dmcnews-digest Monday, January 26 1998 Volume 03 : Number 324
In this issue:
Re: DML: Insurance (was New Owner - New Web Site)
DML: Re: Re: refinishing wheels
Re: DML: Looking for seats
Re: DML: New Owner - INSURANCE
Re: DML: New Owner - INSURANCE
DML: Notice re: Grundy Collector Ins.
DML: Re: dmcnews-digest V3 #323
DML: Re: Insurance
DML: Fwd: DeLorean For Sale
Re: DML: New Owner - New Web Site
DML: FS: '81, 5-speed, 35.8k miles
Re: DML: Hypothetical Implications of Legend Turbo
Re: DML: Twin Turbo Prototype
Re: DML: Re: Insurance
DML: Re:Insurance
DML: Radio Face???
RE: DML: Hypothetical Implications of Legend Turbo
DML: DeLorean Insurance
DML: DeLorean buying
DML: you read my mind
DML: Bay Area Repair shops
DML: VIN # ?
DML: D spotted
Re: DML: Insurance (was New Owner - New Web Site)
Re: DML: DeLorean buying
DML:Starting Problem...
DML: New to the DeLorean Mailing List
Re: DML: Hypothetical Implications of Legend Turbo
Re: DML: Radio Face???
Re: DML: Re:Insurance
DML: RE: going rates
Re[2]: DML: Hypothetical Implications of Legend Turbo
Re: DML: Insurance (was New Owner - New Web Site)
DML: How to increase DeLorean prices
DML: ADMIN NOTE: Recurring threads, FAQ's, moderation
----------------------------------------------------------------------
Date: Fri, 23 Jan 1998 10:00:19 EST
From: Ross33650 <Ross33650@xxxxxxx>
Subject: Re: DML: Insurance (was New Owner - New Web Site)
Cecil-
try contacting the Haggerty insurance people.
they say limited mileage but put no specific distance
in their paperwork. the policy has no deductible and
is in force for entire year- no I cant take it out to drive
because the effective date excludes this beautiful Feb
afternoon. They were enthusiastic to cover my car and
the rate was half that paid to my regular carrier.
Haggerty Classic Auto Ins.
Po Box 87
Traverse City, Mi. 49685
(616) 947-6868
(800) 922-4050
hope this helps
jason
ross33650@xxxxxxx
------------------------------
Date: Fri, 23 Jan 1998 10:24:19 -0500
From: "John Stiefel" <stiefel@xxxxxxxxxxxxx>
Subject: DML: Re: Re: refinishing wheels
That sounds pretty good. I forgot to say that I was looking for a special
deal for the list when talking to them. I had mine done this summer at a
discounted price from them since I do other business with them. I was
trying to work out a deal with them for all of us. The plant manager said
he was terrified working on mine seeing as how rare they were, but he
would
welcome any others who would like to call him. I have seen chromed wheels
and they look great!!!
I am one of those dreaded people who are trying to keep mine original,
even
though my wife is looking for a Black one. I think the modified ones look
exceptional though when done right.
Jack
Vin 3461
- ----------
>
> In December I visited Darryl Tinnerstedt in Olympia, WA to pick up some
> parts for my DeLorean from him. While there he showed me his two DMCs
and
> on one he had had the wheels chromed at about $120 per wheel and they
were
> gorgeous. Not exactly stock but they just have to be washed not
> repolished.
> Think about it.
>
> Thom Smithson
> VIN #3089
>
> ----------
> >
> > Well I have finally gotten an answer from the place I had my wheels
> > refurbished at and I am not sure I am very happy. They told me that
the
> > cost was to be 130.00 per wheel. That sounded a little bit high but
the
> > gentleman said that they charged 150.00 normally for such a rare wheel.
> > Is that high? I am not sure as they didn't charge me full price.
> >
> > Signed, Stiefel@xxxxxxxxxxxxx
> > DeLorean vin #3461
> > Visit my page at www.geocities.com/rodeodrive/8601/delorean.html
------------------------------
Date: Fri, 23 Jan 1998 09:03:43 -0800
From: Bruce Lasuta <jlasuta@xxxxxxxxxx>
Subject: Re: DML: Looking for seats
(SNIP)
> Morgan;
> I have some parts including dash guages, dash lens, circuit board, door
> lights, relays & holder, carpet for front bonnet area, spare tire/wheel,
> "plywood piece" to cover spare, right angle drive, etc.
> Bruce Lasuta
> Sechelt, British Columbia, Canada - ( about a 40 minute ferry ride from
> Vancouver)
Oops!!! I guess I should have left my E-Mail address so as not to waste
space here. Sorry, I'm not very computer literate. Anyone interested
in my parts I can be reached at: "jlasuta@xxxxxxxxxx"
Also, regarding the steering bushing problem, I replaced my bushing
(grommet) on the steering shaft as it goes through the firewall with a
replacement part from Don at D.M.C. in Anaheim with a solid machined
part (silicone brass maybe ?) and wow, the steering feels smoother and
more solid than ever in my 5 years of ownership. No more clunking
either. P.S. I have over 100,000 miles on the vehicle.
Bruce Lasuta
------------------------------
Date: Fri, 23 Jan 1998 10:43:13 -0700
From: raddad@xxxxxxx
Subject: Re: DML: New Owner - INSURANCE
Further to the isurance thread:
This topic seems to come up at least once per year. Rates get cavalierly
quoted but the coverage provided for those rates never seems to get
stated.
I think that quoting your coverage along with your rate would be much more
meaningful.
Oh, BTW, neither State Farm or Allstate would cover my D here in Colorado
even with an impeccable driving record.
Dick Ryan
The Rad Dad
------------------------------
Date: Fri, 23 Jan 1998 10:43:13 -0700
From: raddad@xxxxxxx
Subject: Re: DML: New Owner - INSURANCE
Further to the isurance thread:
This topic seems to come up at least once per year. Rates get cavalierly
quoted but the coverage provided for those rates never seems to get
stated.
I think that quoting your coverage along with your rate would be much more
meaningful.
Oh, BTW, neither State Farm or Allstate would cover my D here in Colorado
even with an impeccable driving record.
Dick Ryan
The Rad Dad
------------------------------
Date: Fri, 23 Jan 1998 14:28:21 -0500
From: "Fedeli, Joe" <paa5072@xxxxxxxxxxxxxxxxxxx>
Subject: DML: Notice re: Grundy Collector Ins.
James,
I noticed that you recommended one of the collector insurance companies
called Grundy Collector Insurance Company.
I personally had collector insurance with them for over 14 years
straight, until the management started to perform illegal activities
regarding the insurance coverage and underwriting procedures to their
policy holders. They were ordered by the PA Insurance Commission to
cease these illegal practices they were performing and fined. {I will
provide PA Insurance file numbers and points of contact regarding these
instances to anyone who e-mails me directly.} If you would not transfer
all you other collector cars, daily cars, and health/
home/life insurance policies to them they then would cancel your policy
citing non-existing situations which would change yearly! How I know
this is, I was the victim of this action! I got tired of fighting after
5 years of this.
Perhaps they may have now changed, however, I want anyone who may
consider them to be fairly informed. Most insurance companies are VERY
GOOD, and perhaps Grundy Collector Insurance Company is now if they have
removed the singular person involved and responsible as listed on the PA
Insurance Commission's formal decision.
The bottom line is most companies are very good, but you have to do
your homework on researching the track record regarding individual
companies. This is NOT a bashing of the Grundy Company, but an actual
past event that DeLorean owners need to be aware of.
Joe Fedeli
jfedeli@xxxxxxxxxxxx
------------------------------
Date: Fri, 23 Jan 1998 13:29:59 +0000
From: Bob Brandys <oehcs@xxxxxxxxx>
Subject: DML: Re: dmcnews-digest V3 #323
I agree with Bill Swilley that the information on this car should be
made available. I also think that the car should become a 1984 model at
the same time. I believe that it would be in the interest of Delorean
owners to improve their cars to later model version that would be better
than the original. If the nations organization can develop list of
improvement for future years, the model years could be established. Here
are some of my thought which I recently shared with JZD.
A lot of club members would like to see you discuss what you had planned
for the Delorean in future years.. The idea would be if they upgraded
their cars, they could say they have equivalent later year models or
factory options.. Here is some thoughts that we put together.
1984 Delorean - Optional Legend Dual Turbo Charged OHC V-6
1985 Delorean - Larger cooling system increased base HP of std V-6 to
165 HP.
1986 Delorean - Redesigned hole for rear spare tire
1987 Delorean - Redesigned larger windows, New Interior Colors*
1988 Delorean - Bose Stereo System, base V-6 now 3.0 Liters base HP 185
HP
1989 Delorean - Aluminum V-8 first offered 200+ HP
1990 Delorean - 4 OD speed automatic
1991 Delorean - Power assisted steering
1992 Delorean - Air Bag restraint System
1993 Delorean - Stainless steel frame, New JZD exterior colors*
1994 Delorean - 134a larger air conditioning system
1995 Delorean - Can Am air induction system
1996 Delorean - Time Machine Exterior Decor Package
*Colors and fabrics specifically
1997 Delorean - Time Machine Interior Decor
Package chosen by JZD
1998 Delorean -?
Robert C. Brandys
Director of the Marque
Delorean Midwest Connection Car Club Ph. 630-325-2083
635 Harding Rd. Fax. 630-325-2098
Hinsdale, IL 60521-4814 e-mail : oehcs@ flash.net
------------------------------
Date: Fri, 23 Jan 1998 09:52:15 -0800
From: Dave Price <davep@xxxxxxxxxxxxxxxx>
Subject: DML: Re: Insurance
>Your site also references the reasonable insurance cost of the Delorean
>which I have found to be the one Bigggggg drawback to the car. I'm 45,
>married, with no accidents or tickets in 10 years and the insurance is
>still $1200.00 a year. I have a Corvette and it is less than half of that.
>Does anyone out there have any suggestions or am I the only one with this
>problem? I was reading in some old D.O.A. issues about a group club
>insurance program. What happened to this? I have looked at some of the
>collector car insurance companies but the restrictions on mileage and
>driving would ruin the fun of the car.
>
>Cecil Longwisch
Cecil-
You may want to shop around. I'm 21, with two tickets on my record and I
pay $80 a month for full coverage through Allstate. I know it would be
even lower if I were over 25 and didn't have those tickets... It may have
something to do with location (I'm in Eugene, OR) or it could be because
it's not my "primary" car (I don't have any driving restrictions though).
Dave
------------------------------
Date: Fri, 23 Jan 98 14:30:28 -0700
From: James Espey <espey@xxxxxxxxxxx>
Subject: DML: Fwd: DeLorean For Sale
Sent to me by mistake, I am forwarding to list...
James
- ---------------- Begin Forwarded Message ----------------
Date: 01/23 6:04 AM
Received: 01/23 1:46 PM
From: deborah.g.lonrau, deborah.g.lonrau@xxxxxx
To: dmcnews-digest-approval,
dmcnews-digest-approval@xxxxxxxxxxxxx
DeLorean for sale. Excellent condition, inside and out. $17,000 obo.
Must
sell; settling estate. Car is located in Westport, Connecticut. Call
1-800-894-6124 or 203-226-9190 for more information.
- ----------------- End Forwarded Message -----------------
------------------------------
Date: Fri, 23 Jan 1998 12:27:00 -0800
From: "Ken Montgomery" <kenm@xxxxxxxxxxxxxxxxxxxx>
Subject: Re: DML: New Owner - New Web Site
Cecil wrote:
> Very nice website and it looks like a nice car.
Thanks. I have just added the pictures my friend took as I was
buying the car. Seeing someone buying a DeLorean seemed like a fun
thing to put up. And Yes, after seeing a few cars this one is almost
100% spotless. I have seen new cars that have not been this clean. I
fear I may have trouble living up to that standard!
> The "grinding" may be the nylon bushing is dry where the steering column
> passes through the firewall. I had this problem, which sounded and felt
> terrible, but a little WD-40 took care of it.
I'll give that a try. Thanks!
> Your site also references the reasonable insurance cost of the Delorean
> which I have found to be the one Bigggggg drawback to the car. I'm 45,
> married, with no accidents or tickets in 10 years and the insurance is
> still $1200.00 a year. I have a Corvette and it is less than half of that.
> Does anyone out there have any suggestions or am I the only one with this
> problem? I was reading in some old D.O.A. issues about a group club
> insurance program. What happened to this? I have looked at some of the
> collector car insurance companies but the restrictions on mileage and
> driving would ruin the fun of the car.
I'm in N. California and I have CSAA (AAA). I told them I don't
expect to put more than 3 to 4K a year on the car and I already have
3 other vehicles insured with them. The sticking point for
driveability seems to be commuting. That's been the big factor with
AAA on my other cars. I have full coverage on the 'D' and a $500
deductable. That is costing me $570 a year. That's HALF of what it
cost me to insure my 200SX/SEV6. The SX has a 3.0 liter 'Z' engine
and is considered a 'sports car' (what a joke!). But since the 'D'
ONLY has a 2.8 liter engine it isn't considered a sports car. Go
figure. I had a 260Z (2.6 liter) and of course it was a sports car.
I'm also 41, married, and my wife hasn't hit anyone in years :^). So
as the saying goes, 'your mileage my vary'.
Ken Montgomery
VIN #10911
------------------------------
Date: Fri, 23 Jan 1998 16:42:01 -0700
From: "M@!" <splatt@xxxxxxxxx>
Subject: DML: FS: '81, 5-speed, 35.8k miles
My uncle is looking for a buyer for his '81 5-speed (35.8K). He lives in
Northern CA. The car is immaculate (he's a bit on the anal retentive
side,
but don't tell him I said that), and runs great. If you're interested,
drop me an email. If more details are needed, please let me know. If you
think someone you know would like to own a DMC of their own please forward
this information to them.
Matt Laun
splatt@xxxxxxxxx
------------------------------
Date: Fri, 23 Jan 1998 00:30:04 -0800
From: "lseiler@xxxxxxxxxxxx" <lseiler@xxxxxxxxxxxx>
Subject: Re: DML: Hypothetical Implications of Legend Turbo
At 11:55 AM 1/22/98 -0500, you wrote:
>.........."The greatest irony is for those of us who own the original
>DeLoreans. If
>DMC had succeeded in repeating the Corvette's pattern, today our early
>DeLoreans might be achieving the same super collectibility as those early
>Corvettes!
>
>- Mike Substelny
>
reply:
Hi Mike,
It's interesting that your comments come when they do. I was having a
conversation just a few days ago with another DMC'er about DMC prices. We
concluded that the current low price is the direct result of current
owners
selling at low prices. The fact is there has always been a very limited
number of DMC-12's to begin with, and that the current owners have 100%
control of the value of the DMC. If current owners are quoting low prices
and taking low prices, then they have no one but them selves to blame. The
"Public's" view of the value is of no consequence as to the value of the
DMC, it's the owners alone who decide the price, if "we" owners value the
DMC low then that's it's true value, and in the same light, if "we" owners
value the DMC High, then it's true value will be high. To push the price
of
a DMC up only requires that we all demand the higher amount to make it so!
I don't think any one who has stopped me to talk about my DMC has guessed
under 40K, which suggest to me that the low current value of the DMC is
self imposed by current owners. I suggest a case in point...., there is at
least one person who consistently blithers on this
list about how expensive this part or that service is. It's this sort of
"poor mouthing" that detracts from the value of the DMC. It goes with out
saying that if one thinks small (poor) then one is viewed that way. Maybe
if "we" owners expected and demanded more for our DMC's things would
change. When I am asked what I paid for "that", ......I say "you would be
surprised!"
In excellent condition I see no reason why a price of $30K+ would be
unreasonable, considering the current prices for some of the new
nondescript junk being passed off as new high tech cars.
Lee
VIN#5729
Lic:81DMC-12
------------------------------
Date: Fri, 23 Jan 1998 00:02:28 -0800
From: "lseiler@xxxxxxxxxxxx" <lseiler@xxxxxxxxxxxx>
Subject: Re: DML: Twin Turbo Prototype
At 09:16 AM 1/22/98 -0500, you wrote:
>
>......................................Lee, are you still interested in
>working on a improved cold air intake system? I will take some pictures of
>my modified car as soon as I get it back from Rob. Dick Ryan may also be
>able to take pictures.
>
>
>Marc
>
reply:
Marc, yes I am still interested
Lee
------------------------------
Date: Fri, 23 Jan 1998 21:29:22 EST
From: VickRich <VickRich@xxxxxxx>
Subject: Re: DML: Re: Insurance
We also had a problem getting insurance on our DeLorean....We're in our
40's.
Our insurance agent (State Farm) rewrote the policy on our 1972 Grand
Torino
Sport to the Delorean and wrote a new policy for the Torino. Alstate
would
not cover the car.
This may help..I hope so. Our policy is around $330.a half. But we
suspend it
to about $54.00 a half to store it.
------------------------------
Date: Fri, 23 Jan 1998 22:14:14 -0600
From: "C. Longwisch" <cl1954@xxxxxxxxxxx>
Subject: DML: Re:Insurance
Thanks for all the good responses. It is gratifying all the good
information that can be attained by this medium. One item of my original
message that was not responded to yet was "what happened to the D.O.A.
insurance program?" Is this something that some of the other clubs
(Delorean Motor Club for example) or chapters could address?
I have looked at most of the collector car insurance but all that I have
contacted have said absolutely no driving the car even one day to and from
work (only 6 miles!) or on errand trips like to the store etc. I just
don't
want to restrict my enjoyment of the car this much.
Cecil Longwisch
VIN#10663
------------------------------
Date: Fri, 23 Jan 1998 23:15:45 EST
From: NJP548 <NJP548@xxxxxxx>
Subject: DML: Radio Face???
Hey List,
My brother finally charged the battery for my DeLorean yesterday, so
I
decided to see how the original radio sounded. My radio has where it the
part
that lights up to tell you what radio station your listening to is where
the
tapes go in. I first thought it didn't work because the face wasn't lit
up.
Then i put a tape in it parts of the face lit up. I was wondering if
anyone
on the list ever had this happen and if they know how to fix it.
Later,
Nick
VIN#1852
------------------------------
Date: Sat, 24 Jan 1998 11:47:16 -0800
From: Gary Hull <ghull@xxxxxxx>
Subject: RE: DML: Hypothetical Implications of Legend Turbo
Lee said:
In excellent condition I see no reason why a price of $30K+ would be
unreasonable, considering the current prices for some of the new
nondescript junk being passed off as new high tech cars.
reply:
Bravo!
IMHO:
DeLoreans are Great Cars! If you could take them to any shop, and the
shop
owner could easily find the parts and manuals, you wouldn't hear so much
complaining. Mile for mile, my D requires less maintenance than any of
my
other three cars. It also cost me the least (at 3,000 mi./yr.) to insure.
One reason we hear so much about Ds in need of repair, is that clubs and
lists are the only place to get the info that many shops are lacking.
Another reason is the deterioration that occurs when the cars are stored
instead of driven. New owners of these cars may find the repair bill
somewhat high.
With the growing use of the Internet, it will be important to emphasize
the
benefits of ownership, and how easy it is to get the answers you need
(thanks, in part, to this list).
Even the used car pricing guides are based on what the cars are actually
selling for. Hold out for higher prices and the "book value" goes up.
Gary Hull
VIN#5612
IN2TIME
------------------------------
Date: Sun, 25 Jan 1998 00:30:43 -0500
From: John Murray <jwmurray@xxxxxxxx>
Subject: DML: DeLorean Insurance
Hi List,
Finding insurance was very easy for me. I contacted my current
insurance agent to ask about insurance for the DeLorean I was about to
buy. The quote was approx $800/yr. The agent told me to call with the
VIN# and they would insure it site unseen(for the drive home after
purchase) I brought the car by the agents office on the way home, they
looked at the exterior(NO pictures) and wrote me a policy. Im 26 years
old with a minor accident and a few speeding tickets and the yearly rate
is $866 for full coverage. I stated the difficulty of others insuring
their DeLorean and there was no problems for me.
Good Luck with the insurance thing! See you in Ohio in June!
John Murray
VIN# 2390
FL Lic. plate 81DMC12 (will send pics to you Michael Babb)
------------------------------
Date: Sun, 25 Jan 1998 16:39:15 PST
From: "Jim Plamondon" <saab82@xxxxxxxxxxx>
Subject: DML: DeLorean buying
I this is Jim P. in Iowa. I was looking to buy a DeLorean.
But I can't find a 83', black int., or a stick in Iowa or area.
E-mail me at Saab82@xxxxxxxxxxx .
------------------------------
Date: Sat, 24 Jan 1998 17:22:23 -0600
From: "Jameel Ahed" <ahed@xxxxxxxx>
Subject: DML: you read my mind
"Even the used car pricing guides are based on what the cars are actually
selling for. Hold out for higher prices and the "book value" goes up."
My sentiments exactly!
Jameel
------------------------------
Date: Sat, 24 Jan 1998 17:15:19 -0800
From: Matt Peak <mpeak@xxxxxxxx>
Subject: DML: Bay Area Repair shops
Thomas,
A place that I know of located in Sunnyvale (45 minutes south of San
Francisco) is called Continental Motor Works. I had about $1400 worth of
work done by them in June including window regulators from PJ Grady. They
did a beautiful job installing them and I have had no problems at all. I
figure if they can do a great job on the Delorean windows, they can do a
great job on just about any part of the car (which they did). The owner,
Rick, is very friendly and confident with Deloreans, saying he works on
one
about once a month. Besides Deloreans, the shop specializes in Maseratis,
Alfa Romeos, BMWs, Mercedes, and Ferraris. I don't have their number with
me but they are in the yellow pages. If you take your Delorean to him,
please let me know what you think of his work. This is VERY important to
me.
Matt
------------------------------
Date: Sat, 24 Jan 1998 22:05:24 EST
From: medic-1@xxxxxxxx (A Johnson)
Subject: DML: VIN # ?
Hello to all, A friend of mine has aquired a DMC.
He says it has the following VIN #:SCED-T26-T8-BD0000215
To my understanding the FIRST VIN was:5000
The only thing I can think of if that the car is a DEMO or CRASH TEST
edition.
It is a manual trans. It looks just like mine in every way that I can
tell.
Does any one know if the VIN is in other places on the car?
Any ideas to this abnormality would be Appreciated.
Thanx
AJ
------------------------------
Date: Sat, 24 Jan 1998 21:27:50 -0600
From: edraffenetti@xxxxxxxx (Edward Raffenetti)
Subject: DML: D spotted
While driving in Wisconsin today, I spotted a DeLorean at a Classic Auto
Dealership on 1 94. I can't remember the name other than it was something
like Valente Classic Autos. The dealership was mainly classic muscle
cars, but I spotted the DeLorean in the back. There are a few inches of
snow on the ground in Wisconsin, and it looked like it has been there for
some time. I have no ther information, other than I drove past and it
caught my eye.
-Ed Raffenetti, 17 year-old DeLorean Enthusiast
"If the automobile had followed the same development cycle as the
computer, a Rolls-Royce would today cost $100, get a million miles per
gallon, and explode once a year, killing everyone inside."
-- Robert X. Cringely, InfoWorld
------------------------------
Date: Fri, 23 Jan 1998 17:18:13 -1000
From: "Thomas Smithson" <tsassoc@xxxxxxxx>
Subject: Re: DML: Insurance (was New Owner - New Web Site)
You might try ITT Hartford insurance. I live in Honolulu with very high
"no
fault insurance" and pay $668 per year for full coverage, which is the
same
for my Mercedes. Granted, I don't put a lot of mileage on either of them
as
I mainly drive my pick-up and ride my Harley but $1200 seems like a rip.
Give it a try.
Thom Smithson
VIN #3089
- ----------
> Your site also references the reasonable insurance cost of the Delorean
> which I have found to be the one Bigggggg drawback to the car. I'm 45,
> married, with no accidents or tickets in 10 years and the insurance is
> still $1200.00 a year. I have a Corvette and it is less than half of that.
------------------------------
Date: Sun, 25 Jan 1998 23:05:21 EST
From: JSteuben <JSteuben@xxxxxxx>
Subject: Re: DML: DeLorean buying
Hi Jim,
Any interest in a super good 81, black, auto, 45k with all of the
updates
and more? Sorry, I live in los Angeles. Give me a fax number and I'll
send
you some info. Regards, Joe
------------------------------
Date: Sun, 25 Jan 1998 23:58:09 EST
From: NJP548 <NJP548@xxxxxxx>
Subject: DML:Starting Problem...
Hey List,
I sorta have a starting problem with my DeLorean. It starts fine when
I
turn the key, but when I just put my foot on the gas pedal it seems to
stall
right away. I called up Steve at USA DMC but He said that he never had
this
kind of problem with all the DeLoreans that he worked on. Also because I
live
on Long Island He told me to go down to PJ's (which I am Feb. 18th) and
have
Rob take a look at it and then have Rob call Steve and tell him what the
problem was with my car. I was wondering if anyone on the List has ever
had
this kind of starting problem and how they fixed it. Thanks in advance.
Later,
Nick
VIN#1852
------------------------------
Date: Sun, 25 Jan 98 21:56:23 -0700
From: James Espey <espey@xxxxxxxxxxx>
Subject: DML: New to the DeLorean Mailing List
Coming in February to the DeLorean Mailing List, listings of cars and
memorabilia for sale private parties. Watch the website and DeLorean
Mailing List for more details on this new service to the online DeLorean
community.
James Espey
Moderator, DeLorean Mailing List
http://www.dmcnews.com
------------------------------
Date: Mon, 26 Jan 1998 07:54:38 -0500
From: Marc A Levy <malevy@xxxxxxxxxxxxxxxxxx>
Subject: Re: DML: Hypothetical Implications of Legend Turbo
lseiler@xxxxxxxxxxxx wrote:
> <SNIP>
>
> concluded that the current low price is the direct result of current
> owners
> selling at low prices. The fact is there has always been a very limited
> number of DMC-12's to begin with, and that the current owners have 100%
> control of the value of the DMC. If current owners are quoting low prices
> and taking low prices, then they have no one but them selves to blame. The
> "Public's" view of the value is of no consequence as to the value of the
> DMC, it's the owners alone who decide the price, if "we" owners value the
> DMC low then that's it's true value, and in the same light, if "we" owners
> value the DMC High, then it's true value will be high. To push the price
> of
> a DMC up only requires that we all demand the higher amount to make it so!
> I don't think any one who has stopped me to talk about my DMC has
guessed
> under 40K, which suggest to me that the low current value of the DMC is
> self imposed by current owners. I suggest a case in point...., there is at
> least one person who consistently blithers on this
> list about how expensive this part or that service is. It's this sort of
> "poor mouthing" that detracts from the value of the DMC. It goes with out
> saying that if one thinks small (poor) then one is viewed that way. Maybe
> if "we" owners expected and demanded more for our DMC's things would
> change. When I am asked what I paid for "that", ......I say "you would be
> surprised!"
This is a thread that we had a while back. I dont think it was ever
resolved, it just kinda died out.
Supply and demand is at work here. The supply of Deloreans is low, but
the demand is even lower.
As a owner, if I needed to sell my DMC, I would be stupid to think I
could get 30K+ for mine when a decent delorean could be had for under
$18K. I would have to wait a real long time for a sucker to sell mine
for $30K!
I agree, that the average person who does not know much about deloreans,
or the value, would think it is worth 40K or more, but when you tell
them they can get one for under 20K, do they go and buy one?? I guess
some would, but does that mean we should be educating potential car
collectors that a DMC can be had for under 20K?
Bottom line is, if you want to sell your DMC, you have to be asking fair
market value, and that is based on what others are selling their cars
for.
I'd love for the value to go up, but the only way that is going to
happen is if demand goes up.
------------------------------
Date: Mon, 26 Jan 1998 08:20:51 -0500
From: Marc A Levy <malevy@xxxxxxxxxxxxxxxxxx>
Subject: Re: DML: Radio Face???
NJP548 wrote:
>
> part
> that lights up to tell you what radio station your listening to is where
> the
> tapes go in. I first thought it didn't work because the face wasn't lit
> up.
> Then i put a tape in it parts of the face lit up. I was wondering if
> anyone
> on the list ever had this happen and if they know how to fix it.
>
Common Problem.. Someone was working on replacement ribbon cables, but
I think it would be just cheaper to replace the entire radio.
------------------------------
Date: Mon, 26 Jan 1998 08:02:14 -0500
From: Marc A Levy <malevy@xxxxxxxxxxxxxxxxxx>
Subject: Re: DML: Re:Insurance
C. Longwisch wrote:
>
> I have looked at most of the collector car insurance but all that I have
> contacted have said absolutely no driving the car even one day to and from
> work (only 6 miles!) or on errand trips like to the store etc. I just
> don't
> want to restrict my enjoyment of the car this much.
This is the exact reason I have "Stated Value" policy.
The car is insured as a secondary car on my regular policy, with a
stated value of the car. I am told that there are some loop holes in
this type of policy, and to be honest I have not really investigated it
too much because the loop hole information came from a conversation with
a agent from a specialty insurance company. (He was trying to push his
policy)
I decided not to use the special policy because of the restrictions.
Anyone know of a special policy that does not have them??
Anyway, I am paying about $1200 per year for my DMC insurance, with a
$500 deductible. Yea, that is a lot but I live in New Jersey!!
------------------------------
Date: Mon, 26 Jan 1998 09:51:24 -0500
From: gbirtz@xxxxxx
Subject: DML: RE: going rates
Following Lee's train of thought. I couldn't agree more. The price of
Delorean is completely in our control. Patience is the key here. If wee
willing to hold out for a higher price, eventually we'll get it. We have
to sell the cars to people who really want them instead of people who
just want a affordable sports car !
Of course , on the other hand, I'm really glad I could get mine so cheap
! which begs the question, is it really in my (our) best interest to
jack the price up? Personally I didn't purchase mine as an investment
and couldn't care less if the most I could sell it for would be $10 !!
Because I don't want to sell it, I want to drive it !
well... there's my two cents !
Geoffroy
------------------------------
Date: Sun, 25 Jan 1998 14:54:49 -0800
From: kseel@xxxxxxxxx
Subject: Re[2]: DML: Hypothetical Implications of Legend Turbo
I agree with Gary Hull wholeheartedly. The market value of any item
of which there is a limited supply is based upon the asking price.
In
the case of Deloreans there is a limited supply which is becoming
more
limited every day. The reality is that if people started
advertising
their cars for higher prices, the selling price of DeLoreans will
increase accordingly. Virtually all the people who admire my D
expect
a Much higher value than what I paid for it.
------------------------------
Date: Mon, 26 Jan 1998 09:26:31 -0700
From: raddad@xxxxxxx
Subject: Re: DML: Insurance (was New Owner - New Web Site)
Further to the insurance thread:
I second Tom Smithson's suggestion of the ITT Hartford. They underwrite
the AARP plan, which I have, and covered my D at what I consider to be a
reasonable premium for "full coverage" with substantial liability. Due to
a break-in, I submitted a claim to them within 30 days after getting the
policy and they were prompt and curteous; settling the claim with no
hassles. I would highly recommend them.
Dick Ryan
The Rad Dad
------------------------------
Date: Mon, 26 Jan 1998 11:51:29 -0500
From: Mike Substelny <SUBSTEM@xxxxxxxxxxxxxx>
Subject: DML: How to increase DeLorean prices
Marc Levy said:
> Supply and demand is at work here. The supply of Deloreans is low,
> but the demand is even lower.
Marc is dead on correct. In our economy both buyers and sellers
contribute to the price of a good. If more people wanted to buy
DeLoreans or fewer people wanted to sell DeLoreans then the price
would go up.
The best way to get more people to want to buy a car is to show it off in
public. Give people the impression that the DeLorean is both beautiful
and reliable. Make car enthusiasts with deep pockets lust for your
DeLorean!
The theory that "holding on" to a car will drive up its value is valid,
but
only if a substantial population of DeLorean owners do the same thing.
Right now there are simply too many DeLoreans for sale.
If you want to sell your DeLorean today you must ask market value for
the car. If you ask more then the car may not sell. The only real effect
that current owners (or even dealers) have on the value of DeLoreans is
how long they hold on to them. If every owner keeps their car for a
longer period, then at any given moment there will be fewer DeLoreans
for sale. Buyers will be forced to pay a higher price for whatever is
left
over.
The oft-repeated theory that "cherry" DeLoreans will be worth a fortune
any moment now is invalid. The cost of restoring a neglected DeLorean
is just not expensive enough to seperate the good DeLoreans from the
crummy DeLoreans by that much. Right now a really nice restoration
might cost you $10 or $20 thousand in parts or labor. That seems like a
lot of money, but it just isn't enough to drive good DeLorean prices up to
the $40 or $50 thousand range. The only things that could cause the
price of good DeLoreans to go that far above crummy DeLoreans are
DRASTIC increases in the cost of parts or labor.
Anyone who wants the value of DeLoreans to increse should do more
buying and less selling. A person who owns two or three DeLoreans,
keeps them for 30 years, and shows them in public frequently is doing
their part! This type of action will raise the value of ALL DeLoreans,
regardless of condition.
- - Mike Substelny
------------------------------
Date: Mon, 26 Jan 98 09:53:44 -0700
From: James Espey <espey@xxxxxxxxxxx>
Subject: DML: ADMIN NOTE: Recurring threads, FAQ's, moderation
A couple people, mostly longtime DML'ers, have emailed me as the
moderator in regards to the "recurring threads", or subjects that seem to
come up time and time again.
The DeLorean Mailing List is contstantly adding subscribers, it was just
a month or so ago that we hit 800 subscribers, this morning we are up to
875. With so many new folks coming in, we are bound to have the same
questions come up more than once. For the longtime readers of the
DeLorean Mailing List, this can get old, but occasionally some new
information will be added from one of the newer readers.
I strongly encourage both new and "veteran" DML'ers to utilize the search
engine set up for the back issues as well as the "Frequently Asked
Questions" created by Knut Grimsrud.
http://www.dmcnews.com/search.html
http://www.dmcnews.com/faq/
I have noticed that I am actually "moderating" the list more and more
these past few months, weeding out the postings that are off-topic,
personal business or re-hashes of a previous postings. Some of you may
also have noticed that I am using the (SNIP) feature in your replies to
keep the length of individual messages shorter, which therefore allows
more messages in each digest.
As the DeLorean Mailing List continues to grow, I ask for your patience.
It has already exceeded my expectations for it, and now it appears that
it's appeal and growth potential are further reaching than I had ever
hoped.
Thank you!
James Espey
Moderator, DeLorean Mailing List
http://www.dmcnews.com/
------------------------------
End of dmcnews-digest V3 #324
*****************************
Postings to the DELOREAN MAILING LIST are the opinions of the author and
not necessarily those of the list moderator (James Espey) or his
Internet
Service Provider(s). The list moderator makes every effort to screen out
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of the DELOREAN MAILING LIST, to realize that nothing should be taken as
actual fact without research and investigation of your own.
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