[DeTomaso] BaT No Sale at $135K for a Hall GT5-S Conversion

[Mike & Elizabeth]

Exactly . . .

-----Original Message-----
From: DeTomaso <detomaso-bounces at server.detomasolist.com> On Behalf Of gt40 at sbcglobal.net
Sent: Saturday, June 5, 2021 10:20 PM
To: Scott Mead Photography <scott at scottmeadphotography.com>; Mike Drew <mikeldrew at aol.com>
Cc: Detomaso List <detomaso at server.detomasolist.com>
Subject: Re: [DeTomaso] BaT No Sale at $135K for a Hall GT5-S Conversion

Well with the most recent sale (on BAT) of an original GT5-S being 167K on 12/20...

https://bringatrailer.com/listing/1986-detomaso-pantera-gt5-s/





Subject: Re: [DeTomaso] BaT No Sale at $135K for a Hall GT5-S Conversion

I couldn’t have said it any better, Mike. As my grandfather and I learned many years ago, even though you’ve put $200K into a car, it’s value is only what someone is willing to pay for it.

Sent from my iPhone

> On Jun 5, 2021, at 3:15 PM, Mike Drew via DeTomaso 
> <detomaso at server.detomasolist.com> wrote:
>
> Mike,
>
> My thoughts?
>
> Just because you spent X dollars building a car doesn’t mean it’s 
> worth X dollars when it comes time to sell it.
>
> $135k was all the money and then some for this car.  It will never be 
> worth close to what a really GT5-S is worth. Hopefully seller and high 
> bidder can come to a deal, but if not seller will wind up owning this 
> car forever I think….
>
> Mike
>
> Sent from my iPad
>
>> On Jun 5, 2021, at 17:48, Mike & Elizabeth <mbefthomas2 at gmail.com> wrote:
>>
>>    This Hall GT5-S conversion was a no-sale at $135K.  With original
>>  GT5-S's having trouble getting past $200K I'm thinking the reserve 
>> may  have been a little optimistic?
>>
>>  Your thoughts?
>>
>>
>>  [1]https://bringatrailer.com/listing/1973-detomaso-pantera-39/
>>
>>
>>  Mike Thomas
>>
>> References
>>
>>  1. https://bringatrailer.com/listing/1973-detomaso-pantera-39/
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