Re: [DML] DeLorean Values, etc.

[Mads de Bruin <debruin@xxxx>]

Hi everybody,
I don't post much to the list but I read all your tips carefully. I just 
wanted to respond to this.
I don't think you should buy a DeLorean and expect to make any money on 
it. It's just like a new car, even though you spend a lot of money on it 
to keep it in good condition, the value keeps getting less.
The DeLorean is an exception, it will keep it's value through the years. 
Just recently I sold my D for a few hundred dollars less than what I 
payed for it three years ago. I had to do this because the frame was 
showing some spots that had to be carefully looked at. Over the years I 
spend a few thousands dollars in maintenace and replacements but you 
have this with a new car also, don't expect to earn these costs back 
when you want to sell the car.
I like the value of the car the way it is now, as you said Louie, 
affordable for a lot of people. I have to be honest to say that I don't 
mind when the value goes up but I think this will take e decade or so. 
The car is not an oldtimer but a classic and I think that's why the 
value stays around $20k for a good condition car.
I have to go with Louie on this, I don't realy care if the price goes 
up. I bought the car to enjoy it and not to make money on it.
I just don't hope the value drops! ;-)

Greetings from the Netherlands,
Mads de Bruin
VIN# 06881 (SOLD)
VIN# 02010 (as of next monday!!!)

Louie Golden wrote:

> OK... I've been wanting to start a thread on this for a while... I guess I'm feeling controversial. So I figured what better time than following the Monster Garage debate? So here we go. How does everyone feel about the current values of the DeLoreans... and what do they want to see happen to them in the future?
>
> I bring this up because of a comment Ken Koncelik recently made replying to a post about me looking for a nice driver for under $20k. He responded by saying that I really can't find a nice driver for under $20k anymore. I was somewhat taken aback by this because this is simply another tactic people are employing to raise the DeLorean's values. A lot of people really want to see the car's values go up, so they put asking prices of their cars up high, and then drop little subtleties like this (I hope you don't take offense Ken... I'm just singling you out like I often do to Rich W).
>
> Though I'm somewhat of a purist, I like the DeLorean's values just where they are right now. They're accessible to almost anyone who wants one bad enough. Anyone who's been in the hobby the past several years has noticed that DeLorean owners seem to get younger and younger. I think that's a great thing... those who are truly passionate about the cars can in fact own one! I'm sure most owners would like to see a decent return on their investments eventually. But I guess I'm in the minority in the fact that I'm really not thinking about that... and couldn't care less. I bought a DeLorean because I loved the car, and wouldn't have sold mine for any amount of money offered to me. So what's everyone elses opinions on the matter?
>
> Louie Golden
>
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