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09-28-2009, 08:25 AM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 22,011
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Not Ranked
Quote:
Originally Posted by madmaxx
As far as this Kirkham, I feel I could build one new like this one, not like I would build it, for $75K. Note this is my opinion, no one else, I am not a proclamined cobra expert. Compared to my SPF this car was RAW.
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You probably could, and that's an interesting observation on Cobra value. I think RodKnock, bless him, touched on it recently and I was going to follow up on the thought but never did. That thought was expressed in a thread were he was talking about his unwillingness to trade his Kirkham for a car that was clearly worth more than his. I, too, would not trade my ERA for RodKnock's Kirkham even though his car is clearly worth more than mine... to almost anyone in the world but me, that is. When you have gone to the trouble of getting your car "just right" (or mostly so) for you, that tends to be worth quite the premium (but only to you).
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09-28-2009, 10:50 AM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,591
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Not Ranked
Quote:
Originally Posted by madmaxx
As far as this Kirkham, I feel I could build one new like this one, not like I would build it, for $75K. Note this is my opinion, no one else, I am not a proclamined cobra expert. Compared to my SPF this car was RAW. I stick with my original price point when I originally posted, this car is worth $64 to $66K in my opinion if there are no hidden engine gremlins etc.
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Mad, I respect your opinion and everyone will have their own on value, but, and I'm sure you're aware of this, a Kirkham roller is $57K plus the brushed finish, center stripes and pit stripes add about $10K. Billboards +1K, 42-gallon gas tank +$2K. There are some miscellaneous options installed on that Kirkham, but don't add anything significant. So, that car as a roller sans engine and tranny is $70K. Thus, for $70, you get the Kee toploader, aluminum head dual quad FE S/O engine, miscellaneous options and the fitting of the headers for free.
It may sell for $65K, but I will tell you that for that price range, I just may have to buy it.
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09-28-2009, 10:54 AM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,591
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Not Ranked
Quote:
Originally Posted by patrickt
You probably could, and that's an interesting observation on Cobra value. I think RodKnock, bless him, touched on it recently and I was going to follow up on the thought but never did. That thought was expressed in a thread were he was talking about his unwillingness to trade his Kirkham for a car that was clearly worth more than his. I, too, would not trade my ERA for RodKnock's Kirkham even though his car is clearly worth more than mine... to almost anyone in the world but me, that is. When you have gone to the trouble of getting your car "just right" (or mostly so) for you, that tends to be worth quite the premium (but only to you).
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I could have used your blessings this past Saturday when I ran out of gas in the Kirkham, meeting the guys at Alices. Darn that gas guage.
Also, clearly I'm not dumb, I would trade my car for a BRAND NEW FERRARI or even a 2006 FORD GT.
But seriously, Patrick is correct, but fortunately, at least at the moment, neither one of us needs the cash. Knock on wood.
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09-28-2009, 11:13 AM
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CC Member
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Join Date: Feb 2006
Location: Atlanta,
ga
Cobra Make, Engine: WTB MK IV
Posts: 65
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Not Ranked
pm sent mad maxx
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09-28-2009, 01:00 PM
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Senior Club Cobra Member
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Join Date: Jun 1999
Location: Dublin,
CA
Cobra Make, Engine: TBD
Posts: 1,298
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Not Ranked
Hi Guys,
CSX4208 for sale here on Club Cobra $135K.
Also Aluminum body posted May 2009, I do not know if it has sold.
Not affiliated in any way, I agree with Rodknock that this one will sell well above what any of the Fibreglass cars have sold for. Two points off the curve were the CSX fibreglass cars sold by Becker in the low $60k's in Monterey at no reserve auctions. He did it to get the press/attention/advertising value, at least that is what he claimed.
Tony R.
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09-28-2009, 01:43 PM
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Senior Club Cobra Member
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Join Date: Jul 2001
Posts: 695
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Not Ranked
Quote:
Originally Posted by Randy Rosenberg
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Like the FIA, but always wondered why anyone would paint an Alum 427 SC Cobra Replic silver of all colors?
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09-28-2009, 03:14 PM
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CC Member
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Join Date: Jun 2005
Cobra Make, Engine:
Posts: 3,077
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Not Ranked
Good info!! Billboards have slight cracking take off $1,000, one side pipe has small dent and side pipe paint is not continuous, I guess the new owner can get another can of oven paint. Body is so filthy I cannot tell how many scratches are actually there, maybe none, but what I dont know I assume. Engine leaking oil and if it only has 500 miles it was the hardest 500 miles but possilbe and that is what the odometer said. I would not give 1 penny over $65K. I would rather spend $80K and know exactly what I have with a documented engine build. This engine may have a documented build but I never saw any paperwork and it was not offered. The block was supplied by SA and the owner supplied heads and bolts? The only thing that impressed me was the aluminium body, (my wife thought it was scratched, I told her that is a brushed finish LOL) I loved and was memorized by the body and the craftsmanship other than that the car was not a standout to me so the only thing that can make it a standout is a low price. The heads were painted blue, I guess they were aluminium. You forgot to mention in your price you are getting a NEW car, this was a 2005 build. Buddy noticed slight rust marks on the windsheild upright. Like I said for mid 60's you cant go wrong above that is diminishing value. Sheet if you cannot clean a car up to show how much do you want sell or just passify somone else wanting you to sell??
Quote:
Originally Posted by RodKnock
Mad, I respect your opinion and everyone will have their own on value, but, and I'm sure you're aware of this, a Kirkham roller is $57K plus the brushed finish, center stripes and pit stripes add about $10K. Billboards +1K, 42-gallon gas tank +$2K. There are some miscellaneous options installed on that Kirkham, but don't add anything significant. So, that car as a roller sans engine and tranny is $70K. Thus, for $70, you get the Kee toploader, aluminum head dual quad FE S/O engine, miscellaneous options and the fitting of the headers for free.
It may sell for $65K, but I will tell you that for that price range, I just may have to buy it.
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09-28-2009, 03:18 PM
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CC Member
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Join Date: Jun 2005
Cobra Make, Engine:
Posts: 3,077
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Not Ranked
Once again I am not a professional car appraisel or certified mechanic. My opinion is for entertainment purposes only. I am not bidding on this car. I looked at the car yesterday and for all I know it is fully polished today and in pristine condition.
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09-28-2009, 03:31 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,591
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Not Ranked
FE's have a reputation for leaking, so that, in it of itself, shouldn't be a deal breaker for someone out there. Is the block an aluminum CSX block? If so, the early CSX blocks did have problems, which by the drilling of a hole, can be repaired.
First hand knowledge is always better than armchair quarterbacking from CA. That's for sure. Of course, maybe you're "sandbagging" everyone that you can buy it cheaper. (just kidding around).
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09-28-2009, 03:43 PM
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CC Member
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Join Date: Jun 2005
Cobra Make, Engine:
Posts: 3,077
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Not Ranked
It did not appear to be an aluminium block, once again I am not a professional car person or mechanic. I am not buying or bidding on the car, I made an offer yesterday and it was rejected. I know the cash in my bank account will not loose value except for inflation, LOL!!! I am cheap and only buy things I can make money on so my opinion probably is out of line on value.
Quote:
Originally Posted by RodKnock
FE's have a reputation for leaking, so that, in it of itself, shouldn't be a deal breaker for someone out there. Is the block an aluminum CSX block? If so, the early CSX blocks did have problems, which by the drilling of a hole, can be repaired.
First hand knowledge is always better than armchair quarterbacking from CA. That's for sure. Of course, maybe you're "sandbagging" everyone that you can buy it cheaper. (just kidding around).
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09-28-2009, 04:50 PM
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Senior Club Cobra Member
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Join Date: Jul 2002
Cobra Make, Engine:
Posts: 15,712
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Not Ranked
They don't have to leak, FE's, but I concur that many do. Something that still leaves me baffled, it ISN'T a given. Mine doesn't leak, and I'm not some hot shot mechanic OR someone who got lucky. I just took extaordinary care with all the sealing surfaces and took nothing for granted. Did extensive research right here on Club Cobra to be aware of what to look for.
Recently attended a car show, newly converted GT-500 Eleanor fastback there. Brand new Genesis block, alloy heads, polished everything, dual fours, awesome! $30,000 for the motor alone. Couldn't drive it, trailored in, bottom of the bell housing covered in oil... WHAT is UP with THAT???? 30K and it leaks oil? Unacceptable, but yeah, all to dang common.
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09-28-2009, 05:01 PM
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CC Member
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Join Date: Jun 2005
Cobra Make, Engine:
Posts: 3,077
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Not Ranked
Using 57K (chassis) +10K (brushed finish) + 2K (gas tank) + .5K (tires) + 15.4K (SA 427 side oiler) + $3.5K trans and misc = $88.4K
So for a new build less labor, owner installed himself he appears to have about $88.4K into car unless I am missing something. Wow!!! Once you put pen and paper to it RodKnock is right.
It just does not look like a $90K car. I still would not go more than $65K but it is definelty worth more than that, probably $75K?. From what I saw some sell for on cobra country individuals must loose upwards of $25K to 35K when they sell these things.
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09-28-2009, 05:42 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,591
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Not Ranked
Quote:
Originally Posted by madmaxx
From what I saw some sell for on cobra country individuals must loose upwards of $25K to 35K when they sell these things.
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More or less...yes. Of course, there are many variables with parts, labor and the seller's situation. Obviously, buying a used car is almost always cheaper than new.
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09-28-2009, 05:57 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,591
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Not Ranked
Also, those additional parts like the oil puke tank, coolant recovery, and other Kirkham options (powdercoated bulkhead, wheelwell foam, Halon system, adjustable seat tracks, etc.) probably add another 2-3 thousand. Further, the dual quad setup is probably worth a couple grand, if done right.
I'm curious what block was used for the build. Certainly not a very good ad or detailing the car for sale.
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09-28-2009, 05:59 PM
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CC Member
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Join Date: Jun 2005
Cobra Make, Engine:
Posts: 3,077
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Not Ranked
He indicated a 1974 or 1972, didnt sound for sure or at least that is what i thought he said. The car was not detailed to sale in my opinion. But hat soff to kirkham they make a beautiful body.
Quote:
Originally Posted by RodKnock
Also, those additional parts like the oil puke tank, coolant recovery, and other Kirkham options (powdercoated bulkhead, wheelwell foam, Halon system, adjustable seat tracks, etc.) probably add another 2-3 thousand. Further, the dual quad setup is probably worth a couple grand, if done right.
I'm curious what block was used for the build. Certainly not a very good ad or detailing the car for sale.
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09-29-2009, 06:21 PM
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CC Member
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Join Date: Feb 2006
Location: Atlanta,
ga
Cobra Make, Engine: WTB MK IV
Posts: 65
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Not Ranked
75k bid by a ebayer with zero feedback. watch for a relist
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09-29-2009, 06:39 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,591
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Not Ranked
Quote:
Originally Posted by henryr
75k bid by a ebayer with zero feedback. watch for a relist
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I think you're 100% right.
I asked the seller some questions and the response gave me the feeling that there would be some shill bidding. It looks like one or two shill bidders to me, but you never know. The seller had a low reserve that was met quickly and then at about $56,000, with only less than a day to go, he decided he didn't want to sell it "too cheap."
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09-29-2009, 06:48 PM
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CC Member
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Join Date: Jun 2005
Cobra Make, Engine:
Posts: 3,077
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Not Ranked
Henry and Rodnock caught on the quickest. You both nailed it, congratulations you now know the minimium it will take. I think that is squirley if the reserve is met then it should sale to the highest bidder.
Quote:
Originally Posted by RodKnock
I think you're 100% right.
I asked the seller some questions and the response gave me the feeling that there would be some shill bidding. It looks like one or two shill bidders to me, but you never know. The seller had a low reserve that was met quickly and then at about $56,000, with only less than a day to go, he decided he didn't want to sell it "too cheap."
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09-29-2009, 06:54 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
On the topic of the value of the original CSX posted, keep in mind that a brand new painted alloy CSX4000 from Shelby is almost 100k. And that's just a ROLLER.
__________________
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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09-29-2009, 09:22 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,591
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Not Ranked
Steering back to the Kirkham for a moment, if you look closely in one of the pics, as I finally did, which shows the passenger side of the car, you'll see a reasonably-sized oil leak sitting on the ground where parked.
FWIW, the seller said his Southern Automotive receipt shows a 1968 standard bore side oiler block.
I don't think it will be going any higher than $75K, so the "winning bidder" seems to have gotten a decent deal for a Kirkham. For my $75K, I'd take Sal's CSX4241.
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