The $50,000 Red Delorean

red-delorean-dmc-12

Rich guys will pay anything to relive their childhoods.

The Delorean DMC-12 has a rich history, not because of its performance or a long production life, but because of its place in pop culture courtesy of Doc Brown and Marty McFly.

The DMC-12 is a sports car that was manufactured by the Delorean Motor Company for the American market in 1981 and 1982 in Northern Ireland. I think virtually everyone who’s even remotely into cars knows its story, but the DMC-12 is the only model Delorean ever produced. The DMC-12 featured gull-wing doors with a fiberglass underbody to which those famous brushed stainless steel panels were affixed.

Despite having just 130 hp in U.S. models, the Delorean today remains one of the most collectible models from the 1980s. One “barn find” model just sold for nearly $50,000. From the picture above, I’m sure you can guess what makes it even more rare than a typical Delorean.

That’s right: It’s red.

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Restore or Not Restore: The 1967 Ferrari 330 GTS

1967 Ferrari 330 GTS

When a long-forgotten rare and classic car is found and brought into the public eye, it usually doesn’t take long for it to be restored and sold again in tip-top shape.

A recent find, though, brings up an interesting conundrum. A 1967 Ferrari 330 GTS, in its original state, has been found in a Pennsylvania garage. It’s rare to find a Ferrari of this vintage in any condition, but it’s nearly unheard of to find one of just 99 examples built that is in its completely original shape.

Well, original save for a small engine fire.

Even considering the fire, the car might be worth more if left untouched.

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Who Bought a $250,000 1968 Shelby GT500KR?

A “barn find” story always warms my cockles.

In fact, I thought I’d struck gold once myself. On a random drive through my city I spotted a split-window Corvette, rusting, rotted, and sitting outside under a group of pine trees. While I briefly fantasized about picking up that car, storing it in my garage and restoring it to the luster it once had, my dreams were shattered when I discovered the “Spokane Split-Window” is pretty well known already thanks to being discovered by Google’s Streetview a number of years ago. The owner, for whatever reason, has no intention of selling.

Even if I did rescue the old car, I’m guessing it has reached the point of being un-restorable. Too bad, because I could be up to the owner’s house and have the car loaded up and safely in my garage within an hour.

While I prefer the kind of story where a random passer-by finds a rare, valuable forgotten classic and buys it for cheap, the kind where a rich celebrity buys a forgotten classic for a quarter-million dollars is pretty nice, too.

Add some mystery to the equation and things get fun.

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