[DML] Re: Rule of 20 (now Rule of 25)

["d_rex_2002" <rich@xxxxxxxxxxxxxxxxx>]

I think its probably time to change this to the Rule of 25.

The Rule of 20 has been around for several years, so with the
DeLorean 25th Anniversary this year, I think most of us could
remember making a change to the Rule of 25 (as a low average)
to adjust for economics and some new standardized labor rates.

Of course, those who perform most of the labor themselves may
complete cars at significantly lower total cost, there will be
those who will also have the work done for them or go beyond a
refurbishing project, to a complete restore, costing much more.

Later,
Rich W.
 

--- In dmcnews@xxxxxxxxxxxxxxx, "tuxr" <tuxdarby@xxxx> wrote:
>
> Seems a hot topic these days, the real cost of the car.  Some 
still 
> use the Rule of 20:  add what you pay, plus repairs and 
refurbishment, 
> it will come to $20,000.  So if you pay $12,000, it will cost 
$8,000 
> on top of that.  If you pay $15,000, it will cost $5,000 on top of 
> that.  Based on everyone I know, have talked to, my personal 
> experience with two cars, and reading this and other online 
> discussions, I'd like to throw on the table that the rule of 20 no 
> longer applies.  
>
> snip <








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