How Much Do DeLorean Cars Really Cost? Unraveling the Price of an Icon

So, you’re thinking about owning a piece of the 80s, a symbol of cinematic history, and a car that still turns heads like nothing else: a DeLorean DMC-12. The burning question, of course, is: How much will that slice of retro-futurism set you back?

In short, the price of a DeLorean can vary dramatically depending on its condition, history, and whether you’re buying a restored example, a project car, or a brand-new “original” from DeLorean Motor Company (DMC). Expect to pay anywhere from $30,000 for a project car needing significant work, up to $100,000 or more for a meticulously restored or low-mileage original. The “new” DeLoreans from DMC, essentially rebuilt originals with some modern improvements, typically fall in the $80,000-$100,000 range.

Let’s dive into the nuances of DeLorean pricing to give you a clearer picture.

Factors Influencing DeLorean Prices

Several factors contribute to the wide price range you’ll encounter when searching for a DeLorean DMC-12. Understanding these factors is crucial to making an informed purchase.

Condition, Condition, Condition

This is the golden rule of classic car buying, and it applies doubly to DeLoreans. A DeLorean in pristine condition, with minimal rust, a well-maintained engine, and original components, will command a premium. Conversely, a DeLorean requiring extensive restoration – think rust repair, engine rebuild, and interior work – will be significantly cheaper upfront, but the total cost could easily exceed the price of a well-maintained example after all the necessary repairs are completed.

Mileage and History

Like any car, lower mileage DeLoreans generally fetch higher prices. Cars with documented service history and a clear ownership chain are also more desirable and therefore more valuable. A DeLorean that’s been meticulously cared for and has a traceable history is a safer investment than one with an unknown past.

Restored vs. Original

A fully restored DeLorean can be a beautiful and reliable machine, but it might not appeal to purists who value originality. An all-original DeLorean, even with some wear and tear, can be more valuable to certain collectors. The key is to determine your priorities: do you want a show-stopper, or a piece of automotive history?

Location, Location, Location

Geographic location can also play a role in DeLorean pricing. Cars located in areas with high demand or limited supply may command a premium. Shipping costs should also be factored into your budget if you’re buying a DeLorean from out of state or even internationally.

The DeLorean Motor Company (DMC) Effect

The current DeLorean Motor Company (DMC), based in Texas, plays a significant role in the DeLorean market. They offer rebuilt DeLoreans with modern upgrades, along with parts and service for existing cars. The existence of DMC helps maintain the value of DeLoreans and provides a reliable source for parts and repairs.

Where to Find a DeLorean for Sale

Several avenues exist for finding a DeLorean DMC-12 for sale:

• Online Marketplaces: Websites like eBay, Hemmings, and ClassicCars.com are popular platforms for buying and selling classic cars, including DeLoreans.
• DeLorean Motor Company (DMC): As mentioned earlier, DMC offers rebuilt DeLoreans for sale, along with parts and services.
• Classic Car Auctions: Auctions like Barrett-Jackson and Mecum often feature DeLoreans, providing an opportunity to bid on rare or unique examples.
• DeLorean Clubs and Online Forums: Joining a DeLorean club or participating in online forums can connect you with sellers and provide valuable insights into the DeLorean market.

Essential Inspection Points Before Buying

Before committing to a purchase, it’s crucial to conduct a thorough inspection of the DeLorean. Here are some key areas to focus on:

• Rust: DeLoreans are notorious for rust, particularly in the frame and underbody. A professional inspection is highly recommended to assess the extent of any rust damage.
• Engine: The Peugeot-Renault-Volvo (PRV) V6 engine is generally reliable, but it can be prone to issues if not properly maintained. Check for leaks, unusual noises, and smooth operation.
• Electrical System: The DeLorean’s electrical system can be finicky. Ensure all lights, gauges, and accessories are working correctly.
• Gullwing Doors: The iconic gullwing doors should open and close smoothly and align properly. Check the gas struts for proper operation.
• Interior: Examine the interior for wear and tear, including tears in the seats, cracks in the dashboard, and damage to the trim.

Is Buying a DeLorean a Good Investment?

Whether a DeLorean is a good investment depends on your goals. If you’re looking for a car that will appreciate significantly in value, it’s important to do your research and choose wisely. Well-maintained, low-mileage DeLoreans have historically held their value and even appreciated over time. However, like any classic car, maintenance and repair costs can be significant. Ultimately, the joy of owning a DeLorean often outweighs the financial considerations.

DeLorean DMC-12 Frequently Asked Questions (FAQs)

Here are 12 frequently asked questions to help you navigate the world of DeLorean ownership:

1. What is the average price of a DeLorean DMC-12 in good condition?

Expect to pay between $50,000 and $75,000 for a DeLorean in good, driver-quality condition.

2. How much does it cost to restore a DeLorean?

A full restoration can range from $20,000 to $50,000 or more, depending on the extent of the work required.

3. What are the most common problems with DeLoreans?

Common issues include rust, electrical problems, engine issues (especially related to fuel injection), and problems with the gullwing doors.

4. Where can I find parts for a DeLorean?

The current DeLorean Motor Company (DMC) is the primary source for parts, but you can also find parts through online retailers and DeLorean clubs.

5. Are DeLoreans reliable cars?

DeLoreans can be reliable if properly maintained, but they require more attention and care than modern cars. Be prepared for regular maintenance and occasional repairs.

6. How many DeLorean cars were made?

Approximately 9,000 DeLorean DMC-12s were produced between 1981 and 1983.

7. What engine does the DeLorean have?

The DeLorean is powered by a 2.85-liter Peugeot-Renault-Volvo (PRV) V6 engine.

8. How fast is a DeLorean?

The DeLorean has a top speed of around 110 mph and accelerates from 0 to 60 mph in about 8.8 seconds.

9. What is the current DeLorean Motor Company (DMC)?

The current DMC is a Texas-based company that provides parts, service, and rebuilt DeLoreans. It is not the original company founded by John DeLorean.

10. Is the stainless steel body rustproof?

While the stainless steel body is resistant to rust, the frame underneath is prone to corrosion.

11. What kind of maintenance should I expect with a DeLorean?

Regular maintenance includes oil changes, fluid checks, brake service, and inspection of the electrical system and fuel injection system.

12. Are DeLoreans easy to work on?

DeLoreans can be challenging to work on due to their unique design and sometimes difficult-to-find parts. It’s recommended to have experience working on classic cars or to find a mechanic familiar with DeLoreans.

Owning a DeLorean DMC-12 is more than just owning a car; it’s owning a piece of history and a symbol of innovation. While the price can vary widely, with careful research and a thorough inspection, you can find a DeLorean that fits your budget and brings you years of enjoyment. Just remember to “build a time machine” and be prepared for the inevitable attention that comes with driving this iconic vehicle!