If federal regulators can finish the job, DeLorean fans will be able to buy brand-new, fully functional editions of the iconic machine.
Turnkey Replica Vehicle Law Gains Further Traction
Hobbyists were enthused in late 2015 when the U.S. Congress enacted a law allowing low-volume vehicle manufacturers to sell turnkey replica cars—vehicles that appear to be 25 years old or older. Four years later, potential customers are still waiting for the National Highway Traffic Safety Administration (NHTSA) to issue a regulation to implement the law. On behalf of frustrated companies and enthusiasts, SEMA sued NHTSA last October for failing to act.
Good news—NHTSA responded to the lawsuit by issuing a proposed rulemaking. SEMA and many industry companies submitted comments and are awaiting issuance of the final rule. Although there is no deadline, the industry is urging NHTSA to complete the mission this summer so that sales may commence. The new law gives customers the choice of purchasing a turnkey replica car. Nevertheless, hobbyists will always have the option of building a kit car or specially constructed vehicle themselves.