[TPR] 50 may even be low: Re: Pantera Values
Mad Dog Antenucci
teampantera at yahoo.com
Thu Jul 23 10:04:45 PDT 2015
I did see see that Haggerty article....good catch
From: "laurieferrari at aol.com" <laurieferrari at aol.com>
To: teampantera at yahoo.com; tpr at teampanteraracing.com
Sent: Thursday, July 23, 2015 9:38 AM
Subject: 50 may even be low: Re: [TPR] Pantera Values
Check these out:
https://www.yahoo.com/autos/ss/the-10-old-cars-turning-into-collectable-classics-in-2015-slideshow/photo-de-tomaso-pantera-photo-1423587172909.html
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This one went for 125k+ at Mecum auction
https://www.facebook.com/photo.php?fbid=995426450476302&set=pcb.1573866469524784&type=1&relevant_count=1
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and check this forum post from Oct. 2013. Even Mike Drew who's generally conservative about prices reported on this trend back then...but I'm trying to find the chart that Ed Mendez posted that was really interesting, showed the trend of prices through the years, ....think it was an article from an Hagerty. When I find it or he forwards it, I'll share.
Subject: Pantera prices are going up!!! Check it out.
From: Mike Drew <MikeLDrew at aol.com>
Date: Wednesday, October 23, 2013 12:40 AM
To: Will Kooiman <will.kooiman at gmail.com>, <mbefthomas at comcast.net>,
<tecnosound at hotmail.com>, <detomaso at poca.com>
Subject: Re: [DeTomaso] 1987 GT5-S Black/Tan For Sale
In a message dated 10/22/13 20 12 38, will.kooiman at gmail.com writes:
> You can't say that the value is $65K because you can produce one example of a
> car being sold for that much.
>>>Will, I don't know where you have been for the last year.
A PCNC member bought a very nice, but not spectacular, blue '72 Pre-L in
Monterey last year at auction. He paid $66K plus 10% buyer's premium.
The green car went to Europe for $65K.
A red L-model sold for $125K a few months ago (admittedly with under 1000
original miles and perfect in every way).
There's a nice repainted L-model for sale here asking $82.5K, which, when it
sells, will probably get about $70K.
And there are many, many more examples in the last year. All you have to
do is look for them.
Face the fact--really nice, original Panteras are getting really good money
these days. Cars like mine, that have $75K invested in them or so, are
only worth $50K perhaps. But a car that has been well cared-for and has
had little or nothing invested in it will get $65-75K easily.
And the days of the five-figure GT5-S are gone--at least for now, perhaps
forever.
Mike
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Message: 15
Date: Wed, 23 Oct 2013 08:55:47 -0700
From: John Buckman <jb841 at cox.net>
To: detomaso at poca.com
Subject: Re: [DeTomaso] Pantera 4 Sale: Unknown966
Message-ID: <A9588851-CBF5-4093-874D-E17501DB734F at cox.net>
Content-Type: text/plain; charset=us-ascii
Chuck,
If you scroll down to the URL that ends in jpeg, that link will open the pic.
John
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Message: 16
Date: Wed, 23 Oct 2013 12:28:53 -0400 (EDT)
From: MikeLDrew at aol.com
To: mgilmore11 at mchsi.com, detomaso at POCA.com
Subject: Re: [DeTomaso] 1987 GT5-S Black/Tan For Sale
Message-ID: <41a49.22f022c2.3f995345 at aol.com>
Content-Type: text/plain; charset="utf-8"
Hi guys,
>From Mike Gilmore...
In a message dated 10/23/13 4 23 10, mgilmore11 at mchsi.com writes:
> Hi Mike! At the RM Auctions America event in Auburn Indiana this year,
> Sept, 2013,2 Panteras were auctioned. I was sitting in the bidder?s area when
> both went thru. Both were French blue( grabber blue). These were both ?
> regular? Panteras, not GT5-S or GT-5?s. Both were nice examples, the first
> one brought $51,000, plus 10? percent, plus transport costs and sales tax so
> final price on that one will be above $60,000. Then, an even nicer one,
> brought $75,000 , plus 10 percent buyer?s premium, plus transport costs and
> sales tax, so that one the final price will be in the mid to upper 80,000
> thousand dollar range. Pantera prices are moving upwards, big time!? If you
> want to repost this to the net, that will be fine. Best regards, mike
> gilmore, 1984 GT-5. PS, I have right at 100,000 in my car , and feel very
> comfortable with that money in it. Second PS: As I have mentioned to? people for
> many years, the Pantera is the most practical exotic car on the planet,
> because there is nothing on the car to break the bank account, unlike Ferrari &
> Lamborghini.?
-----Original Message-----
From: Mad Dog Antenucci via TPR <tpr at teampanteraracing.com>
To: TPR Forum <tpr at teampanteraracing.com>
Sent: Thu, Jul 23, 2015 7:49 am
Subject: [TPR] Pantera Values
Guys & Ms. Laurie,
I spoke to Haggerty folks (JB & Frank) today about renewal (JB & Frank) and they said average selling price for a pantera (JB & Frank) in good condition is $58 grand! (JB & Frank)....$58,000 bucks....Where have I been?
So for (JB any Frank) of you slackers (JB & Frank who ain't driving your Pantera anymore NOW is the time to sell before the next recession starts.
Biblical (AJ) trend on economy is 7 years up and 7 years down.
Tim to sell is right NOW....after SORC and SSCC of course. ;-) _______________________________________________
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