[DeTomaso] Mecum Kissimmee

Sun Jan 15 12:54:23 EST 2017

So if that's $105K less seller fees, he's under water.

I watched some of Mecum last night and saw the  no photo S73.1 lot Pantera cross the block, it was  a good looking restomod with a 5.0 Cobra motor and reached $100K, no sale.

I have yet to figure out what drives the stock vs. customized equation, I am coming to the conclusion it may be just personal taste and having the right two (or more) buyers willing to bid. I saw a heavily customized '63 split window Corvette sell at $300K, when other good stock Corvette's were available for reasonable money. Yes it looked nice (as much as it can to me being a non Corvette guy), but who pays $300K for a custom Corvette!

Julian
________________________________
From: DeTomaso <detomaso-bounces at server.detomasolist.com> on behalf of Mark Charlton <pantera01826 at rogers.com>
Sent: Sunday, January 15, 2017 9:18 AM
To: Mike Thomas
Cc: detomaso at server.detomasolist.com; Tom Cabanski
Subject: Re: [DeTomaso] Mecum Kissimmee

Well, he only got $105K for it this time. It certainly indicates the market has a preference for stock and unmodified appearing cars as that is a much stronger result than either of the two “customized” cars sold before it. The last Pantera listed had no photos, and shows no details regarding bids or sale, so I wonder if it even made it to the auction.

Mark Charlton
pantera01826 at rogers.com

> On Jan 14, 2017, at 1:18 PM, Mike Thomas <mbefthomas at comcast.net> wrote:
>
> This was a car that one of our members found in Nevada a few years back and sold for $100k at auction a year or two ago.  This is the third or fourth time it has come back up for sale in an attempt to profit from the flip.  He'll likely have to get ~$125 to make any money at this point.  It is a beautiful car, and in red to me represents the high point of Ford's foray into sales of exotic cars at the time.
>
>
> Mike Thomas
> Pres., Panteras Northwest
> Yellow ’74 #6328
>
>
>
>
> -----Original Message-----
> From: DeTomaso [mailto:detomaso-bounces at server.detomasolist.com] On Behalf Of Mark Charlton
> Sent: Friday, January 13, 2017 10:37 AM
> To: Tom Cabanski <tcabanski at tencom.com>
> Cc: detomaso at server.detomasolist.com
> Subject: Re: [DeTomaso] Mecum Kissimmee
>
> If that yellow car sold for $64K, I’d say that is very strong money. It was highly modified wth some unusual “personal” touches that I would have expected to hurt the value quite a bit more — as some are not easy reversible. Have a look at the way the fender front edges meet the front hood. The interior is modified, but not that well if you look at the door panels and the bumps and bagging in the leather elsewhere. No shoulder belts? A broom holding up the rear decklid… there is a lot to question on this car, IMHO. I think the seller should be pleased.
>
> As far as I can tell, only one Pantera (of the 4 listed) at Mecum will provide any real indication of the state of the Pantera market, and it is this one:
>
> https://www.mecum.com/lots/FL0117-269860/1974-detomaso-pantera/ <https://www.mecum.com/lots/FL0117-269860/1974-detomaso-pantera/>
>
> Mark Charlton
> pantera01826 at rogers.com
>
>
>
>> On Jan 13, 2017, at 9:53 AM, Tom Cabanski <tcabanski at tencom.com> wrote:
>>
>>  The yellow one which looked very nice just went yesterday for only
>>  $64,000.
>>
>>  Downward trend or the usual low prices that you see at these auctions?
>>
>>  Tom
>> _______________________________________________
>>
>>
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>
>

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-------------- next part --------------
   So if that's $105K less seller fees, he's under water.

   I watched some of Mecum last night and saw the  no photo S73.1 lot
   Pantera cross the block, it was  a good looking restomod with a 5.0
   Cobra motor and reached $100K, no sale.

   I have yet to figure out what drives the stock vs. customized equation,
   I am coming to the conclusion it may be just personal taste and
   having the right two (or more) buyers willing to bid. I saw a heavily
   customized '63 split window Corvette sell at $300K, when other good
   stock Corvette's were available for reasonable money. Yes it
   looked nice (as much as it can to me being a non Corvette guy), but
   who pays $300K for a custom Corvette!
   Julian
     __________________________________________________________________

   From: DeTomaso <detomaso-bounces at server.detomasolist.com> on behalf of
   Mark Charlton <pantera01826 at rogers.com>
   Sent: Sunday, January 15, 2017 9:18 AM
   To: Mike Thomas
   Cc: detomaso at server.detomasolist.com; Tom Cabanski
   Subject: Re: [DeTomaso] Mecum Kissimmee

   Well, he only got $105K for it this time. It certainly indicates the
   market has a preference for stock and unmodified appearing cars as that
   is a much stronger result than either of the two "customized" cars sold
   before it. The last Pantera listed had no photos, and shows no details
   regarding bids or sale, so I wonder if it even made it to the auction.
   Mark Charlton
   pantera01826 at rogers.com
   > On Jan 14, 2017, at 1:18 PM, Mike Thomas <mbefthomas at comcast.net>
   wrote:
   >
   > This was a car that one of our members found in Nevada a few years
   back and sold for $100k at auction a year or two ago.  This is the
   third or fourth time it has come back up for sale in an attempt to
   profit from the flip.  He'll likely have to get ~$125 to make any money
   at this point.  It is a beautiful car, and in red to me represents the
   high point of Ford's foray into sales of exotic cars at the time.
   >
   >
   > Mike Thomas
   > Pres., Panteras Northwest
   > Yellow '74 #6328
   >
   >
   >
   >
   > -----Original Message-----
   > From: DeTomaso [[1]mailto:detomaso-bounces at server.detomasolist.com]
   On Behalf Of Mark Charlton
   > Sent: Friday, January 13, 2017 10:37 AM
   > To: Tom Cabanski <tcabanski at tencom.com>
   > Cc: detomaso at server.detomasolist.com
   > Subject: Re: [DeTomaso] Mecum Kissimmee
   >
   > If that yellow car sold for $64K, I'd say that is very strong money.
   It was highly modified wth some unusual "personal" touches that I would
   have expected to hurt the value quite a bit more -- as some are not
   easy reversible. Have a look at the way the fender front edges meet the
   front hood. The interior is modified, but not that well if you look at
   the door panels and the bumps and bagging in the leather elsewhere. No
   shoulder belts? A broom holding up the rear decklid... there is a lot
   to question on this car, IMHO. I think the seller should be pleased.
   >
   > As far as I can tell, only one Pantera (of the 4 listed) at Mecum
   will provide any real indication of the state of the Pantera market,
   and it is this one:
   >
   > [2]https://www.mecum.com/lots/FL0117-269860/1974-detomaso-pantera/
   <[3]https://www.mecum.com/lots/FL0117-269860/1974-detomaso-pantera/>
   >
   > Mark Charlton
   > pantera01826 at rogers.com
   >
   >
   >
   >> On Jan 13, 2017, at 9:53 AM, Tom Cabanski <tcabanski at tencom.com>
   wrote:
   >>
   >>  The yellow one which looked very nice just went yesterday for only
   >>  $64,000.
   >>
   >>  Downward trend or the usual low prices that you see at these
   auctions?
   >>
   >>  Tom
   >> _______________________________________________
   >>
   >>
   >> Detomaso Email List is not managed by POCA Posted emails must not
   >> exceed 1.5 Megabytes DeTomaso mailing list
   >> DeTomaso at server.detomasolist.com
   >> [4]http://server.detomasolist.com/mailman/listinfo/detomaso
   >>
   >> To manage your subscription (change email address, unsubscribe,
   etc.) use the links above.
   >>
   >> Members who post to this list grant license to the list to forward
   any message posted here to all past, current, or future members of the
   list. They also grant the list owner permission to maintain an archive
   or approve the archiving of list messages.
   >
   >
   _______________________________________________
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References

   1. mailto:detomaso-bounces at server.detomasolist.com
   2. https://www.mecum.com/lots/FL0117-269860/1974-detomaso-pantera/
   3. https://www.mecum.com/lots/FL0117-269860/1974-detomaso-pantera/
   4. http://server.detomasolist.com/mailman/listinfo/detomaso
   5. http://server.detomasolist.com/mailman/listinfo/detomaso