[G.R.]

Ernie said it best state what it is a "Superformance" , it is a "factory built car" by a builder that has an extensive dealer network. Be honest with your banker and your insurance agent and your DMV--or you may regret it in the future if something happens God forbid.

If you have to finance seriously look into a 2nd on your home or home credit equity loan that is tax deductible so that the finance charges are tax deductible.

For insurance purposes American Collectible or American Hobbyist will insure Cobras, State Farm will no longer insure Cobras in some states nor will Allstate. Some of the big carriers SF, AS, Pemko, Geico etc., a lot of the ability to get coverage is agent based for sure, if the agent doesn't "know" cars other than what's in the "book" your chances are sometimes slim on getting coverage.
I insured my old SPF thru my Allstate agent(been with the company for over 25yrs for all insurance needs, business, home, health life, and auto) by explaining to him that "No it was not a Mustang, it was like a streetrod with a '65 Cobra roadster body instead of a '32 Ford roadster body, that it was a factory custom build", the light bulb went on in his head, "streetrod" he understood, he'd insured some streetrods, also I showed him some pictures of a Cobra. That helped in my situation with my agent.
Don't get discouraged check each and every finance and insurance option you can find, you will be amazed to find out that there are lots of options for both at very reasonable rates.
Good luck