S1 Elise Values

S1 Elise Values

Author
Discussion

highway

Original Poster:

1,253 posts

218 months

Friday 23rd August 2019
quotequote all
The point about faster stuff not being rewarding until you are pushing on is well made. At 60mph ish my S1 111S feels fast from the drivers seat. Same speed same road in my Boxster feels pedestrian.

In a 991 60 mph on a B road feels like walking.

SidewaysSi

7,865 posts

192 months

Wednesday 28th August 2019
quotequote all
Just turned down an offer of £30k for my Sport 160. I don't care about selling but right car, right price, right person etc.

highway

Original Poster:

1,253 posts

218 months

Wednesday 28th August 2019
quotequote all
Crikey that’s a strong offer. Has it done delivery miles?

SidewaysSi

7,865 posts

192 months

Monday 23rd September 2019
quotequote all
highway said:
Crikey that’s a strong offer. Has it done delivery miles?
Just seen this and nope, around 50k.

highway

Original Poster:

1,253 posts

218 months

Monday 23rd September 2019
quotequote all
A low owner genuine 160 with 78k was up at £17495 on seloc last week. Sold within a week. Cheap car for someone.

Tickle

3,901 posts

162 months

Tuesday 24th September 2019
quotequote all
highway said:
A low owner genuine 160 with 78k was up at £17495 on seloc last week. Sold within a week. Cheap car for someone.
That seemed too good to be true that one. Wonder if it will pop up at one of the usual dealers with a few cosmetics for £20k+

Astonandhorsey

4 posts

19 months

Thursday 26th September 2019
quotequote all
Well never posted before I now have two Elise’s S1 I don’t care about values I don’t care about depreciation, the car is built to be driven and that’s what I do, if I lose 10k on a car in 5 years that’s a profit as far as I concerned, sometimes you have to look at real depreciation to Appreciate how rock
Solid Elise prices are - go buy a mclaren or an Aston and then see how quickly you can lose 10k


Bispal

800 posts

109 months

Friday 27th September 2019
quotequote all
AndM said:
Can anyone help me with a suitable asking price for the private sale of my S1? Car is 1997, nautilus blue, 60k miles, dyno proven 190bhp K Series, hard top, very clean car I've owned since 2001.

Not sure what the engine does to value. Its a Dave Andrews head, high lift cams, bigger valves etc, forged pistons, Individual throttle bodies and airbox with Emerald ECU. Full exhaust system upgrade from the engine down right to the sports exhaust.

Really don't know what is a fair price!
I see you settled on £16,500. How are you getting on with the sale? Any interest? Cheers.



Yidwann

1,109 posts

168 months

Friday 27th September 2019
quotequote all
Looks a lovely example that one! Getting more and more tempted to go down this road, maybe in the spring though!

highway

Original Poster:

1,253 posts

218 months

Friday 27th September 2019
quotequote all
I started this thread as I found the sale of my S1 fat slower than I’d anticipated. I still have my S1 111S. A relatively low volume car with under 20k and everything done. I’ve seen two other 111S on the market in the past few months. Similar miles priced £24-£25k.

A few seasons ago these cars sold at this sort of level. The market still seems flaccid. There’s a lovely S3 Cup in the classifieds at £44k. If I was confident of getting strong money on my S1, I think I’d have that.

jondude

1,970 posts

175 months

Thursday 10th October 2019
quotequote all
Another aspect I would say is new buyers will tend to be family people and any kids in the family makes the Elise a tougher choice as it can only be the additional fun car.

When you look at what other 'fun' cars there are for the prices being advertised for S1s, it is understandable many go elsewhere.

And buying a car that is 20 or so years old is also an off putter methinks, not least when Japanese copies (Mazda) can be bought brand new for the same price.

ash73

19,260 posts

179 months

Thursday 10th October 2019
quotequote all
jondude said:
Japanese copies (Mazda) can be bought brand new for the same price.
Yes because the latest MX5 is exactly the same as a S1, and has great rust protection.

highway

Original Poster:

1,253 posts

218 months

Thursday 10th October 2019
quotequote all
I take the point about other sports cars being available. The very best Elise S1’s, including under rare GT1 or factory 190, make £25k tops. They start at about £12k so a fair spread.

There is indeed no end of choice at that money if you want a 2 seat sports car and, as said, that £25k sees you into a brand new MX5.

I don’t think anyone considering an S1 is really considering anything else. Certainly not at £15k plus. At that point you have to really want one.

If you want a cheap sports car for some fun you’d have anything from an old Mx5 to a Boxster.

I love how S1’s drive. I keep flirting with the idea of a 220 as air con, cruise and added refinement make it far more viable to go long distance in

But based on driving at the weekend, early on a Sunday when the traffic is light or stealing the odd evening in spring and summer to just drive out somewhere, have a cherry Tizer and drive back, I find myself questioning if a new car would be broadly £20k more fun to drive.

The old car takes some money to make/keep match fit, but it’s not caught in the cruel tractor beam of depreciation either. With a new Elise, albeit rumoured to be expensive, due next year, I’d be jittery a late 220 bought now, even if bought well, is likely to take a residual body blow next year.

Had a drive out in mine today. Sunny but not hot outside. The car is lovely!

AndM

394 posts

153 months

Thursday 24th October 2019
quotequote all
Bispal said:
AndM said:
Can anyone help me with a suitable asking price for the private sale of my S1? Car is 1997, nautilus blue, 60k miles, dyno proven 190bhp K Series, hard top, very clean car I've owned since 2001.

Not sure what the engine does to value. Its a Dave Andrews head, high lift cams, bigger valves etc, forged pistons, Individual throttle bodies and airbox with Emerald ECU. Full exhaust system upgrade from the engine down right to the sports exhaust.

Really don't know what is a fair price!
I see you settled on £16,500. How are you getting on with the sale? Any interest? Cheers.
Sorry, not been on the site for a while. Had a number of serious inquiries and actually thought I had a near certain sale until the time waster in question went silent. Had a few messages in the past week alone. Happily I don't need to sell for any reason other than garage space so perfectly happy to wait for the buyer to pull the trigger. Oddly more interest in the past few weeks than the first few weeks at the end of summer.

tawt

139 posts

196 months

Friday 25th October 2019
quotequote all
Hi all, friend of mine has a nice Sport 160 that he might sell if anyone is interested?

highway

Original Poster:

1,253 posts

218 months

Friday 25th October 2019
quotequote all
Can you provide more details?

tawt

139 posts

196 months

Friday 25th October 2019
quotequote all
Hi highway, I could give you his details if you want them?

Nokesy

2 posts

39 months

Friday 25th October 2019
quotequote all
Hey Highway,

I am said freind, tawt has just rung me and told me about this, basically I have a sport 160 in titanium silver that I have spent a lot of time making it as original as it can be, the only thing not stock are the dampers being Nitron SS. The wheels have been refurbed, the brakes are all brand new, the roof has been refurbed, the paint is stunning, all the fluids have been changed and the car just looks amazing. I have been thinking of putting it up for sale in a few months, say feb, but you are welcome to ask me anything about it. The chassis has done 63k but everything else is almost new.

cheers!

highway

Original Poster:

1,253 posts

218 months

Friday 25th October 2019
quotequote all
My pal is looking for an S1 currently. We are viewing a car on sale by a member here this Sunday. Will consider getting in touch dependent on result.

highway

Original Poster:

1,253 posts

218 months

Sunday 27th October 2019
quotequote all
He bought a nice black 111S today. Thanks anyway.