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AC · 1962

Cobra 289

Manual · RWD · United Kingdom

MkIII

AutoIndex value · good UK car

£750,000

Researched from UK sold prices and auction results. How we value cars

Estimated price by condition

Project

£450,000

Restoration candidate

Driver

£750,000

Good usable example

Concours

£1.13m

Show standard

Indicative condition bands · not a valuation of a particular car

Price check

Looking at a Cobra 289 for sale? Is it a good price?

Buyer’s notes

About the AC Cobra 289

The Cobra put Ford V8 power in AC’s tubular-chassis sports car. From early 1963 the 289 cars gained rack-and-pinion steering, keeping the transverse leaf-spring suspension; the later coil-spring cars are a separate model. Original cars are rare; replicas and continuation cars are common.

What moves the price

  • Authenticity: an original car, a continuation car and a replica are three separate markets.
  • Provenance: a documented history against the registry records for the chassis number.
  • Originality: the specification as built, including any conversion and reversal.

Before you buy, check

  • The chassis number against the Shelby American World Registry and the owners’ club records.
  • Whether the car is original, continuation or replica, since continuation cars reuse the original numbering scheme.
  • The condition of the tubular chassis.

Facts checked against: Wikipedia · rmsothebys.com · carguychronicles.com · insurance.goodwood.com

The car

Vehicle data

Specifications

From 1962

Performance

Engine4.7L
Power271 hp
Torque393 Nm
0–60 mph4.5s
Top speed153 mph
Kerb weight998 kg
TransmissionManual
DrivetrainRWD

Production

Total builtNot published
Notable variantsMkIII

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AC Cobra 289: value questions answered

How much is a AC Cobra 289 worth?
A good, usable UK example of the AC Cobra 289 is worth around £750,000 on the AutoIndex index. A project car that needs restoration is nearer £450,000, and a concours-quality example around £1.13m. Condition moves the price more than anything else.
What makes one Cobra 289 worth more than another?
  • Service history and paperwork — complete, stamped, explained
  • Mileage against the norm for the model
  • Originality — matching numbers, original paint and trim
  • Specification — gearbox, colour, factory options
  • UK-supplied versus imported
Is the Cobra 289 I'm looking at fairly priced?
Enter its asking price and condition in the price check above. It compares the price with the index for that condition and tells you what to ask the seller about.
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AC Cobra 289 value card
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