At just seven years old, the first run of modern S197 Ford Mustang Cobra Jets certainly aren’t anywhere close in age to gaining collector car status yet, but since first being announced to the world, many have believed that one day — perhaps decades from now — they will command big bucks for automotive collectors. For that reason, despite several limited production runs of the Cobra Jet from 2008 to the present year that have pushed the total number of cars in circulation well beyond the original 50, there are still parties purchasing these cars and keeping them stored away as potential investments.

There are of course countless others getting their moneys worth out of their Cobra Jets, flogging them up and down the race track week in and week out in Stock and Super Stock competition. After all, these are race cars and they were built to race. But one has to dream of just what the future might hold for them — unmolested or not — long after the Cobra Jet program has been disbanded again and early 2000s performance cars are considered classics.

Photos credit: eBay

Well, one lucky individual who was fortunate to get their hands on one of those very first Cobra Jets isn’t waiting around to find out. Instead, their 2008 FR500CJ — one of the first 50 built — is being sold/auctioned on eBay, with a going price of $105,000. That, for a car that originally listed to selected buyers for $69,900.

What makes this an obvious collector-intended piece, however, is that it has just six-tenths of a mile on the odometer. Not even a mile. So not only has this Cobra Jet never turned a tire on the track, but it’s likely never even done a burnout either. At six-tenths of a mile, we’d guess it was driven out of the Auto Alliance International assembly plant in Michigan to a waiting trailer, was perhaps moved around the shop it was stored in a time or two, but otherwise, was kept pristine to further its value.

If the seller can get his asking price, even at an original markup, he made some money. If not, it might just be a case of these cars not coming into their own, value-wise, just yet. And if it does sell, will it be raced or left to lead a quiet existence, as it already has? We’d have to guess the first run and the final run of the Cobra Jets will potentially be the most valuable in the future, so that’s a question a buyer would have to ask themselves.

What say you: do you think the Cobra Jets will be valuable collector pieces one day, or with each run of year model cars, do they become less rare?