Thread: resale values
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Old 08-26-2008, 06:22 PM
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Quote:
Originally Posted by Got the Bug View Post
Agree. If you buy new, you've got to expect a certain amount of depreciation. It's hard to imagine a scenario where any post 60's built Cobra could possibly become more valuable or sought after over time.
Generally, that is true. However, there was a line of GT40 replicas made years ago (I just can't come up with the name now) which are worth significantly more today than they cost at that time. In fact, they probably cost more than the current Ford GT.

That said, if you are patient and buy smartly, I think you can do OK with a higher end car...Shelby or Kirkham. I do believe that current market value is above what I have in my own car. But if all I wanted to was make money...I'd have bought a Ferrari TR, or any number of other collectable vehhicles. Now, if Kirkham were to stop building Cobras....
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