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Kirkham Motorsports

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Old 08-16-2013, 12:31 PM
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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.
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Old 08-16-2013, 09:22 PM
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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.
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Last edited by REAL 1; 08-16-2013 at 09:30 PM..
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Old 08-16-2013, 09:50 PM
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Originally Posted by REAL 1 View Post
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.
Any time a replica gets over 180k it is time to look at a Ford GT, why in the world would anyone pay that much for a car that does not do anything very well other than trying to kill you? My GT will analiate any Cobra on a road course including mine with the ac on and the windows up. Those folks interested in attention would also like that factor as well compared with a Cobra.
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Old 08-17-2013, 10:58 AM
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My GT will analiate any Cobra on a road course including mine with the ac on and the windows up. Those folks interested in attention would also like that factor as well compared with a Cobra.

Dam I've never been anal-iated by anyone, maybe because I'm in the lead and everyone far behind. lol Sorry I write all the time and make many mistakes and usually never proof read all my mistakes. lol annihilate. i think the good ole southern boys spell it analiate. lol
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Old 08-17-2013, 11:25 AM
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Any time a replica gets over 180k it is time to look at a Ford GT, why in the world would anyone pay that much for a car that does not do anything very well other than trying to kill you? My GT will analiate any Cobra on a road course including mine with the ac on and the windows up. Those folks interested in attention would also like that factor as well compared with a Cobra.
Because the original series Cobras are selling for way more starting at at least $500K. When you can still buy a continuation Cobra for several hundred thousand less thats why they sell and guys invest $100k++ in the Shelbys. Plus while the FGT is a superior car performance wise as you would expect it to be for many reasons the Cobra is a special breed and has a special appeal that has transcended generations. Would I love an original, you bet but am I happy with my Continuation Series Cobra?. You bet especially since they are clearly holding value if not increasing. Its rare you can actually buy something you love, drive, use it and see it maintain the initial investment if not return more and provide an opprotunity to do more so in the future.

Rodknock: Of course. Its axiomatic that demand is a key component in setting market value. Thats a given.
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Old 08-17-2013, 03:59 PM
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Because the original series Cobras are selling for way more starting at at least $500K. When you can still buy a continuation Cobra for several hundred thousand less thats why they sell and guys invest $100k++ in the Shelbys. Plus while the FGT is a superior car performance wise as you would expect it to be for many reasons the Cobra is a special breed and has a special appeal that has transcended generations. Would I love an original, you bet but am I happy with my Continuation Series Cobra?. You bet especially since they are clearly holding value if not increasing. Its rare you can actually buy something you love, drive, use it and see it maintain the initial investment if not return more and provide an opprotunity to do more so in the future.

Rodknock: Of course. Its axiomatic that demand is a key component in setting market value. Thats a given.
You are dreaming if you think a continuation Cobra will out pace a Ford GT in appreciation over the years. If you want the Cobra experience then it would be very smart to buy a Kirkham, they look great, are mechanically sound, and do not cost 200k. Buying a continuation is a real gamble because they can always make more if the demand is still there as others have noted. There will be no more original/real Cobra's and there will be no more Ford GT's.
People interested in Cobra's are generally older and like them because they remember the legend. These folks will eventually be gone so why would the prices continue to go up? Remember what happened to the classic cars when the people that loved them began to die off? I know that sounds harsh but I am getting very close to that category myself.
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Old 08-17-2013, 05:54 PM
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You are dreaming if you think a continuation Cobra will out pace a Ford GT in appreciation over the years.
Mecum had two Ford GTs. A Heritage car sold for 377.5K and a Tungsten for 245K. Someone really wanted the Heritage, I mean *REALLY* wanted it and price was no object, i.e, that price is irrational exhuberance. The Tungsten car was in line with low miles car sales of late.

A Kirkham was a no sale at $110K, another no sale at $75K

But, CSX2487 did go for 925K. That's the highest I've seen for a 289 car in a very long time.
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Last edited by twobjshelbys; 08-17-2013 at 06:01 PM..
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Old 08-17-2013, 06:54 PM
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Looks like someone is little sensative

CSX3170: show me where I said that Continuation Cobras will out pace FGTs in appreciation. The prices have risen consistently though. I agree that as long as they continue to make them their collectibility is hamstrung. If SAI folds one day that will also affect value likely substantially. My bet is the values will rise substantially. That HMO.
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Old 08-16-2013, 09:59 PM
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As long as there is sufficient demand Shelby will build cars.
And therein lies the assumption for your "logic."

Another logical alternative is that the alloy CSX becomes too expensive to justify its purchase, demand dries up, and then buyers seek other cheaper (and better, IMHO) aluminum body alternatives (i.e., Kirkham).
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Old 08-19-2013, 09:32 AM
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....................................
.................................
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.
Some the crap is still attached to vehicles.

The post was "IMHO", which was exactly that. My realitive position of value may differ from others but I qualify it with the rational of like constructed vehicles, Kirkham vs CSX. The difference in price point being only the name attached to the title.
Again, IMHO ~$90k for a name does not equate to value.

Best, Bret.
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