This one-owner, supercharged 1996 Ford Mustang SVT Cobra convertible sold for $27,750, and that's strong money for a modified example in this condition.

Let’s break down what makes this Cobra special. With only 26,000 miles on the odometer, it's a low-mileage gem. The 4.6-liter V8 engine has been beefed up with a Vortech supercharger, cranking out 381 horsepower and 350 lb-ft of torque at the rear wheels. It’s not just about power; the car has been tastefully modified with H&R springs, Bilstein shocks, and Maximum Motorsports suspension, enhancing both handling and ride quality. Finished in Crystal White with a black soft top, it checks all aesthetic boxes while also being a fun drive. For buyers, this blend of rarity and performance is compelling, especially in the convertible form.

Now, let's talk numbers. The auction saw 28 bids, indicating solid interest, but the final sale price of $27,750 came in about 10% below the fair value estimate of $30,900. Given the low mileage and extensive modifications, this price seems fair, especially for a one-owner car that stands out on the road. While some community chatter suggested that $27,750 was high for a Cobra when compared to Saleen models with similar mileage, it’s clear that this car has its own unique appeal.

The community had positive reactions, with one comment highlighting, "She brought the money I figured a well-sorted example should have." This signals that many felt the car found a good home at a price that reflects its condition and modifications.

For those looking to step into a similar find, keep an eye on the modifications. Not all upgrades add value, and some can actually detract from it. Look for well-documented builds that enhance performance without compromising reliability. If you can find a Cobra like this with low mileage and tasteful mods, you might score a solid deal.

See all Ford Mustang SN95 1994-2004 listings on [Friday's Watchlist](https://fridayswatchlist.com/search?make=Ford&model=Mustang%20SN95%201994-2004).