<VV>Retro -no Vair

[Lonny Clark]

What Carrol Shelby had laying around were legal VIN numbers (is that
redundant?) and body tags for 50 Cobras that were allocated in 1966, but
were never built. At 500K per copy, you can afford to re-tool a few things.
He will probably get most of it from the reproduction market. He could
probably buy a complete roller from one of the repro companies (around 50K
for a good one), slap his tags on it and still sell it for 500K. It's funny
what numbers do to people.

As far as the law is concerned, they will be original Cobras. As far as the
collector market, who knows how they react. Might be like the "pre-CBS"
Fender Stratocaster versus the "post-CBS", supposedly the same thing but
somehow worth less.

Last summer, I talked to a man at a car show who brought in his original 289
Cobra race car. Not the street version, one of the red-white-blue ones that
raced at Sebring. It was truly a study in minimalism. He still races it, and
doesn't spend a lot of time cleaning the mags. He said that the market was
so foolish that he may have to sell it, the last one like his that sold went
for 1.4 Million. I think he said he paid 30K for it 20 years ago, and
thought he spent too much.

On 11/21/06, Devin <devin at valleyautomotivesupply.com> wrote:
>
> I seem to recall Carroll Shelby saying a few years ago he was going to
> assemble by hand another 30 or 50 66 Cobras, at 500k each for his
> retirement
> income.  He supposedly had all the pieces he needed just "laying around."
> Yeah right.  If he can build them to 66 spec and title them as such, so
> can
> anybody else.  It just takes knowing whom to contact and copious
> quantities
> of greenbacks.
>
> Devin
> ----- Original Message -----
> From: "Padgett" <pp2 at 6007.us>
> To: <virtualvairs at corvair.org>
> Sent: Tuesday, November 21, 2006 3:41 PM
> Subject: Re: <VV>Retro
>
>
> > >I was talking about GM repro'ing the '57 Chevrolet as a part of the
> retro
> > trend.
> >
> > Problem is all of the regulations that have come into effect starting in
> > 1966 and continuing to this day. Things like the FMVSS that gave us
> safety
> > knobs on the dash up through the 1995 requirement  for 1998 cars and
> 1999
> > light trucks to have dual air bags.
> >
> > In other words for GM to build a 57 Chevvy (or a 65 Corvair) today would
> > either be illegal, unrecognizable, or absurdly expensive.
> >
> > Padgett
> >
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