[DeTomaso] Really Rough Pantera on Ebay at $25K

[Larry Stock]

Could not have expressed it better Julian
Larry

On 2/5/16, 9:45 AM, "DeTomaso on behalf of Julian Kift"
<detomaso-bounces at poca.com on behalf of julian_kift at hotmail.com> wrote:

>I suspect there are a large number of potential owners who would get a
>Pantera if they could afford one, that populous has likely grown of late
>with increasing prices of our cars. I would postulate that these project
>cars appeal to that group, who want a Pantera and this is the only way of
>being able to afford to get into one. Thus that reflects in some fierce
>competition by way of strong bidding and the car goes for more than 'we'
>think it should. At this point the restoration cost maybe somewhat
>immaterial to these buyers in their desire to own a Pantera knowing that
>restoration costs can be spread over months, years or decades, but they
>are on the ownership ladder.
>
>There are then in addition the 'flippers', the professionals or
>semi-professionals who ill restore the car and expect it to command big
>$$ due to its low mileage and ownership history.
>
>At least this candidate is reported to be complete (less steering wheel
>center) and not a stripped down box of parts that adds the risk of not
>all being there. An attempt has been made to assess extent of rust, but
>given the car doesn't appear to have moved of late I suspect it was a
>cursory look at best. If the seller can show the car has been parked and
>non op for a long period the recorded mileage might be believable too,
>unlike many other reputed low mile cars that have no paperwork and you
>have to question whether they have been around the clock.
>
>It would be interesting to follow this car; I wouldn't be surprised to
>see it cross the block at a major auction in the future "as a true barn
>find restoration, and lowest miles of any Pantera". Albeit there is GT5
>for sale in Europe that has a reported 2,800kms on it, one owner
>supposedly the King of Saudi Arabia.
>
>Julian
>________________________________________
>From: DeTomaso <detomaso-bounces at poca.com> on behalf of Mike Reilly
><reillyms at live.com>
>Sent: Friday, February 5, 2016 6:52 AM
>To: detomaso at poca.com
>Subject: Re: [DeTomaso] Really Rough Pantera on Ebay at $25K
>
>Agree with Sean....you could get it going as a driver for much less.  I
>was just rough guessing if you took it as is to a restoration shop to get
>made right.
>
>Joe, didn't mean to discourage you.....getting it to a driver level is
>doable for much less and if the new owner does as much of the labor as
>they can then getting it right may be a reasonable expense.  Bottom line
>is it's great seeing it be saved and hopefully the new owner has their
>eyes wide open with the purchase and discovers that there is a supportive
>community (vendors and other owners) ready to help them out.   Mike R.
>
>Date: Fri, 5 Feb 2016 09:34:40 -0500
>From: spkorb at gmail.com
>To: detomaso at poca.com
>Subject: Re: [DeTomaso] Really Rough Pantera on Ebay at $25K
>
>I know a reputable shop that can get this to daily driver (not showroom)
>for $15k so that might be a very good investment indeed.  To get it the
>next step though... and it really deserves the next step.
>
>On Fri, Feb 5, 2016 at 9:10 AM, Joseph F. Byrd, Jr.
><byrdjf at embarqmail.com>
>wrote:
>
>> Given my 5177 is basically in the same condition, the current $25K bids
>> make me feel a little "good".  HOWEVER, your estimated $100K to put it
>>back
>> on the road is pretty discouraging.
>> Joe/5177/NC
>>
>> -----Original Message-----
>> From: DeTomaso [mailto:detomaso-bounces at poca.com] On Behalf Of Mike
>>Reilly
>> Sent: Thursday, February 04, 2016 22:46 PM
>> To: detomaso at poca.com
>> Subject: [DeTomaso] Really Rough Pantera on Ebay at $25K
>>
>> WowŠŠhard to believeŠ..$25K and it will probably need $100K to get
>>right.
>> Crazy times indeed!   It¹s all there though but seems like better cars
>>are
>> out there for what this will cost in the end.  Hopefully folks bidding
>>know
>> what it takes to deal with rust and replacing all rubber/soft parts.
>>
>>
>> 
>>http://www.ebay.com/itm/1973-De-Tomaso-Pantera-5-700-original-miles-/3317
>>67367856?hash=item4d3ee048b0:g:FagAAOSwFqJWrk95&vxp=mtr
>>
>> Sent from Mail for Windows 10
>>
>>
>>
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>
>
>
>--
>Sean Korb spkorb at spkorb.org http://www.spkorb.org
>'65,'68 Mustangs,'68 Cougar,'78 R100/7,'60 Metro,'59 A35,'71 Pantera #1382
>"The more you drive, the less intelligent you get" --Miller
>"Computers are useless.  They can only give you answers." -P. Picasso
>
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