Mecum just sold 3342 at the Indiana auction for $125K plus fees, good price for a stock 72 with 10K miles on it!
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quote:Originally posted by Kid:
Something which does get my attention - did it have a "windows all the way down" mod..?
And the fuel tank cap is not original no..?
This car & selling price is an "Anomaly" & is not reflective of 99.999368% of DeTomaso Panteras nor their reflective price.quote:Originally posted by PanteraDoug:quote:Originally posted by Kid:
Something which does get my attention - did it have a "windows all the way down" mod..?
And the fuel tank cap is not original no..?
The side view appears to show the window all the way down, i.e., a modified car.
The gas cap looks like the "aftermarket" aluminum cap with the DT logo that many of the vendors sell.
It also has the aluminum Detomaso valve covers which were not stock on these cars.
10" Campis in the rear, non-stock.
Does any of this mean anything? Sure but what to who?
The car would appear stock to an unknowledgeable buyer. Certainly it wouldn't appear radically modified.
What did the buyer want? Just a nice Pantera? Maybe? It certainly is that.
At $125,000, that is a plus to all Panteras owners. As a buyer...bummer.
"A rising tide floats all boats". This sale helps all Pantera values.
I particularly like the original patina on the dash board material.
quote:Originally posted by 1Rocketship:This car & selling price is an "Anomaly" & is not reflective of 99.999368% of DeTomaso Panteras nor their reflective price.quote:Originally posted by PanteraDoug:quote:Originally posted by Kid:
Something which does get my attention - did it have a "windows all the way down" mod..?
And the fuel tank cap is not original no..?
The side view appears to show the window all the way down, i.e., a modified car.
The gas cap looks like the "aftermarket" aluminum cap with the DT logo that many of the vendors sell.
It also has the aluminum Detomaso valve covers which were not stock on these cars.
10" Campis in the rear, non-stock.
Does any of this mean anything? Sure but what to who?
The car would appear stock to an unknowledgeable buyer. Certainly it wouldn't appear radically modified.
What did the buyer want? Just a nice Pantera? Maybe? It certainly is that.
At $125,000, that is a plus to all Panteras owners. As a buyer...bummer.
"A rising tide floats all boats". This sale helps all Pantera values.
I particularly like the original patina on the dash board material.
I see this scenario ( Ultra Low Mileage Sports Cars) repeat itself ad nauseam & most recently is witnessed in the greatest percentile amongst Ford GT owners.
Currently very NICE DeTomaso Panteras can be acquired in the $50,000.00 range, which in my opinion is a relative bargain.
Speculation about rising values without "acquisition" is just that, it's akin to talking up Microsoft stock & NOT purchasing futures.
"A rising tide floats all boats" doesn't account for the boats with holes in them!...Mark
In Baseball & the possible merging of large corporations, that's referred to as "Collusion" & was also attempted ( cornering the market) by the Hunt Brothers who wrongly thought they could corner the silver commodities market.quote:Originally posted by ZR1 Pantera:
As owners of a relatively small number of cars, we as a group control the market and the price.
If all owners would stick to a set minimum and not sell a car for 30K we would all do better. If the minimum price to purchase a car is 60K then that is the price to play.
The owners need to stop shooting themselves in the foot by accepting low offers.
Of course there will always be the rust bucket for less. I am referring to an average car in average condition.
Pantera owners are the worst for talking down other owners cars, and nit-picking them to death, that sold for a high number and saying it wasn't worth it. We should applaud high sale prices and support them.
Hello Robie; Completely agree that "Price Fixing" occurs with the caveat being on everyday relatively low cost items ie: gas, milk, bread, etc, etc, not with "Big Ticket" items ie; Luxury Yachts, Vacation homes, Exotic Sports Cars which are purchased with discretionary income.quote:Originally posted by Robbie:
Hey Mark .. a little bit of price fixing is as old as unchecked capitalism. Must be some reason why gas stations on four corners all seem to raise/lower their prices to the same amounts on the same days. DeBeers did a good job with diamonds for a century before world morality and politics caught up with them .. but I digress. Let's not give away our cars .. price high and negotiate.
quote:So be that the maddening collective crowd may gather, sharpened pitchforks & torches ablaze ready to burn the witch( car) at the awaiting stake, yet their efforts are in essence fruitless for their voices of discontent are merely lost in the howling wind of reality...Mark
quote:Originally posted by AZFAST1:
Mecum just sold 3342 at the Indiana auction for $125K plus fees, good price for a stock 72 with 10K miles on it!