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Congratulations Thor on your sale. You sure stirred the pot not surprised at the responses we non purists walk a thin line here. It's a shame really considering so many of us built and own KIT cars. It also amazes me why is it so important to know what the profit margin might be when so wrapped up in the cars non original engine. Could it be for the possible continued borderline bantering maybe.
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Quite to the contrary the "Ford guys" were being quite gracious in the beginning with congrats given to Thor's sale. Even after a little poking at them with his opening post ...
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More idle chit-chat posted on the thread, some calling for Thor to "answer the question". Apparently, Thor feeling cornered, pulled out his best "bait and switch" replies - some interesting car history and a Charlie Brown rerun. But like a good mailman*, REAL 1 asked the question again. (*Will not let snow nor rain nor heat nor gloom of night stay the completion of his appointed rounds.) All is well, the thread is going down the path I would expect, until I came across your post ... Quote:
Whatever the case may be, the ball is still in Thor's court to answer the question, and if he wants to let it die fine by me. Ok, back to regular scheduled programming ... or change the channel. . |
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And a tag line that quotes one of the worst movies of all time [Scarface]. Pure genius. |
On Feb. 5th, 2014 a replica with a BB Chevy sold for over $73K at RM Auctions. The roller was manufactured by Everett-Morrison w/C4 Vette suspension. In this case I'd say the engine added significant value. An FE 427SO isn't going to get $73K in that chassis. An FE would put it in the replica market and there are much better replicas at that price.
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Ok , for what it is worth, in 1980 I paid Contemporary Classic Motor Car Co. of 5-7 Tecumseh ave Mt Vernon N.Y $11695 for the body/frame and other misc parts ,of that $989 for "back ordered"parts never received. (Still waiting Peter) No shipping I picked it up at the factory. Next $2694 to British Auto Wreckers 2938 S.W. Avalon Way Seattle Wa. for Jaguar XKE suspension front and rear, pedal assembly , steering column ,master cylinders, 2- 1967 e type seats, misc other parts, and a MGB convertible top assembly( I hoped to modify it to fit, it did not) plus $300 shipping . Next $1900 plus $200 shipping to Performance Automotive Wholesale Unit 129 19441 Center Drive Northridge Ca. for their "427 Chevy SUPER SPECIAL" package. Plus $400 to a local machine shop in Saco Maine for special work to the heads. Next Summit racing $300 for Holley 750 dbl pumper carb and Edelbrock intake and $980 for BFG tire and "HurricaneII " wheel package Free shipping. Next Hews Company of Westbrook Maine $131 drive shaft no shipping I picked it up. Next West Street Auto Salvage in Biddeford Maine $525 Muncie 4 speed, bellhousing and factory iron flywheel, no shipping I picked it up. Next Northeast Performance Kittery Maine $545 Hurst shifter and Auto Rod Control wiring harness. That's just the big stuff I still have receipts for Plus $thousands in misc parts and rebuild kits, plus a couple of thousand to Beals Autobody in Kennebunk Maine for work that was never completed(Beals went out of business). Plus $ 1200 in legal fees for the probate mess PLUS The price of Beating the crap out the two brothers who thought they should own my car,,,PRICELESS!!!! I sold the car for just under what Jeff CCX1985 said in post #16 , so from October 1980 to January2015 did I lose money or make money?? I don't know. But what I do know is that the sale price of my car would be competitive with a similar package with a comparable motor in FORD. There is a market for Cobra replicas with Chevy Engines and if you are a Chevy guy, a HotRod Guy, A Durability guy, Highest performance guy, put a Chevy in and don't let the FORD ONLY IN A COBRA crowd sway you from your choice.
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Final Sale #? We will adjust for inflation. Not to worry. |
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2005 Weineck Cobra 780 CUI Limited Edition | Paris 2014 | RM AUCTIONS Although, it may have been the dual roll bars that garnered the exorbitant price. |
Real 1 are you a Certified Public Accountant? More important do you have a hat the say's "LION TAMER"??? Do you think Lions are short little animals with bushy tails and long ,long noses and they like to eat ants???? Just asking??? ( Reference YouTube- Monty Python "Lion Tamer)
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I'm mightily impressed with how thick his skin is... %/ Poor bugger takes a beating almost every time he posts. :o |
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My partner is a CPA too. We can do the numbers. Post 'em up. Not to worry. |
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As far as the HP, let's just say I'm skeptical. They also claim a curb weight of under 2200 lbs... that's a lie. If they used the same "correction factor" for the HP as the weight, it would actually have about 750 HP. |
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By the way, CPA?! I'd have sworn you were a sermon... %/ |
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$11695 $2694 $300 $1900 $200 $400 $300 $980 $131 $525 $545 $3000 (misc parts & rebuild kits, you said "thousands" spent) $2000 (Beals Autobody) $1200 (legal fees) Total in 1980 dollars = $25,870, let's say $25,000 to make it simple. I sold the car for just under what Jeff CCX1985 said in post #16 Post #16: if you sold you car for 9k more than we discussed you net upwards of $25k So that means a $25K profit (or you sold for $50,000)? I don't think so but Jeff did say net upwards of so I'll run with it. $25,000 in 1980 = $75,961.21 in 2014 Annual Inflation: 3.32% Total Inflation: 203.84% Calculate the value of $25000 in 1980 - Inflation on 25000 dollars - DollarTimes.com This means you took an "inflation corrected" $25,961.21 loss if you sold your chevy powered cobra for $50,000. Of course only you and your hairdresser know for sure what it sold for, but it's pretty clear inflation will eat you alive over time. . |
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You're complicating it... :JEKYLHYDE He got rid of a chevy turd and someone paid him $9k more than he ever thought possible. :LOL::p |
Tom
What is a comparable Ford motor? 427FE? 390FE? Can you still bench 225? I remember it crushing you like Thor's hammer on Lokee's chest...... :LOL: :LOL::LOL::LOL::LOL: Congrats on the sale. I am done with this thread. |
Somehow, I think you would have a different opinion if you saw a '63 Split Window Vette with a Roush motor in it.
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