Copper & Bronze Cobras at Barrett Jackson Scottsdale 2020

[Phx Mike]

I would say those are fair prices except for the coupe which looks like a bargain

[Anthony]

I was there.

All the cars are a work of art.

[joyridin']

I really thought they were going to go for a lot more considering. especially the Daytona Coupe. I figured that would be well in the 190's to even the low 200k range.

Resto-Mod Corvettes, and rare GM cars are the big money makers. If you do not have those to sell, you aren't getting the big bucks.

[Blue66]

Originally Posted by joyridin'

Resto-Mod Corvettes, and rare GM cars are the big money makers..

Those cars were CRAZY $$$$$$.

[Alfa02]

Was I the only one, to see the blemishes & swirl marks on all the polished Krikhams? As the camera panned around the cars, dark, light, shiny, and dull, spots everywhere. For these to be on Nationwide TV, I don't think they bode well for the beautiful polished Krikham's. I'm thinking it was the quick detail guy's there just before they go on stage, that cause it. Too bad. Cheers TommyRot, Morning Karlos

[twobjshelbys]

Originally Posted by Alfa02

Was I the only one, to see the blemishes & swirl marks on all the polished Krikhams? As the camera panned around the cars, dark, light, shiny, and dull, spots everywhere. For these to be on Nationwide TV, I don't think they bode well for the beautiful polished Krikham's. I'm thinking it was the quick detail guy's there just before they go on stage, that cause it. Too bad. Cheers TommyRot, Morning Karlos

No you are not the only one. And frankly, I think that detracts from the price. Instead of saying "Wow, that's cool polished aluminum that I have to have", the typical buyer says "Good grief, why didn't they paint it, so now I've got to put another 30K into it".

[snakeeyes]

The whims of the collector car market always amaze me. A few years ago a Hemi ‘Cuda was a million-dollar car. Yesterday the most perfectly restored, numbers-matching example I’ve ever seen went for $155,000.00. Per the broadcast the resto receipts were four inches thick and totaled over $250K. And yet there were lifted Ford diesel pickups going for north of $100K.

Ford GTs were also sure money, as were all the “Eleanor” Mustang replicas. Personally I’ll never understand the appeal of the Eleanor cars. But obviously they have appeal.

[twobjshelbys]

Originally Posted by snakeeyes

And yet there were lifted Ford diesel pickups going for north of $100K.

Trucks are the new Mopars. Have been for a couple of years.

[snakeeyes]

Originally Posted by twobjshelbys

Trucks are the new Mopars. Have been for a couple of years.

For sure. Around where I live a modded F450 will get far more attention than an F50. I’m the original owner of an ‘03 Dodge diesel dually, and these days I can’t stop for fuel without someone asking me if it’s for sale. When they hear the mileage (just over 50K) it drives them wild. I take care of my stuff so it’s in nice shape, but I bought it as a workhorse to pull horse trailers and race cars, and it’s bizarre to me that folks view trucks like that as collector’s items now.

[twobjshelbys]

Originally Posted by snakeeyes

For sure. Around where I live a modded F450 will get far more attention than an F50. I’m the original owner of an ‘03 Dodge diesel dually, and these days I can’t stop for fuel without someone asking me if it’s for sale. When they hear the mileage (just over 50K) it drives them wild. I take care of my stuff so it’s in nice shape, but I bought it as a workhorse to pull horse trailers and race cars, and it’s bizarre to me that folks view trucks like that as collector’s items now.

My '04 Ram 1500 has just over 100K and the desert sun has beat the paint on a couple a fender and end gate that got repainted over the years. I'm probably going to get a complete repaint and touch up some other minor dings while I'm at it. It's a new truck otherwise. The only thing I can complain about is the heat/ac baffle seems stuck (apparently a common failure).

[snakeeyes]

Originally Posted by twobjshelbys

My '04 Ram 1500 has just over 100K and the desert sun has beat the paint on a couple a fender and end gate that got repainted over the years. I'm probably going to get a complete repaint and touch up some other minor dings while I'm at it. It's a new truck otherwise. The only thing I can complain about is the heat/ac baffle seems stuck (apparently a common failure).

Mine has the same issue with the baffle, I think, but it’s intermittent. Yes, repaint that truck and then in about ten years we can run them across the block at B-J and watch them bring in the big bucks

[twobjshelbys]

Originally Posted by snakeeyes

... went for $155,000.00. Per the broadcast the resto receipts were four inches thick and totaled over $250K.

Many times the commentators will state that restorations rarely recoup the cost. At best it's free labor.

[RUFdriver]

Originally Posted by twobjshelbys

Many times the commentators will state that restorations rarely recoup the cost. At best it's free labor.

Pennies on the dollar. A lot of the pure custom cars and offbeat restorations took a severe beating. When you go full custom or full restoration on something out of the norm, you roll the dice and takes your chances.
BJ is a buyers market for sure.

[twobjshelbys]

Originally Posted by RUFdriver

Pennies on the dollar. A lot of the pure custom cars and offbeat restorations took a severe beating. When you go full custom or full restoration on something out of the norm, you roll the dice and takes your chances.
BJ is a buyers market for sure.

I assert the same is true of almost all of these unfinished Cobra kits. By the time someone sinks all the time, materials and tools needed to finish it properly they rarely can be considered a wise choice. Most aren't worth it even if they paid you to take it away. Sure, if you love fabrication then go for it, but if you think you're going to pick up someone's unfinished business and even break even on it down the line, you're on some bad drugs. If that were the case we'd see dealers turning them over daily and that doesn't happen.

[Blue66]

Originally Posted by twobjshelbys

I assert the same is true of almost all of these unfinished Cobra kits. By the time someone sinks all the time, materials and tools needed to finish it properly they rarely can be considered a wise choice. Most aren't worth it even if they paid you to take it away. Sure, if you love fabrication then go for it, but if you think you're going to pick up someone's unfinished business and even break even on it down the line, you're on some bad drugs. If that were the case we'd see dealers turning them over daily and that doesn't happen.

When I was young an foolish I would dive into a project like that.. Oh I did.

[Mark IV]

Originally Posted by snakeeyes

as were all the “Eleanor” Mustang replicas. Personally I’ll never understand the appeal of the Eleanor cars. But obviously they have appeal.

A replica of a non-existent "Shelby" from a crappy movie and someone thinks it's worth 300K!?!?

I understand some of the "original" restomods going for money, they aren't cheap to build and I would guess most are sold at a loss of time and money so if you want one, a good way to go but those "Eleanors"..............

[TimG427]

The lights on stage didn't do any favors for the Cobras, I'm not sure why. In the display gallery, they looked amazing. The bronze Cobra was very well presented, the copper and aluminum Cobras could have used some more preparation. The aluminum, bronze and copper Cobras had the stainless chassis option.

[redmt]

Cost vs. value. Cost is whatever you can get somebody to pay. Value is what it's actually worth to YOU. Along those lines somebody that just wants a "Cobra" as a daily driver would have no more "value" in a Kirkham vs. a Factory Five. Just my opinion, yours may be different.

[Karl Bebout]

Hopefully the new owners might actually DRIVE the cars, but I know that's highly unlikely.
Their money, their car.
As for me, I don't spend much time doing the wax-on, wax-off thing. My car is for MY enjoyment and that entails lots of driving along with the inherent dangers like stone chips and nicks and dings and maybe the rare off road experience.

Hey, TommyRot

[TimG427]

I'm pretty sure the new owner will drive the bronze one.