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fltsfshr 01-08-2012 07:44 AM

Newb with pricing question
 
Hi I'm new to the forum but old to sports cars. I'm looking at a Superformance Mark III from Gulfcoast Motorworks.

Here's the spec sheet as copied from Gulf Coast's website.

1965 Shelby MKIII 427 SPF 230 miles

The Superformance MKIII is the only Cobra replica built under license from Carroll Shelby Licensing Inc.

This vehicle has been built to the highest quality & performance standards with the likes of Roush, Tremec, Clay Cook, and Superformance. A show quality vehicle any collector would be proud to own.

Titled as a 1965 and built in 2010 with only 228 miles.

OVER $100,000 INVESTED


Roush options: 427IR MKIII ,Complete performance long block assembly with Roush polished aluminum cylinder heads, forged crankshaft, forged pistons, roller cam with roller rockers. Roush performance engine control system with polished Roush "8-stack" air induction system. Polished anodized Clay Cook Domes/air filters, Custom painted engine block (matched to car color) Aluminum flywheel upgrade, Clutch/pressure plate/flywheel/shift fork upgrade,Tremec TKO 600 / 5-speed.


$94,500.00

I'd like anyone's opinion on the car, the setup and the price. I haven't dealt with a "build dealer" before and I have no idea what kind of margins they carry. I want to make a fair offer but I hate over paying for things. My intent is a weekend toy and show car.

My track car is a modified S2000. 479rwhp and no torque :3DSMILE:

Thanks

fltsfshr

olddog 01-08-2012 08:07 AM

First, I would bet that Roush 427 is a Windsor based block, not an FE like the original cars had. I'm not sure it matters to you, but I wanted you to think about it.

Second a SPF is a very nice car, but a glass body car.

Personally, at that price range, I would buy a Kirkham, with an FE engine.

GP1482 01-08-2012 08:15 AM

fltsfshr...
 
You can PM me directly if you are interested. I am the Sales Manager for Hillbank Motorsports/Superformance...I was the one that originally sold this vehicle...I am extremely familiar with it...

The advertisement doesn't even do this car justice...this SPF literally has every bell and whistle that we offer...there are some options that for some reason they did not post in their ad for this car...

To make a long story short...there is WELL over 100K invested in this car...not to mention, the instillation was done by one of this best, Dennis Olthoff

fltsfshr 01-08-2012 08:33 AM

Thanks

You have a PM. I appreciate it.

fltsfshr

Kramer 01-08-2012 10:10 AM

I'm sure it's a beautiful car....but I agree if u are going to spend that kind of money make u check out other options like kirkham, Shelby etc....I know a lot of cars with a lot of money invested in them but that doesn't mean the market should command that price.

mreid 01-08-2012 10:15 AM

X2. Doesn't matter how much was spent to build it, does matter how much someone is willing to pay. If you don't like overpaying, look elsewhere and for that money go aluminum.

DougD 01-08-2012 10:17 AM

I agree. While it may be a whale of a nice car, that kind of money is just crazy. Someone spent way too much for a Superformance. If I was going to spend that much $$$, I'd definitely narrow my choices to a Shelby or a Kirkham with a proper FE 427. I believe either would be a more desirable car, and have the potential to hold more of their value over time.

tcrist 01-08-2012 10:21 AM

fltsfshr,

There are a few things you need to think about.

1) It is a 2010 not a 1965. It does not matter what it is registered as.

2) It is used. Sure maybe it only has 230 miles but someone got rid of it for a reason. Could have nothing to do with the quality of the car, but it is something to think about.

3) Do a search on here on CC. Rouch engines have had a more than just few issues and the service from Roush has not been, let’s say, the fastest.

For that kind of money, if it were me, I would need not only to check it out in person but also to have a qualified mechanic (not associated with the seller) to go over it. Have the mechanic go over it while you are there, watching, so the seller cannot "influence" the mechanic.

If the seller has any issues with a mechanic checking out the car or tries to control your attention while this is being done, then walk away.

It also could be, and probably is, a great car.

Just a few things to think about.

Cashburn 01-08-2012 10:23 AM

This is feeding the price paranoia... Haha...

The reality is that someone wanted that exact car, finished out that exact way. It would have cost them higher no matter what to build it off another manuf. roller because the base is higher... Apples to donuts.

jhv48 01-08-2012 10:27 AM

I concur also.

If this was the exact car you would be building anyway and you must have it right now, then the price differential is worth exploring. I think the engine alone is around $25K from Roush.

However, if you are just looking to enter the Cobra market it is an extremely top end SPF. Most high end SPF's are in the sub $90k range even with the price increase. If you buy it, don't even think about the immediate depreciation. Just show it off and enjoy it.

If it were me, I would let it sit for a few more months and then make them an offer in the mid $70's.

Mark IV 01-08-2012 10:56 AM

Quote:

Originally Posted by Cashburn (Post 1169536)
This is feeding the price paranoia... Haha...

The reality is that someone wanted that exact car, finished out that exact way. It would have cost them higher no matter what to build it off another manuf. roller because the base is higher... Apples to donuts.

Jay, agreed.

This is a special build and the price reflects it. Regardless of being an SPF or a Kirkham, BDR, FFR, whatever, when that level of engine and options are built, it costs.

Remember, a good deal is just that, a good deal to YOU! My opinion does not matter 'cause I'm not stroking the check! If the car hits your hot buttons and you can buy it for a figure that works for you, that was "a good deal!"

WardL 01-08-2012 11:42 AM

fitsfshr, I went to the site and looked at the Cobra. It is indeed a beautiful, well equipped ride! The wheels, chrome pipes and Roush Fuel Injection are definitely unique on this baby. I did notice the SPF rollers they offer are about $10k higher than list price. The SPF # is not shown. I don't know if it matters, but would expect it to be above 3000. Oh, the fact it has an engine already installed, doesn't that mean it can't be a new vehicle? I'm guessing the Cobra has already been registered by the original owner and now it is being resold? Not sure of that. I would ask about that if it makes any difference. If you want a better price, suggest you shop around on 427 Cobra Country--Ford AC Cobra replica manufacturers SUPER-SITE. There are 6 SPFs for sale there for significantly less $. I think one mistake new Cobra buyers make is thinking this is the first AND LAST Cobra they will ever buy. That may be true, but I believe many realize after their first purchase it is the first of several Cobras they want to buy!

fordracing65 01-08-2012 12:40 PM

Seems quit high, you could build new for that price, just because there is over 100,000 in it does not make it worth it, believe me i'm selling an spf now, they are everywhere, loaded with all options for much much less.

mrmustang 01-08-2012 01:07 PM

Quote:

Originally Posted by fltsfshr (Post 1169496)
Hi I'm new to the forum but old to sports cars. I'm looking at a Superformance Mark III from Gulfcoast Motorworks.

Here's the spec sheet as copied from Gulf Coast's website.

1965 Shelby MKIII 427 SPF 230 miles

The Superformance MKIII is the only Cobra replica built under license from Carroll Shelby Licensing Inc.

This vehicle has been built to the highest quality & performance standards with the likes of Roush, Tremec, Clay Cook, and Superformance. A show quality vehicle any collector would be proud to own.

Titled as a 1965 and built in 2010 with only 228 miles.

OVER $100,000 INVESTED


Roush options: 427IR MKIII ,Complete performance long block assembly with Roush polished aluminum cylinder heads, forged crankshaft, forged pistons, roller cam with roller rockers. Roush performance engine control system with polished Roush "8-stack" air induction system. Polished anodized Clay Cook Domes/air filters, Custom painted engine block (matched to car color) Aluminum flywheel upgrade, Clutch/pressure plate/flywheel/shift fork upgrade,Tremec TKO 600 / 5-speed.


$94,500.00

I'd like anyone's opinion on the car, the setup and the price. I haven't dealt with a "build dealer" before and I have no idea what kind of margins they carry. I want to make a fair offer but I hate over paying for things. My intent is a weekend toy and show car.

My track car is a modified S2000. 479rwhp and no torque :3DSMILE:

Thanks

fltsfshr

If you are happy with the car, buy it. However, before you do, I'd do a little more research as to what you are buying instead of getting caught up in the "Shiny Bauble" side of the sale. By that I mean you like the pictures, and you like the type of hype described in the ad, but you really arte not 100% sure of what you are looking at. I won't sway you to this car or that, or this car or that as far as manufacturers go as there are too many others here (proffesionals sales people and not so professional sales people) who will do that all by themselves. Again, all I'm saying to you as one enthusiast to another is to do a lot more homework as to what you are buying in the current marketplace. Come back, ask questions, expect varied responses, but do not let yourself be talked into a sale without doing your do intelligence first.

Wish you the best of luck as sometimes the hunt is half the fun.

Bill S.

PS: If you are located in California or in Connecticut or Massachusetts expect to have to retitle the car using each one of those states specific kit car title process. That or risk losing the car when they find it is not a 1965 anything........

RodKnock 01-08-2012 01:09 PM

Quote:

Originally Posted by GP1482 (Post 1169507)
To make a long story short...there is WELL over 100K invested in this car...not to mention, the instillation was done by one of this best, Dennis Olthoff

While I think the price is high, not based upon total cost, but current market value, the OP should realize that Dennis Olthoff is one of, if not the, best install companies/shops that one can hire in this country.

The install and final delivery of the referenced car is likely near perfection.

vatdevil 01-08-2012 01:10 PM

For that money, why not build a brand new SPF exactly they way you want?

kayakjack 01-08-2012 01:21 PM

Quote:

Originally Posted by RodKnock (Post 1169575)
While I think the price is high, not based upon total cost, but current market value, the OP should realize that Dennis Olthoff is one of, if not the, best install companies/shops that one can hire in this country.

The install and final delivery of the referenced car is likely near perfection.

+1

Olthoff did the motor and trans install in my Superformance. It is bulletproof.

Jack

mrmustang 01-08-2012 01:24 PM

Quote:

Originally Posted by vatdevil (Post 1169576)
For that money, why not build a brand new SPF exactly they way you want?

I was going to post that, but thought better of it :LOL:

Grubby 01-08-2012 01:36 PM

Too much for SPF.

Stentor 01-08-2012 01:45 PM

Quote:

Originally Posted by RodKnock (Post 1169575)
While I think the price is high, not based upon total cost, but current market value, the OP should realize that Dennis Olthoff is one of, if not the, best install companies/shops that one can hire in this country.

The install and final delivery of the referenced car is likely near perfection.

I agree with Rod--I've generally had good luck with the work that Olthoff has done for me.

Mrmustang provided good advice. It's an SPF with a lot of high-end options. Do some diligence to determine what's most important in a Cobra for you, which manufacturers are best for you, and the options that you want. Once you do this, if you still like the aforementioned SPF, then determine a fair price and make an offer.

Good luck.


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