50th aniversary CSX

[rodneym]

There should be more of a market for the 427 version than the slab, don't you think?

[Bernica]

I don't know about that. Seems the slabs and streets have been picking up traction lately. I'm sure someone will correct me on that.

[stephen_becker]

SAI sold out of all 50th anniv CSX 8000 cars but have sold less then 1/2 of the 50th CSX 7000 cars

This is gonna be very interesting........

[kanuck]

I know the 40th anniversary cars, took forever to unload.

[Bernica]

Originally Posted by stephen_becker

SAI sold out of all 50th anniv CSX 8000 cars but have sold less then 1/2 of the 50th CSX 7000 cars

This is gonna be very interesting........

Yup, that's what I am thinking. Folks today I think are looking for something less visceral and more classic and street able, but I guess we will see.

[stephen_becker]

Originally Posted by kanuck

I know the 40th anniversary cars, took forever to unload.

SAI never finished the build -

[kanuck]

How many did they end up completing?

[1ntCobra]

Originally Posted by mrmustang

...

Just my two cents worth, having watched the spin from the very earliest of CSX4000 (ok, actually CSX3000 continuation) series car advertising and "PRwire" news releases and announcements. If someone is fool enough to get caught up in the hype, and spend their own hard earned money on this "investment quality" purchase, who am I to question it. After all, it is their money and not mine.

Bill S.

Bill,

So Shelby has a brand name. They also seem to have more of a marketing department than other manufacturers. They have had some bumps in the road in the past where people were worried that they might not ever get the cars they put deposits on. But Shelby has gotten their act together for quite a few years now. Sure they charge a premium for their cars, but more power to them if they can do that and keep their business running.

All of this is a relative matter of how much disposable income you have for purchasing a Cobra. I am sure that there are members of this forum that have managed to put together their hard earned money to get an FFR, who think that ERA or Kirkham owners must have been nuts to spend the extra money on their toys. Such an FFR owner might say "I have been watching ERA and Kirkham since they have started. Have you seen how much ERA charges for its deluxe rear suspension and I just cannot fathom what Kirkham changes for an aluminum hard top."

At a high enough disposable income level, a Shelby 50th anniversary model might make perfect sense to someone. That someone is just not you or me.

[rodneym]

Originally Posted by 1ntCobra

All of this is a relative matter of how much disposable income you have for purchasing a Cobra. I am sure that there are members of this forum that have managed to put together their hard earned money to get an FFR, who think that ERA or Kirkham owners must have been nuts to spend the extra money on their toys. Such an FFR owner might say "I have been watching ERA and Kirkham since they have started. Have you seen how much ERA charges for its deluxe rear suspension and I just cannot fathom what Kirkham changes for an aluminum hard top."

The Theory of [Cobra] Relativity.
I like it.

[REAL 1]

Originally Posted by RodKnock

Speaking of REAL1, his Cobra just went up $20K, because the aluminum CSX rollers just went from $160K to $180K, assuming the alloy roller increase sticks as I would expect. So assuming his finish cost with his options and specs is $80,000, figures per him, then his CSX4000 is now worth $260,000.

I didn't know the prices on Shelby alloy rollers went up to $180K. But if they did then the cost to duplicate my car would fall in around $260,000.00 per HRE and a detailed build sheet. Correct. Worth is a different issue. Worth it to some. Not to others. To some paying high six figures and seven figures for an original series is not worth it. In fact I could argue as an early CSX Continuation my car is more desirable then the new/current alloy continuation Cobras for a number of reasons.

To each his own and everything is relative.

[REAL 1]

Originally Posted by AL427SBF

Well, if an alloy 50th Anniversary CSX is $180K, and a alloy run-of-the-mill CSX is $180K, which one would you buy
.

I was never into the anniversary cars. I'm more of a purist. I don't like special badges, interiors etc...I want the car the way it was. Period.

I do like the slab sides but not enough to own one. I love the FIA's and USRRC cars though. I would own one of the them.

[AL427SBF]

Originally Posted by REAL 1;1****23

... the cost to duplicate my car would fall in around $260,000.00 per HRE and a detailed build sheet. Correct. Worth is a different issue. Worth it to some. Not to others. ...

Worth is also determined by what other comparable products are out there to measure your value against (like the housing market and real-estate comps). With that being said, your competition @ ~$260K is one of these alternatives.

Ferrari 458 Spider


.


Lamborghini Gallardo


.


McLaren M94-12C


.


Mercedes-Benz SLS AMG Black Series


.


Aston Martin Vanquish


.

I look at SAI sort of like an internet stock riding the .com bubble of 2000, valuations have risen by SAI jacking up the price, but with no underlying reason to substantiate the increase - other than seeing what a "customer" will pay. The balance of supply and demand is at the tipping point imo, as evidenced by some SAI inventory taking longer to liquidate, and in some cases (like the 50th Anniversary CSX7000 Editions) leaving 50% on the table. The bubble is ready to pop (again imo), and when it does you will see a cost adjustment to re-balance supply and demand. Right now it's a seller's market, but get ready for that coin to flip.
.

[philminotti]

Originally Posted by REAL 1

In fact I could argue as an early CSX Continuation my car is more desirable then the new/current alloy continuation Cobras for a number of reasons.

Just curious Evan...could you elaborate? No criticism is expressed or implied.

[Bernica]

Originally Posted by philminotti;1****50

Just curious Evan...could you elaborate? No criticism is expressed or implied.

I hope Evan is right! He is #4206 and I'm #4250!

[gthompson]

I also hope that Evan is right
Is #4385 early or late?

[rodneym]

Well, gthompson, compared to CSX3020...pretty darned late!!

[REAL 1]

Originally Posted by AL427SBF;1****39

Worth is also determined by what other comparable products are out there to measure your value against (like the housing market and real-estate comps). With that being said, your competition @ ~$260K is one of these alternatives.

Ferrari 458 Spider


.


Lamborghini Gallardo


.


McLaren M94-12C


.


Mercedes-Benz SLS AMG Black Series


.


Aston Martin Vanquish


.

I look at SAI sort of like an internet stock riding the .com bubble of 2000, valuations have risen by SAI jacking up the price, but with no underlying reason to substantiate the increase - other than seeing what a "customer" will pay. The balance of supply and demand is at the tipping point imo, as evidenced by some SAI inventory taking longer to liquidate, and in some cases (like the 50th Anniversary CSX7000 Editions) leaving 50% on the table. The bubble is ready to pop (again imo), and when it does you will see a cost adjustment to re-balance supply and demand. Right now it's a seller's market, but get ready for that coin to flip.
.

All the examples you cited (1) aren't really direct competition for a Shelby Cobra continuation series. Yes, they are at the same price point but they are apples and oranges. The guy looking for a 458 Italia or the others is likely not a Cobra buyer and if he is he is making a decision whether to buy an apple or an orange. Its like the guy deciding whether to spend $1.5 million on a private jet or a vintage WWII fighter. Both competing for the same dollars but they are totally different animals.

(2) The Shelby Continuation Series has better long term resale then the cars you cited. My car has appreciated in value and now would cost over 2X what I paid to have my Cobra finished by HRE years ago. The recipe for a Cobra is fixed if you are doing one aesthetically and historically correct. That won't change. You don't have to worry about next years model. You do have to worry about availability of original parts ,however, which increase in value and desirability as supply withers. If you have your Continuation series finished to a high level and historically accurate it will IMO remain very desirable and hold its value if not appreciate.

The cars you cited have resale values that drop faster than boat anchors with the 458 being the best of the bunch in holding value. There is always next years model.

Worth is determined by what buyers will pay and sellers will sell for in a free market. Shelby will increase prices until buyers will not pay what they are asking then there will be an adjustment. That's the only "substantiation" needed for any price increase. Shelby is no different than any other manufacturer. They sell it for what they can get. If they can't get it the price drops. Porsche is a prime example. The profit margins on a Porsche are obscene. Porsche could sell their cars for substantially less and still make a profit. They won't until they have to when people stop paying the asking price.

I don't believe the bulk of SAI's business is selling Cobras anyway. I believe the vast bulk of their current business is performance parts for Mustangs, Raptors etc.. and after market post title builds on Mustangs.

You must have a crystal ball. I didn't know the "Cobra bubble" is about to burst. In fact I didn't even know it was a "sellers" market or that there was a "bubble" . What are you basing that statement on other than just your opinion. Please educate me.

Hey, I'm kinda hoping your right and SAI stops making Cobras altogether. Mine would double in value overnight.

[Bernica]

Originally Posted by REAL 1;1****84

You must have a crystal ball. I didn't know the "Cobra bubble" is about to burst. In fact I didn't even know it was a "sellers" market or that there was a "bubble" . What are you basing that statement on other than just your opinion. Please educate me.

It seems to me that with the economy and markets doing what they are, there are about to be plenty of folks with the disposable income to spend on the car they always wanted, but hesitated during our recent downturn. I guess the upcoming auctions might be an indicator on how folks are willing to spend now, but we will see.

[REAL 1]

Originally Posted by Bernica;1****85

It seems to me that with the economy and markets doing what they are, there are about to be plenty of folks with the disposable income to spend on the car they always wanted, but hesitated during our recent downturn. I guess the upcoming auctions might be an indicator on how folks are willing to spend now, but we will see.

This would indicate to me the bubble is about to start expanding.

[Bernica]

It actually doesn't matter to me other than curiosity and making sure I am insured properly. I am perfectly fine with what I have. It's paid for and it's not going anywhere!