selling a Cobra with a Chevy.

[AL427SBF]

Originally Posted by Thor maine

... so from October 1980 to January2015 did I lose money or make money?? I don't know ...

Run the numbers, it doesn't take a CPA to correct for inflation.

$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.
.

[Dimis]

Originally Posted by AL427SBF

Run the numbers, it doesn't take a CPA to correct for inflation.

$11695
$2694
etc,
etc,
etc...

You're complicating it...
He got rid of a chevy turd and someone paid him $9k more than he ever thought possible.

[1985 CCX]

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......



Congrats on the sale. I am done with this thread.