Aluminum Body Shelby Continuation rollers $160,000.00

[fordracing65]

Originally Posted by Al G

Look further down the page for CSX4387 listed at $195K.

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...

[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.

[RodKnock]

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.

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.

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.

[PSB]

For less than a real replica Shelby roller, you can buy an ORIGINAL Contemporary - only $149,950! AutoTrader Classics - 1965 Shelby Cobra-Replica Convertible Blue 8 Cylinder Manual 2 wheel drive | Muscle & Pony Cars | Columbus, OH

[ERA Chas]

Originally Posted by PSB

For less than a real replica Shelby roller, you can buy an ORIGINAL Contemporary - only $149,950! AutoTrader Classics - 1965 Shelby Cobra-Replica Convertible Blue 8 Cylinder Manual 2 wheel drive | Muscle & Pony Cars | Columbus, OH

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!

[REAL 1]

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

[RodKnock]

Originally Posted by REAL 1

Rodknock: those prices likely don't account for the new price increase.

We don't know if the alleged price increase will affect anything whatsoever. Markets values could drop, increase as you say, or just remain the same.

[REAL 1]

Originally Posted by RodKnock

We don't know if the alleged price increase will affect anything whatsoever. Markets values could drop, increase as you say, or just remain the same.

True. We don't know for sure but logic would seem to indicate that if the cost of a new Shelby alloy rolling stock chasis is $160K the value of existing well finished aluminum Shelbys would be in excess of that number especially when the time tables for delivery of new rolling stock is a year to 18 months out.

As long as there is sufficient demand Shelby will build cars. Admittedly demand is limited to a very narrow niche market but if they are selling new aluminum rolling stock and there are buyers at $160k, there you have it. Values have gone up on alloy continuation Cobras as completed Continuation Cobras are clearly $210K+.

Don't know much about CSX4371 (will look in the Registry) however, it clearly didn't sell at $130K nor at $189k. Now when the cost of just rolling stock hits $160k seems like that $189k price is more attractive when you will need another $20k on top of the $189k to finish new rolling stock priced at $160k. My view of it. When the cost of new rolling stock was $140k that $189k seems a stretch.

Bretewing: Any time you want give away and get rid of all that signed Shelby "crap" just PM me and I'll pay the shipping to my home. Glad to help.
While you may not see the value in a CSX rolling stock at $160k I'm willing to be there are those that will. When every agrees with you the prices will drop. When there are people that see the value and buy the price will remain and increase until that plateau is reached at any point in time which is always subject to change as markets do either up or down.

[OnyxRider]

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?

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"

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.

Hey I was curious what the numbers on the secondary market run, you find any?

[RodKnock]

Originally Posted by OnyxRider

Hey I was curious what the numbers on the secondary market run, you find any?

Sports Car Market Magazine - Car Reviews, Buyers Guides, Automotive Auctions and more!

They will occasionally discuss the market and as well actual auction sales of the continuation models.

As I said, I haven't read their current issue, and I normally throw them out after reading. So, no new data, but for this recent eBay auction of what would appear to be an exacting top-notch alloy CSX4000 (CSX4371) comp build: eBayMotors Item Purchase History

Top offer was $130,000.00. Asking $189,000.00

[OZCOBRA]

Mmmmm.....DEFINITIVE!!!
" SAAC is dedicated to the preservation, care, history and enjoyment of cars from Shelby American, 1961-1970."????????

[fordracing65]

Originally Posted by OZCOBRA

Mmmmm.....DEFINITIVE!!!
" SAAC is dedicated to the preservation, care, history and enjoyment of cars from Shelby American, 1961-1970."????????

Good one, I did not know that...