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Messages - STLUCIEAPPRAISAL

#1
CSX 3000 Series / Three questions
February 18, 2023, 01:19:34 PM
1) Regarding "historical significance", I am of the opinion that all of the 998 Cobras built fall into this category. That there is a registry accentuates that point. Is there anything to the notion that only raced Cobras have historical significance?
2) Are the non-raced 289 Cobras more desirable than the 427 Cobras?
3) The narrow-hip Cobras are rarer but are they typically less (or more) sought after?
#2
Quote from: Bill on December 21, 2020, 06:02:20 PM

Yet the questions above remain unanswered, what is the timeline for the loss of use 60's, 70's, 80's, 90's or 2K's, and was the car original, unrestored, restored, or in pieces laying around the corner of a barn/garage at the time? Once more, running, or inoperable?

The timeline is 2018 to present, Figure the car was unrestored and running.
#3

[/quote]

Apples and Oranges, so no, you cannot compare the rental price of one vs the other in this case. Then again, you have yet to give detailed information as to timeline of loss of use? Was it recently, was it in the distant past, is it still occurring. How was the loss qualified? Was the car running and driving at the time of loss of use? If not, then the loss of use will be harder to prove, as the car was inoperable, and therefore, use would be subjective as to what type of use it could have in it's inoperable state. Quite a bit remains unknown, and only you can fill in those blanks for us to potentially offer a truly educated response.
[/quote]

Hi Bill, Proving Loss of Use is the attorney's job. My job is to learn the rental cost of a Cobra.
#4
Quote from: 98SVT - was 06GT on December 20, 2020, 08:54:47 PM
Quote from: STLUCIEAPPRAISAL on December 20, 2020, 08:48:20 PM
There's a $1.5 Million-dollar Bugatti Veyron being advertised online for rent for $25,000/Day.

If you owned that Bugatti along with a $1.5 Million-dollar 1966 Cobra CSX 3000, would you consider renting the Cobra for the same price?

A purely hypothetical question.
It should be a lot cheaper for the 427. Greatly reduced maintenance costs.
The owner of the Bugatti will rent his car for $25,000/Day. Would he take $25,000/Day to rent his Cobra? Hypothetically. If he were you....
#5
There's a $1.5 Million-dollar Bugatti Veyron being advertised online for rent for $25,000/Day.

If you owned that Bugatti along with a $1.5 Million-dollar 1966 Cobra CSX 3000, would you consider renting the Cobra for the same price?

A purely hypothetical question.
#6
I'm working on a Loss of Use case. I can use the rental prices of million dollar cars as a base but the Cobra is in a different class.
#7
"How much would it cost to rent a non-replica Cobra?" No owner in their right mind would do something like this but, in theory, if someone did find a Cobra-owner willing to do it, how much would they expect to pay? While one can rent a million-dollar car such as a Ferrari, those can be replaced unlike the Cobra. This would have to be factored in to the price. Thank you for taking the time to read this.