[DeTomaso] Where is she now?

Wed Dec 2 15:53:15 EST 2009

I have sold a few cars on EBay and some of them were sold to European
customers. I said sold not delivered. I had people win the auction and put
down a $1500.00 deposit and renege on the deal. Some thing about buying a
car, ( especially an older collectible) and importing it to Europe from the
US scares allot of these guys when it gets near the point where they have to
put up or shut up. I was in the retail auto business for over 25 years and
it is very common for buyers to get buyers remorse,. I would say a huge
percentage ( well over 75% of buyers of big ticket purchasers get some form
of buyers remorse. Now in the US they get their buyers remorse within 3 days
to a week. It only takes a few days to close the deal. So the buyers already
have the car or have paid for it by the time the second thoughts kick in.
When you are buying a car in the US from Europe it takes allot longer to
close the deal. With export arrangements, duty, customs paper work, getting
the car to the port. The buyer has a decent amount of time to back out. This
is just a hypothesis but it may be  a valid explanation. Only the shadow
knows for sure!

Boyd

On Wed, Dec 2, 2009 at 3:37 PM, Kerry Maguire <kmaguire at landrovermiramar.com
> wrote:

> Another factor is originality, the likes of Norway and Sweden I understand
> are extremely strict on what can pass their DOT inspection for import and
> registration, basically zero mods, completely original.
>
> That explanation from Julian makes the most sense.
>
> Regards,
>
> Kerry M. Maguire #5606
>
>
> I think you would be very surprised if someone documented how many
> Pantera's (and other classics) have left US soil in recent years. I'm sure
> that has slowed more recently with the global economy downturn.
>
>
>
> Another factor to consider in cars advertised at higher prices overseas is
> the duty that many country's impose on such vehicles for them to enter. In
> some of the European Countries that can easily double the cost of the car.
>
>
>
> Another factor is originality, the likes of Norway and Sweden I understand
> are extremely strict on what can pass their DOT inspection for imprt and
> registration, basically zero mods, completely original.
>
>
>
> Julian
>
> > Date: Wed, 2 Dec 2009 13:19:01 -0700
> > From: kmaguire at landrovermiramar.com <
> http://list.realbig.com/mailman/listinfo/detomaso>
> > To: detomaso at realbig.com <
> http://list.realbig.com/mailman/listinfo/detomaso>
> > Subject: [DeTomaso] Where is she now?
> >
> > The explanations are all very well and good but why is this car trying to
> bring so much money in Germany? There are plenty of nice cars on eBay not
> bringing decent bids.
> >
> > Why aren't those being bought up and shipped to Europe?
> >
> > Regards,
> >
> > Kerry M. Maguire #5606
> >
> >
> > I suspect that Boyd's observation is correct. A $35000 car is laughably
> cheap in Euros and is well below market value. A $73000 car is 48.000 euros,
> which isn't out of the market for a well sorted out car.
> >
> > A lot of Europeans are nervous about buying a car on the other side of
> the ocean and don't know the costs or process. They may not speak the
> language, or may think it is prohibitively expensive to import. Before the
> economy took a dump I was half seriously thinking of buying late-model
> Corvettes in the US and importing them to Europe.
> >
> > Think about it if the Euro-dollar situation was reversed. A EUR35000 car
> would be $20.000, and a steal for Americans. Transportation would only
> account for $1000, and a solid Pantera would still be worth roughly $35000
> USD. But how many Americans would be willing to go shopping in Austria in
> German, or in Denmark, or whatever to buy a $20.000 Pantera? Those willing
> to do so could find some steals.
> >
> > So you buy a EUR35.000 euro car for $20.000 and put it up for sale for
> $35.000, which is local market value. The Europeans comment on how their
> EUR35000 car is now for sale for EUR55.000. That's kind of what is happening
> here, or at least to an extent.
> >
> > Charles McCall
> > 1985 DeTomaso Pantera GT5-S #9375
> > "Raising Pantera Awareness Across Europe"
> > http://www.poca.com/index.php/gallery/?g2_itemId=2323
> >
> > -----Mensaje original-----
> > De: detomaso-bounces at realbig.com <
> http://list.realbig.com/mailman/listinfo/detomaso> [mailto:
> detomaso-bounces at realbig.com <
> http://list.realbig.com/mailman/listinfo/detomaso> ] En nombre de boyd
> casey
> > Enviado el: miércoles, 02 de diciembre de 2009 6:04
> > Para: Kerry Maguire
> > CC: detomaso at realbig.com <
> http://list.realbig.com/mailman/listinfo/detomaso>
> > Asunto: Re: [DeTomaso] Where is she now?
> >
> > One difference might be the Euro is at an all time high compared to the
> > dollar. Just like we think of things ia their price relative to dollars
> they
> > think in terms of the local currency. It dosen't explain a price more
> then
> > doubling. The Euro has gone from less then 1 to a dollar to 1.52 euros
> for 1
> > dollar. PI motor sports told me that they were haing their inventory of
> > parts being bought up by Germans? Who Knows?
> > Boyd
> >
> > On Tue, Dec 1, 2009 at 10:30 PM, Kerry Maguire <
> > kmaguire at landrovermiramar.com <
> http://list.realbig.com/mailman/listinfo/detomaso> > wrote:
> >
> > > What intrigues me is why the Germans fell in love with the car and why
> they
> > > think it is worth so much money.
> > >
> > > It was obviously priced right to sell, but why do they want so much for
> it?
> > >
> > > What I see is basically an unmolested car with some modern and
> necessary
> > > updates.
> > >
> > > Maybe that is what sells nowadays?
> > >
> > > Regards,
> > >
> > > Kerry M. Maguire #5606
> > > Since I have been asked several times to help with the answer for what
> has
> > > changed:
> > >
> > >
> > > She went from So Cal to Germany...
> > > And the price changed "slightly" from $34K to around $73K.
> > > Otherwise I see no major differences!
> > > Chuck
> > > Ah Location, Location, Location.
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