Base Vehicle: Max Steel Speed Boat
Found this on sale at KB's. It was kind of akward to see the figure seat in the rear. But was just the right size for Joe figs. I used an exacto knife to cut out the cockpit and added a seat in the cockpit for a driver.
Even though you can not see it in these photographs, there is an launch bay for small watercraft at the aft section of the boat. It holds about two boats.
I couldn't find the right Cobra Blue so I went for metallic blue which looks good on a regular but stands out a bit as a Cobra asset.
I have a couple more pics of this on my site to which you can find the link in my profile.