Please help in determining valuation of my Delorean

[DMCVegas]

Anyone think it would be more beneficial to do a private sale and spend the $3000 to make it more desirable for prospective buyers?

Depends. Who exactly is doing the work, and how good are they? If you take it to a specialist that knows the car, especially DMCH, that would prove the work done is quality and appropriate. On the other hand, if the work done is not by a competent mechanic, especially one that does more damage than repairing, that might not be the best thing. That's why you should create a solid portfolio of the car if you wish to hold a private sale to ease the buyer's mind.

I'm not going to lie, $3,000 isn't anything to sneeze at. For most of us here, that's a pretty good chunk of change. But it's also pretty damn cheap for you as a way to get into DeLorean ownership. I mean, you have the car already, and it *technically* didn't cost you anything. So it would just be $3K for you to get behind the wheel of a running DMC-12. And of course you can do it at your own pace so that you don't have to spend all that money right now at this minute, let alone all at once. Most of all, if you ever want to get back into DeLorean ownership, it will probably be a very long time before the opportunity for you arises again.

So the first question in reality is: Do you actually want to sell this car?

Now if you're sure you want to, you've got a couple of things to consider for the second question: How do you want to sell the car? Your selling to a business such as DMCH, GCMW, or someone else will indeed alleviate allot of stress off of you. First is going to be the financial burden. Could you get more from a sale by investing cash? Sure. But the real question is if you can, and how much of a hardship would that place upon you? Sure, they're going to flip the car for a profit, but it's non different than what you're considering doing. But just like them, it takes cash, which they have. The second aspect of stress you don't have to deal with are scammers. Once you sell, you have the cash, and they also have all the risk of dealing with scammers and tire kickers. Selling cars on Autotrader, and especially damn Craigslist can be frustrating. But you won't have to deal with that. So in one aspect the price difference in selling is the price you pay for the convenience of not having to deal with all of this.

Now you don't have to answer to anyone here. But I would advise you weigh both your options as well as your desires to see what it is that you really want to do.

[GCMW Deloreans]

Hello all,

So about 17 years ago my Dad bought a Delorean from a lady in New York. The lady we bought it from had bought it for her husband back in 83. He rode it for a couple years and passed away in the mid 80s, he actually only put about 3500 miles on it. So for about 15 years the car sat in a garage till my Dad bought it in 2001. We had it shipped to Delorean Houston and got it running by replacing all the essentials (replaced all rubbers,cleaned out fuel system, and changed all fluids). Thereafter he brought it back home to San Antonio tx, but never registered it (only would drive it in the neighborhood, put about 250 miles on it over the course of a few months). He ended up getting extremely busy and started to neglect it, so it sat in a garage for another 5 years till about 2005. My Dad had always realized I had an interest in the car, so to my great appreciation he gifted it to me as he didnt have time or the money to be investing into the car. So over the course of the last 12 years its been in my hands. From the time of 2005 till today ive only put about 500 miles on it driving around the neighborhoods but never very far as its still never been registered to either my dad or I (still technically a one owner vehicle). The downside is for the last 12 years Ive neglected it as well, its largely sat for these last 12 years with times of actually starting it but never keeping up with it for more than a month at a time (got busy as well). Sorry for the long story cutting it short, for the majority of this deloreans life its been sitting. Only has about 4500 original miles on it, amd it is clean as heck interior and exterior is largely perfect, obviously sitting for the majority of its life so it engine wise it could have probably have benefited from more upkeep. Ill say this though anytime Ive wanted to get it running it has never been a problem for me to do so. I recently became motivated to sell it and I know ill prolly need to put some money into it to clean up the fuel system ( sitting for the a few years). So a couple of big picture items are: HVAC prolly needs some work as well as fuel system cleanout. My question to the forum is realistically/conservatively speaking what $ should I be asking for it once I get it running? Again, its got about 4500 original miles on it and its Vin # is in the 15000 range, late 82 model I believe.

Thanks in advance,
Mike

Hi Mike,

just checking in to see how you are making out with your Delorean. If I can assist you further, please let me know. I would be glad to work with you.

have a great weekend.

Mike

[djdogbone]

I'm in San Antonio. Have worked on a few. I can give it a look if you like. I'm in London until next week. If you're interested in having me have a look, PM me for contact info. If not, no worries.