Mike, Congratulations! For the second time this week I have published your comments at on my new WebPages http://www.geocities.com/MotorCity/Flats/3755/dmcjoe.html Keep the great comments coming! DMC Joe / De Lorean Services / <dmcjoe@xxxx> Visit My New Web Page <http://www.geocities.com/MotorCity/Flats/3755/dmcjoe.html> Web Site: <http://www.deloreanservices.com> ----- Original Message ----- From: Mike Substelny <msubstel@xxxx> To: DML <dmcnews@xxxxxxxxxxx> Sent: Saturday, January 29, 2000 9:17 AM Subject: [DML] Supply or Demand changing? (was "DMC Prices") > Mike in NH said: > > > Several months ago I predicted that prices of the DeLorean > > would go down as the supply became more available over > > the internet. Before computers all we had were local > > advertisements, clubs and Hemmings. Today there are > > hundreds of D's For Sale listed on line. > > While I do not doubt the laws of supply and demand, I do disagree with > your logic. What makes you believe that there are more DeLoreans for > sale now than in the past? Do you suppose someone wanted to sell their > DeLorean, but decided to wait until the Internet was invented first? I > see no reason to make this assumption. > > I believe there have been plenty of DeLoreans for sale for 10-15 years > now. The number of sellers might decline, since some DeLoreans are > wrecked or cannibalized while no new ones are being built. The number > of sellers might also increase as 'investment' buyers are tired of > storing them. Neither of these is due to the Internet. > > The effect of the Internet is to expose each buyer to more sellers and > each seller to more buyers. Unless the number of buyers or sellers > changes, supply and demand will have no effect on price. > > If the Internet were to increase the number of buyers the price *would* > go up. I believe this is a possibility. Price would also increase if > more owners choose to hold onto their DeLoreans instead of selling > them. My sincere hope is that by making information about DeLoreans > easily available, the DML helps to make both of these happen. > > - Mike Substelny