The 1994 Ford Mustang SVT Cobra is part of the iconic car's fourth generation. This rear-wheel drive beauty comes with a 5-speed manual transmission and is powered by an impressive 5.0-liter V8 engine, which pumps out 240 horsepower. Notable features of the '94 Cobra include disc brakes, special 17-inch alloy wheels, a distinctive spoiler and foglights, and Cobra emblems decorating the fenders and rear. Inside, it has leather upholstery, a premium sound system, power windows and locks, and air conditioning. This specific model year marked the 30th anniversary of Mustang, so Ford presented a limited-edition, 250 horsepower version known as the 'Cobra R', of which only 250 units were built.