Why not do a value tread (all three models)?

1995COBRA-R

1995COBRA-R

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I joined this site 18 years ago. It's sure been a lot of fun.

I'd like to see your opinion on the future value of the very rare Cobra R's (all three). This is my opinion as I like the rarity of the cars. I'd say recent auction results are not meaningful due to the government closures: Perfect condition cars with no issues.

1993 Cobra R is $125,000.

1995 Cobra R is $36,000 (basically the original MSRP).

2000 Cobra R is $55,000.

What say you?
 
Goose17

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1995COBRA-R said:
I joined this site 18 years ago. It's sure been a lot of fun.

I'd like to see your opinion on the future value of the very rare Cobra R's (all three). This is my opinion as I like the rarity of the cars. I'd say recent auction results are not meaningful due to the government closures: Perfect condition cars with no issues.

1993 Cobra R is $125,000.

1995 Cobra R is $36,000 (basically the original MSRP).

2000 Cobra R is $55,000.

What say you?
Click to expand...
I’d say your 93 value is a bit strong for now. I suspect you’d find quite a few willing sellers if they could get $125k for their car.

I’d also say your 00R isn’t too far off, but I’d consider this “light” for a perfect car. I suspect you wouldn’t find many willing sellers of a perfect 00R at $55k.

As for the 95R, that seems about right from what I’ve seen, but I haven’t followed them too closely.
 
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specracer

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You should add that your value referenced for the 00R is also the original MSRP (well $56k but close enough). So both the 00 and 95 have crawled back to MSRP after 21 and 26 years.

I reference these cars, when anyone is even considering paying over sticker, thinking that the long term value will "pan out" (note I'm not hating on R's, as I have all 3+). The original owner of our 00, paid $65k. Remember the craze when the 07-09 GT500s came, and the spouting trying to justify ones paying ADM and "future value"? The R's are actually rare (no slight on 07-09 GT500's, have one of those too, bought at MSRP).
 
TFStang

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The 93 R is right around $100K - $110K. I say that because I know of 2 for sale in that range. Both mint. On the money for the 95R, but I think you are way off on the 00R, which has come up quite a bit in the last year. Doubt you will find one for $55K anymore. I wouldn’t be surprised if the 00R gets to double that number in the next few years.
 
Goose17

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specracer said:
You should add that your value referenced for the 00R is also the original MSRP (well $56k but close enough). So both the 00 and 95 have crawled back to MSRP after 21 and 26 years.

I reference these cars, when anyone is even considering paying over sticker, thinking that the long term value will "pan out" (note I'm not hating on R's, as I have all 3+). The original owner of our 00, paid $65k. Remember the craze when the 07-09 GT500s came, and the spouting trying to justify ones paying ADM and "future value"? The R's are actually rare (no slight on 07-09 GT500's, have one of those too, bought at MSRP).
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If you are buying a new vehicle strictly as an investment, I would agree with your statement. I would not recommend buying a new vehicle as an investment however. Using the new GT500 as an example... we all strive for the best deal possible when buying a new vehicle. With the 2020 GT500, an MSRP deal would be great, but simply not available for most buyers. You then have a decision to make... sit on the sidelines and wait a year or two for the markups to subside or pay the fee and get the vehicle you want now. I paid a markup on my CFTP. I had zero problem paying the added fee as it got me the car I wanted, when I wanted it. I also did not buy the car as an investment nor do I intend to sell it. It’s just fun as hell to drive!
 
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specracer

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This is exactly my point. An ADM is exactly that, get what you want and when. Many have attempted to justify this, by saying that the car will be "worth it" and an "investment". Very unlikely.

Cars are indeed fun, as I have said many times, if I wanted an investment, I'd sell them all, and invest the funds. GUARANTEED I would have more money in the end.... but zero fun.

Goose17 said:
If you are buying a new vehicle strictly as an investment, I would agree with your statement. I would not recommend buying a new vehicle as an investment however. Using the new GT500 as an example... we all strive for the best deal possible when buying a new vehicle. With the 2020 GT500, an MSRP deal would be great, but simply not available for most buyers. You then have a decision to make... sit on the sidelines and wait a year or two for the markups to subside or pay the fee and get the vehicle you want now. I paid a markup on my CFTP. I had zero problem paying the added fee as it got me the car I wanted, when I wanted it. I also did not buy the car as an investment nor do I intend to sell it. It’s just fun as hell to drive!
Click to expand...
 
1995COBRA-R

1995COBRA-R

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I get it. There are many things that go into a good auction price. I still hold firm to my original estimates. It considers rarity which these cars all have.

The rare performance car will always be more valuable in any long term valuation. I think I will be too low by year 2025.

We are working with zero interest rates on your checking account versus a car that is fun to own.
 
1995COBRA-R

1995COBRA-R

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BTW, I'd say 90% of these cars are hidden in garages. They don't post here much less the Facebook. They plan to keep it forever.

I sure understand this strategy.
 
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specracer

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I would speculate that the seller is a member here, if they knew about the Glenns tank replacement.

Having a hard time with a "wrapper" ish car with 7xx miles, and an aftermarket exhaust. I'd love to have that oil filter however.....

Well stranger things have happened, like the Honda S2000 CR that sold today on BaT for $112k.......
 

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