More than three decades ago, the DeLorean DMC-12 was produced by the DeLorean Motor Company. However, production was stopped due to issues within the company. The car itself was decent and very futuristic. It was a long shot for the American company to produce such a futuristic vehicle as it encountered so many financial difficulties for the production of that single model. It was the first and last that the company ever made.
A lot of people were mesmerized by the aesthetic design of the DMC-12. During that time, with 9,000 units produced before it stopped production in 1983. Due to the limited number of units, it is considered as one of the most coveted possessions for car collectors. As per 2007, only 6,500 out of the 9,000 were believed to exist.
For the past two decades, a company in Humble, Texas has been working on restoring and offering parts of the original DeLorean DMC-12. Although it bears the same name as the original makers, the current DeLorean Motor Company has no relation whatsoever with them. Recently, the company started to accept pre-orders through its website.
Even though it is not related to the original firm, the current DMC owns some of the original’s leftover parts which they have used to build a set of 300 new units. Thankfully there is enough materials to build them all. The law, specifically the $305 billion highway bill in 2015, allows the new DMC to freely recreate the Back to the Future stainless steel sports car.
The $305 billion highway bill covers the Low Volume Motor Vehicle Manufacturers Act of 2015 allowing small manufacturers or those that produce less than 5,000 cars per year to be able to construct yearly no less than 325 replicas of car models (those that have been released more than 25 years ago). This law debunks the previous rule where replica builders were subjected to the same regulations as mass-producing automakers.
The new DeLorean DMC-12 is expected to undergo production by 2017 keeping Back to the Future fans on their toes. However, the company is still mum as to the specific details and list of features of this much-awaited comeback. If you remember, the original model had an underpowered 2.85-liter V6 engine which to be honest, doesn’t really fit well with the car’s sporty and futuristic look. It did become popular but for performance enthusiasts, it might prove to be too weak that is why some are crossing their fingers that the new models will come with better and more powerful engines.
The company has not released a price tag but the costs for existing cars and full restoration services start at around $65,500 per job order. The new DMC however says that all of the new DMC-12 will be hand-made, projecting a production rate of one car per month on its initial production and by the end of its second year of production, will rise to one car weekly. Since it will be made by skillful hands, it’s to be expected that this car will cost more than its restored brothers.