01-11-2011, 08:30 AM
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Senior Club Cobra Member
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Join Date: Nov 1999
Location: Folsom,
CA
Cobra Make, Engine: ERA 623, 427 S/C Cobra. Ford FE 428 Cobra Jet, Ford Nascar TL 4speed - with a touch of raw; "less is more" theme
Posts: 3,887
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Not Ranked
Quote:
Originally Posted by DanEC
I don't think this is so mysterious - just routine Auto business economics. Ford is still selling a lot of brand new Mustang GTs for $40,000 although I just bought my 2008 Mustang GT with 21,000 miles for less than half that. If people weren't willing to pay a premium to buy new ones then at some point I wouldn't be able to get a good deal on a slightly used one.
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From a pure cost and availability standpoint, IMO comparing high-volume production vehicles to limited production hand made replicas are two completely different scenarios. For example, if someone wanted to find a solid black ERA big block with an original 427 in it, and all the right bits, they might have to pay the price to get it vs. easily finding a used 2008 Black Ford GT Mustangs on cars.com or new at many lots across the US. I bet you'd find 100x the Mustangs available as compared to the solid Black ERA 427 SC Cobra, don't ya think? i.e. routine auto business economics (supply vs. demand). 
__________________
Duane
Western States Cobra Group 1998-2016.
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