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Old 07-26-2005, 01:10 PM
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Tommy Tommy is offline
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Join Date: Feb 2002
Location: Dadeville, AL
Cobra Make, Engine: Sold my EM.
Posts: 2,459
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Several years ago I wanted to get into an inexpensive Cobra replica mostly for use at the track. I followed Ebay and placed several lowball bids on suitable cars. I didn't expect to be the winning bidder but figured I had little to lose. On my third or fourth car, I bid in the low twenties for an E-M built primarily for racing with a 351 and Corvette suspension. Much to my surprise and delight, nobody else bid on the car and I got it.

As best I can tell, the car was built as a racer around 1995 by the same people who built the Cobra replica praised for its performance in Road & Track magazine in the early 90's. They sold it around 2001 to a guy who wanted to drive it on the street. After a few months, he apparently decided it was too uncivilized for his needs and sold it at a substantial loss to a doctor. The doctor had it for a few months before also deciding it was too loud, too brutal and too dependent on good weather. He put it on ebay and also took a substantial loss when I bought it. I take it to the track frequently and gave it a body-off rebuild last winter.

The moral of my story is this. People who buy a Cobra replica on the spur of the moment sometimes discover they made a mistake and will take a loss to get rid of it. People who know why they want a Cobra replica and are patient can sometimes find a good deal.
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Tommy
Cheetah tribute completed 2021 (TommysCars.Weebly.com)
Previously owned EM Cobra
"Never attribute to malice that which is adequately explained by stupidity." - Hanlon's Razor