Well guys I have just got in a trade for a 1997 ford mustang cobra coupe. I did trade a 03 neon rt for it so thinking I came out on top
I know that some people like 150 hp 2003 Neon RTs ...
... but I believe that, like you, I would prefer the 300 hp 1997 Mustang Cobra if it were in decent shape.
"For 1996 - 1998, Ford finally retired the aging 5.0L V8 in the Mustang GT and SVT Cobra, replacing it with a new aluminum 4.6L DOHC modular unit that was smoother and had slightly better fuel economy. Starting with the 1996 model year, every Cobra engine was hand-assembled by two-person teams at the Ford Romeo Engine Plant in Romeo, Michigan, a practice that continued through the remainder of SVT Cobra production. Each engine had a label bearing the names and signatures of the two engine builders. The Romeo engine, as it was called, produced 305 hp and 300 lb·ft of torque, enabling the new Cobra to go 0-60 mph in 5.9 seconds and do the quarter mile in 13.99 seconds at 101.6 mph. However, Car and Driver magazine was able to hit 60 mph in 5.4 seconds and the quarter mile in 14.00 seconds at 102 mph during a comparison test in their December 1995 issue. The 1996 Cobra engine redlined at 6,800 rpm, with fuel shut-off occurring at 7,000 rpm."
"The modular engine's aluminum block was cast in Italy by Teksid, a firm that produces parts for Ferrari and Formula One racers."
Cool! Have fun!