Spied a snake today. Advice needed
 

Ok, Long story short. Firstly. Excuse my excitement. I live in Scotland in remote hillbilly type place mils from nowhere big and have only seen one other mustang asides mine in 2 years and it was a new one.
Driving past a small village 17 miles from home today I saw a mustang parked at the back of a dusty garage.
I stopped and went in asking about it. Turns out its the owners son in laws and its not turned a wheel in over a year and just sits there.
In fact its not really done much since it was imported back in 2000.
Heres the good bit. He`s owned it from a year old. He`s tried a couple of times to sell it with no interest. He might be selling it now. Its a Cobra !. A 1999 Cobra with in red. I know the 99 Cobras had issues with making the claimed 320hp but still, I asked if it was up for sale. Its not nowhere as good condition as mine but IF I was to make a cheeky offer, how much should it be? Its had a wee bit of paintwork on the rear quarter ( a bad scratch I was told) but seems straight enough.
What kinda money is in these things? Anything I should look for if I can get it for a good price? Theres 40 thousand miles on it. Twice whats on mine but hey ho.

Any input appreciated here as there never seems to be any N/A New edge Cobras around to use as a guide.

You didnt have any pics of it by chance or any specifics on the engine if anythings been done to it do you?

How did it sound, mechanically? Hope it hasnt been just sitting for 11yrs now...

offer 6k for it :p

I say screw it. Your car is clean and just use the money and mod yours. Won't take much to make yours faster. Now if it was a 03/04 cobra, then it would be a different story.

Turns out its been sitting a while and according to a guy in the the UK Mustang club (if its the same car) its been pretty problematic.

Still, I`ll have a wee test drive and see how it goes.