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04-18-2011, 03:53 PM
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CC Member
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Join Date: Dec 2006
Cobra Make, Engine: CSX 4000; Shelby aluminum FE with 58mm IDAs
Posts: 1,116
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Not Ranked
Quote:
Originally Posted by RodKnock
Third, as a buyer of a brand new home in a neighborhood of $250,000 homes, in general, you would not want to spend $500,000 on improvements, including a $100,000 home theater system, since the next buyer of this home will probably not pay $750,000, when homes in the neighborhood are still selling for about $250,000.
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Rod, in your comparison is the $100,000 home theater system in the $250,000 house analogous to the $7,500 snake skin covers on the SPF!?    |
04-18-2011, 04:12 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,592
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Not Ranked
Quote:
Originally Posted by Stentor
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No, not really, because I can see value in an overpriced, but top-of-the-line home theater system.  
I can teach those Cobra owners with their loud sidepipes who wake me up early on Saturday mornings, trying to get to their Cobra breakfast, by blasting some action film (with lots of explosions) in my home theater the night before.
Disclosure: Any resemblance, in my analogy presented above, to a Club Cobra member's over-priced home that is currently on the market, is unintentional. |
04-18-2011, 04:39 PM
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CC Member
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Join Date: Aug 2009
Location: Adelaide,
SA
Cobra Make, Engine: AP 289FIA 'English' spec.
Posts: 13,152
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Not Ranked
Quote:
Originally Posted by Stentor
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What I want to know is were any snakes hurt or disadvantaged in the making of those covers? 
Seriously though, it doesn't matter whether there's $80k or $110k in it, if circumstances meant that you had to unload it, how much could you realistically expect to get for it? That's the true value.
And there's not likely to be a large lineup of serious buyers for this one, so please take it slowly and get to know the market.
Cheers,
Glen |
04-18-2011, 05:41 PM
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CC Member
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Join Date: Nov 2010
Location: Albuquerque, N.M.,
NM
Cobra Make, Engine: 2007 BDR FR Boss 302
Posts: 210
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Not Ranked
There was a SPF for sale on this forum dated 11/1/2010. Seller extrememachine. Same motor with the same valve covers and air cleaners. vehicle has 900 miles on it. Asking $68,500 and appears not sold yet. You may want to look at that vehicle and contact the owner as he may have dropped the price by now if it isn't sold. In any event, this will give you a good comp to compare your other cobra to in order to see if the price is realistic.
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