Club Cobra Gas-N Exhaust  

Go Back   Club Cobra > Cobra Talk Areas > ALL COBRA TALK

Nevada Classics
Main Menu
Module Jump:
Nevada Classics
Nevada Classics
MMG Superformance
Keith Craft Racing
Advertise at CC
Banner Ad Rates
Keith Craft Racing
Keith Craft Racing
MMG Superformance
May 2026
S M T W T F S
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31            

Kirkham Motorsports

Like Tree46Likes

 
 
LinkBack Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #11 (permalink)  
Old 06-11-2014, 01:29 PM
RodKnock's Avatar
Senior Club Cobra Member
Visit my Photo Gallery

 
Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,592
Not Ranked     
Default

Quote:
Originally Posted by REAL 1 View Post
The Data. Lets start with a rolling chassis at $160,000.00 before tax. Lets then go to a 2 year wait. Then lets proceed to a detailed and quality authentic build out. You think you are getting into that aluminum Continuation Shelby for less than $200K?

My data? The detailed appraisal and statement recently received setting out in detail with costs what it would take to re-do CSX4206 today from HRE/Billy Andrews. Why solicit a "third party appraisal" ? I have the car insured for an agreed value. Carrier has all the documentation on the car and understands what it is. There is no way I can duplicate my car today as it sits for less than $240,000.00 I was clearly advised this by Billy Andrews at HRE who is very familiar with my Cobra and knows it inside and out. He laid it out in writing in detail. Not winging it.

However, I'm not selling it. But I have had interest expressed to acquire at over $200K on more than one occasion and an owner of a near identical car out of HRE turned down $250K. Had my car sold in or about 2004/5 for $145,000.00 as I recall. I backed out of the deal.

But whatever you say. I'm "winging it". Ok.
"Interest" expressed a decade ago and an appraisal = Data? Most of us here know that "interest" and appraisals are worthless. I know the appraisal process very well (businesses, real estate, cars, etc.) as I'm sure you do. Educated guesses performed by uneducated people.

All I'm asking for is published sales where money actually moved between two unrelated entities or people. Everything else is pure nonsense in my part of the universe. I'll keep scouring my auction magazine (Sports Car Market) each month and will let you know when one does sell for $200K+.

There's a brand new alloy CSX4000 sitting at Hillbank for $199,000. Make them an offer, buy it, and then flip it for a profit. You could make a profit of 10-20%, which when annualized is an outstanding ROI.
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -7. The time now is 12:40 PM.


Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.6.0
The representations expressed are the representations and opinions of the clubcobra.com forum members and do not necessarily reflect the opinions and viewpoints of the site owners, moderators, Shelby American, any other replica manufacturer, Ford Motor Company. This website has been planned and developed by clubcobra.com and its forum members and should not be construed as being endorsed by Ford Motor Company, or Shelby American or any other manufacturer unless expressly noted by that entity. "Cobra" and the Cobra logo are registered trademarks for Ford Motor Co., Inc. clubcobra.com forum members agree not to post any copyrighted material unless the copyrighted material is owned by you. Although we do not and cannot review the messages posted and are not responsible for the content of any of these messages, we reserve the right to delete any message for any reason whatsoever. You remain solely responsible for the content of your messages, and you agree to indemnify and hold us harmless with respect to any claim based upon transmission of your message(s). Thank you for visiting clubcobra.com. For full policy documentation refer to the following link: CC Policy
Links monetized by VigLink