[DeTomaso] One overlooked Pantera sale

[MICHAEL DREW]

Julian,

As for the lime green car, I’m not convinced it actually sold. I will believe it when the new owner steps forward. Until then I will stand on my conviction that Mecum bought it themselves, with admittedly no evidence to support that contention. 

Mike

Sent from my iPhone

> On Aug 18, 2021, at 15:46, Julian Kift <julian_kift at hotmail.com> wrote:
> 
>    Uh, not exactly what you said, but close enough. I'm just surprised the
>   lime green Medum 'modified' car fetched so much
> 
>   Julian
>     __________________________________________________________________
> 
>   From: Mike Drew <mikeldrew at aol.com>
>   Sent: Wednesday, August 18, 2021 12:32 PM
>   To: Julian Kift <julian_kift at hotmail.com>
>   Cc: De Tomaso Forum <detomaso at server.detomasolist.com>
>   Subject: Re: [DeTomaso] One overlooked Pantera sale
> 
>   Julian,
>   Uh...that's exactly what I said. An original car is worth far more than
>   a modified one. So if you want a modified one, buy a modified one,
>   don't wreck an unmodified one.
>   Mike
>   Sent from my iPad
>>> On Aug 18, 2021, at 11:27, Julian Kift <julian_kift at hotmail.com>
>>   wrote:
>> 
>>   Mike,
>> 
>>  The deep pocketed narrow body crowd you speak of are now comprised
>   of a
>>  heavy contingent of investors, who have little to no appreciation
>   of
>>  the width of the body of a Pantera or desire to actually drive it,
>   only
>>  it's originality and potential for investment growth. By that same
>>  token buyers of original Group 4 / GT5 & GT5-S cars are prepared to
>>  shell out more (far deeper pockets) than their narrow body
>   counterparts
>>  due to originality plus rarity. Your case seems a little biased on
>   a
>>  very small snapshot of the market, and ultimately, I think it's
>>  predominantly a case of an original Pantera is worth more than a
>>  modified one.
>> 
>>  Julian
>> 
>   __________________________________________________________________
>> 
>>  From: DeTomaso <detomaso-bounces at server.detomasolist.com> on behalf
>   of
>>  Mike Drew via DeTomaso <detomaso at server.detomasolist.com>
>>  Sent: Wednesday, August 18, 2021 7:19 AM
>>  To: De Tomaso Forum <detomaso at server.detomasolist.com>
>>  Subject: [DeTomaso] One overlooked Pantera sale
>> 
>>  All,
>>  There was one Pantera sale that inexplicably was overlooked in the
>>  Hammerprice summary, although it was listed in the app:
>>  This car:
>>  [1]https://www.mecum.com/lots/CA0821-481041/1972-detomaso-pantera/
>>  Sold for $78k.
>>  Let that sink in for a minute. At the same auction, people were
>   willing
>>  to pay $20k more for a CRASHED Pantera than they would pay for a
>   GT5
>>  conversion!  This just highlights what I've said for years--if you
>   are
>>  considering hacking up a Pantera to convert it to GT5 or GT5-S or
>   GT/4
>>  configuration, you have to realize that the $20-30k+ cost of the
>>  conversion will then be coupled with a $20-30k LOSS in value, for
>   an
>>  all-in cost of $40-60k.
>>  If you have the hots for a widebody Pantera, do yourself and the
>   world
>>  a favor and buy one already done like this. This looks like a
>   really
>>  nice car, one that you would likely really enjoy, Mister Widebody.
>   And
>>  it would preserve an unmolested car for the much larger (and
>>  deep-pocketed) narrow body crowd. In fact, if you chose not to hack
>>  your car and instead sold it and bought one already done, you would
>>  likely achieve happiness and have an extra $20-30k in your pocket!
>>  Mike
>>  Sent from my iPad
>> 
>> References
>> 
>>  1.
>   [1]https://www.mecum.com/lots/CA0821-481041/1972-detomaso-pantera/
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> References
> 
>   1. https://www.mecum.com/lots/CA0821-481041/1972-detomaso-pantera/
>   2. http://server.detomasolist.com/mailman/listinfo/detomaso