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16Likes

07-30-2016, 11:44 AM
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CC Member
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Join Date: Aug 2012
Cobra Make, Engine:
Posts: 76
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Not Ranked
Brands/builds most likely to hold value
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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07-30-2016, 12:06 PM
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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
You can get superfromance for mid 40k.
__________________
PRIDEnJOY
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07-31-2016, 12:58 PM
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CC Member
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Join Date: Aug 2014
Location: Syracuse,
Ny
Cobra Make, Engine: Superformance #2660, FE-406
Posts: 372
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Not Ranked
Quote:
Originally Posted by fordracing65
You can get superfromance for mid 40k.
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Where might those be found?
__________________
The older I get, the faster I was.
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07-31-2016, 01:26 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 Tim7139
Where might those be found?
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At the top of CobraCountry.com, there's an SPF asking $52,900. I didn't have to even go beyond the 1st listing. It doesn't take a skilled negotiator to get any Cobra listed in the low 50's to be sold in the mid-40 range. Fast cash closes deals, just need a serious buyer and seller.
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07-31-2016, 05:45 PM
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CC Member
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Join Date: Aug 2014
Location: Syracuse,
Ny
Cobra Make, Engine: Superformance #2660, FE-406
Posts: 372
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Not Ranked
Quote:
Originally Posted by RodKnock
At the top of CobraCountry.com, there's an SPF asking $52,900. I didn't have to even go beyond the 1st listing. It doesn't take a skilled negotiator to get any Cobra listed in the low 50's to be sold in the mid-40 range. Fast cash closes deals, just need a serious buyer and seller.
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That might be, a solid maybe.
Obviously there is a fair amount of latitude between any bid/ask but i have'nt heard of much in the way of a sorted SPF with any kind of decent motor that low, let alone common.
__________________
The older I get, the faster I was.
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07-31-2016, 06:09 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 Tim7139
That might be, a solid maybe.
Obviously there is a fair amount of latitude between any bid/ask but i have'nt heard of much in the way of a sorted SPF with any kind of decent motor that low, let alone common.
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Did anyone say "common"? I may have missed where someone said "common."
Look, you can defend your brand, hallelujah. I honestly don't care one way or another other than to say that there are many, I mean, many, SPF's on the market. There's a large supply of them, at least on Cobra Country. No idea about demand, but as I said earlier, it wouldn't take a skilled negotiator to buy ANY $50,000 (asking) Cobra replica for mid-40's. All it takes is a serious buyer and seller. And it's not even winter.
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07-30-2016, 12:07 PM
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CC Member
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Join Date: Nov 2007
Cobra Make, Engine: Midstates/Shell Valley Street Cobra
Posts: 899
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Not Ranked
Buy used...Superformances appear to bottom out in the mid to low 40's....I just bought a Shell Valley/Mid States Street Cobra with 2100 miles for $34,000.....at this point the car appears to be every bit as good as my Superformance was...
I actually like it better without the roll bars, side pipes ect.... smooth, not so loud...
Last edited by Bartruff1; 07-30-2016 at 12:15 PM..
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07-30-2016, 12:26 PM
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CC Member
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Join Date: Aug 2012
Cobra Make, Engine:
Posts: 76
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Not Ranked
What are thoughts on which holds value best? In general, I assume factory built holds better over kit? As for factory built, Superformance seems to have a better name than Backdraft, if car condition and miles were equal?
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07-30-2016, 01:47 PM
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CC Member
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Join Date: Aug 2009
Location: Phoenix,
AZ
Cobra Make, Engine:
Posts: 1,956
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Neutral
Quote:
Originally Posted by chrisd0729
What are thoughts on which holds value best? In general, I assume factory built holds better over kit? As for factory built, Superformance seems to have a better name than Backdraft, if car condition and miles were equal?
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IMO factory built is a big plus and Superformance seems to sell new or used for 10k more then Backdraft.
You can't go wrong with either one and resale will be better on either one over a do-it-yourself car.
__________________
FFR MK1---Sold
Superformance #884 --- Sold
No more Furds.
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07-30-2016, 02:08 PM
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Senior Club Cobra Member
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Join Date: Mar 2005
Location: Manchester,
NH
Cobra Make, Engine: AK1085 (302 Street), HTM111 (427 Comp), CSX2375R (289 Comp) and COB5999 (427 S/C)
Posts: 19,111
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Not Ranked
Values are generally good on these cars.
Better the replication of 60's car the better.
CSX
ERA
SPF
CCX
HiTech
KMS
Etc
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07-30-2016, 02:26 PM
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Senior Club Cobra Member
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Join Date: Mar 2005
Location: Manchester,
NH
Cobra Make, Engine: AK1085 (302 Street), HTM111 (427 Comp), CSX2375R (289 Comp) and COB5999 (427 S/C)
Posts: 19,111
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Not Ranked
There are few one off brands
Exact
McCluskey
Aurora
289 Hawk
Etc....
Last edited by 1985 CCX; 07-30-2016 at 02:30 PM..
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07-30-2016, 07:25 PM
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Senior Club Cobra Member
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Join Date: Jan 2003
Location: Roseville,
CA
Cobra Make, Engine: 427 Unique Roadster, FE by FE Specialties, 470hp, Top Loader, 3:31 Jag
Posts: 1,716
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Not Ranked
Quote:
Originally Posted by 1985 CCX
Values are generally good on these cars.
Better the replication of 60's car the better.
CSX
ERA
SPF
CCX
HiTech
KMS
Etc
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You missed Unique, which has excellent resale value.
__________________
Phil
CA SPCN 2004-040 complete and legal
http://www.uniquecobra.com/
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07-30-2016, 02:34 PM
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CC Member
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Join Date: Apr 2008
Location: Melbourne,
Vic
Cobra Make, Engine: Some polish thing... With some old engine
Posts: 2,286
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Not Ranked
If it was me in your shoes, I'd hunt for an ERA. (Or contemporary ccx).
Quality cars with a tight supply line therefore prices are likely to stay stable or even see an increase.
Only issue you'll have is finding one am ERA for $40k.
But, the game you're playing is all about your buy in. ie: the lower you buy below market value the better your chances of seeing your money returned to you on sale. This will be true for any kit you decide to purchase.
Good luck with it.
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07-30-2016, 02:38 PM
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CC Member
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Join Date: Dec 2012
Cobra Make, Engine:
Posts: 973
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Not Ranked
Quote:
Originally Posted by Dimis
If it was me in your shoes, I'd hunt for an ERA. (Or contemporary ccx).
Quality cars with a tight supply line therefore prices are likely to stay stable or even see an increase.
Only issue you'll have is finding one am ERA for $40k.
But, the game you're playing is all about your buy in. ie: the lower you buy below market value the better your chances of seeing your money returned to you on sale. This will be true for any kit you decide to purchase.
Good luck with it.
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The contemporary can be found in your range (be very careful, though), but not likely an ERA.
__________________
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07-30-2016, 02:55 PM
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Senior Club Cobra Member
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Join Date: Mar 2005
Location: Manchester,
NH
Cobra Make, Engine: AK1085 (302 Street), HTM111 (427 Comp), CSX2375R (289 Comp) and COB5999 (427 S/C)
Posts: 19,111
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Not Ranked
As stated above.
Check out car even CSX can be a wreck.
Also even the best can have problems. Just buyer knowledge and get help from friends that have the cars or seek your regional SAAC rep.
Always helps.
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07-30-2016, 03:01 PM
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CC Member
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Join Date: Apr 2008
Location: Melbourne,
Vic
Cobra Make, Engine: Some polish thing... With some old engine
Posts: 2,286
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Not Ranked
Just as Jeff said - Any car can be a wreck, brand names not excluded.
Quote:
Originally Posted by 66gtk
The contemporary can be found in your range (be very careful, though), but not likely an ERA.
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E.R.A. 427SC Cobra, Crimson Red, For Sale
This car represents great value for one inclined to stretch a little on a $50k budget.
Just my humble opinion. 
Last edited by Dimis; 07-30-2016 at 03:04 PM..
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07-30-2016, 04:15 PM
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Senior CC Premier Member
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Join Date: Nov 2004
Location: SoCal,
CA
Cobra Make, Engine: CSX #4xxx with CSX 482; David Kee Toploader
Posts: 3,574
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Not Ranked
Quote:
Originally Posted by Dimis
Just as Jeff said - Any car can be a wreck, brand names not excluded.
E.R.A. 427SC Cobra, Crimson Red, For Sale
This car represents great value for one inclined to stretch a little on a $50k budget.
Just my humble opinion. 
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You nailed it with that one Dimis! Beautiful car and seems well sorted. And yes, any of them will have their own issues and idiosyncrasies!  
__________________
All that's stopping you now Son, is blind-raging fear.......
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07-30-2016, 05:11 PM
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CC Member
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Join Date: Aug 2013
Location: Canandaigua,
NY
Cobra Make, Engine: SPF MKII Riverside Racer FIA
Posts: 2,507
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Not Ranked
As previously stated, there are no car makes that are without problems; you need to closely inspect any car and make sure that it has been we sorted and driven enough to work the bugs out. My experience has been that ERA and Superformance hold their values fairly well. You will have a difficult time finding one in the $40K range, although they can be found if you pay attention to multiple sources.
Lot's of good advice in the prior posts.
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07-31-2016, 10:58 AM
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CC Member
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Join Date: Aug 2012
Cobra Make, Engine:
Posts: 76
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Not Ranked
Thanks all for the input here, definitely helpful.
Sorry for any confusion, I'm not looking for an investment by any means. I turn over fun cars too often so I always look to buy them right and get the types of cars that are easy to resell later down the road. If I break even or even lose a little bit over a few years, in happy. Just can't lose thousands on every car I turn over as then the hobby gets too expensive and the wifey is less approving :-)
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07-31-2016, 11:52 AM
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Senior CC Premier Member
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Join Date: Nov 2004
Location: SoCal,
CA
Cobra Make, Engine: CSX #4xxx with CSX 482; David Kee Toploader
Posts: 3,574
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Not Ranked
I'd say that 4413 is a very nice $150k car. 
__________________
All that's stopping you now Son, is blind-raging fear.......
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