[DML] Re: My cars price?

["David Teitelbaum" <jtrealty@xxxxxxxxxxx>]

Never mind the price, if the car won't move most people won't even
touch it at any price! IMHO with the work you have done on the car,
your description of the condition, and the work remaining I would
estimate the fair market value of your car to be between $7,000 to
$10,000. This estimate is on the high, optomistic side. It will take
at least $5,000 to get it up to the level of a "good" driver. This is
assuming an acurate description of it's present condition, all the
previous work was done correctly, and all additional work to be
proformed by qualified labor and "correct" parts. The trans can cost
around $3,000, the seats and dash $1,000, The exhaust leak, engine
cover, and other little things can easily be another $1,000. When you
can't even test drive a car a prospective buyer can't try the
steering, brakes, suspension, etc. He is really buying a
"pig-in-the-poke" meaning there is no good way to really know exactly
what is wrong and right with the car so he will assume it needs
everything. The best way out of this is to store the car and save up
enough to get the trans going so at least you can sell a running car.
Cosmetics are important but a car MUST be able to move or it is just a
pile of parts that looks like a car!
David Teitelbaum
vin 10757



--- In dmcnews@xxxxxxxxxxxxxxx, "mydmc5898" <mydmc5898@xxxx> wrote:
> Well, I have a 1981 Oct built DeLorean. The car has 37,092 miles on 
> it. It is my dream to own it, however since still being in college 
> and only having a part time job my funds for the car are very, very 
> limited. I bought the car in 2001 for 16,000. And since have put 
> repaires into the car that would bring my total investment to around 
> 22,000. I love this car, and don;t want to let it go. It hurts just 
> seeing it sit there. But has fate would have it, and also god hates 
> me, the big one hit and now I have no funds to fix the car... well I 
> could afford the parts, but not the labor too. Anyone who has read 
> any of my posts now knows that my transmission is gone. The car 
> still is mobile, but very little. The tras slips, and has begun 
> to "smoke". I always wanted an 83' 5-speed, and one thought was to 
> convert the transmisson but I will not have the funds to do so. And 





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