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 4Likes
05-31-2013, 06:03 AM
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CC Member
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Join Date: Jun 2005
Cobra Make, Engine:
Posts: 3,077
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Not Ranked
You have just found the beauty and magic of Superformances!!!!!! The car for all practical purposes never changes, a 10 year old one looks identicle to a new one. Its not like one has anit-lock brakes, navigation etc. Same for Backdraft. Buy a Superformance and keep for 5 years and you will sell for a profit. Dont aske me how I know, LOL. The car does not change but the price increases every 12-18 months, before long a new one is 15-20K more than what you paid for one new.
I have made money on very new cobra I bought and driven it for years. This includes backdraft and superformance. Other builds do not enjoy this same return on investmnt because there are to many variables in the build. Superformance is like Rolex it is perceived to be the "best" by the first time buyers (in my opinion it was the best i ever had but cost more than BDR which is the best at their price point).
Everyone wants a 427 be it big or small block, everyone loves Roush, no comment, so if you build to sell one day build what sells now and you will be a happy seller.
Guess what, there is no law saying you cant MAKE money on a car you sell. The best selling combination right now and for 2-3 years has been a superformance with a roush 427. .
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05-31-2013, 12:50 PM
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CC Member
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Join Date: Dec 2010
Location: Tempe,AZ-High Point,NC,
AZ
Cobra Make, Engine: Kirkham #684, 482FE, Mike Mccluskey build
Posts: 2,520
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Not Ranked
Quote:
Originally Posted by madmaxx
You have just found the beauty and magic of Superformances!!!!!! The car for all practical purposes never changes, a 10 year old one looks identicle to a new one. Its not like one has anit-lock brakes, navigation etc. Same for Backdraft. Buy a Superformance and keep for 5 years and you will sell for a profit. Dont aske me how I know, LOL. The car does not change but the price increases every 12-18 months, before long a new one is 15-20K more than what you paid for one new.
I have made money on very new cobra I bought and driven it for years. This includes backdraft and superformance. Other builds do not enjoy this same return on investmnt because there are to many variables in the build. Superformance is like Rolex it is perceived to be the "best" by the first time buyers (in my opinion it was the best i ever had but cost more than BDR which is the best at their price point).
Everyone wants a 427 be it big or small block, everyone loves Roush, no comment, so if you build to sell one day build what sells now and you will be a happy seller.
Guess what, there is no law saying you cant MAKE money on a car you sell. The best selling combination right now and for 2-3 years has been a superformance with a roush 427. .
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If your paying $60,000 for a roller and putting $20,000 in engine, trans, etc your at $80,000, not in your wildest dreams are you selling that SPF for a profit, unless the buyer is on drugs... 
__________________
PRIDEnJOY
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06-02-2013, 09:11 PM
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CC Member
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Join Date: Jun 2005
Cobra Make, Engine:
Posts: 3,077
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Not Ranked
Never in my mind would I pay 80k for a spf. If I touch it being a rolex, a cobra, a boat I make money. Everybody says I am lucky, wow I get lucky alot. I low ball the sheet out of everyone and have the four letter word, cash. Don't hate the player hate the game. I have never forced anyone to take my money. You either make good decisions or bad decisions all the time, not half good decisions and half bad decision I make good ones.
The first advice i give to my new engineers is do the opposite of everyone else 99% of the time and you will be right 100% of the time.
QUOTE=fordracing65;1246623]If your paying $60,000 for a roller and putting $20,000 in engine, trans, etc your at $80,000, not in your wildest dreams are you selling that SPF for a profit, unless the buyer is on drugs... [/quote] |
06-02-2013, 09:35 PM
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CC Member
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Join Date: Dec 2010
Location: Tempe,AZ-High Point,NC,
AZ
Cobra Make, Engine: Kirkham #684, 482FE, Mike Mccluskey build
Posts: 2,520
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Not Ranked
Quote:
Originally Posted by madmaxx
Never in my mind would I pay 80k for a spf. If I touch it being a rolex, a cobra, a boat I make money. Everybody says I am lucky, wow I get lucky alot. I low ball the sheet out of everyone and have the four letter word, cash. Don't hate the player hate the game. I have never forced anyone to take my money. You either make good decisions or bad decisions all the time, not half good decisions and half bad decision I make good ones.
The first advice i give to my new engineers is do the opposite of everyone else 99% of the time and you will be right 100% of the time.
QUOTE=fordracing65;1246623]If your paying $60,000 for a roller and putting $20,000 in engine, trans, etc your at $80,000, not in your wildest dreams are you selling that SPF for a profit, unless the buyer is on drugs... |
[/quote]
In that case you should buy every SPF for sale, new or used, sit on them and make your profit later, plus if you have all the inventory new and used, you will set the market price...lol
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PRIDEnJOY
Last edited by fordracing65; 06-02-2013 at 09:40 PM..
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06-03-2013, 05:09 AM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 22,025
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Not Ranked
Personally, I don't know why anybody spends a dime on these stupid cars.  |
06-03-2013, 08:36 AM
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CC Member
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Join Date: Dec 2010
Location: Tempe,AZ-High Point,NC,
AZ
Cobra Make, Engine: Kirkham #684, 482FE, Mike Mccluskey build
Posts: 2,520
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Not Ranked
Quote:
Originally Posted by patrickt
Personally, I don't know why anybody spends a dime on these stupid cars. |
I know by the time I'm done spending money on these cars I could have almost bought an original Cobra... 
__________________
PRIDEnJOY
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06-03-2013, 09:08 AM
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CC Member
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Join Date: Jul 2011
Location: Shreveport,
LA
Cobra Make, Engine: SAI; '68 427FESO Southern Automotive
Posts: 300
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Not Ranked
Quote:
Originally Posted by patrickt
Personally, I don't know why anybody spends a dime on these stupid cars. |
I now need the money I spent on this car to finish building my house... not very good form at all 
Oh well, I'm gonna have to give it all to Obama, anyways... |
06-03-2013, 09:15 AM
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CC Member
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Join Date: Dec 2010
Location: Tempe,AZ-High Point,NC,
AZ
Cobra Make, Engine: Kirkham #684, 482FE, Mike Mccluskey build
Posts: 2,520
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Not Ranked
Quote:
Originally Posted by Tutosnake
I now need the money I spent on this car to finish building my house... not very good form at all
Oh well, I'm gonna have to give it all to Obama, anyways... |
I live in a cardboard box in an alley, but I have a cobra... 
__________________
PRIDEnJOY
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05-31-2013, 02:40 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 madmaxx
I have made money on very new cobra I bought and driven it for years.
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For those who don't know, madmaxx was employed as an accounting manager at Enron in the late 90's and early 2000's. 
OTOH, if he's even successful occasionally, at low-balling Cobra sellers, then I can see how he may be able to turn a profit:
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