Early Days of DeLorean Production

The DeLorean Motor Company (DMC) was founded in 1975 by John DeLorean, an American businessman and engineer. Initially, the company focused on producing a revolutionary new sports car, the DMC-12. The first prototype of the DMC-12 was unveiled in 1976, and production began in 1981 at the company’s factory in Dunmurry, Northern Ireland.

During its early years, DeLorean enjoyed some initial successes, including a prestigious contract to supply cars for the UK government. However, the company soon faced stiff competition from established manufacturers and struggled to meet demand. The DMC-12 was also criticized for its high price point, which made it difficult for the company to sell enough units to break even.

The financial struggles continued throughout the late 1970s and early 1980s, with DeLorean relying on loans and investments from various sources to stay afloat. Despite efforts to revamp the business plan and introduce new models, such as the DMC-12S, the company was unable to overcome its financial difficulties and eventually filed for bankruptcy in 1982.

Production Numbers: A Breakdown

Production Numbers: A Breakdown

The DeLorean Motor Company produced three main models during its production run from 1981 to 1982: the DMC-12, DMC-12S, and LMP. Here is a breakdown of the exact production numbers for each model:

  • DMC-12: The base model DMC-12 was produced in 9,842 units between 1981 and 1982.
    • 1981: 6,110 units
    • 1982: 3,732 units
  • DMC-12S: Only 254 units of the limited-production DMC-12S were manufactured in 1982. This model featured unique styling cues, including a distinctive rear spoiler and distinctive wheels.
  • LMP (Le Mans Prototype): The DeLorean LMP was designed for racing, with only 6 prototypes produced before the company’s bankruptcy.

Some notable changes or milestones include:

  • In 1981, DeLorean introduced a new paint scheme, featuring a more vibrant color palette and distinctive stripes.
  • By the end of 1982, production had slowed significantly due to financial difficulties and supply chain issues.
  • The LMP prototype was showcased at the 1983 Le Mans 24 Hours, marking one of the company’s final public appearances before bankruptcy.

Rarity and Value: Understanding the Market

When it comes to determining the value of a DeLorean, several factors come into play. The rarity of the model, its condition, mileage, and originality all contribute to its worth in the current market.

Condition: The condition of the vehicle is perhaps the most significant factor affecting its value. A well-maintained DeLorean with minimal wear and tear can command a higher price than one that has been neglected or requires extensive repairs. Original parts, such as the iconic stainless steel body panels, are also highly prized by collectors.

Mileage: The mileage of the vehicle is another important consideration. DeLoreans with low mileage, particularly those with fewer than 10,000 miles on the odometer, can be extremely valuable. Conversely, high-mileage vehicles may be worth significantly less due to their increased wear and tear.

Originality: Authenticity is key when it comes to DeLorean values. Vehicles that have been restored or modified in some way can lose value compared to those that remain largely original. This includes any changes made to the exterior or interior, as well as any tampering with the engine or transmission.

Recent sales data provides a glimpse into what buyers are willing to pay for DeLoreans. For example, a 1981 DMC-12 in excellent condition with only 10,000 miles sold at auction for $110,000. On the other hand, a 1982 DMC-12S with high mileage and some cosmetic issues sold for around $40,000.

Here are some examples of recent sales to give readers an idea of what they can expect:

  • 1981 DMC-12: $110,000
  • 1982 DMC-12S: $40,000
  • 1990 LMP: $30,000
  • 1983 DMC-12: $50,000

Preservation and Restoration: The Importance of Maintenance

Proper maintenance is crucial for preserving the value and integrity of DeLorean vehicles. Neglecting routine cleaning, storage, and repair can lead to costly damage and potentially reduce the car’s worth.

Cleaning: Regular washing and waxing are essential for maintaining a DeLorean’s exterior. Avoid using harsh chemicals or abrasive materials that can strip away the paint or damage the aluminum panels. Instead, use mild soap and soft cloths to gently clean the surface. For more thorough cleaning, consider taking your DeLorean to a reputable detailing service. Storage: When not in use, it’s essential to store your DeLorean in a dry, climate-controlled environment to prevent moisture buildup and damage. Cover the car with a breathable cloth or sheet to protect it from dust and debris.

Repair and Restoration:

  • Original Parts: When repairing or restoring a DeLorean, prioritize using original parts whenever possible. This ensures authenticity and maintains the car’s value.
  • Skilled Professionals: For complex repairs or restorations, consider hiring skilled professionals with experience working on DeLoreans. They can provide valuable guidance and ensure that any work is done correctly.

For those looking to restore their own DeLoreans, there are several resources available:

  • DeLorean Owner’s Club: The official club for DeLorean owners offers a wealth of information, including repair guides and parts catalogs.
  • Online Forums: Various online forums and communities dedicated to DeLoreans provide a platform for discussing restoration techniques, sharing tips, and connecting with other enthusiasts.
  • Specialized Shops: Reputable shops specializing in DeLorean repairs and restorations can offer valuable guidance and expertise.

Investing in DeLoreans: Pros and Cons

Before diving into the world of DeLorean investing, it’s essential to weigh the pros and cons of this unique opportunity. On the positive side, DeLoreans have become highly sought after by collectors and enthusiasts, driven in part by their nostalgic value and limited production numbers.

Potential Returns on Investment DeLoreans that are well-maintained and restored can appreciate significantly in value over time. In fact, some rare models have been known to sell for hundreds of thousands of dollars at auction. Even common DeLoreans can fetch a premium price from buyers willing to pay a premium for the novelty of owning a piece of automotive history.

Risks Involved However, investing in a DeLorean is not without its risks. For example, restoration costs can be substantial, and there’s always a risk that the car may not appreciate in value as expected. Additionally, market trends and changes in demand can impact the value of your investment.

  • Advice for Investors: When considering purchasing a DeLorean as an investment opportunity, it’s essential to do your research and inspect the vehicle thoroughly before making a purchase.
  • Tips for Buyers: Look for cars with documented maintenance and restoration history, and consider hiring a professional appraiser to evaluate the car’s condition and value.

In conclusion, the DeLorean is a highly sought-after car brand with a unique history and design. By understanding its production numbers and current value, potential buyers can make informed decisions when purchasing or investing in these rare vehicles. Whether you’re a collector, enthusiast, or simply looking for a unique investment opportunity, the DeLorean is an exciting and valuable addition to any collection.