What is it worth - S1 valuation?
What is it worth - S1 valuation?
Author
Discussion

Shnozz

Original Poster:

30,689 posts

302 months

Tuesday 21st August 2007
quotequote all
The time has come that it looks as though I should part with my Lotus. Some guidance on pricing would be useful.

The car is:-

1998/R plate
1 former owner
33k miles
Azure blue

Specification wise:-

B&C 160 engine (including B&C sports exhaust)
421 Piper manifold
S2 Bilstein suspension
M'sport drilled disks
Pagid RS-42 pads
Eliseparts twin headlight conversion
Eliseparts quickshift
Newish BFG's all round

The car drives like a dream and has just gone through its MOT. Its armourfended and therefore immaculate paintwork all round. I have just shocked myself totting up the history in my blog to see the cost totals £38,650 eek

I would welcome input on price. I need to weigh up whether its worth selling or, if its bad news, whether I should just keep hold of the car and put it in storage for a while as I am in the process of relocating (hence its not too convenient..).




Edited by Shnozz on Tuesday 21st August 16:40


Edited by Shnozz on Tuesday 21st August 18:42

toxic frog

3,226 posts

298 months

Tuesday 21st August 2007
quotequote all
£9k?

Tin Hat

1,430 posts

240 months

Tuesday 21st August 2007
quotequote all
£9K sounds about right to me

Little Bob

255 posts

240 months

Tuesday 21st August 2007
quotequote all
Problem is that there are so many about at the moment - you need to have something different in order to move a car on. Whether its spec, price, even colour, there needs to be something to get a prospective purchaser knocking on your door.

Just been through all this with my Caterham - it's sold and now the quest for the Elise begins.

Shnozz

Original Poster:

30,689 posts

302 months

Tuesday 21st August 2007
quotequote all
Little Bob said:
Problem is that there are so many about at the moment - you need to have something different in order to move a car on. Whether its spec, price, even colour, there needs to be something to get a prospective purchaser knocking on your door.

Just been through all this with my Caterham - it's sold and now the quest for the Elise begins.
I think you could be right. I don't really need to sell her and she is too good to give away so I guess stick her up for sale and see what happens. It won't hurt me if she doesn't sell but it just means storing her for a while.

NathanE

539 posts

233 months

Tuesday 21st August 2007
quotequote all
Little Bob said:
Problem is that there are so many about at the moment - you need to have something different in order to move a car on. Whether its spec, price, even colour, there needs to be something to get a prospective purchaser knocking on your door.

Just been through all this with my Caterham - it's sold and now the quest for the Elise begins.
Surely all of this is enough to set his car apart from most?

B&C 160 engine (including B&C sports exhaust)
421 Piper manifold
S2 Bilstein suspension
M'sport drilled disks
Pagid RS-42 pads
Eliseparts twin headlight conversion
Eliseparts quickshift
Newish BFG's all round

S Works

10,166 posts

281 months

Tuesday 21st August 2007
quotequote all
Yours is a good spec car, with unusually low miles for its age and condition. I'd stick it up at a shade under 10k and be prepared to be bargained down a bit.

cinqster

1,057 posts

310 months

Wednesday 22nd August 2007
quotequote all
NathanE said:
[
Surely all of this is enough to set his car apart from most?
My thoughts too.

If you've sunk that much money and effort sorting it you should keep hold of it, if you can afford to. I thought of getting a later car at one point but have decided that now mines how I want it that it would be a shame to sell it... and what do you replace it with at the end of the day?

rfoster

1,482 posts

285 months

Wednesday 22nd August 2007
quotequote all
I managed £9k px for my 98 'S' B&C 160 last year against my current car - so I think £9k now is probably realistic. Alunr on Seloc may be interested?

L100NYY

36,836 posts

274 months

Wednesday 22nd August 2007
quotequote all
If that was mine I would put it up privately for £9995 and be happy to settle on a deal at closer to £9000.

Looks a lovely car Shnozz, great colour and a lovely spec all rounded off with a nice mileage. I doubt you will have any trouble selling it.

smile