01-15-2011, 12:30 PM
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Senior Club Cobra Member
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Join Date: Mar 2005
Location: Meriden,
CT
Cobra Make, Engine: ERA 427 SC s/n 718, 428 FE
Posts: 1,731
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Not Ranked
Quote:
Originally Posted by decooney
From a pure cost and availability standpoint, IMO comparing high-volume production vehicles to limited production hand made replicas are two completely different scenarios. For example, if someone wanted to find a solid black ERA big block with an original 427 in it, and all the right bits, they might have to pay the price to get it vs. easily finding a used 2008 Black Ford GT Mustangs on cars.com or new at many lots across the US. I bet you'd find 100x the Mustangs available as compared to the solid Black ERA 427 SC Cobra, don't ya think? i.e. routine auto business economics (supply vs. demand).
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I never considered a used Cobra (unless I could have had an original). The car I wanted would not have been available used anyway, as mine is quite different than the usual fare out there. Cobras built like mine rarely change hands (you guys know who you are). Many guys buy a Cobra without having any idea what they're getting into (literally). Once they realize the don't have a car that drives like a Mustang or Corvette (no AC, no power anti-lock brakes or power steering, Heim joint suspension, etc.) they decide to sell. They may not realize these cars ride like an old race car, or old truck, with no creature comforts. These are the cars for sale in many cases. Nice in the garage, but wifey doesn't like it. Whatever the reason, most for sale Cobras mimic each other.
I built my car as I wanted it, without any thought of resale value. The only upgrade I would do is to add an original 427 side oiler at some point, although the 428 is stout enough for the street. Everyone has his own opinion, and for me, driving a car I built myself is absolutely paramount.
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"Paint It Black, Black As Night"
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