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 1Likes
01-10-2010, 10:41 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
CSX4158 For Sale, but Salvage due to Flood
I took this thread from the SAAC Forum. I wanted everyone to be informed. Not affiliated.
It also has 2002 SPCNS exemption from CA.
https://www.iaai.com/Vehicles/Vehicl...#anchorDetails |
01-10-2010, 10:59 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
I wonder if this is the Katrina car I saw in the back at Shelby in LV 2 months ago. If I'm not mistaken, the owner has another. 
rodneym |
01-10-2010, 11:06 PM
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Senior Club Cobra Member
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Join Date: Oct 2006
Location: Santa Cruz,
CA
Cobra Make, Engine: SPF 2613 Titanium w/Black, Roush 402SR
Posts: 4,097
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Not Ranked
More than likely, the SPCN exemption is no longer valid. The car still might be a great deal and interesting project for someone.
__________________
Doug
No stop signs, speed limit - Nobody's gonna slow me down - Like a wheel, gonna spin it
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01-10-2010, 11:08 PM
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CC Member
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Join Date: May 2008
Location: San Jose CA,
CA
Cobra Make, Engine: SPF_R_/BRG/FRBoss302/327CI/FordEFI/Under_Car_Exh/
Posts: 2,523
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Not Ranked
Someone will bring it back. --- it just needs a bath.
__________________
Steve SPF 2734 MK3 / Brock Coupe #54- panavia.com
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01-10-2010, 11:12 PM
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Senior Club Cobra Member
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Join Date: Oct 2006
Location: Santa Cruz,
CA
Cobra Make, Engine: SPF 2613 Titanium w/Black, Roush 402SR
Posts: 4,097
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Not Ranked
BTW - Here's a thread that was started by a former owner of the car. Not sure if he was the last owner.
Cobra Registration/Title in Georgia
__________________
Doug
No stop signs, speed limit - Nobody's gonna slow me down - Like a wheel, gonna spin it
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01-11-2010, 06:35 AM
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CC Member
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Join Date: Mar 2008
Location: Lantana,
TX
Cobra Make, Engine: Just dreaming at this point
Posts: 201
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Not Ranked
This car must of been owned by the same guy named Kirby over on the www.fordgtforum.com site that also lost a Ford GTX1 (Ford GT with the roof chopped off) in a flood last year.
http://www.fordgtforum.com/forums/sh...ad.php?t=17761
From the sounds of it the flooding was so bad in Georgia last year that whole sub divisions of houses well outside the 100 year flood plain were covered above their 2nd story roof lines.
What a shame to lose two pieces of automotive history, not to mention probably everything else he lost  |
01-12-2010, 10:37 AM
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CC Member
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Join Date: Mar 2007
Cobra Make, Engine:
Posts: 13
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Not Ranked
Good car for total resto. if sold it came for resonable bucks.
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01-12-2010, 11:24 AM
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CC Member
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Join Date: Mar 2008
Location: Lantana,
TX
Cobra Make, Engine: Just dreaming at this point
Posts: 201
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Not Ranked
It appears to have sold for $38,525, not counting any premiums, tax or other charges that the auction could of added on.
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01-12-2010, 11:55 AM
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CC Member
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Join Date: May 2008
Location: Sacramento,Ca.,
Ca.
Cobra Make, Engine: Midstates (2001)
Posts: 1,724
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Not Ranked
I guess that would be just about right for a CSX with a junk title......
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01-12-2010, 12:09 PM
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CC Member
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Join Date: May 2008
Location: San Jose CA,
CA
Cobra Make, Engine: SPF_R_/BRG/FRBoss302/327CI/FordEFI/Under_Car_Exh/
Posts: 2,523
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Not Ranked
Someone got a not to bad deal.
__________________
Steve SPF 2734 MK3 / Brock Coupe #54- panavia.com
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01-12-2010, 12:22 PM
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Banned
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Join Date: Oct 2003
Location: Yorba Linda,
CA
Cobra Make, Engine: SPF w/392CI stroker
Posts: 3,293
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Not Ranked
Quote:
Originally Posted by slider701
It appears to have sold for $38,525, not counting any premiums, tax or other charges that the auction could of added on.
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They may have twice that in this before it's done. Depends on whether or not the motor is rebuildable as is. All the electrical (including gauges) and interior has to be replaced. Unless you have the right resources, restoring a car in this condition can get expensive faster than you realize.
-Dean |
01-12-2010, 12:55 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
I'm not an eagle-eye like many of you, but if the car is an aluminum CSX, then I would say good deal. If the car is a fiberglass CSX, then I would say NOT a good deal.
Personally, based upon absolutely no information, I wonder, assuming the flood was last year sometime, how much mold has grown.
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01-12-2010, 01:03 PM
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CC Member
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Join Date: Apr 1999
Location: cleveland,
OH
Cobra Make, Engine: CSX4000, 427
Posts: 1,999
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Not Ranked
Quote:
Originally Posted by RodKnock
I'm not an eagle-eye like many of you, but if the car is an aluminum CSX, then I would say good deal. If the car is a fiberglass CSX, then I would say NOT a good deal.
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It is an aluminum car.
I'm guessing the guts of the engine and tranny, and maybe differential need to be replaced no matter what as well.
__________________
"After jumping into an early lead, Miles pitted for no reason. He let the entire field go by before re-entering the race. The crowd was jumping up and down as he stunned the Chevrolet drivers by easily passing the entire field to finish second behind MacDonald's other team Cobra. The Corvette people were completely demoralized."
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01-12-2010, 01:27 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
Well at least the auction company gave it a genuinely correct description... 
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01-12-2010, 02:18 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 Excaliber
Well at least the auction company gave it a genuinely correct description... |
Rah Roh. The red light on Evan's computer just illuminated. 
Just thinking about it, almost $40K for even an aluminum CSX with a salvage title seems like a lot to me. In general, cars with salvage titles don't get much more than 50% +/- of the market value of a car with a clean title. |
01-12-2010, 02:22 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
Being as it's an alloy car, I'd be tempted to take the risk at the price. Is it worth it? Well, are you feeling lucky? It could be a decent buy or it could be a bust. A lot of that depends on the guy who buys it. Me? I'd come out all right on it, I have little doubt of that.
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01-12-2010, 03:15 PM
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CC Member
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Join Date: Apr 2009
Location: Bethesda,
MD
Cobra Make, Engine: CSX 6022, navy blue, period correct 427 SO
Posts: 2,154
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Not Ranked
The real question for me is what happens when you go to sell it at some point and its marked as a flood salvage car?
__________________
“There are only three sports: bullfighting, motor racing, and mountaineering; all the rest are merely games.”
www.partskeeper.com
(Less time searching, more time wrenching & driving)
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01-12-2010, 03:51 PM
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CC Member
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Join Date: Apr 1999
Location: cleveland,
OH
Cobra Make, Engine: CSX4000, 427
Posts: 1,999
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Not Ranked
Quote:
Originally Posted by RodKnock
Just thinking about it, almost $40K for even an aluminum CSX with a salvage title seems like a lot to me. In general, cars with salvage titles don't get much more than 50% +/- of the market value of a car with a clean title.
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A fiinished aluminum 4000 car sells for about $115-125K, or more.
__________________
"After jumping into an early lead, Miles pitted for no reason. He let the entire field go by before re-entering the race. The crowd was jumping up and down as he stunned the Chevrolet drivers by easily passing the entire field to finish second behind MacDonald's other team Cobra. The Corvette people were completely demoralized."
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01-12-2010, 03:56 PM
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CC Member
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Join Date: Dec 2001
Location: San Diego,
CA
Cobra Make, Engine:
Posts: 2,979
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Not Ranked
If I bought it I would order a new frame from the Kirkhams so you have a new car when done and not a salvage title.
__________________
Remember, It's never too early to start beefing up your obituary.
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01-12-2010, 04:39 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 Anthony
A fiinished aluminum 4000 car sells for about $115-125K, or more.
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Once this CSX is rebuilt, potentially with a new drivetrain and interior, maybe gauges (?), wiring harness (?), paint (?), who knows what else, your cost basis could grow to twice your original investment.
If I'm "all in" at $80K, then I don't think 40K is a good buy, but that's JMHO. Of course, if you have the skills, knowledge and tools to do most of, if not, all the work, then it might look like a better "investment."
Last edited by RodKnock; 01-12-2010 at 09:04 PM..
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