When I bought mine I jumped on it, thought maybe I paid too much, realized I did pretty good, questioned it again and so on. I am so glad I bought the car when I did for how much I did. With the increasing in value it makes the price I paid a little less critical.
Gary
No guilt here.
Yeah it was a little differant in my case. When I bought the car I didn't know it was anything special and neither did the guy I bought it from. He was selling it because of a divorce, so he was trying to screw his wife out of money, so I guess if you steal from a thief, it isn't so bad. Still I paid him going rate for what Panteras were going for back then. But still every now and then, I feel guilty. Then I take a drive in the car and feel way better.
Yea I know how you feel. I needed a pick up. I thought that I could put roof racks on and could carry lumber on the rear deck. Who knew?
I purchased #6661 in July 2004 for 30K. At the time I thought it was a decent price for what I wanted. A car mechanically sound but needed cosmetic restoration. In retrospect, I probably paid a little high, as I have had to invest some money in mecanical items, and can forsee additional expenses to get the car where I want it. I now have approximately 40K plus or minus into it. I figure a good paint job (changing the color back to yellow, but a more modern yellow) and leather interior (my wife thinks it should be tan, I'm thinking staying with black) will set me back 20 - 30K. Will I get my money back . While that's not my main focus it is in the back of my mind. But, with the way prices have been going, I don't think I will be too far off. My experience and what I have heard, prices follow the cost of restoration, trailing a bit. In other words, it cheaper to buy a restored car than do it yourself. Anyway, my 25 cents worth.
Yes, it seems cheaper to buy a restored pantera instead of doing it yourself. i have seen the prices of panteras go up, and those cars are not even restore. but now for the past 5 to 6 weeks i have seen the same cars advestise in various sites that are not selling.
Any market updates in the last five months?
Dan
Dan
quote:it seems cheaper to buy a restored pantera instead of doing it yourself.
This is generally true. The two problems I facedd when I was looking for my car in 2003 were...
1.) Restored cars cost more than I had money to spend.
2.) Good luck trying to find a car that's restored/upgraded to YOUR tastes! There are a lot of Pantera owners with poor taste when it comes to upgrades. And I am not willing to pay a premium for someone else's idea of the "perfect" Pantera, then have to spend more money to un-do and correct the seller's choices.
Buying a Pantera that hasn't been restored allows me to drive and enjoy it NOW and improve it over time as finances allow. In the end it will cost more, but it will be exactly what I want it to be. And I get the pleasure of doing it myself, which for me is one of the things I love about this hobby - I'm a do-it-yourselfer!
Cheers!
Garth