How long till the £20k Evora?

How long till the £20k Evora?

Author
Discussion

Gravel

116 posts

120 months

Wednesday 18th February 2015
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kbf1981 said:
Recon they'll offer the 400hp conversion? Or not so people are forced to trade up (like they do on Porsche's from 991 to 991 to gts etc.)
Would there be much demand, or much in it for Lotus? The current supercharger costs ~£1500 for just the charger, so I'd guess the next size up is dearer, and there must be a fair few ancillaries involved with the new charge cooler setup. And then the labour costs...

Would it have any advantages over a Komotec upgrade? I can't see that Lotus would want to provide factory warranty cover for fitting this kit to anything other than practically brand new engines...

Boogs

406 posts

143 months

Tuesday 24th February 2015
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Think someone has made a mistake

http://www.ebay.co.uk/itm/2009-LOTUS-EVORA-3-5-V6-...

£16k when I posted this.

Sumsion

277 posts

172 months

Wednesday 25th February 2015
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My view , having seen the pictures and spec of the 400 Evora , is the current model 350 bhp S Evora will hold its price and the good ones will appreciate as has happened to the S1 Exige . Not that many MY 2012 made or for sale which should help . Could this be a future classic ?

CTE

1,488 posts

240 months

Wednesday 25th February 2015
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I think Evoras are too niche (unfairly really), look at the Esprit...great car but still comparatively cheap compared to less accomplished rivals. I think you make a good point that the current Evora is preferred by some to the new car and there relative scarcity means there will be some demand at the right price. I guess if the new version proves to be relatively popular then it might open up more eyes to the current version and subsequently keep prices strong??

limpsfield

5,884 posts

253 months

Wednesday 25th February 2015
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I was at Bell & Colvill this morning and they were saying that because of the price hike to the Evora400 they reckoned that second hand prices would stay firm and still good demand for previously owned Evoras.

they had an Exige S in there in Liquid Yellow - a Megane sports colour - fantastic looking car in the flesh

Edited by limpsfield on Wednesday 25th February 11:45

C43

666 posts

198 months

Wednesday 25th February 2015
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might have to pop in to B&C, an Exige S is the only thing would get me out of my Evora.

C43

Sumsion

277 posts

172 months

Wednesday 25th February 2015
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So is the plan to buy up Evoras , stash them in a barn and make a killing in 20 years time .........

stuno1

1,318 posts

195 months

Wednesday 25th February 2015
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Sumsion said:
My view , having seen the pictures and spec of the 400 Evora , is the current model 350 bhp S Evora will hold its price and the good ones will appreciate as has happened to the S1 Exige . Not that many MY 2012 made or for sale which should help . Could this be a future classic ?
Not convinced. There are now a few 2011 s models between 35k and 37k. They may settle at around that price but have come down a bit.

Stu

Gravel

116 posts

120 months

Wednesday 25th February 2015
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stuno1 said:
Not convinced. There are now a few 2011 s models between 35k and 37k. They may settle at around that price but have come down a bit.

Stu
And a couple of 2012 Evora S's at 40K odd. I can't imagine that putting 15-20k miles a year on any Evora is going to anything but drive its price down...


Gravel

116 posts

120 months

Monday 2nd March 2015
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Just as an annecodatal - I was offered a new 'old 350BHP' car at an unspecified discount while looking for a used one, and I can see both a manual and an IPS Evora S Sports Racer for £64K new via a quick web-search. So, I don't think that Lotus or their dealers believe that the public would rather have a current shape over a 400...

And if the new one is 72K and available on the 50:50 deal, it'd be an even easier choice between a 350BHP car at £32k * 2 or a 400BHP one at £36K * 2...

Surely that's gotta put pressure on the prices of 3/4/5 year old Evoras?




Sumsion

277 posts

172 months

Monday 2nd March 2015
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Not convinced . The styling and spec are different and most of all the price. I think the good spec low mileage existing cars will maintain the current prices. Personal preference , for example I liked the S1 Elise for the curves and did not like the angular S2. Fortunately we all have our own views otherwise we all would be driving Eurobox slob mobile 4's !
Anyway as an existing owner I want to talk the prices up .....

Gravel

116 posts

120 months

Monday 2nd March 2015
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Sumsion said:
Not convinced . The styling and spec are different and most of all the price. I think the good spec low mileage existing cars will maintain the current prices. Personal preference , for example I liked the S1 Elise for the curves and did not like the angular S2. Fortunately we all have our own views otherwise we all would be driving Eurobox slob mobile 4's !
Anyway as an existing owner I want to talk the prices up .....
Fair enough - and I'm not trying to upset existing owners! The way I see it, without depreciation, there would be no secondhand market, as if new and used cars cost the same, everyone would just buy new to choose the colour and options they want...


limpsfield

5,884 posts

253 months

Tuesday 3rd March 2015
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Stop talking about it Gravel and just buy one

Sumsion

277 posts

172 months

Tuesday 3rd March 2015
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And there lies Gravel's problem , shortage of good spec used stock to choose from let alone " bargain " price . Good luck in your search !

Gravel

116 posts

120 months

Tuesday 3rd March 2015
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Sumsion said:
And there lies Gravel's problem , shortage of good spec used stock to choose from let alone " bargain " price . Good luck in your search !
Cheers - it is hurting my head that I might end up spending way more than I've ever spent on a car, and end up with one in a colour I don't like at all,or with a spec that's not quite what I'd want!

The scarcity is also making me think very anti-social thoughts like - 'Ooh, that's a bargain, better not tell anyone else until I'm sure it's not the one I want!'

blueg33

35,860 posts

224 months

Tuesday 3rd March 2015
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Gravel said:
Cheers - it is hurting my head that I might end up spending way more than I've ever spent on a car, and end up with one in a colour I don't like at all,or with a spec that's not quite what I'd want!

The scarcity is also making me think very anti-social thoughts like - 'Ooh, that's a bargain, better not tell anyone else until I'm sure it's not the one I want!'
I ended up compromising a litle, on mileage so I could get all three packs and a car with all of the issues sorted. My experience of cars like this suggests that low mileage can do more harm than good. Regular use flushes out the issues etc. My Tuscan was totally reliable, I bought it with 54k miles on the clock. My Ginetta was 12 years old and had 5k miles on the clock - the first 6 months were a catlogue of issues caused by lack of use

Gravel

116 posts

120 months

Tuesday 3rd March 2015
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blueg33 said:
I ended up compromising a litle, on mileage so I could get all three packs and a car with all of the issues sorted. My experience of cars like this suggests that low mileage can do more harm than good. Regular use flushes out the issues etc. My Tuscan was totally reliable, I bought it with 54k miles on the clock. My Ginetta was 12 years old and had 5k miles on the clock - the first 6 months were a catlogue of issues caused by lack of use
Cheers - yes, I looked at a MY11 on Saturday with only 2,100 miles on the clock! Having had a new car before, I did indeed think that it wouldn't have been driven enough to be de-niggled, and I would worry about the age of the fluids and indeed tyres as people might not service cars that haven't turned a wheel in a year.

Having seen a Sports Racer up close, I think that's the trim I'd want, and does indeed give me all the packs in one hit. According to howmanyleft though, there are only 40 manual S versions on UK roads, and I'd imagine most people are very, very happy with them and unlikely to be trading them in soon.

I think I need to go visit some more dealers and get a test drive in!




alex_gray255

6,313 posts

205 months

Tuesday 3rd March 2015
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I'm surprised how fixated people are on mileage.

Personally, I prefer a car which has some mileage on it. It means the engine is bedded in and
used, plus any obvious issues have been sorted out.

Shnozz

27,473 posts

271 months

Tuesday 3rd March 2015
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I agree in that the higher mileage cars I have had (within reason) have proved the most reliable. However, the market is dramatically reduced at resale.

I paid a large premium for my first Elise many moons ago for a 1 owner v low mileage car. It had stood in a garage for most of its years and as soon as I started driving it everything started to require replacement aside from the (immaculate) clams and interior!

In contract I bought an S2 Exige with 45k on the clock and have done 11k since and it's not needed for anything other than the usual brakes and tyres. So instead I've spent a small fortune on upgrades.

A fool and his money..

Gravel

116 posts

120 months

Tuesday 3rd March 2015
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Shnozz said:
I agree in that the higher mileage cars I have had (within reason) have proved the most reliable. However, the market is dramatically reduced at resale.

I paid a large premium for my first Elise many moons ago for a 1 owner v low mileage car. It had stood in a garage for most of its years and as soon as I started driving it everything started to require replacement aside from the (immaculate) clams and interior!

In contract I bought an S2 Exige with 45k on the clock and have done 11k since and it's not needed for anything other than the usual brakes and tyres. So instead I've spent a small fortune on upgrades.

A fool and his money..
My first car had ~80k miles on it and was just 4 years old when I bought it. Serviced at least twice a year before I got it, and ran like clockwork. If I had however done my homework, I would have bought one that had just had its cam belt change done, so that I wouldn't have had to pay for it myself wink

My second car was new, and I spent quite a while drinking Toyota's coffee while waiting for stuff to be fixed/tweaked for free under warranty.

So, I'm pretty sure I don't want a 0-mile new one, and I'm going to test drive a ~30K mile car and then possibly a newer one if that one seems good but not 'new enough' for me.