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Thor: We still never got the info from you as to your selling price. What was you total cost in?
You say there are a lot of hot rod guys out there who are interested in a Bowtie Cobra replica? What data and information are you referring to?
Just because you post some add in local rag and had some local "hot rodders" show up with interest doesn't prove anything. Seems more like you got lucky.
CCX I think has analyzed it correctly.
The buyers that showed up for your car certainly didn't care much about aesthetic accuracy in the build and if they did then they are clueless regarding Cobras.
Seems like they were just looking for hot rod and likely would have been just as happy with an Austin Healy body with a bowtie for power.
Why are Chevy 427s much less expensive then FE427s? I would suggest to you its based on supply and demand. The demand for an FE for Cobra replica far exceeds that of bowtie motors with a shallower pool of supply.
Yes, you can analyze it as cost in and price obtained out with regard to the "torpedo" of value issue but it goes beyond that. The pool of buyers that will be interested in a nice Cobra replica with a correct FOMOC modder will far overshadow the one with those looking for one with a bowtie under the bonnet.
Regardless of whether you are running an LS7 with magnetic suspension under a Cobra shell from Contemporary, ERA etc.. or using all the correct pieces and parts from an aesthetic standpoint both are "replicas" of a Cobra. One will have the larger pool of interest on resale and higher value and the other the lower value and smaller pool of interest.
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U.S. Army Rangers. Leading travel agents to Allah.
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