Hillbanks Pricing

[eschaider]

While not the manufacturer the relationship between Hillbank / Superformance / Hi-Tech Automotive is obviously quite close. Manufacturers, front line retailers and market acceptance literally set the price for new vehicle purchases. We watch Detroit do this dance every year. Remember (if you are old enough) when you could buy Mustangs with 271 HP 289's for mid $3K pricing, usually less. Check out the price tag on a GT500 today.

It has been a relatively long time since a significant price increase has occurred in the Cobra replica community. There have been several individual manufacturers (like SPF) that have increased price. Whether you are looking at a kit or a roller I suspect replica prices are about to increase and probably will continue to do so for a while, testing new market highs.

Don't forget the originals were mid to low $6K prices with an engine. Who would have forecasted replica rollers would go for high $40's low $50's only 40 years later. Add basically another ten years, the impact of inflation, mystique of the car and availability of interested buyers who see value at the higher price. They all combine to raise the ante at the poker table.

If you are a current owner, as they say, a rising tide lifts all ships. If you are an interested potential buyer it means it is better to buy sooner than later — at least in terms of the hit to your wallet, the additional seat time and corresponding enjoyment you can have driving the car.

We are watching a relatively normal step up in the value for a replica of an automotive classic. Remember when you used to be able to build one of these cars for 50₵ on the dollar compared to today. Hell of a deal relatively speaking. They will only cost more going forward in time. If you currently have one of these cars this sort of price increase translates across to currently owned vehicles like yours, so there is some good news for present owners also — at least until you go to replace your current ride.


Ed