1998 Ford Mustang SVT Cobra Review
Price Estimate: $113 - $177

Ford Mustang SVT Cobra model years
Ford Mustang SVT Cobra types
- Coupe
- Convertible
Edmunds' Expert Review
by the Edmunds Experts
Pros
- Looks great, handles well, very comfortable for a sports car.
Cons
- Still gets its butt whipped by the 5.7-liter Camaro and Firebird twins.
What’s new
The Cobra sees virtually no changes as a heavily revamped version is due next year.
For sale near Stevens Point, WI
12 listings
- 85,062 miles
- 1 accident, 6 owners, personal use only
- 8cyl manual
- Highway 12 Motorsports (588 mi away)
Close
Located in Nashville, TN
?? 1998 Ford Mustang Cobra Only 85K Miles! ?? Check out this beautiful 1998 Ford Mustang Cobra! This car runs and drives great and is a true blast fr...
AutoCheck Vehicle History Summary
Accident Free Vehicle: No
Personal Use Only: Yes
History Provider: AutoCheck
Title Details: Clean Title
Salvage Vehicle: No
Frame Damage: No
Theft History: Yes
Lemon Status: No
Free History Report: No
Features and Specs:
18 Combined MPG (16 City/24 Highway)
Listing Information:
VIN: 1FAFP47V0WF112825
Stock: 112825
Certified Pre-Owned: No
Listed since: 02-12-2025- $18,900great price$6,564 below market
- 38,205 miles
- No accidents, 6 owners, personal use
- 8cyl manual
- Classic Auto Mall (757 mi away)
Close
Located in Morgantown, PA
1998 Ford Mustang Cobra Convertible In the never ending and often comical rivalry between Chevy and Ford devotees, Mustangs get a bad rap and are ofte...
AutoCheck Vehicle History Summary
Accident Free Vehicle: Yes
Personal Use Only: Yes
History Provider: AutoCheck
Title Details: Clean Title
Salvage Vehicle: No
Frame Damage: No
Theft History: No
Lemon Status: No
Free History Report: No
Features and Specs:
18 Combined MPG (16 City/24 Highway)
Listing Information:
VIN: 1FAFP46V2WF177032
Stock: 6214
Certified Pre-Owned: No
Listed since: 03-13-2024
Vehicle overview
The Ford Mustang has been around for 34 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 two years ago, 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.
Ford Mustang SVT Cobra Owner Reviews
Most Helpful Owner Reviews
Trending topics
Snake in my driveway
5 out of 5 starsLow Buck Larry, 10/02/2016
1998 Ford Mustang SVT Cobra 2dr Convertible
I'm 70 years old, and have owned approximately 80 cars in my lifetime, including street rods, muscle cars from the 50's, 60's, and 70's. My '98 Cobra, is one of the best all around performance cars, that I have owned. The car looks great, sounds great, accelerates great, and gets great gas mileage, for a performance car {I've gotten 27 mpg at 70 miles an hour, on the Interstate. It's … now 2018, and I still love it.
my blown cobra
4.25 out of 5 starsflowfx, 10/31/2004
1997 Ford Mustang SVT Cobra 2dr Coupe
32v + boost = amazing amounts of power.
my 97 cobra has a vortech sq-s trim
@12psi and runs low 11s allday with a
very safe tune.
I think the editor review is ridiculous.
And this is a SPORTS CAR with a SOLID
REAR END. Of course its going to drive
hard with a stiff suspension, and of
course potholes are going to go BUMP.
*rolleyes* Sounds like some of these
people need to … turn in their Cobras and
head over to the Escort aisle.
Refined Musclecar
4.5 out of 5 starsSnake, 06/16/2003
1997 Ford Mustang SVT Cobra 2dr Coupe
Tons of high RPM power. Love the angry
32 valve DOHC V8. Handles great. Well
built. Beutiful exhaust note. people
really notice this beast. All around
nice car, not just a straightline
performance car. no one will regret
buying this car. Pop the clutch shift
at 6800 RPM's, snatch second fishtail
hit sixty before you know it and
listen to that mean Cobra motor sing.
Still Perfect After All These Years
4.75 out of 5 starsREG, 10/31/2009
1997 Ford Mustang SVT Cobra 2dr Convertible
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).
We have a limited number of reviews for the 1998 Ford Mustang SVT Cobra, so we've included reviews for other years of the Mustang SVT Cobra since its last redesign.
1998 Mustang SVT Cobra Highlights
Coupe
Engine Type | Gas |
---|---|
Combined MPG | 18 MPG |
Cost to Drive | $189/month |
Cargo Capacity All Seats In Place | 10.9 cu.ft. |
Drivetrain | rear wheel drive |
Safety
IIHS Rating
The Insurance Institute of Highway Safety uses extensive crash tests to determine car safety.
- Small Overlap Front Driver-Side TestNot Tested
- Small Overlap Front Passenger-Side TestNot Tested
- Moderate Overlap Front Test – Original0
- Moderate Overlap Front Test – UpdatedNot Tested
- Side Impact Test – OriginalNot Tested
- Side Impact Test – UpdatedNot Tested
- Roof Strength TestNot Tested
- Rear Crash Protection / Head RestraintNot Tested
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