
08-01-2016, 01:00 PM
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CC Member
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Join Date: May 2016
Cobra Make, Engine:
Posts: 31
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Not Ranked
Quote:
Originally Posted by chrisd0729
Back in the market for a Cobra and trying to decide if I'm best suited in my current budget range of 30-40k or, if I'm safer jumping into the 40-50k range to preserve resale value. I'd likely keep the car for a few years (3-5 or so as I get bored and swap out toys every few years) and would like to at least break even when I sell, if not make a few bucks. At my current range, I'm looking at home builds and seeing Backdrafts for mid to high 40k range. If the Backdraft holds its value beter, I'm ok spending the extra cash. Would love to go Superformance or Kirkham but, just can't hit that price range unless I sold my other toys and went with a single toy car.
What are your thoughts on brand if I wan to preserve resale value?
Thanks
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Well in my opinion your thought process needs re-adjusting. Don't buy a car (toy) for resale purpose of hoping to break even or make a few bucks in 3-5 years. For example you may buy a cobra now for a decent deal of 40k but who is to say in 3-5 years that the cobra market may crash and you end up selling it for 30-35k. I have read allot on here and elsewhere to know that each manufacturer has their pros and cons of their cobra. Some are longer, some are wider, some handle better and so on. Lets say you do buy a cobra that holds it value because of its name but you don't like that particular manufactures car because it is not comfortable to drive, or handles not to your liking. Wouldn't you rather drive a car because it will give you 3-5 years of happiness and the love of driving it or because you will be able to sell it and break even.
What you should do is first join a cobra club or go to a cobra show and sit in each of the different makes of cobras to see which one you like the feel and fit of and maybe even drive a manual, automatic, big block, small block. Then once you figure out which car you feel great driving that is the one you should try and buy at the best price you can find and enjoy it and don't worry about the resale.
Just my opinion, and trust me i hate losing money on cars but i have owned enough in my life to realize that comfort and the enjoyment of driving are worth more than the resale potential.
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