How long till the £20k Evora?

How long till the £20k Evora?

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giveitfish

Original Poster:

4,033 posts

215 months

Thursday 7th March 2019
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FWIW said:
...but we don’t know ‘the price’.
Very true!

giveitfish

Original Poster:

4,033 posts

215 months

Thursday 7th March 2019
quotequote all
The Crack Fox said:
What's the worse case scenario, cost wise, for that lot?

I am seriously tempted here. Been looking for an early S2 Elise but this could be a steal if it stays in the teens.
Are you sure it's not the old Renault parked in front of it that's caught your eye??

eBay suggests a set of 4 dampers would be £700. Not sure for the rest, but an Elise refresh can cost £2k with labour. Front anti-roll bar bushes aside the Evora suspension seems a lot more durable than the Elise. Elise suspensions seem to be sloppy by 60k miles.

One other thing to ask about on that car is the clutch. Many get lots of miles out of them but in some hands they can go every 40k miles, which would might make this car due soon. It's a clam-off, engine out job unfortunately and is the one big expense of Evora ownership at £2-£3k (mainly labour).

giveitfish

Original Poster:

4,033 posts

215 months

Tuesday 30th July 2019
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A few more cars around the £25k mark now, so of course prices have softened significantly since I finally bought mine! Hardly disastrous though, and still no £20k cars...

Is this Blue33's car up for sale again?

https://www.autotrader.co.uk/classified/advert/201...

Coincidentally my old Elise is back up for sale, 1 year and 6k miles later for over £2k more than I sold it for - remains to be seen if it sells at that!

https://www.autotrader.co.uk/classified/advert/201...

My time with mine is nearly over. Big Euro trip planned in September, then it'll be on the market. It's been everything I hoped for.

giveitfish

Original Poster:

4,033 posts

215 months

Monday 11th November 2019
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Damn you, made me look!

76k mile car, no Tech Pack, crashed, Cat S and needing a complete rebuild and still £15k. Looks like the regular £20k Evora is still some way off (thank god, seeing as I have a lovely high-miler up for sale lol)

giveitfish

Original Poster:

4,033 posts

215 months

Friday 15th November 2019
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Whoa! That looks better than many cars asking nearly twice it’s price!

The miles wouldn’t bother me at all with the cosmetic condition that good. Need a pot for wear and tear, probably will be due dampers and clutch soon but even so...bargain.

giveitfish

Original Poster:

4,033 posts

215 months

Monday 2nd December 2019
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Looks nice. The miles on that are nothing to be scared of, but the lack of interior pics sets off alarm bells!

Bet it needs a new airbag cover at least.

giveitfish

Original Poster:

4,033 posts

215 months

Saturday 11th January 2020
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Ouch.

giveitfish

Original Poster:

4,033 posts

215 months

Saturday 7th March 2020
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Prices had been very very stable for years until last 12 months, then the older cars dropped down a few £k but have stabilised again.

Just sold mine, depreciated £3.5k in 18 months/20k miles. Bit of an outlier as had 65k miles on it. Slow to sell unless you price keenly which I did.

giveitfish

Original Poster:

4,033 posts

215 months

Wednesday 20th May 2020
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abucd4 said:
plenty said:
This x 1000

Never understand why people get so fixated on the cost to buy, when the real cost is depreciation and maintenance.

An Evora is likely to be cheaper over a 3-year ownership term than most cars half its price, unless its gearbox blows up like mine did. In hindsight I should have purchased a MY12 or 400 rather than a MY11 S - it would have cost more to buy but residuals are equally solid and I wouldn't have had the gearbox issue.

It might feel odd to begin with, but when thinking about your next car work out how much you are willing to pay to own the car on a monthly or an annual basis, rather than the purchase price. It's not hard to estimate depreciation and upkeep costs. This will then open up the possibility of owning cars at a much higher price point than you might initially consider.

Money has never been cheaper than today. Of course this assumes you have a decent credit history etc.
Aye. credit rating etc all perfect and good careers etc. Just a bit daunting having that much sat in a car I suppose when we’ve only ever had relatively cheap cars. You are right of course!
Hi, OP here. Have a read back, I waited 3 years for prices to drop (and to bolster my savings) before diving in. Prices barely changed in all that time. I think they are starting to soften now...but still slow compared to almost anything else.

Depreciation of mine over 18 months and 20k miles was £3.5k, better than many cheaper cars I’ve had, and that number of miles is high-end for an Evora.

Just be aware they are big-boys toys and maintenance costs are a level above a mainstream car despite their reliability. I have no regrets and I think I’ll look back and it’ll be the high-point of my car history.



giveitfish

Original Poster:

4,033 posts

215 months

Thursday 21st May 2020
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Obviously I was using mine much more frequently than most users would, so maintenance was compressed over a shorter timeframe. Also I wasn't prepared to ignore some issues which you might turn a blind eye to if it was only a weekend car.

But in comparison to something like a Golf GTi the tyres & brakes are more expensive (tyres £1000+ per set for mine), service intervals are much shorter and main dealer labour prices are higher. I owned mine over a period which included some longer-interval items like belts and plugs. Add in a few niggles like upgrading arb bushes, replacing boot lid struts and chasing down the cause of a "spanner" light and a rainwater leak into the cabin and it all adds up.

Maintenance per mile was more than double what it cost for my Scirocco 2.0TSi. Expect costs to be a similar level to an equivalent age Porsche 911 and you won't be far off.

I don't think many people keep proper logs of car costs and it skews their impressions a bit, but I have spreadsheets going back serveral years. One surprise is that the Evora was actually cheaper to maintain than my 15-year-old Elise S1. That needed suspension, brakes, new hood, head gasket etc over it's 5 years and 20k miles but the costs were not as noticeable as they were more spread out. It also helped that the Elise appreciated in value by the amount of its runnings costs, so in the end I had a free car for 5 years hehe

giveitfish

Original Poster:

4,033 posts

215 months

Thursday 21st May 2020
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blueg33 said:
In summary, it looks like we have different experiences, maybe its because I always do research on prices and alternatives. TLF is a great resource as is SELOC
Ouch, I hope it wasn't intended that way, but that came across as pretty condescending!

I do plenty of research myself, thanks. Saved loads buying Toyota sparkplugs and also provided my own belt. Also bought and fitted my own gas struts, supplied the arb bushes and swapped cosmetic items like the flexi vent tube myself. And yes, a set of PS4S tyres are (currently) £850 fitted, but to balance that my winters were £1100 a set.

There's no need to be defensive on behalf of the Evora. Even though many cars are not as faultless as yours, it's still able to hold it's head high compared to it's peers - I've seen friends with plenty of nice big Porsche bills too.

I'd still say it's well worth pointing out the differences betweeen running a high-end hand-built sportscar compared to mainstream car so those making the leap are well informed.

And of course everything is cheaper if you can do it yourself, but for me I needed a main-dealer history and a courtesy car (dealer is 15 miles from my house and 25 miles from the office).





giveitfish

Original Poster:

4,033 posts

215 months

Thursday 21st May 2020
quotequote all
OK, just checked the facts for my cars. Purely for maintenance alone (including consumables like brakes and tyres and also fault-finding) the Evora was 20p/mile, the Scirocco 8p/mile.

I bet that chimes with a lot of owners doing 5-6k miles per year and averaging £1000/year to maintain them. I don't think that's unreasonable at this level of car.

giveitfish

Original Poster:

4,033 posts

215 months

Thursday 21st May 2020
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Blueg33 -> thumbup

giveitfish

Original Poster:

4,033 posts

215 months

Thursday 21st May 2020
quotequote all
The Wookie said:
I had one in 90000 miles across two Evoras. It was a common assembly fault which was later the subject of a recall
lol. It was your old Sports Racer I was posting about above by the way.

Clearing the gps logs before I sold it I was amused to see some trips which I assume were yours - impressive speeds there eek

giveitfish

Original Poster:

4,033 posts

215 months

Monday 15th June 2020
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TdM-GTV said:
Partially on topic, I'm now the proud owner of the car that OP managed to save up and buy in the end. This thread is quite a nice link to it's past.

It's still nowhere near a 20k car though.
Awesome! Hope you’re loving it cool

giveitfish

Original Poster:

4,033 posts

215 months

Monday 6th July 2020
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Snows only gave me 3 months on a very nice and not cheap 4 year old Elise, which I thought was tight. They did a fair bit of prep on the car in terms of servicing though.

giveitfish

Original Poster:

4,033 posts

215 months

Monday 10th August 2020
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Still good value.

Does that mean we can keep the thread open then? hehe

giveitfish

Original Poster:

4,033 posts

215 months

Monday 10th August 2020
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Do you know, when I started this thread I would have considered ~£25k for a 100k clean Evora, in fact I thought long and hard about blueg33’s old grey one when it came up at the time, and I don’t think it looked as clean then as Marks does now.

So does that mean in reality depreciation has been £1k a year since then for the oldest Evoras? That’s cheap motoring for a car which keeps getting mistaken for a supercar by the public, and is always talked about as a handling benchmark by the motoring press and even Gordon Murray.

Sigh...better to have loved and lost. I can see me buying another one day.

Mark - did you commute into Leeds and did your car once live in France? If so I think we chatted in a petrol station one time when I had my white one! PistonHeads - Stalking Matters.


giveitfish

Original Poster:

4,033 posts

215 months

Thursday 10th September 2020
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Forget the £20k Evora, Maserati have just launched the £200k Evora wink




giveitfish

Original Poster:

4,033 posts

215 months

Tuesday 6th October 2020
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Looking good! That Elise looks like the supercharged twin of my 1.6 CR, I'm jealous!

Surprised your car hasn't sold yet. I would have been all over it when I was starting my shopping journey.

This clutch thing really is a red herring. There isn't a car at a similar level which doesn't risk a multi-£k bill at some point, even a Boxster will do it to you.