1966 427 Cobra for rent?
 

New member with a question that I'm pretty sure I already know the answer to.

Has anyone ever seen a non-replica Cobra for rent?

I am tasked with trying to establish the loss of use for a 1966 Cobra.

You are more likely to find a billionaire renting out his trophy perfect 10 wife. Good luck.

PS
Even if you could find three for rent the price would very so wildly you couldn't make sense of it. It comes down to a personal valuation.

So how many miles per year do they put on the car? If it is only a few hundred, you're not going to make a case very easily. Your honor I am going to miss sitting in the garage and watching dust collect on the car. If you have a specific event you were planning to do and now you cannot, you have a real loss.

On a different angle, if the owner is 30 years old they have plenty of time to make up on the lost time, however if the owner is 80 years old there is potentially little time left. Likewise regardless of age, a major heath issue, especially a terminal diagnosis, this could be a huge impact on enjoying what time is left.

Again the person claiming loss of use needs to explain why this loss of use is valuable to them to justify any number. That number is a personal thing depending on circumstance.

This is a logical analysis. It is not a legal explanation or advice in any way. Just one persons logical way to look at the situation. I give my opinion freely and that is exactly what it is worth, nothing.

I have never seen a non-replica Cobra for rent, but I have rented a replica Cobra with a groupon several years ago.

https://www.groupon.com/deals/imagin...yles-allentown

But it seems they have retired that rental Cobra.

https://imaginelifestyles.com/exotic...jersey/shelby/

There are cars that have been rented for use within the context of movies, TV commercials, weddings, for racing, each has it's own unqiue contractul obligations decided before something in a negative fashion could occur.

With that said:

You'll have to be a lot more specific:
Are you talking about a CSX2000 series car?
Are you talking about a CSX3000 series car?
Are these cars bespoked with a racing history?

Or

Are you talking about a CSX4000 and up series continuation car?
If so, aluminum or fiberglass body?

Finally, once context do you consider loss of use?
Can't go racing (vintage or otherwise)?
Can't take the kids our for ice cream on the weekends?
or
????

The more details, the better off we can respond.

Finally, who are you, and what is are the details of your initial request here on clubcobra?

Bill S.

Yeah, kind of hard to quantify for "loss of use" of an original Cobra. It's not a daily driver so the $20/day thing is probably not meaningful and I doubt any thing you can rent is going to qualify for Amelia.

There is an issue with the chain of title. The plaintiff was planning to take possession of the car in 2017 only to find that it had been sold without theirknowledge and without the title which is still in their possession.

I can only make dollar to dollar comparisons at this point but while one can rent a million-dollar car such as a Ferrari, those can be replaced unlike the Cobra.

It is a CSX3000 series car.
I'm an appraiser doing research in a discussion group that knows a helluva lot more than I do about Cobras.

You did hit on an interesting point, though, and that is - how much to rent a Cobra for a movie or other short-term commercial use?

Guess I'll be calling MGM tomorrow LOL.

The answer simply is you most likely can't. All of the cars used in last year's Shelby movie Ford v Ferrari were all replicas. Noone would take a chance on a real one. There may be conditions, like a static lap with a pro driver but nothing like what you saw in the movie.

I really think you're going to have a hard case proving any kind of daily/weekly/monthly or any other periodic "loss". While some serious owners do take their cars out for tours, most original Cobras aren't daily drivers. They sit in air conditioned garages and are driven to car shows. Ask the owner what he planned to do with it.

Its kindof like how much is a car worth? .....whatever you can negotiate.

Well, I think it’s kind of easy to get a ballpark number. Just google rent supercar and see what the going price is for certain cars, and extrapolate accordingly to the value of the car.
https://www.orlandoexoticcarrentals.com/fleet.html

Since this is an original CSX3000 series car, and the ownership/title chain of ownership is in question, you may want to stop at the saacforum.com web forum. In addition, you may want to let us/them know about the CSX # in question, as you as an appraiser may not have the whole story on the history/chain of ownership to the car in question. Whether you are the "official appraiser" assigned by the courts or not. If you have not been assigned by the courts, and you are working for one side of a lawsuit or the other, then full disclosure is also recommended.

Bill S.

I sent you a PM. Thank you.

Appreciate the response, sent you the contact information for the CSX registrar Ned Scudder at SAAC.


Bill S.

I have a replica, it runs pretty good. I would have to know so much more about who ever before trusting anybody else to drive my car out of my sight. I have met lots of people that after a short while I had come to a conclusion that I would not trust them with my car. Not only damage to my car but liability of injury. I have seen and heard of instances where just a moments of forgetting what could happen and it's too late. Years ago I traded cars with my wife leaving my car with her while i got her new car equipped with a back up sensor system. Then the battery -master switch, fans, electric fuel, pump switches were a problem. She got the master switch but missed the fuel pump switch so the car went about a block before dyeing. I was worried as I drove back up to where she had left the car. First thing you can't just leave this car, next, no two replicas are the same. I have a lack of faith that any passer by would be able to be of much help. I have resolved some of the problem areas but there are a shorty list of dos and don'ts kind of like an airplane. I have an old replica and was mildly worried about leaving it with the repair shop last year. It went OK but part was my car and the other was the people. I happened upon a Cobra on I5 near work on the way home one evening. It turned to be an original 427 and the thermostat housing gasket had failed, He didn't to even try to fix it himself even with my assistance. He had a truck coming.

Thank you, Bill. Ned was nice enough to send me the history of the car. I look forward to hearing the disposition of this matter.

But, back to my hypothetical rental of a CSX 3000, please bear with me, one and all.

There's a $1.5 Million-dollar Bugatti Veyron being advertised online for rent for $25,000/Day.

If you owned that Bugatti along with a $1.5 Million-dollar 1966 Cobra CSX 3000, would you consider renting the Cobra for the same price? If more, how much more? I mean, everything material has a price tag....care to guess what yours might be?

A purely hypothetical question.

A Bugatti Veyron can be replaced with an identical vehicle for a known price.

A real original CSX3000 cannot be replaced.

Can you rent the Mona Lisa?

You are telling me that there is no dollar amount you would consider for a day's or a month's rental of your Cobra.

I don't think it's beyond consideration.
My brother in-law is an electrician in the Hamptons and was recently in a garage that contained, as stated by the caretaker, an original Cobra. Interesting enough next to it was a Bugatti. I don't know the model of but my BIL said they were the only two cars in the garage with covers.
Also consider that this is just a summer home and the cars used only during the summer and most likely only on weekends.

A while back I was fortunate to be invited to go fishing on a 55' sportfisherman. At the time it was a dream come true. I never had expected to even step foot on one. The name of the boat was Just A Toy. Someone asked the owner what's up with the name. His reply, "Hey, it's just a toy". He used it for only fishing.

I don't know what those specific cars mean to the owner but it's very possible they are just unique toys to him. If there was a fire in the garage I bet his first thought would be if the insurance company is going to fully cover the cars.
And if he liked them, he would just get replacements.

Not sure if an owner like that would consider renting the Cobra. $25,000 might not be worth his time. But if rented for a week someone like that might consider it.

Well there is bragging rights.

That's what I'm trying to tell you. If I owned an original, it would never leave my possession. Heck, I wouldn't even let anyone else drive my CSX4000 car. First, they're simply too valuable and irreplaceable. Second, they are the worst handling car you'll ever drive, and a newbie driving off MY $1M+ CAR that has NEVER DRIVEN ONE BEFORE, will almost certainly kill my car at the same time he kills himself. It's not worth the risk!!!

It is also almost certain that the insurance policy on that same Cobra would forbid renting it anyway. The agreed value policy on my Ford GT had such a clause, and it wasn't worth anything near what a Cobra would be covered for.

I don't understand why you're hung up on a "daily rental price". If it were say it was a new car, and like a Ford Focus, you took your $1M+ Shelby Cobra to a Ford dealer for a service and it was still under warranty, you're not going to get a Cobra as a loaner. You'll get a Ford Focus for $25/day.

I sense you're trying to collect some "loss of use", but the reality is that even the new buyer was simply going to park it in a garage under show lights and never drive it.