[DeTomaso] California driver Pantera for sale--full review

[Douglas Kelm]

Well, you're certainly right about MN being the middle of nowhere when it comes to peddling high end cars. AND I also was admittedly lacking in marketing skills! Still, I would hope that most people reading this forum, the PI bulletin board and Chuck's Provamo website would gladly spend the air fare to save $10,000. After all, the actual buyer flew over here from Sweden, spent three days with me and then had the car shipped to Sweden at considerable expense. Why was he willing to expend all those dollars (kroners) when others wouldn't? If California buyers are willing to shell out serious money for cars that can be had for much less in other parts of the country with a little leg work, then I guess it truly is the land of fruits and nuts :<D  As for PI Motorsports, I have always felt their cars were 25-33% overpriced. I guess I'm just a cheap bastard!

Doug
  ----- Original Message ----- 
  From: MikeLDrew at aol.com 
  To: dakelm at qwest.net ; detomaso at realbig.com 
  Sent: Monday, February 11, 2008 12:25 AM
  Subject: Re: [DeTomaso] California driver Pantera for sale--full review



  In a message dated 2/10/08 22 10 4, dakelm at qwest.net writes:



    Excellent write up Mike, except for one, very important thing: I think your
    price estimate is WILDLY optimistic. My car, with which you are intimately
    familiar, recently sold for SIGNIFICANTLY less than the $45K I was asking


  It shouldn't have.  If you sold it for a penny less than $45K, you gave it away.  That doesn't mean that's what it was worth, but rather, you weren't able to sell it properly.  Part of the problem is the fact that you live in Minnesota.  Out here in California people pay good money for these things.

  Several Panteras that were no better than drivers, with paint needs, mechanical woes etc. have sold for over $40K in the Bay Area in the last year; cars as nice as yours easily fetch north of $50K.  

  By way of comparison, a Pantera that was just a rolling shell, in primer, fully dismantled except for the suspension, with a noticeable dent on one front fender, and missing its original wheels, sold for $25K in Nevada a few months ago, and the buyer felt he was getting a bargain.

  Now imagine that same car, fully assembled and functional, with a strong motor and brand new cooling system.  It's easily worth $10K more than that.

  Had you shlepped your Pantera out to California, PI Motorsports would probably have put a $60K price tag on it and sold it for $55K.  Even as some people believe the economy is crumbling, Pantera values (particularly for quality cars) continue to rise.

  Mike



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