What's an S1 with 140k miles on worth?

[oodam]

Like it says really... What do you think it's worth? A standard S1 in good order but with 140000 miles on the clock.

[oodam]

Consider a C service just done. No need for a respray, suspension renewed 6k ago.

[oodam]

and... original engine, clutch, gearbox, alternator, clams, wheels, radiator, mmc discs with loads of meat left on the pads. The biggest replacement part needed has been a new fuel pump.

[pthelazyjourno]

I got told up to £7k for a modified (160bhp, S2 dampers etc) S1 with around 100k miles (reputable Lotus trader).

Sold for £8k, but again literally 80 per cent + is brand new.

So going off that, expect offers of £5-6k.

[Captain Muppet]

I've no idea on value, but it's nice to know that my Elise will last to do double the mileage it's currently on. At my current annual mileage that's another 23 years!

[ChrisJ.]

I'd say £5000 and maybe a little more.
Difficult to narrow it down without having it to view?

I would think there's more value for money in the immediate sub £10k bracket, and even better beyond that?

[oodam]

Thanks chaps; I was thinking around the 5.5 mark. I might just stick it on a SORN for a few years, I'm not going to give it away. I just need a more practical car for some upcoming high business miles and I can't afford to run 2 cars but seeing as it's not really going to depreciate much, I might as well store it in the garage for a bit.

[Stig95]

Pics would help too.

Probably about 5k in my mind unless the service history is all there. Then the price may go up if it's exseptional

[John D.]

oodam said:

and... original engine, clutch, gearbox, alternator, clams, wheels, radiator, mmc discs with loads of meat left on the pads. The biggest replacement part needed has been a new fuel pump.

So it will need a clutch, rad, alternator at some point. Probably sooner rather than later.

Was that list supposed to be a selling point or just honest appraisal of the car? Not trying to be harsh but that is the reality with buying one of these cars now. Been there, got the t-shirt.

[EvoraEvora]

If it's straight 7k minimum.

[pthelazyjourno]

EvoraEvora said:

If it's straight 7k minimum.

Cloud cuckoo land, market isn't that strong IMO.

Considering you can buy nice, straight and original cars with 60k or less for £8k, 111S with well under 100k for around £9k, I doubt there's a chance in hell of getting £7k unless there's something unusually good about the car.

Original radiator, head gasket, clutch etc is not a selling point, as you're sitting on a bill of £2k+ in the very near future, would make me walk unless v.cheap.

And I did buy a car with much higher miles than most, so not adverse to high mileage Elises.

[AndySpecD]

Mine's got 106k on it, drives better and in better order throughout than plenty I've seen with 50k on. Buy on condition, specification, history. I'd say £6-£6.5k still if it's all in good order.

Also a standard S1 complete with MMC brakes etc is getting harder to find. I'd keep it tucked up, if you sell it you're bound to miss it.

[Spunagain]

Sold mine 98 in April for 6700 with 118k on the clock - took a few weeks to go to.
It was in very good nick with a fair few mods - including S2 suspension and 146hp. But original clutch and radiator.
Price started at 8500 and gradually got reduced until I got a buyer.
I think he got a bargain. But other offers were from abroad and were beaten to it by a UK buyer.
My record of 1st viewer buying my cars is unbroken!

[oodam]

John D. said:

oodam said:

and... original engine, clutch, gearbox, alternator, clams, wheels, radiator, mmc discs with loads of meat left on the pads. The biggest replacement part needed has been a new fuel pump.

So it will need a clutch, rad, alternator at some point. Probably sooner rather than later.

Was that list supposed to be a selling point or just honest appraisal of the car? Not trying to be harsh but that is the reality with buying one of these cars now. Been there, got the t-shirt.

Well predicted, the alternator bearings gave up on Friday!

[John D.]

Ah the joys of Elise ownership

Hopes its a straight forward and cheap fix.

[oodam]

Fairly straight forward; the hardest bit was getting the wheel arch liner off. £90 for an alternator and a fairly non rushed 3 hours with lots of tea. It was a bit tricky because I could only get one hand in at a time so it was difficult to align but I got there in the end.

[ChrisJ.]

Here's a cheapy?:
http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&am...

[AndySpecD]

ChrisJ. said:

Here's a cheapy?:
http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&am...

Over £4k with 18 bids and 4 days to go, can see that goiing up a fair bit nearer the end of the auction, and 5 years laid up? Brakes, rubbers, battery, immobiliser fault so engine not running, tyres etc etc? Maybe not a total bargain at much over the current bid.

Think I'd pick up this little beauty, 104k miles on the clock, but mine has 106k on it and still going absolutely fine (original engine, box and clutch etc) http://classifieds.pistonheads.com/classifieds/use...

Edited by AndySpecD on Wednesday 3rd October 13:57

[ChrisJ.]

It's a fine line.

They make nice projects though, the cheaper end cars?
'Beats a lot of kit car starter kits hands down.

[oodam]

AndySpecD said:

Over £4k with 18 bids and 4 days to go, can see that goiing up a fair bit nearer the end of the auction, and 5 years laid up? Brakes, rubbers, battery, immobiliser fault so engine not running, tyres etc etc? Maybe not a total bargain at much over the current bid.

Think I'd pick up this little beauty, 104k miles on the clock, but mine has 106k on it and still going absolutely fine (original engine, box and clutch etc) http://classifieds.pistonheads.com/classifieds/use...

Edited by AndySpecD on Wednesday 3rd October 13:57

That one, (went for just over £5k) is a complete dog compared to mine so I'd guess mine is worth nearer £6k based on that sale price. The other 104k mile one looks very good to me although I'm not a fan of blue seats; it has to worth 6ishk of anyone's money. There is only so much you can tell from an advert however.

I took mine out for a spin the other day and it was fantastic in every way. I have as a daily drive now a 2 litre turbo Audi A3, and although it's actually faster in the real world (oddly it's exactly twice the weight and twice the power, 240bhp and 1400kg as opposed to 120bhp and 700kg) the Lotus blows it away in terms of driving pleasure, handling, throttle response and ultimate economy.

For those that were fishing for a piccy... (Note that the original wheels are in the garage, and this is a picture of it while in daily use and not as clean as it could be.)