What is the Value of my SPF - Page 3

Slojo · #1 (**permalink**) 11-27-2006, 05:12 PM

Not to highjack this thread any more, but what the heck...

What would be the value of 1000+ series used SPF with no engine? Or stated differently, is there a market available to purchase a slightly used 427R?

madmaxx · #2 (**permalink**) 11-27-2006, 05:19 PM

mrmustang

could not have said it better!!

mrmustang · #3 (**permalink**) 11-27-2006, 05:24 PM

Bottom line as to value is that the car is only worth what a buyer is willing to pay for it. Sellers can ask whatever they want for a particular car, but if it's priced too high then he/she will get little to no action and the car will sit on the market forever. I know of a certain FFR owner who thinks his donor build is worth $45,000, he is firm on that price and the car has been marketed at that price for at least two years so far. I know of a SPF in a similar situation where the owner thinks it's worth $72,000 and it too has been on the market for well over a year without a bite. In the current marketplace, it is no longer a sellers market, if a seller really wants to get his car sold, he needs to price it accordingly. If he/she is not competitive in his/her pricing structure, then his/her car will most likely not be the first,second or even third car sold. With "A" type personality buyers with discretionary funds available to purchase at a moments notice dwindling, once again you need to take a step back and take a long hard look at the current marketplace and the reason(s) behind the potential sale of your car. Also, if you are looking at these cars as an investment and not as a toy, you need to have your head examined.

Bill S.

aldersonjames20 · #4 (**permalink**) 11-27-2006, 07:00 PM

Bill,

Thats a good round up of the current situation of alot of cars for sale. I know it took you forever to sell yours, and its definately priced pretty aggressively. I have no intention of doing anything but pumping more money into mine, but possibly someday I will have to sell, and I have no dilusions of getting any money I invest in it. I have a sub 1000 car which has every performance upgrade that the new ones have as mostly standard, and its possibly worth the less than 40K I paid for it. I didn't buy it with the intention of selling, but I think I might get what I bought it for back if I ever do decide to move on...but am fully aware I will possibly lose money as well.

James

madmaxx · #5 (**permalink**) 11-28-2006, 06:03 AM

The market has turned to sellers. There are a couple deals on Cobra Country right now that have me confused. These cars should have sold a month ago. Two BDR's in particular. The real test will be next spring when the weather turns up North. If it is still week by next summer it will be a blood letting. My predictions are it will rebound but not much, there are new players in the game. If you want a true exotic you have to go all aluminium and even I can not afford that, yet.

bdeutsch · #6 (**permalink**) 11-28-2006, 10:54 AM

Mark, I forwarded some questions to you about your SPF yesterday evening via your e-mail address.

I also live in the Sacramento area and am actively pursuing purchase of either a SPF, Kirkham, or Shelby replica.

Looking forward to hearing back from you.

Thanks,

Bob