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

[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.

[RodKnock]

Originally Posted by CompClassics

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.

Admittedly, these CSX2000's are I'm sure towards the "lower-end", but they're still recent sales:

CSX2023 January 2016 SOLD $748,000
1962 Shelby Cobra | Gooding & Company

CSX2495 January 2016 SOLD $797,500
1965 SHELBY 289 COBRA ROADSTER CSX2495 - 190063

These cars may have real issues and stories, but I'll leave those opinions to the experts. I'm not one. I have no clue other than the sales data points.