Re: [DML] Disputing the $25,0000 rule
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Re: [DML] Disputing the $25,0000 rule



Guys,
I would dispute the $25,000 rule but perhaps not the $17,000 rule.
I purchased a Delorean (March 2003) in completely original condition, and I mean original as in no modifications and original tires etc. etc. .. Nothing had been changed.
It had 24,300 miles on it. I paid a mechanic to do nearly everything.
I ended up with about $16,000 in this car and it runs like new. I still have some minor cosemetics to due but the car looked mint to begin with except for the drivers seat cover and some paint touch up under the hood. I've made all modifications on this car and I wouldn't be afraid to drive it across country.
I intend to do the simple touch-ups which I expect will amount to another $1,000.00 to $1500.00 and I currently have about $16,000 into this car. At that point, it will actually be a show car. What's interesting is that I felt I paid about $1500.00 too much for this car because of the risk factors with buying a car that's not running. These are very beautiful automobiles and as I watch this web site I notice that the trick to this car is to understand it. I do not enjoy working on cars but I enjoy understanding them. If you do that, you can direct your mechanic very economically.
Sincerely,
Dale Funk
Vin#4984--Da'Funk



From: billsfanmd@xxxx
Reply-To: dmcnews@xxxxxxxxxxxxxxx
To: dmcnews@xxxxxxxxxxxxxxx
Subject: Re: [DML] Disputing the $25,0000 rule
Date: Thu, 06 Nov 2003 11:02:32 -0500

Andy,
What I think is also amazing is that you probably did most of the work yourself....probably up to and over 1000 hours...if everything had to be done by a shop the total would probably go to $40k+.


Mike C





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