[TKing]

I've have watched the market for 15 years and owned 2 Cobra replicas. The price and value deal of a Cobra has always been a mystery.

Why are some cars of great value for sale for a long time and others that are very scary in appearance and build quality sold imediately? I do'nt know.

About 5 months ago I sold my SPF Cobra for $30,000. I had it for sale about 1 month before it sold. I was very surprised it took that long and only 2 or 3 people had a serious interest. I don't think I ever seen a SPF Cobra that inexpensive for sale through CC.

I suspect many people initially set their for sale price very high with hopes of attracting an eager buyer. Some time later they sell the car for significantly less.

I have watched buyers place a wanted ad in CC with the type of car they want to buy and the amount they are willing to spend. I have seen comments to the effect "you'll never buy a Cobra for that amount!" I think they do and this may be the best approach to buy a Cobra.

My advice to a buyer would be to purchase a manufactured car or keep a lot money on the side to modify and repair the car. Also, I would recommend a buyer have excellent mechanical skills or know someone that does or have truck and trailer and be able to tow it to someone that is an expert with the car. Even simple work such as balancing the Trigo's can be an exercise in frustration. It is very difficult to find mechanics that are mechanics.

I really enjoyed the Cobra and continually follow the market, but honestly the Cobra (even the good ones) is a lot of work (and money) for the few miles it can be driven in a year.