The Cost of a DeLorean in 2020: From Vintage to Modern Replicas

From the classic Back to the Future films to the modern enthusiasts who covet these cars, the DeLorean has captured the imagination of many for decades. Let's explore the cost of acquiring a DeLorean in 2020, including the process of producing new replicas and the cost of refurbishing or repurposing these iconic vehicles.

History and Resurgence

The original DeLorean, known as the DMC-12, first appeared in the market in 1981. Designed and manufactured by John DeLorean, the car was a futuristic throwback with a distinctive stainless steel body and a unique gull-wing door design. By 1982, the company had filed for bankruptcy due to financial difficulties.

Modern Replicas and Low Volume Act

In 2008, enthusiasts could still purchase an essentially new DeLorean for around $65,000. These cars were actually built from roughly 80% genuine parts from the 1980s, with the remaining parts being new or new old stock (NOS). The late 2015 passage of the Low Volume Vehicle Manufacturing Act (LVMMA) opened the door for the DeLorean Motor Company (DMC) to produce approximately 300 DMC-12 replicas. However, the company is still grappling with engine solutions to comply with the regulations set by the LVMMA, and there is no definitive timeline for the production of these new vehicles.

Cost Variations

The cost of a DeLorean can vary widely depending on its condition and origin. Generally, a DeLorean can range between $40,000 and $100,000. However, it is important to consider that the true value of a DeLorean is often a combination of its age, rarity, and the work needed to restore it to its former glory.

Electric Replicas and Modern Upgrades

For those seeking a modern twist on the DeLorean, there are companies converting them into electric vehicles. These electric replicas can cost around $150,000. The process involves extensive modifications to the original car, including modern electric drivetrains, battery systems, and other components. These conversions breathe new life into the iconic car, transforming it into a supercar with modern capabilities.

Condition and Value

The value of a DeLorean can also depend heavily on its condition. A casual observer might expect a car from the 1980s to be highly valuable, but reality often differs. While some may find a 1980s original worth as much as $30,000 to $25,000, others have reported finding working examples on eBay for a mere $650.00, though these often need extensive repair work.

Technical Considerations

The car's original design had some technical limitations, such as the usage of smog pumps required during the CARB standards of the 1980s. Additionally, the stainless steel body made the car heavy, and the engine was sourced from Renault or Peugeot, contributing to handling issues. These factors combined with the car's weight and lack of modern efficiency, make the DeLorean a less practical and less valuable compared to modern alternatives like the Tesla. However, the aesthetics and nostalgic value exceed these practical concerns for many enthusiasts.

Remember, the DeLorean is not just a car for its functionality but also its cultural significance and iconic status. Whether you are looking to purchase a vintage DeLorean, an electric replica, or a newly produced model, the cost and value will depend on a variety of factors, including the specific condition and history of the car.