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  #1 (permalink)  
Old 01-17-2012, 05:28 PM
ICETOO's Avatar
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Cobra Make, Engine: DRB #145, Ford 5.0 HO
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Quote:
Originally Posted by Dimis View Post
Fair point if you live in Virginia

The LPG is to meet emissions standards in AUS & possibly quite "cheap" when you consider what the alternatives are particularly in NSW

Just So....Everything in this over regulated and expensive state is over priced....including used Cobreps and a DIY Build your own is more expensive than it used to be. Some of the prices of the cobs on carsales for NSW cobreps are way over the top...I am not going to pay 65 grand for a car that my insurance will only cover for 50 grand. This was another reason I discounted the FOCUS RS immediately.

There is one guy who has justed dropped his ex NSW rego (current VIC) cobra from 67K to 65K. It is a 95 LPG 351W G force with 8000 kms...similar but 5 years older than the one that I missed at 50K.

Now the next prob here is this car sold on Shannon's about a year ago for 59K odd with a comprehensive defect report on outstandings that apparently still need work.

I understand people are expecting these cars to appreciate but unless you do not really want to sell and are merely keeping the significant other happy by having it up for sale...well set a realistic price.

Even importing a Cobra from interstate will be 3 odd grand to get certified, thence another 2 grand for registration transfer.

Having a look at whats in the USA, (I actually try not to as it is frustrating in terms of bang for the buck)....is amazing...but with the Gillard Import duty taxes, cost of shipping and importing, financing RHD conversion for NSW full rego compliance and thence certification for an OS import, well bolt on 50 to 60 grand on the US advertised price to get it on the road.

Is it no wonder that with the cost of NSW build increased, import and certification reqs from interstate or OS excessive costs, that NSW vendors in the know recognize no competition in regards to import or build market and price their resale to reflect.

So after my wee rant.....the 2002 LPG 50 grand car was 15 to 20 K under the NSW market
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Old 01-17-2012, 06:44 PM
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Quote:
Originally Posted by ICETOO View Post
I am not going to pay 65 grand for a car that my insurance will only cover for 50 grand.
Not sure if you are talking about Cobra's there, but just assisted a customer with insurance of his 2002 Harrison with Shannon's. Covered for $85k, no questions asked. Yearly premium $413.00. It's a fully restored high spec Cobra so I think the insurance value of $85k is justified. He would be out of pocket if it was insured for any less.

I've personally been asked for photos and spec lists by Shannon's to verify the value of the vehicle. Recently they have not had a problem with insuring the vehicle for what I consider to be fair market price.

Just keep looking it is a buyers market, you might even find something even better than the ebay car if you are patient enough.
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