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  #1 (permalink)  
Old 04-16-2008, 04:44 PM
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Danr55 if you can wait for a year you can buy the carbon car. I might let you drive it now and then though.
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Old 04-16-2008, 06:55 PM
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Meat

Your lengthy post proves that you don't have the slightest idea of what you're talking about. I won't waste internet space proving everything you said as about as far from the truth as you can get. Continue to living in your fantasy world.
I refuse to have a battle of wits with an unarmed person.
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Last edited by jwd; 04-16-2008 at 06:57 PM..
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Old 04-17-2008, 08:10 AM
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Quote:
Originally Posted by jwd View Post
Your lengthy post proves
Your post only proves that you're trying to start a fight.

Good luck with that.

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Old 04-16-2008, 07:36 PM
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The "economics experts" don't seem to understand the difference between value and price.

Prices will obviously go up as value of the dollar decreases. Doesn't matter if it's a loaf of bread, a gallon of gas or a Cobra. A 1990 dollar obviously had more "value" than today.

Pretending Cobras like any other mass produced luxury item are immune to economic conditions is either foolishness or ego. But there's little chance of making some see beyond thier opinion.

Meat, feel free to pick my post apart as well... (you seem to enjoy doing it on a regular basis)
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Old 04-16-2008, 08:05 PM
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lets see SPF is on car 2900, while there were 800,000 F150's produced last year, probably 100,000 corvettes. Yes there are definetly more cobra's but they are still a fraction of a percent as compared to most cars. I know a new lexus ls 430 cost 57K 4 years ago, today you can buy it for $30K, A new SPF cost $55K? today you buy it for $49K, in another 4 years the ls 430 will be 10K the SPF will be $48K. May not be an investment but there are worse cars to spend your money on.
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Old 04-17-2008, 08:27 AM
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Originally Posted by madmaxx View Post
lets see SPF is on car 2900, while there were 800,000 F150's produced last year, probably 100,000 corvettes. Yes there are definetly more cobra's but they are still a fraction of a percent as compared to most cars. I know a new lexus ls 430 cost 57K 4 years ago, today you can buy it for $30K, A new SPF cost $55K? today you buy it for $49K, in another 4 years the ls 430 will be 10K the SPF will be $48K. May not be an investment but there are worse cars to spend your money on.
Exactly.

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Old 04-17-2008, 09:18 AM
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West Coast guys should consider the Pomona swap meet. Many international buyers with cash money
I'm going to give it a shot this weekend
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Old 04-18-2008, 07:45 AM
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Quote:
Originally Posted by madmaxx View Post
lets see SPF is on car 2900, while there were 800,000 F150's produced last year, probably 100,000 corvettes. Yes there are definetly more cobra's but they are still a fraction of a percent as compared to most cars. I know a new lexus ls 430 cost 57K 4 years ago, today you can buy it for $30K, A new SPF cost $55K? today you buy it for $49K, in another 4 years the ls 430 will be 10K the SPF will be $48K. May not be an investment but there are worse cars to spend your money on.

And 500,000 GMC Sierras have been sold!

So friggin what!

Apples to oranges.

Who gives a rats ass what a Lexus goes for or how many Ford F150's have been made.

Cobras are a specialty car for a very limited market. They have no practical purpose (can't haul fertilizer, take the kids to school, go for groceries, take the family on trips, etc.) other than to get from point A to point B in the least amount of time.
They are an emotional experience period. And as long as there are individuals with the EXTRA DISPOSABLE INCOME to purchase these toys, their value will remain somewhat constant.

They (replicas) are not now, nor will they ever be a good investment, money wise. But they are an extremely good emotional investment.

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Old 04-18-2008, 07:59 AM
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Quote:
Originally Posted by jhv48 View Post
They (replicas) are not now, nor will they ever be a good investment, money wise.
I'm sure my Cobra has done better over the last two quarters than my stocks have.
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Old 04-18-2008, 08:01 AM
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Quote:
Originally Posted by jhv48 View Post
And 500,000 GMC Sierras have been sold!

So friggin what!

Apples to oranges.

Who gives a rats ass what a Lexus goes for or how many Ford F150's have been made.
People who believe that there's such a thing as "basic laws of supply and demand" and that that model applies to Cobras.

Quote:
Originally Posted by jhv48 View Post
Cobras are a specialty car for a very limited market. They have no practical purpose (can't haul fertilizer, take the kids to school, go for groceries, take the family on trips, etc.).
Cobras are a niche vehicle for enthusiasts. They can haul fertilizer, they can take kids to school, they can be taken to the store for groceries, and I know of at least a few that have been taken on trips cross country as well.

Quote:
Originally Posted by jhv48 View Post
They are an emotional experience period. And as long as there are individuals with the EXTRA DISPOSABLE INCOME to purchase these toys, their value will remain somewhat constant.
All cars are an emotional experience. Some moreso than others. There is no such thing as 'extra disposable income;' there's either extra income or there's disposable income.

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Originally Posted by jhv48 View Post
They (replicas) are not now, nor will they ever be a good investment, money wise. But they are an extremely good emotional investment.
Cobra replicas are an excellent choice for an automobile. In fact, they're an excellent investment. They don't devalue like other production sports cars, they are easy to maintain, and - in the end - they're generally worth exactly what you paid for them when you go to resell them ... even after you put miles on the car.

You, my friend, need to stick with your apples and oranges; you're not really good when it comes to cars.

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Meat.
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Old 04-18-2008, 08:29 AM
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1 and 4 are contradictory. If supply is high or demand low ,then they will not be a good investment, in fact if you sell it for what you paid for it , it is not a good investment either. You have tied up funds that may have been used to actually increase value.
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Old 04-18-2008, 09:10 AM
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Quote:
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in fact if you sell it for what you paid for it , it is not a good investment either. You have tied up funds that may have been used to actually increase value.
If I sell my Superformance for what I paid for it, like you say - not a good investment. I know how to do better. But that's pretty good for a car.

I bought used because I didn't want to "invest" in new. Didn't want that much $ tied up in it. Also, the used car gives me a better chance to not lose anything if I sell.

For me the interesting question is - Would I have bought my used Superformance if I knew it would depreciate like most cars. ie - be worth nothing in a few years. I don't know. Maybe not.
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Old 04-18-2008, 09:48 AM
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in fact if you sell it for what you paid for it , it is not a good investment either. You have tied up funds that may have been used to actually increase value.
I disagree wholeheartedly for the simple reason that if the person with the money is looking to purchase a car, they're not looking to use that cash to invest in something that will "actually increase in value."

Furthermore, with Shelby getting closer and closer to kicking off, there is the real possibility that cars touched by Shelby may actually go up in value. It happened with Ferrari, and - while past performance is no indication of future results - there's no reason to believe that it won't happen again.

On a more positive note, you're incorrect in the belief that using the money to purchase a Cobra rather than any other car is a 'bad investment.' Cars - Porsches, Corvettes, Vipers, etc.; the fleet vehicles of the midlife crisis - are generally only worth 60% of what you pay for them in three years. In five years, they usually reach the low point - 30% of the purchase price - and stay there. A Cobra replica, on the other hand, remains at a constant value for three years, five years and - generally beyond.

Therefore, it doesn't cost you anything to own a Cobra. THAT'S a good investment.

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Meat.
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Old 04-18-2008, 08:47 AM
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geez, has THIS thread gotten off-topic a bit????
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Old 04-18-2008, 08:51 AM
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that is the nature of conversation. The original question was answered in two responses
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Old 04-18-2008, 01:10 PM
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Going to borrow and modify an old set of lines from the movie War Games

Computer: Strange game professor, the only way to win is not to sell .

For those who have emailed me, I'll stand by my original post and leave it at that. As for the market being up or down, I believe right now it is a buyers market, and not a sellers market. Ask whatever price you want for your cars (cobras, SUV's, etc), but when the time comes to sell, be prepared to negotiate if you really are interested in removing yourself from the cars title/MSO........


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Old 04-18-2008, 02:36 PM
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cobra is not a good MONEY investment. Neither was Enron, Sunw, cisco, intc or an other of the 100's of dot com.stocks. I guess I could mention fidelity select technology and electronics and just about everyhting elso I owned LOL!! I bet there are some in the real estate market wished they bought a cobra.

You live, you work (most of us) and if you can at times play. Cobra is a toy but relative to other toys of the same inital costs such as boats, small planes, vacation time shares, which usually require off sight storage, higher insurance, heavy tow vehicle etc in the end you will spend less.

At the looks and attention you get when driving is priceless.

PS I made 10K profit on my first cobra.
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Old 04-18-2008, 02:58 PM
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never said you could not lose money in other ventures nor did I say you could not make money on the sale of a cobra,my Kirkham sold for 20K more than I had in it, but I do not have them for investments.
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Old 04-18-2008, 05:27 PM
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There is obviously a wide range of opinion on what is driving this apparent glut of Cobras on the market. How much of it do you think is genuine financial distress, and how much of it is "chumming". For you non-fishermen, chumming is throwing bait off the back of the boat, and waiting to see what comes up to bite at what is being offered.
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Old 04-18-2008, 05:46 PM
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Default chumming is throwing bait off the back of the boat, and waiting to see what comes up

I thought "Chumming" was asking your guest friend to jump in the water after that certain blood dripped $50 bill fell in the mess just a few minutes before. All by accident of course "Offsiisser, she was just there and then swoosh...she was gone. Don't know what happened to her". "Some guy with big black eyes took her"
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