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Kirkham Motorsports

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Old 04-08-2015, 09:23 AM
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DrivinWest, that is a great idea and will look up that group. I actually have put my hands on several cars including FFR, BDR, SPR, EM just to name a few but playing with a few more is always fun.

MrMustang, my budget is dynamic and dependent on the car I find. If I buy used, my range is $25K - $40K and if it is over $40K, then I will buy new and that budget is up to $60K -$65K. On used cars, I always look for under priced so I at least break even when I sell. When I buy new, I know I sacrifice the savings to get exactly what I want.

When I started looking for my next toy, I narrowed down my choices to the following:

Cobra Replica
Jaguar E type Series II Convertible
C1 Corvette
246 GTS Ferrari Dino

The 246 Market has heated up and they are a little over priced now (maybe on the next down turn it will be time to buy). I am not much of a Vette fan but love that C1 body style. That market has also heated up and that car is in the $50K+ range and I am not a big enough Vette fan to spend $50K - $70K on that car. That leaves the E-Type (now you know why I like the Replica's with the Jag IRS) and the Cobra. I have owned 4 British cars and 2 British motorcycles and know they can be a booger to keep running. The Jag is $40K - $70K. The Cobra gives me a really good looking car that has some performance behind it (better than anything I mentioned above) and reliability. For now, the Cobra leads the pack but I may bail on you guys if I find a solid E-Type. I am heading to the Mecum Auction on Friday to bid on both a BDR and an E-Type. The E-Type is a Series III so I would have to get it cheap to make it worth it for me.
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Old 04-08-2015, 10:26 AM
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Quote:
Originally Posted by GT11 View Post
DrivinWest, that is a great idea and will look up that group. I actually have put my hands on several cars including FFR, BDR, SPR, EM just to name a few but playing with a few more is always fun.

MrMustang, my budget is dynamic and dependent on the car I find. If I buy used, my range is $25K - $40K and if it is over $40K, then I will buy new and that budget is up to $60K -$65K. On used cars, I always look for under priced so I at least break even when I sell. When I buy new, I know I sacrifice the savings to get exactly what I want.

When I started looking for my next toy, I narrowed down my choices to the following:

Cobra Replica
Jaguar E type Series II Convertible
C1 Corvette
246 GTS Ferrari Dino

The 246 Market has heated up and they are a little over priced now (maybe on the next down turn it will be time to buy). I am not much of a Vette fan but love that C1 body style. That market has also heated up and that car is in the $50K+ range and I am not a big enough Vette fan to spend $50K - $70K on that car. That leaves the E-Type (now you know why I like the Replica's with the Jag IRS) and the Cobra. I have owned 4 British cars and 2 British motorcycles and know they can be a booger to keep running. The Jag is $40K - $70K. The Cobra gives me a really good looking car that has some performance behind it (better than anything I mentioned above) and reliability. For now, the Cobra leads the pack but I may bail on you guys if I find a solid E-Type. I am heading to the Mecum Auction on Friday to bid on both a BDR and an E-Type. The E-Type is a Series III so I would have to get it cheap to make it worth it for me.
Wow, that's a huge budget range. The 246's are $400,000 +/- and have actually cooled down recently. The past 2-3 years they've run up.
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Old 04-08-2015, 12:07 PM
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I started thinking about my next toy when I sold my Boxster and so that list was made in 2008. Car prices crashed in 2008/2009 and the 246 was more affordable than it is now. Of course, like everyone else, when the economy gets bad we stop spending money on toys and I missed the window for the 246. I then got my MBA in 2008 - 2010 and started doing some PE/Venture deals immediately after that. I have finally started slowing down enough to think about a car again (a little fib since I bought a new Jeep Wrangler last year for a toy, currently my only car toy).

Outside of the Dino, everything else is pretty close to the same price. I will come out cheaper with a used Cobra Replica and if I can swing a great deal on a nice used Cobra Replica, I will have enough room left to buy the other replica that I want, which is the Beck Porsche 550 Spyder.

Probably way more info than you guys wanted but it will help you understand my thought process and what I am trying to accomplish. I just hope oil prices stabilize because I may get cold feet again.
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