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9Likes

01-04-2020, 12:31 PM
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CC Member
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Join Date: Aug 2012
Location: warrington,
pa
Cobra Make, Engine:
Posts: 76
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Not Ranked
your right about the current owner, he bought this project from an elderly neighbor who was trying to do it and failed. the current owner is mechanically inclined and has built several restored vintage pickup trucks and figured he could finish the cobra for a weekend car. less then a year into the cobra project he fell into a deal on a completed FF MKIV cobra with 8ooo miles on it for $25K (beautiful car!). the owner had bad health issues and thought the engine went, turned out to be ignition related, and did not want to mess with it. Now the current owner has no need for a project cobra and wants to off it.
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01-04-2020, 01:06 PM
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CC Member
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Join Date: Feb 2000
Location: San Antonio,
TX
Cobra Make, Engine: Former owner: JCF 289 slabside, ERA #329 and 424, GTD "Essex Wire" GT40; currently enjoying Hi-Tech 427 #147
Posts: 1,822
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Not Ranked
My advice is to go with your gut. You’re the only one who has seen the car and it certainly sounds like you’ve got the mechanical aptitude to assess how realistic the expectation of finishing it is. Similarly you’re the only one who knows you, and whether you have the fortitude to stick to it and get creative when you encounter roadblocks. The upside is that there are so many Cobra kits that no matter what issue you encounter you’re likely to find a solution. When I bought my Lister it was a body on frame with partial suspension and a radiator mounted. That was it. No electrical system, no real cooling system, no braking system other than rotors and calipers, no drivetrain. And no manual. It took me two years before I did anything much besides going out to the shop and staring at it, then about three more of late nights and weekends (and help from a talented friend) before it moved under its own power. But I can tell you that moment was incredibly gratifying, as have the several thousand (mostly) trouble-free miles I’ve enjoyed driving it and competing in it since then.
I bought a very basic Cobra kit from ERA in 1994. It was what I could afford at the time. Other than messing around with a little bodywork, it sat untouched for four years. One day while surfing the Club Cobra for sale forum I came across a guy with a finished ERA who wanted to build another one. One phone call later and I was trailering mine to meet him in Virginia and trade my kit plus some cash for ERA 329. I owned and loved that car for about 6 years before I came across a gorgeous slabside replica. I sold the ERA and added a little cash to get the slabside. So, in a way, even though I never did diddly squat on that first kit I had, it ended up being kind of a savings account as well as a springboard to a running, driving Cobra, which led to another, which led to...
The point of my rambling, I guess, is that as long as you’re not using the mortgage money or robbing your kid’s college fund, if your gut tells you to buy this car and make a run at it, do it. Life’s too short and, as Robert Duval’s character says in “Lonesome Dove”, “It ain’t about dying, it’s about living.”
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01-04-2020, 10:39 PM
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CC Member
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Join Date: May 2006
Location: St. Louisville,
Oh
Cobra Make, Engine: A&C 67 427 cobra SB
Posts: 2,445
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Not Ranked
You have been warned on what a disaster this company was. It is my opinion you could easily buy a nice completed FFR or other Cobra for less than you will spend on this one, by the time you finish it. That doesn't count all the frustrating hours of your time you will spend on this car. I have no doubt you are looking at spending $50K in your labor alone. You may not think your time matters, but trust me when the end grows near you will value your time much differently.
If you still insist going down this path.....
Add up the value of the parts for the car and offer that. The car is worth nothing. Don't be afraid to hurt the present owners feelings. He should be glad someone looked at it and ashamed he asked so much.
Last edited by olddog; 01-04-2020 at 10:41 PM..
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01-05-2020, 09:23 AM
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CC Member
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Join Date: Aug 2012
Location: warrington,
pa
Cobra Make, Engine:
Posts: 76
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Not Ranked
Quote:
Originally Posted by olddog
You have been warned on what a disaster this company was. It is my opinion you could easily buy a nice completed FFR or other Cobra for less than you will spend on this one, by the time you finish it. That doesn't count all the frustrating hours of your time you will spend on this car. I have no doubt you are looking at spending $50K in your labor alone. You may not think your time matters, but trust me when the end grows near you will value your time much differently.
If you still insist going down this path.....
Add up the value of the parts for the car and offer that. The car is worth nothing. Don't be afraid to hurt the present owners feelings. He should be glad someone looked at it and ashamed he asked so much.
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I don't know if this company was a disaster (Legendary) as they were before CMC/Street Beast bought them if the story is correct, no one has any info on them? Time I would spend on this car or any kit, frustrating I don't think so, there's not much to it. I guess that just because I've built so many cars over the last 30 years. I don't like the FF because I don't sit comfortably in them,they are tight in the leg & foot area. this one happens to have a narrower tunnel and deeper/longer foot box's. I'm going to take all the advise on here and ad up the parts and that would be my offer, insulting or not. I'm actually leaning towards a shell valley roller kit at this point anyway.
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01-05-2020, 01:30 PM
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CC Member/Contributor
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Join Date: Feb 2000
Location: Greenville,
SC
Cobra Make, Engine: 70 Shelby convertible, ERA-289 FIA, ERA 289 roadster hybrid, mystery Ford powered 2dr convertible
Posts: 12,786
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Not Ranked
Quote:
Originally Posted by the shadow
I don't know if this company was a disaster (Legendary) as no one has any info on them?
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I did an edit for clarity here. Ask yourself the following questions before you spend your hard earned money.
If it was such a well put together kit, why is there very little information on the car and the company?
If it was such a great deal, why has it not sold yet?
I'll leave it at that.
Bill
__________________
Instead of being part of the problem, be part of a successful solution.
First time Cobra buyers-READ THIS
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01-06-2020, 07:32 AM
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CC Member
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Join Date: Feb 2000
Location: St. Lucia, West Indies,
WI
Cobra Make, Engine: Unique 427SC 383 stroker
Posts: 3,787
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Not Ranked

Legendary Autos, Inc. operated out of Longwood, Florida from 1989 into the early '90's. Molds and jigs were reportedly bought by a company called Yesterday's Automotive - not sure if they ever went into actual production after the buyout. They had NO relationship to CMC/ Fiberfab/Street Beasts.
There is a member here named Az Cobra Mike who was active up to a couple of years ago and he owned a Legendary Cobra that he seemed very happy with. last I saw, he had it wrapped in matte black vinyl with blue stripes. Try reaching out to him via private message - he may be able to supply you with additional info.
Heres a link to a pic of him with his car after the wrap.
Temporary paint
Edit - Sorry about the huge pic!  Replaced it with a much smaller version I found on the net. It is supposedly a publicity shot/poster using an older Legendary Autos Cobra
__________________
Tropical Buzz
Grant me the serenity to accept the things I cannot change, the strength to change the things I can, and the wisdom to know the difference. -(wasn't me)
BEWARE OF THE DOGma!! Dogmatism bites...
Last edited by Buzz; 01-06-2020 at 09:28 AM..
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01-06-2020, 06:50 PM
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CC Member
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Join Date: Aug 2012
Location: warrington,
pa
Cobra Make, Engine:
Posts: 76
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Not Ranked
well i added up the stuff he has based on prices of similar items on the internet and got $19768.00. then I deducted money on items like the body and frame and other sub par parts since they are not "new" or state of the art like todays offerings and the total came to $14678.00. I think that's what he did, found a cobra kit web site and priced it all out.
I think this kit is actually worth buying after seeing it but I am not going to buy it, he wants to much plus the interior kit + carpet has been boxed since the 90's so god only knows if thats intact or if replacements from other companies would fit?
I appreciate all the info and advice, I told my wife if I'm gonna spend that kind of money its gonna be on a brand new kit from a reputable company that's still in business.
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01-31-2020, 07:03 AM
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CC Member
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Join Date: May 2019
Location: Florence,
NJ
Cobra Make, Engine: 1966, Roadster, 351-400 HP
Posts: 10
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Not Ranked
Not a Street Beast. I have a 66 SB and that rack and door hinges are different. I would like to know what this myself. I hate the door hinges on my SB. Worst design ever. No wonder these guys are not in business today. A lot of good in the build but I am assuming like others, they had their issues.
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02-01-2020, 03:40 PM
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CC Member
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Join Date: Jan 2019
Location: Houston,
Tx
Cobra Make, Engine: UCC GT 427
Posts: 206
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Not Ranked
Smart decision, move on.
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