Re: [DML] Re: Best comment on the Delorean Yet

[Ryan Wright <ryanpwright@xxxxxxxxx>]

My "sum up" of the replies thus far:

> People ask e how much I paid for mine.  And when I tell them, they
> say, "that's all?"

Yeah. That's why I don't tell them. People look so upset when they
find out the car costs less than a house. I give a generic answer, "Up
to $65k depending." Now that D1 is asking $70k, I can say "Up to
$70k." I let them have their moment with an expensive exotic while
still being completely honest.

Even at that, people still say, "That's it? I figured they were at least $100k."

> Kudos to De Lorean One for holding the price at what other dealers don't have the
> balls to do. My guess is if you hired any professional to restore a De Lorean to the
> quality of one of the De Lorean One's cars that they're selling for $71,500, it would
> cost you that much money to get it done.
> And I've heard reports that they have a waiting list for those.

I doubt that. Quite frankly, I'd be surprised if they sell more than a
couple per year. Who spends double the money to have a D1 restored car
vs. DMCH? Granted I've never seen two freshly restored DMCH & D1 cars
side by side, but I can't imagine the difference is worth $35k.

The only way D1's cars are worth that price is if they're doing a
complete frame-off restoration, pulling all of the used parts and
installing new or NOS everything. New engine, tranny, interior, etc.
The only used parts I'd want to see after shelling out $70k would be a
few major items: Body, doors, stainless panels, frame, glass - and any
minor items that are dwindling in supply or otherwise unavailable.

> Tthe values of DeLoreans have already increased a great deal. More
> than many others could imagined, or others cars already have.

How do you figure? If you don't count inflation and wear & tear, the
price of the cars hasn't moved. People paid ~$25k+ new. The previous
owner of my car paid $35k new. During the final days you could get
them for ~$15k give or take. Today? They're worth ~$20k give or take.

They just haven't moved. As much as I'd like to wake up and find my
car worth $30k+, it's not going to happen for a long time - if ever.

--
- Ryan
http://www.memfrag.com - Store your bookmarks. On every computer.


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