Are you a car enthusiast who has a lot of money? Do you not own a Shelby Cobra? Would you like to? Well, you’ve got a chance. Did you miss the chance to buy the first AC Cobra produced? Most likely you answered yes.
AC Cars – which apparently still exists, by the way – will make nine new Cobras to exact 1962 specifications! They’ll even use the original tooling. While these continuation cars won’t be nearly as expensive as the $13.75 million original, they certainly won’t be cheap – be prepared to cough up at least $670,000 (or 500,000 GBP) for just one.
Autocar reports that these cars, which are called the AC Cobra Mk1 260 Legacy Edition, will be built at AC Heritage near the former Brooklands racing circuit in the UK. The factory is run by AC historian Steve Gray, who just happens to have acquired most of the Cobra’s original plans and tooling.
Each “new” Cobra will be built with an aluminum body, and will have a live rear axle and a 260 cubic-inch V8, just like the first Cobra. AC Cars will offer two colors: the original blue of the first Cobra chassis (CSX 2000, in case you were wondering), or yellow. Each car will be left-hand-drive, just like Carroll Shelby’s personal car.
Over the years, numerous Cobra replicas and continuation cars have been built, most notably a continuation series by Shelby American, but these Cobras are going to be very unique. While most replicas copy the more powerful and faster 289 and 427-powered Cobras, it’s incredibly rare to see one with a 260 cubic-inch V8. Plus, these cars have the distinction of quite proudly wearing the AC badge.
As always, donations are gladly accepted. It can even be the unofficial car for The Unmuffled Auto News!
Say you have a Mazda Miata. It doesn’t matter what generation Miata you own – there are many options to make your Miata into a track monster, a daily driver with some oomph, a canyon carver that will hang around with a Porsche 911 GT3, and anything in between. If you don’t have a Miata, I highly encourage you to get one. Hop onto Craigslist, type in “Mazda Miata” and see what comes up. You can get one for $1,000, but I wouldn’t recommend that, unless you know what you are going to do (i.e. yank out the engine, put on new bodywork, etc.). If you know what you want to do, get one for cheap. Otherwise, my rule of thumb is get the nicest one you can get. Paying a few thousand dollars more for one that’s been taken care of, has a paper trail, and no accidents will mean less of a headache for you down the road.
The Miata was designed with extreme abuse in mind, so keep in mind it’s pretty hard to break them. They are durable cars, and will hold up to more abuse than many new cars.
Here are some options:
Monster Miata: Ever wanted to stuff a V8 into a tiny roadster just for the hell of it? That’s exactly what Monster Miata did. The overall structure of the Miata is more than capable of holding up to the massive stress of a V8. It’s almost as if the Miata was built for it! Monster Miata certainly has the expertise – they have done over 100 conversions in the past 20 years. You can have Monster Miata do the conversion for you, or you can do it yourself through their incredibly detailed instruction manual. You can buy the kit (not including a motor) for $3,995, which includes everything you’ll need to shove a Ford 302 V8 into one. You can find a Ford 302 V8 from a 1980s-1990s Mustang for $1,000. Throw in the fact you can get well over 400 horsepower without having to put a supercharger or turbocharger onto the engine, figure about $1,000 for everything. What do I mean by everything? The car, the kit and the engine. That’s a really good deal, especially because the Monster Miata cars are designed to be daily drivers, but track cars, autocross cars, and weekend warriors all in one package. Check them out at monstermiata.webs.com Doesn’t look like it’s going to fit, does it?
Flyin’ Miata: Flyin’ Miata started modding Miatas when they came out in 1989. They have everything from V8 conversion kits to turbocharger kits. Flyin’ Miata stuffs GM’s wonderful LS-series engines into the tiny engine bay of the Miata. The car gains less than 200 pounds, 1/3 of which is on the rear wheels. Road & Track tested one in 2013, and it hit 60 mph in 3.8 seconds. That’s Porsche 911 territory. Automobile Magazine compared it to the Shelby Cobra. A Flyin’ Miata will be a bit more expensive, but it’s well worth it. Monster Miata only does NA generation Miatas (first generation) conversion kits. Flyin’ Miata does V8 conversion kits for all generations of Miata. I’d go for an NC generation Miata (third generation), just because I like them the most. Oh, you can also buy used ones from Flyin’ Miata. Don’t worry about repairing them – any engine, transmission, or rear end part can be bought at any GM dealer, and most other parts can be bought at your local Mazda dealer. Want to keep the little four banger but want near LS engine power? Not a problem! You can get a turbocharger from Flyin’ Miata, as well as all the necessary parts. It’s literally a bolt-on process.
Now, some of us might not have that kind of money. Don’t worry if you don’t – there are still plenty of options to make your Miata a speed demon!
Tires, tires, tires: I can’t say enough about how a good, sticky set of tires will dramatically improve the handling characteristics of your Miata. Get a set of really sticky summer tires, and if you daily drive your Miata, get a set of all-season tires that will last a while. This will mean a couple of sets of wheels, which I’ll talk about in a second. Just keep this in mind: the right summer/track tires can make the difference between winning and losing a race, but they come at an expensive price. Tires aren’t exactly the cheapest things on the planet, and considering that the Miata is a small car, you probably won’t have room to put four wheels (with tires on them), plus a cooler, tools, and whatever else you bring to the local autocross or track day. Think about towing the car if you can, or get a really small trailer. Lots of grassroots racers do that. Also, ask your friend if they will loan you their truck for a day, or ask a racing buddy who has a truck and is going to the same event if they can grab your tires.
Wheels can also make a big difference. A carbon fiber set of wheels will shave a good 20-30 pounds off the weight of your car. It might not sound like a lot, but consider this: lighter wheels + stickier tires = more smiles per mile. There are a lot of options for wheels, and tires.
Cold air intake: Want a bit more power out of your Miata, but not so much? A cold-air intake is a great investment. It works as a kind of ram-air system. They draw cold air from outside the car into the engine. Because of this, combustion requires less heat and fuel, which means a more efficient burn. Acceleration will increase, not dramatically, but you certainly will notice it. Your fuel economy will also increase, no matter how hard you drive the car. The engine note will be louder and more aggressive. It won’t bring the cops to your house at 1:30 a.m. when you’re revving it (good ones won’t), but it will have more of a roar then before. Get one from a reputable brand like: K&N (who promise, and deliver an extra 15 horsepower or your money back), Injen, Volant and Airaid. This is a great modification, and it’s pretty cheap too! One from, say, K&N, will cost about $300-400.
Bigger brakes: If you’re planning on seriously autocrossing or tracking your Miata, invest in bigger, better brakes. You don’t need to go all-out and get massive 14-inch disc brakes – when you hit the brakes, the car will literally catapult you out of it! Step up about an inch or two in rotors, and don’t go above four-piston calipers. I’d go for EBC brakes. They provide great stopping power at an affordable price.
Upgrade the suspension: Get adjustable coilover shocks, better struts, etc. They will make the ride a bit stiffer, but if you’re serious about driving the car hard, the added stiffness will pay off.
Racing seats: Most tracks will not allow you to track the car without a racing seat, a HANS device (I’ll explain that in another post), a five-point harness, a track suit, gloves and a helmet. Those are all great investments, and I’ll get to them in another post. They are a bit too much to explain how to get in this post. But, a racing seat is a great investment. Look at Corbeau, Recaro, and Sparco. They are all incredibly comfortable, and you can keep the stock seatbelts in the car, so you don’t have to buckle up into a five-point harness every time you have to go to get milk.
Rollcage: If you are going to track the car, definitely get one of these. A rollcage will protect you when you flip over at the track. Airbags will only do so much to save you. Not to say they aren’t great, because they are, but they won’t help very much when you flip going 110 mph. That’s where a rollcage will. The car will be damaged, but you should be able to walk away with only minor injuries. Go to a trusted and highly recommended fabricator. It should be a piece of cake for them. You should also get it padded, because a rollcage will seriously injure you if you’re driving without a helmet on. Most of the time, the padding can be removed if the track safety officials won’t allow it.
Less weight: Never really used the air conditioning in your car? Rip it out and there goes about 30 pounds. Keep the heater core and all of the defroster stuff. Rip out the soft top and get a hard top. There goes another 30 pounds. Remove the spare tire and jack from the trunk, and that’s probably a good 30 pounds. This will free up trunk space, and you can get a tire repair kit. That right there is 80-90 pounds.
All of these options are great. You will love the added performance bonuses all of these options give you. Think about it this way: if you don’t want a massive V8 in your Miata, all of the cheaper options I listed will total about $10,000, which is about the same price as one of the V8 conversion kits (before the engine). Excuse me, I have to go onto Craigslist and find a Miata to do all of this to. As always, donations are gladly accepted. I have always wanted one, after all…Why not go all out and get one with a V8?
While you could say that just about any Porsche 959 is a stunning car, this one is just an absolute neck-turner. It’s black over carmel brown, and it’s one of only three made in this color combination. Talk about rare.
Porsche only made 337 959’s from 1986-1989. Each and every single one of them is still a technological tour-de-force, but when they came out, there was truly nothing else like it on the road.
The car that I’m talking about is a 1988 model, and it could be yours, should you be going to the Gooding & Company Pebble Beach auction in August. It’s sale price is estimated to be between $1.6-1.8 million, which, if proved accurate, will only reflect the voracious appetite for collectible Porsches like this.
The Porsche 959 remains one of the most technologically-advanced and interesting supercars ever built. Up until recently, they were a rare, astonishing sight in the US, due to the idiotic, bureaucratic import laws that the US has. Why? Because only 50 out of the 329-337 (production numbers vary, depending on who you ask at Porsche) built between 1986-1989 came to the US. However, since the bulk of 959’s were built before 1988, the import laws are completely open on them, meaning that you can drive them legally on US roads without fear of the car getting crushed and you getting massive fines. This is very good news for American car enthusiasts and collectors.
Gooding & Company is calling this car a “Komfort” model, which means that it’s the road-going version of the 959. Komfort was Porsche’s way of differentiating the road-going 959 from the “Sport” version of the 959, which raced in everything from rally to endurance racing. The Komfort cars were powered by a 444-horsepower, twin-turbocharged, 2.8-liter flat six-cylinder engine that was connected to a six-speed manual (most cars at the time still had four-speed manuals – a six-speed was simply out of this world). It was completely ahead of its time in terms of speed, technology and handling.
“Car & Driver” recorded a smoking 3.6-second 0-60 run, and somehow had the cojones to get it all the way up to 190 mph. Porsche says that the car has the potential to hit 205 mph, so it seems obvious that “Car & Driver” just didn’t have the nerve…That being said, the 190 mph that they recorded held their top speed record until 1997 and the McLaren F1.
What made the car so revolutionary was the fact that it had electronically-controlled AWD. The only other production car to use electronically-controlled AWD was the Audi Quattro, which started using the system back in the mid-1980s. This system could distribute torque depending on the dynamic load on each wheel. It could also be locked at a fixed torque split.
I’ve never quite seen such a beautiful Porsche, and while I’ve never seen a 959 in person, this is an absolute stunner. The 959 is high up on my automotive bucket list, and this one only elevates it to be alongside other legendary cars like the Pagani Huayra, Dodge Daytona, Ford GT40, and Shelby Cobra, among others.
I’ve attached the link to the car from Gooding & Company for you to look at. There are very few details on it, but they will be available closer to the auction date (think late July). http://www.goodingco.com/vehicle/1988-porsche-959-komfort-2/
If you can’t afford that much, there is a beautiful 1973 Porsche 911 Carrera 2.7 RS Lightweight at the same auction that is estimated to go for $1.0-1.2 million. I’ve attached the link for it also. If you have the means, I highly recommend buying both and driving the wheels off of them. Cars like these are meant to be driven. http://www.goodingco.com/vehicle/1973-porsche-911-carrera-2-7-rs-lightweight-3/#tab1
We all like to make money. All of you like cars (me included!). Ten cars could (theoretically) allow you to make a cool $1,000,000 – most of them NOT by themselves. Anybody who has been buying/selling old cars knows that the classic car market has been taking a crash course on Wall Street. It’s either boom or bust. Bust happened in 1990 when a hyper-inflated Ferrari market crashed in the time frame of a year. In 2007-2008, the market for Mopars with Hemi engines crashed, with many cars losing 2/3 of their value within 18 months. The basic premise of this blog post is to tell you what cars you can buy for not too much money, and sell for a hefty profit. Well, there are a few exceptions to that rule, but I think you’ll agree with my decisions for those cars.
However, that’s not to say that the market is dead. In fact, it’s quite the opposite. The market is globalized in a way it couldn’t have been just 10 years ago. Only 20% of Russia had internet access in 2007, but now almost 80% have access. Now that Russians have more money to spend, they are looking for ways other than cheap economy cars or an old Mercedes-Benz with 300,000 miles on the odometer to get around. Cars continue to be more accepted as investments among those who wouldn’t care about them otherwise. Sure, one could consider it a bubble, but until then, here are some cars, erm, investments, that I would buy with my tiny fortune.
1962-1965 Shelby Cobra. The original Shelby Cobras are what I am referring to (Shelby makes continuation Cobras). It’s quite possible that prices for the Cobra have already priced, as prices for these things are literally enough to make a Wall Street investor empty their bank account in a few short minutes. The MkI and MkII (260 and 289 cubic-inch V8 Cobras) will run you about $800,000. Forget buying a 427 Cobra – those are at least $1 million! For the small-block Cobras, prices are up from $500,000 just five years ago, and that was up from $150,000 in 2003. Yikes.
1970-1973 Datsun 240Z. Remember when you could buy a Datsun 240Z for $4,000 in 2004? Well, the average sale for 2013 was $19,000. People who wanted one when they were young now (hopefully) have the discretionary income to buy one. Plus, the Z looks timeless. It’s like a more mature, cheaper Toyota 2000GT. It’s great, easy and cheap to own, and a hoot to drive. That won’t change. What will likely change are the prices. If the Datsun 240Z is any indication of the rising market demand for 1970s Japanese sports cars, expect prices to rise dramatically in the next few years. If you want one, get it NOW!
1970-1971 Mercedes-Benz 280 SE 3.5 Cabriolet. Nobody really thought that any regular-production, post-300SL Mercedes-Benz would be worth anything. I didn’t for a while. Nobody thought much of them because they were designed to last forever. How can a car become more valuable when it never changes? Then, three 280 SE 3.5 Cabriolets sold last August at the RM Monterey Auctions for a whopping average price of – brace yourselves – $265,833. In 2010, the average transaction price was a still-high $94,000. It’s hard to think that this extreme inflation will continue for much longer. But, it’s not showing any signs of stopping. Time to re-mortgage the house if you want one of these!
1976-1981 Ferrari 512BB. Most of the male readers of this blog likely had posters of this car on their bedroom walls. Combining absolutely timeless bedroom-wall-poster looks with the exotic, screaming power of the Berlinetta Boxer’s six-carburetor, vee-crank flat V12, you can’t go wrong. Prices haven’t changed much since 2007, with prices staying right about $140,000. However, you can still find one for under six digits. For about $95,000, you can buy one for the price of what a grey market car would have cost you 35 years ago. If that’s not a deal, I don’t know what else is. Buy two and wait patiently. Time to sell the house!
2009 Alfa Romeo 8C Competizione. Alfa Romeo is back into the U.S. with the 4C. It’s a great car. It’s better looking than any new Ferrari, it’s faster than anything from Japan or America on a race track, and I want one. The 8C was an amazing one-year blip in Alfa Romeo’s 19-year absence from the American car market. The price now? Hard to tell, as they were about $250,000 new, and only 84 were ever sold in the U.S. Nobody is letting go of them, either, so yeah, good luck finding one. Most are being held in private collections, but it’s going to be a challenge to start a market for them if nobody sells them.
1972-1974 BMW 2002 tii. The BMW 2002 was a great car. All of the automotive magazines said it was better than any muscle car out there. It was nimble, light, and deceivingly fast. The most desirable 2002 is the fuel injected version, called the 2002tii. It was light, potent, reliable, and it favored fun over everything else. Like the Datsun 240Z, they weren’t worth much of anything for a very long time due to their abundance. In 2004, a nice 2002tii was carrying about $10,000. Now, prices have blown past $20,000, and people are really only beginning to appreciate them. Yeah, BMW only made 38,000 of the 2002tii, but an awful lot of them were used up. Even if you buy one and it doesn’t go up in prices, you’ve still got one helluva car. It’s a win-win situation. Basically, for the price of a smallish shapeless blob painted silver, you can get a reliable daily driver that will get you thumbs up all over the place, and a tidy look. Why not buy one?
1944-1986 Willys CJ. The Willys CJ is one of the record holding cars for being in production. It remained in production basically unchanged for 42 years. The older models are pretty cool. Parts are abundant for them, and there is a thriving after market for them. They look cool, can go literally anywhere, and are so reliable that it makes any Honda or Toyota’s reliability look like a joke. Plus, any old Willys CJ will be a barrel of fun. It may not make you a million bucks, but you can buy one for a relative song right now. Prices for these cool little vehicles that helped win WWII are cheap. You can buy a really nice one for about $15,000, but where’s the fun in something that’s been restored by somebody other than you? Get one that needs some work for about $7,500. If you want to get even more on the cool factor, get a genuine Willys military Jeep. That’s about $7,500.
1970-1974 Dodge Challenger: The Dodge Challenger was one of the cars that lost 2/3rds of its value in 2007-2008, but prices are once more on the rise. The R/T models with the 426 Hemi “Elephant” engine are the most desirable. If you can’t swing one with the 426, get one with the massive 440 cubic-inch V8 (that’s 7.2 liters!) Six Pack. That has six carburetor throats feeding gas and air into those wonderful sounding 440 cubic inches. Even the models with the 383 cubic-inch V8 are fun.
1955-1957 Chevrolet Bel Air: The Tri-Five Chevy’s are great cars. They are fun, beautiful, reliable, and the prices are always climbing. Now is the time to get one. My personal favorite is the 1957 Bel Air convertible. It looks like a Cadillac. If you want one to be a pro-touring car, a drag car, or a show queen, there is no shortage of parts availability for these cars. The 1956 models are the cheapest of the three years, but they are still pretty expensive. If you get one now, enjoy it, show it, do burnouts, and have fun with a priceless piece of Americana.
1970-1972 Chevrolet Chevelle SS454 LS6: This is probably one of the most iconic Chevrolet’s ever. It’s got a massive Chevrolet 454 cubic-inch V8 (7.4 liters) with the legendary LS6 code name. It makes a thundering 450 horsepower in LS6 form. In the lesser LS5 form, it makes a still-impressive 360 horsepower. If you can’t swing the climbing prices of the LS6 Chevelle, go for a still-mighty Chevelle SS396. It’s still going to be a lot of fun, and it will handle better, thanks to less weight on the front of the car. Plus, you can yank out the 396 and put a crate 454 underneath. If you want more power, you can put a 468 cubic-inch V8, a 489 cubic-inch V8, a 572 cubic-inch V8, a 598 cubic-inch V8, or a 632 cubic-inch V8. I would go for the 468 stroker motor, as it doesn’t add too much weight to the front, but it adds far more power. Nelson Racing Engines (nelsonracingengines.com) makes a 600-horsepower 468 that sounds just about right for a Chevelle…
That’s all that I have to offer you, but I’m sure that you have your own suggestions. Let me know in the comments section.