VIN 2545 for sale at Streetside Classics in Atlanta GA.

[Chris Burns]

Nice black interior 5 speed car!!

https://www.streetsideclassics.com/vehicles/4048-atl/1981-delorean-dmc-12

[nullset]

If someone is interested, I'd be happy to go look at it for them.

[Jonathan]

Wow. Is this what a $50k car looks like now? That car has a few too many odds and ends either missing or requiring attention to justify that high a price.

[Soundkillr]

Give them a few months, and they will take a realistic 40k....

[Dangermouse]

I like a car with lots of documentation, though why the seller thinks that a receipt for someone else's 22" wheel and tires is helpful in this case, I'm not sure. :elmo1:

Which also makes me question the accuracy of the receipt for the new fuel pump which was sold to a wholesaler in Tampa, while the car has clearly not left GA

[louielouie2000]

Wow. Is this what a $50k car looks like now? That car has a few too many odds and ends either missing or requiring attention to justify that high a price.

I suppose it's all a matter of perspective. I've seen quite a few cars advertised by the vendors at the same price point that aren't nearly as nice.

[Jonathan]

Yea, consistency on what these cars list (or sell for) is all over the map.

It was only a month or two ago when two different cars sold for what appeared to be $23,900 USD. One was on consignment through Midwest and the other might have been on here. They both looked like good drivers without any huge issues or problems.

The car Chris mentioned in this thread doesn't have any huge issues or deficiencies either, but $50k is a long way from $24k.

[dodint]

I'm looking to purchase in late spring, I don't see the sense in buying right now and then putting the car away for the winter. I was set to purchase in 2016 but I got promoted and moved across country so everything got shuffled up and I'm just now getting stable again. I had planned on ~$35k being the entry point for a very solid car that wouldn't need much. I started looking at ads again this month and it seems like everything is listing at $42k+ now. I was really discouraged until I looked to see what cars are selling for rather than what they're listing for. There is a nice looking example in Idaho that has listed and failed to sell on eBay a bunch of times that just relisted for about $3k less which is encouraging for a buyer. More support for my position that buyers set the market, not sellers as some would hope.

I'm curious if the Delorean movie and the documentary coming in 2018 will affect the market at all. If it does I assume there will be a drop about 12 months later as those cars hit the market again.

[Michael]

Buyers/non owners: Dear God that's waaaayyyy too much!

Sellers/Owners : Dear God that's a steal at that price!

[dodint]

So you didn't read the thread, then?

At least you're consistent.

[Michael]

So you didn't read the thread, then?

At least you're consistent.

Just a little insight I have picked up over the last 12 years in the game and 9 years as a owner. If I'm honest I see a lot of owners bitching about a car that sells for more than the accepted collective value given to it...which always puzzled me on two fronts. Why would a owner be upset to see his asset appreciate and why is everyone so locked into the fact that all DeLoreans are 25k and that will never change? See bitcoin this year?

[nullset]

$50k is the gas station price of my car.

Meaning, whenever I'm trying to get gas and someone tells me they want to buy it.

$50k in cash and I'll go get the title right now!

[dn010]

They should really lower the price by at least $10,000 for lacking a DMC issued lower engine cover prop stick.

[Nicholas R]

Just a little insight I have picked up over the last 12 years in the game and 9 years as a owner. If I'm honest I see a lot of owners bitching about a car that sells for more than the accepted collective value given to it...which always puzzled me on two fronts. Why would a owner be upset to see his asset appreciate and why is everyone so locked into the fact that all DeLoreans are 25k and that will never change? See bitcoin this year?

Its funny you mention the $25k. Remember when the $25k rule was all the rage? "Whether you buy a nice one for $25k, or a project for $15k and put $10k into it, every DeLorean is $25k." I remember hearing that on the forum and in the community all the time. Heck, I remember telling people that at car shows. Granted it's been quite a few years now, but it's interesting how the market changes. I feel like it's been at least 5 years since I've heard it said seriously. I suppose there isn't really as much of a rule of thumb anymore. It seems like nice cars have gone up in value a lot faster than project cars have.

[louielouie2000]

Yea, consistency on what these cars list (or sell for) is all over the map.

It was only a month or two ago when two different cars sold for what appeared to be $23,900 USD. One was on consignment through Midwest and the other might have been on here. They both looked like good drivers without any huge issues or problems.

The car Chris mentioned in this thread doesn't have any huge issues or deficiencies either, but $50k is a long way from $24k.

Checking out the DeLoreans that have sold on eBay recently tells a much different story than these rather schizophrenic asking prices we've seen lately. Since August 31, here are the completed sale prices in ascending order:

$6,000
$16,900
$21,400
$23,900
$27,520
$28,000
$32,000
$36,950
$45,000

That equals an average sale price of $26,408 and a median sale price of $27,520. Not quite the $50k everybody is asking for DeLoreans these days.

[dodint]

Yup, that's the data I was alluding to earlier. A small part of the marketplace but interesting nonetheless.

[Michael]

Checking out the DeLoreans that have sold on eBay recently tells a much different story than these rather schizophrenic asking prices we've seen lately. Since August 31, here are the completed sale prices in ascending order:

$6,000
$16,900
$21,400
$23,900
$27,520
$28,000
$32,000
$36,950
$45,000

That equals an average sale price of $26,408 and a median sale price of $27,520. Not quite the $50k everybody is asking for DeLoreans these days.

Your own data contradicts your statement that everyone is asking 50k. In fact, it would seem that on eBay at least, nobody is asking 50k and selling for less and in most cases, far far less.

Maybe the 45k car was a low mileage unicorn fetching a premium. The logic of factoring all sold cars to come up with a average is questionable at best. It may be fun to compare but imo it doesn't justify any asking price. If I have a mint condition car and some Yahoo comes up to me with eBay sales of 5 heaps saying my price is way to high then that doesn't change the value of my car. If however you had sales figures for cars in similar condition throughout a reasonable time window then you might have an argument.

I never have an issue with someone asking more than they would accept. It's quite common practice in pretty much every facet of sales, especially cars.

[David T]

Not knowing the actual condition of each car makes it difficult to know if the selling price was an actual reflection of the car's value. Your analysis is a nice statistical exercise but it is flawed without knowing the condition. In the car market prices are based on the value of a car in #1 condition and dollars are deducted for flaws, excess mileage, non-stock items, missing items, etc. Geography also affects the price as would any "provenance". Right now a perfect Delorean with low mileage is probably in the $50-60K range. We are way past the $25K but you can still find a good driver for that but expect cosmetic issues and a lot of differed maintenance items. On this car $50K is ambitious but a seller always starts out high so they have room to negotiate. You could probably get this car for $40K and from the looks of it, it is probably worth about that. Of course it would take an up close inspection and a drive to know for sure.

[Chris Burns]

https://m.youtube.com/watch?ebc=ANyPxKoediikuJb9r-XtPmRR0lAoeni2AlhbigtT7Wo1UIP17-0aumV8uPbRBGDWP7tpzOHBuEoCzbZSqenqdgVx4Pq2EE8ejg&v=dveQgA_hWz8