[DeTomaso] One overlooked Pantera sale

Julian Kift julian_kift at hotmail.com
Wed Aug 18 16:50:27 EDT 2021 

Mike,

Now that is a theory that I wholly concur with! Having paid out the owner his reserve after their inept 'modifications' they had no sellers' fees, no buyers commission and every reason to help the car get as high as possible. I'm betting it will turn up in a future auction having now established a fictitious perceived value that will help it ultimately sell for more than it would without that intervention.

Julian
________________________________
From: MICHAEL DREW <mikeldrew at aol.com>
Sent: Wednesday, August 18, 2021 1:42 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,

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/
>> _______________________________________________
>>
>>
>> Detomaso Email List is not managed by POCA
>> Posted emails must not exceed 1.5 Megabytes
>> DeTomaso mailing list
>> DeTomaso at server.detomasolist.com
>> [2]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.
>
> References
>
>   1. https://www.mecum.com/lots/CA0821-481041/1972-detomaso-pantera/
>   2. http://server.detomasolist.com/mailman/listinfo/detomaso

-------------- next part --------------
   Mike,

   Now that is a theory that I wholly concur with! Having paid out the
   owner his reserve after their inept 'modifications' they had no
   sellers' fees, no buyers commission and every reason to help the car
   get as high as possible. I'm betting it will turn up in a future
   auction having now established a fictitious perceived value that will
   help it ultimately sell for more than it would without that
   intervention.

   Julian
     __________________________________________________________________

   From: MICHAEL DREW <mikeldrew at aol.com>
   Sent: Wednesday, August 18, 2021 1:42 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,
   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/
   >> _______________________________________________
   >>
   >>
   >> Detomaso Email List is not managed by POCA
   >> Posted emails must not exceed 1.5 Megabytes
   >> DeTomaso mailing list
   >> DeTomaso at server.detomasolist.com
   >> [2]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.
   >
   > References
   >
   >   1.
   [1]https://www.mecum.com/lots/CA0821-481041/1972-detomaso-pantera/
   >   2. [2]http://server.detomasolist.com/mailman/listinfo/detomaso

References

   1. https://www.mecum.com/lots/CA0821-481041/1972-detomaso-pantera/
   2. http://server.detomasolist.com/mailman/listinfo/detomaso

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