[DML] The DeLorean Marketplace

[Ann & Ed Thompson <RappaRivaRat@xxxx>]

This article by Keith Martin appeared in "The Market" column (page 30)
of the March 20 issue of "AutoWeek" <http://www.autoweek.com/>:

Quote:

KEITH McCORMICK AUCTION
PALM SPRINGS, CALIFORNIA
DATE: Feb. 26-27
CAR: 1981 DeLorean DMC-12 two-door gullwing coupe. Red over gray leather. Five-speed
manual. Average quality respray over wavy body. Crooked nose piece and headlight
surround. Leather cracking. Aftermarket rear window louver. Poor panel fit all
around. A DeLorean that might not make it back to the future.
RESULTS: Sold at $8,505

Of the 8742 DeLoreans built, all but three left the factory with their stainless-steel
exteriors brushed rather than painted (for the truly taste-challanged, three were gold
plated). Most painted DeLoreans are using the paint as a way to hide Bondo and other
crash repairs that would be immediately evident on a pure stainless skin.

Perfect DeLoreans, with low miles, and all the necessary updates, can sell in the 
mid-$20,000 range. However, ratty old dogs like this one are lucky to find new owners
at half that amount. As a collectible, DeLoreans have shown little evidence of 
increasing in value, and have stayed in the $15,000-to-$20,000 range for a decade.
Even though their styling is aging well, their collectibility is hampered by the
anemic performance from their 130-horsepower 2.8 liter V6. -Keith Martin

End quote.

BTW, the cover story of this issue is on the 400 hp BMW Z8 roadster. What a honey!
BMW says that all of the first model year's run are sold (sticker at a mere $128,000).

Regards,
Ed Thompson (#6419 since 1982)