Turnkey Cobra on a budget?

[sporqster]

Hello all,

This is my first post, so please don't flame me for my ignorance. My wife and I recently moved down here to Savannah from Indiana, and we've decided our next 'extra' car is definately going to be open-top. She's thinking 'Miata', I'm thinking 'Cobra'... I had a buddy of mine from where we lived in Indiana that built a FF Cobra in his garage with a wrecked Mustang donor car for pretty inexpensive- and it was all kinds of wicked fast fun. What I wouldn't give to make that a reality for me...

However, I can't quite cash in my 401k for it. I don't need (or want) a show car, nor the fastest Cobra kit ever built, but I would like to find a turn-key Cobra within reach of the price of a gently used Miata... say $15k or so? I don't want to buy another project (as I have enough of those aready) but don't mind doing a little fix-up and maintence. Any advice for building a case against the Miata and for something with bit more character?

Anyone interested in trading me projects? I have most all the parts for a V6 Opel GT with a 6-point cage in the garage...