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Old 08-02-2016, 12:36 AM
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Join Date: May 2016
Location: Rural, Kangaroo Island, SA
Cobra Make, Engine: AC Cobra - ICCARS 001, 4.2LTwin Turbo, AWD, 5 speed tiptronic under construction
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Quote:
Originally Posted by RodKnock View Post
No one here said "every seller"? No one used an absolute.

And I'd say most sellers, a preponderance, majority, have built in a cushion in their ask prices. The practice is about as common as house flies. And even sometimes when a seller's states the price is firm, that's not always the case.

And most of us understand value. And the argument here is whether SPF's can be purchased for mid $40K's. And the sales data plus one first hand account says "yes."
The actual argument/thread was based around the proposal of buying a Backdraft or similar for around the $40K mark or spending more on brands such as SPF or Kirkham in order to have a solid resale in 3-4 years when old mate looks to trade in and change his toy..
That said I have probably wasted tens of thousands of dollars on building cars but my personal opinion is that I have never bought a kit car or original whatever car to try and re-coup my money, as they are merely a transitional investment (win or loose) but you will always see a varying trend where some cars become popular, hence the price will go up and then become unpopular so price will drop - there are no certainties in life so enjoy the car you have or are looking for for it's looks, handling, power, awesome sound, wow factor, and uniqueness because tomorrow there will be another car that trumps the competition and worrying about resale is mute in the real scheme of things.. Just my opinion for what it's worth.
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ICCARS AC Cobra 001 (AWD) U/C
RF 098 GT40 Twin Turbo
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