[DeTomaso] We're all rich!

[Richard Greenblum]

I first have to admit that my parents bought my Pantera for me more than 40
years ago.  I remember telling my dad, a somewhat sophisticated businessman,
that it would be a great investment.  His response was immediate, but
polite: "You don't drive an investment down the road."  He went on to say if
he bought it, it was to drive after it was insured...

Richard
Austin, TX
US GTS #7080


-----Original Message-----
From: DeTomaso <detomaso-bounces at server.detomasolist.com> On Behalf Of Larry
Stock
Sent: Thursday, December 6, 2018 3:46 PM
To: audionut at hushmail.com; detomaso at server.detomasolist.com
Subject: Re: [DeTomaso] We're all rich!

Don¹t forget to factor in heated Garage space costs and Insurance on the car
and the Garage, plus maybe some DMV fees. NOPE we don¹t do this as an
investment, we do it out of the love and passion of holding on to such
Dynamic Art pieces.
Larry

On 12/6/18, 1:31 PM, "DeTomaso on behalf of audionut--- via DeTomaso"
<detomaso-bounces at server.detomasolist.com on behalf of
detomaso at server.detomasolist.com> wrote:

>   "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-
>Auc 
>tion/lots/r0004-1974-De-Tomaso-Pantera-L-by-Ghia/697502?&utm_source=rms
>oth 
>ebys.com&utm_medium=email&utm_campaign=CA18&utm_term=CA18_OldSchool&utm
>_co
>ntent=lot_image&_cldee=c3JzbHVzc29AZ21haWwuY29t&recipientid=contact-b3b
>224
>55ba2de61181af14feb5caa464-dd459b59a91e45009116d433a30a00d7&esid=f81657
>78-
>bef8-e811-821a-000c2971a03a at aol.com,%C2%A0
>_______________________________________________
>
>
>Detomaso Email List is not managed by POCA Posted emails must not 
>exceed 1.5 Megabytes DeTomaso mailing list 
>DeTomaso at server.detomasolist.com 
>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.


_______________________________________________


Detomaso Email List is not managed by POCA Posted emails must not exceed 1.5
Megabytes DeTomaso mailing list DeTomaso at server.detomasolist.com
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.