Anybody lining up for the new Shelby Cobra?

[NewYorkGuy]

Originally Posted by Bernica

I couldn't agree more. My CSX 4000 series with all Shelby components including the aluminum engine has only gone up in value in the past 16 years or so...

has the ceiling been reached for a csx4000 series or a Kirkham?
on ebay, used kirkhams go from $100K to $110K

here is a shelby cobra carbon fiber body csx4072 commissioned by CS and the asking price is $169K.

http://www.ebay.com/itm/Shelby-Cobra...US_Cars_Trucks

u lucky guys got in early and will make $$$. new cobra guys won't

[maurice19]

Well put, Dave

Maurice

[4pipes]

Rodknock and Bernica, I'd like to point out a simple fact, your cars will not go up in value until someone pays you more than you paid.

[Bernica]

Originally Posted by 4pipes

Rodknock and Bernica, I'd like to point out a simple fact, your cars will not go up in value until someone pays you more than you paid.

And for me anyways, that will be when I am long gone and on the other side of the dirt!

[RodKnock]

Originally Posted by 4pipes

Rodknock and Bernica, I'd like to point out a simple fact, your cars will not go up in value until someone pays you more than you paid.

The Cobra is asset with a market value just like other assets, investments or otherwise, in one's portfolio. Values go up or down. As for an accounting entry on one's balance sheet, the Kirkham is represented at book value, which is cost basis just like the houses we may or may not own less any loans outstanding. But my "Mark to Market" schedule reflects the appreciation in the Kirkham.

[4pipes]

It's discounted on mine.

[RodKnock]

Originally Posted by 4pipes

It's discounted on mine.

Well that's just plain wrong. You have one of the best Cobras on this site. So I say fire your accountant.

[4pipes]

I like spending real money as opposed to virtual money.

[RodKnock]

Originally Posted by 4pipes

I like spending real money as opposed to virtual money.

What about all that Bitcoin you saved up?

[RodKnock]

Originally Posted by David Kirkham

I also know Joe Conway on a personal basis. He and I think very, very much alike. We have had long talks together. He is a constant improvement guy. It is in his DNA. I can't stress this enough. He is extremely dedicated to improving the Shelby brand and he understands high-quality parts are a bit more expensive. He has never once suggested we cut any corner--anywhere. On the contrary, he always wants to improve. He understands markets, metallurgy, brand, customers, vendors, etc.
David

Originally Posted by David Kirkham

Shelby clearly has one of the most successful brands in the world. Even so, Joe has taken a successful brand and made it even better. That is an extraordinary accomplishment. Many, many people are far more adept at destroying well-known brands than improving them. Joe and Keith have a move forward attitude and it is spreading through Shelby quickly.
David

Even the Shelby company today recognizes the brand needs to improve and "purity" of a replica ain't it.

[stephen_becker]

Originally Posted by RodKnock

Even the Shelby company today recognizes the brand needs to improve and "purity" of a replica ain't it.

ummmmmmmm - NO

[twobjshelbys]

General "Buck" Turgidson:God willing, we will prevail, in peace and freedom from fear, and in true health, through the purity and essence of our natural... fluids. God bless you all"...

[Jaydee]

Something is only worth money if it's rare, someone wants it bad enough thinking it will go up in value, and knows it can't be found again. like a rare stamp or painting. The material is worth bugger all. Now with all these continuation Cobras etc, all trying to make them sound rare, 50th anniversary badges etc, so as to keep the value up. It doesn't make it a better car.
I can't wait to get mine finished and tell people I built it, not that it's worth a million dollars, rare as hell, and to scared to drive it. People will just think of you the same as a Ferrari owner, a rich snob.
JD

[stephen_becker]

The shelby company today recognizes they need to raise some cold, hard cash using CS name. Period.

[RodKnock]

Originally Posted by stephen_becker

The shelby company today recognizes they need to raise some cold, hard cash using CS name. Period.

"Improving the breed" and "raising cold hard cash using the CS name" are not mutually exclusive. With all due respect, I'm not sure your opinion is unbiased here.

But then, neither is mine.

[stephen_becker]

Originally Posted by RodKnock

"Improving the breed" and "raising cold hard cash using the CS name" are not mutually exclusive. With all due respect, I'm not sure your opinion is unbiased here.

But then, neither is mine.

At this point in time its all about the Benjamins!

[REAL 1]

SAI's main focus is not Cobras but Mustangs at this point with parts and post title mods I believe.

[REAL 1]

Originally Posted by stephen_becker

At this point in time its all about the Benjamins!

It always was even back in the 60s. But in all fairness it is no different for any for profit entity.

[RodKnock]

Originally Posted by stephen_becker

At this point in time its all about the Benjamins!

Unless your company is a non-profit, US tax law states that a for-profit corporation must a profit within a specified time frame. Shelby just came to the realization that the Kirkhams made a better Cobra, that they feel will make them more money, so they decided to buy Kirkham rollers and rebadge them.

[Bernica]

But then Evan, if your are running the true NASCAR 427, are you also running the turkey pan and a center-pivot Holley carb?