Posted on 08/21/2016 8:37:35 AM PDT by BenLurkin
The Monterey Car Week auctions are where the beautiful members of the landed gentry go to blow obscene amounts of money on cars, and at yesterdays RM Sothebys auction, one of them took Cobramania to new heights. This 1962 Shelby 260 Cobra known as the CSX 2000 just commanded $13.75 million at auction.
...
RM Sothebys has a ton of detailed information on this legendary car, but it is notable for being the very first Shelby Cobra. It arrived in the U.S. without a motor in February 1962, and Carroll Shelby and his partner Dean Moon then threw in a 260 cubic inch V8 and a Ford four-speed gearbox.
Heres what Moon had to say at the time:
We got drunk and drove it aroundan impromptu road course we had set up between the oil derricks. When it didnt break, even after all that rough treatment, well, then we knew we had a good car.
Classic. After building the CSX 2000 on a shoestring, Shelby was able to get capital from Ford itself to build the first group of Cobras.
(Excerpt) Read more at jalopnik.com ...
No fool has that kind of money
Lol
excuse me, chick here.
If anyone ever has an opportunity to drive one of these you will never forget it it’s the most outrageous thing I’ve ever driven
It is an investment not just a car.
A fool and his money.
...
It’s a store of wealth, and sometimes a tax dodge, for the very rich. It’s more fun than buying hideously ugly art work.
The people who buy cars at this lofty price point are investors more than enthusiasts and collectors. Well, most of them... who knows, Jerry Seinfeld might actually go and drive the McQueen Porsche 917.
I know what you mean, though - and lots of people who own Cobra replicas obviously agree.
Nice try. But that is a fiberglass replica.
There is nothing like starting a car and it makes your...gonads..shake.
Surely, you were trying to see if we were paying attention! Absolutely a replica. But, they are not bad in their own right.
Oldplayer
” A fool and his money”
This vehicle will only increase in value. It will more than likely out perform any 401K or IRA. The collector car market is actually a very good place to store wealth. Better than gambling in the stock market.
For instance an early 80’s a Porches 911 could be had a few years ago for around 10 grand. If you bought one and kept it, it is now worth close to 6 figures.
And, its only money.
AC Cars is still in business, and makes the AC MkVI in Germany with a Corvette engine. Apparently not avaialble in the USA.
It may also be partially an attempt to buy something of “value” instead of holding dollars. It would be low on my list too.
Maybe you should lie down for a while :^)
Nah... I also have a Miata and bet it has a more “Fun per Dollar” rating than that Cobra...:^)
Please turn in your car nut card before you leave.
You would think for that sum that the seller would have the seats re-upholstered prior to the sale.
Not a problem. As long as you have the undamaged VIN plate, you can rebuild it from scratch and it is still Cobra #0001.
How cool is that?
And I, also have a Miata - in BRG! My granddaughters love it!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.