04-22-2003, 04:17 PM
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CC Member
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Join Date: Feb 2003
Location: New Braunfels,
TX
Cobra Make, Engine: Hi-Tech Serial 0122 66 428, Tremec 3550. AMP 9" Ford IRS
Posts: 186
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Not Ranked
Quote:
Originally posted by vegan2
For example, Bandit 1 has a very nice Super with a 460 "stroker" in it posted here for sale, now at $44,000, but he states that $65,000 was spent. Why would someone spend $65,000, drive the car 5K miles and sell it for 68 cents on the dollar? Also, why would someone put $65,000 in a Cobra when the extra money actually went into an engine that is not a 427 side oiler? An obvious answer is some people have a lot of money, a lot more than me.
I'm waiting until Bandit 1 gets down to 50 cents on the dollar, but on the other hand, what would it be worth if I tried to sell it? [/b]
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Who knows why! The joy of building it? Remember that the market will NOT always be as soft as it is right now. These cars can command a pretty good price. You really NEVER get out of a hobby what you put into it, as far as money goes, but as long as you were happy doing it at the time, THAT'S what counts. I have built many cars and really enjoy the satisfaction of "doing it my way". Bandit 1 has a very nice car and I'll buy it before you @ .51 (just kidding). I am not going to worry about resale because IF you're looking for an investment there are a lot better returns on your money BUT no fun. As I stated before if you and the seller are happy with the price ENJOY.
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Thanks,
Neil Brady
"Life is not a journey to the grave with the intention of arriving safely
in a pretty and well preserved body, but rather to skid in broadside,
thoroughly used up, totally worn out and loudly proclaiming:
"WOW, what a ride!!!"
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