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46Likes

08-15-2013, 04:00 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 la cobra
The value is what ever someone will pay for it.
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And I'm reminded of the proverb "A fool and his money are soon parted."
I only found one alloy CSX (4400) on CobraCountry and the way that one is finished under the hood makes me think that anything near $200K is a dream. It's also a dealer, which likely means it's NOT priced to sell.
Assuming the new roller price is correct, then we'll see how many buyers will line up.
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08-15-2013, 04:23 PM
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Banned
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Join Date: Dec 2002
Location: New Jersey,
N.J
Cobra Make, Engine: Shelby Cobra CSX4206 aluminum body, original 1965 NASCAR 427 SO, Dual quads.
Posts: 3,897
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Not Ranked
Well when the buy in cost of a new one is going to be $210K+ depending on options and detail plus the excruciating wait for the aluminum roller to arrive from Shelby that helps the value of the used ones go up does it not???
Call the Continuation whatever you little hearts desire the facts are set forth in the SAAC Registry and their acceptance as genuine Cobras is a fait accompli by SAAC.
I don't see any kit cars or "replicas" (i.e non Shelbys) of Cobras going for anything near six figures let alone near $200K. I think the market has therefore spoken too.

__________________
U.S. Army Rangers. Leading travel agents to Allah.
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08-15-2013, 04:44 PM
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CC Member
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Join Date: Mar 2002
Location: MELBOURNE,AUSTRALIA,
Vic
Cobra Make, Engine: Homebush,B2 Windsor 445
Posts: 1,189
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Not Ranked
Quote:
Originally Posted by REAL 1
I don't see any kit cars or "replicas" (i.e non Shelbys) of Cobras going for anything near six figures let alone near $200K. I think the market has therefore spoken too.

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Your seein what you want to see!!!!
.....it's not at all hard to find replica's ie; Non -Shelby cars in the Six figure bracket world wide ,maybe you need to do the search without the blinkers on and not request the proof when you actually know the facts are there right in front of you!!!! 
....But I'm more than happy with the size of my little pinky!!! 
__________________
They shall not grow old as we who are left grow old. Age shall not weary them, nor the years condemn. At the going down of the sun and in the morning, We will remember them ....
And in the end, it's not the years in your life that count. It's the life in your years- Abraham Lincoln
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08-15-2013, 05:23 PM
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Banned
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Join Date: Dec 2002
Location: New Jersey,
N.J
Cobra Make, Engine: Shelby Cobra CSX4206 aluminum body, original 1965 NASCAR 427 SO, Dual quads.
Posts: 3,897
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Not Ranked
Quote:
Originally Posted by OZCOBRA
Your seein what you want to see!!!!
.....it's not at all hard to find replica's ie; Non -Shelby cars in the Six figure bracket world wide ,maybe you need to do the search without the blinkers on and not request the proof when you actually know the facts are there right in front of you!!!! 
....But I'm more than happy with the size of my little pinky!!! 
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Really? Enlighten me. Post the cars and sale figures. Kirkhams don't count. They are "Cobras" per the Registry not "replicas".
__________________
U.S. Army Rangers. Leading travel agents to Allah.
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08-15-2013, 05:29 PM
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CC Member
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Join Date: Apr 2007
Cobra Make, Engine:
Posts: 1,009
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Not Ranked
Sign At Hot August Nights
REAL 1, do you have any relatives that attended Hot August Nights This Year?
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08-15-2013, 05:50 PM
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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
Quote:
Originally Posted by Cobra #3170
REAL 1, do you have any relatives that attended Hot August Nights This Year?
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And somebody like that generally does not have a good sense of humor.... 
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08-15-2013, 08:05 PM
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CC Member
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Join Date: Aug 2007
Location: Carlsbad,
Ca
Cobra Make, Engine: SPF 2932 with 438 Lykins Motorsports engine. Previous owner of FFR 5452.
Posts: 2,617
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Not Ranked
Quote:
Originally Posted by patrickt
And somebody like that generally does not have a good sense of humor.... 
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Yeah, but they are so much fun to poke with a stick.
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Jim
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08-15-2013, 04:45 PM
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CC Member
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Join Date: Aug 2007
Location: Carlsbad,
Ca
Cobra Make, Engine: SPF 2932 with 438 Lykins Motorsports engine. Previous owner of FFR 5452.
Posts: 2,617
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Not Ranked
No one is saying they are not real Shelby's. We are saying that they are not original Shelby's.
It's like saying my 2011 Shelby GT500 is an original Shelby GT500. It's not. But it is a real Shelby.
Shelby can price the cobras however they see fit. Those in the know won't bite.
__________________
Jim
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08-15-2013, 05:09 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 REAL 1
Well when the buy in cost of a new one is going to be $210K+ depending on options and detail plus the excruciating wait for the aluminum roller to arrive from Shelby that helps the value of the used ones go up does it not???
Call the Continuation whatever you little hearts desire the facts are set forth in the SAAC Registry and their acceptance as genuine Cobras is a fait accompli by SAAC.
I don't see any kit cars or "replicas" (i.e non Shelbys) of Cobras going for anything near six figures let alone near $200K. I think the market has therefore spoken too.

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1. Have you heard of any parties being thrown where no one shows up? Also, assuming the new roller price is indeed true, there's no documented proof of one being sold at that amount.
2.
3. As recently as August 1, per CobraCountry, a black/red Kirkham was sold. Asking price was $115K firm. I should mention that it was used in a Maroon 5 video for a few moments. There are a few examples in memory where Kirkham's have been sold around the $100K figure (+/-). And the Kirkham's have mentioned a price increase in the future as well.
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08-15-2013, 08:45 PM
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CC Member
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Join Date: Mar 2002
Location: MELBOURNE,AUSTRALIA,
Vic
Cobra Make, Engine: Homebush,B2 Windsor 445
Posts: 1,189
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Not Ranked
Quote:
Originally Posted by RodKnock
And I'm reminded of the proverb "A fool and his money are soon parted."
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Really saves me continuing the ZZZZzzzzzzzzzzzzzzzz at the Alamo!!! 
Ultimately it aint REAL1  if it aint 60's production...Continuation is Replication!!
You want to shell out or try to Justify $150/200K for the letters CSX on a replica....Wank factor!!....we'll keep making them and rais'n the $$$ because    keep buyin them!!!.....
If i were to spend that amount of coin I'll be payin that for a replica that has the workmanship and substance to warrant that type of dollar and there are few of those!!!
...... and not because it has CSX 4000 or later as a prefix and its on a registery so I can say its real1!!!  
__________________
They shall not grow old as we who are left grow old. Age shall not weary them, nor the years condemn. At the going down of the sun and in the morning, We will remember them ....
And in the end, it's not the years in your life that count. It's the life in your years- Abraham Lincoln
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08-15-2013, 08:54 PM
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CC Member
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Join Date: May 2000
Location: Northern VA,
VA
Cobra Make, Engine: Classic Roadsters
Posts: 2,765
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Not Ranked
Let's just save the time and aggrevation . . .
. . . and just go ahead and close this thread now.
.
__________________
LIFE IS TOO SHORT TO WORRY ABOUT GOOD GAS MILEAGE
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Utinam logica falsa tuam philosophiam totam suffodiant!
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08-15-2013, 05:52 PM
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CC Member
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Join Date: Apr 2008
Location: Melbourne,
Vic
Cobra Make, Engine: Some polish thing... With some old engine
Posts: 2,286
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Not Ranked
Quote:
Originally Posted by RodKnock
And I'm reminded of the proverb "A fool and his money are soon parted."
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Aptly put my friend.
I have ever told you that I find your statements most eloquent?!
Quote:
Originally Posted by REAL 1
Well when the buy in cost of a new one is going to be $210K+ depending on options and detail plus the excruciating wait for the aluminum roller to arrive from Shelby that helps the value of the used ones go up does it not???
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Possibly true... but more so, me thinks that flow on ramification is that it increases the wait list for a kirkham
I got no facts to prove it... but hey, why don't you try ordering one to just verify.
Just saying 
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08-15-2013, 05:15 PM
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CC Member
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Join Date: Mar 2010
Cobra Make, Engine: Sold - Shelby Cobra CSX6045, 468 ci all aluminum Shelby engine
Posts: 370
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Not Ranked
Quote:
Originally Posted by RodKnock
I only found one alloy CSX (4400) on CobraCountry and the way that one is finished under the hood makes me think that anything near $200K is a dream. It's also a dealer, which likely means it's NOT priced to sell.
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Look further down the page for CSX4387 listed at $195K.
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08-15-2013, 09:39 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 Al G
Look further down the page for CSX4387 listed at $195K.
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That car has been listed for that price for 5 months, the owner and I will both be shocked if it goes for more than $150,000, I talked to the owner he is eager to sell, he wants a Ferrari... Real 1 offer him $180,000 you will make a quick $30k  ...If it were only that easy we would all do it...
__________________
PRIDEnJOY
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08-15-2013, 09:49 PM
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Banned
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Join Date: Dec 2002
Location: New Jersey,
N.J
Cobra Make, Engine: Shelby Cobra CSX4206 aluminum body, original 1965 NASCAR 427 SO, Dual quads.
Posts: 3,897
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Not Ranked
Gee, simple math seems to indicte that being that you won't be able to even buy a rolling aluminum chasis for $150K that would be a great price. Maybe you should buy it at that number if he will sell. You could make out or if he is smart he should hold out and wait for the price increase and he is likely to get his price or close to it.
I already have one. I'm saving for another FGT but they keep going up in price.  but its not all bad since I have one. 
__________________
U.S. Army Rangers. Leading travel agents to Allah.
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08-16-2013, 11:39 AM
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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 REAL 1
I agree that the asking price does not set the value. Just pointing out an indicator of which the asking price is an indicator. If they start changing hands at those prices or near those prices then you have value. Further, with the current price increase a Shelby aluminum rolling chasis at $160,000.00 putting a completed car at $210,000+ this is likely to drive the value of existing used and immediatley available aluminum Shelbys higher. Can't say for sure but it certainly seems logical and reasonable to conclude this.
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Quote:
Originally Posted by REAL 1
Gee, simple math seems to indicte that being that you won't be able to even buy a rolling aluminum chasis for $150K that would be a great price. Maybe you should buy it at that number if he will sell. You could make out or if he is smart he should hold out and wait for the price increase and he is likely to get his price or close to it.
I already have one. I'm saving for another FGT but they keep going up in price.  but its not all bad since I have one. 
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I'm staying away from the "other" discussion, since that is a red herring.
As for Shelby pricing, as you know, the roller pricing of any manufacturer will likely affect the pricing of all the other manufacturers. The Kirkham's were planning an increase too and, IIRC, Superformance has recently increased their roller price as well. The laws of economics control the free markets. I personally think Shelby has reached the point where their market is maybe a few small select "drunken sailors."  No really, I think the market is very thin at that level, if there even is one. Plus, you have to wait more than a year to get it?
And there are several alloy CSX4000's running around on the market for way less than $200K like these two examples ASKING about $170,000-$175,000:
Shelby Cobra For Sale - duPont REGISTRY
I'm a subscriber to Keith Martin's Sports Car Market magazine, which reports auction prices from around the world for all sorts of marques. And I can't remember too many alloy CSX's trading above $150K. I just got my new issue, so maybe they'll have one or two in it this issue and I'll get back to this thread with that info.
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08-16-2013, 11:44 AM
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CC Member
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Join Date: Mar 2000
Location: Dayton,
OH
Cobra Make, Engine: RCR SLC, Graziano 6-spd, LS3
Posts: 914
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Not Ranked
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08-16-2013, 12:11 PM
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CC Member
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Join Date: Oct 2003
Posts: 4,078
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Not Ranked
Quote:
Originally Posted by PSB
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Get it now ( even though it's only the '2 wheel drive' version) 'cause Bayer stopped makin' 'em!!! (but he's still alive  )
They're sure to skyrocket! 
__________________
Chas.
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08-16-2013, 12:15 PM
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Banned
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Join Date: Dec 2002
Location: New Jersey,
N.J
Cobra Make, Engine: Shelby Cobra CSX4206 aluminum body, original 1965 NASCAR 427 SO, Dual quads.
Posts: 3,897
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Not Ranked
Rodknock: those prices likely don't account for the new price increase. Also one car has 23000 miles and is still being offer at that price. Does the other have a 427SO.?
As to the Contemporary...what can be said??? I think the Shelby is the better play at that number. Just say'n. LOL
__________________
U.S. Army Rangers. Leading travel agents to Allah.
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08-16-2013, 02:26 PM
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Banned
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Join Date: Jun 2013
Posts: 589
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Not Ranked
Quote:
Originally Posted by 1ntCobra
Yes, I realize I'm quoting myself, ... but maybe I can help us get back to the subject at hand, or at least my take on it.
Let's forget about the adjectives like "real", "genuine", "original", "component", , "continuation", "completion", "replica", etc.
Shelby American sells a car today that they are legally entitled to call a "Shelby Cobra". It is similar to the cars they sold in the 1960s, but it is a brand new car. They have raised the price on the aluminum version of that car and continue to do so.
My thought is perhaps they might some day price themselves out of the market. And maybe that some day is now?
When comparing a brand new aluminum "Shelby Cobra" to a brand new aluminum competitor's car, like a Kirkham. There are certainly things to consider, since both are different in a number of ways:
- Components: more original style suspension versus light weight billet suspension, gauges, head light trim rings, side pipes, etc.
- Paint: painted versus non-painted
- Option Cost: cost of stripes, cost of polished finish, etc.
- Brand Name: "Shelby" brand name and serial number versus not a Shelby
- Customer Service
Although the Kirkham is in the SAAC registry, at some point I got the impression it is more there to keep track a car that can easily be confused with a modern day (or even an original) Shelby Cobra, then for it to be there to acknowledge it as a legitimate Cobra. So even though Kirkhams are in the registry, that does not really do much for me.
Now I don't have a bunch of money burning a hole in my pocket to buy either a current generation Shelby Cobra or a Kirkham, but if I did have the money, I suppose there would be a certain premium price that I would consider paying extra for a completed running Shelby Cobra over a similarly equipped completed running Kirkham (painted with original style suspension). But if we are talking $200k versus $100k for completed running cars, I think the 100% premium markup for the Shelby is not worth it to me personally.
Now Evan got into the game with his car years ago when the markup was not as big. Evan what would you do today? Would you still buy the Shelby Cobra today over an identical Kirkham just for the Shelby brand name and CSX serial number considering today's price difference?
At some price point, Shelby could price themselves out of the market. Just consider the extreme case, they could raise the price of a brand new Shelby Cobra to more than the going price of a 1960's Shelby Cobra. At that point, you might as well just buy an original. It would be just as expensive to insure and worry about crashing.
And after all didn't Shelby price themselves out of the market before with the "completion" series at $500k? The answer to that was to start the "continuation" series. I suppose if they price themselves out of the market again, they just have to come up with a new series name at a lower price point. Hmm, I wonder what they would call it, maybe "perpetuation" series? 
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That $500,000. number that you mention was that for the supposed tubs that were out back? Tubs csx 3056-3099?
New series name ''Legendary or The Legend"
Quote:
Originally Posted by RodKnock
I'm staying away from the "other" discussion, since that is a red herring.
As for Shelby pricing, as you know, the roller pricing of any manufacturer will likely affect the pricing of all the other manufacturers. The Kirkham's were planning an increase too and, IIRC, Superformance has recently increased their roller price as well. The laws of economics control the free markets. I personally think Shelby has reached the point where their market is maybe a few small select "drunken sailors."  No really, I think the market is very thin at that level, if there even is one. Plus, you have to wait more than a year to get it?
And there are several alloy CSX4000's running around on the market for way less than $200K like these two examples ASKING about $170,000-$175,000:
Shelby Cobra For Sale - duPont REGISTRY
I'm a subscriber to Keith Martin's Sports Car Market magazine, which reports auction prices from around the world for all sorts of marques. And I can't remember too many alloy CSX's trading above $150K. I just got my new issue, so maybe they'll have one or two in it this issue and I'll get back to this thread with that info.
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Hey I was curious what the numbers on the secondary market run, you find any?
Last edited by OnyxRider; 08-16-2013 at 02:29 PM..
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