[DML] RE: Rule of 20...Now 25.

["alex morgan" <mauibarber@xxxxxxxxxxx>]

I completely agree with the rule of 25.  I was fortunate enough to have Dave 
Swingle convince me to pay a little more for my Delorean than I had planned. 
  It has been well worth it.  I have put 1600 miles on it in the last seven 
months with only one problem.  The AC low pressure switch went out and it 
cost me 17 dollars to replace at the local Napa auto parts.

I think the tough part for first time buyers is that a $14K Delorean and a 
$25K Delorean when put side by side can look nearly identical (on the 
surface).  This is not so with other classic cars.  A 14K 1957 Chevy Belair 
next to a 25 thousand dollar Belair shows a BIG difference.  I believe this 
also contributes to Deloreans not comanding high prices.  The stainless 
steel is a blessing and a curse.  They stay looking brand new but one car 
doesnt necessarily stand out more than another.  Especially to a untrained 
eye.

And the icing on the cake is if somebody does decide to paint there car to 
make it stand out, the first thing everyone thinks is that the car has had 
some major body damage/accident.  :)  Only in the world of Deloreans does 
this happen.  If I put a fancy paint color on my 57 chevy it would be 
celebrated and add value to the car.  The Delorean is definitely a unique 
automobile with unique problems.

Just my 2 cents, any thoughts?
Alex Morgan


You are absolutley correct. The "Rule of Twenty" is NOT a hard and
fast calculation. Many factors affect it. Maybe you want to transport
the car to DMCH and have them do the work. Maybe you want a local
place to mess it up. Maybe you want to learn how to fix a car for the
first time and it is going to be on a "cheap" Delorean. Maybe it's a
non-runner and the engine and trans are junk. Maybe you want to use it
as a daily driver as you try to make it reliable and get towed home
once a week for a month. If any of this sounds familiar you probably
spent a lot more than $20,000. The point of the "Rule of Twenty" is to
try to convince a newbie that the cheapest car he can find is not
going to cost the least. In the car hobby generally the more you can
spend the less it will cost overall. Of course you CAN find bargains
and you CAN find that $15,000 car that is really a $7,500 car. You
NEED a knowledgeable person to help determine what the true value is
of the car you intend to buy. Make it the "Rule of Twenty Five" if you
want, it is the principle that is important.
David Teitelbaum
vin 10757







To address comments privately to the moderating team, please address:
moderators@xxxxxxxxxxx

For more info on the list, tech articles, cars for sale see www.dmcnews.com

To search the archives or view files, log in at http://groups.yahoo.com/group/dmcnews 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/dmcnews/

<*> To unsubscribe from this group, send an email to:
    dmcnews-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/