Just a bit of advice as others posting have stated. I bought my Cobra as a good deal. I do not regret it because i love the car, but all those little things that seem easy to fix really are not. A sticking brake turned into a set of calipers, rotors, and pads. This was on a Jag rear end. The loose tie rod was both inner and outer tie rods. The hesitation in the engine was a new carb, ignition, and a few other things. The couple of paint scratches is enamel paint that needs a new paint job. The
oil leak was a rear main seal. The list goes on and on.
I enjoy working on the car, but all said and done, i could probably have bought a SPF, but i could not afford that at the time. I am not saying a cheap car is a bad deal, but it is cheap for a reason. Buy the best car you can afford. You will be miles ahead. Also, buy a known brand that is preferably still in business. If you do not have a lot of cash, buy an older Factory 5. Parts are easy to find, and you can fix it at home with parts from your local auto parts store. You can always trade up later if you outgrow the car.