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Kirkham Motorsports

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Old 09-23-2003, 06:52 AM
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I did not have my SPF built for resale. I hope never to have to sell it. I went in assuming that I would never again see a penny of what I put into it. I treat all expenses as "sunk costs." That way, if I ever have to sell, whatever I get is a plus.

Virtually all cars lose value until years pass and fewer and fewer are available. Even then only a few cars are viewed as truly desireable and able to command premium prices. If a person is thinking of investments, much better ways exist than replica cars to potentially make money.

If you are going to invest in cars then invest in classic originals. You will pay top dollar but you probably will over time be able to sell at even higher dollars. Everything else about car appreciation is a crap shoot.

I love my car. It is a joint project of my wife and myself. It has opened up a new world of people and activities to us. It makes us happy every time we see or use it. It is "priceless." It is a keeper. As long as we keep it, all changes in value are "paper" gains and losses.

SPF is a great car. It is not perfect, but no car is. It is great value for the money. It holds value well because its quality and content are known and predictable. Some Cobra replicas are much more variable and are thus discounted more when resold. Even so virtually all Cobras are great value for the money compared to other alternatives in the marketplace. Where else can you get such a beautiful vehicle with such a power to weight ratio and all that goes with it?

Think twice before either buying or selling one of these cars. They are not for everybody, but that is part of their appeal. Do not view them at any time as an investment. Treat them as a cost and enjoy them to the full.
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