Newbie learning about Cobras

[66gtk]

Originally Posted by dansax

I take it the Cobra market is soft. Since posting this I've been swamped with PM's offering cars for sale. This is good for the buyer and will make my search much more interesting. I also keep track of E-Bay and notice most are re-listed again and again.

Soft - maybe, maybe not. The Cobra market goes in cycles. With exception of pre-election jitters last summer/fall the market has been strong and sale prices for good cars have been up. Who knows what will happen in 2017, but we all know these cars aren't getting any cheaper to build. The market fluctuations are always hardest on the most common builds. The very best cars always get good money, and these cars make up a small percentage of available inventory. Just the other day a CSX continuation 'glass car fetched $126K (with fees) on BaT. Somebody overpaid for a SPF at BJ to the tune of well over $100K. As you learn more about the differences in cars and what makes the most authentic ones worth more money at resale, the pricing and stagnant ebay listings will start to make sense. Your budget that you indicated earlier should find you a very nice car, but you won't be able to get a CSX or Kirkham. You need to double your budget for those.

As you search, you will be tempted with offers to buy cars that appear to be available at a discount or "under the money". Please seek the advice of some of the experienced members here or somebody you trust who knows these cars and power-trains you are considering before rushing to buy. There are many cars that appear just fine to the untrained eye, but when it comes to these cars you usually get what you pay for. Good deals can be found, but many have unpleasant surprises you need to be prepared to deal with. Some of these surprises can be very expensive making that "good deal" be a very BAD deal in the end.