Re: [DML] Re: Values

[rodney rael <rodrael1@xxxxxxxxx>]

On 1/20/06, Dan <djdanwilson@xxxxxxxxx> wrote:
>
> --- In dmcnews@xxxxxxxxxxxxxxx, rodney rael <rodrael1@xxxx> wrote:
> >
> > Ryan:
> >
> > Well Put!!... I agree wholeheartedly. The value of the car is to drive
> > it
>
> Okay, then I guess both of those '81 AMEX gold plated museum cars hold
> no value whatsoever, lol.


Dan:   I agree, the 3 gold D's have a completely different value system all
together, and due to the inherent "softness" of the gold plating should not
even be driven at all...


> and when I do at some point sell mine, it WILL get high book value due
> > to it's drivability and usefulness again due to it's drivability.
>
> It has also better be close to cosmetically flawless, like a concours
> car, as well as drivable if you realistically expect to get the NADA
> High Retail Value of $29,700 for it.




I'm not attempting to knock anybody's car. The reality is, no matter
> how "drivable" or mechanically solid a car is, if it's in mediocre to
> poor cosmetic shape, and needs restoration, it simply not going to

bring top dollar.

QUITE A BIG GAP BETWEEN "COSMETICALLY FLAWLESS"  and MEDIOCRE TO POOR
COSMETIC SHAPE.

anyway I would say it is in cosmetically excellent condition and very
dependable.

I would pose another question, how about the cars that are in say "excellent
cosmetic condition"  but don't run.  The "trailer queens"   what value do
they bring?   I wouldn't pay anything beyond mid value.

The other thing Dan, that you don't take into consideration is your very own
mindset.   If you don't believe a car is going to get beyond a certain
value, you simply won't be able to sell it for anything beyond that value.
For example,   I am a business owner and "hobnob" with the very very
wealthy,   many of these folks are somewhat eccentric, a little like myself
for even owning the car.    Anyway, I could have already sold 3300 for over
30,000 if I had wanted to.   I have a few standing offers to buy it for
$30,000.   once I get 10544 fully restored,   I just don't want to be
without the pleasure of driving the car.    My point is I put the value on
the car by my belief in it.   These folks also see the great condition the
car is in and the mechanically excellent condition and would gladly pay me a
fellow business owner that they respect without even researching or checking
values.   They see the value of my INDIVIDUAL car of which I set the value
myself.

I hope that make sense.   It is my reality.   Folks that live in $2million
dollar mansions have 30,000 in pocket change to spend on whims.     Dan,
forgive the verbose monologue but it is folks like you guys that hurt the
value of the car by deciding "arbitrarily" that you can't get more than a
certain value for it.   Perhaps you can't..   I Can.  BUT BECAUSE YOU DON'T
BELIEVE YOU CAN, AND THE OTHER DELOREAN OWNERS THAT DON'T VALUE THEIR
LIMITED EDITION CARS AND ARE WILLING TO SELL THEM FOR CHEAP, THEN THEY MAY
STAY RELATIVELY CHEAP.

RODNEY
3300
10544



Dan W.
VIN 16192
AZ-D








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