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Tim:
Regarding survival rates of the original Cobras, that number is very high. Many, however, have been resurrected over time which presupposes a lot of accidents/damage. I have never surveyed the registry but it would be 80%+.
The general rule of thumb on "most" production cars is that after 23 years, 1% of the original production is still on the street. Exception being sports cars and other unique marques. The '53 Corvette has a survival rate of around 66%, I think, which is quite an exception. Many of these have been pulled out of oblivion because of interest and collectibility. One probably couldn't say the same for your Uncle's '74 Chevrolet Vega wagon or your Grandfather's '64 Plymouth Savoy.
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