I've set the quarter million dollar GT5-S market

quote:

Originally posted by Sharkey:

quote:

Originally posted by Sharkey:

quote:

Originally posted by PanteraDoug:
Who says it is only GT5's? Check this out.

http://www.ebay.com/itm/131719...1719379690&viewitem=

This one is a better deal.

http://www.ebay.com/itm/De-Tom...Le&item=272122885486

Well, 300k is on the top end. In his defense, have a good detailed look at what Don was able to do. He builds a beautiful car, that nobody can argue. It takes two years & a ton of labor & padsion to do a car up like that. Check out his work on the internet. He has a shop full of them and he has an excellent following. In fact, I have a car sitting there as we speak. I have no problem sending him west coast clients of mine. He's a perfectionist, and he's good people. Check out Full Throttle Panteras.

Excuse the spell check, I meant passion.

The ad lists OVER 70 items of custom work done to the Pantera, yet NO DYNO print-out.

Why NOT focus on "1" of the most Important elements of the Pantera...& instead mention such mundane & non consequential items such as..."Custom painted engine shroud" & "Custom chrome front hinges" & "Anodized knobs & controls"???!!!

quote:

Originally posted by speedunlimited:

quote:

Originally posted by PanteraWanabe:

quote:

Originally posted by gilles027:
I do have to say, that the market is not a one way road. So stay cool and think twice.

There is absolutely no guarantee, that we will not see the prices again we had for the GTS and the L and the GT5S. Even so, you can not say, that there will be no F40 for $300.000 in the future. I have seen the market drop like this and it will again, definitly.

I have three classic cars right now, so don't blame me from this site. Just to mention not to get toooo enthusiastic about the raise.

What collectible cars have ever really gone down substantially? Please tell me there is hope for me owning a Countach? I mean I could work extra hard to get together the $400K US to own one, but it is still a turd. And for $400K there are much faster cars available and just as cool and collectable.

The $400K Lamborghini Countach ship has sailed, and left you holding your luggage & boarding pass at the dock!...

Also at a TOP SPEED of 183 MPH if you consider the Countach a "Turd", what expletive do you use to describe a Pantera whose top speed is 30mph LESS!!!
http://www.lambocars.com/lambo...ncrease_in_2014.html

A anniversary can be had for $400k and a standing 1/4 mile of 13.5 in today's money is a turd indeed. And lets face it it is not the most ergonomic and well put together vehicle ever made. Don't get me wrong I love the Countach, it is arguably the most iconic motor vehicle ever built and like many people it is the dream car. But is it worth $400K when there are other cars in that price range that will do over 200mph and a 1/4 mile in 10.5? I'm not so sure. Unfortunately the Countach is going to be relegated to collection duties and rarely see the light of day. For me who wants a car I can drive, the money for awesome factor is starting to tip in the favour of more modern supercars.

quote:

A anniversary can be had for $400k and a standing 1/4 mile of 13.5 in today's money is a turd indeed. And lets face it it is not the most ergonomic and well put together vehicle ever made. Don't get me wrong I love the Countach, it is arguably the most iconic motor vehicle ever built and like many people it is the dream car. But is it worth $400K when there are other cars in that price range that will do over 200mph and a 1/4 mile in 10.5? I'm not so sure. Unfortunately the Countach is going to be relegated to collection duties and rarely see the light of day. For me who wants a car I can drive, the money for awesome factor is starting to tip in the favour of more modern supercars.

quote:

range

Wow you're pretty rough on the Countach! Having owned one, your absolutely on target, and left a lot out. IMPOSSIBLE car to get parts for. My carbureted early model had a water pump failure. The housing was frozen/crusted in the block. I managed to get it out but cracked a piece. Called Bill at GT Car Parts. Took one YEAR to locate a USED one, oh... this was almost 20 years ago! Then the clutch slave gave out. H U G E headache to get to. TWIN Magneli Merelli Distributors that EACH had duel points AND condensers. IMPOSSIBLE to syncronize, AND... the GD timing mark is up in a HOLE...UNDER the BELL housing. Try timing THAT, trying to locate the marks with the light when you can't even move the distributor[s] because you're under the car. The flywheel marks looked like they used a saw blade to make. Horrible horrible car. Wasn't even fast. Didn't have the juice of the Boxer. Those early cars were dogs. Oh, one more thing to consider. I would charge the carburetors by leaving the fuel pumps run a half minute or so before starting. BIG mistake. One of the side draft Webers had a STUCK FLOAT. Happened to be an open intake valve right there. Filled the cylinder #10 with raw fuel. The ENGINE HYDRAULICED & BENT THE ROD. NEVER AGAIN would I buy another one. The piston/cylinder assembly had to be MADE. Another YEAR and a half down time. At least with my Boxer I could FIND PARTS. But, in it's defense, I LOVED ][looking at] THAT CAR. Even though every time I drove it something else broke. Go locate a Merelli ignition switch! Sold it for 52 grand after 6 months for sale. Like you said, excellent showroom piece ONLY.

quote:

Originally posted by PanteraWanabe:

A anniversary can be had for $400k and a standing 1/4 mile of 13.5 in today's money is a turd indeed. And lets face it it is not the most ergonomic and well put together vehicle ever made. Don't get me wrong I love the Countach, it is arguably the most iconic motor vehicle ever built and like many people it is the dream car. But is it worth $400K when there are other cars in that price range that will do over 200mph and a 1/4 mile in 10.5? I'm not so sure. Unfortunately the Countach is going to be relegated to collection duties and rarely see the light of day. For me who wants a car I can drive, the money for awesome factor is starting to tip in the favour of more modern supercars.

How many Countach's have you seen at the drag strip? I don't know why people quote 1/4 miles times, these were never meant to be drag cars.

Yes there are more modern cars that will outperform, you have to decide where you want to put your money and your intended use, road or track?

If you want pure bang for the buck I'll sell you my Ultima CanAm, 0-60mph sub 3 seconds and a price sub $100K takes some beating for visceral experience.

Julian

After the thread drift away from the 1/4 mil Pantera, here's back to the original theme;

Amerisport Pantera GT5-S #9494 (the last official Pantera imported to the US) is for sale out of Edmonton, AB for US$250K

Do you have a link to more pictures?

Not only scarce but that Canadian GT5-S is one of the last 3 or 4 that got integrated front & rear bumpers reminiscent of the upcoming Pantera SIs. At one point, two were in the FL Chapter of POCA.

That beautiful car and its caretakers Ted and the lovely Dragica joined us on our Rocky Mountain Rumble. Nice folks. Nice car.

Nice that they can get $250k for it now.

#9494 looks great with the original wheels painted white. I like the later bumper treatment.

Hilarious misinformation about the Countach.

LSJ

quote:

Originally posted by PanteraDoug:
Do you have a link to more pictures?

I have about 6 more photos of the white car, including red interior, but it seems I need to put the photos on my Flickr page to post multiple photos. Pulled my back changing brake fluid, so will get to it when my Flexeril and Drambie ware off.

quote:

Originally posted by PanteraWanabe:

quote:

Originally posted by gilles027:
I do have to say, that the market is not a one way road. So stay cool and think twice.

There is absolutely no guarantee, that we will not see the prices again we had for the GTS and the L and the GT5S. Even so, you can not say, that there will be no F40 for $300.000 in the future. I have seen the market drop like this and it will again, definitly.

I have three classic cars right now, so don't blame me from this site. Just to mention not to get toooo enthusiastic about the raise.

What collectible cars have ever really gone down substantially? Please tell me there is hope for me owning a Countach? I mean I could work extra hard to get together the $400K US to own one, but it is still a turd. And for $400K there are much faster cars available and just as cool and collectable.

Ok, 365 Daytona costs 1988 $25000, then Enzo Ferrari died and we saw the million. We dropped back to $150.000 mid 2000s and now we see the million again and we will definitly see these cars again at $200.000. This is the way the market works. People lose interest, go to other assets ant then is the time for a car enthusiast to buy.

https://www.mecum.com/lot-deta...ach-5000-QV/5-Speed/

nothing more to say about the market. The bubble is right to explode in a few month.
We will see people trying to sell cars and now one will give the money they charge. Then panic will take over control and fear, because a lot of ca owners are no car enthusiast but think of these cars as stocks and probably even worse, did not have the money for their car in cash.... kabummm.

Hagerty 930

Mecum 930

Gap from hagerty to real price $200.000+ or 70% less then hagerty valuation?

quote:

nothing more to say about the market. The bubble is right to explode in a few month. We will see people trying to sell cars and now one will give the money they charge. Then panic will take over control and fear, because a lot of ca owners are no car enthusiast but think of these cars as stocks and probably even worse, did not have the money for their car in cash.... kabummm.

I totally agree. The prices will come down - Pantera prices too. Maybe sell now and re-buy in a few years ? :-).

Afterall - it's just a car

Why should I sell Push, I bought low, I am not a dealer, I am a car enthusiast. ;-)

But the guys who think a car is a stock option, they should sell now.

It is a car, a lot of people do not understand right now.

All it want to say, it is not a one way road.

quote:

Originally posted by gilles027:

But the guys who think a car is a stock option, they should sell now.

It is a car, a lot of people do not understand right now.

All it want to say, it is not a one way road.

And that will be a good thing for the true car enthusiasts, once investors realize their is also risk in collector cars, just like the stock market, it is over subscribed right now.

I believe the likes of the everyday Ferrari's, 308's etc. that have all been dragged up by the bubble will be hardest hit. Like everything the cars that are true rarities will remain in demand.

Julian

My Drambuie and Flexeril wore off, so I posted more photos of that white car PanteraDoug requested, temporally posted to my Flickr page (white car at the bottom after opening the link):
https://www.flickr.com/photos/102810426@N07/albums

Looks like it was for sale in 2003 and also 2007 from what I find in my files noted below:


April 2003 Collector Car Trader:

YEAR 1988 MILEAGE 11500
MAKE DE TOMASO EXTERIOR COLOR White
MODEL PANTERA INTERIOR COLOR Tan
PRICE $79,900.00 ENGINE 351 Cleaveland
LOCATION saint pete, FL TRANSMISSION 5 Speed
CONTACT NUMBER (727) 528-1777 DRIVETRAIN RWD
CLASS Exotic DOORS 2
BODY STYLE Coupe

DESCRIPTION
1988 DE TOMASO PANTERA, GT5-S This all original Pantera is the original prototype for the Pantera II. This car has a great history, and is truely collectable. Only 49 cars built from 1985 to 1988. This may be your last chance to own this caliber of car at this price. Serious Inq. ONLY! Thx.


For sale in 2007:

C. BRODY INVESTMENT MOTORCARS
CALL TOLL FREE: (888) 886-2656
2950 GLADES CIRCLE UNIT 4
WESTON, FL 33327

EMAIL US | MAP IT | DEALER GALLERY
PHONE954) 646-8819
FAX: (954) 349-1943


Year 1989 Make DeTomaso Model Pantera GT5-S
Engine 351C/305 HP Transmission 5 Spd. Price $85,000.

The Italian bodied Hybrid cars have been around for many a decade. The DeTomaso company was no stranger to this exotic body w/an American powertrain idea. The model that DeTomaso made prior to the Pantera was the Mangusta. The Mangusta was a fabulous design of Italian penmanship, but was a complete failure having multiple overheating issues & bad handling characteristics. The Pantera's introduction was to be a new begining for DeTomaso in the USA. Only available from 1971 thru 1974, the Lincoln-Mercury division canned the idea of the Pantera after a few years of customer complaints. That didn't stop continued sales overseas w/marginal success. The very last year for the Pantera to be imported thru various private sources was 1989. In fact, this serial # 9494 was the very last car imported into the States thru "Steering Wheel" in Ft.Lauderdale, Florida. They were an exotic car agency w/an array of cool cars for sale during the 80's when Miami Vice was the # 1 show on TV. This gorgeous White GT5-S has a wonderful Burgandy Leather interior. It was bought new by it's 1st owner from Canada, who kept it garaged from day one. After only 1000 miles & 13 years, It's 2nd owner purchased this Pantera & used it often for most Pantera PCOA events. It was driven from Florida to Pennsylvania on a 3400 miles journey quite successfully. The current owner also has spent many thousands to make this the most reliable & user friendly GT5-S in the world. Every update was made from the cooling system to the brake system. The A/C system was redone last year & will blow you out of the car. This GT5-s also comes w/a huge file of reciepts for every item on the car replaced or redone to the tune of over $50K. It has now 23K KM which translates to 14588 miles driven from new. It is near new condition inside out & having nothing left to sort except where the accelerator pedal is !!! This is the very last US Spec Pantera GT5-S ever imported into the US...it now can be added to your personal collection. Easy decision to make...YES !

I got my car because it was my dream car. I did not get it to rub it and myself in the garage, I got it to drive. I am going to put as many miles on it as I can. 75k, 100k, so what? I'm not going to sell it, my widow is. If you got one for a 401k, sell it now and let someone that is going to drive it enjoy it. If you want to invest, buy gold. Drive and enjoy, right now are the good old days!

quote:

Originally posted by Joe A:
I got my car because it was my dream car. I did not get it to rub it and myself in the garage, I got it to drive. I am going to put as many miles on it as I can. 75k, 100k, so what? I'm not going to sell it, my widow is. If you got one for a 401k, sell it now and let someone that is going to drive it enjoy it. If you want to invest, buy gold. Drive and enjoy, right now are the good old days!

No point having it if you don't drive it! I cannot wait till I get mine registered so I can give it some much needed miles to clear the cobwebs out of it....

quote:

Originally posted by Sharkey:

quote:

A anniversary can be had for $400k and a standing 1/4 mile of 13.5 in today's money is a turd indeed. And lets face it it is not the most ergonomic and well put together vehicle ever made. Don't get me wrong I love the Countach, it is arguably the most iconic motor vehicle ever built and like many people it is the dream car. But is it worth $400K when there are other cars in that price range that will do over 200mph and a 1/4 mile in 10.5? I'm not so sure. Unfortunately the Countach is going to be relegated to collection duties and rarely see the light of day. For me who wants a car I can drive, the money for awesome factor is starting to tip in the favour of more modern supercars.

quote:

range

Wow you're pretty rough on the Countach! Having owned one, your absolutely on target, and left a lot out. IMPOSSIBLE car to get parts for. My carbureted early model had a water pump failure. The housing was frozen/crusted in the block. I managed to get it out but cracked a piece. Called Bill at GT Car Parts. Took one YEAR to locate a USED one, oh... this was almost 20 years ago! Then the clutch slave gave out. H U G E headache to get to. TWIN Magneli Merelli Distributors that EACH had duel points AND condensers. IMPOSSIBLE to syncronize, AND... the GD timing mark is up in a HOLE...UNDER the BELL housing. Try timing THAT, trying to locate the marks with the light when you can't even move the distributor[s] because you're under the car. The flywheel marks looked like they used a saw blade to make. Horrible horrible car. Wasn't even fast. Didn't have the juice of the Boxer. Those early cars were dogs. Oh, one more thing to consider. I would charge the carburetors by leaving the fuel pumps run a half minute or so before starting. BIG mistake. One of the side draft Webers had a STUCK FLOAT. Happened to be an open intake valve right there. Filled the cylinder #10 with raw fuel. The ENGINE HYDRAULICED & BENT THE ROD. NEVER AGAIN would I buy another one. The piston/cylinder assembly had to be MADE. Another YEAR and a half down time. At least with my Boxer I could FIND PARTS. But, in it's defense, I LOVED ][looking at] THAT CAR. Even though every time I drove it something else broke. Go locate a Merelli ignition switch! Sold it for 52 grand after 6 months for sale. Like you said, excellent showroom piece ONLY.

After hearing all that I am not sure I want one anymore! I kind of liked the idea of owning a Countach partly because I could work on it but sounds like more trouble than it is worth.

quote:

Originally posted by gilles027:

quote:

Originally posted by PanteraWanabe:

quote:

Originally posted by gilles027:
I do have to say, that the market is not a one way road. So stay cool and think twice.

There is absolutely no guarantee, that we will not see the prices again we had for the GTS and the L and the GT5S. Even so, you can not say, that there will be no F40 for $300.000 in the future. I have seen the market drop like this and it will again, definitly.

I have three classic cars right now, so don't blame me from this site. Just to mention not to get toooo enthusiastic about the raise.

What collectible cars have ever really gone down substantially? Please tell me there is hope for me owning a Countach? I mean I could work extra hard to get together the $400K US to own one, but it is still a turd. And for $400K there are much faster cars available and just as cool and collectable.

Ok, 365 Daytona costs 1988 $25000, then Enzo Ferrari died and we saw the million. We dropped back to $150.000 mid 2000s and now we see the million again and we will definitly see these cars again at $200.000. This is the way the market works. People lose interest, go to other assets ant then is the time for a car enthusiast to buy.

So there is hope for me yet. I guess when all the people who have lusted for the Countach are old and grey the interest will wane.