The Joplin Globe, Joplin, MO

Top Stories

March 9, 2014

Area businesses cater to market for replica, restored classic cars

GRANBY, Mo. — In 2007, a 1966 Shelby Cobra sports car sold at auction for $5.5 million.

If that’s too rich for your blood, Barry McGill has a couple of options. You can buy a replica built by McGill Manufacturing for around $40,000 or a kit car for even less.

McGill has been operating his shop about a mile east of Granby for five years.

McGill, who has one employee on staff — a secretary — is part of the burgeoning interest in classic automobile restoration and replicas. In part because of the proliferation of cruise nights and television shows such as “Pimp My Ride” and “My Classic Car,” older vehicles have become big business.

In 2013, for the first time, sales of classic cars at public auctions topped the $1 billion mark, according to CNN/Money, which compiled the data from Hagerty Insurance, which specializes in insuring collector cars.

A decade ago, in 2004, that figure was at $282 million.

The average price of a collector car sold at public auction has gone from $33,000 in 2004 to $61,000 in 2013.

Last year also witnessed another record when a 1963 Ferrari 250 GTO blew the doors off all competitors and became the most expensive car ever sold, when a private buyer agreed to pay $52 million for it, according to Hemmings Daily.

That’s where McGill comes in.

Besides the 1966 replica Cobras and kits, McGill also builds finished replica cars and kits for 1932 and 1934 Ford Coupes.

The cost of a finished basic model replica Ford Coupe is $45,000 to $50,000. The finished basic Cobra is just under $40,000. McGill said the Cobra is a much simpler machine than the Ford Coupe.

Kits are usually from $8,000 to $15,000, but McGill said they can cost more depending on the level of customization. He said he can provide any level of customization that the customer wants. He said it just depends on how much the customer wants to pay.

McGill said American cars also are popular with collectors overseas. He said he recently made his first international sale.

“I just shipped a Cobra kit to Chile,” McGill said, noting that the shipping cost was more expensive than the kit.

Text Only
Top Stories
  • r072314techcenter4.jpg Southeast Kansas schools, businesses get behind new technical center

    When Galena Superintendent Brian Smith looks at the millions of dollars of construction projects going on in his district, not to mention similar projects underway in Joplin, Carthage and elsewhere, he sees the need to train masons.

    July 24, 2014 4 Photos

  • 072414_annie1.JPG Child's play: Kids comprise the cast of 'Annie Jr.'

    The kids are getting a kick out of playing adults. While most of the main characters in "Annie Jr." are orphan children, some, such as Daddy Warbucks, Miss Hannigan and President Roosevelt, are squarely past adulthood.

    July 24, 2014 1 Photo

  • r072414msw.jpg VIDEO: Carterville company expands to third generation

    What began as Ray “Mac” McCoy’s side job in his home 55 years ago has grown not only in square footage and reach, but in generations. This summer, a third generation took over the reins of MSW — Mac’s Specialty Woodwork — that now exceeds 90,000 square feet and creates custom furniture for chain restaurants coast to coast.

    July 24, 2014 2 Photos

  • Hospital Shooting_Cast.jpg Doctor fired back at gunman in hospital attack

    A doctor grazed by gunfire from a patient who had entered his office in a suburban hospital’s psychiatric unit stopped him by returning fire with his own gun and injuring him, authorities said.

    July 24, 2014 1 Photo

  • 3 To Get Ready

    Three things coming your way in Friday’s Joplin Globe.

    July 24, 2014

  • APTOPIX Vatican Pope.jpg Pope meets Sudanese woman sentenced to death

    Pope Francis met privately Thursday with a Sudanese woman who refused to recant her Christian faith in the face of a death sentence, blessing the woman as she cradled her infant daughter born just weeks ago in prison.

    July 24, 2014 2 Photos

  • Box Turtle.jpg Getting reacquainted with garden dwellers

    Visitors to my garden this week find me covered in dust and dirt with bits of wood, leaves and who knows what else caught in my hair; stinky, sweaty gloves; grimy sweat pants and rivulets of dirty perspiration running down my face.

    July 24, 2014 2 Photos

  • mug_sarah-coyne-112613-c.jpg Sarah Coyne: Older kids still find joy in toys

    When she crawled under her covers, she buried her head in her pillow. Then she looked up at me and whispered, "But what if I can't stop thinking about that spider?"

    July 24, 2014 1 Photo

  • Dave Ramsey: Keep hands off the 529 money

    Should we use money from our son's 529 plan for college to pay off debt?

    July 24, 2014

  • Laclede Group gets nod to buy Alabama company

    The Alabama Public Service Commission this week voted to approve the acquisition of Alabama Gas Corp. by The Laclede Group from Energen Corp.

    July 24, 2014