Emira effect on values
Discussion
What's folk views on where used prices are headed now the Emira is filtering onto the used market?
Keep find myself being drawn to the GT 410 but conscious an Emira is much the same price bracket.
By all accounts the Emira is the better car. More refined, better handling, improved build quality, etc. So for most buyers in that segment I'd imagine they'd discount the Evora.
The Evora is obviously a much rarer beast and to some extent will have it's own following/ market but the glitter of Emira's must surely add some downward pressure to the Evora residuals.
Keep find myself being drawn to the GT 410 but conscious an Emira is much the same price bracket.
By all accounts the Emira is the better car. More refined, better handling, improved build quality, etc. So for most buyers in that segment I'd imagine they'd discount the Evora.
The Evora is obviously a much rarer beast and to some extent will have it's own following/ market but the glitter of Emira's must surely add some downward pressure to the Evora residuals.
I went through exactly the same thought process. My decision is to stick with my 400 for now as it's been ultra reliable and cheap to run. In my opinion the Evora feels faster simply because you are less well insulated from road and engine noises than you are in the Emira.
What swung it for me though, and I do realise that it might not be a big deal for most people, is the paint on the Emira. A technician I was speaking to when my car was in for service told me that the paint on an Emira is like chocolate. He said so much so that once a car is prepped for delivery they cover it and don't go near it as it marks so easily.
I couldn't live with that. I know I could PPF it but that in itself adds cost.
My next car will be an Evora GT car.
What swung it for me though, and I do realise that it might not be a big deal for most people, is the paint on the Emira. A technician I was speaking to when my car was in for service told me that the paint on an Emira is like chocolate. He said so much so that once a car is prepped for delivery they cover it and don't go near it as it marks so easily.
I couldn't live with that. I know I could PPF it but that in itself adds cost.
My next car will be an Evora GT car.
Imo The evora feels way more special with its rear flared arches when driving.. sitting in it, and looking at externaly , its aging very well . there something off with the emira rear end design , just as the oringinal evora front end was a little bland in certain colurs ,, I certainly didnt feel any emotion when sitting in the Emira .. so i pulled my deposit.- which has turned out to be a stroke of luck considering the mess lotus have manged their way into along with poor build unhappy customers they stick two fingers up to.. ... with over 70 emiras on autotrader it seems my feelings were not alone .. I dont have an evora presently only classic lotus's but when the time comes again it will be 400 or gt car .... i look forward to that time again i only see emira values dropping evoras holding on better ..
Edited by andyj007 on Wednesday 22 November 17:44
I bought my Evora new in May'21, same month they announced the Emira, so I've been asking that very question about relative values for some time, wondering if I'd made a big mistake.
Two and half years on and I'm very comfortable with my Evora choice for many reasons, but I think the key point is that the Emira doesn't really bring anything new dymically to the party. It's a very good refinement of the Evora platform targeted at a newer, different customer base. The Evora appeals more to the old school. If anything I think the wider awareness of how brilliant Evora/Emira platform is will probably drive a few more old school enthusiasts to the Evora as it was the first and now rarer. That to me suggests that over time the run out Evora GT models may become more sought after. Just my opinion, could be completely wrong but won't matter because I have the perfect GT.
Two and half years on and I'm very comfortable with my Evora choice for many reasons, but I think the key point is that the Emira doesn't really bring anything new dymically to the party. It's a very good refinement of the Evora platform targeted at a newer, different customer base. The Evora appeals more to the old school. If anything I think the wider awareness of how brilliant Evora/Emira platform is will probably drive a few more old school enthusiasts to the Evora as it was the first and now rarer. That to me suggests that over time the run out Evora GT models may become more sought after. Just my opinion, could be completely wrong but won't matter because I have the perfect GT.
It's a shame the Emira has been launched into such a tough time, ( as has been the downfall of other low volume british sports cars over the years ). Seems a lovely product but the unfortunate timing does seem to mean that values are dropping quickly which I think will effect Evoras in the short term at least..
For me the lightweight rawness of the higher performance variants of the Evora make it a more exiting car to drive but for the masses its going to be hard to ignore Emiras as an alternative.. This one has just come on at £67,750 at Sytner with sub 2k miles..Not sure if it has a story, ( no pics yet ), but its the cheapest I've seen so far..
https://www.pistonheads.com/buy/listing/15980683
Hopefully things bottom out at a sensible level soon..
For me the lightweight rawness of the higher performance variants of the Evora make it a more exiting car to drive but for the masses its going to be hard to ignore Emiras as an alternative.. This one has just come on at £67,750 at Sytner with sub 2k miles..Not sure if it has a story, ( no pics yet ), but its the cheapest I've seen so far..
https://www.pistonheads.com/buy/listing/15980683
Hopefully things bottom out at a sensible level soon..
Edmundo2 said:
It's a shame the Emira has been launched into such a tough time, ( as has been the downfall of other low volume british sports cars over the years ). Seems a lovely product but the unfortunate timing does seem to mean that values are dropping quickly which I think will effect Evoras in the short term at least..
For me the lightweight rawness of the higher performance variants of the Evora make it a more exiting car to drive but for the masses its going to be hard to ignore Emiras as an alternative.. This one has just come on at £67,750 at Sytner with sub 2k miles..Not sure if it has a story, ( no pics yet ), but its the cheapest I've seen so far..
https://www.pistonheads.com/buy/listing/15980683
Hopefully things bottom out at a sensible level soon..
We're lower than that already. There's one with only 4k miles on it for £65k on Autotrader.For me the lightweight rawness of the higher performance variants of the Evora make it a more exiting car to drive but for the masses its going to be hard to ignore Emiras as an alternative.. This one has just come on at £67,750 at Sytner with sub 2k miles..Not sure if it has a story, ( no pics yet ), but its the cheapest I've seen so far..
https://www.pistonheads.com/buy/listing/15980683
Hopefully things bottom out at a sensible level soon..
I've been following the lowest prices for Emira's since around August. Not with a view to buy one, but in the hope it lowers Evora prices (sorry owners) as I have a budget of 30-40k.
In that time we've went from 72k to 65k for the lowest priced Emira in the country. To me, 7k drop in 4 months is pretty horrible but what I will say is that it has had zero effect on the highest priced Evora's, However, it's going to be interesting to see what happens over the next 6-12 months if that rate of depreciation doesn't slow dramatically as the most expensive Evora is currently sitting at £61,995.
If we were discussing M3s or 911s I don't think any of us would be in doubt what's going to happen. However, being a niche product, the difference in experience and the 2 v 2+2 makes this complicated.
Currently looking at a 400 or Emira to replace my Giulia QV.
There’s 2018 Evoras out there at the same price as a lightly used Emira - is the Evora just holding its price or the Emira slipping further than we thought?
I’ve always wanted a 400 since I had my V6 Exiges, but something niggling me that it’s now ‘old’ and superseded by the Emira.
Most / all / if any issues now sorted on an Evora, whilst we still hear of QC issues on the Emira?
Don’t know what to do…
There’s 2018 Evoras out there at the same price as a lightly used Emira - is the Evora just holding its price or the Emira slipping further than we thought?
I’ve always wanted a 400 since I had my V6 Exiges, but something niggling me that it’s now ‘old’ and superseded by the Emira.
Most / all / if any issues now sorted on an Evora, whilst we still hear of QC issues on the Emira?
Don’t know what to do…
I’ve got a 400. The first car I’ve had that I’m not getting itchy feet to move on after two years. Ever. And I’ve had a fair few cars.
The one thing. The only thing that puts me off the Emira is the paint. I’ve had 3 separate dealers warn me that it’s like chocolate. They are scared to go near it. I couldn’t live with that.
My next car will be a 410 or a 430 (if I can find one)
The one thing. The only thing that puts me off the Emira is the paint. I’ve had 3 separate dealers warn me that it’s like chocolate. They are scared to go near it. I couldn’t live with that.
My next car will be a 410 or a 430 (if I can find one)
I am looking at getting a 400 later in the year. I just much prefer the look than the Emira..
I might go 410 but I have set myself a budget and will try stick to it.
The Emira is a lovely car but I not sold on the looks. The bonnet looks odd and the rear just has Volvo house design look to it.
The way Evora values have held up is impressive.
I might go 410 but I have set myself a budget and will try stick to it.
The Emira is a lovely car but I not sold on the looks. The bonnet looks odd and the rear just has Volvo house design look to it.
The way Evora values have held up is impressive.
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