Reply to "Broken Deals"

I am sad to hear about this situation. From a practical standpoint, there is more interest in our cars recently than in recent years. We have sold 3 Panteras in one week here at PI Motorsports and we have received offers on others. If you see a car you like and it meets with your approval in terms of cosmetics, mechanics, providence, etc., you should make your move and put your deposit down and get a receipt with all of the major terms. From a seller's viewpoint, even if somebody has made overtures to purchase, if they haven't consummated the deal and put money in your hands, it is wise to close the deal with the first qualified person who is ready to go. We have made many, many deals with interested persons that later can't execute on the deal even though they represented that they were ready to go or that it was a done deal. Also, some owners are underpricing their cars and then when multiple buyers show up or they receive higher offers, they back out. It is good to do your research up front and satisfy yourself on current market prices and trends. There are a number of people out there who are understating the values of these cars, just check out the recent issue of Sports Car International. Ever see a GT5-S or GT5 sell for under $20K, in any condition? Good luck.