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Kirkham Motorsports

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  #21 (permalink)  
Old 12-05-2008, 02:22 PM
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Yet several have been sold at auctions this year for $55-88K (all superformance). I will wait and see. I am not going to argue with anyone until after I sell. I may be wrong, I may be right. It depends on the buyer. Just like there have been CSX cars this year sell for $69000 and some sold for $130000. It all depends on the car and the buyer
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  #22 (permalink)  
Old 12-05-2008, 02:27 PM
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I think Bill is talking about the last 2-3 months. Earlier this year was a different market entirely. The $88K seems like SPF GT40 money.
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  #23 (permalink)  
Old 12-05-2008, 03:40 PM
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THese guys all trying to convince you to sell cheaper.. I wonder if any one of them is or knows a prospective buyer? Ha!Ha!Ha!
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  #24 (permalink)  
Old 12-05-2008, 04:14 PM
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Quote:
Originally Posted by csx4910 View Post
Yet several have been sold at auctions this year for $55-88K (all superformance).
Your car is certainly in a different class because of the auto trans/paddles and the big inch 'stack injection' engine. Good luck and we hope you get what you're asking! Higher resale values help all Cobra owners in a rotten economy. We should be cheering you on, not blasting you. I just believe, realistically, that given the overall circumstances of a declining economy, winter season and an auto trans Cobra, the pool of willing buyers for your beautiful car is quite thin at the moment.

Last edited by RedBarchetta; 12-05-2008 at 04:17 PM..
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  #25 (permalink)  
Old 12-05-2008, 04:24 PM
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Originally Posted by Danr55 View Post
THese guys all trying to convince you to sell cheaper.. I wonder if any one of them is or knows a prospective buyer? Ha!Ha!Ha!
No, no buyers for anything but Vintage (CSX2000's actually) Cobras at this time. Not looking to buy for myself either, I got out mid year 2007 and have not really looked back since. Pre June 2008 prices were different than late August 2008, by early October 2008 prices had been down 10-20% across the board (I only track private party sales as auction sales can be misleading and are not considered "real world market pricing" except in the day to day used car market).


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  #26 (permalink)  
Old 12-05-2008, 07:01 PM
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WOW, it has and will always amaze me how corvettes and classics on the North side of Houston sell their spf for high 60's/low 70's. They have a spf right now with a non-roush small block and I have to admit the odometer shows 1500 miles but it looks like more than that to me and they are asking 66K and they will get it, earlier this summer they had two new spf with roush 427 and was asking 74,900, I asked they guy what they will actually sell for and he said 70K, and couple weeks later they were gone. Houston is a year around market and the last to be hit by the economic crisis and and on top of that the most affordable housing in the country so there are some other things helping out also. I have no doubt a roush powered spf in great condition would fetch upper 50's right now, the least one would sell for as long as it were clean would be 47500.
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  #27 (permalink)  
Old 12-05-2008, 08:06 PM
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Wait until next March to try and sell it.
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  #28 (permalink)  
Old 12-05-2008, 08:12 PM
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KMP297 will be on its way to France shortly..........I think it was a good buy for the buyer and I am happy with the price.

Hmmmmmm.......I can see another cobra in my future.....the search is on!!!


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  #29 (permalink)  
Old 12-06-2008, 09:51 AM
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KMP297 will be on its way to France shortly..........I think it was a good buy for the buyer and I am happy with the price. hmmmmmm.......I can see another cobra in my future.....the search is on!!!
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Wow, after a KMP with an FE, what could possibly be next?
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  #30 (permalink)  
Old 12-07-2008, 09:27 AM
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Brian- Good luck with your search, bud. As I'm sure you are well aware, sometimes the search for something new can be the most rewarding part (well........besides DRIVING the "something new"!).

We still need to get together for some golf sometime. We just need to sit down at a PC and make it happen.
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  #31 (permalink)  
Old 12-07-2008, 11:05 AM
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decooney ~ yea, besides an original you would think the Kirkham is the ultimate......and it probably is. I found it too nice to drive and felt uneasy leaving it parked somewhere. The FE added to its originality although I am not a mechanic by any stretch or the imagination. My thoughts are a street version (no scoop, rollbar or side pipes) if I found a great deal on something, SPF, ERA, etc. Something used and something I could jump in and take a long cruise in and not be afraid of getting rained on. With the Kirkham, if there was a cloud in the sky it didn't leave the garage. A GT40 is also interesting......we will see.

Terry ~ You are right about cars and the golf......my apologizes for not getting ahold of you. I am just sitting here in my office looking at all of the golf sh!t I have sitting around and thinking I don't think I can wait til Spring in Ohio to play!
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  #32 (permalink)  
Old 12-07-2008, 06:02 PM
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Quote:
Originally Posted by bnewell View Post
decooney ~ yea, besides an original you would think the Kirkham is the ultimate......and it probably is. I found it too nice to drive and felt uneasy leaving it parked somewhere. The FE added to its originality although I am not a mechanic by any stretch or the imagination. My thoughts are a street version (no scoop, rollbar or side pipes) if I found a great deal on something, SPF, ERA, etc. Something used and something I could jump in and take a long cruise in and not be afraid of getting rained on. With the Kirkham, if there was a cloud in the sky it didn't leave the garage. A GT40 is also interesting......we will see.

Terry ~ You are right about cars and the golf......my apologizes for not getting ahold of you. I am just sitting here in my office looking at all of the golf sh!t I have sitting around and thinking I don't think I can wait til Spring in Ohio to play!
I know what you mean. I just got rid of a MINT 04 Cobra, that had 3300 miles on it. I never felt like I wanted to drive it.

Give me a driver! I got a SPF so I could buy official FOCS gear!

E
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  #33 (permalink)  
Old 12-07-2008, 06:08 PM
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Hey Eric.......still have your shirt?? If not, I have more for sale






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  #34 (permalink)  
Old 12-08-2008, 05:24 PM
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I am excited as Russo and Steele has accepted my car into their auction for the Jan, 2009 auction in Scottsdale. I guess I will find out one way or the other what the market will bear. At least I am able to put a reserve on the car so protect myself.
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  #35 (permalink)  
Old 12-13-2008, 01:42 PM
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What kind of commission do you have to pay the folks at Russo & Steele? Do you still have to pay them something if the car doesn't sell?

Best of luck with the sale!
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  #36 (permalink)  
Old 12-13-2008, 02:47 PM
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If it sells a 10% sellers fee. If it doesn't then just the entrance fee of $850 (if the car sells they waive this). I figure with the deeper pockets of some of the people that go to these auctions, if it doesn't sell there then I will sit on it for a year or so and see what the economy does.
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