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40th Anniversary Cobra value & am I being frugal


Dunefanatic

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I found this car previously on ebay for sale at $185k and now it is $210k. It is a beautiful car and it was owned by Carrol Shelby but am I being overly frugal at $185k or $210K asking for this car? Is this realistic for a beautiful 40th anniversary car?

 

http://cgi.ebay.com/ebaymotors/?cmd=ViewItem&_trksid=p3984.m1423.l2649&item=280924693680&sspagename=STRK%3AMEWAX%3AIT

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beautiful car...it's not a 65', it's a toss to me if it's worth it financially. Perhaps some Continuation owners might have a better idea.

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This car looks to be an aluminum bodied car but it doesn't say explicitly. Given that a new aluminum roller is in the $150Kish price optioned out, the asking price for this car is not unreasonable. It can easily cost $40-50K to finish a roller with power train (people do it for less of course, but it all depends on what engine/trans you want to drop in.)

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I had the privilege to look at the car last time it was for sale at $185k and it is an aluminum body, very low miles, nearly no cosmetic defects, small rear-main leak but very small. It is a beautiful car unquestioned in my mind.

 

Point regarding a roller and motor cost is a good data point but similar to other vehicles, should a second generation Cobra retain its purchase/build value or should it decline somewhat similar to other cars? Clearly there are exceptions to this point regarding de-valuation over time; Ford GT is clear exception that jumps to my mind quickly.

 

I like this car, wish I could afford to purchase but the price stings too much and it is not in my price range.

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Any available alloy CSX4000 car will get a premium now over original cost.. The base cost of the roller plus production time give a sorted out Cobra an edge over a new purchase. Get it now or get it in a year. So few come available. Note also that Kirkham is a year out and they are saying to expect a BIG price increase. I think this price is close to being right. It might be 200K but it's not 150K and it is almost assuredly more than was originally paid. Alloy cars just get respect... Carbon fiber not so much.

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