Meet the 2004 Ford Mustang SVT Cobra Mystichrome Convertible – a low-mileage slice of Ford’s supercharged Terminator era. With just 1,900 miles, a 390-horsepower V8, six-speed manual, and that rare Mystichrome Appearance Package, this one’s a unicorn. It’s currently up for grabs on Bring a Trailer, no reserve. What It’s Worth Right Now Classic.com pegs the 1999-2004 Mustang SVT Cobra at a benchmark of $32,087, with average sales hitting $36,023. Prices have bounced from $8,300 all the way up to a wild $175,067, though the latest sale landed at $17,000. Low miles mean big money. One 2004 Cobra with 21,000 miles is asking $44,000, another with 19,000 miles wants $52,950, and if you want to go all-out, there’s a 375-mile time capsule listed at a jaw-dropping $159,900. With just 1,900 miles and that ultra-rare Mystichrome package, this convertible could easily fetch somewhere between $55,000 and $75,000, depending on how original and clean it is. Fun fact: it actually sold for $64,500 on Bring a Trailer back in July 2026, but the deal didn’t go through. Condition and Details The real showstopper here is the Mystichrome Clearcoat – it flips between green, blue, purple, and black depending on the light. You also get a black convertible top, shiny 17-inch wheels, and Dark Charcoal Nudo leather with Mystichrome inserts and Cobra embroidery to match. Under the hood, you’ve got a supercharged 4.6-liter DOHC V8 good for 390 horsepower and 390 lb-ft of torque. That’s hooked up to a Tremec T-56 six-speed manual and a limited-slip diff. Plus, there’s independent rear suspension, Bilstein dampers, and linear-rate springs to keep things planted. A few things to note: the rear bumper has had two repairs (with photos and paint-meter readings to prove it), and the exhaust isn’t stock – it’s got deleted cats, a MAC Prochamber mid-pipe, and Flowmaster mufflers. There was a check-engine light, but that was apparently sorted with a new mass airflow sensor. Carfax is clean for accidents, but there’s at least one open recall. The Offer Specification Detail Make Ford Model Mustang SVT Cobra Mystichrome Convertible Year 2004 Mileage 1,900 miles Engine Supercharged 4.6-liter DOHC V8 Power 390 hp, 390 lb-ft Transmission Six-speed manual Drive type Rear-wheel drive Exterior color Mystichrome Clearcoat Interior color Dark Charcoal Nudo leather Current bid $5,000 Interested in this Mustang SVT Cobra Mystichrome Convertible? View the listing here. What Makes the Mustang SVT Cobra Mystichrome Convertible Unique The 2003-2004 SVT Cobra – better known as the Terminator – made waves with its supercharged 4.6-liter V8, six-speed manual, and independent rear suspension. With 390 horsepower from the factory, it was one of the coolest performance Mustangs of its time. The Mystichrome package cranks up the appeal even more. Ford only built 495 Mystichrome convertibles for 2004, matching that wild paint with interior accents to suit. This one even comes with its original window sticker and SVT Certificate of Authenticity. Final Thoughts A Terminator Cobra with just 1,900 miles is already a collector’s dream, but throw in the Mystichrome spec and you’ve got something truly special. Limited production, low miles, and all the right paperwork make this one seriously tempting. If you’re thinking of bidding, check out those bumper repairs, the exhaust mods, the fixed check-engine light, and the open recall. But honestly, a supercharged V8, stick shift, and that rare factory color? This is one auction you’ll want to keep an eye on. Disclaimer: This post is for informational purposes only. We are not a dealership or broker. All vehicle specifications, pricing, and availability are subject to change without notice. We are not responsible for typographical errors, omissions, or the accuracy of the provided information. Please verify all details directly with the seller.
Liked by Justin Young, Zoë Brown
Liked by Justin Young, Zoë Brown
Liked by Justin Young, Zoë Brown
