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-   -   2010 Cobra Jet - No Reserve (https://classracer.com/classforum/showthread.php?t=34251)

Larry Fulton 06-24-2011 10:07 AM

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 @?

Chad Rhodes 06-24-2011 10:48 AM

Re: 2010 Cobra Jet - No Reserve
 
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.

Chris1529 06-24-2011 11:24 AM

Re: 2010 Cobra Jet - No Reserve
 
I definately would not do that at a no reserve auction.

jim powers 06-24-2011 12:40 PM

Re: 2010 Cobra Jet - No Reserve
 
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!!

X-TECH MAN 06-24-2011 12:42 PM

Re: 2010 Cobra Jet - No Reserve
 
I bid $1...............LOL

Chris1529 06-24-2011 12:46 PM

Re: 2010 Cobra Jet - No Reserve
 
XTech--you could own it and Myron could drive it for you!

CycloneFE 06-24-2011 12:48 PM

Re: 2010 Cobra Jet - No Reserve
 
Terry,

You just have to start things, don't you! LWS(laced with sarcasm) : )

Jim Wahl 06-24-2011 02:04 PM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by Chris1529 (Post 265367)
XTech--you could own it and Myron could drive it for you!

It ain't no MoPar.... Myron wouldn't drive it! Jim


.

Jeff Stout 06-24-2011 03:12 PM

Re: 2010 Cobra Jet - No Reserve
 
On Ebay is a new Challenger stocker with the v-10 for $83k. $2k under sticker.

ALMACK 06-24-2011 06:51 PM

Re: 2010 Cobra Jet - No Reserve
 
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........

Mike Gray 06-24-2011 07:36 PM

Re: 2010 Cobra Jet - No Reserve
 
I'm going to be there, damn I probably will spend more finishing my stocker project than it will sell for!!!

Ed Fernandez 06-24-2011 08:37 PM

Re: 2010 Cobra Jet - No Reserve
 
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.

Philip Saran 06-24-2011 09:43 PM

Re: 2010 Cobra Jet - No Reserve
 
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.

Jeff Lee 06-25-2011 02:04 AM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by ALMACK (Post 265414)
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........

I think you will be close. Not the venue for this car! If it goes for true value, it will probably trace back to the present owner on a buy back; which is not allowed...

Todd 06-25-2011 10:35 AM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by Mike Gray (Post 265419)
I'm going to be there, damn I probably will spend more finishing my stocker project than it will sell for!!!

No doubt about that, these cars are a bargain even at msrp price.

340Cuda 06-25-2011 10:48 AM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by Jeff Stout (Post 265389)
On Ebay is a new Challenger stocker with the v-10 for $83k. $2k under sticker.

There are two for sale by different dealers, I know one of them does not have a car, they seem to think they can order one for you. I had assumed this years run was sold, maybe not. The photos posted are of the pilot car.

Bill

Floyd Staggs 06-25-2011 11:29 AM

Re: 2010 Cobra Jet - No Reserve
 
Racing junk has 2 '11's for sale by Bayshore Motors in Texax. $125,000 ea #14 and #15

340Cuda 06-25-2011 11:52 AM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by Floyd Staggs (Post 265494)
Racing junk has 2 '11's for sale by Bayshore Motors in Texax. $125,000 ea #14 and #15

One of those was on e-Bay a few times as well and they had the car!

Floyd Staggs 06-25-2011 08:13 PM

Re: 2010 Cobra Jet - No Reserve
 
almack, you were right on the money. $57,000.00
Course the buyer has to pay another 10%

Ed Fernandez 06-25-2011 08:23 PM

Re: 2010 Cobra Jet - No Reserve
 
There's a suicide alert out for the seller.Can't say I feel sorry for him.Speculators sometimes get it in the neck.

rx dealer 06-25-2011 10:19 PM

Re: 2010 Cobra Jet - No Reserve
 
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

Larry Fulton 06-26-2011 08:44 AM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by ALMACK (Post 265414)
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........

I'll be, YOU hit it right on the head @ $57,000!!! ($62,700 w/fees and bs).

"Well Bought"

Lew Silverman 06-26-2011 08:57 AM

Re: 2010 Cobra Jet - No Reserve
 
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:

X-TECH MAN 06-26-2011 09:21 AM

Re: 2010 Cobra Jet - No Reserve
 
LOL.....and so it goes !

bigshow2966 06-26-2011 10:00 AM

Re: 2010 Cobra Jet - No Reserve
 
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.

Lew Silverman 06-26-2011 11:53 AM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by bigshow2966 (Post 265595)
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.

That's interesting! You can bid on your own vehicle and drive the price up and BJ get's it seller's fee no matter who win's it??

About as on the level as pro wrestling!

X-TECH MAN 06-26-2011 12:02 PM

Re: 2010 Cobra Jet - No Reserve
 
I personally would NEVER buy or sell a vehicle at an auction because of all the fee's involved in the first place.

Jeff Lee 06-26-2011 01:39 PM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by bigshow2966 (Post 265595)
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.

You are NOT allowed to do this...BUT...it does happen. If r/u bidder catches wind of this, there could be problems if he wants to push it.

Philip Saran 06-26-2011 01:51 PM

Re: 2010 Cobra Jet - No Reserve
 
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.

Ed Fernandez 06-26-2011 02:51 PM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by bigshow2966 (Post 265595)
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.

The buyer was a guy named Bob Johnson,a so called "big collector",from Georgia.
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?:>):>)

Jack Matyas 06-26-2011 03:56 PM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by Ed Fernandez (Post 265636)
The buyer was a guy named Bob Johnson,a so called "big collector",from Georgia.
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?:>):>)

Gee Ed why all the bitterness today ? Why in the world would you hope the seller took it in the shorts ? And you have no idea what Mr.Johnson's intentions are .These guys took chances - they wrote big checks - its called free enterprise . And they have no idea you exist and arn't wishing them well - nor can they defend their actions whatever they may be - I buy and sell every week at auctions for regular cars and several times a year at collector car events - so try some of your arguments on me . As for others who bought those cars I can't remember any of them ever saying they were unhappy with their purchase ................

bigshow2966 06-26-2011 04:06 PM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by Jeff Lee (Post 265627)
You are NOT allowed to do this...BUT...it does happen. If r/u bidder catches wind of this, there could be problems if he wants to push it.

"Technically" you are not allowed, but many of the big money sales were simply the owners buying back the cars to keep from dying on them. And yes, there have been lawsuits filed over the shill bidding.

Just A Fan 06-26-2011 04:20 PM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by Ed Fernandez (Post 265636)
I'm sure Mr Johnson has no intention of using the car for it's intended purpose

One less for the new car naysayers to complain about then.

Ed Fernandez 06-26-2011 06:06 PM

Re: 2010 Cobra Jet - No Reserve
 
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.

Ed Fernandez 06-26-2011 06:12 PM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by Just A Fan (Post 265646)
One less for the new car naysayers to complain about then.

Naysayers?Oh you mean the guys with combos that have been worked on for years,only to have them made non competitive by the collusion of two auto makers and a bunch of clueless,greedy little men in California.Ah,now I see.

davidhuff 06-26-2011 07:12 PM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by ed fernandez (Post 265636)
the buyer was a guy named bob johnson,a so called "big collector",from georgia.
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?:>):>)

Why are you always so NEGATIVE?I guess when a person takes it in the shorts on a potential investment it just makes a great day for you.LOL

Ed Wright 06-26-2011 07:55 PM

Re: 2010 Cobra Jet - No Reserve
 
What do those things cost new?

Jack Matyas 06-26-2011 08:21 PM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by Ed Fernandez (Post 265664)
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.

Ed - I'll defend your right to speak your mind all day long - that being said I have the same right - I didn't paint a rosy picture about the seller or anyone else for that matter - just their right to free commerce .Speculators didn't shut anyone out of the market - those CobraJets are sold new from Ford and nobody gets a deal .If it were affordable to you - well you might have looked at it differently .But since its not you want to pee on everyone else Wheaties .
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 ! ! !

Ed Fernandez 06-26-2011 08:49 PM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by Jack Matyas (Post 265697)
Ed - I'll defend your right to speak your mind all day long - that being said I have the same right - I didn't paint a rosy picture about the seller or anyone else for that matter - just their right to free commerce .Speculators didn't shut anyone out of the market - those CobraJets are sold new from Ford and nobody gets a deal .If it were affordable to you - well you might have looked at it differently .But since its not you want to pee on everyone else Wheaties .
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 ! ! !

Free commerce is a double edged sword.If it's carried out by consumers who need/use the product it works.When people who come into the market just to make a profit they hurt the consumers who need said product,and that includes collector cars.
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.

Jack Matyas 06-26-2011 09:27 PM

Re: 2010 Cobra Jet - No Reserve
 
Quote:

Originally Posted by Ed Fernandez (Post 265704)
Free commerce is a double edged sword.If it's carried out by consumers who need/use the product it works.When people who come into the market just to make a profit they hurt the consumers who need said product,and that includes collector cars.
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.

A

Double edge sword my *** - its how I choose to make my living - I'm in it for the money besides liking what I do everyday ( six / sometimes seven days/nights every week ) - how can you fault that ? Are you saying that everyday I deserve to "take it in the shorts" ? Sure sounds that way to me ...................And then you talk about standards I go by - sounds a little like you're trying to put some doubt in what I do ..........Go for it Ed - I'm ready to jump in . And yes - the almighty buck puts food on my table .


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