Are these cobra owners kidding themselves or not ?

[GT0132]

Originally Posted by GT-0733

i know quite a few people with early GT's that drive them to shows then straight back home again. might have something to do with the uncomfortable vinyl seats that stick to them or stone chips or being blown away by modern cars .

Probably because if they get exposed for long enough on public streets they'll attract the attention of thieves or idiots wanting to do damage to them. Can't remember the last time I saw an XY GT in a Westfield car park let alone in somebodys suburban driveway.

Originally Posted by aussie muscle

I agree, but more like 40 years. Cars from 1990 aren't really worth much yet. 30 yo cars are just starting to appreciate in value.

XD Falcon, it's a classic now

The good thing about the GFC is that is separated the 'investors' from the enthusiasts.

I think any desirable badge that reaches 40 years old in good nick will appreciate somewhat, whether that be a GT, GTS, ESP, SLR, XUI, Cobra, 40th.

Crikey, rusted out coupes found in barnes are probably getting more than what they were new, aren't they!

For those that bought a Cobra in 2008 and immediately made a $20k-$30k profit on re-sale I take my hat off..Well done! The free market in action. However hindsight will go to prove that those that paid $70k in 2008 for one in the hope of building up a nice nestegg for themselves in 30 years time would probably have been better off investing that $70k in property or shares instead, especially considering the holding costs will be around $3,000 a year over that time.