Location: Northern NJ
Posts: 8,578
My VIN: 10757 1st place Concourse 1998
This is old news but I just got my June HMN and it had the results for the Barrett-Jackson Auction. They had a perfect Delorean with 624 miles so it was an original condition #1. It sold for $62,500. The calculated average selling price is $50,000 so things are moving up. Of course any car with more miles or less than #1 condition will be worth some amount less, but when the top price moves up so do all of the values of lesser cars.
David Teitelbaum
Location: Bay Area, CA
Posts: 202
Club(s): (NCDMC) (DCUK)
I think this is a good price for an A1 car but what a lot of buyers forget is that a low-milage car could potentially mean a LOT of work and expense if the new owner wants to convert it from a minty garage queen into a safe, reliable updated driver. If you don't do the mechanical and electrical restoration work yourself the cost (parts and labor) could be anywhere between 15-30k and up and up and up and up…
You'll be at $90-$100k+ before you know it.
DeLorean DMC-12 (October 1981)
Manual transmission. Grooved hood. Grey interior. Rear antenna.
Obsessive perfectionist and 64th annual 2019 Hillsborough Concours D'Elegance class winner.
Location: Pittsburgh, PA
Posts: 363
My VIN: Between VINs
This thread: http://dmctalk.org/showthread.php?16...rrett-Jackson)
has discussion of that specific car and auctions generally.
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