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Kirkham Motorsports

 
 
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  #1 (permalink)  
Old 02-20-2005, 04:12 PM
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Default SPF # 705 on Ebay

Delayed but it's happening. go to
http://cgi.ebay.com/ebaymotors/ws/eB...528940774&rd=1
or navigate ebaymotors/passenger/shelby/all
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Old 02-21-2005, 01:28 PM
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Default Very curious auction?

I know it happens and I'm sure everything is on the up and up;

However, I do find it exceedingly curious that according to Mapquest, the seller and the individual bidder who ran the price up to it's current astronomical level are coincidentally located within six miles of each other.

Then there's the other bidder who hails from the Czech Republic and has been a member for all of two weeks.

As always your mileage may vary

Regards,
Doug
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Old 02-21-2005, 02:50 PM
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Default Re: Very curious auction?

Quote:
Originally posted by sfflyfish
current astronomical level[/b]
The current bid is $45,100. What's astronomical about that?
That actually looks like a decent price for this car. The bidders may be suspect based on your observations, but the price does not seem out of line.

David
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Old 02-21-2005, 04:26 PM
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Default

Yeah.... I saw that too.. Looking forward to see who wins and if it will be relisted like two others this week have been.
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Old 02-21-2005, 05:05 PM
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Default

I know the story behind the St Petersburg bidder. A dealer who got local hint of the auction and seems to have lost interest at current bid. I intend on taking some action regarding the Czech bidder. Thanks for the observations. I hadn't been looking closely at those bidders yet.
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Old 02-22-2005, 09:51 AM
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Default "Astromomical?"

Perhaps I should have been more succinct?

Maybe 45K is not 'astronomical' in the rest of the market, but as a rule SP cars do not usually get to this level during the course of LEGITIMATE bidding on Ebay.

My observations show about 10% less is more the norm.

Regards,
Doug
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Old 02-22-2005, 10:08 AM
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Default

ebay bids for higher end brand cobra replicas are not a sign of anything relative to values. many deals are done off line, with ebay being only an advertisement of what is on the market. the cost to list it on ebay is peanuts.

i have seen many high quality ebay replicas not bring squat relative to decent bids. some are quirks and do bring high bids, but then some of those deals fall thru or are buddy shills , just 'missing' reserve. duh, how do they know.

the winter market is about to leave us and the typical seasonality of increased 'toy' sales in the spring is about upon us.

check out cobra country, lots of good values there of all brands, some absurdly priced too high and some are realistic. several have sold recently of mixed brands that were fairly priced for seller and buyer.

i follow ebay for price trends and availability of several other 'toy ' cars (non cobra replicas) and many times see the same thing. overpriced dreamers, folks who need cash asap and bail at a low price, and many that sell at what appears to be a fair price.

anyone using ebay exclusively as a barometer on any brand's car value is dreaming...and folks who think they can recover their investment in replicas are mostly dreamers too, especially at the high end. depreciation is part of the hobby...kinda like greens fees at the golf course or dockage for your boat..extraneous costs necessary to support whatever it is that is your hobby.

ya still lose more in one year with a new caddy or lincoln in depreciation than you do with a well bought cobra replica in 2-4 yrs, barring any major trans or engine rebuild or silly over-pay for a custom exotic motor that few want or can afford .

if i was to sell, i would list it on ebay only with the thought of getting the message out to the public and hope for an offline deal if bids were not high. cobra country and club cobra would be the next adv location, perhaps hemmings or ford/mustang national trader too. two cars recently sold on cobra country within 2 wks of their listing and at their asking price. now that says something more than ebay bids..

but alas, these cars are always easy to buy and hard to sell, like my other toys --and worth more to the seller than the buyer.

my thoughts anyway..i believe in ebay as a message listing but dont trust half the bids (especially private auctions) and i dont use the bids shown as a true value barometer..

bill...
 


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