experts tell me what type of elise is best for me for my 10k
experts tell me what type of elise is best for me for my 10k
Author
Discussion

talktohenry1

Original Poster:

97 posts

213 months

Sunday 22nd March 2009
quotequote all
Hi I know almost nothing about Lotus, but I 'd like to buy an elise S2.

-I have a budget of 10k ish
-Want a model and colour that will be easy to resell end of summer
-Want it for track day use mainly
-Ideally low lilage good condition etc, basically something I can buy, then when it comes to resell it will be a model and colour that will be popular and easy to sell again

I hear cars on here are going for alot less than advertised, because of the credit crunch is this true?


Saw this on adverts, would you the esperts think its a good buy?
http://www.pistonheads.com/sales/938780.htm

noodleman

827 posts

236 months

Sunday 22nd March 2009
quotequote all
If you just want a track car for summer, you'll probably be better off with an S1.

Lighter (there are some S2's that are close)
Proper width front wheels
Less depreciation (probably)

Having said that, if you manage to get the one in your link for £10K then it looks perfect. Harnesses, lightweight wheels etc.

talktohenry1

Original Poster:

97 posts

213 months

Sunday 22nd March 2009
quotequote all
hi thanks for that, what's the best selling s2 model and colour?

RonnieP

1,153 posts

250 months

Sunday 22nd March 2009
quotequote all
With an Elise you get what you pay for smile Pay st money, you buy a st car wink

FWIW S1 VVC is the best car for your budget..

Edited by RonnieP on Sunday 22 March 20:30

TIPPER

2,955 posts

242 months

Sunday 22nd March 2009
quotequote all
S1 VVC that has had lots of recent work. If its been a garage queen then as soon as you start tracking it you'll find balljoints, steering rack, suspension bushes, drop links, track rod ends, dampers etc will start to need replacing. Look for the S2 Bilstein upgrade as a minimum for track work - in reality you may soon find that the Bilsteins are too soft for track work. A set of adjustable Nitrons will cost about £1200 or Gaz golds are starting to get good reviews for half that.
Cheap Elises are normally cheap for a good reason so tread warily.

lamb jiblets

338 posts

237 months

Sunday 22nd March 2009
quotequote all
For £10K your best off getting a well sorted S1, with all the expected mods done, brakes,Bilstien sup, 52mm tb etc etc, and not only that the S1 is by far the best value for money and shoul hold its value when you come to sell it. an early S2 will only go down as they are not going to be collectable IMO. paperbag

talktohenry

19 posts

215 months

Monday 23rd March 2009
quotequote all
Hi thanks for that it seems the S1's are holding their value better, would any of you thing I'm better off buying a track day s1 that's not road legal as such i don't see any of these advertised?

kambites

70,787 posts

244 months

Monday 23rd March 2009
quotequote all
Why would any Elise not be road legal? I think you would save relatively little weight by removing things like the lights.

griffter

4,143 posts

278 months

Monday 23rd March 2009
quotequote all
talktohenry1 said:
I hear cars on here are going for alot less than advertised, because of the credit crunch is this true?
There are deals to be done, particularly if a seller needs cash - but don't bank on it. A lot of people are getting out of more expensive cars into Elises as they're so much fun and (relatively) so cheap to run. Ironically the climate is therefore not so strongly against Elises as other cars.

Certainly my experience late last year was that demand was quite high, and sellers were not taking silly offers.

kambites

70,787 posts

244 months

Monday 23rd March 2009
quotequote all
Have you considered the kind of Elise that has a Vauxhall badge on the front? wink

markmakak

362 posts

266 months

Monday 23rd March 2009
quotequote all
kambites said:
Have you considered the kind of Elise that has a Vauxhall badge on the front? wink
That's exactly what i'd do too.

clanger

1,087 posts

281 months

Monday 23rd March 2009
quotequote all
VX 220s do seem to be superb value at the moment and IMHO are much better finished off in the quality department than the Elise.

Good S1 Elise values seem to be currently on the rise, probably due to Spring and the influx of johnny foreigners getting a decent exchange rate against the pound and shipping them abroad.

miro

419 posts

223 months

Monday 23rd March 2009
quotequote all
If you are looking to retain value and TD then its got to be an S1. just make sure its got all the bits upgraded that you will need and that it has been driven.

talktohenry

19 posts

215 months

Monday 23rd March 2009
quotequote all
hi thanks for that I haven't seen upgraded track day spec s1's for sale on ph most of the cars seems to be standard cars on here for sale, is there a more specialist website that sells s1's more suited for track days with the upgrated?

talktohenry

19 posts

215 months

Monday 23rd March 2009
quotequote all
i haven't considered the vauxhall, but maybe i willl now that you've mentioned it, i assume i'd have to make the necessary mods to make it track day suitable if i did?

300bhp/ton

41,030 posts

213 months

Monday 23rd March 2009
quotequote all
I might be wrong, but aren't there cheaper, aka better ways to buy a track car for a few months use to then sell on at a minimal loss?

Colour I think is hardly revlant. And with the current economic situation who can really tell what will be worth money later on, espcially at a time when the market traditionally will be flooded with soft top cars of all shapes and sizes.

wouldn't a stripped out kit car, Pug 206 or old classic be a cheaper way to get on track?

If the car only cost you £1000 you'll only lose a max of £1k no matter what happens. A £10k Elise can quickly be turned into £50 of scrap metal should you mess up big time on track.

Just my opinion confused

talktohenry

19 posts

215 months

Monday 23rd March 2009
quotequote all
hi thanks for that, i think i need road legal as i have no trailer to deliver the car to the track and the lotus seemed a good option, until someone mentioned a vauxhalls are going cheap so that's also an option too?

noodleman

827 posts

236 months

Monday 23rd March 2009
quotequote all
A kit car has got to be an option.

My boss sold his Tiger, that he built (to a high standard) recently. It cost £7.5K to build + loads of time and was registered 18 months ago. With 1500 miles on the clock it fetched £3300 on ebay!

It was pretty even with my std Elise and only sold to make space for a TVR.


TIPPER

2,955 posts

242 months

Monday 23rd March 2009
quotequote all
I don't know if there's anything currently in Seloc classifieds. Also Lotus Central (fairly new but very good site, is worth a look).
Incidently, some of the Class A Elises in the LOT Elise Trophy drive to and from the track for races.

TIPPER

2,955 posts

242 months

Monday 23rd March 2009
quotequote all
300bhp/ton said:
I might be wrong, but aren't there cheaper, aka better ways to buy a track car for a few months use to then sell on at a minimal loss?

Colour I think is hardly revlant. And with the current economic situation who can really tell what will be worth money later on, espcially at a time when the market traditionally will be flooded with soft top cars of all shapes and sizes.

wouldn't a stripped out kit car, Pug 206 or old classic be a cheaper way to get on track?

If the car only cost you £1000 you'll only lose a max of £1k no matter what happens. A £10k Elise can quickly be turned into £50 of scrap metal should you mess up big time on track.

Just my opinion confused
A fair enough comment butnothing will compare to a mid engined car like the Elise.