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CC Advertisers
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03-19-2009, 02:29 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,592
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Not Ranked
FYI: Last week's eBay auction, the car was listed for $55,000 or Make Offer. It did not sell.
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03-19-2009, 07:12 PM
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Senior Club Cobra Member
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Join Date: Feb 2005
Cobra Make, Engine: Contemporary, FE, Tremec TKO 600
Posts: 1,988
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Not Ranked
I've got a Contemporary, and I can tell you first hand, they're awesome cars, one of the nicer ones out there. But really, $130,000 invested in a Contemporary? This guy either doesn't know how to count, or he's really not too bright. I don't think I could spend $130K on a Contemporary if I tried. I can just see this guys thought process........"lets see, I have $130K to spend, do I want an aluminum Shelby, an aluminum Kirkham, or a really nice Contemporary that if I am really lucky I can sell one day for $58K." 
Some of the claims these guys make crack me up. I love the Contemporary's, they may very well be the most little known, under appreciated cars out there, but $130K? That's downright funny.  |
03-20-2009, 01:57 PM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 22,025
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Not Ranked
Quote:
Originally Posted by 767Jockey
...they may very well be the most little known, under appreciated cars out there, but $130K? That's downright funny. |
You have to read carefully; it only says " Over $130,000 invested." it doesn't say that the investment was in the car itself.  |
03-20-2009, 03:31 PM
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Senior Club Cobra Member
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Join Date: Feb 2005
Cobra Make, Engine: Contemporary, FE, Tremec TKO 600
Posts: 1,988
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Not Ranked
So what's the rest, registration fees? |
03-20-2009, 07:13 PM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 22,025
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Not Ranked
Quote:
Originally Posted by 767Jockey
So what's the rest, registration fees? |
Collateralized debt obligations in Cobra replica manufacturers.  |
03-20-2009, 09:01 PM
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Senior Club Cobra Member
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Join Date: Feb 2005
Cobra Make, Engine: Contemporary, FE, Tremec TKO 600
Posts: 1,988
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Not Ranked
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04-03-2009, 08:32 PM
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Senior Club Cobra Member
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Join Date: Mar 2005
Location: Manchester,
NH
Cobra Make, Engine: AK1085 (302 Street), HTM111 (427 Comp), CSX2375R (289 Comp) and COB5999 (427 S/C)
Posts: 19,111
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Not Ranked
Doug
Did you ever go and see it?
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04-03-2009, 08:49 PM
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Stolen Avitar
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Join Date: Oct 2004
Location: Brunswick,
GA
Cobra Make, Engine: BDR 1311 428PI
Posts: 3,044
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Not Ranked
Quote:
Originally Posted by patrickt
Collateralized debt obligations in Cobra replica manufacturers. |
Can you depreciate that if it's brought foreword from the previous tax year?
Steve |
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