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Old 07-31-2014, 04:56 AM
bill37341 bill37341 is offline
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Join Date: Feb 2012
Location: Harrison, TN
Cobra Make, Engine: Scratch-built 427 MR
Posts: 58
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Default Wrecked Backdraft Cobra & GT 40 on iaai.com

Anybody notice the wrecked Cobra & GT 40 at iaai.com? This is the website for a company for insurance co's to liquidate their cars. Similar to Copart.com. Neither car is ready to sell yet & sometimes it takes months. I have saved the cars to see what they sell for. You must listen to the auction, because they only show the selling price for a few minutes after the auction. The Cobra is item # 13454382 and is in Houston. The insurance co paid off $40,700. The GT 40 is in Las Vegas and is item # 13275814. It is missing the front end. Seems the owner was paid $92,500. It's hard to tell what they will bring, but a VERY rough guess will be half of retail. Both should have a salvage title. I don't know if these states will let the public bid, or not. A dealer may be required. Typical lot fees are about $575, at least in Ga, where public can bid. I will post the selling price if anyone is interested. Bill.
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