1986 AC Autokraft MkIV Cobra

SPECIFICATIONS:

year: 1986
make: AC Cars
Model: Cobra
price: $ 125000
Engine: V8
Transmission: Five-speed manual
Horsepower @ RPM: 400
Displacement: 351 cubic inches
Top Speed: 134 mph
0-100 time: 4.7 sec.

The original AC Shelby Cobra debuted back in 1961 in a joint venture between AC, a company owned by famed racecar driver Carroll Shelby , and Ford. An interesting fact is that had it not been for Chevy trying to protect its sacred Corvette model, the AC Shelby Cobra would have ended up being a Chevy -powered machine. As it ended up, Chevy turned down AC, and Ford stepped in to help power the Cobra.

The AC Shelby Cobra was a short-lived project that lasted only three generations between 1961 and 1967. AC managed to hang on for another 17 years before closing up shop in 1984. During the fire sale that took place following AC’s closing, Autokraft snatched up all of the toolings and spare parts of the failed company, which allowed it to become a parts reseller and replica car builder.

Autokraft’s replicas were so awesome and respectful to the history of the AC Cobra that the Hurlock family, the family that purchased the AC name, sold off its closely guarded rights to the name to Autokraft in 1986. This sale officially made all Autokraft Cobras the real deal, and not just the replicas of the past.

Staying true to the sequence of the original AC Shelby Cobras, Autokraft dubbed this model the AC Cobra MkIV – the prior three Cobras were dubbed MkI, MkII, and MkIII. Despite the fact that the MkIV Cobra was produced for a decade, only 480 models ever made it to the street, making this sometimes called “kit car” just about as rare as the original Shelby version.

With how rare these cars are, it is typically a once-in-a-lifetime opportunity to snag one up. Well, RM Auctions is making this a possibility at its Dingman Collection auction on June 9th through June 10th, 2012 in Hampton, New Hampshire.

So how does this replica car company turned legit Cobra builder stack up today?

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