Re: [DML] Re: 001697 is no more,

[Vin 5386 <delorean_stainless@xxxx>]

Bravo Robert Bravo!

I love reading email like that! That is the perfect
idea there. Absolutely well said. I disagree with the
parting out of DeLoreans as well. All I know is when
you work on your D yourself, there is a special bond
that happens. The more you work the more you love it!
But this whole thing does bring up a good point. I
think it is important for every DeLorean owner to
re-evaluate there insurance policies and make sure
that these insurance companys are not going to rape
you of your D if this ever happens. Insurance companys
have to much power over what happens. From the time
you take out your policy there telling you what your
car is worth and when the time comes to use your
policy there telling you what is going to happen. Did
I miss something or are we "the owners" paying the
insurance company to work for us? since when did your
employee tell you what to do? I just think every D
owner needs to protect themselves from this form of
highway robbery, no punt intended. Get what ever type
of insurance you need to protect your dream. Make sure
you have the decition to take the money and run or
take your car home and save her. a cheap policy in the
long run is not always better because what you save
today may cost you tomorrow.

Todd
Vin 5386
--- therealdmcvegas <DMCVegas@xxxx> wrote:
> I'm gonna have to disagree with you on this one.
> Yes, some states will not 
> allow you to register a salvaged vehicle. This isn't
> a problem at all. If nothing 
> else, you could always "wash" the title. This
> happens to thousands of cars 
> every year.
> 
> And as far as repairing the car not being economicly
> viable, HA! Classic car 
> restoration is far from being economic anyhow! The
> only people who will 
> make ANY profit at all are going to be those that
> sell parts. Not us who are 
> restoring/rebuilding the cars. Personally, I've no
> problem with that at all. In all 
> truth, my DeLorean so far has cost me about as much
> as a new sports car 
> would have. Matter of fact, not just classic
> restoration, but even the purchasing 
> of a new vehicle off the showroom floor isn't even
> economicly viable! To hell 
> with driving the car off the lot, the moment you
> sign that contract you've just 
> devalued the car by 30%!
> 
> For James: If you do decide to part ways with your
> car, please do not part it 
> out. Consider first selling it to someone on the
> list here who will restore it. 
> However, if you do choose to rebuild it, then you
> will have a car that you will 
> never ever want to let go of. the payoff in the end
> will truly be great! Don't think 
> of this as the end of you car, think of it as the
> ultimate challenge for you and 
> your car. Will you accept, or walk away?
> 
> -Robert
> vin 6585 "X"
> 
> 
> 
> --- In dmcnews@xxxx, "David Teitelbaum"
> <jtrealty@xxxx> wrote:
> > It is probably way past economic value to have the
> car repaired. The 
> > only way it might be resurected is if you buy the
> car back from the 
> > insurance company cheap after they total it, buy a
> parts car, and do 
> > the majority of the work yourself. If you figure
> the cost of the parts 
> > AND LABOR it will come out to more than the total
> value of your car. 
> > Another option would be to buy the car back, sell
> off all the good 
> > parts and use the money from the parts and
> insurance payment to get 
> > another. In some States once a car is totaled by
> the insurance company 
> > the Title of the car is changed to a "salvage"
> title making the car 
> > worthless as it can no longer be registered.
> > David Teitelbaum
> > vin 10757
> 
> 
> 
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> 
> 

=====
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