How long till the £20k Evora?

How long till the £20k Evora?

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Discussion

blueg33

35,993 posts

225 months

Tuesday 28th January 2020
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saaby93 said:
blueg33 said:
I think that's a pretty good price. Mileage is quite low, spec is good as it has all 3 packs. Colour is marmite, but I like it. It also has a new clutch.
Is there an issue with clutches?
The life of clutches in some early cars was surprisingly short (mainly due to an installation issue that's now fixed) and it costs about £3k to replace one.

Ryvita

715 posts

211 months

Tuesday 28th January 2020
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If I was ready I'd be buying the one posted above. The colour is marmite as you say, but I think looks OK, might want to remove the stripes. (Which would be a shame because of the provenance issue, but plain bronze would look good I think.)

Sport, tech, premium, reversing cam and a replaced clutch is the right spec!

Only potential issue is that a Scotland car will likely have seen more road salt over the years, so perhaps an underbody inspection would be wise. Aberdeen to me says oil & gas so optimistically, one might hypothesise an engineer owner with some semblance of mechanical sympathy. smile

Edited by Ryvita on Tuesday 28th January 13:12

Norfolk B-roads

2,989 posts

140 months

Tuesday 28th January 2020
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Bargain. Absolutely lovely car. I've seen it around and admired it. Love the FYEO colours! Really pops in the sun.

p4cks

6,919 posts

200 months

Tuesday 28th January 2020
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Looks a great price that

blueg33

35,993 posts

225 months

Tuesday 28th January 2020
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Ryvita said:
If I was ready I'd be buying the one posted above. The colour is marmite as you say, but I think looks OK, might want to remove the stripes. (Which would be a shame because of the provenance issue, but plain bronze would look good I think.)

Sport, tech, premium, reversing cam and a replaced clutch is the right spec!

Only potential issue is that a Scotland car will likely have seen more road salt over the years, so perhaps an underbody inspection would be wise. Aberdeen to me says oil & gas so optimistically, one might hypothesise an engineer owner with some semblance of mechanical sympathy. smile

Edited by Ryvita on Tuesday 28th January 13:12
Underneath will probably be ok, most of it is covered and protected from sale. However things like the screws to access headlamp adjustment, wheel are line screws etc can rust solid. Mudflap brackets disintegrate at the first sign of a damp day. But these are tiny issues.

Ryvita

715 posts

211 months

Tuesday 28th January 2020
quotequote all
blueg33 said:
Underneath will probably be ok, most of it is covered and protected from sale. However things like the screws to access headlamp adjustment, wheel are line screws etc can rust solid. Mudflap brackets disintegrate at the first sign of a damp day. But these are tiny issues.
True... Lotuses are less vulnerable than most in that regard, being largely plastic and aluminium. Another fringe benefit of adding lightness. smile

[Of course, fibreglass can be attacked by water if it gets under the gel-coat as a result of accident damage etc. but am I right in saying that all the Evora panels are SMC (Sheet Moulding Compound) i.e. liquid injection mould formed, with lower resin density and no surface gel coat?]

Ryvita

715 posts

211 months

Monday 3rd February 2020
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drgoatboy

1,626 posts

208 months

Monday 3rd February 2020
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Ryvita said:
Looks like a good price for someone, private sale so probably priced a bit above trade in, high miles and a few niggles pushing the price down.
Imagine that will be snapped up.

saaby93

32,038 posts

179 months

Monday 3rd February 2020
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drgoatboy said:
Ryvita said:
Looks like a good price for someone, private sale so probably priced a bit above trade in, high miles and a few niggles pushing the price down.
Imagine that will be snapped up.
Heading towards that rare Evora pink wink

p4cks

6,919 posts

200 months

Monday 3rd February 2020
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Another well priced one... even if it needs about £1K spent you could get it for £20.5K and be 'up'

rossub

4,465 posts

191 months

Wednesday 12th February 2020
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Ryvita said:
Another 25k Evora N/A has turned up in Aberdeen. And quite an unusual example...

https://www.pistonheads.com/classifieds/used-cars/...
Spotted this on the road this morning - covered in salt!

I'd be having a right good look over for rusty bits if I was in the market.

jamoor

14,506 posts

216 months

Saturday 7th March 2020
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I have been thinking of getting one of these but they are so rare that it’s hard to gauge depreciation.

From what I can see they may have bottomed out but it only takes 3-4 sub 25k cars to appear online for it to then show that they have further to go.

The saving grace for these is that a new one is 80k plus.

Due to the limited numbers and the strengths of the car I’m pretty sure it will become a modern classic over time.


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.

Ryvita

715 posts

211 months

Monday 9th March 2020
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jamoor said:
From what I can see they may have bottomed out but it only takes 3-4 sub 25k cars to appear online for it to then show that they have further to go.
I'm watching this end of the market really closely at the moment. I'll come back to you in about 6 months once I've got enough data to be meaningful. smile The very slow rate of adverts & sales makes it hard to build a picture.

There's nothing sub 25k on AT or PH currently, with the closest being the orange one Will Blackham has had for over 6 weeks now. He dropped the price on it from 25,999 to 25,500 middle of last month. There are four cars in the 25-30k bracket that have been on sale for over 30 days now. Cheapest one this year has been the 21k red example on private sale from Doncaster, which went in three days. My pick of the currently available crop would be the newly listed blue one at 27k, ad reads very well and it's got MY12 cables and clutch redone.


Edited by Ryvita on Monday 9th March 10:58

MattyB_

2,014 posts

258 months

Tuesday 10th March 2020
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The blue one is mine, if anyone is interested - although I'm slightly surprised to have had 4 enquiries already, which is positive, as I know it's a difficult market. The car WillB has will always struggle being a 2+0, but it does look great in orange.

I was really hoping to move onto an Evora 400, but it's not to be frown These cars really are outstanding.

Ryvita

715 posts

211 months

Tuesday 10th March 2020
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MattyB_ said:
The blue one is mine, if anyone is interested - although I'm slightly surprised to have had 4 enquiries already, which is positive, as I know it's a difficult market. The car WillB has will always struggle being a 2+0, but it does look great in orange.

I was really hoping to move onto an Evora 400, but it's not to be frown These cars really are outstanding.
The average "time to sale" that I've measured so far is 14 days, but it's highly variable depending on price, conditions and options.

Yours is the right spec, it has the key maintenance items done (clutch & cables), and the pricing is correct. It'll be off your hands by the weekend I'm fairly sure. And I'm sad for that, both that you're having to give it up and that I'm not yet ready to be that buyer. tongue out Hope the sale goes well.

jamoor

14,506 posts

216 months

Sunday 15th March 2020
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I’m pretty sure this whole corona recession will bring the evora down to the target price.


People may begin to sell toys once the finances become tight.

Ryvita

715 posts

211 months

Friday 17th April 2020
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I'm still watching this market for the 20-30K Manual, NA Evoras.

There have been 15 cars advertised since the start of February. 7 have sold in that time, but only two of those since the outbreak started. A number of price reductions have happened in that time too, but the closest we've come so far has been a red private sale in February at 21K. That car sold in three days indicating it was probably underpriced; some other cars have been on the market for over 70 days now.

hyphen

26,262 posts

91 months

Friday 17th April 2020
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jamoor said:
I’m pretty sure this whole corona recession will bring the evora down to the target price.


People may begin to sell toys once the finances become tight.
'If' the finances become tight, not once. With goverment pumping cash, and interests rates so low, people may carry on as usual.

And not everyone uses them as toys, aren't many daily drivers?

RobM77

35,349 posts

235 months

Friday 17th April 2020
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hyphen said:
jamoor said:
I’m pretty sure this whole corona recession will bring the evora down to the target price.


People may begin to sell toys once the finances become tight.
'If' the finances become tight, not once. With goverment pumping cash, and interests rates so low, people may carry on as usual.

And not everyone uses them as toys, aren't many daily drivers?
yes For sure, it's a last resort if you're screwed, but very few people are even holding ground with their savings, so I can only see someone selling an Evora if they have zero savings and need the money; which given the typical purchase price for that car three years ago, is an unlikely situation for that person to be in.