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Old 05-24-2012, 08:20 AM   #1
 
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115k for this thing? are they really worth that much?

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Old 05-24-2012, 08:22 AM   #2
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not to me lol
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Old 05-24-2012, 08:24 AM   #3
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Hmmmmmm this old piece of slow shit or a new gt500 plus mods and a daily driver......hmmmmm tough choice!

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Old 05-24-2012, 08:35 AM   #4
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And it says it's a 32v 302.
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Old 05-24-2012, 08:38 AM   #5
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They go for that. Add says it's an R.

Seller's Notes: COBRA R. #107 out of 107 made.

I wouldn't pay that for it, but some collector will.
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Old 05-24-2012, 08:38 AM   #6
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Maybe they accidentally added two 1's to the beginning? $5,000 sounds more reasonable.
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Old 05-24-2012, 08:42 AM   #7
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Its collector value is two-fold

#1: it's immaculate with no miles

#2: it's the last fox cobra R made, period.

Do I think it is worth $115k? No. Will it be worth hundreds of thousands one day, for sure IMO.
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Old 05-24-2012, 08:43 AM   #8
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Maybe they accidentally added two 1's to the beginning? $5,000 sounds more reasonable.
Not for a cobra. People love these cars. Hell even clean foxes go for good coin these days.
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Old 05-24-2012, 08:43 AM   #9
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It's. Just. So. UGLY
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Old 05-24-2012, 08:46 AM   #10
 
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32v 302? ITS GOT A COYOTE MOTOR.
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Old 05-24-2012, 08:47 AM   #11
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Old 05-24-2012, 08:48 AM   #12
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32v 302? ITS GOT A COYOTE MOTOR.
That's the only way it would actually be fast.

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Old 05-24-2012, 08:49 AM   #13
 
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Old 05-24-2012, 09:03 AM   #14
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115k for this thing? are they really worth that much?

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No they're not.
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Old 05-24-2012, 09:46 AM   #15
 
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no
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Old 05-24-2012, 10:11 AM   #16
 
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Silly Fords.
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Old 05-24-2012, 10:13 AM   #17
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Where were they hiding that thing...? I'd say it is worth half that plus a little for flawless preservation.
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Old 05-24-2012, 10:43 AM   #18
 
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I can see why they want that much I think it is too much but for a collector maybe not
with it being a r code makes it worth a lot more then a regular cobra
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Old 05-28-2012, 01:11 PM   #19
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its super rare - somebody will pay a buttload of money... just not me
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Old 05-28-2012, 01:14 PM   #20
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Its collector value is two-fold

#1: it's immaculate with no miles

#2: it's the last fox cobra R made, period.

Do I think it is worth $115k? No. Will it be worth hundreds of thousands one day, for sure IMO.
It will never be worth that much and this is why. The 90s are not the 60s, and the 2000s are not the 70s. The 60s early 70s cars were worth so much money because they were the best performing cars being sold til at least the early 90s, in the 90s til now, every single car gets better by the year, not worse, so why the fuck would anybody buy that thing for more money when a 2000gt is faster for 10k? It's all about supply and demand, not much demand for a car that is a lot slower than the new cars of today.
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Old 05-28-2012, 06:03 PM   #21
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It does have 54.9 miles on it.... it does still have the factory wrapping on a lot of stuff... but, I'd say 2/3rds the price maybe...
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Old 05-28-2012, 07:44 PM   #22
 
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Turk, you're wrong. A car's investment value is way more than it's performance in comparison to more modern vehicles. The value on a car is way more driven by the emotional connection buyers have to particular vehicle. I know will eventually pay top money for a restored 79-80' RX-7 some time down the road because I had some of the best times of my life in one.

I will agree that it is not worth that much now but it will be a 6 figure car within a decade. I would value that car right now to be closer to $60-65K. There are many people around my age now that remember the 93' Cobra R as one of their dream car. Why not buy that instead of a dime a dozen C6?
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Old 05-28-2012, 07:46 PM   #23
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Turk, you're wrong. A car's investment value is way more than it's performance in comparison to more modern vehicles. The value on a car is way more driven by the emotional connection buyers have to particular vehicle. I know will eventually pay top money for a restored 79-80' RX-7 some time down the road because I had some of the best times of my life in one.

I will agree that it is not worth that much now but it will be a 6 figure car within a decade. I would value that car right now to be closer to $60-65K. There are many people around my age now that remember the 93' Cobra R as one of their dream car. Why not buy that instead of a dime a dozen C6?
Then explain to me why most cars selling for over 100k are from 72 or earlier? Not many in the late 70s going for that much money eh? Performance isn't the only factor, but it has to do A LOT with it. Nobody is pining over owning a 1983 Corvette with 150hp.
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Old 05-28-2012, 07:48 PM   #24
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BTW, top dollar for the car that you want, will easily be under 10k for one in perfect shape.

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Old 05-28-2012, 08:37 PM   #25
 
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Then explain to me why most cars selling for over 100k are from 72 or earlier? Not many in the late 70s going for that much money eh? Performance isn't the only factor, but it has to do A LOT with it. Nobody is pining over owning a 1983 Corvette with 150hp.
The pre-73 big $ cars are still demand driven by emotion. A hemi Cuda convertable is a rare car that is worth a lot because it is "THEE" car that currently wealth baby-boomers dreamed of having back when they were in high school/college; when all they could afford was a 318 powered Plymouth Satelite.

As for an 83' Vette. Actually they would pay a huge figure for one since only about 40 were built and only one remains. For the sake of your argument, the 84' Vette is about as crap as any other but... the C4 was a jaw dropping car to the high school crowd in the mid 80's. Many 40-somethings may be willing to drop some money (not 6 figures though) on a well taken care of C4 over another weekend toy for the fleating chance to feel like a high schooler again or to just fulfill a lifelong dream. However, the limited production ZL-1 will pull huge money given the low production and emotional desirability of the greatest C4 made.

As for my RX-7 craving, I'd consider $10K to be big money for a car I bought for $500. (I actually bought 3 of them for under $1000 each back then.) I thank you for the link, there are some very nice 1st-Gen cars listed... now if I can only get another garage stall built...
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