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Originally Posted by kayakjack
This is a real interesting thread. Especially since I voted with my checkbook last week and bought a used Superformance.
There is a real diversity of opinions regarding what a real world actual selling price for any of these things should be. There might be a corelation between guys who are now in the market to buy giving reasons the market is soft hence lower values. Also guys who own and might consider selling who think the opposite.
I watched the market (Cobra Country, Club Cobra classifieds, ebay, dealers) for a long time trying to understand what things were really worth. It also helped me understand what I really wanted and could afford.
Having owned it a week, I don't think I'll be selling any time soon. Too much fun. The only unexpected surprise is some sort of small fluid leak - I think it it is transmission fluid. Oh well, I'll deal with it and move on.
Reading some of the "market is soft" comments made me hope I hadn't overpaid. I don't like to waste money or feel like a fool. I paid $40k for SPF 1202 which is beautiful and has a removable hardtop. The 351w 385hp crate motor feels bulletproof. I took it out this weekend with a friend for a spirited drive on mountain roads and it never missed a beat. I bought this car to use. It is the "roadster" version with rear exhaust - no sidepipes. That's what I wanted. I know the market is very heavily weighted toward the pipes. The market is smaller for this configuration. I guess I'll worry about it if and when I sell. I think this was a fair deal for me and the seller.
I'd like to hear your guesses about this question - it probably has more real world meaning to me... What do you think the value of my car would be in ten years?? It will be no trailer queen... I bet it will have 30 to 40 thousand miles on it by that time. Go down in value (25k? - or less?). Up ($50k - or more?)? Same?
Jack
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Jack, I think you got a fair deal on your Cobra. That's about what I paid for my NAF with a 351W, quite similar to yours. I love my Cobra, will have owned it five years this coming February, and have put over 40,000 miles in those five years. Enjoy your ride. Edley
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