Lot 281 - 1981 DeLorean DMC-12
|Estimate||£22,000 - £26,000|
|Result||Sold - £30,800|
When John Z. DeLorean stepped down from his position as the general manager of Chevrolet in 1973, it was widely reported that DeLorean 'had fired General Motors'. Always ambitious and willing to try new things, the talented salesman and engineer was planning to go his own way with a new sports car, one that would be more technically advanced and have superior safety features. He called it 'the ethical sports car-for the bachelor who's made it'. Built in Northern Ireland, under an agreement with the British Government, the DMC-12 was styled by Giorgetto Giugiaro, of Italdesign. It featured distinctive gullwing doors and outer body panels of brushed stainless steel over a rear-engined, Renault-powered chassis and suspension that was largely based upon the Lotus Esprit. Colin Chapman, founder of Lotus, was then brought in to resolve any engineering issues. The first 500 production DeLoreans were ready for shipment in April 1981 and, at first, the model was a smash success, mainly due to its founder's fame and innovative design. Unfortunately, the success cooled quickly and the DeLorean Motor Company filed for bankruptcy in late 1982, after John DeLorean's well-publicised arrest on drug trafficking charges. He was eventually acquitted but it was too late to save his dream. Some 9,200 DeLoreans had been built with approximately 6,500 still in existence worldwide today.
Originally supplied to the USA before being imported into Germany and then purchased by the current owner and collector in 1995, this DMC-12 has covered just 10,000 miles in the past 19 years and is offered, as you can see, in very respectable order, with the owner describing it as a very good, nine out of ten throughout. The grey leather, much like the brushed stainless steel body panels, is a credit to the car and indeed render this example, as expected, very much a head turner. Within the history file; a V5 registration document, old invoices for upkeep and servicing and MoT test certificates, both old and new are present, with the current MoT test valid until July 2015. These cars are now not only fondly remembered for their colourful design and production, but also for their role in the 1985 film 'Back to the Future' and, as the 80's child becomes the avid collector, we think this will bring a second wave of value to the once very highly regarded DeLorean.
Interested parties should satisfy themselves as to the description and condition of each lot prior to the sale. Accordingly, buyers are on notice that each vehicle is offered ‘as is/as seen’ subject to the Terms and Conditions for the auction. Buyers are advised to inspect the vehicle in person or use a professional to carry out this service. Historics will not entertain disputes over descriptions.