What Is the Average Price of a Shelby Cobra?

average-price-shelby-cobra Credit: Heritage Images/Hulton Archive/Getty Images

A 1965 Shelby Cobra ranges from $118,000 for a CSX 4000 series to nearly two million dollars for the 289 and 427 models, as of 2015. The Shelby Cobra is an American sports car manufactured from 1962 to 1967 by Carroll Shelby.

Shelby manufactured the CSX 4000 series in the 1980s using original frames from the 1960s Cobras. Many replicas of the 1960s Cobras are available as cheaper purchase options for car enthusiasts. The Cobras consist of an aluminum roadster body paired with a Ford V8 engine.

Shelby built 75 of the original Cobras in 1962 and 1963, then upgraded the engine for the 289 model and CSX 2000 series from 1963 to 1965. The engine was upgraded again in 1965 for the 427 model and CSX 3000 series through 1967.