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OutOfTime
11-11-2012, 07:01 PM
I have wanted to buy and fix up a Delorean for a long time. Last week, my buddy stumbled across two well hidden barn finds and the owner is interested in selling. I spoke to the owners brother, and Im headed back later to meet with the owner.

One is an auto and the other is a 5spd. Milage is 10k on one and 15k on the other. The cars have been parked and not started in 5 years.

Im going to look in person this week. Knowing very little about the cars, and as always, never trusting an owner- what should I be looking for? I know already that rust is NOT an issue, they are California cars. If the price is right I will buy them both.

What are the MAJOR make it or break it things I should be looking for on these cars? If they are clean, but engines dont start, what is a good price to expect to pay, considering the mechanical risks Im taking?

Thank you!

ccurzio
11-11-2012, 07:11 PM
Do NOT try and start it. You do not want to try starting a car that's been sitting for five years.

cdrusn
11-11-2012, 07:20 PM
All you have to do is scroll through this forum and you will find lots of threads on repairs that have been required to get a Delorean started after years of sitting. As for how much it costs, getting it started seems to be fairly straightforward but it's all the other areas that have been neglected that really end up costing the big bucks such as: interior, tires, brakes, etc. If you can grab them for $8K apiece that would be a steal.:rock_on:

LEVY
11-11-2012, 07:20 PM
Rust might be an issue, make sure you check the frame, little to moderate rust should not be a problem. If you like what you see and the price is right, then go for it.

If you really wanted to buy at least one, do not post vin or location until you close the deal. If you end up buying only one or none, then post more info so others could have a chance to buy.

LEVY


I have wanted to buy and fix up a Delorean for a long time. Last week, my buddy stumbled across two well hidden barn finds and the owner is interested in selling. I spoke to the owners brother, and Im headed back later to meet with the owner.

One is an auto and the other is a 5spd. Milage is 10k on one and 15k on the other. The cars have been parked and not started in 5 years.

Im going to look in person this week. Knowing very little about the cars, and as always, never trusting an owner- what should I be looking for? I know already that rust is NOT an issue, they are California cars. If the price is right I will buy them both.

What are the MAJOR make it or break it things I should be looking for on these cars? If they are clean, but engines dont start, what is a good price to expect to pay, considering the mechanical risks Im taking?

Thank you!

David T
11-11-2012, 09:47 PM
Barn finds that were parked on the ground can have a LOT of rust. If it has been sitting for that long you have to figure going over the fuel system, the brake system and the cooling system. They do not store well over long times and they rot. Small animals may have gotten into the cars and chewed them up inside. One of the first places they like to go is to eat the jack bag in the front compartment in the trunk. They also get into the heater and make a big mess. They also get behind the seats and chew the wiring. If you get them cheap enough all of the work to get them going is doable. Just do not figure on driving them home! You could sell one and make enough on it to fix up the other. As important as the condition of the cars is the condition of the Titles. You MUST get Titles and they MUST be "clean". Good Luck!
David Teitelbaum

LEVY
11-11-2012, 10:12 PM
To me, title is not as important as condition of the car. I bought one of the cars with not title at all, it took about two months but I got a clean title. I'm in Texas, other states might have different rules.

LEVY



Barn finds that were parked on the ground can have a LOT of rust. If it has been sitting for that long you have to figure going over the fuel system, the brake system and the cooling system. They do not store well over long times and they rot. Small animals may have gotten into the cars and chewed them up inside. One of the first places they like to go is to eat the jack bag in the front compartment in the trunk. They also get into the heater and make a big mess. They also get behind the seats and chew the wiring. If you get them cheap enough all of the work to get them going is doable. Just do not figure on driving them home! You could sell one and make enough on it to fix up the other. As important as the condition of the cars is the condition of the Titles. You MUST get Titles and they MUST be "clean". Good Luck!
David Teitelbaum

Dangermouse
11-11-2012, 10:27 PM
Just because they are presently in CA doesn't mean they have spent all their lives there. So, as stated above, rust can certainly be an issue.

OutOfTime
11-11-2012, 10:31 PM
I have no intention of trying to start them on the spot. I was planning on a full visual inspection. I hope to buy both, all depends on the price. Cash talks and Im going to try and get myself a deal. Thank you all for the tips and I hope to spend a lot more time researching on these forums soon. If the price ends up out of my range or I only buy one, I will post the contact info for other DMC members...

ccurzio
11-12-2012, 08:08 AM
Good, though that's not what you said originally:


If they are clean, but engines dont start, what is a good price to expect to pay, considering the mechanical risks Im taking?

Just making sure.

Dangermouse
11-12-2012, 08:33 AM
The '5 year" claim, may just be the last time the engine was turned over. The cars may not have actually run on the road for 10 years, 15 even. Time plays tricks on the owners mind. I would run a carfax on each. It would confirm whether they have always been CA cars and when they were last registered (i.e. actually were running). The carfax may show any accident reports (but may not) as well as any title problems. I assume that you are in CA, and for some reason assume that CA is harder to get a title fixed than TX.

Only you know your abilities in restoring cars and available space and finances. Personally, I would give serious consideration to only buying one of these cars if it is your first time working on them. Otherwise instead of having one nice driving car, you may end up with two project cars years from now.

Look at the engine and the fuse box for evidence of owner "fixes" or "improvements". It's one thing to get a stock car running again, its quite another to work out what the fixes were for, fix or remove them, and then get the car running.

OutOfTime
11-12-2012, 10:23 AM
Good, though that's not what you said originally

I did not mean I was going to try and start, I meant if owner reports that they do not start. Im assuming battery is dead and all fluid need to be flushed and engine looked over before I turn the key.

David T
11-12-2012, 10:29 AM
Depending on the last State the car was Titled in and the State you want to Title the car in, it can be a BIG hassle if you do not have a Title. Especially if it has been a long time since the car was last registered. Some clues can be gleaned form the car itself. There may be an old inspection sticker or an old license plate on the car. Maybe some old paperwork in the car. Unless you can get a Title from the seller you have to wonder if he really is the legitimate owner and the sale is legal. Imagine the worst possible case. You buy the car, take it home, pour thousands of dollars into fixing it up. Now you try to register it only to find out it is stolen. The car is taken from you with no compensation. Or maybe a bank has a Lien on it and you have to pay it off. That Title can be VERY important!
David Teitelbaum

Jonathan
11-12-2012, 11:51 AM
- Check title, run a CarFax, etc. before buying.
- Check frame for rust, look up from under (even if lying on the ground) at the front frame extension as it usually goes first; then also in the engine bay around the exhaust and catalytic converter. Check also the condition of the fuel tank closing plate.
- If you can gain access, look in the trunk/bonnet in the front, and depending on how much stuff might be in there, see if you can at least get a look down through the little hatch that can swing out of the way above the brake fluid reservoir. This can give you another good angle to see down into steering and suspension components to see for rust or general condition.
- Behind the passenger seat, the battery is in the lower compartment. Have a look in there. On the parcel shelf above that, you can move the carpet (if there) and then the triangular piece of wood which is covering the fuse and relay area. Look in there for general condition, evidence of rodents, etc. Take a picture or two in there if you'd like us to comment on it (no one is going to figure out where these cars are in advance from that picture).
- Same goes for the engine bay, check general condition, looking for anything out of place to give you clues. It doesn't really matter if it has the old plastic coolant reservoir versus a stainless one as that is something that'll be on your list anyway (and small).
- You won't be checking much in the way of switches, windows, radio, horns, signals, lights, etc, with the battery assumed dead. You could check those things with a fresh battery if you were careful, but like others said, don't go to start it or turn the fuel pump on (second click of key) as 5-10 fuel if it was left in there will be nasty and ruin things as it goes.
- Do the doors open and stay open on their own? What is the condition of the torsion bars?
- Lastly, what is the condition of the stainelss panels and hood (and what style is the hood)? Make special note of the condition of the left front fender.

LEVY
11-12-2012, 01:13 PM
Where the vehicle was titled or registered last, doesn't matter, what really matter is which is the state where it is going to be titled or registered.

If the last time this vehicle was registered was in the 1980's or before, chances are that vehicle will not show on any State vin database search. If that is the case and you don't have any documents but a good Bill of Sale, then you should not have a big problem securing a new Title. If you have any documents that shows previous ownership, then it will take a little more time but you should be able to get it.

Yes, it is very important to buy a vehicle with a clean Title but, if your vehicle does not have one, you know it is possible to secure one.

Some states does not allow individuals to apply for a Title if you don't have one on hand, but they would allow some restoration shops to do it for you.

Now, if you buy a vehicle with no title, the first thing to do is secure the title "Before you invest any money on the vehicle itself" That is common sense!

People are a lot smarter that you think!

LEVY


Depending on the last State the car was Titled in and the State you want to Title the car in, it can be a BIG hassle if you do not have a Title. Especially if it has been a long time since the car was last registered. Some clues can be gleaned form the car itself. There may be an old inspection sticker or an old license plate on the car. Maybe some old paperwork in the car. Unless you can get a Title from the seller you have to wonder if he really is the legitimate owner and the sale is legal. Imagine the worst possible case. You buy the car, take it home, pour thousands of dollars into fixing it up. Now you try to register it only to find out it is stolen. The car is taken from you with no compensation. Or maybe a bank has a Lien on it and you have to pay it off. That Title can be VERY important!
David Teitelbaum

uhhair
11-12-2012, 03:31 PM
The value is really going to depend on their condition. Keep in mind you can get a good condition, running, working DeLorean in the $20k price range, so use that as a baseline. Any car sitting for 5 years is going to need a couple thousand dollars in repairs to things such as the fuel system, tires, rubber brake/fuel/radiator hoses and lines, etc. If you don't plan to do the work yourself, maybe more.

If you know someone knowledgeable about DMC's, I'd bring them with you. Also, James wrote a very recent and new book about how to/what to look for when buying a DeLorean, might be nice to pick up a copy and educate yourself on it as well.

OutOfTime
11-12-2012, 03:38 PM
Thank you Jonathan, thats exactly what Im looking for.

Mark

DMC5180
11-12-2012, 04:07 PM
Thank you Jonathan, thats exactly what Im looking for.

Mark

Here is a link to the book. www.deloreanguide.com (http://www.deloreanguide.com)

David T
11-12-2012, 10:30 PM
It can matter what State the car was Titled in and the new State it will be going to. If the car was in a non-Title State (the registration was the Title) and you are trying to register in a Title State the paperwork can be tough. Some States are a LOT pickier about the paperwork than others. It may not be impossible to obtain a Title for a car that you bought without a Title but it can be difficult-to-impossible. Besides, how can you really be sure you are buying the car from the legal owner if they can't provide a Title? If you are paying money for the car you are entitled to good paperwork. It goes with the car. Maybe the seller won't provide the Title because it is a Salvage Title? Maybe it was stolen? You won't know unless you see the Title. IMHO it is as important as the condition of the car and if the seller can't provide it, it is a BIG "red flag". You take a big chance buying a car without a Title.
David Teitelbaum

LEVY
11-13-2012, 08:07 AM
So you are telling me that if you see the title then is safe to buy?

You are wrong! Titles are easy to fake. Even with legit title, there is no way you can tell, just by looking at the title if that is a stolen or salvage vehicle, if you can, then you really are a Delorean guru!

A lot of people get their vehicles totaled, get reimbursed. by the insurance, then buy the car back, they keep the original title then they get a salvage title and keep both. most are honest and will never try to sell the car as a clean title car.

If you are buying from a non title state then doesn't matter, you will not get a title from the seller! I still not understand your point here.

Is not impossible to secure title if you don't have one, on any state!

You can get a vehicle ownership history from your state DMV, in Texas you only pay $5.00, you can then contact the last registered owner. Other states may charge you more or less, you can even get it for free if you know how.

If any one needs advice on how to secure a title, let me know, I will give you several options, every option will help you to secure title.

To make it short, don't let that good opportunity go just because owner can not provide a title, most of the times cars with no title will sell very, very cheap, securing a title may cost you under $100.00. I bought our first Delorean for $1000.00, it cost me one certified letter plus registration to get a title. Carfax doesn't show anything wrong with this vehicle.

LEVY




It can matter what State the car was Titled in and the new State it will be going to. If the car was in a non-Title State (the registration was the Title) and you are trying to register in a Title State the paperwork can be tough. Some States are a LOT pickier about the paperwork than others. It may not be impossible to obtain a Title for a car that you bought without a Title but it can be difficult-to-impossible. Besides, how can you really be sure you are buying the car from the legal owner if they can't provide a Title? If you are paying money for the car you are entitled to good paperwork. It goes with the car. Maybe the seller won't provide the Title because it is a Salvage Title? Maybe it was stolen? You won't know unless you see the Title. IMHO it is as important as the condition of the car and if the seller can't provide it, it is a BIG "red flag". You take a big chance buying a car without a Title.
David Teitelbaum

Jonathan
11-13-2012, 10:07 AM
Guys, I think the "title" argument is getting a little side tracked from what Mark really wanted help with. He gets that he'll check the title or carfax before putting down a wad of cash. Perhaps cool down the "what makes you a guru?" debate, or move it somewhere else?

LEVY
11-13-2012, 10:21 AM
I don't believe is right to give people false information just because "I'm never wrong"

I will later start a new thread with instruction on how to buy a vehicle with no title, meantime the OP and others should know that it is possible and safe if you follow instructions. If those vehicles he found end up with no title, he should not let them go just for that reason.

LEVY



Guys, I think the "title" argument is getting a little side tracked from what Mark really wanted help with. He gets that he'll check the title or carfax before putting down a wad of cash. Perhaps cool down the "what makes you a guru?" debate, or move it somewhere else?

David T
11-13-2012, 11:04 PM
If you do decide to buy a car, any car, without a Title you must convince yourself of a lot of things.
The car is not stolen
The OWNER is selling you the car
There are NO liens on the car
The car does not have a Salvage Title
You have the persistence, money, and patience to go through the hoops it will take to obtain a Title.
The vin tags were never tampered with

There are horror stories about buying a car with a tampered Title and other associated problems. If you are willing to go through what it takes, go for it. Just be aware if the car WAS stolen and you attempt to Title it, the car will be taken from you and you are out whatever you spent to buy it and fix it up. That Title is a Buyer's protection and you are entitled to it if you are purchasing a legitimate car from a legitimate seller.
David Teitelbaum

LEVY
11-14-2012, 04:48 PM
You can avoid those "horror stories about buying a car with tampered title" just by buying a car "without title"!


More info here: How to buy a vehicle with no title (http://dmctalk.org/showthread.php?5690-Buying-a-Vehicle-with-no-Title&p=81113#post81113)

LEVY


If you do decide to buy a car, any car, without a Title you must convince yourself of a lot of things.
The car is not stolenMost stolen cars are sold with a title (fake or not)
The OWNER is selling you the carNo way to be 100% sure just because he provided a title
There are NO liens on the car Some states will send the title to the registered owner, liens or not!
The car does not have a Salvage Title Some owners have a clean title as well as a salvage title
You have the persistence, money, and patience to go through the hoops it will take to obtain a Title.
The vin tags were never tampered with Does a title shows if the VIN was ever tampered with?

There are horror stories about buying a car with a tampered Title and other associated problems. If you are willing to go through what it takes, go for it. Just be aware if the car WAS stolen and you attempt to Title it, the car will be taken from you and you are out whatever you spent to buy it and fix it up. That Title is a Buyer's protection and you are entitled to it if you are purchasing a legitimate car from a legitimate seller.
David Teitelbaum

Jeff K
11-16-2012, 12:44 PM
One of my oldest friends has three car dealerships in the family. I asked him once about buying a car with a questionable title years ago. He said - I wouldn't touch it for any price.

In high school a friend bought an El Camino. The person selling it had the title from the previous owner, but never registered it. (I've seen this a lot in Cali)

A year after he bought it, the titled owner sued him to get it back.

99% of the time.. if it's too good to be true.. it's not true.

But good luck either way.

rddmc
11-16-2012, 01:48 PM
I have wanted to buy and fix up a Delorean for a long time. Last week, my buddy stumbled across two well hidden barn finds and the owner is interested in selling. I spoke to the owners brother, and Im headed back later to meet with the owner.

One is an auto and the other is a 5spd. Milage is 10k on one and 15k on the other. The cars have been parked and not started in 5 years.

Im going to look in person this week. Knowing very little about the cars, and as always, never trusting an owner- what should I be looking for? I know already that rust is NOT an issue, they are California cars. If the price is right I will buy them both.

What are the MAJOR make it or break it things I should be looking for on these cars? If they are clean, but engines dont start, what is a good price to expect to pay, considering the mechanical risks Im taking?

Thank you!

Based upon my experience buying my first DeLorean, I would now look for three things when deciding whether to buy a Delorean:

1. Frame Rust

2. Frame Rust

3. Frame Rust.

Thankfully I only paid $1650 for VIN 6032 in 1999. While I did get it somewhat road worthy, I discovered that the frame needed replacement.

Rod
10921

LEVY
11-16-2012, 02:40 PM
One of my oldest friends has three car dealerships in the family. I asked him once about buying a car with a questionable title years ago. He said - I wouldn't touch it for any price.

In high school a friend bought an El Camino. The person selling it had the title from the previous owner, but never registered it. (I've seen this a lot in Cali)

A year after he bought it, the titled owner sued him to get it back.

99% of the time.. if it's too good to be true.. it's not true.

But good luck either way.

Questionable title? Yes, stay away!

No title? Do you home work and see if it is worth it.

Do not ask any car dealer, most of the times it is not worth it for them,they may loose their license if they do something wrong and they need to move vehicles as quickly as possible if they want to make any profit. On the other hand, ask professional vehicle restorers, those that are constantly looking all over USA for old junked cars, most of the time those cars would not have a title.

A vehicle with no title is not for everyone either, but DMV's are required to do whatever they can to provide you with a title if that is legally possible.

Of course, it may cost you time and money if you go the wrong way. There are some companies out there that will do the hard work for you, they charge like $500.00 to $1000.00 USD depending on the situation. If you bought a $15,000.00 USD car but you did pay like $2000.00 USD for it, I believe it is worth it.

If you buy a vehicle, you might be required to do a change of ownership within 30 days, if you wait longer, you might have to pay some fines but as long as the previous owner signed the title and transfer form, he can sue you all he wants, he will never get his vehicle back.

There are some paranoid people who will make up some very strange stories just to pass his paranoia to others, truth is, it is not that bad if you use common sense and follow your instincts.


LEVY

Hey, Ron. How about that? :hihi2: (You know what I'm talking about!)

Ron
11-16-2012, 11:51 PM
Hey, Ron. How about that? :hihi2:

LOL :thumbup:

David T
11-17-2012, 11:09 AM
Typically my advice is going to be on the conservative side. If a frame is very rusty I would advise passing up that particular car. If the car has no Title, same advice. If the car is a wreck and needs a ton of work, again, I would suggest you keep looking. Unless you know your skill level and are competent to resolve the problems, you are best served by buying the best car you can. Not all of us are "bottom scavengers" and will buy a car with problems that we know we can fix. Of course if you can buy a car cheap enough you can fix almost anything but never take for granted "fixing" the Title is going to be cheap or easy. At the very least try to do some "homework" and get some idea what you are in for. As I previously mentioned, if it turns out there are Liens or the car was stolen you can be SOL. As soon as you report the whereabouts of the car someone may come looking for it to take it away.
David Teitelbaum

LEVY
11-17-2012, 11:58 AM
Typically my advice is going to be on the conservative side. If a frame is very rusty I would advise passing up that particular car. If the car has no Title, same advice. If the car is a wreck and needs a ton of work, again, I would suggest you keep looking. Unless you know your skill level and are competent to resolve the problems, you are best served by buying the best car you can. Not all of us are "bottom scavengers" and will buy a car with problems that we know we can fix. Of course if you can buy a car cheap enough you can fix almost anything but never take for granted "fixing" the Title is going to be cheap or easy. At the very least try to do some "homework" and get some idea what you are in for. As I previously mentioned, if it turns out there are Liens or the car was stolen you can be SOL. As soon as you report the whereabouts of the car someone may come looking for it to take it away.
David Teitelbaum

People get scammed everyday, title or not!

If the frame is badly rusted but everything else is in good condition and it is very cheap, buy it for parts!


http://dmctalk.org/showthread.php?5690-Buying-a-Vehicle-with-no-Title&p=81113#post81113

LEVY

Jonathan
11-17-2012, 12:04 PM
14890

OutOfTime
11-20-2012, 08:53 PM
OK, here are some pics... cars havent been started in over 5 years, been sitting in the same spot. One is a 5spd gray interior and the other is an automatic with black. Miles are higher than previously thought, talked with owners brother before, now met with owner and got into the cars. What do you guys think?

5spd 36k miles

14972

14973

14974

Auto 25k miles

14975

14976

14977

LEVY
11-20-2012, 09:32 PM
If price is right get both.

If it was me, I would get the black interior. $10,000.00 for both seems about right.

LEVY

OutOfTime
11-20-2012, 10:06 PM
If price is right get both.

If it was me, I would get the black interior. $10,000.00 for both seems about right.

LEVY

Are you saying $10k each or $10k for both together ($5k each)?

sdg3205
11-20-2012, 10:09 PM
Are you saying $10k each or $10k for both together ($5k each)?

5k each.

Any pictures of the frames, engine, trunk, etc?

OutOfTime
11-20-2012, 10:11 PM
Sorry, those are the only pics I have. Frames are rust free, engines are surprisingly clean, almost cleaner than the interior. Trunks look about how you would expect, no surprises. Owner has the titles and is the second owner on each.

Mark

Chris Burns
11-20-2012, 10:19 PM
If you want to get rid of one of them just send it my way!:yesss: Nice find man.

OutOfTime
11-20-2012, 10:37 PM
Thanks!

We still have to do the negotiating, Im hoping to call them mine, but the owner loves them, Im a little concerned he will want more for them than they are worth... but cash talks :)

Mark

vwdmc16
11-20-2012, 10:40 PM
Ooh, sentimental owners are the hardest, gotta convince them you will take better care of them, which shouldnt be too hard considering....


Need alot of love but they are straight looking, Black auto gasflap, thats a rare one

David T
11-20-2012, 10:59 PM
Those cars look very rough. It will take a lot of "love" and parts (read $$$$) to get them going. In your negotiations inquire about the Titles and mention that the cars are worth more if the owner can produce, or agree to help you obtain, the Titles. Ask if there are any parts or books that go along with the cars. If you do manage to buy the cars you should have a secure place to have them towed to. Be careful about putting them into a garage. There may be spiders or other creatures living in the cars. Try getting air into the tires so they can roll, they may hold air long enough to roll them around. At this point the mileage is not very important. Try to get a good look at the frames but that is difficult with flat tires.
David Teitelbaum

LEVY
11-20-2012, 11:48 PM
Those cars look very rough. It will take a lot of "love" and parts (read $$$$) to get them going. In your negotiations inquire about the Titles and mention that the cars are worth more if the owner can produce, or agree to help you obtain, the Titles. Ask if there are any parts or books that go along with the cars. If you do manage to buy the cars you should have a secure place to have them towed to. Be careful about putting them into a garage. There may be spiders or other creatures living in the cars. Try getting air into the tires so they can roll, they may hold air long enough to roll them around. At this point the mileage is not very important. Try to get a good look at the frames but that is difficult with flat tires.
David Teitelbaum


Titles, Titles, Titles!

Why don't you back and read his previous posts!



LEVY

LEVY
11-20-2012, 11:55 PM
Thanks!

We still have to do the negotiating, Im hoping to call them mine, but the owner loves them, Im a little concerned he will want more for them than they are worth... but cash talks :)

Mark

If you can, next time you see the owner, take the money with you and see if you can get them at good price, then tell the owner that you will pay $5000.00 extra just because those cars have titles! (do that only if you follow David's advice).

LEVY

Jimmyvonviggle
11-21-2012, 12:24 AM
Thanks!

We still have to do the negotiating, Im hoping to call them mine, but the owner loves them, Im a little concerned he will want more for them than they are worth... but cash talks :)

Mark

I don't know how much he loves them those are very rough. Get them cheap if you are planning on restoring them.

OutOfTime
11-21-2012, 12:37 AM
Yes, there are titles! Two of them!

OutOfTime
11-21-2012, 08:59 AM
Just confirming... the consensus is $5k each for the cars?

I think the owner will have a hard time believing this, does anyone have any link of DMCs for sale in similar condition. I will share these with him. Everyone for sale in my area is priced in the $25k+ range, but clean. Thank you

Mark

Dangermouse
11-21-2012, 09:39 AM
$25k buys you a really nice running car with all the updates done. Key word is "running"

Have you read this thread?

http://dmctalk.org/showthread.php?371-Please-read-before-posting-%93I-want-a-cheap-DeLorean%94-or-%93Project-Car-Wanted%94-threads

Maybe print it out and bring it with you.

Please get the VINs of these two, whether you buy them or not.

LEVY
11-21-2012, 09:47 AM
Just confirming... the consensus is $5k each for the cars?

I think the owner will have a hard time believing this, does anyone have any link of DMCs for sale in similar condition. I will share these with him. Everyone for sale in my area is priced in the $25k+ range, but clean. Thank you

Mark

Asking price is not necessary the selling price.

Condition, condition, condition.

Owner have two Deloreans in not running condition, he/she should know how expensive is to own a Delorean.

Show him/her the money!

Those high priced Deloreans you see advertised, are in good running condition, still, been there for a long time.

Ultimately, if you have his asking price and you feel comfortable paying it, go for it.

LEVY

LEVY
11-21-2012, 09:57 AM
Those cars look very rough. It will take a lot of "love" and parts (read $$$$) to get them going. In your negotiations inquire about the Titles and mention that the cars are worth more if the owner can produce, or agree to help you obtain, the Titles. Ask if there are any parts or books that go along with the cars. If you do manage to buy the cars you should have a secure place to have them towed to. Be careful about putting them into a garage. There may be spiders or other creatures living in the cars. Try getting air into the tires so they can roll, they may hold air long enough to roll them around. At this point the mileage is not very important. Try to get a good look at the frames but that is difficult with flat tires.
David Teitelbaum


Asking price is not necessary the selling price.

Condition, condition, condition.

Owner have two Deloreans in not running condition, he/she should know how expensive is to own a Delorean.

Show him/her the money!

Those high priced Deloreans you see advertised, are in good running condition, still, been there for a long time.

Ultimately, if you have his asking price and you feel comfortable paying it, go for it.

LEVY

Whatever you do, don't offer extra money because a title is included, it is the other way around, no title, less money!

LEVY

OutOfTime
11-21-2012, 10:19 AM
http://dmctalk.org/showthread.php?371-Please-read-before-posting-%93I-want-a-cheap-DeLorean%94-or-%93Project-Car-Wanted%94-threads

Thats a great thread!

Thank you

OutOfTime
04-19-2013, 02:46 PM
So I went back and got a price.

$16,500 buys them both.

What do you guys think?

vwdmc16
04-19-2013, 04:00 PM
Great! What is the plan? More pics too please!

OutOfTime
04-19-2013, 04:19 PM
Great! What is the plan? More pics too please!

The plan is #1 - Get wife approval

Then buy and fix up / clean the automatic. It needs the least amount of work and would quickly clean up nicely. At that point I would sell the automatic to fund a more extensize modification of the 5spd. That one would get a non-original engine swap, interior, rims etc. Modernize the car a bit while keeping the body and lines looking the same.

From what I see a running, driving, restorable with few minor issues and a clean body / title seem to sell in my area for around $12-$15k.

I need to get more pics than earlier in the post. Those honestly do not do either of them justice.

Mark