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Kirkham Motorsports

 
 
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  #16 (permalink)  
Old 05-21-2003, 08:25 PM
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What happened when Enzo Ferrari died, same kind of question, but more to the point in this scenario.

Ferrari prices immediatly shot up, in the short term! Then dropped like a rock sometime after that. The "new" models after his passing were blasted as being "unreliable", NOT "friendly" and various other reasons. The OLD Ferraris held their value quite nicely thank you! In the last few years the NEW Ferraris have undergone major changes in design in the COCKPIT. They are much more "user friendly", more reliable, more cost effective. I wonder if Enzo isn't rolling over in his grave at this! Yet, Ferrari is doing OK, sales are up, they just "adjusted" to todays market.

I think a VERY similiar thing will happen when Shelby passes the torch. The Old CSX2000/3000 series cars will hold their own ANYWAY it goes down, increase steadily no matter what!

The NEW CSX4000 series cars and others WILL increase dramatically at least in the SHORT TERM (30% I estimate), then they will fall off a little down the road and finally stabilize and steadily INCREASE in the LONG TERM. I estimate they will increase at a rate of about 15% a year AFTER they stabilize for years to come, and then less after that. Making the Shelby Cobra a nice little investment for those with the money AND the balls to ride it out!

Hey Evan, is 15 to 30% return on your investment enough to put up with the stuff you do? LOL,,,,,might be!

Cars built AFTER Shelby passes will forever remain a mystery as to value and potential value. Much will depend on WHO runs the company and HOW it is run. I would not want to "bet" on Cobras built AFTER Shelby, to risky to tell. Try the old "8 Ball" on that one, it's about as accurate as your going to get!

Ernie

Last edited by Excaliber; 05-21-2003 at 08:34 PM..
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