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Kirkham Motorsports

 
 
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  #11 (permalink)  
Old 08-17-2003, 03:39 PM
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Yes, When Shelby puts his name on it whether it be a Ford Mustang or a AC Cobra or a CAV 427SC....it does become a Sheby.

Don't have to like it, I don't, but that is what it is.
It doesn't mean it is a better or worse car, just that it is a Shelby.
As a matter of fact when he puts his name on guitars or caramel-corn it does become a Shelby. Doesn't taste better. Just commands more money.
Those who don't like that, try putting your own name on it and see if it works.
I tried, it doesn't work. Unless your name is Shelby, Tiger Woods, Kobe, Jordan nothing happens to average product.
I have shirts at home that doesn't say Polo, an they are just as good. Just not as expensive.

Those who don't care for Shelby endorsed products will probably still sit on the sidelines and throw rocks.
There's nothing wrong with that either.

You can NOW buy a $40,000 Shelby CSX or a $40,000 something else.
Everyone will adjust and will have a ball, and if all goes well, there will be more Cobra owners in the future. Real, Replica, copy whatever.
Just more Cobras.
That's what I am rooting for.

If the sudden influx of inexpensive Cobras are a concern to what happens to the values of those who paid more than the current going prices, do not shed tears for us. We'll be OK.

However I would wonder what would happen to the values of many others who decide to unload their $50,000 Cobra to go buy a $40,000 Shelby.

Guys, you know something? Market has a way of dealing with the ups and downs. It will balance out just fine and new thresholds will be established.

When GM announced "ZERO" percent financing almost two years ago, I was wondering what would happen to the late model used cars. Who would want to buy a 2001 Suburban at 7.9% when they could buy 2002 at o% with lower payments.

It all came to pass, the trade in values of one year old Suburbans went down so low, the secondary market of used Suburbans didn't change. What they are worth changed.

We sold just as many as before, except the new market decided the trade ins were worth a hell of a lot less.

Before we start slinging mud again because we kind a enjoy to see the CSX owner get kicked in the teeth because they are CSX owners and they paid too much, sit back and wonder what it may do to the value of everyone's car and what it may do to other manufacturers.

Crashing market, whether it be in Real Estate or in cars do not benefit anyone other than hurt a lot of people.

When a market takes a dive, the beneficiaries of the doom and gloom are OTHER consumers who can buy your car or mine for a fraction of what we all thought they were worth.

So market prevails once again. While punishing us, it rewards others. THIS IS THE FREE MARKET. This is what made us better than others.
We'll be just fine.
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