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Kirkham Motorsports

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  #21 (permalink)  
Old 07-11-2020, 06:46 AM
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Definitely hire someone to inspect it if you really want to bid. Listen to the experts here and heed their advice IMHO.

Traveling to many places right now sucks and logistics can be different by country, State, county or city. We are in the market to buy a house but can’t travel to places we want to look due to 14 day quarantines. I understand the reasons for them and have no issues with them in place, just makes certain things really tough right now.
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  #22 (permalink)  
Old 07-11-2020, 10:29 AM
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the car would be titled in draper utah which conveniently enough is about 20 miles from Kirkham motors. i guess the risk/reward would depend on the out lay at the auction. everything perfect this is about a 130-150k car. if auction price is 100-115k there's room for tuning in there. if motor or tranny is not what is represented then i'm pooched.
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  #23 (permalink)  
Old 07-11-2020, 10:47 AM
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This car could be a good deal at the lower end of the price range. There's simply too many unknowns. The fact that it is undriven is scary. Sure, I can imagine someone thinking this is a collector item and just parking it to look at it. But the history of the builder seems to be hit and miss, so you could be getting into a hornets nest.

I'd call it a crap shoot rather than a smokin' deal good thing.
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  #24 (permalink)  
Old 07-11-2020, 12:19 PM
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it definitely is a crap shoot. i would like to find out who the owner is, not to circumvent mecums but just to get the history. i was actually looking for an ACR Extreme and then this thing popped up. cobra has always been on my wish list, but they all have such individual builds with little continuity they are always a complicated process to buy. i in no way view these as investment cars BTW
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  #25 (permalink)  
Old 07-11-2020, 01:11 PM
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Originally Posted by steveguess View Post
it definitely is a crap shoot. i would like to find out who the owner is, not to circumvent mecums but just to get the history. i was actually looking for an ACR Extreme and then this thing popped up. cobra has always been on my wish list, but they all have such individual builds with little continuity they are always a complicated process to buy. i in no way view these as investment cars BTW
The "investment" status of even the originals is questionable. Their values have plateaued. If you spend $1M on an original, you're not going to compound your investment to 2M in 7 years (or whatever the rule of 78s says). You're better off investing in the stock market.

The same is true of replicas - they are not investments. However, the reality is that some hold their value against current products. Shelby CSX, Kirkham and to some degree, properly built Superformances while they don't appreciate, do hold their value. They'll never be more valuable than a new one but you can buy it, drive it for 5 years and sell it for the same value. That's only happened to me with three vehicles: The Cobra (which I sold for a wash), the Ford GT (in essence a wash), and believe it or not, a 1995 Case 1845C which i used for 10 years and sold for the same as I bought it.
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  #26 (permalink)  
Old 07-11-2020, 02:20 PM
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agreed, nothing that wasn't limited production will increase in value. cars, no cars are a good financial investment. buy them for fun and expect to take a bath. for me i usually don't sell i just expand the garage.
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  #27 (permalink)  
Old 07-11-2020, 03:18 PM
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I know for a fact if that roller is straight (not wrecked) its worth $100k, if you can get that car for at or less than $110k I would buy it. Every one here is right about the motor being the wild card, but looking at the photos the car looks pretty good to me (except the drivers side exhaust pipe is going up hill). If you can get that car for $110k and the motor is in good shape than you got a great deal. If the motor is shot then maybe you paid $10k too much, but you need to remember the cost of the transmission, clutch, drive shaft, bell housing... etc. is around $4k maybe more if you include installation. The shelby signature alone is priceless, lets not forget that!! My car is CSX 6079 and carroll did not sign mine because this is just when he was getting sick around end of 2011. Worst case you will need to pull the motor and re-build it, maybe... another thing that bothers me is there is no photos of the under side oft the car. To some up if you can get that car for at or less than $110k do it. I would. but its a gamble...good luck.
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  #28 (permalink)  
Old 07-11-2020, 03:20 PM
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Quote:
Originally Posted by twobjshelbys View Post
The "investment" status of even the originals is questionable. Their values have plateaued. If you spend $1M on an original, you're not going to compound your investment to 2M in 7 years (or whatever the rule of 78s says). You're better off investing in the stock market.

The same is true of replicas - they are not investments. However, the reality is that some hold their value against current products. Shelby CSX, Kirkham and to some degree, properly built Superformances while they don't appreciate, do hold their value. They'll never be more valuable than a new one but you can buy it, drive it for 5 years and sell it for the same value. That's only happened to me with three vehicles: The Cobra (which I sold for a wash), the Ford GT (in essence a wash), and believe it or not, a 1995 Case 1845C which i used for 10 years and sold for the same as I bought it.
agreed but dont forget about ERA, I owned 626 for 17 years and almost broke even when I sold it...probably could have but I sold it to a friend.
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  #29 (permalink)  
Old 07-11-2020, 03:34 PM
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Originally Posted by ERA 626 View Post
The shelby signature alone is priceless, lets not forget that!! My car is CSX 6079 and Carroll did not sign mine because this is just when he was getting sick around end of 2011.
I'd sell you mine, but I don't think it would go as well.

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  #30 (permalink)  
Old 07-11-2020, 04:22 PM
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I'm not as enamored with ERA as some of you are.
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  #31 (permalink)  
Old 07-11-2020, 04:34 PM
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Also included with the car are engine assembly photos and dyno sheets. i agree that lack of underside photos is not good, but with the interior and exterior being in the shape it is in one would have to assume the car has been garaged and covered the entire time. not knowing the history and not knowing WHY the single owner has never driven this car is driving me crazy. the engine bay looks complete i can see nothing missing, obviously that doesn't tell me if there are even pistons in the block or not. a mecum rep which i will be bidding over the phone with is supposed to call the day of the auction in advance and will do a walk around and start up with me on the phone. i am thinking if it runs then there can only be relatively small fixable things wrong with it. the nice thing about carbs vs FI is they are cheap to fix or replace. again i am not looking at this as an investment and i am not worried about resale. i am wanting a really cool car by cobra owners standards that doesn't end up being another 40k beyond buying. there is an additional 12.5% commission paid to mecums on the sale price.
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  #32 (permalink)  
Old 07-11-2020, 04:41 PM
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i would also like to thank all of you for taking the time to respond to this thread. it speaks volumes as to the support and comradery around cobra owners.
thank you
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  #33 (permalink)  
Old 07-11-2020, 04:57 PM
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sorry one more question, top loader vs tremec. most of these cars for sale are 5sp. i know the top loader for originality but driveability?
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  #34 (permalink)  
Old 07-11-2020, 05:00 PM
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Alright, life is short. Cut 'em a check, throw some salt over your shoulder and cross your fingers. If something's sour on it then you can fix it. Fixing these cars is half the fun... usually,
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  #35 (permalink)  
Old 07-11-2020, 06:38 PM
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Quote:
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sorry one more question, top loader vs tremec. most of these cars for sale are 5sp. i know the top loader for originality but driveability?
depends on the gearing...
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  #36 (permalink)  
Old 07-11-2020, 06:47 PM
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"i would like to find out who the owner is"

Brando Eaton?
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  #37 (permalink)  
Old 07-12-2020, 02:33 AM
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Quote:
Originally Posted by steveguess View Post
.... i know the top loader for originality but driveability?
I have a Toploader (rebuilt to "new condition" by David Kee's agent) which will go into my car in a few weeks time. Toploaders are immensely strong, with a great shift action "feel". Like most good gearboxes, if it has the correct gear oil and if the shifter is set up correctly, you won't be disappointed.
Being a four speed (with 1:1 top gear), you won't want too short a final drive ratio if you do a lot of highway driving.

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  #38 (permalink)  
Old 07-12-2020, 07:50 AM
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i believe the rear end is 3.3. i have a 70 challenger with a 4sp and highway has never been an issue, possibly because it has a 10 gallon tank and gets 6 miles to the gallon so i'm never actually on the highway for very long.
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  #39 (permalink)  
Old 07-12-2020, 08:16 AM
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Quote:
Originally Posted by steveguess View Post
i was actually looking for an ACR Extreme and then this thing popped up. cobra has always been on my wish list, but they all have such individual builds with little continuity they are always a complicated process to buy. i in no way view these as investment cars BTW
Well, I've owned several vipers (older ones), and they are fantastic cars. Some were more civilized than others. You really need to own both, a cobra and a viper !!

From my understanding, most CSX's came with 3.54 rear gears, although you could have custom gears ordered. Whether it's a toploader, or a tremec, you will be OK. Toploader is fine for driving, with the 3.54's, unless you are planning on using it as your everyday work vehicle, driving 30,000 miles year, traveling. It will be the same as your challenger.
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  #40 (permalink)  
Old 07-12-2020, 08:55 AM
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i was or still am looking for an ACR extreme when this cobra came up. if after the 18th this cobra doesn't happen it's back to the viper search for me.
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