Details

This 2003 Ford Mustang SVT Cobra has been completely restored and exudes classic Mustang performance with its exclusive body trim and integrated functional air intakes. As the fourth generation evolved, this 2003 model convertible gained a supercharger and 32-valve Dual Overhead Cams that boosted power on the 4.6L V8 to 390 hp. This power is delivered to the rear wheels through a 6-speed manual transmission. The SVT Cobra includes exclusive performance suspension and interior trim to remind you this is not your base Mustang convertible.

This Mustang shows 108,180 original miles on the odometer and received extensive servicing and restoration that included a host of new components to ensure performance for years to come. This work included a repaint in its original Redfire Clearcoat, a replacement black convertible top and a new interior complete with charcoal and graphite leather, carpets, steering wheel and an SVE 2000 Cobra style shifter. Mechanical work included rebuilding the transmission, replacing the shocks and radiator. Please note additional details below.

This convertible was purchased in Florida by the seller s father and remained with its owner in Florida until 2023 when it was inherited by the seller and relocated to North Carolina. The included CarFax report notes detailed service records, and a third party inspection attests to the current condition and care taken to restore this vehicle to its original condition.

This Mustang SVT Cobra convertible is now available in North Carolina as a Premium Listing on CLASSIC.COM and is being offered by Parker Frazier.

About the model

The Ford Mustang SVT Cobra was a high-performance model that was part of the SN-99 "New Edge" Fourth Generation Mustang that continued on the preceding SN-95 SVT Cobra platform. Introduced for the 1999 model year, it featured updated exterior styling, a more powerful engine, and, for the first time, fitted to a Mustang, independent rear suspension. These cars were offered in coupe and convertible body styles and featured a range of distinct styling touches. The interior was essentially unchanged from the previous SVT Cobra, however, cloth seats were no longer available, and minor updates were made over the generation. Ford claimed that the 4.6L V-8 had 320 horsepower; however, independent tests proved it to be less. The year 2000 saw an absence of the Cobra as Ford changed the engine from the Teksid block to the Windsor Aluminium Plant block for 2001, providing more accurate performance ratings. In 2003 Ford added a supercharger and 32-valve Dual Overhead Cams on the 4.6-liter engine, raising it to 390hp, with these cars commonly known as "Terminator." The Fourth Generation Mustang was the last to feature the SVT Cobra, being replaced by the Fifth Generation Mustang and its optional performance trims.

Features and Specs

• VIN: 1FAFP49Y33F412006
• 108,180 original miles
• 4.6L Supercharged V8 engine
• 6-speed manual transmission
• SVT performance suspension components
• Black convertible soft top
• Charcoal and graphite SVT leather interior
• SVT instrumentation
• 17-inch 5-spoke chrome wheels
• Air conditioning

Known Modifications

• SVE 2000 Cobra-style leather-wrapped shifter

Due Diligence

• Third-party inspection May 2024 - view inspection report
• Third-party photos taken May 2024
• CarFax report pulled May 2024 - view CarFax report

Ownership History

• June 2024 - Offered for sale by the daughter of the original owner
• May 2023 - Inherited by the seller and relocated to North Carolina
• June 2004 - Purchased in Florida by the seller's father

Service History

Restoration in 2022-2023:

Mechanical

• Installed a new Magnaflow stainless cat back exhaust system
• Rebuilt the transmission
• Cleaned the fuel injectors and flushed the gas tank
• Installed an aluminum radiator and replaced hoses, water pump and thermostat
• Replaced the front and rear spring isolators
• Installed new Bilstein shocks and struts
• Replaced the lower control arms, outer tie rod ends, bushings, and rack & pinion
• Replaced the rear tie rod ends, upper housing bushings
• Cleaned and painted the rear suspension
• Replaced the front and rear drilled rotors and brake lines
• Detailed the engine

Exterior

• Repainted the exterior
• Replaced the Cobra front bumper
• Replaced the convertible top
• Cut and replaced the exhaust flange
• Replaced 4 tires
• Replaced the headlight assembly
• Replaced the headlight and fog light bulbs
• Powder Coated 4 wheels

Interior

• Replaced leather interior seat covers
• Replaced carpet and floor mats
• Replaced the door panels and panel cups
• Replaced the sun visors
• Replaced the shifter with a SVE 2000 Cobra style leather-wrapped shift knob
• Fixed the boost gauge
• Replaced the steering wheel
• Replaced the driver's side window motor
• Replaced the trunk lift shocks

Additional historical service history is included in the CarFax report.

Known Issues

• The CarFax report indicates moderate damage to the left-front of the vehicle in 2017.
  • The damage was repaired

Included in the Sale

• Two sets of keys
• Original owner's manual
• Service receipts