I like the look of the Delorean. Too bad more cars aren't stainless steel or aluminum.
I'm not sure your rust inhibiting method will provide adequate protection from the elements. It's not just rust to be concerned with, but tree sap, asphalt from newly paved roads, bugs, and impacts from small rocks.
Not only is that a lot of work for very little savings, but weight reduction is pointless in terms of fuel economy.
I'd start with lighter weight wheels, brakes, and rotors, then eliminate the battery.
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