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Thread: Hagerty 10-year prediction for DeLorean

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  1. #1
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    Hagerty 10-year prediction for DeLorean

    I just saw this in my Hagerty newsletter (https://www.hagerty.com/articles-vid...24/predictions) predicting 10-year prices of 50-65K.

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    Junior Member JAS037's Avatar
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    Quote Originally Posted by DMC1890 View Post
    I just saw this in my Hagerty newsletter (https://www.hagerty.com/articles-vid...24/predictions) predicting 10-year prices of 50-65K.
    My bet is they will do better than that.
    Jeff - 10591

  3. #3
    DMC Timeless's Avatar
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    Quote Originally Posted by JAS037 View Post
    My bet is they will do better than that.
    50-65K is now reality just 5 years in. (2017-2022)
    ~LXA~
    Dunmurry | Stuttgart | Leipzig | Munich | Tochigi | Fremont | Bratislava | Sindelfingen | Kansas City | Oakville | Coventry

  4. #4
    Senior Member DMC-81's Avatar
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    Quote Originally Posted by Timeless View Post
    50-65K is now reality just 5 years in. (2017-2022)
    True enough. I remember seeing this thread.

    Quote Originally Posted by JAS037 View Post
    Straight from the article: "Because the Gen-Xers who grew up with such television landmarks as Magnum P.I. and movies like Back to the Future are going to hit their peak earning years in the next decade, and you know what they’re going to want."

    To me, that translates into higher demand, which could drive the prices higher.
    This is me, so when I bought my car in 2013, I figured the cars would at least hold value throughout my generation's curve, but what I didn't count on was the strong interest from Millennials. Now with the possible re-emergence of the car and brand, who knows where it will lead for our car's value in the future.

    I know this, I have seen the marque's elevation in spectator opinion just since I owned the car. Part of that is a noticeable increase in the quality of the fleet at car shows, and that is partially a function of the increase in the car's value.

    All good things IMO.
    Dana

    1981 DeLorean DMC-12 (5 Speed, Gas Flap, Black Interior, Windshield Antenna, Dark Gray)
    Restored as "mostly correct, but with flaws corrected". Pictures and comments of my restoration are in the albums section on my profile.
    1985 Chevrolet Corvette, Z51, 4+3 manual
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  5. #5
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    Funny how a lot of people determined the reason for the increase in value is the movie. I think the movie definitely makes the car more “known”, but I don’t think it influences buying the car. I like this car because of the styling, doors, SS skin and engine placement. (In that order) The movie had no effect on me buying the car. Being more “known” is almost a detriment to me. But I did buy the car to drive. I suppose people that buy for a collection or investment have different motivations.

    Are Yellow Camaro’s going to sell in the future as kids growing up watching transformers age?

  6. #6
    Senior Member Bitsyncmaster's Avatar
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    I also bought my D without the movie aspect affecting my purchase. When the cars were announced, I said "Someday I will own one". I was lucky to get mine for 15 K before the value shot up. Don't think I would have bought the car at today's prices.

    The movie does make most people know it's a DeLorean and they love getting a photo with the car.
    Dave M vin 03572
    http://dm-eng.weebly.com/

  7. #7
    Senior Member DMC-81's Avatar
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    Quote Originally Posted by Helirich View Post
    Funny how a lot of people determined the reason for the increase in value is the movie. I think the movie definitely makes the car more “known”, but I don’t think it influences buying the car. I like this car because of the styling, doors, SS skin and engine placement. (In that order) The movie had no effect on me buying the car. Being more “known” is almost a detriment to me. But I did buy the car to drive. I suppose people that buy for a collection or investment have different motivations.

    Are Yellow Camaro’s going to sell in the future as kids growing up watching transformers age?
    Well, I don't know. What I do know is that I love the 1969 Camaro, and when I heard GM was retro-styling the 5th generation after the '69, I wanted one. The appearance of the car on the 2007 Transformers movie sealed the color that I wanted.






    Apparently this 2010 Camaro SS Transformers edition makes #4 on this list:
    https://www.hotcars.com/camaros-soon-worth-fortune/

    The car already gets compliments, but I mostly enjoy driving it.
    Last edited by DMC-81; 09-24-2022 at 09:42 PM.
    Dana

    1981 DeLorean DMC-12 (5 Speed, Gas Flap, Black Interior, Windshield Antenna, Dark Gray)
    Restored as "mostly correct, but with flaws corrected". Pictures and comments of my restoration are in the albums section on my profile.
    1985 Chevrolet Corvette, Z51, 4+3 manual
    2006 Dodge Magnum R/T (D/D)
    2010 Camaro SS (Transformers Edition)

  8. #8
    Senior Member Dangermouse's Avatar
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    Based on what?
    Dermot
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    I don't always drive cars, but when I do, I prefer DeLoreans

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  9. #9
    Not a DeLorean Guru
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    I'll be absolutely floored if they hit 50k.
    -Mike

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  10. #10
    Junior Member JAS037's Avatar
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    Quote Originally Posted by Dangermouse View Post
    Based on what?
    Straight from the article: "Because the Gen-Xers who grew up with such television landmarks as Magnum P.I. and movies like Back to the Future are going to hit their peak earning years in the next decade, and you know what they’re going to want."

    To me, that translates into higher demand, which could drive the prices higher.
    Jeff - 10591

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