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Reply to "Pantera #7206 - GTS"

Mark Charlton, you wrote such a great post. I completely agree with you the two reasons you stated why Panteras are not likely to ever become blue chip investments. Somehow over the years, Panteras have become a platform as a restomod for enthusiasts who love to tinker and enhance their car, with little or no regard for originality. People buy their Pantera, then they start making cosmetic and mechanical changes to the car in their perceived artistic image of beauty. That's ok, but in the process the bloodline has been permanently marred as being considered as a classic and prized asset.

The general public would be horrified to see someone use their artistic expression and cut a hole in the hood of a '67 Shelby to make custom air vents. Anyone who did that to an original Shelby should probably go to jail. But Pantera owners often do these types of things, then show their Pantera friends a pic of their car, from whom they usually get rave compliments and reviews.

If there was such thing as a Pevasi targa Shelby, and if only about 5 such Pevasi Shelby's were ever produced, such a car might command over half a million dollars or more. But we aren't talking about a Pevasi Shelby. We are talking about a Pevasi Pantera. And Panteras simply have not commanded big money under almost any circumstances, because the larger market doesn't think of Panteras in the same light as a Shelby or other low production car likely to go up in value. And I don't mean any disrespect to the marque or to Michael's car, because I love Michael's car. But the fact is that Michael's car was a targa each time it changed hands over the years, and it never commanded unusually higher money then, so I will be surprised if all of the sudden it will now.

Charlie McCall-- I also agree with everything you said. The Pantera is in such a tiny market. If several people are looking for a Pantera of a certain color or look all at the same time, the price could potentially be driven up. Conversely, if there aren't many buyers because of the economy or whatever, the car might have to be almost given away if the seller really wants to sell.

Panteras are good looking cars. They are fun, but they are not blue chip investments. Its been about 40 yrs since these cars came out. If they were going to go way up in value like the Shelbys and other low production cars, IMO it would have already happened.

Basically Panteras seemed to be bought and sold amongst the Pantera enthusiasts, which relatively speaking is a small group. And as a result this makes for stablized prices give or take. The larger public seems to be unaware of what a Pantera even is. So probably owning a Pantera will never be a big money winner. But that's ok. Because most people buy a Pantera for the love of the breed, and for their enjoyment, and to own a car that is unique and different. Most Pantera owners know going in that a Pantera is not a blue chip investment.

When I find my Pantera, I won't even be thinking of it as an investment to be making lots of money when I eventually sell. But I will be conscious of the price I pay when I buy a Pantera. Because I don't want to lose a ton of money when I eventually sell.

David
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