Why did the DeLorean car not sell?

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.

How much did the car from Back to the Future sell for?

A revived DeLorean Motor Company is planning to build a limited run of new cars, some of which could end up as time-machine replicas too. The auction site estimates the value of this replica at $500,000, which seems a little steep considering that an original movie car sold for $541,000 at a charity auction in 2011.

Where is the original DeLorean from Back to the Future?

Petersen Automotive Museum
After filming, it was placed on display at Universal Studios Hollywood, where it fell into disrepair. The car was restored in 2012 in an effort spearheaded by Gale, and went on permanent display at the Petersen Automotive Museum in Los Angeles in 2016.

Did DeLorean pay to be in Back to the Future?

A decade later, DeLorean struck a deal with Universal for the studio to use the name and appearance of the vehicle in connection with the Back to the Future franchise in exchange for 5 percent of the net receipts from “merchandising and commercial tie-ups.”

Can you still buy a DeLorean today?

In fact, you can even still buy a factory-new DeLorean. Now they have more than “99 percent” of the required parts to create a fresh DeLorean from scratch, according to James Espey, DMC’s vice president. The remaining parts can be re-produced or acquired elsewhere, and boom, you’ve got yourself a factory-new DeLorean.

Who owns the Back to the Future car?

The DeLorean DMC-12 time machine, made famous by the 1985 blockbuster, Back to the Future went on public display at the Petersen Automotive Museum on April 22, 2016. The stainless steel time machine will be on permanent loan to the Petersen courtesy of Universal Studios Hollywood.