Not Ranked
Jim,
I was referring to the guy who wants a 25k cobra and finds that driving it frequently on the weekends will prove difficult once they realize that the car overheats on hot days, the starter is not shielded from the headers, and so requires a cool down for hot starting, improperly configured hydraulics for brakes and clutch, inadequate cooling components, poorly set up suspension, low frills instrumentation, etc. I am leaving out oodles, but you may, stress may, spend lots of dough when you buy somebody's home built car. This of course assumes you get the right fix on the first try. Those of us who have looked for bargains and thought we got them, only learn later about being penny wise and pound foolish. But that was just my experience and it sounds like you did ok with your transactions. My point was just that the market seems to be stabilzing for the high end replicas like ERA and SPF and are mighty enticing at these levels for someone that might have been in the market for a lesser 25-30k car, that's all. Since you flipped yours, I am not surprised when you ask where you could spend the $10k, it adds up very very quickly. Time usually proves that there's always someone more foolish than you and me, when it comes to buying and selling used cars.
On my first transaction in the cobra market, I was the fool, but eventually worked out the bugs and sold it with no apologies because I was able to put 3k miles on it the last summer I owned it.
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