[DeTomaso] Documentation of Panteras increased value
Gray Gregory
rgg at gregorycook.com
Wed Mar 26 18:24:15 EDT 2014
I've been expecting a decline in the prewar car market for the last few years. It hasn't really happened yet, but the collector car market overall has been so strong I think it's just a case of a rising tide lifting all boats. While there will always be a market for the really desirable stuff (Bugatti's, Bentley's, Duisenberg's etc.) I think the more run of the mill prewar cars are going to struggle to find interest with the next generation of collectors. Time will tell....
Gray
-----Original Message-----
From: DeTomaso [mailto:detomaso-bounces at poca.com] On Behalf Of Dave
Sent: Wednesday, March 26, 2014 2:45 PM
To: Rob Dumoulin; Bill Lewis
Cc: De Tomaso List
Subject: Re: [DeTomaso] Documentation of Panteras increased value
How about the cars like a '32 Cadillac16 cyl? Cars that fall in that caliber, I would think are worrying about who will become the future caretakers.
IndyDave
-----Original Message-----
From: Rob Dumoulin [mailto:rob at dumoulins.net]
Sent: Tuesday, March 25, 2014 5:42 PM
To: Bill Lewis
Cc: De Tomaso List
Subject: Re: [DeTomaso] Documentation of Panteras increased value
Response inline
On Mar 25, 2014 12:56 PM, "Bill Lewis" <lotus0005 at hotmail.com> wrote:
>
> I think about this frequently and have mentioned it on here before -
> about the "aging & graying" of the American auto enthusiast. I don't
> know if there is anything that can be done about the (seeming) lack of
> interest in vehicles of contemporary male youths. First question is,
> is that true? Then, if true - why? Then, can it be turned around?
> -----------------------------------------
> -------------- -I think that if I were GM, instead of spending $$$$ on
> racing Corvettes, I would produce a 21st century version of the old TV
> "Route 66" series. And, if I were Harley Davidson, I would churn out a
> bunch of the old motorcycle-gang B movies. I mean, if you want kids to
> smoke, what do you do - you have cool characters in TV/movies smoke.
I can see Senate hearings to ban sports cars because they represent what is wrong with youth.
.
> ---BILL Lewis
> From: terry.himes at jpl.nasa.gov
> To: scscottc at gmail.com; detomaso at poca.com
> Date: Tue, 25 Mar 2014 15:44:38 +0000
> Subject: Re: [DeTomaso] Documentation of Panteras increased value
> I agree. But I think the people who own their Pantera's now (today)
will alway
> s drive them!
> I know I go through withdrawal if I go too long without firing up and
driving my
> Pantera.
>
> Our cars will live on, but I think the next generations++ might not
> drive
them a
> s much. In 2035 it
> would be fun to look down and see a Pantera blowing away electric cars
> on
the hi
> ghway. ;-)
> Of course availability of gas might be a problem. <heh heh>
>
>
> Terry W. Himes
> JPL Jet Propulsion Laboratory
> Deep Impact Sequence Team Lead
> Deep Impact Spacecraft Engineer & Activity Lead Rosetta/MEX/VEX
> Sequence Team Lead
> Phone: (818) 393-6261
> Cell: (818) 653-8213
> Fax: (818) 393-3147
> thimes at jpl.nasa.gov<mailto:thimes at jpl.nasa.gov>
>
>
> From: Scott Carpenter <scscottc at gmail.com<mailto:scscottc at gmail.com>>
> Date: Tuesday, March 25, 2014 7:55 AM
> To: De Tomaso List <detomaso at poca.com<mailto:detomaso at poca.com>>
> Subject: [DeTomaso] Documentation of Panteras increased value
>
> I've been with Hagerty since I got my Pantera fourteen years ago.
> Originally I had my Pantera on an agreed upon value policy of $35,000,
> last year I bumped it up to $60,000. I've never had to make a claim
> so I guess so far I am happy with them. If values keep going up I
> will
probably
> look at bumping it up in the next year or two.
>
> As someone who will probably never sell I am torn about the raise in
> values. While I think it is great that the Pantera is finally given
> some recognition for being the great car we all know it is, I don't
> want it to become worth so much that it starts to make people not want to drive them.
> Personally even if my Pantera is worth $50-70K it is still a viable
> risk
to
> take for the same nice weekend drives that I usually take it on... If
> it were to drastically go up to say $150K then I might start to
> question the sanity of driving it amongst a sea of Pickups, SUVs and
> Minivans where the drivers may or may not be busy texting or yelling
> at the kids in back to see my tiny little Italian hot rod.
>
> Scott
> #1523
>
>
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