A Collector’s Opportunity

An eye-catching 1998 Ford Mustang SVT Cobra Convertible, finished in a striking Canary Yellow, has appeared on the Hagerty Marketplace. With an odometer reading of just 27,400 miles, this vehicle represents a unique opportunity for enthusiasts to own a piece of Ford's performance history from the late nineties.


Engineering Prowess

When the Special Vehicle Team (SVT) unveiled the redesigned Cobra in 1996, it marked a significant shift away from the traditional pushrod 5.0-liter engine. It was replaced by a sophisticated, hand-assembled 4.6-liter modular V8.

Key technical specifications of this engine include:

  • Aluminum engine block
  • Dual overhead camshafts
  • Four valves per cylinder
  • Forged internal components

This powertrain produces 305 horsepower and 300 lb-ft of torque, capable of reaching a high-revving 6,800 rpm. To ensure the car lived up to its performance potential, the SVT division overhauled the suspension, steering, and braking systems, transforming the Mustang into a driver-focused machine.


Specifications and History

This specific unit is part of a limited production run, with only about 3,780 SVT Cobra convertibles manufactured for the 1998 model year. The car features a sleek black leather interior complemented by a matching black soft top. It currently sits on specialized 1998-exclusive chrome Cobra R-style wheels. While it features aftermarket lowering springs, the sale includes the original factory springs for purists.

The interior is equipped with the desirable Electronics and Leather Trim Group, which adds premium features such as power lumbar support and the high-fidelity Mach 460 CD audio system. Further modifications include a roll bar and a cold air intake.


Maintenance and Availability

Originally sold in Virginia Beach, the vehicle has been documented in several states, including Texas, Colorado, and New Jersey, where it is currently listed by Vantage Auto. The car comes with a clean title and a verified CARFAX report.

Recent maintenance performed in March includes:

  • Installation of a new battery
  • Replacement of the oil pan gasket
  • Oil and filter change
  • Installation of four new tires

Bidding for this classic performance convertible is currently underway on the Hagerty Marketplace, with the price already exceeding $7,500. Interested buyers can review the full service history and photo documentation directly on the auction platform.