Good price - 111S '02 Plate

[Bingoid]

Pis(ton)headers,

I've been offered a 111S on an '02 plate, red, 19k miles, black alcantara interior, ITG induction and sports exhaust, and aircon for about £18k from a main dealers.

Is this a good deal?

Red's not my first choice of colour, but it seems too good to pass up.

All comments welcome!

[S Works]

IMvHO the best value S2 111S out there at the moment is this one.

www.pistonheads.com/sales/64022.htm

So from a dealer that price is about average I'd say.

[Bingoid]

Hmm,not a bad car - think the wheels are a bit extreme - its going to be my only car - plus I'm not convinced that it isn't a 120 bhp car (its described as a 111 S2, not a 111S S2...)

And its in Huddersfield, which is about a squillion miles from BoMo <sic>

Looking at What Car the price seems quite decent....

[ayjay]

sounds like a lot of money to me... bearing in mind that you can get a 111R for little over £20k... there are millions of S2 111S cars out there and all those 3-yr finance deals are starting to mature... I reckon you need to be paying £16-17k tops for a nice one... bargain hard!

[Bingoid]

Really Ayjay? there are less than 10 cars in the UK for less cash than that - and 19k is low miles too.

Plus the ITG intake and zorst, and a/c would bump the price up, plus I'll be pushing for a 2 year warranty!

[shangani]

S Works said:

IMvHO the best value S2 111S out there at the moment is this one. www.pistonheads.com/sales/64022.htm So from a dealer that price is about average I'd say.

Good car for someone wanting to do trackdays. OZ wheels, Yoko 048's and LSS.

[S Works]

That's what I thought Shang

[sp60]

Agree with Ajay on this one.
Now is a good time to buy so you should be able to haggle hard on a 111S.
I'm not denying that they are really good cars, I am currently on the lookout for one, but as has been said,
with 111R just over 20k and plenty of decent sports tourers around for 14k, you should be looking at between
16-17k (private sale) for a decent late 2002, mid 2003 car with low mileage 15-25k. Obviously add a bit for a dealer car.
Looking at this:

www.pistonheads.com/sales/70360.htm

makes your deal look a bit lack lustre!

They are definately out there as I bought one in feb for 16.5k. Spec was late 2002 (december) 111S cobalt blue, 15k mileage FSH and came with hard top. Absolute peach of a car before I planted it into a lamp post.
Think you just need to be patient, personally I wouldn't settle for one that was not the spec I wanted, especially if I had your budget to play with

[Bingoid]

Good advice chaps - the specs all there apart from the colour - is it just me or is Ardent red not quite THE colour on the Elise?

I was looking for blue, although that one in Bolton looks nice.

I'm factoring in £500 a year for a warranty, plus a couple of hundred for an inspection, so I guess I'm not too far off the mark.

I'll be test driving it next Saturday, but I'll make sure that I don't commit, unless they drop the price a bit....

Alll other 111S bargains, please keep them coming!

[dogchillibilly]

There a couple of nice ones on Autotrader.
I was so tempted to buy a red one on Saturday.

The only thing that stopped me was thinking that if plod sees 2 cars - one bright red / the other blue or black or purple - which one does he point his camera at first?

So i bought a magnetic blue one instead.

There are some examples on autotrader

and something like this you could probably make a sensible offer on..

www.pistonheads.com/sales/68454.htm

[Bingoid]

I love that dark blue one - I've mailed the vendor!!

I've not had such a big budget before - its kind of a buyers market, but then I'm being fussy which narrows it right down again!

If anyone is looking to offload their 111S, please let me know!

[jig]

If I remember correctly, when the S2 111S first came out it was fitted with a spec similar to the "sports tourer" S2, and there was a basic version just known as 111. So you still get the vv engine, but not leather etc. Not seen many about though.

[S Works]

sp60 said:

Looking at this: www.pistonheads.com/sales/70360.htm makes your deal look a bit lack lustre!

Depends if the Red one is an S or not. If it is then I agree, if not I don't. That purple one will only appeal to a very small sector and won't be easy to sell on in future. Horse for courses, I personally think that colour isn't particularly nice.

Agree on most of your other comments other than you should buy on quality and the state of an individual car. If you only want a "red" or "blue" one then you limit yourself greatly and may miss a bargain.

For 16-17k you should be able to find a really good deal privately, or 18k at a decent independent. Adrian Blyth always seem to have a good selection of keenly priced stock.

[Bingoid]

S Works - not trying to limit myself by colour, but if I'm laying down a fair wedge (to me) then I want a perfect colour.

Its like that metallic bronze colour - it may be in great condition, but its a rank colour, that will hit resale.

[S Works]

Fair enough mate... go nuts, loads about. Pick a colour and get your best bargaining hat on:

www.pistonheads.com/sales/47916.htm

www.pistonheads.com/sales/70972.htm

www.pistonheads.com/sales/70652.htm

www.pistonheads.com/sales/67031.htm

www.pistonheads.com/sales/69344.htm

You might also want to consider the 135 Sport version, which I've heard is an excellent alternative to the 111S.
www.pistonheads.com/sales/70522.htm

[redbullish]

I bought a 2002 111s with a hartop approx six weeks ago for £15,550. 33,000 miles and kicking myself after sure I coudl have got for 15,250 or 15,000 at a reall push. Needed tax and A service due, good price?

[theRossatron]

Bingoid said:

Hmm,not a bad car - think the wheels are a bit extreme - its going to be my only car - plus I'm not convinced that it isn't a 120 bhp car (its described as a 111 S2, not a 111S S2...) And its in Huddersfield, which is about a squillion miles from BoMo <sic> Looking at What Car the price seems quite decent....

It has the alloy plenum chamber so it's not a 120bhp car. hth

[sp60]

redbullish said:

I bought a 2002 111s with a hartop approx six weeks ago for £15,550. 33,000 miles and kicking myself after sure I coudl have got for 15,250 or 15,000 at a reall push. Needed tax and A service due, good price?

Yes very good price, where from? Private deal I assume?
Any pics?

[apprentice]

Hi Bingoid... a heads-up,

Got the very car for you!... due in tomorrow. Cobalt Blue S2 111S 02/02 with 23k and the benefit of air con and just £16950 including your PH discount!!

Please let me know, if you are interested.

apprentice

[redbullish]

sp60 said:

redbullish said: I bought a 2002 111s with a hartop approx six weeks ago for £15,550. 33,000 miles and kicking myself after sure I coudl have got for 15,250 or 15,000 at a reall push. Needed tax and A service due, good price? Yes very good price, where from? Private deal I assume? Any pics?

Yes was private deal, sure could have got for a tad less but I thought it was still a very good price at that. The orignal stereo was knaff so changed, doing the speakers soon and Horizon are about to do service, geo, remove the sports exhaust and put an orginal off ebay, back on. No decent pics as yet but will post up on profile soon. Best go for one closest to your ideal, as can easily rack up spending get it to where you want it

>> Edited by redbullish on Wednesday 29th March 20:16