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 2Likes
09-22-2009, 11:02 AM
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CC Member
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Join Date: Jul 2006
Location: Ottawa,
ON
Cobra Make, Engine: 2002 Superformance w/392 stroker
Posts: 1,624
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Not Ranked
So far all the responses have focused on their car's current value, but the other thing this breakdown suggests is that depreciation on these cars seems to bottom out/level off after the first 5-6 years. After that the price seems to hang tough. Try THAT with a Toyota Camry.
__________________
"Anyone who drives faster than you is a Maniac,
and anyone who drives slower is an Idiot." - George Carlin
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09-22-2009, 11:19 AM
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Banned
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Join Date: Oct 2003
Location: Yorba Linda,
CA
Cobra Make, Engine: SPF w/392CI stroker
Posts: 3,293
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Not Ranked
Quote:
Originally Posted by SunDude
...but the other thing this breakdown suggests is that depreciation on these cars seems to bottom out/level off after the first 5-6 years. After that the price seems to hang tough.
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That's a very fair and true statement, and a testimony to the consistent quality in the SPF brand. I believe the same can be said for other premium replicas out there...they all settle to their own bottom but rarely breach that floor. That's an efficient market...supply and demand determine the true value.
-Dean |
09-22-2009, 12:11 PM
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CC Member
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Join Date: May 2007
Location: Goshen,
ny
Cobra Make, Engine: Gary Edwards Racing 460
Posts: 444
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Not Ranked
With only 5K miles on mine, I would ask what I paid for it. The hope would be to get the guy who wants a new(er) one but doesnt want to wait for it. Mine has all the little bugs worked out and is ready for delivery.
There has to be a few impulse buyers out there. That being said, I plan to keep mine forever.....and beyond! There is just no better car Period.
__________________
Its not the will to win that matters....Everyone has that. Its the will to prepare to win that matters.
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09-23-2009, 05:31 PM
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CC Member
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Join Date: Mar 1999
Location: penn.,
Posts: 2,559
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Not Ranked
just sold for $30k
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09-23-2009, 06:05 PM
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CC Member/Contributor
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Join Date: Feb 2000
Location: Greenville,
SC
Cobra Make, Engine: 70 Shelby convertible, ERA-289 FIA, ERA 289 roadster hybrid, mystery Ford powered 2dr convertible
Posts: 12,763
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Not Ranked
Quote:
Originally Posted by mr bruce
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Now that was a great but for someone. Wonder how I missed it 
Bill S.
__________________
Instead of being part of the problem, be part of a successful solution.
First time Cobra buyers-READ THIS
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09-23-2009, 06:32 PM
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CC Member
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Join Date: Jun 2005
Cobra Make, Engine:
Posts: 3,077
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Not Ranked
I agree Great buy, BUT, if one could get a roller for $35K and install a roush for $14 and tko 600 and misc parts for $3.5K and be out the door for $49K I would think it is as good as deal and all brand spanking new. The one on ebay was powered by 385hp engine with 13K and a 3550. I feel the fair price for that car should have been $36-39K if the paint was excellent.
Quote:
Originally Posted by mrmustang
Now that was a great but for someone. Wonder how I missed it
Bill S. |
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09-23-2009, 09:17 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
Quote:
Originally Posted by madmaxx
I agree Great buy, BUT, if one could get a roller for $35K and install a roush for $14 and tko 600 and misc parts for $3.5K and be out the door for $49K I would think it is as good as deal and all brand spanking new. The one on ebay was powered by 385hp engine with 13K and a 3550. I feel the fair price for that car should have been $36-39K if the paint was excellent.
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I agree, and those Chevy 427 stickers on the cleaner probably hurt the price too. 
A very good deal for someone. |
09-24-2009, 10:14 AM
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CC Member
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Join Date: Jul 2006
Location: Ottawa,
ON
Cobra Make, Engine: 2002 Superformance w/392 stroker
Posts: 1,624
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Not Ranked
Quote:
Originally Posted by mr bruce
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Wow, that's one helluva deal! You guys are spoilt for choice down there in the U.S. This price -- $30,200 USD -- works out to about $32,300 CAD at today's exchange rate. There's no way you could ever buy an SPF for anywhere near that up here in Canada, where they are in extremely tight supply.
I did a quick scan of AutoTrader, Kijiji and a few other sources, and here's the list of SPFs currently for sale up here. - $67,500 - 2002MY, solid back, 392 (351W), Brampton ON
- $69,795 - unknown MY, blue w/white, 393 (351W), Surrey BC
- $73,588 - 2002MY, solid red, 392 (351W), Oakville ON
- $89,900 - 2005MY, grey w/black, 392 (351W), Toronto ON
- $95,000 - 2008MY, midnight blue w/grey, 408R (351W) with EFI, Calgary AB
- $114,728 - 2005MY, titanium w/black, 427R (351W) with EFI, Barrie ON
What a difference a border makes...
__________________
"Anyone who drives faster than you is a Maniac,
and anyone who drives slower is an Idiot." - George Carlin
Last edited by SunDude; 01-28-2010 at 10:33 AM..
Reason: one car added to list
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09-24-2009, 12:27 PM
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Senior Club Cobra Member
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Join Date: Feb 2004
Cobra Make, Engine:
Posts: 1,226
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Not Ranked
Quote:
Originally Posted by SunDude
What a difference a border makes...
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And the fact that Transport Canada no longer allows the import of Cobras. |
09-22-2011, 02:48 PM
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CC Member
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Join Date: Jul 2006
Location: Ottawa,
ON
Cobra Make, Engine: 2002 Superformance w/392 stroker
Posts: 1,624
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Not Ranked
Time for an update...
I'm still keeping track of Superformance MkIII roadsters listed on Club Cobra and Cobra Country, and figured it might be time to update this thread.
To date I have tracked 216 SPFs for sale (mainly private listings, not dealers). The average asking price across all 216 cars was $52,935 USD. Here are the average asking prices broken down by model year:
1995 - $40,496
1996 - $41,500
1997 - $44,633
1998 - $46,498
1999 - $45,332
2000 - $49,667
2001 - $46,471
2002 - $49,037
2003 - $48,941
2004 - $50,742
2005 - $57,743
2006 - $61,726
2007 - $60,986
2008 - $53,370
2009 - $71,560
2010 - $71,500
2011 - n/a
n/a - $54,125
The greatest number of cars were 2005 models (39), followed by 2000 models (28), then 2006s (20), 2004s (19) and 2002s (18).
__________________
"Anyone who drives faster than you is a Maniac,
and anyone who drives slower is an Idiot." - George Carlin
Last edited by SunDude; 09-26-2011 at 07:19 AM..
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09-22-2011, 03:18 PM
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CC Member
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Join Date: Oct 2002
Location: Eagle,
Ne.
Cobra Make, Engine: 1966 Lone Star 427SC.
Posts: 4,310
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Not Ranked
I think SPF's are a great,.... cobra.
40-55k is fair, and no more.
$70,000,.....are you kidding me !
Save a bit more and get a Shelby or Kirkham. 
__________________
Regards,
Kevin
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09-26-2011, 07:34 AM
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CC Member
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Join Date: Jul 2006
Location: Ottawa,
ON
Cobra Make, Engine: 2002 Superformance w/392 stroker
Posts: 1,624
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Not Ranked
I've also been trying to track how long each car was on the market, but it isn't easy as this information is not always available.
But, of the 118 cars I've been able to identify as sold, the average time on the market was 111 days.
Quote:
Originally Posted by SunDude
I'm still keeping track of Superformance MkIII roadsters listed on Club Cobra and Cobra Country, and figured it might be time to update this thread.
To date I have tracked 216 SPFs for sale (mainly private listings, not dealers). The average asking price across all 216 cars was $52,935 USD. Here are the average asking prices broken down by model year:
1995 - $40,496
1996 - $41,500
1997 - $44,633
1998 - $46,498
1999 - $45,332
2000 - $49,667
2001 - $46,471
2002 - $49,037
2003 - $48,941
2004 - $50,742
2005 - $57,743
2006 - $61,726
2007 - $60,986
2008 - $53,370
2009 - $71,560
2010 - $71,500
2011 - n/a
n/a - $54,125
The greatest number of cars were 2005 models (39), followed by 2000 models (28), then 2006s (20), 2004s (19) and 2002s (18).
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__________________
"Anyone who drives faster than you is a Maniac,
and anyone who drives slower is an Idiot." - George Carlin
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10-05-2011, 10:58 PM
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CC Member
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Join Date: Sep 2011
Location: Loudon,
Tn
Cobra Make, Engine: Superformance#2352/Aluminum SO/490 c.i. 650 h.p. 605 tq.
Posts: 410
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Not Ranked
Quote:
Originally Posted by SunDude
I'm still keeping track of Superformance MkIII roadsters listed on Club Cobra and Cobra Country, and figured it might be time to update this thread.
To date I have tracked 216 SPFs for sale (mainly private listings, not dealers). The average asking price across all 216 cars was $52,935 USD. Here are the average asking prices broken down by model year:
1995 - $40,496
1996 - $41,500
1997 - $44,633
1998 - $46,498
1999 - $45,332
2000 - $49,667
2001 - $46,471
2002 - $49,037
2003 - $48,941
2004 - $50,742
2005 - $57,743
2006 - $61,726
2007 - $60,986
2008 - $53,370
2009 - $71,560
2010 - $71,500
2011 - n/a
n/a - $54,125
The greatest number of cars were 2005 models (39), followed by 2000 models (28), then 2006s (20), 2004s (19) and 2002s (18).
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do you think the 2008 should be $63,370???? |
09-22-2011, 06:23 PM
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Senile Club Cobra Member
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Join Date: Feb 2001
Location: Buffalo, NY USA,
NY
Cobra Make, Engine: Superformance
Posts: 4,566
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Not Ranked
Quote:
Originally Posted by jwd
And the fact that Transport Canada no longer allows the import of Cobras.
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Not true. A "Cobra" of eligible, verifiable vintage IS importable. Early SPFs are eligible for import and registration in Canada. A business associate has an early SPF with a 427 available in Ontario now. It was imported LEGALLY and approved by TC and Canada Customs. Attempting to import a 2010 built car that is registered as a "1965" will not fly and those guys at the boarder are not stupid.
The "ban" is on newer builds, "kit cars" (NOT "starter kits") and those who try to circumvent the Candaian regulations.
If you are in Canada and interested in the Red 427 SPF there, contact me. Or if you want to purchase a LEGAL "starter kit" car I can put you in contact with the person who knows how to do it right.
__________________
"I'm high all right, but on the real thing....powerful gasoline and a clean windshield..."
rick@autoventureusa.net
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09-22-2009, 01:55 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 SunDude
So far all the responses have focused on their car's current value, but the other thing this breakdown suggests is that depreciation on these cars seems to bottom out/level off after the first 5-6 years. After that the price seems to hang tough. Try THAT with a Toyota Camry.
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I'd be interested in seeing if other makes follow that general trend. |
09-22-2009, 02:56 PM
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CC Member
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Join Date: Jun 2005
Cobra Make, Engine:
Posts: 3,077
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Not Ranked
ERA's never stop depreciating and eventually the person will have to pay a disposal fee!!!!!
That was way to easy.
Quote:
Originally Posted by patrickt
I'd be interested in seeing if other makes follow that general trend.
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09-22-2009, 03:01 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 madmaxx
ERA's never stop depreciating and eventually the person will have to pay a disposal fee!!!!!
That was way to easy.
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Boy, talk about an uncalled-for kick to the crotch.  |
09-22-2009, 04:35 PM
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Banned
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Join Date: Oct 2003
Location: Yorba Linda,
CA
Cobra Make, Engine: SPF w/392CI stroker
Posts: 3,293
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Not Ranked
Quote:
Originally Posted by madmaxx
ERA's never stop depreciating and eventually the person will have to pay a disposal fee!!!!!
That was way too easy.
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Quote:
Originally Posted by patrickt
Boy, talk about an uncalled-for kick to the crotch. |
I think he was referring to the dual roll bar ERAs... 
Sorry...you walked into that one.
-Dean |
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