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03-29-2008, 04:14 PM
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CC Member
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Join Date: Aug 2001
Cobra Make, Engine: CSX Cars
Posts: 754
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Not Ranked
BJ Last Night
KMP painted with 427 SO sold for $55k plus buyer premium. Ouch!
__________________
A happy SAI customer
Cobra Make & Engine: Continuation Series Shelby Cobra, CSX 7034 the most accurately detailed Continuation Cobra to original specification since the demise of CSX 4027.
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03-29-2008, 04:31 PM
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Senior Club Cobra Member
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Join Date: Jul 2001
Location: Galion,
OH
Cobra Make, Engine: Kirkham 427FE (sold & missed)
Posts: 1,320
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Not Ranked
my thoughts exactly......lucky buyer and most likely a pissed off seller.
__________________
Brian Newell - Superformance Sales
Mansfield Motor Group
www.mmgauto.com
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03-29-2008, 05:36 PM
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CC Member
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Join Date: Jul 2002
Location: Greenville,sc,
SC
Cobra Make, Engine: Kirkham 427 (KMP 266); CAV GT40
Posts: 1,464
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Not Ranked
perhaps the buyer was the seller
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SPF Daytona coupe 055, Roush 427R
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03-29-2008, 05:42 PM
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Senior Club Cobra Member
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Join Date: Jul 2001
Location: Galion,
OH
Cobra Make, Engine: Kirkham 427FE (sold & missed)
Posts: 1,320
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Not Ranked
good point.....anyway to find out??
__________________
Brian Newell - Superformance Sales
Mansfield Motor Group
www.mmgauto.com
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03-29-2008, 05:45 PM
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CC Member/Contributor
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Join Date: Feb 2000
Location: Greenville,
SC
Cobra Make, Engine: 70 Shelby convertible, ERA-289 FIA, 65 Sunbeam Tiger, mystery Ford powered 2dr convertible
Posts: 12,705
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Not Ranked
Quote:
Originally Posted by Allan A
KMP painted with 427 SO sold for $55k plus buyer premium. Ouch!
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Allan,
While I was not there this year I did hear from several friends that the car had that "I was beat on and now it's time to get out before something else breaks" look about it  . Buyer may or may not be happy with it once he gets it home and finds out just what needs to be rebuilt on it already, but again, since I did not see it (or bid on it  ) up close and personal, what would I know 
Bill S.
__________________
Instead of being part of the problem, be part of a successful solution.
First time Cobra buyers-READ THIS
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03-29-2008, 05:56 PM
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Senior Club Cobra Member
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Join Date: Mar 2005
Location: Manchester,
NH
Cobra Make, Engine: AK1085 (302 Street), HTM111 (427 Comp), CSX2375R (289 Comp) and COB5999 (427 S/C)
Posts: 19,011
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Not Ranked
Looks like a beater that could fit in my garage..............
Still a great price! Probably 65 when all was said and done.
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03-29-2008, 06:02 PM
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Banned
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Join Date: Oct 2003
Location: Yorba Linda,
CA
Cobra Make, Engine: SPF w/392CI stroker
Posts: 3,293
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Not Ranked
I've seen a lot of cars sold at this auction "under market." Relative to recent auctions, it's definitely a buyer's market for certain cars (i.e. '70 Challenger convertible w/Hemi - clone car - only sold for something like $55K or so....clone or not that was an easy $100K car two years ago).
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03-29-2008, 06:41 PM
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Senile Club Cobra Member
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Join Date: Feb 2001
Location: Buffalo, NY USA,
NY
Cobra Make, Engine: Superformance
Posts: 4,537
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Not Ranked
FRAUD POST!!!!!
"BJ last night" and the post was about an auction!!!!!!!!! 
__________________
"I'm high all right, but on the real thing....powerful gasoline and a clean windshield..."
rick@autoventureusa.net
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03-29-2008, 06:48 PM
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CC Member
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Join Date: Jul 2007
Location: Waterford,
PA
Cobra Make, Engine:
Posts: 1,384
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Not Ranked
For some reason the front fender opening area looks like it has a flat spot kinda... maybe it's just the way the sun is shining on it right there. Doesn't look like it's been beat... but this picture could have been taken on it's arrival. Nice looking car!
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 Bagram AF Afghanistan
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03-29-2008, 11:16 PM
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CC Member
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Join Date: Jun 2003
Location: Oakham,
Ma
Cobra Make, Engine: Kirkham 592
Posts: 578
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Not Ranked
Do you guys really someone let it go for that? Are there always no reserve at BJ? Perhaps the owner bought it back
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03-29-2008, 11:19 PM
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CC Member
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Join Date: Mar 2005
Location: Orange County,
CA
Cobra Make, Engine: SPF Brock Coupe #88, Keith Craft 427w
Posts: 707
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Not Ranked
There was also the SPF GT40 that went for $80k. Another OUCH! At least $120 in the car. That had to suck!
__________________
Now back to my midlife crisis...
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03-29-2008, 11:41 PM
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CC Member/Contributor
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Join Date: Feb 2000
Location: Greenville,
SC
Cobra Make, Engine: 70 Shelby convertible, ERA-289 FIA, 65 Sunbeam Tiger, mystery Ford powered 2dr convertible
Posts: 12,705
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Not Ranked
Quote:
Originally Posted by CoupedUp
There was also the SPF GT40 that went for $80k. Another OUCH! At least $120 in the car. That had to suck!
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For some reason the SPF coupes do not do well in WPB, can't quite place why, but that is two for two and two years running to boot.
Bill S.
__________________
Instead of being part of the problem, be part of a successful solution.
First time Cobra buyers-READ THIS
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03-30-2008, 12:47 AM
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CC Member
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Join Date: Apr 2005
Location: Tucson,
AZ
Cobra Make, Engine:
Posts: 5,391
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Not Ranked
I'm not touching that title!
Larry |
03-30-2008, 07:56 AM
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CC Member
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Join Date: Aug 2006
Cobra Make, Engine:
Posts: 154
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Not Ranked
Kmp
I paid 59,000 for KMP 003 18 months ago. The market was much hotter than now and sold for 75K all the market would bear 12 months ago.
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Kirkham 004
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03-30-2008, 08:29 AM
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CC Member
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Join Date: Jun 2003
Location: Oakham,
Ma
Cobra Make, Engine: Kirkham 592
Posts: 578
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Not Ranked
Well, as I said did it really chage hands? Do we know for sure? Sportworthy, you bought a running KMS 003 for 59,000? Are you serious? That is dirt cheap! I'm paying $57,000 for my kit!!!!!!!!
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03-30-2008, 08:31 AM
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Senior Club Cobra Member
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Join Date: Mar 2005
Location: Manchester,
NH
Cobra Make, Engine: AK1085 (302 Street), HTM111 (427 Comp), CSX2375R (289 Comp) and COB5999 (427 S/C)
Posts: 19,011
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Not Ranked
The market will travel up and down on all these cars. Cobras have a limited audience and like it or not are recreations of the original which have a specific number available. Replicas are merely worth the sum of their total parts. In other words cost of building, some get more from their ability to entice i.e. Webers, era correctness, or creature comforts like top and side curtains. If manufacturers continue to flood the market in conjunction with streamlining their abilities prices will continue to drop.
Look at CSX glass car rollers for example 50k, once a factory is set up building it becomes easier to accommodate price adjustments. It will be like anything else the cream will flow to the top and the rest will belly up. CSX, KMS, ERA, Unique, and SPF should have staying power as they have built brand recognized type replicas. The rest will need to prove themselves or face difficult situations.
Auctions like BJ without reserves will either provide some great deals or they will scare away sellers of Cobras as prices are soft. I would never consider selling at an auction w/o reserve, too many variables in that sale for me. With BJ last outing selling CSX glass cars at 65-70k hard to compete. Buy them to enjoy and use caution as an investment.
Here is an older ERA for 37,500 with FE: Tough to beat that!
http://cgi.ebay.com/ebaymotors/1966-...em230236945770
Last edited by 1985 CCX; 03-30-2008 at 08:50 AM..
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03-30-2008, 11:10 AM
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CC Member
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Join Date: Jan 2008
Location: Wisconsin Rapids,
WI
Cobra Make, Engine: SPF 1421 351W
Posts: 129
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Not Ranked
Was that Spanky choking, or the seller's "death crackle" when the hammer went down on the GT40? Maybe the shine is starting to wear off on BJ...time to show the speculators the door and allow the true enthusiasts back in!
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03-30-2008, 11:33 AM
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Senior Club Cobra Member
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Join Date: Feb 2004
Cobra Make, Engine:
Posts: 1,226
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Not Ranked
Quote:
Originally Posted by RedBarchetta
I've seen a lot of cars sold at this auction "under market." Relative to recent auctions, it's definitely a buyer's market for certain cars (i.e. '70 Challenger convertible w/Hemi - clone car - only sold for something like $55K or so....clone or not that was an easy $100K car two years ago).
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Everything goes in cycles. Corvettes were crazy 3 years ago and then cooled off when the Hemi cars went crazy. Then it was anything with a Shelby badge. Now the Corvettes are making a comeback. Some were sold at record highs this week-end.
Last edited by jwd; 03-30-2008 at 11:34 AM..
Reason: spelling
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03-30-2008, 11:56 AM
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CC Member/Contributor
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Join Date: Feb 2000
Location: Greenville,
SC
Cobra Make, Engine: 70 Shelby convertible, ERA-289 FIA, 65 Sunbeam Tiger, mystery Ford powered 2dr convertible
Posts: 12,705
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Not Ranked
Wonder if that is Jersey Steve S who offered a trade for an ex nascar Thunderbird 
Quote:
Originally Posted by 1985 CCX
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__________________
Instead of being part of the problem, be part of a successful solution.
First time Cobra buyers-READ THIS
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03-30-2008, 02:03 PM
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CC Member
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Join Date: May 2004
Location: Palm Coast,
FL
Cobra Make, Engine: Shelby American CSX 4241 - authentically built
Posts: 2,573
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Not Ranked
Cobras have always had an odd market at Barrett Jackson. High end replicas and 4000 cars don't bring good numbers, yet lower end brands sell for double what they would normally be worth.
Even originals don't bring good money, other than the Super Snake.
People don't "know" much about Cobras. Everyone knows what a Hemi cuda is, so that will always sell well. But most car enthusiasts don't know anything about Cobras, especially if it's not an original, so they are less apt to spend big bucks on one, spur of the moment.
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Sal Mennella
CSX 4241, KMP 357 - sold and missed, CSX 4819 - cancelled, FFR 5132 - sold
See my car at CSXinfo.net here >> CSX 4241
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