Re: [DML] Re: Should I buy this Delorean?

[R Holden <royceholden@xxxxxxxxx>]

Thanks David,

I see what you're saying.  I will go look at it
Saturday.  I will ask the seller to get it in running
order, that way, if he says no, I won't make an offer,
or make the lower offer.

I wouldn't mind starting with a $15,000 Delorean, if I
can find one.


--- David Teitelbaum <jtrealty@xxxxxxxxxxxxx> wrote:

> $10,000 for a non-running Delorean is on the high
> side especially when
> you say it needs interior work. I think your
> estimate of $5-7K is low.
> You will do a complete rebuild of the cooling
> system, much of the fuel
> system, some electrical work, upgrades and recalls,
> complete rebuild
> of the brake system, struts all around (except the
> doors), tires, A/C
> work and numerous other things. The transmission can
> be one of the
> more expensive items to get going and you can't even
> properly evaluate
> it if the motor doesn't run! Add to that there could
> be frame damage
> from rust and realize you can buy a running car
> (maybe not in perfect
> shape but a whole lot better than this one) for
> $15,000 and it doesn't
> make sense to buy this one for $10,000. At least not
> in economic
> terms. More realistically it will cost you over
> $10,000 in parts if
> you have to do a transmission. And that doesn't
> include your labor or
> the time it will take. When you buy a car that
> doesn't run you are
> essentially buying a pile of parts that just happens
> to LOOK like a
> car. You really can't know what you are buying
> because there is no way
> to properly check it. A non-runner with good panels
> and glass, a clean
> title, and pretty complete is worth around $5,000.
> Now if you put
> $10,000 into it when you finish it will be worth
> $15,000, if it comes
> out really pretty maybe $20,000 but you will wind up
> putting in more
> than $10,000. The venders will love you!!!!! If you
> do go ahead and
> buy it your best bet is to try to do as big a buy of
> as many parts in
> as few orders as you can. This way you can bargain
> for discounts and
> save on shipping. Only you know what your level of
> skill is. If you
> have to start giving out a lot of work (frame
> repair, trans work, A/C,
> glass, straightening panels) you will blow right
> past that $7,000 real
> fast!
> David Teitelbaum
> vin 10757 
> 
> 
> 
> --- In dmcnews@xxxxxxxxxxxxxxx, "R Holden"
> <royceholden@...> wrote:
> >
> > I'm working on getting the VIN, but it's an early
> one, in the 0700 
> > range I think.
> > 
> > The current owner has owned the Delorean since
> 1985, it's an automatic 
> > with a black interior.  It has not been started in
> about 8 years, but 
> > it has been garaged for about 15 years.
> > 
> > It has some wear on the seats, cracked I think,
> have not seen it yet.  
> > Owner states that it has about 36,000 miles on it,
> the engine has 
> > a 'pinging' sound (when he started it last),
> transmission has been 
> > known to be 'stuck' in DRIVE, unless one takes the
> fuse out behind the 
> > seat.
> > 
> > Fuel pump has been replaced recently.  Owner has
> new struts and rubber 
> > seals for the doors, but has not installed them. 
> Current rear tires 
> > are not the right size profile.
> > 
> > Price will be around $10,000.  I will have to load
> it up on a trailer 
> > (since it doesn't run) and fix it.  Is it worth it
> to fix?  I'd be 
> > willing to put another $5-7000 into it to get it
> top notch if possible.
> >
> 
> 
> 


Royce Holden
-----


      ____________________________________________________________________________________
Fussy? Opinionated? Impossible to please? Perfect.  Join Yahoo!'s user panel and lay it on us. http://surveylink.yahoo.com/gmrs/yahoo_panel_invite.asp?a=7 



To address comments privately to the moderating team, please address:
moderators@xxxxxxxxxxx

For more info on the list, tech articles, cars for sale see www.dmcnews.com

To search the archives or view files, log in at http://groups.yahoo.com/group/dmcnews 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/dmcnews/

<*> Your email settings:
    Individual Email | Traditional

<*> To change settings online go to:
    http://groups.yahoo.com/group/dmcnews/join
    (Yahoo! ID required)

<*> To change settings via email:
    mailto:dmcnews-digest@xxxxxxxxxxxxxxx 
    mailto:dmcnews-fullfeatured@xxxxxxxxxxxxxxx

<*> To unsubscribe from this group, send an email to:
    dmcnews-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/