To Rebuild to Part Out - That is the question.
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To Rebuild to Part Out - That is the question.
- From: Bob Brandys <BobB@xxxx>
- Date: Sun, 02 Feb 2003 18:31:49 -0600
One thought that was not discussed regarding poor condition cars was
what happens to the titles of the parted out cars.
Right now there are Deloreans that are being parted out because of the
value of the parts.
If the Delorean does evolve into a very desirable classic car like a
camaro or mustang, titles from junked or "cut up" cars become valuable.
I have seen people resurrect Camaros and mustangs out of pieces from a
junk yard and use and old title to make the car legal.
The Delorean has great potential in this area.
First you buy a SS frame from Brian Pierce. Then you get left over
pieces of fiberglass bodies.
and the other parts that DMC has and you can build a Delorean. The
important piece though will be the title.
It won't take much for this to happen. Camaro and Mustang that are
totally restored can go for $20,000. There are people who find that
this is the price point at which putting a car together is economically
feasible.
So what should you do if you are stripping a D. First, of all sell as
many parts as you. Then give away what you can't sell. Finally, if
you have to get rid of what is left DO NOT GIVE IT TO A JUNK YARD AS A
CAR. Keep the title and cut up the rest and dispose of it in pieces.
That title may be very valuable in the future.
The more Deloreans that are on the road the more maintenance parts that
will be necessary and that will make reproducing parts more feasible.
Look what Shelby did with 75 left over titles from the 70's.
BOB
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