500 Mile 82 on BAT

[OverlandMan]

https://bringatrailer.com/listing/1982-delorean-dmc-12-4/

This one will be interesting to watch

[Jonathan]

Wow, interesting to watch is right. Quite the car. Haven't seen a catalytic convertor heatshield as intact as that one before.

Needs a couple of these: http://store.delorean.com/p-6980-wiper-nut-cap.aspx

[eight8toy]

Doesn't seem that clean for 500 miles. Why do I wonder if the angle drive was "broken" for a few years...

[Col Bennett]

Doesn't seem that clean for 500 miles. Why do I wonder if the angle drive was "broken" for a few years...

+1

Generally lovely with lots of original details. A few quick observations.

— Front fascia warping at the corners. Lots of general visible lift above the light bezels.
— Facias look repainted. Seems to have the incorrect fascia paint for a late VIN car. Definitely glossy. Should be matte.
— The rear fascia looks repainted too. The black urethane bumper looks very glossy.
— …Which would make me ask why a 500 mile car needs repainted fascias?
— Hood alignment to the fascia is off. Front hood edges protrude at the far left and right.
— The lower front spoiler is pretty scratched-up and worn for 500 miles.
— Rear louvre has a lot of patchiness and scratches on closer inspection. Might be a poor detail.
— Left knee pad is weirdly aligned to the dash.
— Damage to the right of the binnacle.
— Electric window switch is wonky.
— Seat covers look very poorly fitted with staining on the passenger leather.
— Discoloration (and warping?) on the center console next to the ash tray.
— Rust on the hood hinges and ground wire.
— Transmission housing looks heavily weathered with staining on air deflector plates.
— Springs and shocks look pretty worn for 500 miles.
— Fluid staining on rear frame with a few rust spots.
— Fuel closing plate has very rusty washers and bolts.

Nothing that can't be made better with some effort, but I'm seeing a lot of wear for only 500 miles which makes me think it may have a lot more miles on it.

Put it this way. My car has 39k pampered miles and has original parts that look newer than this car.

Either way, I still think this could fetch a v-good price.

[DMC-81]

This looks like a very good car, but, if it is truly a 500 mile car, it was stored improperly at some point due to the rusty fasteners & hardware on the exterior as mentioned. In addition to what was mentioned:
- the lower door seal is warped and needs to be replaced
- the inner door seal has been replaced with a non OEM version that doesn't have the proper integrated wipe. They are already torn as well
- the top of the fiberglass tub in the engine area looks like it was painted with an incorrect glossy paint ( or it has a lot of Armor All on it)

These are minor things to be sure, but if any car deserves concours correct parts, it would be non-titled 500 mile car from the original dealers collection.

This would make me question the claim of the miles and history. Maybe it was sold to a flipper that didn't do the refresh work correctly.

[steve]

Is this the one listed 1 or 2 year back from Virginia? My search did not bring up anything. If it is I can shed some light on the subject.

Steve

[micmak]

It looks so nose-high in the video, it almost looks rediculous.

[peternikkiskinner]

Steve, I think I may also have seen this D before. There was one owned or being sold by a Jack Singer, DMC12.com, from Virginia, which had very similar miles on it. The gaps in the fascia around the headlights look familiar. The owner told me he had sold it to a buyer in CA for $40k and that he had done quite a lot of work to the car before selling it. I remember seeing the Dealership name which is the same Dealer as this one?? Perhaps not the same one......


Is this the one listed 1 or 2 year back from Virginia? My search did not bring up anything. If it is I can shed some light on the subject.

Steve

[Dangermouse]

This is definitely Jack's old car from VA.

http://dmctalk.org/showthread.php?13690-1982-Delorean-Only-500-miles-never-registered-original-Certificate-of-Origin-50k

which makes the current ad slightly misleading in that it implies that it sat at a dealership for 36 years.

You'd think they would have fixed the rev counter by now :)

[eight8toy]

Interesting that from the ebay listing over a year ago it had 504 miles showing and then on BAT it now has 506. The listing shows a video of it driving and they mentioned it passed SMOG.

I put on more than 2 miles driving back and forth to get mine SMOG'd from my house....they must trailer this thing everywhere!

[Col Bennett]

It looks like the miles may be original, but given the underside condition and minor corrosion issues I mentioned above, it looks like it hasn't been stored very well over the years. Nothing that can't be improved obviously.

I found a YouTube video posted by the original owner showing the engine bay while the car is running. It looks like it's been cleaned up a lot since then.


http://www.youtube.com/watch?v=ZxxBpWN57q4

It's currently sitting at $37k on BaT but I have a sneaky suspicion that the seller is looking for at least $50-$60k. I wonder if BaT auctions come with a reserve?

G-luck to the seller and buyer. Curious to see what it goes for.

[steve]

Ok then, now that we have determined it is Jacks old car which I knew all along because it spent its last 3 years at my facility. I bought Jacks other D. #20069.
The vehicle is legit at 500 + miles. The car ran but had issues upon arrival. We fixed AC. air lock in cooling system causing overheating. Panel alignment including
front and rear facias. Not responsible for paint choices. Very astute observations made by all. Can go into additional detail for potential buyer.

Steve

[Jimmyvonviggle]

It looks like the miles may be original, but given the underside condition and minor corrosion issues I mentioned above, it looks like it hasn't been stored very well over the years. Nothing that can't be improved obviously.

I found a YouTube video posted by the original owner showing the engine bay while the car is running. It looks like it's been cleaned up a lot since then.


http://www.youtube.com/watch?v=ZxxBpWN57q4

It's currently sitting at $37k on BaT but I have a sneaky suspicion that the seller is looking for at least $50-$60k. I wonder if BaT auctions come with a reserve?

G-luck to the seller and buyer. Curious to see what it goes for.

There are reserves on BAT unless it specifically states No Reserve. This is a pretty nice car. As others have mentioned there are a few minor issues. Reading the comments on this site is a bit rough, like being cornered at a gas station by people spewing out a bunch of BTTF references...funny ya haven’t heard that one before.

[OverlandMan]

sold for $52,500

[Jimmyvonviggle]

sold for $52,500

Plus whatever the auction fees are.

[OverlandMan]

Plus whatever the auction fees are.

I believe the way BAT works is buyer pays 5% to BAT via CC, then settles up with the seller for actual selling amount. The seller pays $99 to list the car, and there are some promos that can reduce that. I've bid on cars there before but never won anything.

So buyer pays $52,500 for the car and then pays an additional $2,625 to BAT (charged to his CC on file when the bid is placed; released if the bid ends up not being the winner).

[Col Bennett]

sold for $52,500

Interesting. Pretty much exactly what Matt Farah got for his DeLorean back in 2016 ($52k). If the seller bought this 500 mile example for $40k a few years ago, then a $12k profit (excluding any work that went into it) is not too shabby.

I'm starting to think that $50-55k might be peak-level DeLorean pricing for the masses - especially on "Bring a Trailer".

Matt's car was v-nice, but had a few rough edges. The benefit to Matt Farah's car was that it had been extensively restored by DMC CA - albeit with the non-stock Stage 2 upgrade. If I remember correctly, I think Matt Farah put $26k into the car. Given that it had been updated, $52k was a pretty good price for his car.

I'm not sure this 500 mile example has had a similar $26k restoration investment (of course, I may be wrong) so the buyer may need to spend more than he or she expects. Heck, the story of every DeLorean owner. ;)

Congrats to the seller and buyer.

[OverlandMan]

Interesting. Pretty much exactly what Matt Farah got for his DeLorean back in 2016 ($52k). If the seller bought this 500 mile example for $40k a few years ago, then a $12k profit (excluding any work that went into it) is not too shabby.

I'm starting to think that $50-55k might be peak-level DeLorean pricing for the masses - especially on "Bring a Trailer".

Matt's car was v-nice, but had a few rough edges. The benefit to Matt Farah's car was that it had been extensively restored by DMC CA - albeit with the non-stock Stage 2 upgrade. If I remember correctly, I think Matt Farah put $26k into the car. Given that it had been updated, $52k was a pretty good price for his car.

I'm not sure this 500 mile example has had a similar $26k restoration investment (of course, I may be wrong) so the buyer may need to spend more than he or she expects. Heck, the story of every DeLorean owner. ;)

Congrats to the seller and buyer.

Funny, I had recalled the same thing and actually looked up Farah's car on BAT's previous auctions. That car sold 2 1/2 yrs ago with $25k + in receipts for resto work from DMC-California like you mentioned. It also had 4400 miles on it, which is not the ultra-low mile example of this one but still very minimal in terms of miles. That combined with the time between that auction and this one still indicates to me the market continues to trend upward. Hagerty has #1 Concours condition examples at $61,500; up almost $10k from about this time last year. I think they calculate their values from recent auction prices. Granted, they are going to be "high" because they want you to insure your car for more $ which equals more $ for them.

I think this car may have brought more $ at a Barrett Jackson or similar type setting.

[eight8toy]

I think this car may have brought more $ at a Barrett Jackson or similar type setting.

I was wondering if the people on BAT saw the link posted for this thread with all the details we noticed of minor things needing fixed and got nervous and didn't bid it higher up.

Great to see it command such a high price though regardless.

[Col Bennett]

I was wondering if the people on BAT saw the link posted for this thread with all the details we noticed of minor things needing fixed and got nervous and didn't bid it higher up.

Great to see it command such a high price though regardless.

I think $52k is a good price for this car considering the issues already pointed out in this thread. If it didn’t have these issues, I think it could have gotten a much higher price at Barrett Jackson.

For me, I’ve seen much nicer condition cars with tens of thousands more miles than this one. The low mileage obviously helped drive the price up here but the condition doesn’t reflect the low odometer reading.

As an advocate for top tier DeLorean values, this auction makes Matt Farah’s car seem like a steal by comparison at $52k knowing that it got a full $26k restoration pass from DMC CA.

Either way, this is still a very nice car and I’m sure the owner will be delighted.