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Kirkham Motorsports

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  #14 (permalink)  
Old 05-20-2015, 12:59 PM
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As far as the Cobra resale market I only deal with SPF and random BDR's. Bottom line is it is a dieing hobby. Every SPF I sold was to a 65 plus years old male. I see a real glut hitting over the Cobra market in the next 2-5 years. Bottom line is Cobra owners are getting old and dieing. I had a conversation with the receptionist at Hillbanks a while back. I asked where they get their consignments from and she said alot are from widows. Truth be known I told my wife if I ever died and their was a Cobra in the garage to call Hillbanks and let them handle the sale.

Look at Mecum auctions. The majority of the audience are overweight 65 plus year old men and many with walkers. If you are under 50 years old (like me) you are into electronics, tuning and today technologies. The reason I stuck with Cobras is I can easily fix them myself.

To be honest the next Cobra I buy is mine. It will be a Kirkham, I kick myself for not buying one last year as it was everything I wanted for $105K. Today $105K is alot less to me than last year..... than again I am a year older.

I love SPF's because like Rolex they do a fantastic job advertising. A first time buyer is getting a known brand with a great reputation. I agree do not compare a $65K new BDR to a New SPF. Two different cars each worth what they cost. SPF are built like tanks, no rattles, no panel rubs, all components designed for SPF not hijacked off a BMW. Exact replica dashboard. I am not saying a BDR isnt a great car I am saying a SPF is worth $10-15K more and they retain their values better.
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