[SunDude]

No I didn't see many UM Cobras in the mid-20s. The one in question was priced in the 30s, but look quite a while to sell so the seller took much less than he'd hoped for it.

I would say that the UM Cobras I saw for sale over the years have been, on average, priced lower than a comparably equipped ERA or SPF. Could represent a good deal for you, if your budget can't stretch to the ERA/SPF level. UM seems to make a really nice car and I've read nothing but great comments about the Weaver family.

But to be honest, you get what you pay for. The UM in MN might represent a good price, but clearly it's a fixer upper. If you've got the time and interest to tinker with it, it could be a cheap way to get started. If you don't, look elsewhere.