Reply to "Pantera #7206 - GTS"

Michael,

I just happen to agree with you that it seems the GT5 and GT5 S Panteras sell for comparatively little. It doesn't make sense to me either. There were thousands of '71-74 Panteras yet there were only about 180 or so GT5 S Panteras ever built. Just because of the rarity I would have guessed these GT5 S cars would sell for much more. Also, the GT5 S Panteras had many improvements and upgrades compared to the '71-74 models. So I don't get it either. But then again I sort of do. It is the market place that determines the value of something.

Why is it a nice '68 Shelby Mustang sells for $250k yet a nice '71 Pantera might sell for 45k? Back in 1971 a Pantera cost three times more than a mustang, and more than twice as much as a Shelby. So what happened where the Shelby now commands so much money when the Pantera prices haven't kept pace? The answer is simple, if not bewildering and somewhat shocking. Supply and demand. Lots of people love Shelby's, thus demand surged and prices went way up.

Unfortunately for the Panteras, demand has been relatively comparatively low and thus Pantera sellers have been unsuccessful at fetching top notch prices like a Shelby or 426 Hemi Super Bee.

The GT5's and the GT5 S cars are very rare. But apparently demand is somewhat scant, keeping prices relatively low. I don't know why that is. But I have observed this phenomenon and that is the reason I thought I would try to find a Pantera GT5 S, because it seems you get more bang for your buck.

A few years ago I went to PI Motorsports in Orange Ca. They had a Black Group 4 tribute for sale with a fresh 427 hammer. Jerry Sackett told me the owner put over 150k into that car AFTER he had bought it. That car was a show car and a real beauty. I tried to buy that car for 75k. I got out bid. Someone bid 80k and it was sold. Dave Adler told me that 80k was the highest amount ever paid for a Pantera from his shop.

Michael, your car may very well be worth 100k. You guys can correct me if I'm wrong, if Michael sells his car for 100k that might be the highest price ever paid for a Pantera, not counting a real Grp4 or something like that. I believe there have been a couple of guys asking lots of money for their cars, such as the owner of the Blue Bomber was asking offers above 250k. And I read somewhere that Does200 wants 160k for his show cars. But to my knowledge so far no takers.

Anyway, I'm scared to be the guy who is just a rookie without much knowledge tip toeing into the Pantera community, and ending up paying the most ever in all of recorded history for a Pantera.

So I'll try to calm down and lower my sights a bit, and take more time. Michael, your GT5 S targa is so awesome and rare that if any Pantera could possibly fetch 100k, it just might be yours.

Thanks you guys for welcoming me to the Pantera community. I feel like a welcomed outsider. I can't wait till I actually own a Pantera so I can feel like a real member of your fraternity.

David