looking for help/buying a Delorean

[wes1981]

Hello

First off thanks for letting me become a member here

where to start really, every since seen the Delorean car its been something i have wanted from a child and now i am older have thought its about time to see if i can get one.

I have only just started looking and have been in contact with Gulf coast motorworks in U.S as this seemed the place that come up with a few DeLoreans for sale and if they had done finance it would have been great but they said there finance company doesn't operate outside u.s i would have to see if one in this country did. This bit confused me as i didn't fully understand how this would work, could anyone help with explaining this a bit more clearly? I did called a Classic car finance company in this country but i didn't fully understand what they meant as they said i would have to buy the car out right in the U.S then get it over here then they would finance it (if i already paid for it why would i need them to finance it??) Gulf coast also quoted $2800 for shipping is this a good price? Other than that i would have had a budget for around $30.000 dollars with a bit extra for the import off them, but at the moment they don't have any in that price range.

I would much prefer to get one from this country to cut out all the import stuff etc but so far i haven't been able to find any apart from one down London that has been part of a display they want £34.000.
I have seen a link on here to pj grady and have sent an email but has yet not got a reply.

I am not to fussed on the inside color but want manual transmission.

If people could help me out it would be greatly appreciated. I work quite a bit so i may not always get chance to check back here but please feel free to drop me an email at wes0117@hotmail.co.uk

thanks for reading

wes

[Chris Williams]

You may be best off if needing to finance it trying for a bank loan that way you would have the cash to use on any car rather than a specific car. There is a bit on our website about importing: http://deloreans.co.uk/info/importing-delorean/ though a tad out of date it gives you a good idea. A good importer for cars is Will @ TGAL: http://www.tgal.us/contact-us?jssCart=8 ... 138d9f54cb May be worth giving him a call they will handle everything for you and are very experienced at importing DeLoreans back to the UK.
Chris

[MikeWard]

Where about's are you located Wes?

There is a black interior manual for sale on the eurotec forum for £17,500.
http://www.deloreaneurotec.co.uk/forum/ ... =56&t=4310

Forget the one in Wimbledon, grossly over priced, and I've heard that hasn't turned a wheel in years.

I would discourage you from getting into any kind of loan or finance, you really don't want to get into debt to buy what is essentially a weekend toy. You would be far better off saving up until you can afford to buy the car outright. Another thing to consider is that these cars are now all 30+ years old, things can and will go wrong on them, and you will to have reserve funds available accordingly to rectify issues as and when they arise.

It took me 10 years to put the funds aside to be able to be into a position to buy my car.
I would hate to be in a position where I had to sell the car if I had taken a loan out...

[ali66]

I used Will to import my Delorean and they have been really good so far although the car is still in the middle of the Atlantic dodging icebergs! They organised the collection and will deliver it this side too.

I don't necessarily think there is anything wrong with financing cars, whether it be a loan for a classic or PCP (modern cars). Getting in debt is fine provided that you can afford to pay it off. They say that you should buy things that will appreciate and rent things that will depreciate, thereby letting the banks take all the risk and you keep your money safe and sound in your wallet. A friend of mine works at a prestige car dealership and nearly 100% of their sales of Ferrari's etc. are on finance. Many of the customers can easily afford to purchase the car outright but they would rather have the £200K in their bank, working for them rather than tied up in a depreciating asset on their driveway.

Vin 3759 getting loaded up for her long journey back home...

[wes1981]

Cheers for the replies guys.. am located in Cheshire

That one listed in storage looks like alot of work, anyone have an idea of how much it would cost?

Looks a hell of a lot to do

[MikeWard]

wes1981 Wrote:Cheers for the replies guys.. am located in Cheshire

That one listed in storage looks like alot of work, anyone have an idea of how much it would cost?

Looks a hell of a lot to do

I wouldn't be too concerned with the list the seller has posted, there is nothing there that would scare me.

fuel hoses need replacing - Stainelss braided replacements: £215 from Julian (bandit) / or £250 from Ed at DMC EU
engine doesn't idle great - Potentially just needs setting up correctly.
front and rear bumper need refurbing - circa £600 for a repaint - or could DIY for much less, some members have repainted theirs themselves with rattle cans with good results
upper engine cover needs refurbing. - could DIY with some satin black trim paint
dent to left front fender (about the size of a 2 pence piece) - Chris Nicholson would be able to sort
dent to left rear quarter panel (again about the size of a 2 pence piece) - Chris Nicholson would be able to sort
binnacle needs refurbing. previous owner stuck something on it and the adhesive has marked the leather. not cracked or anything. - Lee Pattison (think the surname is correct) can recover
AC idle pulleys need re-attaching - easy diy job
AC needs charging. - see local a/c shop that specialises in R12 (if the system has not already been converted to R134a)
upper windscreen finishing panel needs priming and painting. - can diy or send away for powder coating
and finally, as it's an early car, the panels need attention in terms of alignment. If you're an owner, you'll know what i mean. - Chris Nicholson would be able to sort

[wes1981]

Do you think with a budget of £19.000 it could be completed?

Does he have any pictures?

[Chris P]

i'm with Mike W on this, all cars need some work and this one looks OK to me at £17.5K ( Providing its not rotten).

I can't say the same about "buying it on credit idea." IMO boys toys should come from spare cash, can't bear the thought of paying interest either.

Just my old fashioned opinion of course.

Regarding refurbishing costs…who can say? How long is a piece of string? How good are you at working on it yourself? Can you knock the purchase price down? Where will you get your bits from ? S/hand or dealer prices? What standard will you want it done to? Just running and safe or everything pristine. You could doubtless spend £2 or 20k on a car, it you wanted to.

The fact is there are very few cars these days, that come up for sale in the UK at sub 20K.

[Dangermouse]

two of the legs of your flux cap are broken btw :twisted:




.

[wes1981]

Thanks for the advice guys...I have created an account to ask the fella some more questions and see if he can get some pictures if hes close enough I may go and have a look

I would at first like the car to run proper but would like the body work to be returned to a good finish...is the small dents easily fixed with it been stainless steel, also this pannel aliment is it hard and what is it exactly ?

Thanks

Wes

[wes1981]

Thanks for the advice guys...I have created an account to ask the fella some more questions and see if he can get some pictures if hes close enough I may go and have a look

I would at first like the car to run proper but would like the body work to be returned to a good finish...is the small dents easily fixed with it been stainless steel, also this pannel aliment is it hard and what is it exactly ?

Thanks

Wes

[wes1981]

...also on the last wth this one an older model does that mean these are more prone to problems than later models ?

[ali66]

Dangermouse Wrote:



two of the legs of your flux cap are broken btw :twisted:




.

Damn, no time travel for me just yet :roll:

[wes1981]

i have found this one http://www.carandclassic.co.uk/car/C269964, does this look like a good deal, has high mileage but price and condition from the pictures seem good.

[Chris Williams]

Difficult to tell from the limited pictures supplied, if they are a serious seller ask for pictures and lots of them! especially of the frame. With it being a Californian car it should be OK (also explains the cracked dash) however you can never have enough pictures and/or video's of the car including it running.
Unlike the others who dont like getting a loan against a car (or bank loan) a lot of people have done it and as far as I know never had an issue. I look on it that unlike a modern car a DeLorean does not depreciate so your on to a winner really (remember to account for maintanence costs)
Chris