did you actually think thru your car choice?

grumpyvette

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Staff member
I recently stopped to talk with a guy at a local gas station that drove up with a AC COBRA CLONE , that looked really nice, the conversation was limited in time as he was in a rush to get some where , but he had built the car from a kit car project he bought fairly cheaply, when the original kit car owner lost his job and was forced to move out of state, yet even art a huge discount in the original cost he said he still has an easy $30K, in the car as the engine,tires and wheels, trans and rear differential and interior, and paint he added to the original project cost him more than $22K.
now I complemented him on a job very well done and he said the project took him over 4 years to complete and he was looking to sell the completed project for $37K!
he had a 4 speed manual and a 460 ford with aftermarket aluminum heads and a dual quad intake, the car was supposed to have 500hp.
now I was rather curious, when he said that,he was looking to sell the car after just completing it!
and when I asked him why he was looking to sell the answer struck me as rather silly.....he had not realized that he had no way to park the car safely , anyplace he went other than at home, he stated that because the car was an open 2 seat convertible top car, it was obviously only a mater of seconds for some jerk to slash the top to get access, and because of that he was afraid to leave the top up, as he didn,t want it slashed, and if the car was left with the top stored he had constantly seen people standing next to the car examining it and occasionally complete strangers would jump into the car and like kids sit in the drivers seat!, he was sure some intended on stealing the car...others were just curious how it felt to sit in a cobra!
BUT in any case he said he was constantly afraid the car would get damaged, deliberately trashed,or stolen, so he felt the car was far more of a hassle than the cars ownership and the fun driving it was worth.
now I fully understand exactly what he was referring too, as i used too own a 1968 corvette with a full roll cage , and crower injectors sticking out of the hood, and Id caught jealous , idiots on several occasions trying to pour soft drinks in the injector stacks or similar stupid stuff! I also got rather annoyed at the fact that I frequently got followed, by the local cops, any time I drove it, when driving the corvette on the street, because they all seemed to assume, after seeing the injector stacks sticking out of the hood,that I was mere , seconds from driving the car down local streets at 200 MILE PER HOUR every time they saw the car.
 
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Similar Headaches here too Grumpy.
Sometimes you have to hurt them Bad.
Physical Violence.
Most Run.

If you hide them from all no problems.
Take out only late at night after 11pm.
Keep gas in the tank.
Race gas around always too.
Stores along time race fuel.
Up to 2 years +.
Tell No one where its at.
The Italian way works very Good.
 
one of the best cars, I see occasionally driven a friend of mine owns, its a 1968 AMX hes painted a navy blue and installed a 472 caddy engine and th400 trans in, he purchased the AMX body with a trashed interior ,out of the back of a gas station where it sat for a few years with a busted engine and no transmission, he took about 12 years to fix the interior, drive train and body work, the engine and drive train came from a salvage yard, he just purchased the caddy drive train for $500 and put about $1600 in a rebuild with a new intake, carb, and valve job, pistons, rings,bearings, gaskets etc.
I think hes got about 420hp and 530ft lbs of torque.
the cars fun to drive and unique, and I doubt he has $7k in the whole car which is a huge advantage as I know hes constantly had offers for more than triple that, the car looks factory new.
Its the rather odd drive train combos , with big engines in smaller or mid size cars, and in nice clean cars that look show room new ,that can produce exceptional performance that Ive always found most interesting

amx2.jpg
 
Those 2 Seater AMX 'S ARE SO RARE TODAY GRUMPY.
FAST WHEN NEW.
472 CADDY WOULD BE FUN DRIVING... :mrgreen:
 
Buying a kit car is not unlike buying a franchise. the kit car manufacturer already worked their product for maximum profit and to expect that you can make any money after building a Cobra (outside of having a sucker on the line) is pure BS. Back in the day kit cars were meant to utilize a salvage car - like VWs for Porsche, Dune buggy, Mustang II for Bearcats, Morgans, and so on.
Today when you buy into a big name franchise - you pay for up to date site investigation and projected profit due to demographics and location/access and you buy a franchise on a sliding scale, the maximum profitability for the parent co. figured for now and can be adjusted up or down upon franchise license renewal.
Even Carroll Shelby knew the Cobras were saturating the market with more than 20 companies making Cobra kits and his signature cars commanding 150% higher.
The next time you see a clone Cobra do your homework and see where it came from and how much the auction estimates - don't be surprised to see 25% for a Cobra that is passed around - AND THEY WILL GET PASSED AROUND! You can actually buy low, sell high on these.
 
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