Need Help with pricing my Cobra
 

Would like to get everyones opinion on pricing my cobra for sale to a friend. So i need realistic opinions on my CCX-34021. I'll attach build sheet with a picture on it. The cars paint is in great shape but has rock chips in normal spots. 5600 miles on it now and it was the last built 427 contemporary cobra. I'll be taking it over tomorrow to an airshow and some friends will be looking at it here local. They have an honor system there where whoever you buy a car from in the group, if you decide to sell, you must then offer back to original seller for same price if he wants it, 2nd a friend for no more then purchased and he also must agree to same terms. Pretty amazing cars in the group. They keep prices realistic so nobody ever gets negative in a purchase. Need help with Realistic pricing here.... any opinions and help appreciated. Keith in Florida


-----Original AD below when i purchased it year and half ago ----



http://www.cobranet.com/coppermine/a...Freds427-1.jpg



Big Block Contemporary Cobra, built with the best parts available at the factory! Look at all the premium brands for sale and most cars dont have half the value in parts/construction to them as this one does. A ton of money was spent on the construction of this car! The brake system alone would cost about 9K to buy.


1997 Contemporary 427
Last Factory Assembled Contemporary 427
Titled as 1966 Ford Convertible
4800 Miles
2,650 lbs/wet w/9 gal gas

Body

Cobalt Blue Pearl Deltron Basecoat/Clearcoat Urethane Paint
White Le Mans Stripes
Red Team Fender Stripes
Chrome Quik Jacks
Aluminum Oil Cooler Shroud
Aluminum Nose Shroud
Aluminum Engine Compartment
Aluminum Hood Liner
Aluminum Hood Scoop - (Functional) Installed with stainless button head machine screws
Chrome Roll Bar
Drivers side mirror (have another NIB for passenger side)
Wind WIngs/Sunvisors
White Side Pipes Airborne Ceramic Coated - Special high performance low backpressure resonator design not glass paks)
Leather Seats
Carroll Shelby Gauges ( Have Smiths Gauges to go with car)
Wilwood Brake Proportioning Valve
Chromed hinges and latches
Howe NASCAR Aluminum Radiator
Puller Electric Fan
Front Dual Shelby Fans
Inside Of Passenger compartment lip finished underneath
Inside lips of Wheel Wells finished underneath
Custom lower dash bow ( to prevent flexing of dash)
*** Transmission tunnel fitted with custom internal steel shell liner to protect occupants in the event of a driveshaft failure.
Custom Pedal Assembly

CHASSIS

2nd Generation Contemporary round tube frame - This car has the steering rack factory installed with a reengineered geometry to completely eliminate all bump steer. Had Contemporary gone forward, this geometry would have been made standard.
Entire Frame/Suspension Powdercoated Black
Watts Link Rear Suspension System - Polished Aluminum
2.88 Salisbury independent rear center section (Trans has 1:1 5th gear no overdrive)
Coil Over Front End / Carrera Coil Over Shocks (6)
Delrin Suspension Bushings
Custom Billet Front Control Arms (E Jag geometry)
Billet Hubs/carriers
Jaguar Rack
Custom Rear Control Arms
Custom Rear Half Shafts
Triangle Engineering Custom Aluminum Foam Filled Fuel Cel
Billet "COBRA" Rear Tie Bar
PS Engineering Pin Drive 17" Wheels
Kumho Street Race Tires 315 rear 265 front
Stainless Steel Spinners/Knockoffs
Custom Alcon 4 Piston 14 inch rotors front 13 inch rotors inboard rear 90 Compound Pads
Auxiliary Emergency Brake
Original Ford Expansion Tank Restored w/ Black Basecoat/Clearcoat Urethane
CNC Billet Master Cylinder
Stef's Fabrication Radiator Overflow Tank


DRIVETRAIN

ENGINE

Assembled with ARP Fasteners

1968 NOS 427 Sideoiler Block standard bore 4.233
Oil Gallery Restrictors Installed and Oiling System Blueprinted To Feed Lifter Galleries and Pump Oil Through Pushrods to top end. far superior to normal 427/FE System.
Relief Valve Shimmed to provide 60 PSI Oil pressure/idle
Block Honed, Line Bored, and trued/decked By Pat Musi Performance
10/10 428 CJ Crankshaft Internally Balanced and Micropolished
ESP Rods / ARP 8720 Rod Bolts
Diamond Racing Forged Pistons 10.25:1 Compression
Hoffman Machine H -13 Tool Steel Wristpins with dual circlips installed
Edelbrock MR Aluminum Heads Ported by Pat Musi Performance
Manley Severe Duty Stainless Valves 2.225/1.750
Crane Dual Valve Springs Retainers
Perfect Circle Teflon Valve Seals

Clevite Engine Bearings
Mellings High Volume Oil Pump
Heavy Duty Oil Pump Drive
Jeff Johnstone/ Billet Fabrication Custom Oil Pan and Windage Tray
Crane Solid Mechanical Roller Lifters
Crane R - 246 Mechanical Roller Cam 246/256 @.050 .580/.601 lift
Jesel Competition Pushrods
Jesel Custom Shaft Mount NASCAR Valvetrain
NOS Ford Flywheel
Edelbrock Aluminum Water Pump
MSD Billet Distributor
MSD 6A Ignition Control
McLeod High Torque Starter
Holley High Pressure Mechanical Fuel Pump
Black Powder Coated Fuel Rail
Original 1968 Ford Tunnel Wedge MR 427 Dual Quad Intake with pair of Original 1968 735 Holley 4 BBl designed for 427 dragsters
Billet Remote Oil Fileter Mount/Braided Stainless hoses/AN Fittings throughout.
Aluminum Snorkel Breather
Pentroof 427 Valve Covers ( Now have Cast Aluminum Cobra Installed)
Original 427 Harmonic Balancer
K&N Air Filters in Hellings Chrome Housings

Performance:Flywheel on Hoffman Dynomometer 603 HP @ 6700rpm /590 Ft Lbs @ 4800rpm stays at 180F all day long in traffic on a 90 degree day. (100 Octane)

TRANSMISSION

Richmond 5 Speed (Shifts w/o clutch)
Long Shifter/Handle
Lakewood Blowproof Bellhousing (Powdercoated)
Hayes 11 Inch Clutch/Throwout Bearing
Hydraulic Slave Cylinder

Really nice car. Lots of top quality parts. If I were in the market, I'd be willing to pay 45-50k for it.

Hope that helps.

Be very careful with the test drive............see the Nor Cal breakfast post. That was a test drive. Good luck with the sale its a nice ride you have there.

Nice car...probably worth much more than you will get for it (I'd guess 60's +). Selling a car is a business deal. Don't do business with your friends, or they will probably not be your friends for long. With a car like this, someone is going to get the short end of it. After awhile it will nag you (or them) and there will be hard feelings. Take my word for it. There are many others who would like to own your Cobra. Be patient and your car will sell.

I have always avoided (like the plague) selling a car to a friend or family member. Whew, is THAT asking for trouble. So when I sold my Excal to a fellow I never met before, I took the check and 'spit the scene' post haste. He kept calling, nicely, wanting more info on the car, etc. Over the years we've become great friends, and I still get to drive the Excal on occasion! Go figure, maybe it's OK to sell a COBRA to a friend...?

Nah, I just got lucky. :D

Really nice specs on the motor, sounds like the compression may be a bit to high for my taste. Not crazy about the solid roller lifter cam either, the rollers being subject to failure around 8 to 10K miles. Other than that the basic specs leave me drooling! Sure it's worth $60K, but finding a buyer at that price will be tough and the competition in that range is fierce. $50K or so is probably more realistic. The trans and rear gear choice is interesting, I like that a LOT. Hard to beat the look of dual fours. Whew, NICE ride!

Phil Henny had one with just about the same specs that he was asking $60 K for. He sat on it for awhile and then he sold it for a bit less, but not by much. Contemporary Cobras are very well built cars and in good shape should bring a premium, especially with the 427 in it!

The Contemporary Cobra is the car that sold me on a replica Cobra. A friend of mine had one back in the eighties and it was then that I realized I could someday afford to buy/build one for myself. It took me awhile, (kids, divorce, college, etc.) but I'm there and my ERA is almost ready for the road.
Good luck selling that fine car.

Sweet car!
Make sure to pass along owners group info to new owner.
Lots of nice parts make up that car.
Best of luck! :)

sorry misread