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Pony car

1976 Ford Mustang II Cobra II

Pony car powered by 1976 Ford Mustang II 2.3L Lima four-cylinder.

1976 Ford Mustang II Cobra II in the factory Polar White and blue treatment
Factory form Cobra II package on the Mustang II 2+2 hatchback
Engines 2.3L four-cylinder, 2.8L V6, or 302 V8
Production 25,259
Package proof Order record or Marti report; no unique Cobra II VIN code
Installer Motortown Corporation for Ford

Story

Ford introduced the Cobra II for 1976 as a factory-ordered appearance package on the Mustang II 2+2 hatchback. Its front and rear spoilers, simulated hood scoop, over-the-top stripes, rocker graphics, fender snakes, black grille, quarter-window louvers, and full instrumentation recalled earlier Shelby Mustangs, but the package did not define the engine. The standard 2.3-liter four-cylinder, optional 2.8-liter V6, and optional 302 V8 were all available. Motortown Corporation installed the appearance hardware for Ford; that production step does not make the car a dealer conversion or a Shelby.

The 2.3-liter car started with a floor-shifted four-speed and front disc brakes. The V6 and 302 required power brakes, and the 302 also required power rack-and-pinion steering. Early Ford buyer literature says the V8 required Cruise-O-Matic, while the revised December 1975 Mustang brochure lists a wide-ratio four-speed as available with the 302. A car's build date, transmission code, Marti report, and installed components therefore matter more than a blanket model-year rule. Four-cylinder and some V6 cars used the smaller 6.75-inch axle; some V6 cars and all V8 cars used the removable-carrier 8-inch axle. Competition Suspension, Traction-Lok, and the broader Rallye Package were optional rather than automatic Cobra II equipment.

Ford built 25,259 Cobra IIs for 1976. The VIN identifies a 1976 Mustang II hatchback and its Y-code 2.3, Z-code 2.8, or F-code 302, but it does not encode the Cobra II package. Authentication begins with a Marti report or original order record and then reconciles the door certification label, buck tag, paint and trim, drivetrain codes, dates, spoilers, scoop, louvers, stripes, emblems, wheels, suspension, brakes, and hidden finishes. A hatchback with later Cobra graphics is not proven factory equipment by appearance alone.

Price history

Values

Nominal dollars from original price sheets, auction archives, and approved value references.

Original Price

Market Observations

  • Price guide value $14,400

    Jul 1, 2026 · Hagerty Price Guide · Current guide point

    Condition #3 Good benchmark for the selected V6 Cobra II configuration · unknown · good Dated guide value, not a completed transaction or appraisal of an individual car.
  • Auction sale $32,000

    Jan 13, 2026 · Bring a Trailer

    Marti-documented 302 automatic with repaint, replacement graphics, induction, exhaust, and service changes · modified · unknown Completed winning bid before buyer fees; modifications are explicitly retained in the comparison.
  • Auction sale $55,000

    Jan 6, 2024 · Mecum

    Cobra II represented with vehicle-specific restoration and modification context · modified · unknown Completed sale; not a direct benchmark for a factory-stock car.
  • Auction sale $25,300

    Apr 14, 2023 · Mecum

    Polar White and blue Cobra II · restored · unknown Completed sale; vehicle-specific configuration and condition apply.
  • Auction sale $19,250

    Jul 27, 2022 · Mecum

    White-over-blue Cobra II · restored · unknown Completed sale; restoration quality, drivetrain originality, and fees remain vehicle-specific.
  • Auction sale $7,600

    Aug 11, 2021 · Bring a Trailer

    Repainted Cobra II with replacement 302, wheels, stereo, and gauges · modified · unknown Completed winning bid before buyer fees; substantial changes limit comparison with a stock car.

Values move with paperwork, originality, options, condition, venue, and body style. High bids and guide values are labeled separately from completed sales.

Reference records

Options, Colors & Components

Source-backed details for trim, chassis, production, and authenticity.

Engine Details

1976 Cobra II front and engine-bay viewMichael Rivera via Wikimedia Commons · CC BY-SA 4.0
  • Y-code 2.3L Lima four-cylinder 140 CID, two-barrel, 93 SAE net hp and 98 lb-ft · standard Cobra II engine · engine assembly / specification
  • Z-code 2.8L Cologne V6 171 CID, two-barrel, 104 SAE net hp and 140 lb-ft · optional; power brakes required · engine assembly / specification
  • F-code 302 Windsor V8 302 CID, two-barrel, 134 SAE net hp and 213 lb-ft · optional; power brakes and power steering required · engine assembly / specification

Transmission

  • Factory transmission four-speed manual
  • Factory transmission C3 SelectShift automatic with four-cylinder or V6
  • Factory transmission C4 SelectShift automatic with 302

Options

Three Production Engines reference for the 1976 Ford Mustang II Cobra IIClassic Muscle · Reference illustration

Production

Manual and SelectShift Paths reference for the 1976 Ford Mustang II Cobra IIClassic Muscle · Reference illustration

Authenticity

Two Rear-Axle Families reference for the 1976 Ford Mustang II Cobra IIClassic Muscle · Reference illustration
  • Cobra II package identity Marti report, invoice, build sheet, or equivalent Ford record lists the Cobra II package and agrees with the buck tag and equipment · Marti report, original invoice or window sticker, build sheet, radiator-support buck tag, and installed package components · fraud detection
  • VIN and engine VIN begins with model year 6, identifies a hatchback body, and carries Y, Z, or F for the documented engine · Driver-side dash VIN, door certification label, Marti report, engine castings and tags · numbers matching
  • Buck tag and assembly Dearborn CB or plant-appropriate Cobra notation agrees with dates, DSO, paint, trim, and Ford records · Radiator-support buck tag, door label, Marti report, hidden body markings, and build sheet · date correctness
  • Transmission timing Transmission code and installed assembly agree with the engine, build date, and the applicable factory literature · Marti report, door label, transmission tag, casting and date codes, shifter, clutch or automatic controls · date correctness
  • Paint, graphics, and trim Factory paint code, stripe pairing, vinyl color, hidden finishes, and package details agree with records · Door label, Marti report, hidden paint, jambs, hatch, interior trim, graphics, spoilers, scoop, louvers, and emblems · trim correctness
  • Axle, brakes, and suspension Axle family and tag, power-assist equipment, springs, shocks, stabilizer bars, and Traction-Lok status agree with engine and order records · Axle tag and carrier, brake booster and hydraulics, suspension hardware, Marti report, and option records · numbers matching

Still Researching

  • engine The model-year engine record is documented; an individual car still requires vehicle-specific evidence before originality claims are made.
  • transmission The model-year transmission record is documented; an individual car still requires vehicle-specific evidence before originality claims are made.
  • rear axle The model-year rear axle record is documented; an individual car still requires vehicle-specific evidence before originality claims are made.
  • brakes The model-year brakes record is documented; an individual car still requires vehicle-specific evidence before originality claims are made.
  • suspension The model-year suspension record is documented; an individual car still requires vehicle-specific evidence before originality claims are made.
  • option packages The revised factory brochure documents principal Mustang II and Cobra II option paths, but it defers exact prices, some combinations, and late availability to the dealer; an individual car still requires vehicle-specific evidence before originality claims are made.
  • production The model-year production record is documented; an individual car still requires vehicle-specific evidence before originality claims are made.
  • paint colors The model-year paint colors record is documented; an individual car still requires vehicle-specific evidence before originality claims are made.
  • trim and appearance The model-year trim and appearance record is documented; an individual car still requires vehicle-specific evidence before originality claims are made.
  • interior The model-year interior record is documented; an individual car still requires vehicle-specific evidence before originality claims are made.
  • authenticity markers The model-year authenticity markers record is documented; an individual car still requires vehicle-specific evidence before originality claims are made.

Codes & names

Names & Engine Codes

Common names and codes are grouped so LS6 references point to the same engine, not separate pages.

Disc and Drum Brakes reference for the 1976 Ford Mustang II Cobra IIClassic Muscle · Reference illustration
1976 Mustang II 2.3 1976 Ford Mustang II 2.3L Lima four-cylinder
1976 Ford 140 two-barrel 1976 Ford Mustang II 2.3L Lima four-cylinder

Photo and video gallery

Gallery

4 photos and videos

Sources & Documentation

Reader contributions

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