The longstanding estimate of $25K for a Daily Driver seems to be long gone.
What do you say the average cost of a Daily Driver (as it sits) is in the current market?
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The longstanding estimate of $25K for a Daily Driver seems to be long gone.
What do you say the average cost of a Daily Driver (as it sits) is in the current market?
Serious question: what is a DD "as it sits?"Quote:
Originally Posted by Ron
Carb conversion.Quote:
Originally Posted by Rich_NYS
I see it as a turn the key and drive without fear.... as they say... all sorted out... today that is 35,000+
Exactly.
Until recently, the consensus seemed to be that a DD ran about $25K and the cost to make a $15K D a DD was $10K; a $20K D, $5K...
But many pointed out that it would depend on what was wrong with it, the mechanical skills of the new owner, etc. I don't want to include these.
Fully serviced car now is like 40k or more, and climbing!
For a car i would consider "good" and worth DDing i havent seen many below 37k
Yep, paid 37k for my daily driver back in January. Of course, this was in California. Not sure how prices vary across the states, or in other countries.
How does the cosmetics play into this figure? I wouldn't hesitate to drive mine across the country right now but it needs facsia paint, panel alignment, new seats and carpets badly. I've found it hard to compare my car with any others since it's so rare for one to be mechanically solid and clean underneath but lacking cosmetically.
Quote:
Originally Posted by Silverbullet
+1 on this. A DD runs well/reliably regardless of cosmetics.Quote:
Originally Posted by vwdmc16
Hagerty says a DD with cosmetic issues is a #4 car in their collector classification. At the moment they value such a DeLorean at just under $25K.
From their general collector car valuation classification webpage:
#4 vehicles are daily drivers with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. "Fair" is the one word that describes a #4 vehicle.
This doesn't mean that a better-looking DeLorean worth over $30K can't also be used as a DD, as some of us may do.