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  #1 (permalink)  
Old 06-26-2006, 02:02 AM
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Hi all.

Another dang newbie thread!!!!

After many years of driving around in crap cars, Im finally at the stage in my life when I can enjoy driving decent cars. I am not a Ford or Holden man, either are good, I just pick the best at the time. I currently drive a HSV Clubsport, but....the Cobra is where my heart lies. When the lease is up, I intend to flick the clubby, buy a cheap Mon to Fri car, and fulfill my dream of buying a Cobra for weekends. At this stage it will be a LS1 version.

Is there a for sale section on this forum? If not, where is the best place to look?

Anyway thats it for now...I will bury my head in the search button and probably come up for air in about 2 weeks..

See ya then.

Sled
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  #2 (permalink)  
Old 06-26-2006, 02:11 AM
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Welcome!

LS1 powered cars do not come up often, as they are a relatively new option in the Cobra world.

The best way to find a car is the usuall magazines or your local Cobra Club.

Cheers,

Ben
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  #3 (permalink)  
Old 06-26-2006, 02:51 AM
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Welcome Sled.

You won't be disapointed with a LS1 Cobra but you may be out numbered.

Gav
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Old 06-26-2006, 03:31 AM
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Welcome Sled,
If you don't want to build then Unique Cars Magazine is where I found mine.
Cheers,
Bryan
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Last edited by Bryan Wilson; 06-26-2006 at 03:36 AM..
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Old 06-26-2006, 04:06 AM
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Hi Sled
You would'nt happen to live on the Central Coast your user name looks familiar.
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Old 06-26-2006, 04:52 AM
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Doh, Damn double post.
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Old 06-26-2006, 04:57 AM
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Welcome along Sled.
As Gav has said, you may be out numbered but atleast you arent out powered or outsmarted
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Old 06-26-2006, 07:33 AM
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G'day Sled

You could also look at carpoint and carsales both on the net. There are a bunch of cars there, many of which haven't moved in a long time.

I'm sure some of these owners might move on an offer, dependant on urgency of need to sell.

Happy researching!
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Old 06-26-2006, 07:48 AM
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Welcome to the forum Sled.

Haven't seen any LS1 powered Cobras for sale yet. There are a lot still in construction and a growing number of completed ones on the road. I reckon most of their owners will be so happy with them that they will be reluctant to sell.

Cheers
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Old 06-26-2006, 07:51 AM
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Sled

Likewise.... welcome to the 'Forum'
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Old 06-26-2006, 03:13 PM
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Hi welcome aboard Sled,
Mine may be for sale for the right price .

Regards
Paul
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Old 06-27-2006, 02:21 AM
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Quote:
Originally Posted by Cobra.au
Hi Sled
You would'nt happen to live on the Central Coast your user name looks familiar.

Geez its hard to hide these days.....

Yep, I live on the Central coast. Im a frequent visitor on LS1.com. I think we chatted about Cobras last year.

I start drooling and go weak at the knees when a Cobra goes past. The time is approaching....
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Old 06-27-2006, 05:50 AM
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When I get my Cobra back to gether and the weather is a bit better I will take you for a drive
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Old 06-27-2006, 05:15 PM
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Quote:
Originally Posted by Cobra.au
When I get my Cobra back to gether and the weather is a bit better I will take you for a drive
Thats a very generous offer thats too good to refuse!!!
Bring on the Summer!! My shout for beverages of course.

A quick question/assumption.

Not that money is the issue with a passion, but is it right to assume that the value of a second hand Cobra does not depreciate anywhere near as fast as as the value of a second hand later model performance vehicle.

I understand that building from new with a heap of performance mods does cost a bomb, but for the walk in drive out second hand buyer who is interested in minor 'tweaking' mods such as tunes, induction etc is there much depreciation over the years?
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Old 06-27-2006, 05:22 PM
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One of the reasons that my wife let me play with Cobras is that you tend to maintain a reasonable resale value on the car.

If you do not go crazy there is a good chance you will not throw much money away, unlike most other cars / boats / toys.

Cheers,

Ben
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Old 06-28-2006, 02:00 AM
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Quote:
Originally Posted by HSVREDSLED
A quick question/assumption.
Not that money is the issue with a passion, but is it right to assume that the value of a second hand Cobra does not depreciate anywhere near as fast as as the value of a second hand later model performance vehicle.
I read on the ex House Of Cobras (they sold used Cobras) web site a few years ago, the only person that loses on the sale of a Cobra is the builder.
I brought my car second hand and I believe I could still get my money back if I sold it.
Especially if someone was after a Cobra with a fully polluting Ford engine in it.
Cheers,
Bryan
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Old 06-28-2006, 02:27 AM
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I agree Bryan. It seems recently that the price of cobras have actually gone up a bit. A few years ago there were always a few around the 40 grand make whereas most of them are above 50 or so now. This has probably got something to do with the increase in the cost of building one. It would be nice to sell and make a tidy profit, but that profit would soon be spent on a new cobra anyway.
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Old 06-28-2006, 04:42 PM
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From my experience in QLD, Cobra's sell for more than the sum of their parts. So if you build a Cobra yourself, you can generally at a minimum get your money back if you sell, even years later. Forget about getting your labour back, it's definitely a labour of love.

Professionally built Cobra's with labour charge etc, tend to sell for less than total cost to build them.

It's easier to get your money back at the lower end of the scale. If you go over the top with the build, it will be harder to get your money back. Cheap Cobra's are easy to sell, expensive ones are a lot more difficult to sell.

Also if you style your Cobra so that it has a limited audience, that will hurt resale value.

There are always exceptions to the rule.

One thing I keep in mind is that there are always a limited number of Cobra enthusiasts. There are plenty of people with means and enthusiasm for owning a Cobra, but in the higher price ranges there are also plenty of other nice sports cars to purchase.

You would expect carby based cars to be increasing in value as they can no longer be approved. This doesn't seem to be the case...yet.

Now don't even get me started on GT40 values...
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Last edited by 400TT; 06-28-2006 at 04:46 PM..
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