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View Full Version : CSX2096 goes to Auction



AC Bill
03-05-2011, 09:16 AM
http://www.mecum.com/auctions/lot_detail.cfm?LOT_ID=SC0511-107077

What a gorgeous slabside!

twobjshelbys
03-05-2011, 09:31 AM
A car with all the right things. #1 in provenance among the cars currently out there. My prediction is it will end bidding in the $500K range but will not meet reserve.

Ron77
03-06-2011, 07:09 AM
That is a nice car and I wonder what the reserve is on it. The only thing that may hurt it some in the bidding is it has no racing history and that seems to add quite a bit to the value of these cars.

Ron

Clayboy
03-16-2011, 10:36 PM
Beautiful car, but will the soft economy hold back the price? Ron is concerned about the lack of racing provenance but this is strictly a street car. Can't wait to see what happens... wouldn't it be nice to have some FU money to play with?
Bob

AC Bill
03-17-2011, 08:52 AM
It wouldn't surprise me if the hammer price was lower for i,t then it would have been in the past. Other recent sales of Cobras have been lower than expected. One beautiful example at auction a few months back, dropped $175 large, from it's previous hammer price. That must have hurt the seller big time.
The collector car market is a very strange one. The ups and downs of the economy do factor in, but it also seems to go through cycles, regardless.
Baby Boomer's play a huge roll in the prices paid. Some of the older Boomer's are now going into retirement, while the younger are still in their peak earning years, and disposable income can vary. Some of the older fellows who paid huge bucks for a car a few years ago, may now be looking to sell them to supplement retirement. The buyers are a different age group, and the cars may not be worth as much to them. I believe Antique cars have really dropped in price because of this. The younger guys just aren't interested in them.

Ron77
03-17-2011, 10:32 AM
Bill,

I see that happening around here. A friend of mine who has a 70 Cuda decided he was going to see what he could get for it as he wanted to buy a different car. A few years ago he could have gotten around $50-$60K for it. Now the best offer he has had is about $38K. And everyone around here has sold their Cobras at low prices. I am talking about ones with the SB-100 number and really great built selling for around $35K to $55K.

Ron

Clayboy
03-17-2011, 10:40 AM
Case in point, there is a Kirkham 289 FIA for sale on CC for $57.5 thousand. Seems like a good price for a nice car.

AC Bill
03-18-2011, 08:35 AM
$57.5 for a finished Kirkham does sound like a great price!

Any idea what Kirkham normally sell the base cars for?

Ron77
03-18-2011, 10:01 AM
Bill,

I am not sure as they had a price increase a short time ago, but I think the whole kit was around $50K at one time. And I believe that was as a roller.

Ron

Clayboy
03-18-2011, 01:40 PM
$61,995. for a FIA roller, then you can add all the options. Save your money folks.
Bob

SunDude
03-29-2011, 01:27 PM
I just received an update email from Mecum. CSX2096 is set to cross the block at 7pm on May 20 (Fri), and will be televised nationally on HD Theater.

Ron77
03-30-2011, 05:58 AM
Are you going to buy it?

Ron :)

SunDude
03-30-2011, 08:58 AM
I can't even watch it... No HD Theater channel on my set...

AC Bill
03-30-2011, 09:41 AM
Are you going to buy it?

Ron :)

I'd be happy to start the bidding, although that's as far as I could afford to go...lol

Ron77
03-30-2011, 10:49 AM
Bill,

That is more than I could do. It will start at more than I have.

Ron :(

DBBrian
03-30-2011, 11:48 AM
Ron - If you start it, isn't your choice on how much?

Brian

Ron77
04-06-2011, 06:05 AM
Brian,

It depends on the Auction. Some set a minimum price that the bidding can start at. And some set the amounts that you have to bid, such as $1K at a time if you are raising the bid.

Ron