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Tuesday, October 02, 2007

DMC is back!


No, I'm not talking about the rappers. The company that the late John De Lorean started in 1975, and which folded in bankruptcy in 1983, is once again producing the De Lorean DMC-12. It can be yours for a starting price of $57,500!

The De Lorean Motor Company went bankrupt in late 1982 following John De Lorean's arrest in October of that year on drug trafficking charges. He was later found not guilty, but it was too late for the DMC-12. Approximately 100 partially assembled DMC's on the production line were completed by Consolidated International aka Big Lots. The remaining parts from the factory stock, the parts from the US Warranty Parts Center, as well as parts from the original suppliers that had not yet been delivered to the factory were all shipped to Columbus, Ohio in 1983–1984 where they were sold to retail and wholesale customers via mail order. In 1997, De Lorean Motor Company of Texas acquired this inventory.

New DMC-12s had a suggested retail price of $25,000 in the 1980's($650 more when equipped with an automatic transmission); this is equivalent to approximately $62,300 in 2007 dollars. I wanted one of these really bad!! And now they're actually more affordable. Proving once more that all good things come to those who wait. Click the link in the first paragraph to customize yours though - Mine actually came out to $ 70,470 after I added all of the "goodies". . .;)

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3 Comments:

Blogger Parson said...

For $57,000.00 it better be able to fly and take me back to the future.

title="comment permalink">October 02, 2007 8:17 PM  
Blogger John Good said...

Parson - For $100 extra, they'll add on the Maui Schnapps storage compartment and Foster's "Big Ass Beer Holder"(TM). That should do the trick! ;)

title="comment permalink">October 03, 2007 8:18 PM  
Blogger Parson said...

mini bar!!! sweet.

title="comment permalink">October 04, 2007 12:06 AM  

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