The DeLorean DMC-12 looked like it had arrived from the future, even before Doc Brown turned one into a time machine. With its gull-wing doors, stainless-steel body and low, sharp styling, nothing else on the road looked quite like it. Unfortunately, the performance did not match the appearance, and buyers discovered that the futuristic-looking sports car was not especially fast.
The company was also running out of money. In 1982, John DeLorean became involved in what appeared to be a plan to finance the company through a cocaine transaction. The deal was arranged with James Hoffman, a convicted drug smuggler working as a federal informant. DeLorean was arrested during a videotaped hotel-room sting, but his attorneys argued that the government had pressured a financially desperate businessman into committing a crime.
A jury agreed with the entrapment defense and acquitted DeLorean of all charges in 1984. By then, however, the company had collapsed and his reputation had been permanently damaged.
Was the DeLorean reliable? Early cars had electrical problems, weak alternators, troublesome power windows and inconsistent assembly. The V6 engine itself could be durable, but the car needed attentive maintenance and knowledgeable mechanics. A properly restored DeLorean can be dependable today, although owning one is still more of a passion project than ordinary transportation.
Did you dream of owning a DeLorean before Back to the Future, or did the movie make you want one?
