[bdeutsch]

Not an easy answer. Based on what our company economist is saying as well as what you are reading/hearing, bottom may hit this year. Also, given general uncertainty surrounding jobs, lack of investment capital, whether the stimulous package will have any impact (ha-ha), I am guessing that most prudent folks will be conserving cash.

I think it is also safe to predict that you are going to see a thinning of the ranks of companies who make/sell Cobra replicas. If they were able to hold on through 4th quarter 2008, I am guessing that we will witness some failures by end of 1st quarter 2009 and some significant thinning out by end of 2nd quarter 2009. Would I be willing to bet the farm on my prediction, nope, but small businesses are being impacted at least as much as many big companies.

How does this impact values? At the end of the day, people who are not in a position to keep a car (for whatever reason), will continue to sell them. Those with the money to buy will be in a very good position to dictate what they will/will not be willing to pay for those cars. At the same time, companies that continue to produce Cobra replicas will be doing what they need to do to stay in business, which either means selling cobras at a price that people will buy them (see my earlier comment regarding those folks with cash) and/or staying alive by selling parts.

Apologies if this sounds a bit dark, I love these things as much as anybody else on this Board I suspect, but business is business.