[moore_rb]

Auto tranny and welded diff are both great for drag racing, but that solid rear diff will make it very unruly on the street (and virtually undriveable on wet pavement)...

But nice that it's a 9-inch rear, so a replacement third member could be sourced to put a more civilized posi-diff into it without breaking the bank.

Assuming the engine is still healthy, this would be a great project starting point for someone who wanted to tear it down and rebuild it into a more streetable car, But this is the LAST car I would recommend to a new potential Cobra owner.

This one has to be seen as a project for a real gear-head (or someone with deep pockets, and no concern about shop labor rates).

price-wise, it seems like a good "middle of the road" deal - if you add up the price of an Everett Morrison kit, a paint job, engine, trans, and misc detail parts, you would probably end up right around this 35,000 point...