✦ Shifty Estimate
$28,700
- 12 months median
- $32K
- Sales, 12 months
- 3
Track this car in the app
Get its live Shifty Estimate, price alerts, and every sale on your phone.
1976 Ford Mustang Cobra II
1976 to 1978 · Coupe
Price history
Recent sales
5 sales
1978 · Raven Black · manual2026-05-15$50,600- 1978 · Polar White with red stripes · 95,804 mi · automatic2026-05-01$16,000
1976 · Black (1C) · 52,000 mi · automatic2026-01-13 · Wisenooty$32,000- 1978 · Black · 6,364 mi · automatic2024-10-21$15,000
1976 · White · 28,000 mi · manual2024-10-10 · Staceypersichetti$17,919
Specifications
- Engine
- V8, 5.0L
- Power
- 139 hp
- Torque
- 250 lb-ft
- Transmission
- Manual
- Drivetrain
- RWD
Common questions
How much does a Ford Mustang Cobra II cost?
Over the past 12 months, 3 have sold publicly at a median of $32,000. The Shifty Estimate for a well-kept example is $28,700. Cars have changed hands anywhere from $15,400 to $43,160, depending on mileage, color, and history.
What is a 1976 Ford Mustang Cobra II worth today?
The Shifty Estimate is $28,700. We rate confidence medium: 3 public sales in a year is a thin market, and the spread between them is wide.
What has a Ford Mustang Cobra II sold for at auction?
The 3 most recent public sales we have on file:
- $50,600May 15, 2026Raven Black
- $16,000May 1, 2026Polar White with red stripes · 95,804 mi
- $32,000Jan 13, 2026Black (1C) · 52,000 mi
The Cobra II emerged during Ford's darkest performance era, yet it remains a fascinating piece of Mustang history. Built from 1976-1978, this wasn't the fire-breathing snake of old—emissions regulations neutered the 302 V8 to just 139 horsepower. Instead, Ford leaned heavily into aesthetics with bold cobra graphics, front and rear spoilers, and distinctive side window louvers that screamed '70s excess. The package was purely cosmetic, available on any Mustang II, making genuine performance examples rare today. While purists initially dismissed these cars, the Cobra II has found new appreciation among collectors drawn to its period-correct styling and affordable entry point into classic Mustang ownership. Clean examples with original graphics are increasingly sought after, especially the limited King Cobra variant from 1978. It's automotive disco—polarizing but undeniably of its time.