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Thread: Valuation - DeLorean is "one of the hottest collector cars"

  1. #1
    Senior Member Rich's Avatar
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    Valuation - DeLorean is "one of the hottest collector cars"

    Here's a current piece about DeLorean valuations from Hagerty including some of the factors in its favor, not least of which is the vendor parts support. Thank you, vendors!

    LINK: Hagerty: "One of the hottest collector cars on the market"

    Excerpts:

    Now, with a Hagerty Vehicle Rating of 84, it is one of the hottest collector cars on the market. Seriously.....

    Meanwhile, the two-seat DeLorean DMC-12 keeps rising in both appeal and value. Its HVR rose two points since the previous rating, thanks to a spike in insurance quotes and policies, as well as a 1.7-percent increase in its Hagerty Price Guide values. The average value of a DeLorean in #2 (Excellent) condition is $46,300, regardless of model year. That’s nearly double its #2 value of $24,200 in 2011. Prices have risen 7 percent in the last year, 42 percent in the last three years, and 50 percent in the last five.
    Last edited by Rich; 07-23-2019 at 11:25 AM.
    March '81, 5-speed, black interior

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    AKA "The Goat" Michael's Avatar
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    Not a DeLorean Guru
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    That's dumb. People that pay that much for DeLoreans are dumb because DeLoreans are dumb. Mine is particularly dumb. You're dumb for reading this.
    -Mike

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    1981 DeLorean, Carb LS4 swap completed
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    Senior Member
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    Sitting home yesterday evening when a guy rings my bell, "Is that your Delorean in the driveway?"

    Yes, it is, what can I help you with?

    Guy: "Are you selling it?"

    Me: "No, I just got her a few months ago."

    Guy: "Can I ask you what she's worth?"

    Me: "Sure, as she sits 35-40K"

    Guy: "I'll give you 25K for her."

    Me: "Did you not hear me, She's not for sale and she's worth a minimum 10K more then that." Thanks for stopping bye and showing an interest.

    Guy: "Is that one of the Hi birds they made before closing shop?"

    I just closed the door.

  5. #5
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    So based on a “fair” condition value of $21,200 from Hagerty, would that make a poor condition car worth $10? I see Hagerty doesn’t go below fair, so this would just be conjecture. I looked at a car recently thats been sitting outside in a non running condition for nearly 30 years... wondering what a car like that could really be worth.

  6. #6
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    Quote Originally Posted by andyo View Post
    So based on a “fair” condition value of $21,200 from Hagerty, would that make a poor condition car worth $10? I see Hagerty doesn’t go below fair, so this would just be conjecture. I looked at a car recently thats been sitting outside in a non running condition for nearly 30 years... wondering what a car like that could really be worth.
    just to clarify my meaning, That's $10,000, assuming each condition tier drops the value approximately 10,000.

  7. #7
    Senior Member Josh's Avatar
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    Quote Originally Posted by andyo View Post
    So based on a “fair” condition value of $21,200 from Hagerty, would that make a poor condition car worth $10? I see Hagerty doesn’t go below fair, so this would just be conjecture. I looked at a car recently thats been sitting outside in a non running condition for nearly 30 years... wondering what a car like that could really be worth.
    As far as I understand and have seen non-running project cars go for, the "fair" condition lines up with that almost.

    There are no $10k deloreans out there anymore. Unless the seller is uniformed.

  8. #8
    02378 Since 1981 Delorean02378's Avatar
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    Josh is correct, there are no longer any sub $10,000 clear titled Deloreans for sale. With that said, I haven't seen any salvage sub $10,000 Deloreans for sale either. I'd say the majority fall between the $25,000 and $35,000 range. Obviously, there are exceptions. Someone on the forum used to have a chart with all the eBay sales from the previous year, it also showed an average price.

    Prices will continue to rise.
    Kirk

  9. #9
    "Former Delorean owning Guru" Spittybug's Avatar
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    Quote Originally Posted by Delorean02378 View Post
    Josh is correct, there are no longer any sub $10,000 clear titled Deloreans for sale. With that said, I haven't seen any salvage sub $10,000 Deloreans for sale either. I'd say the majority fall between the $25,000 and $35,000 range. Obviously, there are exceptions. Someone on the forum used to have a chart with all the eBay sales from the previous year, it also showed an average price.

    Prices will continue to rise.

    Or higher for a made-reliable car.
    Owen
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  10. #10
    Senior Member Totally 80s's Avatar
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    Article talks about prices rising then ends the article with this.

    More recently, and much closer to reality, a 1981 DMC-12 sold for $23,100 at RM Sotheby’s Auburn Spring Auction in May."

    That's the price of a Honda Civic.
    -Alex
    We work jobs we hate, to buy shit we don't need, to impress people we don't even like.

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