RE: Time to consider a secondhand Lotus Emeya?
RE: Time to consider a secondhand Lotus Emeya?
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Time to consider a secondhand Lotus Emeya?

Can a significant saving finally make Lotus's EV seem appealing...


There are two ways of looking at the Lotus Emeya. The first is arguably the prevalent view on PH - that it was (and is) a symptom of both what’s wrong with the new car market generally and Lotus specifically. Obviously it worked to distance the latter from its core mission as a maker of lightweight sports cars, and though Lotus might have made a saloon work (it didn’t do a bad job with the Carlton, after all), it was hard to dress up a battery-powered saloon that was developed and built in China.

Even that subjective shortcoming might not have mattered if customers were enthused en masse about the idea of owning a six-figure luxury EV - but by the time the Emeya arrived, they absolutely were not, partly as a result of the Taycan becoming a noose around too many owners’ necks. And if Porsche, with its much bigger profile and better-established customer base couldn’t adequately shift the one EV that the Emeya aspired to be, what chance did Lotus have? 

Well, some did sell. At the time of writing, there are nine currently for sale on PH (compared with 351 Taycans). The latter can be had for a mind-boggling £29k. The Emeya, meanwhile, presumably as a result of its comparative scarcity and younger age, is available from around £60k. Is it worth twice as much as a high-mile Taycan? Probably not, if we’re of the view that the Lotus still has plenty of depreciating to be doing in the coming years. As a value for money prospect, Porsche’s folly is currently hard to beat. 

The second view is different because it takes into account what the Emeya is actually like to drive. Which, if you opt for the more affordable and lesser-powered S variant, is to say very nicely indeed. Where the R was a flagrant attempt to take on the Taycan in its lofty Turbo format, the 612hp S did not try so hard to impress and was all the better for it. At the time, we called it a ‘fine addition to the growing ranks of large, battery-powered luxury cars that want to be thought both highly refined and sleekly driveable.’ Had it not been lumbered with the baggage that came with its Lotus badge, ‘the praise might have been even more fulsome’. 

Of course, the S we drove at the launch retailed at £101k, a number no more recommendable than paying the asking price on a two-bed London flat. Back then, the mechanically identical entry-level car was quoted at £89,500; today, you can have a base 600 model from £84,990. This lovely looking example, which seems well-kitted with the KEF 1,380W audio system, four-zone climate, heated everything and the interior carbon pack, has covered fewer than 12k since it was first sold in 2024. It is listed at £62,950. 

A big enough saving to win over the doubters? Well, clearly it isn’t sufficient to fall into the Taycan’s bargain bucket, but that would hardly do Lotus any long-term favours. A better way to look at it might be to compare it to the sixty-ish grand currently being asked for a nearly-new BMW i5 M60, a car with much the same output and real-world range. It too has descended from a six-figure asking price very quickly, but has neither the look nor the luxury mindset of the Lotus. Nor will it generate the same look of wonderment from passersby, either. Can we call that badge kudos? Possibly not. But it does help to make the idea of a secondhand Emeya seem no less wacky than any other used EV purchase in 2026...


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Author
Discussion

620S

Original Poster:

435 posts

228 months

Lotus Enema more like!

Bluehorseshoe

226 posts

5 months

Like the Taycan if its a company car then its fine if its your own money there a cheaper alternatives that wont make you realise you have been shafted by the government into buying new technology that has not yet matured

edoverheels

634 posts

135 months

Strangely I seemed to see quite a few of these when we were on a bit of a road trip in Europe earlier in the year. Out in the wild they had real presence. I just have no desire or need for such an enormous car even if it becomes a second hand bargain but understand those that do.

CH80

457 posts

27 months

Nope

911Spanker

3,737 posts

46 months

It's £45k too much

ElsieDriver

33 posts

165 months

Also nope

BevR

830 posts

173 months

I had recently been thinking how much I hate money and this might be a good way to burn it. It's that or just fling £20 notes out of the window as I drive my current cars.

Angelo1985

833 posts

56 months

I think the problem is that you could slap any other chinese badge on it and people wouldn’t raise an eyebrow. It’s way too generic, it could be the new polestar for what I’d know.
The same criticism moved to the Ferrari Luce.

Frimley111R

19,336 posts

264 months

It's more fundamental than its EV power or roots, etc. It's been a long long time since large saloons were popular. They were mostly replaced by SUVs. The Taycan and Emeya are excellent cars but they are in a tiny marketplace these days. It's no different for most other big saloons. Once these come off leases they will drop in price, just like all the others. If you like a big saloon these are ridiculously good value...

loudlashadjuster

6,496 posts

214 months

The Article said:
Time to consider a secondhand Lotus Emeya?
No.

okv3

3,176 posts

226 months

The Taycan looks like a Porsche, and the I-Pace (and to an extent, the Type01) looks like a Jaguar. But the Emeya and Eletre bear no resemblance to a Lotus, at least to my eye. Such a nothing car.

whp1983

1,399 posts

169 months

Second hand market is interesting for this stuff…… with ICE you may really want a specific engine - but even the allure of a car being a Porsche or in this case Lotus is less relevant if the actual usage is so outdated.

Maybe less so for this particular lotus now but the original Taycan the range is so poor compared to modern offerings and it’s not a Sunday or track special and there is no engine note to lust after so why would you? Bit of badge desire maybe but looking at sheer numbers of formally very expensive EVs struggling to find a home no one fancies a punt.

£10k 5 year old Porsche/ Lotus incoming?!







benjidog

123 posts

91 months

It even looks heavy.

911Spanker

3,737 posts

46 months

New Lotus is such a waster brand. There's no substance to it at all and it's hardly aspirational.

HorneyMX5

5,791 posts

180 months

I prefer these to their SUV brethren styling wise, I think the shapes work much better with the lower roof line. It's easy to write these off as Chinese EVs with a lotus badge, but a lot of engineering and wind tunnel work was done from the UK and the platform isn't just spun off from the Geely Volvo line up. I've sat in a couple and was impressed, sadly not had a drive.

I bang about in an S2 Elise and the Lotus EV guys always seem really happy to get a wave, I feel most must have bough them with some love of the brand/badge behind that decision.

ex-devonpaul

1,751 posts

167 months

Just looked at the size, it is only a couple of inches narrower than a new transit.
But half a tonne heavier.

Ray_Aber

962 posts

306 months

The problem is the likely depreciation. I would have this before the BMW i5 (I buy cars, not badges), but I would have to live with the fact that the Lotus would depreciate considerably harder than the BMW. That's a big hurdle to get over. If only the manufacturers could provide a free battery upgrade within 5 years of purchase to remove the obsolescence factor, but of course, that's not going to happen. I remember McLaren upgrading the engine of the 12C for free, but that's ICE for you.

It's a shame. I like the looks of the car (not this one with its nasty black wheels) and I certainly believe it has presence (outside) and quality (inside). It's just too big. Cars have to be used in places that are just not designed for such girth, and that puts me off this (and the Eletre).

Frimley111R

19,336 posts

264 months

Ray_Aber said:
If only the manufacturers could provide a free battery upgrade within 5 years of purchase to remove the obsolescence factor, but of course, that's not going to happen. I remember McLaren upgrading the engine of the 12C for free, but that's ICE for you.
Errr wut?! Do the manufacturers of your ICE cars give you a free engine after 5 years because newer and better ones are out? Exactly what obsolesence are you talking about?

cerb4.5lee

45,013 posts

210 months

Someone take me back to 1998(or 1996 when I fact checked myself! hehe) when the Elise was launched please, because cars(and life) in general were much better back then for me.

I don't actually mind these in black to look at, but it doesn't suit that colour at all in my view.

Edited by cerb4.5lee on Tuesday 27th October 17:30

Its Just Adz

19,044 posts

239 months

In answer to the opening question, no. No thanks.