11-06-2019, 05:51 AM
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CC Member
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Join Date: Jan 2018
Location: Lafayette,
IN
Cobra Make, Engine: Looking to buy
Posts: 1,295
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Not Ranked
Quote:
Originally Posted by twobjshelbys
Some people take the insurance settlement and then buy the scrapped vehicle back (with a salvage title) and either part it out or rebuild.
Anyone with a Cobra is well advised to get an stated value policy where the company will pay that amount in case of a loss. You can't get greedy but a reasonable amount will usually be honored. The actual value policies never fully recognize the amount of sweat equity put into one of these.
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100% agreed.
It would make an excellent donor car for a new build.
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 Cobra loving, autocrossing Grandpa Architect.
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