Quote:
Ernie,
I'm kinda glad for that ain't you?
|
In reference to the homongenation of the replica industry.
Well, it's a tough question with no easy answer. If I based my opinion solely on investment/income potential from a replica owner/salesman approach, the answer is NO, it hasn't helped ME. Therefore, I want the exclusivity back, less Cobras at a higher price selling to a more exclusive market. I cannot hope to buy and sell a used Cobra and make any money on it (as I have in the past). You know how many guy have posted here over the years about buying their Cobra as an "investment". And you know how many times ALL of us said, "Don't do that." It was always and remains solid advice. Buy a Cobra because that is your dream car, for personal enjoyment, it is NOT an "investment".
Well, actually, it used to be, or at least, they would retain a significant percentage of their value compared to most other cars. Now, it's virtually gaurenteed the most folks are going to take a bath on re-sale. Due in large part to two things:
1. Changing standards of what makes an acceptable Cobra (anything goes now days).
2. Flooded market, more and more cars offered at ever decreasing cost.
I've got mine! Got it the way I want it (a real FE with IRS and an accurate body/shape/look). I have no plans to sell it, part of that reasoning is because I don't want to take a bath on it!
But really, mostly it's because it took me a long time to figure out how to GET IT in the first place at a price I personally found reasonable. Now that I'm retired I'm totally out of the game, I won't be buying another one. I'll rebuild this one as much and as often as I need to. I have no interest, personally, in a "modernized" Cobra, but if that's what folks want, I'm OK with it.
So the answer is: Uh, maybe, heck I don't know, I guess it's good, I think...