1981 Delorean DMC-12 For Sale
Delorean DMC-12 1981 Back to the future now in Vejle .... This icon is in extraordinarily good condition, never restored, only run 4201 miles from new .... Original supplied equipment from new: Delorean jacket ....... Must definitely be seen Chassis number: Speedometer shows: 4201 miles DeLorean DMC-12 The 1981-83 DeLorean DMC-12 sports car is best remembered for its flip-up doors and prominent role as the car modified for time travel in the popular "Back to the Future" movies. It wasn't a bad car, but was rather slow, overpriced and arrived too late to make much of a dent in the sports car market. Few Americans knew much about the car, which was built in Northern Ireland by a company headed by flashy former General Motors top executive John Z. DeLorean. Only 8,583 DeLoreans were built before the company went out of business,, including several gold-plated ones for an American Express Christmas catalog. The DeLorean DMC-12 long had a hard time topping the $12,000-$15,000 in the resale market, but now is valued at $17,500 to $100,000. The DeLorean DMC-12's history is almost as much about John DeLorean as it is about his car. He was a brilliant auto engineer and the youngest vice president in GM history. He successfully headed General Motors' Chevrolet and Pontiac divisions, where he was behind the iconic Pontiac GTO muscle car. Tall, handsome DeLorean was a favorite of the media and got lots of publicity while at GM because he was flamboyant, outspoken and successful. Other GM top executives were bland cookie-cutter "company men.". DeLorean wore his hair long, married several beautiful young women and often drove exotic foreign sports cars instead of Chevy Corvettes, when GM's top executives were supposed to be seen in only GM cars. Hard-working and seemingly tireless, DeLorean may have become GM's president if he had toned down his lifestyle. Finally, in the early 1970s, DeLorean left GM to build a "safety minded" sports car. After numerous talks with various countries, DeLorean persuaded the British government to back his car venture in severely depressed, strife-torn Northern Ireland, which had few decent jobs. It also was where England was desperate to end violence between Catholics and Protestants. The DeLorean Motor Co. was built a shiny new factory near Belfast, which opened in December, 1980, with some 600 workers. The first car came off the line on December 3 that year. Ultimately, several thousand people reportedly held jobs in the facility, which brought relative peace to the area. DeLorean was happy not only to get England's financial support but his automaking operation made it virtually impossible for the British government to close down the factory if things didn't go severely wrong (which they eventually did), without inciting violence in the area. Things went wrong, partly because the DeLorean car operation began swallowing vast sums of money. They came not only from the British government, but also from Wall Street's largest brokerage and banking houses--and affluent individuals. DeLorean remained "golden" in the media, long after he left GM. The DeLorean DMC-12 was at the center of the problems. Initially designed by DeLorean's hand-picked Americans, it soon was also given to engineers from England's Lotus racing and production car facility in that country. Lotus personnel mainly knew how to build specialized, world-class, hand-built race cars, not mass-produced passenger cars. The small number of road cars that Lotus did build were generally unreliable and had sloppy quality. Constant battles erupted between American and Lotus personnel, and top DeLorean executives also were baffled by John DeLorean's seeming lack of interest in his car after the factory operation got underway. By most accounts, DeLorean rarely visited the plant and didn't get involved with many of the car's design features. Rather, he reportedly spent most of his time in his New York penthouse office and traveling about, dreaming up other projects and constantly raising more money for the car operation. He'd wasted years nailing down a government that would give him maximum financial assistance to build his car. All this led to major delays. The car should have come out years earlier for a much lower price. When new, the unproven DeLorean DMC-12 cost a stiff $25,000, when you could buy an established Chevy Corvette for about $16,000. And there weren't many buyers for the DeLorean when it debuted, partly because of its price, unproven nature and the fact that the U.S. economy was in poor shape.
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