Images are general in nature and may not reflect the specific vehicle selected.
History of the 1981-1983 Delorean DMC-12
Conceived by John Z. DeLorean, engineered in part by Lotus, and styled by Giorgio Guigiaro, the DeLorean DMC-12 debuted in 1981. The car quickly piqued the interest of governments hither and yon, who were eager to attract the new car manufacturer and its jobs. The British government ultimately lured the DeLorean Motor Company to Northern Ireland, and a manufacturing facility was established in suburban Belfast.
The public eagerly awaited the vehicle’s 1981 launch, as the car had a rear-mounted engine set-up, gullwing doors, an angular form, and a novel stainless steel finish to accompany its who’s-who pedigree. The car came fully loaded, with the only choice for the buyer being the color of the leather seats (gray or black) and the type of transmission (automatic of a 5-speed manual).
The execution of the idea missed the mark, however. Instead of being sporty, the DMC-12 was equipped with a sluggish Peugeot-Renault-Volvo V6 that produced 130 hp. The car’s build quality was also reputedly poor upon launch, and the sticker price was a substantial $36,000. All of these factors and more conspired to suppress sales.
Production slowly continued into 1982 until the company went bankrupt (some cars were later assembled in 1983 and title accordingly). John DeLorean desperately tried to secure funding to rescue production, and became involved in a large-scale FBI cocaine bust. The arraignment effectively destroyed any hope of reviving the company and the DMC-12.
1981 delorean dmc-12 Info
6-cyl. 2850cc/130hp FI
Curb Weight: 2844 lbs.
Length: 168 in.
Wheel Base: 94.8 in.
5-Speed Manual Transmission
Rack & Pinion Steering
Tilt Steering Wheel
*Please note: All prices shown here are based on various data sources, as detailed in About Our Prices. For all Hagerty Insurance clients: The values shown do not imply coverage in this amount. In the event of a claim, the guaranteed value(s) on your policy declarations page is the amount your vehicle(s) is covered for, even if the value displayed here is different. If you would like to discuss your Hagerty Insurance policy, please call us at 877-922-9701.