Black 1977 Mustang II with Cobra II package, owned by Mike Baker, from Elgin, Illinois. He just purchased it off eBay! It has a 302ci V8 engine and an automatic transmission. Like in 1976, the 1977 Cobra came in white with blue stripes, blue with white stripes, or black with gold stripes. New in 1977 the Cobra could come with white with red stripes and white with green stripes. This is an early 1977 Cobra where the lettering is low on the door, later in the year they were higher up. Cobras came with vertical-style quarter-window louvers, rear-window horizontal louvers, sport mirrors, facing hood scoop and rear spoiler.