[DeTomaso] Guess it can't hurt to ask

[Pantdino]

By the "pay for the restoration and get the car for free" rule it is worth at least $85K. 
 
My usual thought with cars like this is "why did a car with that few miles need a restoration?"
 
Jim Oddie
 
 
-----Original Message-----
From: Tom Shinrock via DeTomaso <detomaso at poca.com>
To: detomaso <detomaso at poca.com>
Sent: Sun, Jan 11, 2015 8:18 am
Subject: [DeTomaso] Guess it can't hurt to ask


   Is this something like the 1 in 10 rule?
   GT5 is listed on eBay with a $499K but it now price.
   http://www.ebay.com/itm/261730411310?forcerRptr=true&item=261730411310&
   viewitem=&sspagename=ADME:SS:SS:US:3160
   Ad says the car may soon be a 20 - 30 million dollar car, like the
   Ferrari GTO
   This kind of reminds me of a story I heard back in the 80s when I first
   joined the SCCA and starting my education on exotic cars.  I remember
   some of the members talking about how the 427 cobra owners all decided
   to list their cars for sale for an outrageous price many, many times
   over the current market value.  The effect was that the market value
   automatically jumped for their cars, the reason being there were so few
   made that they controlled the market.
   Don't know if the story is true or not.
   Tom
   5186

 
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-------------- next part --------------
   By the "pay for the restoration and get the car for free" rule it is
   worth at least $85K.



   My usual thought with cars like this is "why did a car with that few
   miles need a restoration?"



   Jim Oddie





   -----Original Message-----
   From: Tom Shinrock via DeTomaso <detomaso at poca.com>
   To: detomaso <detomaso at poca.com>
   Sent: Sun, Jan 11, 2015 8:18 am
   Subject: [DeTomaso] Guess it can't hurt to ask
   Is this something like the 1 in 10 rule?
   GT5 is listed on eBay with a $499K but it now price.
   [1]http://www.ebay.com/itm/261730411310?forcerRptr=true&item=261730411310&
   viewitem=&sspagename=ADME:SS:SS:US:3160
   Ad says the car may soon be a 20 - 30 million dollar car, like the
   Ferrari GTO
   This kind of reminds me of a story I heard back in the 80s when I first
   joined the SCCA and starting my education on exotic cars.  I remember
   some of the members talking about how the 427 cobra owners all decided
   to list their cars for sale for an outrageous price many, many times
   over the current market value.  The effect was that the market value
   automatically jumped for their cars, the reason being there were so few
   made that they controlled the market.
   Don't know if the story is true or not.
   Tom
   5186

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References

   1. http://www.ebay.com/itm/261730411310?forcerRptr=true&item=261730411310&
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   3. http://poca.com/mailman/listinfo/detomaso_poca.com