[DeTomaso] California driver Pantera for sale--full review, and pantera value from a Norwegians point of view

[Michael Shortt]

Mike's review of the car was first rate, anybody that still had questions
after that...well there are Pinto's that are available. That was easily a
$500.00 report had anybody paid for a knowledgeable person to survey the car
( not including travel ).

With the exception of the overpriced Muscle cars ( but hey if I had a Hemi
Superbird, I'd be happy ) most people do better buying an already restored
car.

I've seen it a hundred times at auctions, cars selling for less than the
restorer spent fixing it up, which is probably more often the case.
Research is key and knowing the acceptable range of your budget AND the cost
of repairs, parts, etc. makes all the difference in the world, not to
mention the aforementioned cost of traveling to and from potential examples.

Personally I think that our cars will continue to increase in value at a
better than average collectible car rate as more ( agh..popular..hate that )
cars grow out of reach for the average enthusiast, and like Dodge Super
Bee's and Coronet's, they will also rise in value at some point to where
even we will sit back and wonder just what in the heck happened.

Even in my short three years of being active on the forum, I've seen the
cost of daily drivers and beaters go from 15-20K to 25-35K.  Many on this
same list ( which used to P me Off to no end ) talked trash about cars with
selling prices in the 40's, 50's and 60's, Now those prices are common.

Buy'em while you can and I do think a well maintained example is an
investment, if properly maintained and driven responsibly there is no reason
in the world to think that almost ANY Pantera will out perform any lousy
1.5-4.5% CD sitting in a bank somewhere.

Michael in Savannah




On Feb 13, 2008 4:53 PM, Dagny Kristine Bakken <dagny-kr at online.no> wrote:

>
>
>  _____
>
> Fra: Douglas Kelm [mailto:dakelm at qwest.net]
> Sendt: 13. februar 2008 22:01
> Til: MikeLDrew at aol.com; kenn_green at yahoo.com; dagny-kr at online.no;
> detomaso at realbig.com
> Emne: Re: [DeTomaso] California driver Pantera for sale--full review, and
> pantera value from a Norwegians point of view
>
>
>
> >>>I always advise people who are shopping for a car to take a good, hard
> look at their financial situation, and determine the absolute, complete
> maximum amount of money they can afford to spend on a Pantera, and then go
> out and buy one at least $5000 MORE than that amount!!!  Without question
> they will be financially ahead in the long run--and happier too.
>
> Mike
>
> I concur in spades! That's EXACTLY what happened when I bought my car 12
> years ago. I, reluctantly, paid $5000 more than I had originally planned
> to
> spend, and that was AFTER getting the seller to reduce his asking price by
> 10%. A big part of that decision was the Wilkinson 16" & 17" Campy clones
> that came on the car that were not part of my original wish list. And the
> fact that the car was heavily documented back to day one. Any Pantera
> buyer
> MUST ask himself: What is it going to cost to bring this car up to a
> standard that I will be happy with? Virtually noone makes back their
> investment restoring a Pantera in the short run, so why no use the
> economics
> to work in your favor. Yeah, yeah, yeah, I know these cars aren't
> "investments" but it's still money out of your checkbook. Spend it wisely!
>
> Doug
>
>  I totally agree that  its cheapest for most buyers to buy a good car at
> once,especially since it seems to me that pricedifference between a very
> good car and restoration object isnt that big.However im glad that some
> see
> the challange and satisfaction in restoring the panteras that are not so
> good anymore.And for those capable of handling most of the restoration
> work
> them self,it could be a ok solution financial and satisfactional. :)
>
> Øyvind Bakken
>
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-- 
Michael L. Shortt
Savannah, Georgia
www.michaelshortt.com
michael at michaelshortt.com


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