quote:
Originally posted by george pence:
DeTom,
Average Pantera prices hovered around $30K to $40K for a long time. This last year that range has risen to $40K to $50K, perhaps even $45K to $55K. Sales are brisk too, which is partially why the numbers have risen, another factor being that I think a lot of "good" cars are selling.
I corresponded with Mike Mayberry a few months ago, he mentioned he would gladly buy my Pantera back for what I payed for it, which was $40K. Dave Adler the sales king also says prices are up, up, up!
your friend on the DTBB
George, you mean "asking prices" don't you? Do you have actual sales data on "all" or "most"? I don't think so. Even if you have data from PI, it hardly represents the entire market.
As a Pantera owner of over twenty years I hope that people would pay more. Actually it's more of a prayer. Not being a number cruncher by profession, I doubt that todays asking prices have even kept pace with inflation.
They certainly haven't even come close to the "industry" at all.
If you read the review comment from Barrett-Jackson about Shelby Cobras being undervalued in relation to other sales, and 427's are expected to fetch $500,000, what is the term for a Pantera at $30,000 or even $50,000 besides pathetic?
The current value is so bad that if you bend the front fender and the door you have to total the car or fix it yourself.
And just incase you haven't noticed it many of the PI Panteras have had thier prices reduced. I did.
It's odd but I seem to get the impression from some of the owners here that they don't want to see the prices go up. I don't understand that.
I can understand it if you want one and don't have one. Everyone wants to get in on the bottom floor.
Let me go with Dorothy, Todo, Strawman, Tinman and Lion to seek out the Wizrd, he'll have the answer.