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Originally Posted by Tim7139
Last I heard defending anything as well as " inherent bias" requires a few opinions , you seem to be drawing a lot of conclusions from a couple questions. You're right about lack of hard data, which is why when somebody mentions a price range, high or low, I figured maybe I'd query if that is fact or opinion based.......you know, to gain facts.
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I'm having a hard time understanding your point.
My point is that you own an SPF and defended the value. This is what you said. "that low, let alone common" sounds to me like you're defending the value of the SPF. And you own one.
Quote:
Originally Posted by Tim7139
That might be, a solid maybe. Obviously there is a fair amount of latitude between any bid/ask but i have'nt heard of much in the way of a sorted SPF with any kind of decent motor that low, let alone common.
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The OP needs to hear that you own an SPF when you're offering your opinion of value on a SPF. Just watch CNBC in the morning. When someone comes on show and they recommend a stock to buy, the commentators/analysts will state if they own the stock or not. In the old days, they got in trouble for "pump and dump."
The other point I make is that if ANY Cobra replica is asking $50,000-$60,000, IN MY OPINION, a serious buyer (and seller) can buy that Cobra replica, SPF or not, for mid-$40,000. And we already have one SPF owner state he bought his SPF in the mid-$40's.
Auctions run all year long. Perceived high and low prices will form an average. Period.
More authentic FE builds will probably sell for more than less-than-"authentic" 351W builds, sure, I don't dispute that. That's the case for CSX's ERA's and CSX's too. But I don't see many FE SPF builds. And there are plenty of folks who just want something for about $50,000 and that's the market that will undoubtedly be the most active in sales. As the asking prices get higher, the buyer pool thins out.
Lastly, IMO, I don't think any of us can count on new roller prices continuing to keep going up. Interest rates will go up, the buyer pool is old and getting older, no one is getting rich making them, and at some point, I think they're going to legislate our gas burning environmental pigs off the road. Is it 5 years, 10 years, 20 years? In my case, just because CA gave us an exemption to drive them, CA can certainly change their mind someday. That's my opinion.