How long till the £20k Evora?

How long till the £20k Evora?

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Discussion

elise2000

1,478 posts

219 months

Saturday 10th July 2021
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p4cks said:
Remember though that two of those models were incredibly long in the tooth
Yes. I was about to type “if it’s not broke don’t fix it”. Then I remembered that they usually were broke, so they had to be.


giveitfish

Original Poster:

4,031 posts

214 months

Saturday 10th July 2021
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Brave, but it seems to have paid off. I saw the Emira today at Goodwood and it’s stunning. There seems to be a complete frenzy over it, I saw several people arranging deposits even in the time I was on the stand.

I think there will be a lot of downward pressure on the recent models, but the older ones will be propped up by rarity and being a lower point of entry into a brand which is suddenly back in the limelight.

To my my eyes it’s instantly made the Evora look a bit crude, although it didn’t stop me looking longingly at a couple in the car park.

I thought the Emira actually made the new Mclaren Artura look a bit dull too. And the Evija knocks the Rimac into a cocked hat, the Rimac is a dogs dinner of a design in the flesh, the proportions are all off.

hyphen

26,262 posts

90 months

Saturday 10th July 2021
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Evora is really being slagged off on the Evira thread. A perfectly lovely car was apparently the worst car ever.

Should be £20k and lower soon biggrin

p4cks

6,909 posts

199 months

Saturday 10th July 2021
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They can have my 29K miler for £18K if that's the case. See how many phone calls I get from them

paul n

247 posts

169 months

Saturday 10th July 2021
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hyphen said:
Evora is really being slagged off on the Evira thread. A perfectly lovely car was apparently the worst car ever.

Should be £20k and lower soon biggrin
How many of the people slagging it off have ever owned one or even seen one in the flesh!? (I think they looks better in the flesh and pictures)

However good the emira will be the Evora is still an amazing car and I think values for the older cars will be steady and maybe rise slowly just as it’s a lot of cat for the money and provides and entry point to lotus for people who can’t afford/ get an emira

giveitfish

Original Poster:

4,031 posts

214 months

Saturday 10th July 2021
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I think new Emira fans might be sensitive to the fact that a 10yo Evora S can mostly match the performance of the £85k “First Edition” for a fraction of the price.

It’ll probably ride better on optional 18/19s too biggrin

I bet one reason the Emira has a wider track (other than to accommodate fat Americans) is so it can beat an Evora round Hethel even though the power is the same.

Shnozz

27,474 posts

271 months

Sunday 11th July 2021
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paul n said:
hyphen said:
Evora is really being slagged off on the Evira thread. A perfectly lovely car was apparently the worst car ever.

Should be £20k and lower soon biggrin
How many of the people slagging it off have ever owned one or even seen one in the flesh!? (I think they looks better in the flesh and pictures)

However good the emira will be the Evora is still an amazing car and I think values for the older cars will be steady and maybe rise slowly just as it’s a lot of cat for the money and provides and entry point to lotus for people who can’t afford/ get an emira
Me (although to be fair, how many that thought it was gopping would have then owned one!).

I wasn't so much slagging it off, but its self-evident how people are sold on the aesthetics of the Emira with the clamber to get an order in, whereas the Evora was generally slated in its looks. The chassis looks similar, the performance similar and the V6 the same engine, so the completely polar opposite reaction to the car can be based only on its looks.

To most people, the Evora is not easy on the eye. It does look better in the flesh, as it does IMHP with the SR look to deal with that bulbous underside. However, its patently clear from the reaction the Emira has achieved that its an absolute stunner and I don't recall ever hearing even remotely similar re the Evora.

As for values rising, I would be very surprised and I would be very nervous if I owned an Evora that was presently one of the £50k+ cars which I think will be a very hard sell aside from someone who needs the rear seats. However, as a big supporter of the brand, I hope this new car not only secures the company financially, but creates a whole swathe of new people to the marque, and the other older cars such as the Evora, Exige etc, come into focus where they might previously have never even looked at a Lotus at all.

paul n

247 posts

169 months

Sunday 11th July 2021
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Shnozz said:
Me (although to be fair, how many that thought it was gopping would have then owned one!).

I wasn't so much slagging it off, but its self-evident how people are sold on the aesthetics of the Emira with the clamber to get an order in, whereas the Evora was generally slated in its looks. The chassis looks similar, the performance similar and the V6 the same engine, so the completely polar opposite reaction to the car can be based only on its looks.

To most people, the Evora is not easy on the eye. It does look better in the flesh, as it does IMHP with the SR look to deal with that bulbous underside. However, its patently clear from the reaction the Emira has achieved that its an absolute stunner and I don't recall ever hearing even remotely similar re the Evora.

As for values rising, I would be very surprised and I would be very nervous if I owned an Evora that was presently one of the £50k+ cars which I think will be a very hard sell aside from someone who needs the rear seats. However, as a big supporter of the brand, I hope this new car not only secures the company financially, but creates a whole swathe of new people to the marque, and the other older cars such as the Evora, Exige etc, come into focus where they might previously have never even looked at a Lotus at all.
I personally think the Evora is a stunning car to look at but i think it is pretty colour dependent as i think the bright colours are ageing well. against the Emria i still prefer the evora back end but prefer the Emria front apart from the bonnet vents which i don't like but i simple design. I don't like the fact that it is wider also and the lack of 2+2 is a big deal for people with young kids.

I think your right thou the more expensive Evora's might struggle but as other have said might just improve the interest in the brand so prifes will be firm i am sure.

AlexNJ89

2,443 posts

79 months

Monday 12th July 2021
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Already a couple of £60k+ Evoras have hit the market from private sellers. It really backed up what was said earlier in this thread about future values of the newer Evoras, it makes absolutely no sense to buy one for £60k+

I'm wondering if these sellers are worried about future values and getting out while they can.

For example:
https://www.pistonheads.com/buy/listing/11971144

and

https://www.autotrader.co.uk/car-details/202107114...

Ryvita

714 posts

210 months

Tuesday 13th July 2021
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I've been absent from this thread for a little while, but it's great to see that the OP is still checking in on this epically long thread. smile The Emira's release and press reaction means this is going to be a very interesting time for used Evora prices. As some may know I've been watching the bottom end of this market very closely over the last couple of years as I was hoping to acquire something like that mythical £20K Evora. Unfortunately, a house purchase has now postponed that hunt by... likely several years. frown

To that end I hereby hand off the torch if anyone else can pick up the market watching. https://drive.google.com/file/d/1STtV_oW9LTeHkBFU-... This is my record of Evora sales over the last 18 months. It forms a decent body of data that tracks the thinning of stock through lockdown and associated rise in prices. Note that I was only tracking manual NA cars and even this was a real effort to try and keep on top of. It would be great if this could be kept going by the community as things are going to get real interesting with the Emira effect.

(If you want to subject yourself to a long rant of my views on the Evora and Emira, I did a talky thing for my friend's Youtube channel, starting from 06:25 https://www.youtube.com/watch?v=JnqvDvGdIX4&t=...

TdM-GTV

291 posts

217 months

Wednesday 14th July 2021
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Never understood why people have so much hate for the Evora looks, bit I also don't care! OP missed his old car at Goodwood as well by the looks of it!


FWIW

3,069 posts

97 months

Wednesday 14th July 2021
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TdM-GTV said:
Never understood why people have so much hate for the Evora looks, bit I also don't care! OP missed his old car at Goodwood as well by the looks of it!

And my old car here!

p4cks

6,909 posts

199 months

Wednesday 14th July 2021
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As an Evora owner I have to admit that from certain angles it's absolutely stunning at the front although at certain angles of the rear it looks incredibly busy and not so incredible

Mr E

21,616 posts

259 months

Wednesday 14th July 2021
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p4cks said:
As an Evora owner I have to admit that from certain angles it's absolutely stunning at the front although at certain angles of the rear it looks incredibly busy and not so incredible
To be honest, I think I’m living with her.

p4cks

6,909 posts

199 months

Wednesday 14th July 2021
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Mr E said:
p4cks said:
As an Evora owner I have to admit that from certain angles it's absolutely stunning at the front although at certain angles of the rear it looks incredibly busy and not so incredible
To be honest, I think I’m living with her.
rofl

hyphen

26,262 posts

90 months

Thursday 15th July 2021
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p4cks said:
Mr E said:
p4cks said:
As an Evora owner I have to admit that from certain angles it's absolutely stunning at the front although at certain angles of the rear it looks incredibly busy and not so incredible
To be honest, I think I’m living with her.
rofl
laugh

The Wookie

13,948 posts

228 months

Thursday 15th July 2021
quotequote all
FWIW said:
TdM-GTV said:
Never understood why people have so much hate for the Evora looks, bit I also don't care! OP missed his old car at Goodwood as well by the looks of it!

And my old car here!
And my old car too hehe

Lotobear

6,349 posts

128 months

Thursday 15th July 2021
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p4cks said:
As an Evora owner I have to admit that from certain angles it's absolutely stunning at the front although at certain angles of the rear it looks incredibly busy and not so incredible
It's odd how personal perceptions vary. For me the front view is the 'worst' view if there is one although I actually don't think there is much wrong with the overall design and don't get how this looks thing seems to have become an 'issue' of late - my Evora gets universal approval in the looks department.

The rear quarter view for me looks stunning.

An Architect friend of mine (an old and crusty one!) recently saw my car for the first time and commented (verbatim) "what a beautiful piece of design"

s2kjock

1,685 posts

147 months

Thursday 15th July 2021
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I never told my parents I had bought mine, and when I rocked up outside their house to surprise them my Dad asked my why I had invested in a kit car........

I don't think there are any bad views, although the rear boot-shut/spoiler/lights line is a little not quite right in the way an XJ220's was to my eye.

Part of the issue is the traditional Lotus slightly agricultural execution of the panels, mouldings, panel gaps etc which was inevitable given the construction type and budgetary constraints. If a lot more money/big name backing had been available it could have looked "the same, but better", but that would no doubt have also brought a better engine and gearbox, and airvents that don't come off in your hand - plus a 50% price hike.

But then it wouldn't have been a "Lotus" and I couldn't have afforded a lightly used one biggrin

jerrytlr

418 posts

213 months

Thursday 15th July 2021
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Re impact of Emira on Evora values - not sure Evora owners have too much to worry about...

The market for Evoras was always small, and I am not sure Emira has made it that much smaller - here is my reasoning:

Pre-Evora 400 - these are not competing with Emira, the price differential is huge.

Evora 400 - currently at 50-55k, compared with entry level Emira with same engine at 75k - again, not really in the same ball park. And 400s are new enough and modern enough not to be seen as "old" compared with Emira.

Evora Sport 410 onwards - these cars have a very high spec with lots of carbon panels, some have carbon seats, forged wheels, Li battery etc., which even the £85k Emira won't have. I suspect the equivalent Emira will be £100k+, if/when it is launched. So again, Evora 410 offers good value by comparison. And I think these Evoras will hold their own again the Emira as a driver's car - if only because the equivalent Emira will be 150Kg heavier.

So of the small number of people who were in the market for Evora before Emira came along, I think the majority will still happily choose an Evora, so prices will stay firm. The only exception must be the new cars still in dealerships at 90k ish, those will be a hard sell...




Needless to say, this is all pure speculation on my part - time will tell :-)