2003 Ford SVT Cobra Convertible – A Modern Muscle Legend
The 2003 Ford Mustang SVT Cobra Convertible, known as the "Terminator," stands as one of the most revered Mustangs ever produced. Built by Ford's Special Vehicle Team (SVT), this high-performance pony car redefined American muscle in the early 2000s with its factory-supercharged V8, aggressive styling, and track-capable engineering. With only 18,780 actual miles, this particular Oxford White Cobra remains a stunning example of the legendary machine, combining collector-grade originality with tasteful enhancements that further refine its performance.
The SVT Cobra Legacy
The 2003 Cobra was a game-changer, marking Ford's transition from naturally aspirated Cobra models to the now-famous factory-supercharged "Terminator" edition. The centerpiece of this engineering marvel was its 4.6L DOHC supercharged V8, featuring a hand-built aluminum block, forged internals, and an Eaton M112 supercharger that produced 390 horsepower and 390 lb-ft of torque—though enthusiasts often found these figures to be conservative. The SVT team also introduced an independent rear suspension (IRS), a first for a production Mustang, improving handling and ride quality. Paired with a Tremec T-56 6-speed manual transmission, the Cobra was a force to be reckoned with, delivering thrilling acceleration and a factory-rated 0-60 mph time of just 4.5 seconds.
With only 308 units produced in this Oxford White (code: Z1) paint for 2003, this Cobra is among a rare breed. Matched with the M2 Graphite leather interior, this convertible represents a distinct and desirable color combination.
Preserved Performance & Thoughtful Enhancements
This SVT Cobra retains its original, matching-numbers 4.6L supercharged V8, delivering factory-spec power with a few select upgrades to enhance its performance and sound. A JLT cold air intake improves airflow, while the Borla cat-back exhaust system amplifies the Cobra’s deep, signature growl. Handling has been fine-tuned with Maximum Motorsports caster/camber plates and bolt-in subframe connectors, improving stability and cornering precision.
Additional enhancements include:
Aftermarket billet hood inserts for a more aggressive look
Aluminum radiator with electric fans for superior cooling
Hydro-Boost brakes with four-wheel disc braking for confident stopping power
Power steering with rack & pinion for precise control
Rolling on 17-inch SVE OE 5-spoke wheels wrapped in Nitto NT555 275/40 tires, this Cobra retains an authentic yet subtly modernized stance.
Well-Preserved with Factory Comforts
Inside, the M2 Graphite leather sport bucket seats provide a premium feel, while the 6-way power driver’s seatensures customized comfort. Standard luxury features include power windows, locks, and mirrors, a Mach 460 audio system with a 6-disc CD changer, and a rear defroster. The power-operated convertible top is in excellent condition, allowing for an open-air driving experience at the push of a button. The factory air conditioning blows ice cold, making this Cobra just as enjoyable for cruising as it is for spirited driving.
This Cobra has been meticulously maintained, as evidenced by its clean CarFax and Marti Report verification. The undercarriage remains very clean, reflecting the car’s low-mileage history and careful ownership.
A Rare Opportunity to Own an SVT Legend
With its low mileage, rare color combination, and preserved originality, this 2003 Ford SVT Cobra Convertible is an exceptional find for collectors and enthusiasts alike. This “Terminator” is not just a car; it’s a piece of modern muscle car history, embodying the pinnacle of Ford’s early 2000s performance engineering.
At PC Classic Cars, we are passionate about preserving and celebrating legendary automobiles like this Cobra. Our team takes pride in sourcing well-maintained, high-quality classics that excite and inspire. Whether you're a seasoned collector or a Mustang enthusiast, this SVT Cobra represents a rare chance to own one of Ford’s most iconic high-performance machines.