
The 2004 Ford Mustang SVT Cobra convertible represents the pinnacle of the “Terminator” era, a period defined by factory-supercharged performance and aggressive styling. This specific example is exceptionally rare, being one of only 495 convertibles equipped with the highly coveted Mystichrome Appearance Package. With a mere 6,000 miles indicated on the digital odometer, the vehicle serves as a rolling time capsule of Special Vehicle Team engineering. It remains a standout among the SN95 generation, offering a unique blend of early 2000s tech and raw American muscle that continues to command respect in the collector circuit.

ChromaFlair Pigments and Cobra Styling
The exterior is finished in the mesmerizing Mystichrome Clearcoat, a paint technology utilizing ChromaFlair pigments that shift dynamically between topaz green, cobalt blue, royal purple, and deep onyx black. This SVT Cobra is distinguished from standard Mustangs by its functional heat-extracting hood, revised front and rear fascias, and circular fog lights. A power-retractable black soft top provides a sharp contrast to the color-shifting bodywork, while 17-inch chrome five-spoke wheels mounted with Goodyear Eagle F1 tires complete the aggressive stance. Dual polished exhaust outlets and black-surround headlights further emphasize its high-performance pedigree.

Nudo Leather and Mystichrome Accents
The cabin is a dedicated environment for the enthusiast, featuring articulated front sport seats trimmed in Dark Charcoal Nudo leather with unique Mystichrome inserts. These color-shifting accents extend to the leather-wrapped steering wheel, creating a cohesive design language throughout the interior. Modern conveniences include a power-adjustable driver’s seat, air conditioning, and a Mach 460 AM/FM stereo equipped with an in-dash six-disc CD changer. The instrument cluster remains a signature SVT touch, boasting white dials that house a 160-mph speedometer and an SVT-branded tachometer with a 6,500-rpm redline.

Supercharged Terminator Power and Handling
At the heart of this Cobra is the legendary supercharged 4.6-liter DOHC V8, featuring a robust cast-iron block, aluminum heads, and a forged rotating assembly. This powerplant was factory rated at 390 hp/395 PS and 390 lb-ft/529 Nm, delivering a linear and visceral power curve. Output is directed to the rear wheels via a Tremec T-56 six-speed manual transmission and a limited-slip differential. The chassis is equally sophisticated, utilizing an independent rear suspension paired with linear-rate springs and gas-pressurized Bilstein monotube dampers to ensure the car handles as well as it accelerates.
| Technical Specifications | |
|---|---|
| Engine | Supercharged 4.6L DOHC V8 |
| Transmission | Tremec T-56 6-Speed Manual |
| Differential | Limited-Slip (IRS) |
| Suspension | Bilstein Monotube Dampers |
| Brakes | 4-Wheel Disc (Cobra Front Calipers) |
| Production Rank | #673 of 1,896 Units |
Rarity and Investment Potential
As one of only 495 Mystichrome convertibles produced for the model year, this vehicle occupies a very narrow and desirable niche in the Ford enthusiast market. The “Terminator” Cobras were significantly more capable than their contemporary rivals from GM or international manufacturers, offering a level of factory tuning that was ahead of its time. Given the extremely low mileage and the inclusion of the SVT Certificate of Authenticity, this example represents a premier investment opportunity for collectors seeking the most distinctive and technically advanced variant of the New Edge Mustang.

The Ultimate New Edge Collectible
This 2004 Ford Mustang SVT Cobra convertible is a masterclass in specialized automotive design. From the complex chemistry of its Mystichrome paint to the mechanical durability of its forged V8 engine, it remains an uncompromising performance machine. For the collector who demands low mileage and high rarity, this SVT-certified convertible offers a chance to own a pivotal piece of Ford’s Special Vehicle Team history in its most visually striking form.
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Source: bringatrailer.com




