A 1981 [DeLorean DMC-12](https://fridayswatchlist.com/search?make=DeLorean&model=DMC-12) project just fetched $39,500, and that’s strong money for this non-running unit with just 5,000 miles on the clock.

This DeLorean is more than just a car; it’s a pop culture icon. With its stainless steel body, gullwing doors, and turbine-style aluminum wheels, it has a look that’s instantly recognizable. Despite being a project car that hasn’t run in over a decade, its low mileage adds a layer of intrigue. Buyers are often drawn to the DeLorean for its connection to the 'Back to the Future' franchise, and this one offers a blank canvas for restoration or even electrification.

When it comes to the price, $39,500 isn’t just a number; it reflects the heated bidding battle that reached 50 bids. That level of interest indicates that many buyers see value here, especially for a low-mileage example. While the price might seem steep for a car that needs significant work, the unique qualities of this DMC-12 — including its mileage and the iconic status — justify the amount. In comparison, similar project DeLoreans have floated around the $30,000 to $35,000 mark, making this sale a bit above average but not out of line given the bidding activity.

The community chimed in on this one, with one user noting, "That’s a great buy. I thought it might have gone for at least another $5k." That sentiment underscores the belief that, while the price is high, it could have easily climbed even further given the right bidders.

For anyone hunting a similar DeLorean or project car, keep a close eye on the car's history and condition. A low mile count is great, but check for rust, especially on a car that’s been stored for a long time. The DeLorean’s unique construction and materials can lead to issues that aren’t immediately visible. Ensure you know what it will take to restore or revitalize any project you’re considering.