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Kirkham Motorsports

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  #1 (permalink)  
Old 08-26-2008, 10:18 AM
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Cobra Make, Engine: SPF 2613 Titanium w/Black, Roush 402SR
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Quote:
Originally Posted by 1985 CCX View Post
Rule of thumb:

The value of a replica is based off the cost of the build, accuracy to original specification and cost to replicate.

Cost to replicate can be different than the cost of the build as some parts are harder to re-source than others. In most cases the original owner will lose a few bucks. However the upside is that they all hold value better than typical Detroit or Asian counterparts. High end cars hold value better than hot rod versions.

Are Replicas ever Collectible?
My opinion = NO! That would be reserved for limited edition cars like the original 60's cars or even the new Ford GT. The 40th year car, R-model, 1000 series, etc are marketing techniques to sell at high prices into an already saturated market.

KMS cost more in the start and generally have more accurate appointents = better value for the buck
A low end glass car with funky paint, hot rodder seats, cheap appointments and low replication value = will be worth less......
Agree. If you buy new, you've got to expect a certain amount of depreciation. It's hard to imagine a scenario where any post 60's built Cobra could possibly become more valuable or sought after over time.
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Old 08-26-2008, 11:09 AM
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many of us who bought cars before 2005 saw a nice appreciation in the value of our cars when we sold them in the last year or so. We paid quite a bit less for our rollers than they cost now, so we were able to sell at a nice profit competing with todays market price for a new car.
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Old 08-26-2008, 05:22 PM
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Cobra Make, Engine: SPF GT40P-2265/393W, KMP318 (PROJECT!!!!!)/CSX478
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Quote:
Originally Posted by Got the Bug View Post
Agree. If you buy new, you've got to expect a certain amount of depreciation. It's hard to imagine a scenario where any post 60's built Cobra could possibly become more valuable or sought after over time.
Generally, that is true. However, there was a line of GT40 replicas made years ago (I just can't come up with the name now) which are worth significantly more today than they cost at that time. In fact, they probably cost more than the current Ford GT.

That said, if you are patient and buy smartly, I think you can do OK with a higher end car...Shelby or Kirkham. I do believe that current market value is above what I have in my own car. But if all I wanted to was make money...I'd have bought a Ferrari TR, or any number of other collectable vehhicles. Now, if Kirkham were to stop building Cobras....
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