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1993 Ford Mustang 5.0 SVT Cobra R
3dr Hatchback
8-cyl. 302cid/230hp SFI
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$63,800*
-10.8%
#4 Fair condition#4 Fair
Jan 2025
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1979-1993 Ford Mustang stats
Number produced **
107
Highest sale
$231,000
Lowest sale
$1,210
Most recent sale
$43,350
Sales
2189
Photos
44 photosImages may not reflect selected vehicle.
Past sales
$43,350
1986 Ford Mustang Saleen
47000 M
Standard
North America
Mar 26, 2025Bring a Trailer
View details
$45,937
1993 Ford Mustang 5.0 LX
11000 K
Standard
North America
Mar 25, 2025Bring a Trailer
View details
$18,112
1986 Ford Mustang SVO
21000 M
Standard
North America
Mar 25, 2025Bring a Trailer
View details
$38,062
1991 Ford Mustang 5.0 GT
6000 M
Standard
North America
Mar 23, 2025Bring a Trailer
View details
$13,335
1989 Ford Mustang 5.0 GT
75600 M
Automatic
North America
Mar 21, 2025Cars & Bids
View details
$14,175
1993 Ford Mustang 5.0 LX
71000 M
Automatic
North America
Mar 18, 2025Bring a Trailer
View details
Insurance
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Model overview
Model description
1993 marked the last year for the classic Fox body Ford Mustangs, ending a 15-year production run for the third generation of Ford’s pioneer pony car. Changes were minimal except for the return of the iconic Cobra variant.
Constructed by Ford’s Special Vehicles Team (SVT), the Cobra employed the 5.0-liter V-8 engine fitted with mods such as a revised camshaft and “GT-40” cylinder heads straight from Ford Racing. The result was a V-8 that now put out 235 horsepower and 280 pound-feet of torque. Power went to the rear wheels through a beefier Borg-Warner T-5 manual gearbox.
The Cobra featured unique front splitter, 17-inch alloy wheels, four-wheel disc brakes, a unique rear wing and Cobra badging. Later in the 1993, SVT rolled out the Cobra-R. Designed as a race-ready Mustang, the Cobra R featured no rear seat, no air conditioning and no radio. It added larger brakes, engine oil cooler, power steering cooler, and Koni shocks and struts.
Output of the 5.0-liter V-8 in the GT and LX was restated. According to Ford materials, it now put out 205 hp and 275 pound-feet of torque. This was likely more accurate, but also an attempt to make the Cobra feel more special.
The Special Edition was back to help with slowing sales. These were all LX 5.0 convertibles with white wheels, white convertible top, and a unique spoiler design. Buyers could get it in Vibrant White with a white leather interior or Vibrant Yellow with either a black or white leather interior.
114,335 Mustangs were sold in 1993, of which 4,993 were Cobras. These are certainly collector cars, but with just a scant 107 built, the top-tier Cobra-R is one of the top choices for a Fox body Mustang aficionado.
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Common Questions
The value of a 1993 Ford Mustang 5.0 SVT Cobra R can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $63,800 for a 1993 Ford Mustang 5.0 SVT Cobra R in good condition with average spec.
The highest selling price of a 1993 Ford Mustang 5.0 SVT Cobra R at auction over the last three years was $216,000. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.
The lowest selling price of a 1993 Ford Mustang 5.0 SVT Cobra R at auction over the last three years was $136,000. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.
In the last three years there have been 6 1993 Ford Mustang 5.0 SVT Cobra Rs sold at public auction.
The most recent auction sale of a 1993 Ford Mustang 5.0 SVT Cobra R was $151,200 on March 07, 2025 by Broad Arrow Auctions.
Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.
Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.
Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.
The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.