Thread: Resale value
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Old 06-20-2003, 12:58 PM
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decooney decooney is offline
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Cobra Make, Engine: ERA 623, 427 S/C Cobra. Ford FE 428 Cobra Jet, Ford Nascar TL 4speed - with a touch of raw; "less is more" theme
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Default advertised vs. selling

IMHO - Advertised prices should not be confused with "actual" selling prices.

People advertise beyond what they expect to get quite often, just building in that buffer. Unless you call up several ex-SPF owners and ask them to tell you the truth about what they actually sold their cars for after it's sold, it's hard to tell. The same applies for any of these replica Cobras.

As for value, to me, "sometimes" a good used replica Cobra with low mileage is better than a new one because all the bugs are sorted out. And, just remember, it's only worth what someone is willing to pay for it. If 10 people are standing in line to buy it, it's probably under priced or priced right. If no one is calling to buy it, it's probably over priced or so specific that it requires that special buyer to come along... I've seen several cars that were priced right, did not sell for a long time, and then one year later had several people interested in the same car at the same price. ??? Hard to say... It fluctuates and varies throughout the year and depending on who's looking at the time for any given type car. One thing seems more certain now these days... the more good replicas that get continue to get built, the more used selection there is out there, and that creates competetive pricing for new and used replica Cobras. That's my .02 cents on it. Good Luck.
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