[DeTomaso] We're all rich!
Christopher Kimball
chrisvkimball at msn.com
Thu Dec 6 19:12:22 EST 2018
My license frame reads "It's not a toy, it's an investment!" At the time I did that as a joke, and boy, was I right! (the joke part) 😊
Chris
________________________________
From: DeTomaso <detomaso-bounces at server.detomasolist.com> on behalf of Richard Greenblum <richard at richardgreenblum.com>
Sent: Thursday, December 6, 2018 2:20 PM
To: detomaso at server.detomasolist.com
Subject: Re: [DeTomaso] We're all rich!
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://nam03.safelinks.protection.outlook.com/?url=https%3A%2F%2Frmsothebys.com%2Fen%2Fauctions%2FCA18%2FThe-Petersen-Automotive-M&data=02%7C01%7C%7C88dfe2b3b02a4292a34608d65bc9011a%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C636797316200013447&sdata=owrnjOawHvnpyYldY%2FWXNw5rEpCfokLD0dcPQbl89%2Fo%3D&reserved=0
> 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://nam03.safelinks.protection.outlook.com/?url=https%3A%2F%2Frmsothebys.com%2Fen%2Fauctions%2FCA18%2FThe-Petersen-Automotive-Museum-&data=02%7C01%7C%7C88dfe2b3b02a4292a34608d65bc9011a%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C636797316200013447&sdata=FCIqDAuGGFS4hPco4hFL74EjJBXs2L3KsuHKMqXYcmU%3D&reserved=0
>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
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-------------- next part --------------
My license frame reads "It's not a toy, it's an investment!" At the
time I did that as a joke, and boy, was I right! (the joke part)
Chris
__________________________________________________________________
From: DeTomaso <detomaso-bounces at server.detomasolist.com> on behalf of
Richard Greenblum <richard at richardgreenblum.com>
Sent: Thursday, December 6, 2018 2:20 PM
To: detomaso at server.detomasolist.com
Subject: Re: [DeTomaso] We're all rich!
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!
Don^1t forget to factor in heated Garage space costs and Insurance on
the car
and the Garage, plus maybe some DMV fees. NOPE we don^1t 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://nam03.safelinks.protection.outlook.com/?url=https%3A%2F%2Frm
sothebys.com%2Fen%2Fauctions%2FCA18%2FThe-Petersen-Automotive-M&dat
a=02%7C01%7C%7C88dfe2b3b02a4292a34608d65bc9011a%7C84df9e7fe9f640afb435a
aaaaaaaaaaa%7C1%7C0%7C636797316200013447&sdata=owrnjOawHvnpyYldY%2F
WXNw5rEpCfokLD0dcPQbl89%2Fo%3D&reserved=0
>
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.
>[1]https://nam03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fr
msothebys.com%2Fen%2Fauctions%2FCA18%2FThe-Petersen-Automotive-Museum-&
amp;data=02%7C01%7C%7C88dfe2b3b02a4292a34608d65bc9011a%7C84df9e7fe9f640
afb435aaaaaaaaaaaa%7C1%7C0%7C636797316200013447&sdata=FCIqDAuGGFS4h
Pco4hFL74EjJBXs2L3KsuHKMqXYcmU%3D&reserved=0
>Auc
>tion/lots/r0004-1974-De-Tomaso-Pantera-L-by-Ghia/697502?&utm_source=rm
s
>oth
>ebys.com&utm_medium=email&utm_campaign=CA18&utm_term=CA18_OldSchool&ut
m
>_co
>ntent=lot_image&_cldee=c3JzbHVzc29AZ21haWwuY29t&recipientid=contact-b3
b
>224
>55ba2de61181af14feb5caa464-dd459b59a91e45009116d433a30a00d7&esid=f8165
7
>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
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>[2]https://nam03.safelinks.protection.outlook.com/?url=http%3A%2F%2Fse
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>
>To manage your subscription (change email address, unsubscribe, etc.)
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list.
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>approve the archiving of list messages.
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References
1. https://nam03.safelinks.protection.outlook.com/?url=https%3A%2F%2Frmsothebys.com%2Fen%2Fauctions%2FCA18%2FThe-Petersen-Automotive-Museum-&data=02%7C01%7C%7C88dfe2b3b02a4292a34608d65bc9011a%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C636797316200013447&sdata=FCIqDAuGGFS4hPco4hFL74EjJBXs2L3KsuHKMqXYcmU%3D&reserved=0
2. https://nam03.safelinks.protection.outlook.com/?url=http%3A%2F%2Fserver.detomasolist.com%2Fmailman%2Flistinfo%2Fdetomaso&data=02%7C01%7C%7C88dfe2b3b02a4292a34608d65bc9011a%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C636797316200013447&sdata=NE0gYj%2BbDZGqOrV2kd5WBW83cApb5HM8yb7NECor1eo%3D&reserved=0
3. https://nam03.safelinks.protection.outlook.com/?url=http%3A%2F%2Fserver.detomasolist.com%2Fmailman%2Flistinfo%2Fdetomaso&data=02%7C01%7C%7C88dfe2b3b02a4292a34608d65bc9011a%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C636797316200013447&sdata=NE0gYj%2BbDZGqOrV2kd5WBW83cApb5HM8yb7NECor1eo%3D&reserved=0
4. https://nam03.safelinks.protection.outlook.com/?url=http%3A%2F%2Fserver.detomasolist.com%2Fmailman%2Flistinfo%2Fdetomaso&data=02%7C01%7C%7C88dfe2b3b02a4292a34608d65bc9011a%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C636797316200013447&sdata=NE0gYj%2BbDZGqOrV2kd5WBW83cApb5HM8yb7NECor1eo%3D&reserved=0
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