[DeTomaso] More on Pantera values....

Julian Kift julian_kift at hotmail.com
Wed Nov 13 18:14:13 EST 2013


John,
 
I have to stop speed reading; on initial read I thought your first sentence was advocating selling your significant other based on the long term cost of ownership and restorative work! Probably not a bad analogy, but not one most with a significant other would be willing to put in writing :)
 
Julian
 
Date: Wed, 13 Nov 2013 17:06:20 -0600
From: jtaphorn at kingwoodcable.com
To: julian_kift at hotmail.com; mikeldrew at aol.com; detomaso at poca.com
Subject: Re: [DeTomaso] More on Pantera values....


  
    
  
  
    Julian - I support your thinking.  Along those lines, I believe it
    is easier to sell your significant other on the lower initial outlay
    as few have any real insight as to the forthcoming cost of
    restoration.  Most people with whom I have discussed the financial
    cost of their restorations are not even honest with themselves. 
    They avoid adding up the receipts for fear of depression.  

    

    JT

    

    

    On 11/13/2013 9:58 AM, Julian Kift
      wrote:

    
    
      
      Mike,

         

        Agreed in the most part about Pantera prices, however I'm always
        a little hesitant to take project Pantera prices and predict
        them out to what finished examples would sell for. There are a
        lot of potential owners out there that have a price point well
        below a good or restored/modified Pantera and very few project
        Panteras so competeion is fierce and prices get skewed.

         

        I'm finding it's the same with houses; I've been looking for an
        acreage here locally and anything with a home that requires
        modernization is selling within days or even hours (we've been
        outbid on five houses now), but those same houses post the
        modernization a) don't reflect the dollars put into them for the
        modernization and b) stay on the market. It's all about the
        price point that people can get in at and there's a lot more
        competition at the reduced price levels, despite condition. Yes
        I wish I had the $$ to get into one of the already modernized
        ones, but simply can't stretch that far at present and prices in
        general are on a fairly steep rise again. Sound familiar?

         

        Julian

         

        
          From: MikeLDrew at aol.com

          Date: Wed, 13 Nov 2013 03:40:43 -0500

          To: detomaso at POCA.com

          Subject: [DeTomaso] More on Pantera values....

          

          Hi guys,

              

              Just spotted this on E-bay; Jim Demick flipped a beautiful
              rust-free southwest car for a restoration project:

              

http://www.ebay.com/itm/Other-Makes-Pantera-Pre-L-/370935390036

              

              The selling price would have bought you a really nice
              driver Pantera just a year or two ago.

              

              Those of you who think that the prices for good, solid,
              stock Panteras have not really rocketed upwards are
              kidding yourselves!  But, that doesn't necessarily mean
              that modified cars are following along.  I think modified
              cars (of which mine is definitely one) are appreciating,
              but not at nearly this rate....

              

              Mike

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