Luxury Investment Index Special – Back to the Future

The top performing asset class in the Knight Frank Luxury Investment Index (KFLII) is always classic cars, but not even the most desirable Ferrari or Aston Martin can outperform one of film’s most iconic motors.

Yes, you guessed it, I’m talking about the Delorean DMC-12, which 30 years ago transported Marty McFly forward in time to – today!

But time travel aside, as editor of KFLII I thought it would be fun to compare financial performance. Has the Delorean kept pace?

A quick phone call to Dietrich Hatlapa of HAGI, who provides the classic car data we use in KFLII, suggested not quite.

When the Deloreans were built between 1981-1983 they cost $25,000 new, now a really good example will cost around $50,000.

So even taking inflation into account they haven’t lost too much of their value.

Indeed if you bought a second-hand model in 1985 when the first Back to the Future film came out they cost around $20,000 so after inflation you will actually have made a slight profit.

Not too bad, but according to KFLII, the HAGI top index of classic cars has increased by almost 500% over the past 10 years, let alone 30.

However, although many people may not realise it, the futuristic looking Delorean, which was designed by Giorgetto Giugiaro of Italdesign who also created the iconic Mk1 VW Golf, was far from being a concept car and was actually produced in significant numbers with a production run of around 9,000.

Its value has therefore held up remarkably well, although as an investment it can’t compete with property prices and other classic film cars such as the Aston Martin DB5.

Price of Delorean DMC-12
New (81-83) $25,000
1985 (second hand) $20,000
2015 (top condition) $50,000

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