BaT Auction: 580-Mile 2003 Ford Mustang SVT Cobra Convertible

This 2003 Ford Mustang SVT Cobra convertible was purchased new by the seller from Varsity Ford in Ann Arbor, Michigan, and it has remained registered in that state. The car is finished in Dark Shadow Grey over Dark Charcoal and Parchment upholstery, and it is powered by a supercharged 4.6-liter V8 paired with a six-speed manual transmission and a limited-slip differential. Additional equipment includes a black convertible top, 17″ alloy wheels, independent rear suspension, cruise control, air conditioning, and a Mach 460 audio system with a six-disc CD changer. This SVT Cobra has 580 miles and is offered with a window sticker, SVT literature, a clean Carfax report, and a clean Michigan title in the seller’s name.

The car is finished in Dark Shadow Grey Clearcoat (CX) and features a Cobra-specific vented hood, rear spoiler, front and rear bumper covers, and side moldings. Additional details include a power-operated black soft top, SVT badging, integrated fog lights, power-adjustable side mirrors, and dual stainless-steel exhaust outlets.

Five-spoke 17″ alloy wheels wear SVT center caps and are mounted with 275/40 Goodyear Eagle F1 GS tires. The SVT suspension consists of linear-rate springs, gas-pressurized front struts and rear shocks, and independent rear suspension. Stopping power is provided by four-wheel disc brakes with Cobra-branded calipers.

The cabin features seating upholstered in Dark Charcoal leather with Parchment suede inserts and a Cobra emblem embroidered into each front seatback, and Graphite carpets are protected by matching floor mats. Amenities include a power-adjustable driver’s seat, power windows and locks, cruise control, alloy pedals, and a Mach 460 AM/FM radio with a six-disc CD changer. Two indentations are visible in the upholstery on the side of the passenger seatback.

The leather-wrapped steering wheel frames white instrumentation including a 160-mph speedometer, an SVT-branded tachometer, and gauges for fuel level, coolant temperature, boost pressure, and oil pressure. The digital odometer shows just under 580 miles.

The supercharged DOHC 4.6-liter V8 produced 390 horsepower and 390 lb-ft of torque when new and features a cast-iron block, aluminum cylinder heads, and an oil cooler. A plaque showing the engine builder’s signature is affixed to the valve cover.

Power is sent to the rear wheels through a six-speed manual transmission and a limited-slip differential. Additional photos of the underside are provided in the image gallery below.

The window sticker shows Varsity Ford as the selling dealer and lists factory colors, equipment, and a total MSRP of $39,265.

The Carfax report shows no accidents or other damage and shows 2002 and 2003 entries indicating initial delivery to the dealership as well as registration in Michigan.

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