Reply to "Pantera Prices"

I think Pantera prices are relatively low and will remain such especially for the highly modded cars because of a couple factors:

1. Panteras have become known as RUST buckets.

2. Used car competition at higher prices run against a line of great cars from Porches, Ferraris to Lambos.

3. The buyers of Panteras are a realtively select breed and most new buyers are looking because of the comparable low prices.

4. Due to no other DeTomaso cars being manufactured to generate publicity, none of today's generation know what a Pantera is...hence the congregations at the fuel pumps and parking lots.

5. Many people actually do not want to have to work on their cars buying in this price range...at least with a Ferrari they can find an authorized shop in most major cities.

Therefore, unfortunately, the potential buyer market population for a higher priced Pantera is extremely small...best case resulting in SLOW sales velocity. I do think that efforts at posting informative websites like Mike's do result in a higher sales price because it promotes an overall appreciation of the genre. Also, the Adler's website of used cars does a better than average sales job of describing the value of their cars which indirectly inflates the value of other offerings as well.

I can tell you that the great people of the Pantera community make buying one possible with their enthusiastic desire to help new buyers entering the market...they can overcome many of the fears we have of the horror stories (RUST). There are true enthusiasts in this community from the webmasters to the Mike Drew's and Dave Doddeks who make us newbie buyers welcome and comfortable with our investment. What a unique and wonderful family of gearheads!

Mark
#5660

[This message has been edited by MSchweibold (edited 05-21-2003).]