Re: why are people so insane?

["therealdmcvegas <DMCVegas@xxxx>" <DMCVegas@xxxx>]

Who's to say that $50K isn't too low of a price? It's all about supply and 
demand, and the car itself. Especially when comparing to 502. Both of these 
cars are unique in themselves, and really have no price range to be 
compared to. Although granted there have been maybe a handful of low 
milage cars that have been sold in the past. But even then who knows what 
the prices they sold for were since these were private transactions. It's total 
apples to oranges at this point. These are two totally seperate cars in their 
own historic catergories.

Prices should go up in the future, but we probably won't see any significan't 
change within the next 2 years. Far better examles of the marque have been 
presented. When I first asking around about DeLoreans, many people related 
impressions of the cars that they had seen at auctions where they couldn't 
even move under their own power, and needed to be pushed up onto 
platforms to be auctioned off, or of people that they knew that owned one, and 
couldn't find parts. Now adays it's mostly of sightings they've seen on the cars 
on the road, and how surprised they are to actually see them. So I end up with 
alot of the same questions about where I find parts at. Interestingly enough 
they seem quite happy to hear about the availability, and seem a bit more 
interested in the car at that point. This is one reason that I too have high 
hopes for the lowmilage car going on sale next month at the Barrett-Jackson 
auction in Scottsdale, AZ. From the description and photos, it appears to not 
only be a flawless car, but one that has also been mechanicly cared for quite 
well. If the price on this car is good enough (which it should be given the 
renewing interest in the DeLorean), then we should see a nice overall 
increase of the value of our cars across the board. There is also a second car 
available, but no info is provided for it. Hopefully it's condition will not affect 
the other car's value negatively.

But is the car that you are looking at worth $50K? Hard to tell really without 
seeing both the car, and what is included in with it (documentation, 
accessories, etc...). But if it were flawless, came with all documentation, was a 
one owner car, and was mechanicly maintained and sound, then yes $50K 
would be an accetable price. After all the car in itself has now become quite 
rare with all of these attributes. And of course comparative to the prices 
currently set by other DeLorean shops. Now will the owner get that price? Not 
likely at this time, no. He/she is selling it too early IMO. Interest is not quite up 
where it should be yet. Give it some time though. In about 7-9 years, you'll 
start to see broken down, sat for so many years, I can't afford it type, yet 
repairable cars easily go for about $13-15K.

-Robert
vin 6585 "X"



--- In dmcnews@xxxxxxxxxxxxxxx, "spaceace3113 <spaceace3113@xxxx>" <
spaceace3113@xxxx> wrote:
> on the for sale page theres a delorean with 53 miles on it....the 
> seller is asking 50,000 for it...i was seriously gonna make a 
> respectable cash offer until he threw 50gs out there...just think 
> for 20gs more you can own #502,backed by Rob Grady too...happy 
> holidays