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-   -   Backdraft for sale (http://www.clubcobra.com/forums/texas-cobra-club/99170-backdraft-sale.html)

wiley alexander 08-24-2009 10:18 AM

Backdraft for sale
 
Well its a tough decision, but, need a new house, some toys have to go.

Black w/red stripes, 351 Windsor motor, 425 horse, leather seats, 5 spd trans, less than 1000 miles, custom fit car cover, ss side pipes w/ heat shield. A beautifuly built and drivable hot rod. Chil bumps and smiles. Picture to follow.
972-489-0626 $45,000

jdean 08-24-2009 02:27 PM

Hi Wiley,

I saw you at one of our meets....very nice Backdraft. Sorry you need to sell it.

John

4RE KLR 08-25-2009 07:24 AM

I have personally seen this car.

If you are looking for a very nice Backdraft this is it.

Good luck with the sale Wiley, I think this one will sell pretty quick.

jwoodard 08-25-2009 08:49 AM

Wiley,

Say it ain't so. You just got this car, but we all understand when conditions change, so do priorities. Good luck with the sale!

:3DSMILE::3DSMILE::3DSMILE:

LREYBURN 08-25-2009 01:36 PM

Wiley...I wonder if a Backdraft Cobra has any loan value, where one could say that the "market value" is say $45K and then be able to draw 60, 70, or maybe 80% to put forward to your home purchase, and then build into the home loan package a short term second, that would repay the Cobra loan in 5 years...you keep your car & you get your house. Obviously, the lender would be the beneficiary of the insurance on the asset.

I know that one can build a pool using this method. Just a thought.

Madmiles442 08-26-2009 07:59 PM

I did a $40k remodel just like that. Worked out great.


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