New name for Replicas by Barrett Jackson

[Anthony]

Just some thoughts.

I think the cobra replica market started because of the extremely high demand of many people to own a cobra, mainly 427 cobra, of which only 350 were built. Even back in the 70's, the 427 cobra's were collector cars, and were relatively expensive when compared to other collector cars such as vettes, such that the 427 cobra's were selling for more as a used car than what they sold for in the 60's as new cars. They have always been relatively expensive compared to other cars. People could build, own a replica cheaper than owning an original, even in the 70's. High demand stimulated multiple manufacturers.

I believe SAI would never have developed/sold CSX4000 cars if it were not for the replica market. I think it was the huge market that got the attention of SAI and encouraged them to come out with the CSX4000 and 7000 cars.

I think that the development of the CSX7000 and Kirkham FIA cars have driven up the price of CSX2000 cars in the last several years, as CSX7000 and Kirkham cars are up towards $100 K, and CSX2000 cars used to be in the low $100 K area. Lately, I've been seeing them in the upper $100 K range. Structurally, the CSX7000 cars are virtually identical to the CSX2000 cars, but without the historical significance. Contrary, to that, CSX3000 cars I think have been stable in the upper $ 200 K and lower $ 300 K range, for nice cars, as the cost of a CSX4000 car or Kirkham SC have never come close to the cost of an original.