[DeTomaso] [NPC] Big dollars at BJ auction

[Larry - Ohio Time Corp.]

Fred,

In 73 and 74 I regularly drove my friends 1963 Split Window Corvette to High 
School auto tech class to work on it for him. It was an rare car at the time 
but still just a ten year old car.

He sold the car in 75 for 10K to help pay for a house. He had about 4K into 
it.

Larry - Cleveland


----- Original Message ----- 
From: "F&D Terry" <gt5s at bcpl.net>
To: <JJD1010 at aol.com>
Cc: <detomaso at realbig.com>
Sent: Monday, January 22, 2007 10:56 PM
Subject: Re: [DeTomaso] [NPC] Big dollars at BJ auction


> Well, in '74 you could have purchased any '67 or earlier Corvette for less 
> than $3000 and today the right purchase would be worth over $100k. Even a 
> small block automatic will bring over $35k. I sold a '66 Corvette in '86 
> for $13,500 to buy a '72 Pantera. Ten years later I sold the Pantera for 
> what it cost me while my '66 Corvette had been resold a year earlier for 
> $35k.
>
> I feel that the unfavorable articles written about the Pantera when they 
> were introduced contributed a lot to today's lack of interest. Even today 
> every time somebody on this list posts something about a Pantera on E-Bay 
> it's negative. It's unfortunate but  I don't see anything that will make 
> the Pantera more desirable. The only way it may happen is if all the other 
> cars get so picked over that the bottom feeders might invest some money in 
> a few Panteras. The problem with that is that so many Panteras have been 
> modified that any savvy buyer may be skeptical about what is a proper 
> purchase and shy away. I've done very well over the years purchasing 
> restorable cars and learned three lessons very early. Know the market, buy 
> the rarest I could find and make sure it had all the original equipment.
>
> Fred T.
>
> JJD1010 at aol.com wrote:
>
>>The really funny thing is that in 74, there really wasn't anything even 
>>close to it. For $11,400 you had a dependable car that beat the regular 
>>and more expensive Ferraris of the time and, except for top end, kept up 
>>with the much more expensive Daytona and BB. Same is true of the 2x more 
>>expensive Bora. The Porsche 911 Carrera had about 170 hp amd 6.5 secs to 
>>60. The XKE was much slower and don't even mention the Corvette. What else 
>>were you going to buy?
>>
>>Jeff
>>6559
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