[DeTomaso] 86 Pantera GT5s for sale on Craigslist

[F&D Terry]

Peter,

I have said all along that the GT5-S cars are selling way below what 
they should. This seems to only be happening in the US with top quality 
cars selling in the high $70s to low $80s. If this is the price range 
for top cars in the US then the one for sale on Craigslist is 
optimistically priced. Maybe someone has been real busy since I last saw 
it was here in VA. I just remember it needed some TLC. I think in their 
present price range the GT5-S cars offer one of the best buys. I would 
still have mine but I needed the room for another restoration project.

Fred T.

Peter Havlik wrote:

> Fred:
>
> There seems to be a big gap between prices for GT5-S Panteras in 
> Europe and the U.S. Two of the UK RHD GT5-S Panteras that recently 
> sold to Australia both reportedly went for 58,000 pounds sterling 
> which converts to 116,354 US dollars at today's nominal exchange rate. 
> Admittedly there may be a premium for RHD cars, but the asking prices 
> I have seen in Germany over the last year are still much higher than 
> what we see in the U.S.
>
> For example, there is a low-miles 1989 GT5-S currently for sale in 
> Germany with an asking price of EUR 69,000, which converts to 93,280 
> US dollars. A 1987 is for sale in Germany at EUR 59,900 which converts 
> to 79,761 US dollars. A 1980 GT5-S has been for sale for some time now 
> in Zürich at 198,000 Swiss Francs, which converts to 161,766 US dollars!
>
> You can make of this what you will, but the fact is that probably less 
> than 182 GT5-S Panteras were built and even fewer remain on the road. 
> Perhaps the prices in Europe better reflect that exclusivity, and US 
> prices are due for an adjustment?
>
> - Peter
>
> ----------------------------------------------------------------------
>
> Message: 1
> Date: Sun, 01 Jul 2007 07:43:31 -0400
> From: F&D Terry <gt5s at bcpl.net>
> Subject: Re: [DeTomaso] 86 Pantera GT5s for sale on Craigslist
> To: MikeLDrew at aol.com
> Cc: detomaso at realbig.com, garth_rodericks at yahoo.com
> Message-ID: <46879363.9080206 at bcpl.net>
> Content-Type: text/plain; charset=us-ascii; format=flowed
>
> Mike,
>
> When inspecting the car, keep in mind that at one time it represented a
> rare variation of a factory car. It was one of a few sold without a rear
> spoiler. Please let us know your findings. Unless someone has been very
> busy, I feel the car is outrageously priced considering the one that
> recently sold in Delaware for $60k was about the best example of a GT5-S
> short of Dennis Branca's car. It sold for somewhere around $80k a number
> of years ago.
>
> Fred T.