Why did DeLorean stop making cars?
Why did DeLorean stop making cars? Downturn and bankruptcy The lack of demand, cost overruns, and unfavorable exchange rates began to take their toll on DMC’s cash flow in late 1981. The company had estimated its break-even point to be between 10,000 and 12,000 units, but sales were only around 6,000.
The lack of demand, cost overruns, and unfavorable exchange rates began to take their toll on DMC’s cash flow in late 1981. The company had estimated its break-even point to be between 10,000 and 12,000 units, but sales were only around 6,000.
How much did a DeLorean cost in 1985?
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.
How much is a 1983 DeLorean worth?
| VEHICLE | STATUS |
|---|---|
| 1983 Delorean DMC-12 5-Speed 27,000 mi · Manual · LHD Los Angeles, CA, USA | $23,000 HIGH BID |
| 4400-Mile 1983 Delorean DMC-12 5-Speed 4,410 mi · Manual · LHD Los Angeles, CA, USA | $52,000 SOLD |
| 1983 Delorean DMC-12 Manual Kissimmee, FL, USA | $23,000 HIGH BID |
How much is a DeLorean worth 2022?
Reworking The Past. Made famous after DMC’s demise in 1982, the DMC-12 was featured in the 1985 film Back To The Future as a time machine. Only 9,000 DeLoreans were ever made and have since become collectors’ items worth far more than its initial price of $12,000. (That’s about $38,000 in 2022.)
