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There are kits sold to do this yourself
Byroncobra The dirt track guys have a setup tool for doing this to your car. About 2 years ago the Kit Car mag did a complete bumpsteer fix on a GT-40. This will also apply to a cobra or any Mustang with a rack and pinion setup. You change the outter tierod ends to longer stud and add spacers. It will take some work but when done the handling will improve alot when turning. Dean Lampe is in the article for this. Long acre sells the board kits for the measurements. Sears sells a digital angle reader for the control arms. Yopu will need a bottle jack and remove the shock and spring. You are going to measure the car flat and then up 2" and down 2" from center. You will add shims and retest. Looking to get close to "0" as possible. Goggle Bumpsteer and there should be some articles on how to do. Good luck Rick L.
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