[DeTomaso] Guess it can't hurt to ask

Mon Jan 12 02:00:23 EST 2015

Considering the prices of all collector cars lately, that price is actually not unreasonable

Jim

-----Original Message-----
From: Julian Kift <julian_kift at hotmail.com>
To: pantdino <pantdino at aol.com>; tmshinro <tmshinro at aol.com>; De Tomaso List <detomaso at poca.com>
Sent: Sun, Jan 11, 2015 9:09 pm
Subject: RE: [DeTomaso] Guess it can't hurt to ask

Apparently this car is for sale elsewhere tagged at $149,900 so looks like a slip of the fingers (or thumbs if uploaded with a mobile device).

Julian

From: julian_kift at hotmail.com
To: pantdino at aol.com; tmshinro at aol.com
Subject: RE: [DeTomaso] Guess it can't hurt to ask
Date: Sun, 11 Jan 2015 12:20:12 -0800

This is a later 9000 series factory GT5, admittedly not in the realm of a Ferrari GTO as claimed but I would not be surprised to see the GT5 compared to and similarly priced to tte Lamborghini Countach in future.

Good late series cars are topping $100K currently, whether that is sustainable in a market that may be correcting is still to be seen.

Julian

To: tmshinro at aol.com; detomaso at poca.com
Date: Sun, 11 Jan 2015 14:43:48 -0500
Subject: Re: [DeTomaso] Guess it can't hurt to ask
From: detomaso at poca.com

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 --------------
   Considering the prices of all collector cars lately, that price is
   actually not unreasonable

   Jim

   -----Original Message-----
   From: Julian Kift <julian_kift at hotmail.com>
   To: pantdino <pantdino at aol.com>; tmshinro <tmshinro at aol.com>; De Tomaso
   List <detomaso at poca.com>
   Sent: Sun, Jan 11, 2015 9:09 pm
   Subject: RE: [DeTomaso] Guess it can't hurt to ask
   Apparently this car is for sale elsewhere tagged at $149,900 so looks
   like a slip of the fingers (or thumbs if uploaded with a mobile
   device).
   Julian
     __________________________________________________________________

   From: [1]julian_kift at hotmail.com
   To: [2]pantdino at aol.com; [3]tmshinro at aol.com
   Subject: RE: [DeTomaso] Guess it can't hurt to ask
   Date: Sun, 11 Jan 2015 12:20:12 -0800
   This is a later 9000 series factory GT5, admittedly not in the realm of
   a Ferrari GTO as claimed but I would not be surprised to see the GT5
   compared to and similarly priced to tte Lamborghini Countach in future.
   Good late series cars are topping $100K currently, whether that is
   sustainable in a market that may be correcting is still to be seen.
   Julian
   To: [4]tmshinro at aol.com; [5]detomaso at poca.com
   Date: Sun, 11 Jan 2015 14:43:48 -0500
   Subject: Re: [DeTomaso] Guess it can't hurt to ask
   From: [6]detomaso at poca.com

By the "pay for the restoration and get the car for free" rule it is worth at le
ast $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 <[7]detomaso at poca.com>

To: detomaso <[8]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.

   [9]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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DeTomaso mailing list

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References

   1. mailto:julian_kift at hotmail.com
   2. mailto:pantdino at aol.com
   3. mailto:tmshinro at aol.com
   4. mailto:tmshinro at aol.com
   5. mailto:detomaso at poca.com
   6. mailto:detomaso at poca.com
   7. mailto:detomaso at poca.com
   8. mailto:detomaso at poca.com
   9. http://www.ebay.com/itm/261730411310?forcerRptr=true&item=261730411310&
  10. mailto:DeTomaso at poca.com
  11. http://poca.com/mailman/listinfo/detomaso_poca.com
  12. mailto:DeTomaso at poca.com
  13. http://poca.com/mailman/listinfo/detomaso_poca.com