Re: [DML] This may be a dumb question but,
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Re: [DML] This may be a dumb question but,



Hello,

This question comes up from time to time. Be prepared for a harsh reality.

On 4/3/06, mrfordaholic <mrfordaholic@xxxxxxxxx> wrote:
> I have never owned a DeLorean, but have been in love with them since
> they first came out new. To be honest, i do not have the money to go
> out and buy one in mint shape. I do belive I could afford one that
> needs to be restored however.

Unfortunately, this line of thinking is incorrect. You may be able to
afford a car that needs restoration, but you won't be able to afford
to actually restore it if you can't afford to buy a nice one.

Your typical DeLorean in great shape will run $20k, give or take. A
project car might be half that. Unfortunately, the general rule is
that your project car is going to cost more to restore than if you'd
just bought a nice DeLorean to begin with. Let's say you get a great
deal on a beat up DeLorean for $8k. You'll probably have $30k into it
by the time you're done, not including countless hours of your time.

You would have been better off just spending the ~$20k on a good
DeLorean to begin with.

My suggestion: Take whatever cash you were going to put toward the
purchase of a beat up DeLorean (don't tell me you were going to
finance a car you can't drive) and put it in a savings account. Add
money to it as often as you can and when you've got about $20k, go pay
cash for a nice car. I guarantee you'll be better off and more happy
with your car in the end.

> So my
> question is, how hard is it to find parts? I know to get in the right
> circles and clubs to help find them, but are the parts out there, or
> should I give up? I plan on taken a couple of years or more to do one
> right, and trust me, it would be my baby! Any opinions or advice would
> be very helpfull.............thank you

Parts are, for the most part, easy to find:
http://www.memfrag.com/mf.app?ssdir=9&dataid=15

But if you're going to spend a couple of years restoring, not being
able to drive the car, you might as well be putting the money you
would be spending on parts into a bank account to save for a nice
DeLorean.

Of course, if you really want to restore a car because you find
enjoyment in the actual process, and if you don't mind spending $10k
more than the car will be worth on top of countless hours of your
time, then a restoration/project car would be the way to go. However,
I'm telling you now, if you're doing this to save money it's a
terrible idea, you won't save any, and you'll probably end up selling
the project at a loss halfway through due to frustration and/or
funding problems.

-Ryan


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