What's the best way to sell a Cobra now?

[rdorman]

Originally Posted by mrmustang

If it's a want to sell then I agree with the above, here and Cobra Country. If it's a matter of "you have to sell", then Ebay with no reserve and let the chips fall where they may. While I've never had to sell, I've never used Cobra Country, instead using Ebay as I get world wide coverage for the cost of a local weekly newspaper ad...

Bill S.

What Bill brings up is a very good point. Even if you have no intention of selling it on Ebay (I don't recommend it AND set a reserve high enough that if it does then you are happy), it does put the word out to a very large audience that it is for sale and if you do it right, it could be of help.

[Blue66]

Ebay for quick (what its worth) CASH $$$. Like others have said GOOD pictures and a LOT of them

[Alan7407]

I bought mine on Cobra Country. Was dealing with a fella in Long Beach, CA. who wanted $59K. I offered $57,500 and he turned it down. That was last Sept. It is still being offered on Cobra Country. I think he knows he made a mistake. I finally found one only 15 miles from my house and got it for $56.5K

Bottom line, Cobra Country is great.
Alan

[jdog]

I just sold my Cobra thru a consignment car dealer.

My Cobra sold for $83,999 in one week!

I told him the minimum I'd accept and let him do his thing.

Sure, I had to pay him but, you get what you pay for.

I could have listed it on other websites but I notice that most cars were sitting a long time. I'm spending my money this week!

If I had a tooth ache I'd go to the dentist I wouldn't try to fix it myself. Hire a pro!

Good Luck
jdog

[DAVID GAGNARD]

What's the best way to sell a Cobra now?

--------------------------------------------------------------------------------

I say now... because it seems that the downturn in the economy has really hit the car sales market, as well as housing. I'm wondering whether it would be better to try a local paper or something like Hemmings? Anyone with any Cobra sales experience out there

Your front yard with a "for sale" sign on the w/s........; )

David

[jhv48]

It's the basic laws of supply and demand.

When times are tough, everyone sells their toys first.

Thus, glut on the market and prices drop.

Just like in the stock market and housing market, if you can ride it out till all the "gotta sell this damn car" people take the hit and dump their cars, you will see the supply drop and the demand will rise accordingly.

Cyclical, just like everything else.

Now is definitely the time to buy.

But not as an investment, as a toy!

[meat]

Originally Posted by jhv48

It's the basic laws of supply and demand.

Supply and demand is a model - like the imaginary global warming nonsense - not a law.

And that model doesn't really apply to Cobras. Never has, never will. Cobras are generally pretty immune to market and economy issues. Cobras are worth a certain amount, and someone will pay that certain amount - bull market or bear market.

Your pal,
Meat.

[Got the Bug]

Originally Posted by meat

Cobras are worth a certain amount, and someone will pay that certain amount - bull market or bear market.

Your pal,
Meat.

And that would be supply and demand.

[jhv48]

Don't know about you, but I'm seeing a larger number of cars for sale and it is taking them longer to sell than in the past few years.

The asking prices have remained stable, but that is only the starting point in the negotiation. I haven't heard of many people getting their asking prices unless they had something unique about their car that made it worth the extra money.

We may want to think our cars are worth more, but once again, they are worth only what someone is willing to pay us for it.

So who gives a s--t what they are worth. We built/bought them because we love them. They are worth the price to US. And that's all that matters.

And by the way, supply and demand does effect the price/value of an item. And with more and more Cobras being built every year, the market is getting more and more saturated with product. We may be approaching the saturation point. Once again, supply and demand!

If you HAVE to sell it for any reason in this market, you will be fair game for bargain hunters. Only you can decide at what point the value of "cash in hand" exceeds "car in hand".

[meat]

Originally Posted by jhv48

Don't know about you, but I'm seeing a larger number of cars for sale and it is taking them longer to sell than in the past few years.

Naah. You're just more aware of Cobras now that you used to be. Sort of like you don't notice silver Honda Civics until you buy one. Then it's like everyone has one.

Your pal,
Meat.

[jwd]

Originally Posted by meat

Supply and demand is a model - like the imaginary global warming nonsense - not a law.

And that model doesn't really apply to Cobras. Never has, never will. Cobras are generally pretty immune to market and economy issues. Cobras are worth a certain amount, and someone will pay that certain amount - bull market or bear market.

Your pal,
Meat.

Take a course in basic economics. Supply and demand is what runs the economy. More Cobras are being built everyday. That my friend, causes the prices to drop. People having less disposable income causes prices to drop as well. Fortunately, true collector cars (including original Cobras) are only subject to the latter unlike the other Cobras that are subject to both.
As far as prices being stable, those are asking prices and the cars are not selling. Actual selling prices are ALOT lower.

Jim

[meat]

Originally Posted by jwd

Take a course in basic economics.

No thank you. I took economics a long time ago. I doubt very much that what is taught has changed.

Originally Posted by jwd

Supply and demand is what runs the economy.

Cobras are immune to economic change.

Originally Posted by jwd

More Cobras are being built everyday.

And more are being removed from the roads every day as well.

Originally Posted by jwd

That my friend, causes the prices to drop.

Ah. I see. Okay, well, then let's take the two most mass-produced Cobras out for an economic spin then.

Superformance. A beautiful turnkey-minus vehicle. They've been building these cars steadily for a decade. Prices continue to rise.

Factory Five. Introduced as a sub-$10K kit, they've produced thousands of kits. Prices continue to rise.

Less-produced Cobras all follow those same trends. That, my friend, is fact, not half-baked internet-post "economic theory."

Originally Posted by jwd

People having less disposable income causes prices to drop as well.

Which - of course - explains why recreational vehicles, aircraft, and boat prices all continue to dro ... wait a minute, prices on all of those items continue to increase! It's almost as if people with disposable income continue to purchase these items.

Your theory continues to deteriorate. Let's continue...

Originally Posted by jwd

Fortunately, true collector cars (including original Cobras) are only subject to the latter unlike the other Cobras that are subject to both.

Patently untrue. Again. "true" collector cars include Cobras. ALL Cobras. Even that odd little Goben Cobra.

Originally Posted by jwd

As far as prices being stable, those are asking prices and the cars are not selling. Actual selling prices are ALOT lower.

You don't know that. You're making that up.

Furthermore, "asking price" and "selling price" are numbers that exist regardless of economy.

...aaaaand your theory completely unravels. Glad I was there to help you see the error of your ways.

I've been around Cobras for over three decades. I've watched the ebb and flow of the manufacturers. I've got terabytes of documentation on Cobras - original and replica - selling prices, asking prices, kit prices, auction prices, manufacturer prices, etc. - I know that of which I speak.

I've got just about every assembly manual, original owners manual, brochure, pricing list, parts list, book, magazine, article that is out there. I know that of which I speak.

I appreciate your attempts to change the Cobra marketplace, but it ain't gonna happen. But you did accomplish something today; you made it more important to me that I restart my website so that people can know the historical information about Cobras rather than read conjecture from someone who doesn't know.

Your pal,
Meat.

[SP01715]

Originally Posted by meat

Which - of course - explains why recreational vehicles, aircraft, and boat prices all continue to dro ... wait a minute, prices on all of those items continue to increase! It's almost as if people with disposable income continue to purchase these items.

Your pal,
Meat.

Recreational vehicles and boats are definitely not going up. I live in So Cal (like you) and have a vacation house in Lake Havasu City , and boats and recreational vehicle prices are dropping. Drive around havasu (which is a mecca for boating and offroading) and you will see tons of stuff for sale at reduced prices. Dealers that sell these items are also reducing prices and they are still not selling much. I also have a good friend that built custom choppers and he is looking for other work now.

[meat]

Originally Posted by SP01715

Recreational vehicles and boats are definitely not going up.

Interesting. Down here in Newport Beach the prices of boats change every model year ... and every price change is an increase. At the three largest RV dealership groupings, the prices of RVs go up every model year.

Not sure where you're living ... but if you can pick up a 2008 boat or RV for the same price a comparable model sold for in 1980 you should go out right now buy all you can and caravan them out of Fantasyland into the real world. You'll make a TON of money!

Your pal,
Meat.