2010 Cobra Jet - No Reserve
2 Attachment(s)
Barrett Jackson Orange County - This Weekend - Listing # 346.1
"This car is number 43 of 50 built. The 2010 model comes with a 5.4L Supercharged engine and full race-prepared manual transmission. Not street legal, sold on bill of sale only." http://www.barrett-jackson.com/appli...&aid=423&pop=0 What do ya think this might sell @? |
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my bet is that the original owner takes a bath. He better hope it goes for at least 10% over what he has in it. Completely wrong audience for that car.
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I definately would not do that at a no reserve auction.
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i would think it would have to go for at least 140,000 for the owner to make any reasonable profit by the time he pays barret jackson and takes into consideration his costs for the auction and his original cash outlay for the car-- my prediction is it ain't gonna happen!!
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I bid $1...............LOL
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XTech--you could own it and Myron could drive it for you!
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Terry,
You just have to start things, don't you! LWS(laced with sarcasm) : ) |
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On Ebay is a new Challenger stocker with the v-10 for $83k. $2k under sticker.
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Lets see....
The car is too new to be a "legend" , so the inflated value perception should be lower than a 40 year old big block car. I predict $ 57,000........ |
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I'm going to be there, damn I probably will spend more finishing my stocker project than it will sell for!!!
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Summary: This car is number 43 of 50 built. The 2010 model comes with a 5.4L Supercharged engine and full race-prepared manual transmission. Not street legal, sold on bill of sale only.
Details: This car is number 43 of 50 built. The 2010 model comes with a 5.4L Supercharged engine and full race-prepared manual transmission, drag race-specific shocks and springs, manual steering and brakes, 8.50 certified roll cage, and an Aeromotive return-style fuel system with trunk mounted fuel cell. Another new option is the launch control/rev limiter that lets drivers preset the RPM after they stage the car. When they are ready to go, all they have to do is put the pedal to the floor and enjoy the ride. This car has never been raced; it has only been used as a show car. **NOT STREET LEGAL; SOLD ON BILL OF SALE I love some of the description wording. 8.50 certified cage Summary: This car is number 43 of 50 built. The 2010 model comes with a 5.4L. Not street legal, sold on bill of sale only. Summary: This car is number 43 of 50 built. The 2010 model comes with a 5.4L Supercharged engine and full race-prepared manual transmission. Not street legal, sold on bill of sale only. Another new option is the launch control/rev limiter that lets drivers preset the RPM after they stage the car. When they are ready to go, all they have to do is put the pedal to the floor and enjoy the ride. |
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I was at the auction today (friday) and saw this Cobra Jet, nice
looking car. I agree that it is the wrong place to try to sell that car, but it's not my money. Also there for the weekend are the former Mike Booker burgandy and white 68 Cuda SS/AH and the Mr 5 and 50 blue SS/AH cuda. Both had signs in them stating that they are just on display and are for a future auction. Maybe the September one in Vegas. |
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Bill |
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Racing junk has 2 '11's for sale by Bayshore Motors in Texax. $125,000 ea #14 and #15
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almack, you were right on the money. $57,000.00
Course the buyer has to pay another 10% |
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There's a suicide alert out for the seller.Can't say I feel sorry for him.Speculators sometimes get it in the neck.
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SOLD $62,700..i think someone got a killer deal and would not surprise me if it goes for sale at a much higher price on racing junk or ebay...I wish i was there , it would have been mine...Luke SS 311
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"Well Bought" |
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I'm always cautious using the hammer prices at B-J to establish market value, the circus atmosphere affects it too much. After all, they sold a VW van this weekend for $200K-plus! That's COPO money! :eek:
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LOL.....and so it goes !
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There is a very real chance that the owner bought it back if it was a TV sale. If you want your car to auction on TV you have to have a "no reserve" sale, but B-J does let you bid on it and buy your own car back if it doesn't bring what you want. They only charge you the seller's fees, and waive the buyer's fee.
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About as on the level as pro wrestling! |
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I personally would NEVER buy or sell a vehicle at an auction because of all the fee's involved in the first place.
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I went back yesterday (Saturday) with my wife and we watched some
of the auction action. There was a Mustang Vert, custom with blower motor, that was built to raise money for Darrel Guinn's (sp?) foundation to raise money for wheelchairs for kids and it only went for $105K and it stalled at $100K for quite a while. And then the "big" money spent on the VW's. |
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Hopefully the seller took it in the shorts.I'm sure Mr Johnson has no intention of using the car for it's intended purpose.As far as market value does this mean all the guys who bought factory racecar mustangs paid wayyy too much for them?:>):>) |
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Jack I speak my mind.Don't like it don't read it.And I'm having a fin e day.Just because you like to paint everything rose colored doesn't mean we all do,or want to.
There were a bunch of cranky old men back in the 1770's who spoke their minds.There were also some who thought that things were peachy keen.You see what the end result was. And yes I do enjoy when speculators lose money in the car game because they dictate what the market will be.Regular guys are shut out of this market but I guess that doesn't concern you. I'll just leave it at that. |
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What do those things cost new?
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You must realy hate people like myself who buy cars and real estate to make a living - yes , Ed - make a living doing .......................................something maybe you should try .And I'm sure those guys who were around in the 1770's would approve .Like you would say .......have a nice day ! ! ! |
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I don't think Joe racer put that car up for sale,and Joe racer didn't buy it.So my comment stands,"I hope the seller took it in the shorts". As far as buying/selling real estate I have no knowledge of the standards you go by in your transactions.There are honest brokers and dishonest ones.Same with used car salesmen.Only you know where you fit.In the end you reap what you sow. The founders of this country set the standard for the way our society is based.Looks like it's been corrupted by those sworn to uphold it.All in search of the mighty buck. It's been a nice day.Yesterday I took the raggy old car to a car show in Cherry Hill benefitting a hospice dedicated to serving those who served us,veterans.Good day for all. And David H.maybe the above will give you an understanding of why I said what I did.I'm not half as negative as you think I am. |
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