RE: [DML] Painted VS Stainless

[Kevin Abato <delorean@xxxxxxxxx>]

I think a car should be valued as something you ENJOY.  Not an investment.
If you want a car painted and modified, or kept 100% original it should be
your choice based on how you will best enjoy it.

The enjoyment factor is the real investment (IMHO).  Deloreans tend to hold
their value if you take care of them, but to truly "maintain" one takes a
decent amount of money on a yearly basis dedicated to the car (I average
$1-1.5K per year).  Add it all up over the course of ownership, and you will
never really profit from a DMC on resale, but the hours of fun I have with
my car make it worth every penny.

Kevin Abato
Vin# 16680 

-----Original Message-----
From: dmcnews@xxxxxxxxxxxxxxx [mailto:dmcnews@xxxxxxxxxxxxxxx] On Behalf Of
dmc82@xxxxxxxxxxx
Sent: Sunday, June 24, 2007 10:27 AM
To: dmcnews@xxxxxxxxxxxxxxx
Subject: Re: [DML] Painted VS Stainless

In general "stock" collector cars bring more in the market place rather than
modified cars.
Serious collectors and buyers like to know what they are getting. A few
notable exceptions are the cars modified by significant aftermarket
modifiers such as Shelby or Yenko. Once again people know what they are
getting for their money. My car is modified and I am sure I could not get
what I would have for it unmodified but I enjoy it more.  I am sure you
watch the car autions on TV and see this to hold true. Original commands
dollars!

With the change of the concours event to a certification process it has
"opened" the event up to more levels of participants. The silver level car
at the most recent event had some suspension modifications but was still
competitive. Anyone that has looked at the new concours manual knows that a
car that has been certified to a level of a standard set by this event is a
car that they will once again know what they are getting.

Cecil Longwisch 




-------------- Original message --------------
From: Marc Levy <malevy_nj@xxxxxxxxx>
Interesting comment Ron.. :)

This is the exact reason I have been so outspoken about the attitude that
surrounds the Concours competition.

When you have people declaring with self-appointed authority that a
"Concours Delorean" is the "best of the best" and is therefore worth more,
it continues to devalue a delorean that is PERCEIVED to be modified in any
way (Just because the car does not match the manual does not make it
modified).

Why is it that with so many DeLoreans running around, so few are in Concours
if these cars have more value? 
Based on the breakdown, I'd say the daily drivers are more desirable. It is
just that an owner of a concours winner wont sell as low as the rest of us.

Based on the number of peoples choice awards your Yellow DeLorean has won,
I'd think it would have a higher value that a "concours" car.. but, if you
put it on Ebay no one is going to bid 40K for it because of the self
fulfilling prophecy that modified cars are worth less.

Say it enough, and it becomes true.

[moderator snip]


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