New Backdraft Owner

[Zeke]

1 quick question, can you describe your very 1st drive in your new Cobra?

[csw]

Not sure quick can describe it! I drove, and almost bought a Unique about a year ago, and it was very nice car, but my gut kept telling me that I really wanted the modern day drive train of the Backdraft and loved the lines of them vs the Unique. Flew to West Palm Beach without ever seeing a Backdraft in person and Frank picked me up at the airport and took me to their showroom about 15 min away If a doctor would have had a monitor on my heart there would have been a convoy of ambulances behind us as I felt is was about to jump out of my chest. Walk in the showroom, met Reg, Brian, and the rest of the crew and then saw the car. I was so nervous, I let Frank back it out and drive it first. We pulled over and I'm still not sure how I got the harness buckled, but what a rush of adrenaline it was when I got in the driver's seat. After 10 years of researching, reading every topic on here about ownership, and dreaming of being behind the wheel, nothing could not describe what I felt. Drove the car twice that day before catching my plane back to GA and couldn't wait to see my wife and kids face the next week when it would arrive at our house. They arranged the shipping, but I didn't know 3 days could take so long! Finally arrived at the house and the look on my kids and wife's face when they opened the trailer was priceless. The joy, smiles, and memories we have as a family are worth every penny and more as we have put 1000 miles on it in about 2 months and the kids beg to get it out and ride. All the stories you read about owning one are spot on, the 30 minute gas station fill ups, the pictures and thumbs up at red lights, and just the smiles that the car puts on peoples' faces is amazing. I have even started letting kids who inquire about the car sit in and have their picture taken and hopefully this will begin a love of cars with them.
Not sure I answered your question, but this car is a joy to drive...or as I call it, stress relief after a long day or week!

[Hrdayz]

Congrats and welcome.

[Zeke]

Originally Posted by csw

Not sure quick can describe it! I drove, and almost bought a Unique about a year ago, and it was very nice car, but my gut kept telling me that I really wanted the modern day drive train of the Backdraft and loved the lines of them vs the Unique. Flew to West Palm Beach without ever seeing a Backdraft in person and Frank picked me up at the airport and took me to their showroom about 15 min away If a doctor would have had a monitor on my heart there would have been a convoy of ambulances behind us as I felt is was about to jump out of my chest. Walk in the showroom, met Reg, Brian, and the rest of the crew and then saw the car. I was so nervous, I let Frank back it out and drive it first. We pulled over and I'm still not sure how I got the harness buckled, but what a rush of adrenaline it was when I got in the driver's seat. After 10 years of researching, reading every topic on here about ownership, and dreaming of being behind the wheel, nothing could not describe what I felt. Drove the car twice that day before catching my plane back to GA and couldn't wait to see my wife and kids face the next week when it would arrive at our house. They arranged the shipping, but I didn't know 3 days could take so long! Finally arrived at the house and the look on my kids and wife's face when they opened the trailer was priceless. The joy, smiles, and memories we have as a family are worth every penny and more as we have put 1000 miles on it in about 2 months and the kids beg to get it out and ride. All the stories you read about owning one are spot on, the 30 minute gas station fill ups, the pictures and thumbs up at red lights, and just the smiles that the car puts on peoples' faces is amazing. I have even started letting kids who inquire about the car sit in and have their picture taken and hopefully this will begin a love of cars with them.
Not sure I answered your question, but this car is a joy to drive...or as I call it, stress relief after a long day or week!

Thank you very much for the details on your 1st time experience. Reading this just gets me even more excited. I'm in the same boat ....been wanting a Cobra since my teens. I am about 13 more payments until house is paid off then I will be taking out a new loan for my Backdraft Cobra. I guess I just wanted to hear what it was actually like to actually go through with it. One last question.... How about how the car performs? Was it everything you expected?

[Slick61]

Originally Posted by Zeke

...been wanting a Cobra since my teens. I am about 13 more payments until house is paid off then I will be taking out a new loan for my Backdraft Cobra. I guess I just wanted to hear what it was actually like to actually go through with it. One last question.... How about how the car performs? Was it everything you expected?

getting a loan on a Backdraft (or any replica) is typically a dicey proposition that you'd likely pay through the nose for. Most lending institutions won't touch a hand-built or special-construction type of vehicle- just like most auto insurance companies won't touch them. These are expensive toys, and are not typically purchased/driven/registered/insured like a normal production car. But if you can finagle it... knock yerself out...

[Hrdayz]

Originally Posted by Slick61

getting a loan on a Backdraft (or any replica) is typically a dicey proposition that you'd likely pay through the nose for. Most lending institutions won't touch a hand-built or special-construction type of vehicle- just like most auto insurance companies won't touch them. These are expensive toys, and are not typically purchased/driven/registered/insured like a normal production car. But if you can finagle it... knock yerself out...

I financed a portion (about 50%) of my purchase. What I found is that credit unions are easiest and since I have been banking with my institution for more than 25 years that established history help greatly. My experience was pretty painless and after providing the bank an appraisal of the vehicle and an insurance quote which established an agreed value , no problem. As far as insurance goes Midwest classic is the best I found. I tried shopping around but most others didn't come close as far as rates and flexible terms for use. Heck I occasionally drive my car 90 miles each way to work on a weekend. Try getting one of the major insurance companies to agree to that.

[tpatodd]

Another option is to take an equity line out on your house.

1) They don't know where/what you are spending the money on
2) Prime + rate
3) Interest is tax deductible

Just an idea...

[TimeForACobra]

Originally Posted by tpatodd

Another option is to take an equity line out on your house.

1) They don't know where/what you are spending the money on
2) Prime + rate
3) Interest is tax deductible

Just an idea...

Home Equity Line of Credit worked best for me, too.

[Zeke]

Originally Posted by TimeForACobra

Home Equity Line of Credit worked best for me, too.

This is exactly what I will be doing! Put some $$ down finance through home equity loan. Interests rates are rock bottom right now.

[HeloMan29]

Congrats