View Single Post
  #4 (permalink)  
Old 08-04-2008, 02:30 PM
Fast Farmer Fast Farmer is offline
CC Member
Visit my Photo Gallery

 
Join Date: Feb 2001
Location: Farm country, IL
Cobra Make, Engine: Bare Aluminum pre-Kirkham CSX4000 427 Stroker by Southern Automotive.
Posts: 368
Not Ranked     
Default Price justification?

The auction is at $115,200.00, which is probably under the original cost of production. The Cobra does have an aluminum body, which adds $25-$30 thousand to the price. It is one of a limited production sub-set of a regular production line of CSX4000 Cobras. Plus, love or hate The Man himself, it has the pedigree of a REAL Cobra. Since the MSO has not been surrendered to title the vehicle, you can be the "official" first owner.

I don't know the true extra value of the 40th Anniversary Edition package, but $175k may be only $35K or less over cost at 2002 (or whenever it was built) prices.

The current economy makes speculation on cars not for the faint of heart. This reserve price may be too high, or not. One would have to bank on prices going up on all newer production vehicles associated with CS if resale at a profit is your motivation.

Obviously, cars at this price level are not purchased to abuse or "drive like you stole it." By comparison, the CSX4000 R Model at $250k opening bid on eBay, makes this one look like a bargain.

Both look like nice Cobras, but I won't be bidding.

Fast Farmer
Reply With Quote