Shelby Cobra 289
1964–1965
£742,537
Market value · recent verified sales
-0.2%
12-month change
Fair Entry
Stable prices. Negotiate on spec and condition.
Prices have been flat (-0.2%). No strong directional signal.
Modelled estimate — automatically replaced with verified sold lots as our sources index more results for this car in United Kingdom.
MSRP
—
Collectibility
6/10
Collectible
3-Year Forecast
£739,303
-0%
5-Year Forecast
£738,274
-1%
Estimates based on 10 verified United Kingdom sales.
Market scores
30
Desirability
Illiquid
10
Liquidity
Moderate
50
Resale Outlook
Marque analyst note
The Shelby Cobra 289 sits at a median valuation of £742,537 in the UK market, with virtually flat year-on-year movement at down 0.2 percent. The HOLD signal reflects modest price stability, though confidence in this assessment is rated as medium given the absence of recorded transactions in the tracked dataset over the past 12 months.
The lack of recent sales activity is the defining characteristic of this market segment. With zero transactions recorded in our sample over the past year and no active listings currently tracked, liquidity remains severely constrained. This illiquid environment means that pricing signals are inherently weak and price discovery difficult for both buyers and sellers.
The 289-cubic-inch variant occupies a distinctive position within the Cobra taxonomy—less celebrated than the legendary 427 but still commanding respect as a foundational competition machine. Its collectibility score of 6 reflects genuine interest within the market, though current desirability is rated as low, likely a reflection of the scarcity of available stock rather than waning collector appetite.
The three and five-year base projections indicate marginal declines of 0.4 percent and 0.6 percent respectively, settling around £739,303 and £738,274. These modest downward forecasts are not steep enough to signal distress but do suggest that appreciation should not be assumed. The stable market status implies no imminent catalyst for significant price movement in either direction.
For prospective buyers, the "Fair Entry" rating acknowledges reasonable value at current levels, though the illiquid market presents execution risk. Any purchase should assume a lengthy holding period before a comparable buyer emerges, as the scarcity of transaction data underscores the challenge of moving inventory in this segment.
Depreciation Benchmark
- Current avg value£742,537
- Annual appr. rate-0.2%/yr
- Segment average+3.0 to +9.5%/yr
Vehicle History Signals
- Auction lots tracked10
- Damage or salvage declared0 (0.0%)
- No damage declared10 (100.0%)
Est. Annual Ownership Costs
- Insurance (agreed value)£5,950
- Maintenance£4,000
- Storage£2,400
- Depreciation— (appreciating)
- Total annual cost£12,350
Market Liquidity
- Active Listings0
- Sales Last 12 Months0
Market Snapshot
- Active Listings0
- Avg Sale Price—
- Avg Mileage at Sale—
- Recent Price Range—
- Total Sales Tracked0
Recent sales
Indicative only — not investment advice. Past performance is not a reliable indicator of future value.