10-27-2014, 06:43 PM
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CC Member
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Join Date: Jan 2001
Location: Sunbury,
VIC
Cobra Make, Engine: Rat Rod Racer, LS1 & T56
Posts: 5,391
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Not Ranked
I produced receipts for most of the major items: Chassis, Engine Trans Wheels etc and they agreed on a value of about $35K from memory. The car was flat black and not very pretty.
It's a bit of a grey area. After the car is painted and trimmed it's value will go up markedly. You could probably justify the increase in value based on improvement made post registration.
Cheers
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Mike Murphy
Melbourne Australia
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