Elise prices. What's going on?
Discussion
No nobody wants them 
there's a small amount of USA interest but nothing major. I think it will be different for the S2 cars certainly when they can get the Toyota stuff there's an appetite for that in the States and the prices for the cars there are already very high.
We do seem to be in a bit of limbo at the the markets just so damped down at the moment there's no big excitement around any cars currently. Let's get Thursday out of the way and see how the markets react to a few weeks of Labour. Hopefully they learned what not to do from Liz Truss and take things steady get a bit of confidence back into the country!
there's a small amount of USA interest but nothing major. I think it will be different for the S2 cars certainly when they can get the Toyota stuff there's an appetite for that in the States and the prices for the cars there are already very high. We do seem to be in a bit of limbo at the the markets just so damped down at the moment there's no big excitement around any cars currently. Let's get Thursday out of the way and see how the markets react to a few weeks of Labour. Hopefully they learned what not to do from Liz Truss and take things steady get a bit of confidence back into the country!
GTRene said:
hah, now I mentioned there is a new ad in Germany with a RHD Elise mk1 for under 14.5k euro with just 36k miles... asking price...
its been stored since 2018 but hey, its cheap and ready for return to the UK >>
https://www.kleinanzeigen.de/s-anzeige/lotus-elise...
plus £1k for nova + 30% duty + 12-18 weeks to get it registered +mot before use on roadits been stored since 2018 but hey, its cheap and ready for return to the UK >>
https://www.kleinanzeigen.de/s-anzeige/lotus-elise...
all adds up
I was looking at the S1 Elises for sale and some which seem a fairly reasonable price still haven't sold, some months, others feel like they've been for sale years.
I have no idea where the actual values are but the likes of Jon Seal and Will were in my experience around market price for traders. So that would give me comfort.
I have no idea where the actual values are but the likes of Jon Seal and Will were in my experience around market price for traders. So that would give me comfort.
bennno said:
GTRene said:
hah, now I mentioned there is a new ad in Germany with a RHD Elise mk1 for under 14.5k euro with just 36k miles... asking price...
its been stored since 2018 but hey, its cheap and ready for return to the UK >>
https://www.kleinanzeigen.de/s-anzeige/lotus-elise...
plus £1k for nova + 30% duty + 12-18 weeks to get it registered +mot before use on roadits been stored since 2018 but hey, its cheap and ready for return to the UK >>
https://www.kleinanzeigen.de/s-anzeige/lotus-elise...
all adds up
but is it not so that when a car like that Lotus Elise RHD was already once in the UK on the road, you don't have to pay things again?
btw what does that 30% duty means? is that over the total cost of the car? if so then sad... like our Roberment (government) over here.
goodwoodweirdo said:
its really not simple, you need to pay somebody to submit the forms, that costs about a thousand and pay all the costs i put below.then the fun starts with the dvla, even if it was originally registered here they want an original certificate of conformity - which takes time to obtain from any manufacturer, id imagine its very challenging from Lotus, then if you make a single mistake anywhere on the paperwork they only tell you 8 weeks later when it arrives back to you asking for corrections and a resubmission etc etc
bennno said:
goodwoodweirdo said:
its really not simple, you need to pay somebody to submit the forms, that costs about a thousand and pay all the costs i put below.then the fun starts with the dvla, even if it was originally registered here they want an original certificate of conformity - which takes time to obtain from any manufacturer, id imagine its very challenging from Lotus, then if you make a single mistake anywhere on the paperwork they only tell you 8 weeks later when it arrives back to you asking for corrections and a resubmission etc etc
Jonstar said:
It's been dead since you sold mine nearly a year ago! Hopefully it will pick up now the election is done and over with.
The back end of last year was the worst I have ever known it I was seriously looking at setting another business up! We have had some busy times this year but certainly June has seen another real slowdown. Just this week I have had to turn 4 of my previous customers away wanting to sell me cars back which anyone that follows our business will know is something we ALWAYS normally do. There is certainly a bit of a log jam in the market at the moment. I like to be busy so it's frustrating to have to put a hold on buying but I have 24 cars at the moment so there has to be a limit! It'll be interesting to see what this goes for :
https://www.pistonheads.com/buy/auction/16962174
Exactly what I'm looking for, just a few months too early for me. Most similar mileage / condition (on paper) 111Rs and even 111S' are £24k+, though I've seen some sub £20k cars sell really quickly on some channels.
https://www.pistonheads.com/buy/auction/16962174
Exactly what I'm looking for, just a few months too early for me. Most similar mileage / condition (on paper) 111Rs and even 111S' are £24k+, though I've seen some sub £20k cars sell really quickly on some channels.
I'm still a month or so away from being able to be in a position to buy an S1-111S, but as people say above, nothing seems to be selling.
I think the main problem now is Elises are so old and potentially need a lot of money spent on them
I had a 111R previously and the heater resistor packed up, along with the air-con and the suspension was getting pretty rusty even then.
That was about 7 years ago. There's no way I'd want to sink £20k+ into a 111R now, with the worry of have to spend thousands sorting it out.
A guy I know through work was selling his 2017 Elise CUP 250 in that super bright orange. Looked amazing!
The air-con was apparently knackered on that as well! He'd had a huge quote to get it fixed. I think he ignored it and sold the car to a dealer
Good luck to Jon with 24 cars in stock, that's a big gamble on the market, but I think he has pretty much no competition now, with the other similar dealers all seemingly closed
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