New 400hp Evora
Discussion
My experience with the IPS was not good but others on this forum say they prefer it and to be fair I've not yet come across anyone who had the issues I had. The prob,em is if it fails you're pretty much stranded and have to be recovered. Apart from the reliability I found it a poor system anyway with slow sometimes clumsy gear changes, the manual is miles better.
Tuna said:
P155flaps said:
the GT4 got my money..I expect it will be better built, won't break down after some hard sessions and will hold its value allot better..
Really? I'm under the impression the depreciation on the Evora has been pretty friendly. Certainly no worse than Porsche.Frimley111R said:
I'd expect the GT4 to be particularly sought after depending on numbers produced. The Evora has very good residuals but I tihnk the GT4 may improve on those. Either way, both cars are a fairly safe way to spend your money.
Not the Evora brand new I would suggest, but safe after a few years. I purchased mine in early 2012 when it was just over 12 months old. It was a full spec car, all options: forged wheels, aspen white, sport, tech, premium etc and paid £37,000 from a main dealer.List on that would have been mid £50k I think so it had lost circa £18k in 13 months against list.
After that they level off but the first owner takes a bit of a hit on them it seems. After 24 months virtually depreciation proof as long as you don't do too many miles and wont cost much as long as you still have a warranty it can be cheap. I had about £6k worth of warranty work in my ownership.
I've already been offered a hefty wedge of money to give up my GT4 slot (not selling) but I think that will be free motoring for 12+ months in depreciation terms.
delta0 said:
With the new Evora coming the current Evora values are inevitably going to be hit. I look at Elise and Elise SC prices as reference for the Evora and Evora S. You can already get a new shape almost new Elise S for less than an Evora S. This can't be good for used Evora sales.
TBH an Elise and an Evora are not really comparable. I did 5 consecutive days driving for 5 hours a day in the Evora last week, I couldn't face that in an Elise. One day was 4 hours of autoroute at a steady 90mph cruise control on. Elise would drive me insane trying to do thatblueg33 said:
TBH an Elise and an Evora are not really comparable. I did 5 consecutive days driving for 5 hours a day in the Evora last week, I couldn't face that in an Elise. One day was 4 hours of autoroute at a steady 90mph cruise control on. Elise would drive me insane trying to do that
That is very true. The new model at the very least will begin to effect the current generation. The Evora also seems to be effected by Porsche prices too which will be influenced by the 911 facelift and the new Cayman.delta0 said:
With the new Evora coming the current Evora values are inevitably going to be hit. I look at Elise and Elise SC prices as reference for the Evora and Evora S. You can already get a new shape almost new Elise S for less than an Evora S. This can't be good for used Evora sales.
It's hard to predict - the new car is nearly 30K more than the old base model, Lotus are working hard to push the range further upmarket and the older models are very limited in numbers. If you can't afford a 75K car, the previous model looks like a bargain if you can find one.delta0 said:
With the new Evora coming the current Evora values are inevitably going to be hit. I look at Elise and Elise SC prices as reference for the Evora and Evora S. You can already get a new shape almost new Elise S for less than an Evora S. This can't be good for used Evora sales.
I don't agree, the supply of Evora's is too limited for there to be any impact on price by either the new model or the 911. Lotus are clearly trying to move the new model to a higher price bracket anyway. I think as production of the current model stops prices will harden up very quicklyFRO911 said:
I don't agree, the supply of Evora's is too limited for there to be any impact on price by either the new model or the 911. Lotus are clearly trying to move the new model to a higher price bracket anyway. I think as production of the current model stops prices will harden up very quickly
We will know for sure soon. It is a hard one to predict. delta0 said:
blueg33 said:
I am in the market for a used Evora to replace the one I bought a year ago. Priced have not budged at all in the last 18 months. Dealers are seling the well specced cars quickly.
They've had no reason to budge up until now.blueg33 said:
The only place where there has been movement is on the new Sports Racers as the differential with the 400 is pretty small. I think that the slightly older cars will hold their prices for some time yet. The only ones that have really dropped below £30k are the higher mileage cars.
Time will tell. Other marquee have been falling including AM, Porsche etc. the new model coming and devaluation from that is all downward pressure on the Evora. They won't be going up that's for sure!delta0 said:
With the new Evora coming the current Evora values are inevitably going to be hit. I look at Elise and Elise SC prices as reference for the Evora and Evora S. You can already get a new shape almost new Elise S for less than an Evora S. This can't be good for used Evora sales.
What you mean to say when you talk about buying an Elise S for less than an Evora S? 
New Evora sales are not aimed at current Evora owners. The whole point is to expand the Evora's appeal. For people who like the Evora, you now need £75k to get in a new one, so the disappearance of a base model and move upmarket may well support used Evora values.
I don't see how Evora values are related to 911 values either. 997.1 values are lower because of the s
t engines; 997.2s are staying at high levels because of the better engines and being last of that generation. The NA cars are much less expensive to run and the fact they are no longer being produced will keep prices for them firm.
There were not many post 2012 cars sold http://left-lane.com/european-car-sales-data/lotus... with only 98 in 2014 and I would expect the majority were on the great finance deals available at the time. Its quite a hike in price to the 400 so for me to change from a S I need to find probably £25k. ( new Evoras take a big initial hit).With that and a convertible or cup Evora on the horizon I do not see a sudden glut of cars hitting the used market soon.
I am in the market for a cheap tent though.
There were not many post 2012 cars sold http://left-lane.com/european-car-sales-data/lotus... with only 98 in 2014 and I would expect the majority were on the great finance deals available at the time. Its quite a hike in price to the 400 so for me to change from a S I need to find probably £25k. ( new Evoras take a big initial hit).With that and a convertible or cup Evora on the horizon I do not see a sudden glut of cars hitting the used market soon.
I am in the market for a cheap tent though.
The last NA Evora on PH sold for £25k. Those have definitely fallen recently. The Esprit is a real classic and equally tremendous car and that is now in the £10-15k range.
braddo said:
What you mean to say when you talk about buying an Elise S for less than an Evora S?
New Evora sales are not aimed at current Evora owners. The whole point is to expand the Evora's appeal. For people who like the Evora, you now need £75k to get in a new one, so the disappearance of a base model and move upmarket may well support used Evora values.
I don't see how Evora values are related to 911 values either. 997.1 values are lower because of the st engines; 997.2s are staying at high levels because of the better engines and being last of that generation.
The problem is the Evora is aligned with the Cayman as well and those are falling in price. Further, it is expected a lot of from new owners would take up a 400, especially those with an S. The S is always going to sit a bit above the NA and so more of those coming onto the market is going to push the price of both down.New Evora sales are not aimed at current Evora owners. The whole point is to expand the Evora's appeal. For people who like the Evora, you now need £75k to get in a new one, so the disappearance of a base model and move upmarket may well support used Evora values.
I don't see how Evora values are related to 911 values either. 997.1 values are lower because of the s
t engines; 997.2s are staying at high levels because of the better engines and being last of that generation. Edited by delta0 on Thursday 25th June 12:33
delta0 said:
The last NA Evora on PH sold for £25k. Those have definitely fallen recently. The Esprit is a real classic and equally tremendous car and that is now in the £10-15k range.
One data point doesn't really help your case. The car has been out for five years now, and you can get models in every spec and every condition - each at it's own price. Of your nine total posts on PH, you've only talked down the Evora price - are you in the market to buy one? 
Comparisons with the Esprit are utterly meaningless - the V8 car is now much sought after, and has appreciated significantly over the last 18 months. You won't get one for anywhere near 15K.
As for the link between Evora and the Porsches - Lotus aimed somewhere between the Cayman and 911 with the original car but didn't get the marketing right. The new Evora looks like it'll be put squarely up against the 911. I'd expect that to help prices if they get the press right.
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