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The DeLorean DMC-12 was first sold in 1981, and it
was also sold in 1982 and 1983 before the company
ran out of money. The car had a futuristic stainless
steel body with gullwing doors.
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The engine in the DMC-12 (the only car made by the
DeLorean car company) was a 2.8 L PRV V6 that made
130 horsepower, making underpowered for a 2 door
sports coupe. It shared a chassis with the Lotus
Espirit. Despite a very high price of $25,000 (about
$55,000 in todays dollars), the DeLorean actually
sold well, with people paying up to $10,000 more
than retail to reserve a spot on the buying list.
The car had several reliability issues, especially
with the battery, which was not strong enough to
supply power to the car with all options on. There
were also a very limited edition gold plated DeLoreans
that were made for an American Express promotion.
The company was hit with hard times after founder
John Z. DeLorean was charged in connection with an
FBI sting. He was later acquitted due to entrapment,
and the case is still used as precedent today. The
car got a boost of good publicity after it had been
discontinued when it was featured in the Back to
the Future trilogy in the late 80's and early 90's. Of the 8,583 cars
made, about 6,000 are still around. You can always
find several listed on eBay, and they generally sell
in the $20,000 to $30,000. If you happen to look
on the right day, you can sometimes get a great buy
for less than that, so pay attention! They sell pretty
quickly in the "real world" market, usually for $23,000
to $35,000, depending on condition. |
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