DeTomaso Mailing List: January 98, Message #109
     



From: 	Asa Jay Laughton <asajay@concentric.net>

Subject: POCA '98 Re: 1971 Pantera for $2,800?

Date: 	Mon, 5 Jan 1998 11:14:01 +0000



I humbly stand, er, sit corrected.



And to further my hunt, I've already made plane reservations for Vegas this

year.  My event registration is on its way and I'm both Shelley and I are

looking forward to seeing many of you down there.  I'm also saving my

pennies and will be talking to my bank about financing.  Perhaps I can make

a sweet deal in Vegas.



Asa Jay





At 04:39 01/05/98 +0000, MikeLDrew@aol.com wrote:

>Asa Jay wrote:

>

>>Oooooo, that's been the

>kind of deal I've been looking for.  Well, just gotta keep on it I

>guess.

>

>>>>No, it isn't.  For $2800 the guy got a Pantera shell with solid evidence

>of rust (check the photos), with unclear title (lien recoveries can really be

>a bitch), rotten tires, no gearbox, and in need of a total restoration.  

>

>By the time this guy has exorcised the rust demons, purchased a gearbox, had

>the engine reassembled/rebuilt, had all bodywork done and painted the car,

>and sorted out all the other minor problems, he'll easily be into it for over

>$25K (unless he does EVERYTHING himself, in which case he'll have invested

>years of his life.)

>

>What YOU want is a turn-key car with all the bits intact, and a nice clean

>paper trail, for $20K or so.  Those cars are out there, not all that

>uncommon.  Keep looking, and don't be suckered into buying a project car!

>

>Mike (who's $65-70K Pantera has yet to turn a wheel, in eight years of

>on-going restoration)

>

>

>