Brands/builds most likely to hold value

[moore_rb]

Originally Posted by NewYorkGuy

Here is a cobra, cost $240K to build. 0 miles. Never titled. Built this year 2016 and seller wants $199K. Where is the car hobby logic there? Build a car, dont drive it, and sell it for $40K less.

http://vi.raptor.ebaydesc.com/ws/eBa...=1469980176080

No, that car would cost YOU (aka: The average weekend garage mechanic schmo, who pays retail for everything) 240k to replicate - It didn't cost C&C and Denbeste that much, and it is absolutely not being offered on Ebay at $199k without some profit built into the price...

That car has about 140K in Wholesale cost and labor wrapped up in it- C&C Auto probably brokered the build at about $160k, which spun up a fast, easy payday for Kirkham, SAI, and Denbeste...

My guess is that the first person who enters 175-180k, and hits the "make offer" button will have bought themselves a car. Since this one is being offered by it's "originating" Wholesaler, it hasn't had time to be be marked up by a whole series of flippers, each one trying to chisel another 10k out of the end market.

In that 180k range, and with the added bonus of licensed Shelby continuation documentation, this car might actually be a good deal for someone who actually WANTED a polished car with the word "Shelby" instead of "Kirkham" splattered all over the documentation.

Plus, C&C is probably anticipating a buyer that will use their partnering finance company on a 15 year classic car loan (which generates a small kickback of the finance charges, back to the seller)

And, of course the buyer will be out of state (or out of country), so an inflated "closed trailer delivery fee" can be tacked on...

There's still lots of chicken on this bone....