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16Likes

07-31-2016, 10:43 AM
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CC Member
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Join Date: Dec 2010
Location: Tempe,AZ-High Point,NC,
AZ
Cobra Make, Engine: Kirkham #684, 482FE, Mike Mccluskey build
Posts: 2,520
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Not Ranked
Kit cars always loose money unless the buyer is a moron.
__________________
PRIDEnJOY
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07-31-2016, 10:47 AM
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CC Member
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Join Date: Dec 2010
Location: Tempe,AZ-High Point,NC,
AZ
Cobra Make, Engine: Kirkham #684, 482FE, Mike Mccluskey build
Posts: 2,520
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Not Ranked
A Shelby with a Kirkham roll bar and body. Lol.
__________________
PRIDEnJOY
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08-01-2016, 10:29 AM
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CC Member
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Join Date: Jun 2016
Location: Bedford,
NY
Cobra Make, Engine: SPO 963, 351W
Posts: 200
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Not Ranked
Quote:
Originally Posted by fordracing65
Kit cars always loose money unless the buyer is a moron.
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It's "not a kit car". To wit: "Please remember, everything else on the market is a replica. This is the real thing and priced accordingly."
Yah. Someone is in some serious denial. Real thing? I don't think so.
PS - I bought my SPF #963 for exactly $45,000. Yes, they are out there, lots of them.
Last edited by Antny; 08-01-2016 at 10:34 AM..
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08-01-2016, 11:28 AM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,592
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Not Ranked
Quote:
Originally Posted by Antny
It's "not a kit car". To wit: "Please remember, everything else on the market is a replica. This is the real thing and priced accordingly."
Yah. Someone is in some serious denial. Real thing? I don't think so.
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I've become so numb to these statements that they don't even register with me anymore. You just have to remember, they're used car sales people.
Quote:
Originally Posted by Antny
PS - I bought my SPF #963 for exactly $45,000. Yes, they are out there, lots of them.
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Thank you. A real data point.
Again, to reiterate my point, the Cobra replica market tends to be soft. So ANY Cobra replica can be purchased for FAR less than asking price for a quick and easy transaction.
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08-01-2016, 11:56 AM
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CC Member
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Join Date: Jun 2016
Location: Bedford,
NY
Cobra Make, Engine: SPO 963, 351W
Posts: 200
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Not Ranked
Quote:
Originally Posted by RodKnock
I've become so numb to these statements that they don't even register with me anymore. You just have to remember, they're used car sales people.
Thank you. A real data point.
Again, to reiterate my point, the Cobra replica market tends to be soft. So ANY Cobra replica can be purchased for FAR less than asking price for a quick and easy transaction.
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Yup, bought mine about 6 months agao. To clarify; mine's a small block (392 Ford Racing), not a big block. (I didn't want a big block.) But I suspect a BB can be had at a similar price point if one tries hard enough. If I ever sell mine (doubt it, this has been on my bucket list since 1972 or so!), I'd be surprised if I was able to recoup my purchase price. Like you said; these replicas are being built every day, brandy new, ready for waiting customers to say yes. There is no shortage of them. Want one? All one needs to do is pick up the phone and call a dealer. Boom, done. So unless something changes to this very ample supply and demand chain, prices for these will always remain relatively low and negotiable. I think we go into these replicar purchases with the understanding that it's a fun thing that costs money, like boats, etc.
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08-01-2016, 12:25 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,592
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Not Ranked
Quote:
Originally Posted by Antny
Yup, bought mine about 6 months agao. To clarify; mine's a small block (392 Ford Racing), not a big block. (I didn't want a big block.) But I suspect a BB can be had at a similar price point if one tries hard enough. If I ever sell mine (doubt it, this has been on my bucket list since 1972 or so!), I'd be surprised if I was able to recoup my purchase price. Like you said; these replicas are being built every day, brandy new, ready for waiting customers to say yes. There is no shortage of them. Want one? All one needs to do is pick up the phone and call a dealer. Boom, done. So unless something changes to this very ample supply and demand chain, prices for these will always remain relatively low and negotiable. I think we go into these replicar purchases with the understanding that it's a fun thing that costs money, like boats, etc.
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I totally agree.
And one more point. When money has been literally free for the past 8 +/- years, the stock market nearly at an all time high, prices of luxury items like Cobra replicas, tend to be good. I think most of us have forgotten the last time interest rates were high. There will be another day, when interest rates rise, our Cobras won't be selling as well. 
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