[DeTomaso] We're all rich!

[audionut at hushmail.com]

"Rich" is in the eye of the beholder?
Factor in the purchasing power of $1 in 1974 vs. 2018, this person is
just about breaking even if the car sells @ $120K.
Which is not too bad, really, considering as a whole "cars as
investments".  A very small percentage of cars are capable of escaping
the merciless vortex of inflation.
So, here you have it, clear as day:  You buy a zippy car in 1974,
drive it for a few months, park it for 45 years based on speculation
that you will at least break even on a long term investment that has
provided you (and others) with precious little fun other than having
possession of an "art piece" under a cover inside your garage.
Makes no sense to me whatsoever.  In terms of what is truly valuable
about living life, one would have to chalk this venture up as a net
loss.
May the buyer of this car not be a similar kind of fool.  May he/she
choose to dive into the cockpit and spin the clock on that sucker.
(#7346, wow that is the highest domestic market s/n I have ever seen)
 Sent using Hushmail
On 12/6/2018 at 9:25 AM, "Laurie Ferrari via DeTomaso" 
wrote:https://rmsothebys.com/en/auctions/CA18/The-Petersen-Automotive-Museum-Auction/lots/r0004-1974-De-Tomaso-Pantera-L-by-Ghia/697502?&utm_source=rmsothebys.com&utm_medium=email&utm_campaign=CA18&utm_term=CA18_OldSchool&utm_content=lot_image&_cldee=c3JzbHVzc29AZ21haWwuY29t&recipientid=contact-b3b22455ba2de61181af14feb5caa464-dd459b59a91e45009116d433a30a00d7&esid=f8165778-bef8-e811-821a-000c2971a03a@aol.com,
-------------- next part --------------
   "Rich" is in the eye of the beholder?

   Factor in the purchasing power of $1 in 1974 vs. 2018, this person is
   just about breaking even if the car sells @ $120K.
   Which is not too bad, really, considering as a whole "cars as
   investments".  A very small percentage of cars are capable of escaping
   the merciless vortex of inflation.
   So, here you have it, clear as day:  You buy a zippy car in 1974, drive
   it for a few months, park it for 45 years based on speculation that you
   will at least break even on a long term investment that has provided
   you (and others) with precious little fun other than having possession
   of an "art piece" under a cover inside your garage.
   Makes no sense to me whatsoever.  In terms of what is truly valuable
   about living life, one would have to chalk this venture up as a net
   loss.
   May the buyer of this car not be a similar kind of fool.  May he/she
   choose to dive into the cockpit and spin the clock on that sucker.
   (#7346, wow that is the highest domestic market s/n I have ever seen)
   Sent using Hushmail
   On 12/6/2018 at 9:25 AM, "Laurie Ferrari via DeTomaso"
   <detomaso at server.detomasolist.com> wrote:

     [1]https://rmsothebys.com/en/auctions/CA18/The-Petersen-Automotive-M
     useum-Auction/lots/r0004-1974-De-Tomaso-Pantera-L-by-Ghia/697502?&ut
     m_source=rmsothebys.com&utm_medium=email&utm_campaign=CA18&utm_term=
     CA18_OldSchool&utm_content=lot_image&_cldee=c3JzbHVzc29AZ21haWwuY29t
     &recipientid=contact-b3b22455ba2de61181af14feb5caa464-dd459b59a91e45
     009116d433a30a00d7&esid=f8165778-bef8-e811-821a-000c2971a03a at aol.com
     , ;

References

   1. https://rmsothebys.com/en/auctions/CA18/The-Petersen-Automotive-Museum-Auction/lots/r0004-1974-De-Tomaso-Pantera-L-by-Ghia/697502?&utm_source=rmsothebys.com&utm_medium=email&utm_campaign=CA18&utm_term=CA18_OldSchool&utm_content=lot_image&_cldee=c3JzbHVzc29AZ21haWwuY29t&recipientid=contact-b3b22455ba2de61181af14feb5caa464-dd459b59a91e45009116d433a30a00d7&esid=f8165778-bef8-e811-821a-000c2971a03a@aol.com,%C2%A0