[DeTomaso] Panteras for sale

Tue May 15 16:12:34 EDT 2007

At the risk of being skewered for being political--I have to agree!  The 
only thing I would mention is that any niche asset such as collectible cars, 
is affected by a variety of factors and the values rise and fall in cycles.  
It wasn't too long ago the collector car bubble burst, and I'm sure that 
will happen again sooner or later.

As far as I'm concerned, buying a great car just for collector value and not 
because you love it and (heaven forbid) want to drive it is a huge waste.

Now if I could just get my Pantera back on the road so I could do some 
driving...!

Chris

>From: F&D Terry <gt5s at bcpl.net>
>To: dave at damardirect.com
>CC: michael at michaelshortt.com, detomaso at realbig.com
>Subject: Re: [DeTomaso] Panteras for sale
>Date: Tue, 15 May 2007 14:33:39 -0400
>
>Actually the stock market has done very well for quite a few years with
>yearly gains in the 20% range for picking the right investment. This is
>what happens when the government doesn't tax all our money away, leaving
>some for us to invest.
>
>I attribute the reason car prices have risen so rapidly lately is
>because everyone is feeling flush as a result of stock market and
>housing gains. It certainly has put dollars in some pockets that a few
>years ago were nearly empty. Wait 'till Hillary gets through with her
>government funded health care. Car prices along with the stock market
>will have a serious set back.
>
>Fred T.
>
>Dave McManus wrote:
>
> >IMHO, As long as the stock market is not attractive, the "investment" 
>cars
> >will continue to do well. It is an alternative to the market.
> >
> >Indy
> >Dave
> >
> >-----Original Message-----
> >From: Michael Shortt [mailto:michaelsavga at gmail.com]
> >Sent: Monday, May 14, 2007 7:03 PM
> >To: Mike Thomas
> >Cc: Detomaso at Realbig. Com
> >Subject: Re: [DeTomaso] Panteras for sale
> >
> >I DO like those prices, perhaps sooner than later they will be 
>commonplace
> >for well cared for examples of our cars.  If we knock the value of these
> >cars ourselves, how do we expect those outside the circle to appreciate
> >them?
> >I have been to 5-7 auctions in the last year, still amazed that some 
>"Shelby
> >Mustang", a glorified fastback with a few over the counter parts now 
>command
> >225K as a starting point.
> >Meanwhile, Mangusta. rolling works of art stall at 60K and Panteras sell 
>for
> >30-50K.
> >The entire car price structure is about as FU as started to get when the
> >1980's Japanese started buying Ferrari Daytonas for 500K and GTO's at 
>10-15
> >million. I personally know of one that they offered to buy at 10 million 
>15
> >years ago, the owner turned them down and later sold it for less when the
> >bottom finally fell out.  Just as it may do with Muscle cars at some 
>point,
> >3.7 Million for a 1971 Hemi Cuda Conv. is a joke, the car drove like a
> >truck, so what there were only 12 made in 1971, that should tell you
> >something, NOBODY wanted one.
> >Let's be our own best cheerleaders ans start being amazed at how cheap 
>one
> >sells for, not indignant at how much is asked or paid fopr one.
> >
> >Michael in Savannah
> >
> >
> >On 5/14/07, Mike Thomas <mbefthomas at comcast.net> wrote:
> >
> >
> >>I like those prices!
> >>Yeah, right . . . .
> >>
> >>-----Original Message-----
> >>From: detomaso-bounces at realbig.com [mailto:detomaso-bounces at realbig.com]
> >>On
> >>Behalf Of Garth Rodericks
> >>Sent: Monday, May 14, 2007 11:53 AM
> >>To: detomaso at realbig.com
> >>Subject: [DeTomaso] Panteras for sale
> >>
> >>There are 3 Panteras for sale on cars.com\
> >>
> >>
> >>
> >>
> >>
> >http://www.cars.com/go/search/search_results.jsp?tracktype=usedcc&searchType
> >
> >
> >>
> >>
> >=21&cid=&dlid=&dgid=&amid=&cname=&mdnm=all&mknm=DeTomaso&rd=10000&zc=95125&m
> >
> >
> >>
> >>
> >akeid=80&modelid=&pageNumber=0&numResultsPerPage=50&largeNumResultsPerPage=0
> >
> >
> >>
> >>
> >&sortorder=descending&sortfield=PRICE+descending&certifiedOnly=false&criteri
> >
> >
> >>
> >>
> >a=K-%7CE-%7CM-_80_%7CN-N%7CR-10000%7CI-1%7CP-PRICE+descending%7CQ-descending
> >
> >
> >>%7CZ-95125&aff=national&aff=national
> >>
> >>(or http://tinyurl.com/23yfdq)
> >>
> >>Do we know these cars or the sellers?
> >>
> >>Cheers!
> >>Garth (never selling) Rodericks
> >>#4033
> >>
> >>
> >>---------------------------------
> >>Don't pick lemons.
> >>See all the new 2007 cars at Yahoo! Autos.
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> >>
> >
> >
> >
> >
> >
>
>
>
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