How long till the £20k Evora?

How long till the £20k Evora?

Author
Discussion

Lotobear

6,611 posts

130 months

Wednesday 10th April
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Evora prices appear to be softening a little, which is nice as I'm currently on the hunt for one. Leaning towards a 400 as the lower tax bracket is certainly a factor, that and easier to get in and out of though I have to say I'm less keen on the slightly aggressive nose.

Unfortunately Elise prices seem to be too which is a shame as I need to move mine on first

AlexNJ89

2,560 posts

81 months

Wednesday 10th April
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There are some Evora 410s and 430s that are only about £5k cheaper than an Emira.

Maybe I'm missing something but this doesn't make much sense to me.

Lotobear

6,611 posts

130 months

Wednesday 10th April
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I would think it's simply supply and demand, many Emiras have been dumped onto the market and there are fewer Evoras for sale.

...on balance I actually prefer the Evora too, though I would not say no to an Emira smile


milfordkong

1,239 posts

234 months

Friday 7th June
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Just sold my manual 400 2+2 for £36,750 - It was in great condition, though admittedly higher than average miles at 44k - Full Lotus history, report from Lotus showing brakes all good, nearly brand new Michelins all round, one advisory on the MOT for a wobbly head lamp that I sorted with photo evidence and parts invoice before the sale, black Alcantara interior and silver exterior - It really is a lovely car.

It was a really tough car to sell, was on the market for months upon months with plenty of time wasters and only two people who actually came to see it, one of whom bought the car, the other just seemed to want to look at a 400 and ended up buying a far cheaper S1 car. I appreciate they're niche and rare which was a big part of the appeal for me but I really never expected the lack of interest... they're absolutely phenomenal cars and mine was a lovely example.

Just saw another nice looking 400 pop up at Jon Seal with lower miles than mine for just under £40k, prices are definitely coming down.

Would still highly recommend the Evora 400, it was an absolutely fantastic car to own and to drive, just a rubbish car to try and sell!



giveitfish

Original Poster:

4,045 posts

216 months

Friday 7th June
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Your car looked lovely and very good value for such a nice car!

Evoras have always been slow sellers - mine took 4 months to shift and it was a really nice Sports Racer at well under £30k several years ago.

I’m still really tempted to get back in an Evora, however I do think they have a way to drop now the Emira is compressing the top of the market.

Elise’s take almost as long to sell if it’s any consolation!

Gompo

4,434 posts

260 months

Saturday 8th June
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Until we see more untidy and higher mile examples offered for sale, I don't see the bottom end of the market dropping all that much. Yes perhaps some in the high teens come the winter and obviously considering inflation over recent years the 'prices' have dropped, but not massively. The higher powered and priced Evoras are of course under pressure from Emiras now even if they're not directly comparable.

Castrol for a knave

4,845 posts

93 months

Saturday 8th June
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Now the Wells has crept up in price, my car to be buried in is looking more and more like a 400.

I have followed a few and they really do hold their price.

Getting to the point where a good 410 is matching an Emira

Shnozz

27,629 posts

273 months

Saturday 8th June
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Gompo said:
Until we see more untidy and higher mile examples offered for sale, I don't see the bottom end of the market dropping all that much. Yes perhaps some in the high teens come the winter and obviously considering inflation over recent years the 'prices' have dropped, but not massively. The higher powered and priced Evoras are of course under pressure from Emiras now even if they're not directly comparable.
Same happened with an even less well received and rare modern Lotus - the Europa.

milfordkong

1,239 posts

234 months

Monday 10th June
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giveitfish said:
Your car looked lovely and very good value for such a nice car!

Evoras have always been slow sellers - mine took 4 months to shift and it was a really nice Sports Racer at well under £30k several years ago.

I’m still really tempted to get back in an Evora, however I do think they have a way to drop now the Emira is compressing the top of the market.

Elise’s take almost as long to sell if it’s any consolation!
Yeah it was some bad timing too, a 400 hadn't been anywhere near £40k since they launched... then the market did what the market did, a really ropey and really high miles car sold for very low 30s and I had to drop it considerably to sell it. Shame as I think it was worth more (I would say that).

hxc_

390 posts

186 months

Monday 10th June
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There's one up for £22k on ebay... I keep looking at it and I'm struggling to work out why? Is it just the milage? Is 97k really an issue?

milfordkong

1,239 posts

234 months

Tuesday 11th June
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hxc_ said:
There's one up for £22k on ebay... I keep looking at it and I'm struggling to work out why? Is it just the milage? Is 97k really an issue?
It's almost certainly not an issue, but it will put a lot of people off. People were put off by the 44k on my 400 so 97k is a different ballpark. I doubt it'd be problematic at all though as long as the car has been well maintained.

CABC

5,629 posts

103 months

Tuesday 11th June
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milfordkong said:
hxc_ said:
There's one up for £22k on ebay... I keep looking at it and I'm struggling to work out why? Is it just the milage? Is 97k really an issue?
It's almost certainly not an issue, but it will put a lot of people off. People were put off by the 44k on my 400 so 97k is a different ballpark. I doubt it'd be problematic at all though as long as the car has been well maintained.
isn't that the same depreciation a Porsche would suffer though? Engine might be solid but all the ancillaries and seats are 97k old too. part of it is emotion but it's also a higher maintenance level required.

hxc_

390 posts

186 months

Tuesday 11th June
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hmm I am very tempted to try my luck with one of these bottom of the market cars.

The Wookie

13,993 posts

230 months

Tuesday 11th June
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hxc_ said:
hmm I am very tempted to try my luck with one of these bottom of the market cars.
I'd be a bit wary, they're generally solid and simple but from what I've seen as they get older there are an increasing number of obscure and hard to obtain brackets and fiddly bits under the skin that get scabby and corroded.

I don't think it's safe to assume a simple and economical refresh like it would be on a contemporary Elise for example.

blueg33

36,476 posts

226 months

Wednesday 12th June
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The Wookie said:
I'd be a bit wary, they're generally solid and simple but from what I've seen as they get older there are an increasing number of obscure and hard to obtain brackets and fiddly bits under the skin that get scabby and corroded.

I don't think it's safe to assume a simple and economical refresh like it would be on a contemporary Elise for example.
Eg. Can you even get A pillar trims now?

The Wookie

13,993 posts

230 months

Wednesday 12th June
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blueg33 said:
Eg. Can you even get A pillar trims now?
Could barely even get them for the production line when I worked there hehe