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Or on the flip side you could buy an older Cobra and restore it. The emissions rules have been slowly getting more restrictive. A lot of older Cobra's were built during a period where emissions were less restrictive even to the point of carby engines. Even if the 2nd Cobra doesn't have the engine you desire, you can swap to any other engine of the same emission level. This is certainly the easiest way to build a big block Cobra and the only way in VIC.
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This is very true. I am doing exactly that with a 1991 Westfield I bought.
It was registered with a 2ltr Escort motor and went over the pits back then with a side draught 45mm DCOE weber....try doing that now.....I have pulled the Escort motor and fitted a turbo charged 4g63B motor with Motec M4 ECU.
I have retained the required Emissions at time of rego which was a Charcoal cannister.
So I guess I'm fully legal Officer.....