Panteras advertised for months on end...

Sooner or later the right buyer comes along for a seller to get his asking price.

Same with buyers. Keep looking and the right car will eventually appear.

Compared to other marques, the Pantera is a steal -- except for any rust bucket fright pig. Also, those that are asking the "big money", at least most of them, have a lot more in the cars than they are asking, I'm sure. You would get a lot of bang for your buck on one of these fine pieces of machinery, ..... if it is the right car. You would never be able to touch these cars financially if they were replicated from a donor car to the same standards. A lot of car can be purchased that is already done.

As always; no matter the asking price; buyer beware and get as educated as possible on all of the weaknesses of these cars before you go "all in."

If you read the comments, you may find that the car has been sold.

quote:

If I was selling a car and it languished on the "Panteras for sale" board for months, I would be somewhat embarrased and ask the ad to be pulled.

The market is slow, but that doesn't mean that prices need to drop, just sellers wait longer to find the right buyer. Same as real estate what was selling in 4 days now takes 4 months, it doesn't mean sellers have to reduce the price unless it's a fire sale.

Maybe you should open up some serious dialogue with the sellers and see what they are willing to negotiate around (and I don't mean just send a low ball offer by e-mail).

I just got to know a seller and his car and in the end negotiated 15% off the advertised price, but I had to get to know him first.

I would agree with the above, discuss the car with them, and even though it is above your budget, find out if the car is PERECT for you.
by having chats with the buyer you can work out, if he needs to sell, doesn't care if it sells or other things.
Also if the car is perfect, but the price is high, you may also find a couple extra grand as well !
Then you can explain, you are very interested inthe car, but the truth is you only have X amount,and explain that his is a FIRM offer.
You may find if he needs to sell, and you have a firm offer he may be pursuaded to part with his / her baby !
I bought mine for the $$ you have budgeted, they are around but very rarely.
I then brought it back to Australia and spent way more !!

quote:

Originally posted by four walling:
I am a ready, willing and able cash buyer for a Pantera, but nothing nice and sorted out that I can see for sale in SoCal is within my budget of $35K-$40K.

There are several nice cars advertised for sale in the SoCal area, but I cannot afford the asking prices.

I am curious, why would somebody have their car advertised for sale for months on end?

I do not think that selling a Pantera is a whole lot different from selling real estate.

If you are truly serious about selling your car, then price it to sell.

If I was selling a car and it languished on the "Panteras for sale" board for months, I would be somewhat embarrased and ask the ad to be pulled.

Or-I would price it to sell.

Or-if it has sold, I would ask the webmaster to remove it from the "for sale" page.

There are many reasons for selling a car. Many sellers (myself included) don't "have" to sell their cars but choose to thin their herds for one reason or another. If someone comes along and pays me what my cars are worth to me, I'll sell them, if not I'll keep them. I don't see why anyone should be embarrassed about their advertised car not selling unless they are not being forthright about its description.

Of course the seller wants the top dollar that he can get and the buyer the best deal. "Priced to sell" is the opinion of both buyer and seller. Just because the market is slow for the moment, doesn't mean that the cars are worth any less . . . unless you are in a rush to sell them. As Julian says, sellers who wait to sell their cars will eventually do so as you will also probably find one to fit your taste and budget with time. Of course if you wait too long and the economy recovers, the prices will likely rise again and today's prices may become deals! Good luck in your quest!

I have moved this thread to the ownership issues forum because it is a discussion, not an advertisement.

Only advertisements belong in the cars for sale forum.

cowboy from hell

You've gotten some good, solid advice here. Sometimes - okay, EVERY TIME - someone 'low balls' me out of the blue with no validity other than "trying to get a good deal", I'm turned off to negotiation. (Again, assuming I don't "have" to sell as stated.)

Yet, if that same person had the cooth and manners to attempt reasonable dialogue EVEN WITH THE SAME OFFER, I'd be way more amenable. This has happened to me a bunch, on both buying and selling sides.

So, approach a car you REALLY like and see if getting to know the owner (as from Joules) won't dissipate the distance in the asking price.

In all honesty, the sellers with "firmish" asking prices are just waiting for a good, ready buyer with dollars, sense AND sensibility to come along... like you.

And to further goad you, perhaps a SLIGHT stretch in YOUR budget may land you the car you really want. Such as - -

http://cgi.ebay.com/ebaymotors/Other-Makes-Pantera-GTS-...ksid=p3286.m14.l1308

Uh oh. Now does Georgie have to move this BACK to "Cars for Sale"?! Have fun. Keep us posted.

Hello A Hudson,

I agree that there is a lot of good advice from members in regards to this thread. Being courteous in your negotiations in regards to purchasing and selling a car goes a long way to establishing goodwill and trust.

I have personally seen the Pantera listed on eBay that you have linked to above. Unfortunately, the display area at PI Motorsports is limited and there is not even enough room to open the doors to the vehicles on display to climb inside of them. Jerry at PI Motorsports was courteous enough to offer to roll a couple of cars around to accomodate me so that I could do this. Removing a vehicle from the indoor storage to go for a test drive would require even a lot more effort on his part.

However, at the previous, much higher, asking price, I did not want to put him through the trouble of doing so.

I thought that the Pantera was at one time bid up to almost $39K in this current auction but is now back to $32600 for some reason. At that price, the car is extremely attractive. But at what is always the case, the reserve has not been met.

This car has been for sale for a long time. The consignors have advertised this car numerous times and the price gets a little bit less each time.

However, it still has not met the reserve.

What is the buying public saying here? They are saying that folks would like to purchase the vehicle but not at whatever the reserve might be.

By listing the car several times the consignor is telling us that the consignee wants it to go away and find a good home.

That will happen one day, but apparently not at it's current reserve.

I think that we're back to the seller's agenda again. They may:

1) Need to sell the car

Being in some financial bind, actually having to sell the car to survive financially or to get into some investment or other project that needs financing now. The amount depends on the degree of the need for cash.


2) Want to sell the car

Just wanting to sell off the car, no financial pressure but just wants to part ways with it.


3) Neither but would part with it if the right offer was made

Don't care if it sells or stays but would sell if it the right offer comes along.

We've all seen cars go cheap (fire sales) when owners come into hard times or unexpected financial situations. We've also seen cars on the market for months or years, some selling and others just taken off the market and out back into storage. We've also seen what we think are "ridiculous prices" paid for cars. Everything depends on the sellers situation or actual desire to sell and the buyers desire to own that car. It's all luck an timing, right car-right buyer-right time. Buy a car now, another better deal may come along soon after, or not, wait too long and you've missed out on the deal of the year! My advice? Do your homework, find a car that strikes your fancy and is within your budget, check or have it checked out, and buy it or you could forever be sitting on the sidelines waiting for the "deal" to come along.

quote:

My advice? Do your homework, find a car that strikes your fancy and is within your budget, check or have it checked out, and buy it or you could forever be sitting on the sidelines waiting for the "deal" to come along.

That is exactly what I did. Couldn't be happier. And don't look at every pantera for sale in the world and wonder if that one might have been a better deal. Just enjoy the one you got. I sure am !!
Doug M

quote:

I have personally seen the Pantera listed on eBay that you have linked to above. Unfortunately, the display area at PI Motorsports is limited and there is not even enough room to open the doors to the vehicles on display to climb inside of them. Jerry at PI Motorsports was courteous enough to offer to roll a couple of cars around to accomodate me so that I could do this. Removing a vehicle from the indoor storage to go for a test drive would require even a lot more effort on his part.

As for the cars at PI Motorsports, if there is one or two that really interest you, start a conversation with Jerry or any of the guys there about the car. I was interested in a particular car when I was searching, contacted them about it, discussed price (it was outside of my budget), Jerry had several back and forth conversations between the seller and me, and we came to an agreeable price (less than the seller was asking and more than I had budgeted/planned to spend), I completed PIM's offer form and faxed it to them, contingent upon my inspection, then made the trip to LA (Orange) the next day to examine the car first thing the following morning. Unfortunately, it was still crammed in the showroom with all the other cars there when I arrived at 8:30am to inspect it, but they moved cars around and got it out so I could examine and drive it. It turned out to not be the car for me, but they were very helpful. If you demonstrate that you're serious, they'll get the car out for you.

Start the conversation. If you don't ask, you don't get.

Good luck!
Garth

quote:

What is the buying public saying here?

I want to own a Ferrari but can only afford a Kia???????

quote:

Originally posted by 4NFORD:
I think that we're back to the seller's agenda again. They may:

1) Need to sell the car

Being in some financial bind, actually having to sell the car to survive financially or to get into some investment or other project that needs financing now. The amount depends on the degree of the need for cash.


2) Want to sell the car

Just wanting to sell off the car, no financial pressure but just wants to part ways with it.


3) Neither but would part with it if the right offer was made

Don't care if it sells or stays but would sell if it the right offer comes along.

We've all seen cars go cheap (fire sales) when owners come into hard times or unexpected financial situations. We've also seen cars on the market for months or years, some selling and others just taken off the market and out back into storage. We've also seen what we think are "ridiculous prices" paid for cars. Everything depends on the sellers situation or actual desire to sell and the buyers desire to own that car. It's all luck an timing, right car-right buyer-right time. Buy a car now, another better deal may come along soon after, or not, wait too long and you've missed out on the deal of the year! My advice? Do your homework, find a car that strikes your fancy and is within your budget, check or have it checked out, and buy it or you could forever be sitting on the sidelines waiting for the "deal" to come along.

3. Describes me in regaurd to everything I own.