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-   -   Interesting Article from Hemmings Buyer Guide regarding Current Production Cobras (http://www.clubcobra.com/forums/all-cobra-talk/134851-interesting-article-hemmings-buyer-guide-regarding-current-production-cobras.html)

REAL 1 10-09-2015 07:04 PM

Continuation Cobras-Hemmings Buyer Guide on Cobras
 
Thought this excerpt from "Hemming's Buyers Guide" might be of interest and helpful to anyone looking at this cite considering a current production Continuation Shelby Cobra. :)

Buy British roadsters built with old-world metal-shaping and fabrication techniques based on chassis technology last considered cutting edge when William the Conqueror invaded Mother England.
Then, install Ford V-8 engines and Borg-Warner T-10 four-speed transmissions. For the finishing touch, screw some badges emblazoned with an aggressive sounding name on this contraption and sell it as a sports car--priced higher than legitimate store-bought sports cars, like the Jaguar E-type or the Chevrolet Corvette.
For most people, this idea would make the Hindenburg disaster look like a minor setback for the dirigible-based tourism industry.
Most people, however, aren't Carroll Shelby. To this very day, Shelby's undeniable charm and irresistible brand of straight-talk-replicating, Texas-barbecue-sauce smothered hucksterism is what drives the popularity of the brand that bears his name…..

We can tell you that in 1962, Shelby introduced the world to the Cobra, a car that would become one of the most sought-after and knocked-off collectible automobiles of all time. From there, it was straight into the history books riding a wave of legendary race wins, and enjoying a halo effect from modified Shelby Mustangs, modified Shelby Chryslers, some custom one-off performance cars as well as everything from chili to men's deodorant….

For all of its fame, the original Cobra was produced in surprisingly low quantities--just 998 were assembled from 1961 until 1968. (655 leaf-spring 289 Cobras and 343 coil-spring 427 Cobras. These numbers include street cars, competition cars, semi-competition roadsters, etc.) What followed in the ensuing decades, however, was an onslaught of clones, kits and look-alikes that turned this rare performance car into an overexposed American pop culture icon. Sort of like the Mona Lisa on a billboard advertisement for toothpaste or a guy in a Statue of Liberty costume handing out coupons in front of a hot dog stand on Fourth of July weekend….

Today, if you're in the market for a genuine Shelby Cobra, you have some interesting options. Generally speaking, the most expensive will be an original 1965-1967 427 Cobra with a 427 engine….

……….The best place to start is with The World Registry of Cobras and GT40s--a 1,500-plus-page hardcover tome that documents the histories of individual Cobras and GT40s. The book is amazing in that you can look up a Cobra's chassis number and learn something about that particular car's origins--in some cases a great deal. It also contains a wealth of historical information, buying advice, production numbers, serial number locations, facts and figures, definitions for Cobra-specific terms and contact information to put you in touch with vendors and specialists…..

Consulting with an expert like Scudder or Comer before buying a Cobra is also a wise idea. Both are intimately familiar with the Cobra market, as well as the histories of individual cars, and are willing to act as consultants for serious buyers…..
Cobras masquerading as the genuine article are less of a problem today, thanks to SAAC and the World Registry. In fact, there is an excellent chapter in the World Registry about made-up cars and how they come into being…..

"The fakes have been sorted out," Comer said. "That's the great thing about the club. Cobra owners police these things pretty heavily and everyone knows who owns which serial number. You can't really get around it. The fakes get found out really quickly." ……

WHAT TO PAY
Low Average High
1963 $399,700 $460,900 $540,600
1964 $472,800 $494,900 $663,100
Competition $487,500 $646,900 $1,691,500
1965 Continuation
CSX 1000 AC aluminum body $142,975 $151,550 $185,500
CSX 4000/6000 aluminum body $114,380 $121,240 $148,400
CSX 4000/6000 fiberglass body $89,870 $95,260 $116,600
289 Cobra $472,800 $494,900 $663,100
Comp $487,500 $646,900 $1,691,500
427 Cobra $579,600 $684,800 $1,131,500
S/C and Comp $763,700 $989,800 $1,421,300
1966 427 Cobra $579,600 $684,800 $1,131,500
1967 427 Cobra $579,600 $684,800 $1,131,500
"

More accurate and helpful information can be found on both original and current production Shelby Cobras as noted in the 40th Edition of World Registry of Cobras and GT40's"

:)

REAL 1 10-09-2015 07:07 PM

Oh, "sour grapes" flotsam and jetsam sure to follow the above post from those that don't own Shelbys current or original. ;)

Don't be distracted or mislead.

Just read the Registry. :)

Joe's Garage 10-09-2015 07:39 PM

Quote:

Originally Posted by Jamo (Post 1363849)
... That being said...back to the boring part of this thread about these damn little cars. Yup, gonna make it a sticky. Which means there will be zilch patience for anyone who talks about which Cobra is more elite (originals excepted, but they know that) than the next one on any other thread.

Evan...enjoy.

Done. :cool:

Oops, looks like someone stepped outside of Jamo's sandbox :LOL:

LightNFast 10-09-2015 08:14 PM

Deleted....

LMH 10-10-2015 12:36 AM

Prices on originals are a little low, especially on the leaf spring cars. Most are much closer to a million dollars now for standard production Cobra's.
Larry

cycleguy55 10-10-2015 12:05 PM

Quote:

Originally Posted by LMH (Post 1366307)
Prices on originals are a little low, especially on the leaf spring cars. Most are much closer to a million dollars now for standard production Cobra's.
Larry

Yes, those values do seem low. I recall seeing that table from an earlier article, not just the excerpt of the May 2012 article posted by REAL 1.

Here's a link to the article REAL 1 failed to provide: 1962-1967 Shelby Cobra | Hemmings Motor News

Thor maine 10-10-2015 11:19 PM

What is the price for a modern 1/3 authentic AC-Shelby-Ford Cobra replica kit car built by Shelby????

RodKnock 10-10-2015 11:48 PM

The "authoritative text" of the Hemming's Buyer's Guide. Wow. :rolleyes:

Does anyone read or pay attention to Hemming's anymore? They're the magazine version of the Betamax in terms of the automotive collecting hobby.

Now you've gone from embarrassing yourself to no one will ever think anything you post is worth reading, if they ever did in the first place. This is me shaking my head in disbelief and disgust.

twobjshelbys 10-11-2015 12:00 PM

Quote:

Originally Posted by Thor maine (Post 1366420)
What is the price for a modern 1/3 authentic AC-Shelby-Ford Cobra replica kit car built by Shelby????

Forget "manufacturers suggested retail price" although many will sell for MSRP then get the power train for retail.

A better comparison would be CSX6124 sold at Barrett Jackson (Vegas) a few weeks ago for 134.2K. That was a brand new car with a period correct 427FE.

For more info see my post elsewhere with the real market data from the auction.

REAL 1 10-11-2015 12:27 PM

Quote:

Originally Posted by Thor maine (Post 1366420)
What is the price for a modern 1/3 authentic AC-Shelby-Ford Cobra replica kit car built by Shelby????

More than a 0% authentic Shelby Cobra not built buy Shelby whether kit, replica, pureed, blended, shaken or stirred or however else you want to "slice it." Oh, and way more then those 0%er's with Chevy engines. ;)

jhv48 10-11-2015 01:07 PM

Quote:

Originally Posted by REAL 1 (Post 1366488)
More than a 0% authentic Shelby Cobra not built buy Shelby whether kit, replica, pureed, blended, shaken or stirred or however else you want to "slice it." Oh, and way more then those 0%er's with Chevy engines. ;)

Is that a number?

Joe's Garage 10-11-2015 01:32 PM

Quote:

Originally Posted by twobjshelbys (Post 1366484)
... A better comparison would be CSX6124 sold at Barrett Jackson (Vegas) a few weeks ago for 134.2K. That was a brand new car with a period correct 427FE ...

Every time I turn around Evan's car loses value, now his appraised value is market value + $105,800 :LOL:

Blue66 10-17-2015 04:46 PM

Quote:

Originally Posted by Joe's Garage (Post 1366495)
Every time I turn around Evan's car loses value, now his appraised value is market value + $105,800 :LOL:

Laugh all ya want.. I'd take it right now for that !!:cool:

twobjshelbys 10-17-2015 04:54 PM

Quote:

Originally Posted by Blue66 (Post 1367693)
Laugh all ya want.. I'd take it right now for that !!:cool:

Me too. He forgot my comparison was against a fiberglass car. I'm afraid that Even's replacement cost might be a little light these days.

Blue66 10-17-2015 05:02 PM

Quote:

Originally Posted by twobjshelbys (Post 1367696)
I'm afraid that Even's replacement cost might be a little light these days.


:3DSMILE: Thats why I did make a serious offer !!! ;)

Thor maine 10-17-2015 05:15 PM

Quote:

Originally Posted by REAL 1 (Post 1366488)
More than a 0% authentic Shelby Cobra not built buy Shelby whether kit, replica, pureed, blended, shaken or stirred or however else you want to "slice it." Oh, and way more then those 0%er's with Chevy engines. ;)

So now let's talk %. In the time of the genuine ,real Cobras, the 1960's AC Cars Ltd sold using their COB-COX serial number's sold from the factory at least two cars with Chevy engines (fact). Todays incarnation of AC Cars Ltd Heritage sells their cobra with their COB- COX serial number from the factory with GM LS engines. Under your way of thinking today's AC Cars would definitely have the right to be called "REAL-1's" . So what are the percentages again? Please remind me cause I kinda didn't hear what you were saying??????

RodKnock 10-17-2015 06:23 PM

Quote:

Originally Posted by Blue66 (Post 1367702)
:3DSMILE: Thats why I did make a serious offer !!! ;)

I haven't seen any alloy CSX 4000/6000/7000/8000 for $240,000. If I were Evan, I'd sell at $240,000 all day long and twice on Tuesdays. If you can find any sales publicly verifiable over $200K, please post a link.

Hillbank always has a few for sale asking $160,000-199,0000.

Now the CSX 1000 and CSX Resurrection Series, yes, over $200,000.

Joe's Garage 10-17-2015 08:50 PM

Quote:

Originally Posted by RodKnock (Post 1367710)
I haven't seen any alloy CSX 4000/6000/7000/8000 for $240,000. If I were Evan, I'd sell at $240,000 all day long and twice on Tuesdays. If you can find any sales publicly variable over $200K, please post a link.

Hillbank always has a few for sale asking $160,000-199,0000.

Now the CSX 1000 and CSX Resurrection Series, yes, over $200,000.

Yup ...

Quote:

Originally Posted by Blue66 (Post 1367693)
Laugh all ya want.. I'd take it right now for that !!:cool:

Quote:

Originally Posted by twobjshelbys (Post 1367696)
Me too. He forgot my comparison was against a fiberglass car. I'm afraid that Even's replacement cost might be a little light these days.

Go for it, Evan would be a fool not to take your money :LOL:

Blue66 10-18-2015 08:01 AM

Quote:

Originally Posted by Joe's Garage (Post 1366495)
Every time I turn around Evan's car loses value, now his appraised value is market value + $105,800 :LOL:

I was talking the $105,800. .. I'd buy it today :D Do you really know how much $$$ that is ??? :confused: Wait a min.. Do you even own a car ?? Evan posted his up so why don't ya post a pic of your frame up ??? I am calling BS on that.

Joe's Garage 10-18-2015 11:30 AM

I think I'll handle this in two parts, folks it's about to get interesting around here ...
Quote:

Originally Posted by Blue66 (Post 1367794)
I was talking the $105,800. .. I'd buy it today :D Do you really know how much $$$ that is ??? :confused: ...

Is that the best you got? Weasel harder my friend, very lame, everybody got it but you :LOL:
If Evan values his car at Market Value ($134.2K) + $105,800 = $240,000 then saying you would buy it for $105,800 is just plain stupid. But we don't need to spend anymore time on this, no saving face from that brainfart.

Quote:

Originally Posted by Blue66 (Post 1367794)
... Do you even own a car ?? Evan posted his up so why don't ya post a pic of your frame up ??? I am calling BS on that.

Ok, I'll play. I'm curious to see if you've got the balls to back up what you say. Let's put a little money where your mouth is. If I'm a liar as you have implied then I'll be totally screwed.

I will bet you $1000 that I do have a cobra replica in my garage, a partially assembled chassis & body to be exact. To prove it's my car in my garage, you give me a 5-10 word statement that I can print out and tape to the front of the car before I take the pic, then I will post that pic here.

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Deal? I'm calling you out Danny boy, I'm betting you don't have the balls, just a lot of hot air :LOL:

Notwithstanding what Danny boy decides to do, consider this bet a standing offer to anyone who thinks I'm FOS about having a partially assembled cobra replica in my garage.

Evan, you want in on some of this action? :LOL:


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