Delorean prices...supply & demand

[billsfanmd@xxxx]

I have only been on the list a few months and consider myself a novice when 
it comes to most things concerning the DeLorean. However, I have spoken or 
emailed to many list members, sellers and other experts. I too am a little 
surprised why DeLorean prices are not higher. Between 1985 and 1988 I wanted 
my first Delorean but being just out of college and no clue how to even find 
the car or how to care for it I went for the next best thing i could find, a 
silver acura integra....cost $12,500.
I do remember calling an older gentlemen (I believe in ohio with kapac) who 
wisely talked me out of buying one. At the time there was no internet and few 
experts to turn to. 

Here we are 13 years later and I have finally bought my first Delorean. The 
price....$12,500. Same as my new 1988 Integra. Several owners have joked with 
me that when they pull into their local gas station people mosey up to them 
and think they are looking at a $100,000 car. The owner usually tells me they 
respond, "don't tell anyone but I'll make you a deal for $40,000"

It makes no sense why this cars value is not higher: It can never me produced 
again, impossible to duplicate, limited quantity and still looks ahead of its 
time. The only reason I can imagine is that there are always so many for 
sale. I think at this time there are over 100 currently on the market through 
the various websites. Some of these cars stay on the market for months with 
the seller lowering their price in frustration 

Perhaps like a painting only the death of the artist will bring the car the 
notorioty it deserves and increase it to the value we all expected. However, 
most of you drive it for the love of the car which is the reason it was 
built. It seems alot of the original owner cars are slowly turning up in old 
warehouses and garages. When these cars disappear from the market and the 
demand moves past the current supply we will finally see our car prices rise. 
The only solution is the same as all those internet stocks we all are 
holding...don't sell.

mike c