PINTO CAR CLUB of AMERICA

Shiny is Good! => General Pinto Talk => Topic started by: Henrius on August 01, 2020, 07:32:54 PM

Title: Most Expensive Pinto I have Seen Listed
Post by: Henrius on August 01, 2020, 07:32:54 PM
Supposedly a one-off special car from the factory. Never knew the German 2.0 was an option the first model year. It can be yours for a cool $15,900. Saw on E-bay: https://www.ebay.com/itm/1971-Ford-Other/203063256100?hash=item2f47836424:g:FesAAOSweHZfJR ST
(https://i.ebayimg.com/images/g/FesAAOSweHZfJRST/s-l500.jpg)
Title: Re: Most Expensive Pinto I have Seen Listed
Post by: dga57 on August 02, 2020, 06:27:11 AM
One would think if an individual were going to purchase a car like that with hopes of cashing in on its rarity later, they would have kept it as low mileage as possible.  This car purportedly has 76K on it which, while certainly low by any other standard, seems high to me for the pretense under which they are offering it for sale.  Probably not a bad price if you're into museum pieces, but I personally prefer a slightly less perfect driver quality car. 

Dwayne :)
Title: Re: Most Expensive Pinto I have Seen Listed
Post by: Henrius on August 02, 2020, 07:04:47 AM
My prediction: despite its heritage, this car will bring far less than the asking price. That is why the Pinto Barn shop failed. Despite the nice rehabs they did on Pintos, nobody was willing to pay a decent price for a used Pinto, no matter how nicely they were fixed up.
Title: Re: Most Expensive Pinto I have Seen Listed
Post by: Wittsend on August 02, 2020, 11:28:59 AM
When and how much I don't know, but at some point the collector car market will take a downturn. This is a time when the cars were special to people who were teens, young adults back in the late 50's to the mid 70's. They either got good jobs, had inheritances or made good investments. Many are retiring, receiving their inheritance or selling off their investments for that last "Harrah" in life. But the economy has faltered not too long ago and it is faltering again. Many of the Boomer generation have retired, seen their parents pass and many of the inheritances have already passed hands.

Like all things one year the tents of Barrett Jackson will be half empty and reserves not met. The next time there will be no reserves. Trailer queens will be relegated to garage space or turned into occasional drivers. Grand kids will be selling off their grandpa's Hemi Cuda's so they can buy their prized items, first generation I-Phones and Play Stations. As my luck goes this plunge in prices will coincide with my license being taken away.
Title: Re: Most Expensive Pinto I have Seen Listed
Post by: Henrius on August 02, 2020, 11:40:00 AM
I have also wondered about the possibility. Pintos are precious to us, but what do they mean to 30 year-olds? About the same as a 1930 car means to me.


The Fed is printing a lot of money. New money inflates different asset values each time. Now the price of precious metals and tech stocks is going up. Last time it was collectables. Are collectable car prices set for a crash? We will see. Not sure it is prudent to be speculating on collectable cars at this point in time. Only if you encounter a real steal, which this 1971 Pinto is surely not.
Title: Re: Most Expensive Pinto I have Seen Listed
Post by: dga57 on August 02, 2020, 11:49:04 AM
I think there will always be an interest in the automotive treasures of yesteryear but expendable income is a prerequisite to the hobby and, with the economy suffering mightily because of this pandemic, fewer and fewer people have expendable income; they are busy figuring out how to meet their mortgage payments and put food on their tables.  Despite my love and respect for the lowly Ford Pinto, its value as a collectible has always been tepid at best.  While I don't find the asking price necessarily exorbitant considering the car's rarity and condition, I concur with Henrius's  prediction that it will most likely sell for a much lower price than advertised, if at all.


Dwayne :)