$119,000 Cobra??????????

[Maricopa]

With a SPF 'glass Slabside in the classifieds for 97K I'd sat that makes this one a bargain....But of course both are ridiculously overpriced.

[Dimis]

Originally Posted by Maricopa

With a SPF 'glass Slabside in the classifieds for 97K I'd sat that makes this one a bargain....But of course both are ridiculously overpriced.

WOW! Oh my word! You did NOT just say that, did you?!
Blasphemer!

Well I for one couldn't agree more... now ducking for cover!

[DanEC]

Originally Posted by Maricopa

With a SPF 'glass Slabside in the classifieds for 97K I'd sat that makes this one a bargain....But of course both are ridiculously overpriced.

I don't know - IMHO I wouldn't say that SPF Slabside is ridiculously overpriced. That is a really nice car and except for the body material, very faithful to the originals. It's priced significantly under what he has in it as the original owner which reflects these replicas will seldom be worth what it costs for the initial build. Assuming he has a little room to move on the price, if I were in the market for a slabside I think it would be looking at it closely.

[RodKnock]

Originally Posted by DanEC

I don't know - IMHO I wouldn't say that SPF Slabside is ridiculously overpriced. That is a really nice car and except for the body material, very faithful to the originals. It's priced significantly under what he has in it as the original owner which reflects these replicas will seldom be worth what it costs for the initial build. Assuming he has a little room to move on the price, if I were in the market for a slabside I think it would be looking at it closely.

I'm already on record elsewhere about the SPF seller's ad being a bit hyperbolic, but when you say the car is priced significantly under what he or she has invested, I have to question the authenticity of spending $25,000 on a "date coded" 289 and a Toploader. I haven't had an engine built in a while, but that sounds like a joke to me.

Otherwise it's a cute car.

[DanEC]

Originally Posted by RodKnock

I have to question the authenticity of spending $25,000 on a "date coded" 289 and a Toploader. I haven't had an engine built in a while, but that sounds like a joke to me.

I agree the $25k sounds a bit suspicious for the engine and toploader. KC built my FE and toploader - vintage heads, intake, block, transmission and I probably ended up somewhere around $15 to 16K total. It's certainly not date coded - more like "decade" coded. Still think if you could buy that car for around $90-92k I would not have any second thoughts about it.

[RodKnock]

Many, many years ago, I kinda liked them. But then one look at that profile, and I told myself that I didn't want a "stretch limo" looking caricature of a "Cobra." And there's the SB in a BB body "hump" I couldn't get over.

Of course, no disrespect to the MK IV owners out there. Just one person's opinion.

And, in honor of Evan, since he can't be here with us, I'll say "It's all in the Registry."

[RodKnock]

This same AC MK IV was recently listed here on CC for $120K:

PhotoPost Classifieds - 1986 AC Autokraft MK IV Black / Tan, Stunning! - Powered by PhotoPost Classifieds

[RodKnock]

Here's a 1987 AC MKIV, which sold at auction for 61,600 GBP (British Pound). So based on the 9/7/15 sale date, where the conversion rate was 1.53, this MK IV sold for $94,000-ish.

1987 AC Cobra Mk IV | London 2015 | RM Sotheby's

[RodKnock]

Originally Posted by RodKnock

Here's a 1987 AC MKIV, which sold at auction for 61,600 GBP (British Pound). So based on the 9/7/15 sale date, where the conversion rate was 1.53, this MK IV sold for $94,000-ish.

1987 AC Cobra Mk IV | London 2015 | RM Sotheby's

I'll re-post the ACTUAL SALE in EUROPE. Just the facts.

[Dangerous Doug]

Well, when selling set the anchor price by starting high---studies have shown that even random* anchor prices result in higher sales prices.

* Literally random---roulette wheel with random numbers. Amazing how the human brain works.

The internet (and guys like you) are an equalizing force in the market.

DD

[G-Pete]

The current owner reported 2014 he paid $19k for the vehicle.

[peterpjb]

MK IV in europe for sale...

https://www.classicdriver.com/en/car...ra/1986/350810

https://www.classicdriver.com/en/car...ra/1995/366098

https://www.classicdriver.com/en/car...ft/1988/336313

many others with p.o.a....

so: buy this cheap car out here......

[RodKnock]

Originally Posted by peterpjb

car in europe for sale...

https://www.classicdriver.com/en/car...ra/1986/350810

https://www.classicdriver.com/en/car...ra/1995/366098

https://www.classicdriver.com/en/car...ft/1988/336313

many others with p.o.a....

so: buy this cheap car out here......

I came to this enlightened position years ago. And that is you can ask whatever the heck you want for your car, especially dealers.

Alloy CSX4000's are selling for $150,000. And in my book, they're well above AC MKIV's on the "depth chart." The alloy CSX4000 body is accurate (it's a Kirkham ) and you get a big block. Oh, and you get a badge too.

Factual sales data points mean everything. Asking prices, appraisals and other opinions of value mean nothing.

[peterpjb]

Originally Posted by RodKnock

...
Factual sales data points mean everything. Asking prices, appraisals and other opinions of value mean nothing.

ok, but go to a dealer with an asking 200k $ price and offer him 100k $, i suppose you will NOT get the car

[RodKnock]

Originally Posted by peterpjb

ok, but go to a dealer with an asking 200k $ price and offer him 100k $, i suppose you will NOT get the car

I'm told that offers buy cars.

And I suspect that those dealers won't be selling their AC MKIV's any time soon either since the last verifiable European sale is $94,000. At least the last and most recent sale you could find googling.

The last couple of alloy CSX4000's were sold at around $150,000. Evan's CSX4206 is priced at $250,000. Shelby is asking $400,000 for a demonstrator 50th anniversary FIA, when genuine 1960's 289 Cobras have sold recently at auction between $750,000-$800,000.

IMO, there's a similarity or symmetry with those cars and their asking prices.

[CompClassics]

Originally Posted by RodKnock

I'm told that offers buy cars.

And I suspect that those dealers won't be selling their AC MKIV's any time soon either since the last verifiable European sale is $94,000. At least the last and most recent sale you could find googling.

The last couple of alloy CSX4000's were sold at around $150,000. Evan's CSX4206 is priced at $250,000. Shelby is asking $400,000 for a demonstrator 50th anniversary FIA, when genuine 1960's 289 Cobras have sold recently at auction between $750,000-$800,000.

IMO, there's a similarity or symmetry with those cars and their asking prices.

Really $750K to $800K, there must have been some real issues with those Cobras! My personal experience for buying and selling original 289 Cobras is $950K to $11M, a good example "no stories" 289 Cobra should have no problem selling in th $1M range. The exception to this are the Cobras are the purpose built race Cobas (FIA, USRRC, Daytonas, etc) which can command 3+ times the average Cobras selling prices.

[twobjshelbys]

The AC/Autokraft cars have a special attribute in Europe in that they can be registered just like another 1986 car. That has a lot of value over there. The seller here could export it and still make money.

But then the myopic trolls will always have something bad to say.

[RodKnock]

Originally Posted by twobjshelbys

But then the myopic trolls will always have something bad to say.

Must be time to hit the Olive Garden there in Vegas.

Tony, not sure why you always veer towards attempting to insult and belittle me, but the psychology books would probably say that it makes you feel better about yourself, because life isn't treating you well. Maybe turn a new leaf and generate some positive thoughts about others. Honestly, I hope calling me a "myopic troll" makes you feel better about yourself. It doesn't bother me at all.

If you would have read an earlier post of mine, I posted an ACTUAL SALE at an auction IN EUROPE (England) for an AC MKIV. And the price was $94,000 USD. Not so special I guess.

As they say in Vegas, "read 'em and weep."

[twobjshelbys]

Originally Posted by RodKnock

Must be time to hit the Olive Garden there in Vegas.

Tony, not sure why you always veer towards attempting to insult and belittle me, but the psychology books would probably say that it makes you feel better about yourself, because life isn't treating you well. Maybe turn a new leaf and generate some positive thoughts about others. Honestly, I hope calling me a "myopic troll" makes you feel better about yourself. It doesn't bother me at all.

If you would have read an earlier post of mine, I posted an ACTUAL SALE at an auction IN EUROPE (England) for an AC MKIV. And the price was $94,000 USD. Not so special I guess.

As they say in Vegas, "read 'em and weep."

Well, here's how it works with children. Sometimes they misbehave. Sometimes they repeatedly do the same things over and over. Sometimes you explain to them how they are misbehaving is not OK. And sometimes they just keep on doing it and eventually a parent in the 50's and 60's would take that child over the knee and a belt would be involved. I've tried to figure out how to tell you that your a child as politely as possible...

Not only don't you like anything but the cheapest cobras but you seem to have a knot in your panties about Vegas. Always have to find something negative about everything.

It is possible you may think you're being funny. It's not. If so it's time to realize that standup comedy is hard and you should not have quit your day job.

[patrickt]

Originally Posted by twobjshelbys

Well, here's how it works with children. Sometimes they misbehave. Sometimes they repeatedly do the same things over and over. Sometimes you explain to them how they are misbehaving is not OK. And sometimes they just keep on doing it and eventually a parent in the 50's and 60's would take that child over the knee and a belt would be involved. I've tried to figure out how to tell you that your a child as politely as possible...

I think we should just lock RodKnock in a closet then go out and have a nice dinner. If he's still crying when we get home, then we'll just hold his head under water until he stops. How does that sound?