[madmaxx]

The overall economy has been down for two years now. The majority of Rolex's, Cobras, boats which had to be sold to pay bill or eliminate debt have been transacted 6-12 months ago. No Cobra dealer has a standing inventory, they build after they receive an order and they have not lowered their prices. In all honesty the used Cobra market has stabilized, sure there is always a one off that needs to unload now but you better be watching the forumns, auctions with cash in hand. You will not have time to mentally masturbate about the decision the deal will be done.

The time to strike was a year ago. I was playing around on Craigslist and listed a Rolex, had 5 calls in 2 hours and was listing it for $700 more than I paid. Simply put there are not alot of used Rolex anymore and Rolex keeps raising their prices. The Rolex that had to be sold for cash were sold 2 years ago, banks are not loaning anymore. No more easy credit. Its a shame I used to get some screaming deals.

Reasonable price for a Kirkham will be $80K, the one off $65K is just that and does not include broker fees blah blah blah. On the flip side I sure would not spend more than $90K either.