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 49Likes
01-22-2019, 10:13 AM
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CC Member
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Join Date: Jan 2016
Posts: 498
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Not Ranked
@restocreation
one question occures while reading...
what was your plan in the first place?
building a car for selling it and earning some money
or building it for your own joy?
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01-22-2019, 10:44 AM
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Full Blown Member
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Join Date: Sep 2008
Cobra Make, Engine: KMP 427 S/C, Twin Paxton 511 FE
Posts: 2,594
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Not Ranked
Quote:
Originally Posted by peterpjb
@restocreation
one question occures while reading...
what was your plan in the first place?
building a car for selling it and earning some money
or building it for your own joy?
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Excellent question. If he made the car to sell for profit, he made a BAD choice.
If he made it to enjoy, he made a great choice (subjective, really, but we can grant him that one).
The day will come when I sell my hot rod, and I'll take a bath. But I built it for me to enjoy it. Anybody who is looking to get their money back, or make a profit, from a hobby car isn't being realistic. Sure there were times when you could get a roller for $XXX, then the prices would go up and you could sell it for more, but that's NOT a hard and fast rule. If you can't afford to have that "asset" disappear without a trace (or recover a dollar from insurance) and not sweat a dime, then you have no business owning a fun car as absurd as a Cobra.
Now, about that black paint...
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rodneym
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01-22-2019, 10:47 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: 22,005
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Not Ranked
Quote:
Originally Posted by rodneym
The day will come when I sell my hot rod, and I'll take a bath...
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There's still time to add a second roll bar and paint it beige.  |
01-22-2019, 10:50 AM
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Full Blown Member
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Join Date: Sep 2008
Cobra Make, Engine: KMP 427 S/C, Twin Paxton 511 FE
Posts: 2,594
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Not Ranked
That would make it worth ERA 732...
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rodneym
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01-22-2019, 10:52 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: 22,005
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Not Ranked
Wait a minute, this car isn't the same as the "flood car," right? I think that was a CSX car. Did that guy end up making money on that deal?  |
01-22-2019, 10:54 AM
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Full Blown Member
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Join Date: Sep 2008
Cobra Make, Engine: KMP 427 S/C, Twin Paxton 511 FE
Posts: 2,594
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Not Ranked
No, you're thinking of rsimeos and the Iron Man car that accidentally ran over his wife's foot.
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rodneym
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01-22-2019, 10:57 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
I had to go back and look at resto's history, because I was confused. Resto built/rebuilt the "Ironman" 427 S/C (Kirkham).
Snakehunter rebuilt the "flood car" CSX4158.
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01-22-2019, 10:57 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: 22,005
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Not Ranked
Quote:
Originally Posted by rodneym
No, you're thinking of rsimeos and the Iron Man car that accidentally ran over his wife's foot.
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You've managed to combine three or four separate horror stories in to one big f*** up.  It's hard to make a buck in the Cobra replica game. You're way better off as just looking at it like a trip to the islands. When it's over, you will have enjoyed yourself, but you will have less money in your pocket than when you started. |
01-22-2019, 10:59 AM
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CC Member
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Join Date: Oct 2010
Location: Raleigh,
NC
Cobra Make, Engine: 289 FIA Superformance 425hp 289
Posts: 122
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Not Ranked
All those issues and you rolled it into a “no reserve” auction? Hmmm....
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01-22-2019, 11:00 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
rsimoes built (work actually by David Wagner) a 527ci Kirkham 427 S/C, spent about $127,000 (and that was a very long time ago) and ultimately sold it on eBay for $88,000. That was an awesome build. I think I put in a bid on that car.
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01-22-2019, 11:02 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've managed to combine three or four separate horror stories in to one big f*** up.
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Can we please keep these great Cobra build stories straight for heaven's sake?  |
01-22-2019, 11:06 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
There's still time to add a second roll bar and paint it beige. |
Talk about a value killer. Beige paint, 428 engine and two roll bars. Might as well drive it into the local river and collect the insurance money to be made whole.
After quiickly reviewing Resto's build thread for his Kirkham 289 FIA, I have to say, there seemed to be a lot of "custom" work done to that car. And the Ford Racing 363 with the high port heads wasn't the best choice IMO. But I'm a sample of one. |
01-22-2019, 12:04 PM
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Full Blown Member
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Join Date: Sep 2008
Cobra Make, Engine: KMP 427 S/C, Twin Paxton 511 FE
Posts: 2,594
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Not Ranked
If that was one person's story, it would have been worthy of a Lifetime channel movie of the week.
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rodneym
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01-22-2019, 12:09 PM
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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: 22,005
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Neutral
Of all my favorite Cobra-Gone-Bad stories, rsimoes takes the cake. It's followed closely by Tinman's sad story, but the fact that there was an injury on that one takes it off the table.
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01-22-2019, 12:38 PM
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Full Blown Member
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Join Date: Sep 2008
Cobra Make, Engine: KMP 427 S/C, Twin Paxton 511 FE
Posts: 2,594
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Not Ranked
True. I didn't mean to make light of the situation. Just that it was a saga.
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rodneym
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01-22-2019, 12:40 PM
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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: 22,005
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Not Ranked
Quote:
Originally Posted by rodneym
True. I didn't mean to make light of the situation. Just that it was a saga.
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Well, last I heard everything turned out ok. That's been a while now though. |
01-22-2019, 12:54 PM
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Full Blown Member
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Join Date: Sep 2008
Cobra Make, Engine: KMP 427 S/C, Twin Paxton 511 FE
Posts: 2,594
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Not Ranked
Hopefully the new owner is enjoying it.
They may have even stayed away from here due to the story...
__________________
rodneym
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01-22-2019, 01:15 PM
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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: 22,005
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Not Ranked
Quote:
Originally Posted by rodneym
Hopefully the new owner is enjoying it.
They may have even stayed away from here due to the story...
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Last time I chatted with him, he had decided to keep the car and "give it one last chance." Apparently, all family members were on board with that decision.  |
01-22-2019, 06:40 PM
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CC Member
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Join Date: Apr 2016
Location: Phoenix,
AZ
Cobra Make, Engine: Ex owner of a polished Kirkham 427 S/C. Now Cobra-less and driving a mid-engine German hot rod.
Posts: 828
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Not Ranked
Quote:
Originally Posted by patrickt
Well, nothing like a little "sour grapes" for breakfast. And I suppose it's just human nature to blame others when you lose money on a deal, but to take full credit for everything when you make it.  |
Agree - and BTW I have had nothing but great support from David and his guys.
The OP here knew what he was buying going in - yes aluminum is softer than steel and it dents and scratches. You polish it out (not that hard) or you live with the road scars (badge of honor). Take some responsibility here and quit moaning because you didnt make a profit. |
01-22-2019, 07:55 PM
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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
At a local Cars and Coffee get together a few month ago, there was a Kirkham 427 that was unpainted, kind of dirty, wheels had brake dust on them, engine wasn't bright and shinny... you get the idea. I liked it and I usually don't like unpainted cars. The body was what I would describe as oxidized brushed. Beyond filed for sure but not polished! It had a 'used' look to it, a couple road scars, a couple small dents but it was pretty cool! Only thing I didn't like was the polished stripes but whatever.
Larry
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