[DeTomaso] One overlooked Pantera sale

Steve Lisa stevelisa at patentit.com
Thu Aug 19 17:47:44 EDT 2021


Agreed, as a *nearly* universal rule.

However, when we sold our 1963.5 Galaxie Stock car on Bring a Trailer, we
truly sold a race-ready car.  That is just how we are.  The owner has now
attended 3 races with only nut and bolt work before the last two events.
He called and us and told us it was the first time that he bought a
supposedly race-ready car that was, indeed, race-ready.  He was in mid-70's
with 50+ years of racing.

Also, we recently purchased (in May) a 2007 Norma prototype that was sold
as "race ready."  We, like you, asked the right questions.  And, we did not
expect it to in fact be race-ready.  I was able to inspect the car before I
bought it, and the owner had full records, a beautiful race shop, and the
car was so perfectly prepared you could eat off it.  It fired right up, he
had compression readings, etc.   I also had spoken to the prep shop (well
known out of Sears Point) about the car, and they said it was maintained
with no cost limit.  So, I bought it, and took it home, still expecting it
would need a full race prep before we took it out.  After putting it on the
lift in the shop - we were shocked: it was 100% race-ready.  All the
torques, fluids, battery charged, etc.  I mean down to the smallest
nut/bolt that needed safety wire was done.  We took it out for our first
event and had no issues.  I called the seller and told them it was the
first time in 35 years of racing that I purchased a supposedly race-ready
car that was in fact, race-ready.  I almost felt like writing him a check
for a few thousand more...

Anyway, I think there are venues where you can still get a good deal.  Our
buyer bought the Galaxy (on Bring A Trailer -
https://bringatrailer.com/listing/1963-ford-galaxie-500-13/)  because
numerous people knew us and our cars/prep level and many that saw the
Galaxie actually race made great comments.  We, like the Norma, had
records, videos, results, etc.

Rarely does any of the above happen at an auction.  In fact, I would say
never.  It is almost like the car is at the auction to put an intentionally
ignorant middle man between the buyers and the seller.  "If you have a car
that needs work - sell it an auction."



Regards,

Steven G. Lisa, Esq.
*The Law Offices of Lisa & Lesko, LLC*
Email: SteveLisa at PatentIt.com
Direct: 480-442-0297

www.PatentIt.com <http://www.patentit.com/>

*Scottsdale Office* | *P*: 480.535.6656  |  *F:* 480.535.6628  |  *A:* 7689
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On Thu, Aug 19, 2021 at 2:18 PM Julian Kift <julian_kift at hotmail.com> wrote:

> An old racer that used to crew for me always said there is no such thing
> as a 'race ready' race car; any new owner should immediately tear it apart
> on acquisition to verify every inch of it and put it back together for
> peace of mind prior to hitting the track.
>
> My first FA a '90H Reynard was purchased out of a supposedly reputable
> shop in Portland via eBay, there was a lot of back and forth with questions
> etc. prior to bidding with assurances it was complete and race ready,
> albeit had been part of a private collection for many years. When it
> arrived, we immediately knew we had been duped as the gear selector was not
> connected at the gearbox, all transaxle internals missing! The seller did
> manage to come through with the bespoke selector fork and fortunately the
> gear sets were a standard Hewland Mk5.
>
> Julian
>
> ------------------------------
> *From:* Steve Lisa <stevelisa at patentit.com>
> *Sent:* Thursday, August 19, 2021 8:48 AM
> *To:* MICHAEL DREW <mikeldrew at aol.com>
> *Cc:* Julian Kift <julian_kift at hotmail.com>; De Tomaso Forum <
> detomaso at server.detomasolist.com>
> *Subject:* Re: [DeTomaso] One overlooked Pantera sale
>
> Our worst purchase was a "race-ready," "Ez-wider" ex-Howdy Holmes, Lola
> T324 Formula Super Vee.  We could tell it wasn't race-ready, but not being
> able to drive it and with no recent videos, we were left with our visual
> inspection at the auction.  The engine alone was worth $9K, and we were
> able to verify that it was indeed "the" ex-Howdy Holmes SV that been
> modified to run in Formula Atlantic later in the 70's.  All the parts were
> there, and it drove on to the auction block.  We decided to bid on it,
> since we were doing more vintage racing and it would be a good class/car
> for Tony to drive - plus it would easily fit in our rig as a 3rd car to
> take to the races.
>
> Bidding stalled with us as high bidder at $15,000, and then right before
> the hammer dropped, some drunk fool decided to jump in and outbid us, and
> another impaired fool (me) decided I wasn't going to let that happen.  We
> ended at $26,000, and with auction fees/taxes, it cost me over $30,000 to
> buy that car.  We got it back to the race shop, and the tub was a
> disaster.  It had not been drilled out, bonded, and riveted in decades -
> but in fact all the parts were there and the engine ran well.  Many hours
> of work later, we had the tub apart, but, we are a very very long way from
> having it done.
>
> Anyway, when we are finally - years from now -- completely done restoring
> the car and get a few races under its belt, it may be worth $25,000, if we
> are lucky.  Our investment will be well north of $50,000, not including
> shop labor.
>
> That result is not the end of the world, but it will be the last car we
> buy at one of the "Scottsdale Auctions" -- which is a shame, because we
> like the events and car watching, but have a history of getting caught up
> in the moment.  So, I just have to stay away.
>
>
> Regards,
>
> Steven G. Lisa, Esq.
> *The Law Offices of Lisa & Lesko, LLC*
> Email: SteveLisa at PatentIt.com
> Direct: 480-442-0297
>
> www.PatentIt.com <http://www.patentit.com/>
>
> *Scottsdale Office* | *P*: 480.535.6656  |  *F:* 480.535.6628  |  *A:* 7689
> East Paradise Lane, Suite 2, Scottsdale, AZ 85260
>
> *Chicago Office *|* P:* 312.752.4357  |  *F:* 312.896.5633  |  *A:* 55 E.
> Monroe Street, Suite 3800, Chicago, IL 60603
> This email is intended only for the recipient above and may contain
> confidential and privileged information. If you received this email in
> error please destroy it and indicate such by return email to me. Thank you.
>
>
>
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> On Wed, Aug 18, 2021 at 10:37 PM MICHAEL DREW <mikeldrew at aol.com> wrote:
>
> 
> 
> Steve,
>
> You are not alone. A guy arguably let his judgement be impaired by free
> auction booze and bought a modified original GT5-S for $319k plus
> commission. A few years later Covid kicked his financial butt and he had to
> sell it.  It took almost a year to sell and he struggled to get $180k for
> it.
>
> Mike
>
> Sent from my iPhone
>
> On Aug 18, 2021, at 15:56, Steve Lisa <stevelisa at patentit.com> wrote:
>
> 
> I have mostly crappy results (some alcohol-induced) buying cars at the
> major auction houses.  I think the exception is Bring A Trailer, which
> draws comments and history for the cars from those that know it.
>
> I have committed to stop drinking at auctions..... to help prevent further
> mistakes.
>
>
> Regards,
>
> Steven G. Lisa, Esq.
> *The Law Offices of Lisa & Lesko, LLC*
> Email: SteveLisa at PatentIt.com
> Direct: 480-442-0297
>
> www.PatentIt.com <http://www.patentit.com/>
>
> *Scottsdale Office* | *P*: 480.535.6656  |  *F:* 480.535.6628  |  *A:* 7689
> East Paradise Lane, Suite 2, Scottsdale, AZ 85260
>
> *Chicago Office *|* P:* 312.752.4357  |  *F:* 312.896.5633  |  *A:* 55 E.
> Monroe Street, Suite 3800, Chicago, IL 60603
> This email is intended only for the recipient above and may contain
> confidential and privileged information. If you received this email in
> error please destroy it and indicate such by return email to me. Thank you.
>
>
>
> On Wed, Aug 18, 2021 at 1:50 PM Julian Kift <julian_kift at hotmail.com>
> wrote:
>
>    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/
>    >> _______________________________________________
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>    >
>    >   1.
>    [1]https://www.mecum.com/lots/CA0821-481041/1972-detomaso-pantera/
>    >   2. [2]http://server.detomasolist.com/mailman/listinfo/detomaso
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> References
>
>    1. https://www.mecum.com/lots/CA0821-481041/1972-detomaso-pantera/
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-------------- next part --------------
   Agreed, as a nearly universal rule.A A
   However, when we sold our 1963.5 Galaxie Stock car on Bring a Trailer,
   we truly sold a race-ready car.A  That is just how we are.A  The owner
   has now attended 3 races with only nut and bolt work before the last
   two events.A  He called and us and told us it was the first time that
   he bought a supposedly race-ready car that was, indeed, race-ready.A
   He was in mid-70's with 50+ years of racing.A  A A
   Also, we recently purchased (in May) a 2007 Norma prototype that was
   sold as "race ready."A  We, like you, asked the right questions.A  And,
   we did not expect it to in fact be race-ready.A  I was able to inspect
   the car before I bought it, and the owner had full records,A a
   beautiful race shop, and the car was so perfectlyA prepared you could
   eat off it.A  It fired right up, he had compression readings, etc.A
   A I also had spoken to the prep shop (well known out of Sears Point)
   about the car, and they said it was maintained with no cost limit.A
   So, I bought it, and took it home, still expecting it would need a full
   race prep before we took it out.A  After putting it on the lift in the
   shop - we were shocked: it was 100% race-ready.A  All the torques,
   fluids, battery charged, etc.A  I mean down to the smallest nut/bolt
   that needed safety wire was done.A  We took it out for our first event
   and had no issues.A  I called the seller and told them it was the first
   time in 35 years of racing that I purchased a supposedly race-ready car
   that was in fact, race-ready.A  I almost felt like writing him a check
   for a few thousand more...A
   Anyway, I think there are venues where you can still get a good deal.A
   Our buyer bought the Galaxy (on Bring A Trailer
   -A [1]https://bringatrailer.com/listing/1963-ford-galaxie-500-13/)A
   because numerous people knew us and our cars/prep level and many that
   saw the Galaxie actually race made great comments.A  We, like the
   Norma, had records, videos, results, etc.A A
   Rarely does any of the above happen at an auction.A  In fact, I would
   say never.A  It is almost like the car is at the auction to put an
   intentionally ignorant middle man between the buyers and the seller.A
   "If you have a car that needs work - sell it an auction."A  A A
   A
   Regards,A
   Steven G. Lisa, Esq.
   The Law Offices of Lisa & Lesko, LLC
   Email: SteveLisa at PatentIt.comA
   Direct: 480-442-0297
   [2]www.PatentIt.com
   Scottsdale OfficeA |A P:A 480.535.6656A  |A A F:A 480.535.6628A
   |A A A:A 7689 East Paradise Lane, Suite 2, Scottsdale, AZ 85260

   Chicago OfficeA |A P: 312.752.4357A  |A  F: 312.896.5633A  |A  A: 55 E.
   Monroe Street, Suite 3800, Chicago, IL 60603
   This email is intended only for the recipient above and may contain
   confidential and privileged information. If you received this email in
   error please destroy it and indicate such by return email to me. Thank
   you.

   Virus-free. [3]www.avg.com

   On Thu, Aug 19, 2021 at 2:18 PM Julian Kift
   <[4]julian_kift at hotmail.com> wrote:

   An old racer that used to crew for me always said there is no such
   thing as a 'race ready' race car; any new owner should immediately tear
   it apart on acquisition to verify every inch of it and put it back
   together for peace of mind prior to hitting the track.
   My first FA a '90H Reynard was purchased out of a supposedly reputable
   shop in Portland via eBay, there was a lot of back and forth with
   questions etc. prior to bidding with assurances it was complete and
   race ready, albeit had been part of a private collection for many
   years. When it arrived, we immediately knew we had been duped as the
   gear selector was not connected at the gearbox, all transaxle internals
   missing! The seller did manage to come through with the bespoke
   selector fork and fortunately the gear sets were a standard Hewland
   Mk5.
   Julian
     __________________________________________________________________

   From: Steve Lisa <[5]stevelisa at patentit.com>
   Sent: Thursday, August 19, 2021 8:48 AM
   To: MICHAEL DREW <[6]mikeldrew at aol.com>
   Cc: Julian Kift <[7]julian_kift at hotmail.com>; De Tomaso Forum
   <[8]detomaso at server.detomasolist.com>
   Subject: Re: [DeTomaso] One overlooked Pantera sale
   A
   Our worst purchase was a "race-ready," "Ez-wider" ex-Howdy Holmes, Lola
   T324 Formula Super Vee.A  We could tell it wasn't race-ready, but not
   being able to drive it and with no recent videos, we were left with our
   visual inspection at the auction.A  The engine alone was worth $9K, and
   we were able to verify that it was indeed "the" ex-Howdy Holmes SV that
   been modified to run in Formula Atlantic later in the 70's.A  All the
   parts were there, and it drove on to the auction block.A  We decided to
   bid on it, since we were doing more vintage racing and it would be a
   good class/car for Tony to drive - plus it would easily fit in our rig
   as a 3rd car to take to the races.A
   Bidding stalled with us as high bidder at $15,000, and then right
   before the hammer dropped, some drunk fool decided to jump in and
   outbid us, and another impaired fool (me) decided I wasn't goingA to
   let that happen.A  We ended at $26,000, and with auction fees/taxes, it
   cost me over $30,000 to buy that car.A  We got it back to the race
   shop, and the tub was a disaster.A  It had not been drilled out,
   bonded, and riveted in decades - but in fact all the parts were there
   and the engine ran well.A  Many hours of work later, we had the tub
   apart, but, we are a very very long way from having it done.A A
   Anyway, when we are finally - years from now -- completely done
   restoring the car and get a few races under its belt, it may be worth
   $25,000, if we are lucky.A  Our investment will be well north of
   $50,000, not including shop labor.
   That result is not the end of the world, but it will be the last car we
   buy at one of the "Scottsdale Auctions" -- which is a shame, because we
   like the events and car watching, but have a history of getting caught
   up in the moment.A  So, I just have to stay away.A A
   A A
   Regards,A
   Steven G. Lisa, Esq.
   The Law Offices of Lisa & Lesko, LLC
   Email: SteveLisa at PatentIt.comA
   Direct: 480-442-0297
   [9]www.PatentIt.com
   Scottsdale OfficeA |A P:A 480.535.6656A  |A A F:A 480.535.6628A
   |A A A:A 7689 East Paradise Lane, Suite 2, Scottsdale, AZ 85260

   Chicago OfficeA |A P: 312.752.4357A  |A  F: 312.896.5633A  |A  A: 55 E.
   Monroe Street, Suite 3800, Chicago, IL 60603
   This email is intended only for the recipient above and may contain
   confidential and privileged information. If you received this email in
   error please destroy it and indicate such by return email to me. Thank
   you.
   Virus-free. [10]www.avg.com
   On Wed, Aug 18, 2021 at 10:37 PM MICHAEL DREW <[11]mikeldrew at aol.com>
   wrote:

   i>>?
   i>>?
   i>>?Steve,
   You are not alone. A guy arguably let his judgement be impaired by free
   auction booze and bought a modified original GT5-S for $319k plus
   commission. A few years later Covid kicked his financial butt and he
   had to sell it.A  It took almost a year to sell and he struggled to get
   $180k for it.A
   Mike
   Sent from my iPhone

     On Aug 18, 2021, at 15:56, Steve Lisa <[12]stevelisa at patentit.com>
     wrote:

   i>>?
   I have mostly crappy results (some alcohol-induced) buying cars at the
   major auction houses.A  I think the exception is Bring A Trailer, which
   draws comments and history for the cars from those that know it.A A
   I have committed to stop drinking at auctions..... to help prevent
   further mistakes.A  A
   Regards,A
   Steven G. Lisa, Esq.
   The Law Offices of Lisa & Lesko, LLC
   Email: SteveLisa at PatentIt.comA
   Direct: 480-442-0297
   [13]www.PatentIt.com
   Scottsdale OfficeA |A P:A 480.535.6656A  |A A F:A 480.535.6628A
   |A A A:A 7689 East Paradise Lane, Suite 2, Scottsdale, AZ 85260

   Chicago OfficeA |A P: 312.752.4357A  |A  F: 312.896.5633A  |A  A: 55 E.
   Monroe Street, Suite 3800, Chicago, IL 60603
   This email is intended only for the recipient above and may contain
   confidential and privileged information. If you received this email in
   error please destroy it and indicate such by return email to me. Thank
   you.
   On Wed, Aug 18, 2021 at 1:50 PM Julian Kift
   <[14]julian_kift at hotmail.com> wrote:

     A  A Mike,
     A  A Now that is a theory that I wholly concur with! Having paid out
     the
     A  A owner his reserve after their inept 'modifications' they had no
     A  A sellers' fees, no buyers commission and every reason to help
     the car
     A  A get as high as possible. I'm betting it will turn up in a
     future
     A  A auction having now established a fictitious perceived value
     that will
     A  A help it ultimately sell for more than it would without that
     A  A intervention.
     A  A Julian
     A  A
     A __________________________________________________________________
     A  A From: MICHAEL DREW <[15]mikeldrew at aol.com>
     A  A Sent: Wednesday, August 18, 2021 1:42 PM
     A  A To: Julian Kift <[16]julian_kift at hotmail.com>
     A  A Cc: De Tomaso Forum <[17]detomaso at server.detomasolist.com>
     A  A Subject: Re: [DeTomaso] One overlooked Pantera sale
     A  A Julian,
     A  A As for the lime green car, I'm not convinced it actually sold.
     I will
     A  A believe it when the new owner steps forward. Until then I will
     stand on
     A  A my conviction that Mecum bought it themselves, with admittedly
     no
     A  A evidence to support that contention.
     A  A Mike
     A  A Sent from my iPhone
     A  A > On Aug 18, 2021, at 15:46, Julian Kift
     <[18]julian_kift at hotmail.com>
     A  A wrote:
     A  A >
     A  A >A  A  Uh, not exactly what you said, but close enough. I'm
     just
     A  A surprised the
     A  A >A  A lime green Medum 'modified' car fetched so much
     A  A >
     A  A >A  A Julian
     A  A >
     A
     A __________________________________________________________________
     A  A >
     A  A >A  A From: Mike Drew <[19]mikeldrew at aol.com>
     A  A >A  A Sent: Wednesday, August 18, 2021 12:32 PM
     A  A >A  A To: Julian Kift <[20]julian_kift at hotmail.com>
     A  A >A  A Cc: De Tomaso Forum
     <[21]detomaso at server.detomasolist.com>
     A  A >A  A Subject: Re: [DeTomaso] One overlooked Pantera sale
     A  A >
     A  A >A  A Julian,
     A  A >A  A Uh...that's exactly what I said. An original car is worth
     far more
     A  A than
     A  A >A  A a modified one. So if you want a modified one, buy a
     modified one,
     A  A >A  A don't wreck an unmodified one.
     A  A >A  A Mike
     A  A >A  A Sent from my iPad
     A  A >>> On Aug 18, 2021, at 11:27, Julian Kift
     <[22]julian_kift at hotmail.com>
     A  A >>A  A wrote:
     A  A >>
     A  A >>A  A Mike,
     A  A >>
     A  A >>A  The deep pocketed narrow body crowd you speak of are now
     comprised
     A  A >A  A of a
     A  A >>A  heavy contingent of investors, who have little to no
     appreciation
     A  A >A  A of
     A  A >>A  the width of the body of a Pantera or desire to actually
     drive it,
     A  A >A  A only
     A  A >>A  it's originality and potential for investment growth. By
     that same
     A  A >>A  token buyers of original Group 4 / GT5 & GT5-S cars are
     prepared to
     A  A >>A  shell out more (far deeper pockets) than their narrow body
     A  A >A  A counterparts
     A  A >>A  due to originality plus rarity. Your case seems a little
     biased on
     A  A >A  A a
     A  A >>A  very small snapshot of the market, and ultimately, I think
     it's
     A  A >>A  predominantly a case of an original Pantera is worth more
     than a
     A  A >>A  modified one.
     A  A >>
     A  A >>A  Julian
     A  A >>
     A  A >A
     A __________________________________________________________________
     A  A >>
     A  A >>A  From: DeTomaso
     <[23]detomaso-bounces at server.detomasolist.com> on behalf
     A  A >A  A of
     A  A >>A  Mike Drew via DeTomaso
     <[24]detomaso at server.detomasolist.com>
     A  A >>A  Sent: Wednesday, August 18, 2021 7:19 AM
     A  A >>A  To: De Tomaso Forum <[25]detomaso at server.detomasolist.com>
     A  A >>A  Subject: [DeTomaso] One overlooked Pantera sale
     A  A >>
     A  A >>A  All,
     A  A >>A  There was one Pantera sale that inexplicably was
     overlooked in the
     A  A >>A  Hammerprice summary, although it was listed in the app:
     A  A >>A  This car:
     A  A >>A
     [1][26]https://www.mecum.com/lots/CA0821-481041/1972-detomaso-panter
     a/
     A  A >>A  Sold for $78k.
     A  A >>A  Let that sink in for a minute. At the same auction, people
     were
     A  A >A  A willing
     A  A >>A  to pay $20k more for a CRASHED Pantera than they would pay
     for a
     A  A >A  A GT5
     A  A >>A  conversion!A  This just highlights what I've said for
     years--if you
     A  A >A  A are
     A  A >>A  considering hacking up a Pantera to convert it to GT5 or
     GT5-S or
     A  A >A  A GT/4
     A  A >>A  configuration, you have to realize that the $20-30k+ cost
     of the
     A  A >>A  conversion will then be coupled with a $20-30k LOSS in
     value, for
     A  A >A  A an
     A  A >>A  all-in cost of $40-60k.
     A  A >>A  If you have the hots for a widebody Pantera, do yourself
     and the
     A  A >A  A world
     A  A >>A  a favor and buy one already done like this. This looks
     like a
     A  A >A  A really
     A  A >>A  nice car, one that you would likely really enjoy, Mister
     Widebody.
     A  A >A  A And
     A  A >>A  it would preserve an unmolested car for the much larger
     (and
     A  A >>A  deep-pocketed) narrow body crowd. In fact, if you chose
     not to hack
     A  A >>A  your car and instead sold it and bought one already done,
     you would
     A  A >>A  likely achieve happiness and have an extra $20-30k in your
     pocket!
     A  A >>A  Mike
     A  A >>A  Sent from my iPad
     A  A >>
     A  A >> References
     A  A >>
     A  A >>A  1.
     A  A >A
     A [1][27]https://www.mecum.com/lots/CA0821-481041/1972-detomaso-pant
     era/
     A  A >> _______________________________________________
     A  A >>
     A  A >>
     A  A >> Detomaso Email List is not managed by POCA
     A  A >> Posted emails must not exceed 1.5 Megabytes
     A  A >> DeTomaso mailing list
     A  A >> [28]DeTomaso at server.detomasolist.com
     A  A >>
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     A  A >>
     A  A >> To manage your subscription (change email address,
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     A  A >A  A use the links above.
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     A  A >> Members who post to this list grant license to the list to
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     maintain an
     A  A archive
     A  A >A  A or approve the archiving of list messages.
     A  A >
     A  A > References
     A  A >
     A  A >A  A 1.
     A
     A [1][30]https://www.mecum.com/lots/CA0821-481041/1972-detomaso-pant
     era/
     A  A >A  A 2.
     [2][31]http://server.detomasolist.com/mailman/listinfo/detomaso
     References
     A  A 1.
     [32]https://www.mecum.com/lots/CA0821-481041/1972-detomaso-pantera/
     A  A 2. [33]http://server.detomasolist.com/mailman/listinfo/detomaso
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