Used 1997 Ford Mustang SVT Cobra Convertible

1997 Ford Mustang SVT Cobra
List price range
1997 Ford Mustang SVT Cobra


  • Looks great, handles well, very comfortable for a sports car.


  • Still gets its butt whipped by the 5.7-liter Camaro and Firebird twins.
Ford Mustang SVT Cobra years

Used 1997 Ford Mustang SVT Cobra Convertible for Sale

Sorry! There aren't any 1997 Ford Mustang SVT Cobra for sale near you.

Get more for your trade-in

Edmunds shoppers get on average $235 more for their trade-in.

Receive offers from our dealer partners fast.

See your car's value

Edmunds' Expert Review

vehicle overview

The Ford Mustang has been around for 33 years. After receiving a dramatic redesign in 1994, and the 4.6-liter modular V8 in 1996, the Mustang design team has been quietly preparing for a freshening in 1999. The SVT (Special Vehicle Team) has been pretty busy as well; the Cobra received a hand-built, four-cam, 305-horsepower just last year, and as such stands pat this year.

We think that it's a good idea for Ford to take a year off from messing with things on its little hot-rod. With all of the other changes taking place with the rest of its models, some of which haven't been well received, it seems like a good idea to follow the "if it ain't broke, don't fix it" rule. However, we would like to see traction control made available on the Cobra. Sure, it has Ford's "Traction-Lok" limited-slip axle, but it is still pretty darn easy to get the back end of the car pointed in the wrong direction. We think that a traction control system would make this car much friendlier in inclement weather conditions.

Speaking of friendly, we love the Mustang's interior, and think that it is the main reason that the 'Stang sells more models than Camaro and Firebird combined. The seats sit fairly high, giving drivers an outstanding view of the road; the dashboard has a nice two-toned, double bubble layout that is nicely textured; the gauges and controls are easy to view and manipulate; and the front bucket seats offer great lateral support. We won't dwell too much on the backseat, because no one in their right mind buys a sports car for rear-seat accommodations.

As you have undoubtedly read, the Mustang Cobra is a very driver-friendly car, plenty of power yet very easy to navigate around town and with a pretty forgiving ride on the freeways. We like its lively tail, but it can be disconcerting when traveling on twisty two-laners. If you are looking for a car to go canyon storming in, you may be more satisfied in a Chevy Camaro Z28. In the final analysis, though, the Cobra has the goods that most enthusiasts want -- a muscular V8 with a great exhaust note, a nice interior, supportive seats, aggressive styling and entertaining performance at a competitive price. It has long been Ford's recipe for success to provide cars that appeal to a wide range of people, and anyone looking for a fast, fun daily driver should take a look at the Cobra.

1997 Highlights

After last year's significant underhood upgrade, the SVT folks saw no reason to make changes to the Cobra for this year.

Consumer reviews

Read what other owners think about the 1997 Ford Mustang SVT Cobra.

Overall Consumer Rating

Most helpful consumer reviews

Still Perfect After All These Years
I bought my Cobra convertible new and, outside of a fresh paint job, the only expenditures beyond scheduled maintenance have been tires, battery, and spark plug wires. It looks great, sounds great, rides great, makes me feel great. My best all-time automotive investment in which I plan to be buried (close by, at least).
Bryan's Cobra
Great car. Lots of power and though it does have a loose rear end, it is fast and fun to drive, and has the looks inside and out.
Second time is even better.
David Figueroa,01/18/2008
In 1997 I bought a new Cobra coupe, for some insane reason I sold it. Ten years later I came to my senses and bought a 97 Cobra convertable. I blew 10 years of driving fun. I regret that I ever sold my coupe, except for the fact that now I have found another beautiful rio red convertable that just makes my day when I drive her. I used to rave about the 97 Cobra as the prettiest and baddest car on the road, now, again I know that I was right.
first on race day
9t7 cobra,06/19/2009
luv the car, fun to drive, going to install 3.90s to get a little off the line jump. the whole family luvs it , have to fight the wife for the keys. sounds great. the conv. top leaks at the windshield near the ends. glad its garaged.
Write a consumer review of your vehicle for a chance to WIN $100!

Features & Specs

16 city / 24 hwy
Seats 0
5-speed manual
305 hp @ 5800 rpm
See all Used 1997 Ford Mustang SVT Cobra Convertible features & specs


NHTSA Overall Rating

The National Highway Transportation Safety Administration offers independent analysis.
  • Frontal Barrier Crash Rating
    OverallNot Rated
    Driver5 / 5
    Passenger5 / 5
  • Side Crash Rating
    OverallNot Rated
  • Side Barrier Rating
    OverallNot Rated
    DriverNot Rated
    PassengerNot Rated
  • Combined Side Barrier & Pole Ratings
    Front SeatNot Rated
    Back SeatNot Rated
  • Rollover
    RolloverNot Rated
    Dynamic Test ResultNo Tip
    Risk Of RolloverNot Rated
IIHS Rating
The Insurance Institute of Highway Safety uses extensive crash tests to determine car safety.
  • Side Impact Test
    Not Tested
  • Roof Strength Test
    Not Tested
  • Rear Crash Protection / Head Restraint
    Not Tested
  • IIHS Small Overlap Front Test
    Not Tested
  • Moderate Overlap Front Test

More about the 1997 Ford Mustang SVT Cobra
Used 1997 Ford Mustang SVT Cobra Convertible Overview

The Used 1997 Ford Mustang SVT Cobra Convertible is offered in the following styles: 2dr Convertible.

What's a good price on a Used 1997 Ford Mustang SVT Cobra Convertible?

Shop with Edmunds for perks and special offers on used cars, trucks, and SUVs near Ashburn, VA. Doing so could save you hundreds or thousands of dollars. Edmunds also provides consumer-driven dealership sales and service reviews to help you make informed decisions about what cars to buy and where to buy them.

Which used 1997 Ford Mustang SVT Cobra Convertibles are available in my area?

Used 1997 Ford Mustang SVT Cobra Convertible Listings and Inventory

Simply research the type of used car you're interested in and then select a prew-owned vehicle from our massive database to find cheap used cars for sale near you. Once you have identified a used or CPO vehicle you're interested in, check the Carfax and Autocheck vehicle history reports, read dealer reviews, and find out what other owners paid for the Used 1997 Ford Mustang SVT Cobra Convertible.

Shop Edmunds' car, SUV, and truck listings of over 6 million vehicles to find a cheap used, or certified pre-owned (CPO) 1997 Ford Mustang SVT Cobra Convertible for sale near you.

Can't find a used 1997 Ford Mustang SVT Cobra Mustang SVT Cobra Convertible you want in your area? Consider a broader search.

Find a used Ford Mustang SVT Cobra for sale - 5 great deals out of 18 listings starting at $15,943.

Find a used Ford for sale - 3 great deals out of 10 listings starting at $7,529.

Find a used certified pre-owned Ford Mustang SVT Cobra for sale - 8 great deals out of 18 listings starting at $11,775.

Find a used certified pre-owned Ford for sale - 4 great deals out of 12 listings starting at $22,698.

Compare prices on the Used Ford Mustang SVT Cobra for sale in Ashburn, VA to other major cities

Should I lease or buy a 1997 Ford Mustang SVT Cobra?

Is it better to lease or buy a car? Ask most people and they'll probably tell you that car buying is the way to go. And from a financial perspective, it's true, provided you're willing to make higher monthly payments, pay off the loan in full and keep the car for a few years. Leasing, on the other hand, can be a less expensive option on a month-to-month basis. It's also good if you're someone who likes to drive a new car every three years or so.

Check out Ford lease specials
Check out Ford Mustang SVT Cobra lease specials