Exige Market Watch, for discussion and to help those searching!

[pete]

looks a good buy for someone

https://www.lotussilverstone.co.uk/vehicle-details/Lotus-Exige-U129/

[auRouge]

About 6 months ago I was a telephone call away from buying a low mileage one owner 380 Sport for £64k... The deal was almost done for a fully specced, tasty options including the “track pack” and “Titanium Sports Exhaust” Exige. It only had 7k miles. Didn’t happen in the end because the 380 was just too noisy (trackdays dilemma) and expensive to start modifying in the warranty period.. so I backed off. Shame as I also ended up selling my Elise within a couple of weeks.. and bought another Porsche... ooops!😳

Apparently the 380 Sport was £82k new.

Just saw this on another thread:-

https://www.lotussilverstone.co.uk/vehicle-details/Lotus-Exige-U129/

A 410 really £91k new?  £77k then sounds pretty good for a near as damnit new car! 

Thought it might be useful starting a thread for anyone interested in buying one, not a lot of cars or information out there on what’s the going rate.. (like the Evora Market watch thread).

To get the ball rolling, off the top of my head.. Do these bands make any sense? 

V6s - £35-45k

350 Sport - £45 - £55k

380 Sport - £55 - £65k

410 Sport - £75 - £90k

430 Cup - £90 - £115

My Exige dream still exists (no garage is complete without a Loti!), keeping an eye on what’s out there... Phenomenal performance, looks and noise for the money. I fell in love with them after Jamie (B&C) arranged a test drive while waiting for my Evora to have some work done on it.. 

Please feel free to correct my bands / share any information / experience / advice or spots!! 

Cheers😉

[Mark030358]

Lets not go there, there is a similar thread on the playground and that thread just does my head in as its all doom and gloom.

No offence meant, just my point of view...

cheers

 

[2GOOD]

I think you’ve gone too low with the 380, £60k is currently a cheap 380 & there isn’t a 430 Sport, just a Cup

[auRouge]

1 hour ago, Mark030358 said:

Lets not go there, there is a similar thread on the playground and that thread just does my head in as its all doom and gloom.

No offence meant, just my point of view...

cheers

 

None taken.. There’s no doom and gloom when it comes to Exige in my eyes..

Thread will hopefully be a positive one.

 

46 minutes ago, 2GOOD said:

I think you’ve gone too low with the 380, £60k is currently a cheap 380 & there isn’t a 430 Sport, just a Cup

Thanks @2GOOD Can a moderator pls correct my 430 Sport Error?

 

learnt something already!

[Screem]

V6s - £35-45k

350 Sport - £45 - £55k

380 Sport - £60 - £68k

380 Cup - £75 - £85

410 Sport - £75 - £90k

430 Cup - £90 - £115

 

You also missed out the 380 cup.

I agree that think 60 - 68 is more reflective of the 380 sport. The lowest I’ve seen them Advertised at is the £60k mark .

There are a few around £65 - £68k on ph  

👍

[auRouge]

Agreed, can’t see it dropping too much either.. does what the more expensive variants do for significantly less 

[stephenwhyte]

I reckon the 380 will go up in value - there can’t be any more than 30-40 made in RHD.......so they’ll be sought after before much longer which will help them maintain value. I live in hope anyway😉

But theres got to be some logic in my thinking as these current Exige models will always be in low numbers and once the new Lotus range of models are launched in a couple of years there will be even more demand for the current cars🤞

[rafphillips]

4 hours ago, Screem said:

V6s - £35-45k

350 Sport - £45 - £55k

380 Sport - £60 - £68k

380 Cup - £75 - £85

410 Sport - £75 - £90k

430 Cup - £90 - £115

 

You also missed out the 380 cup.

I agree that think 60 - 68 is more reflective of the 380 sport. The lowest I’ve seen them Advertised at is the £60k mark .

There are a few around £65 - £68k on ph  

👍

My 380 steal of century for sure then and in the 350 sport range (right place right time and cash waiting).

No plans to sell it - deffo a keeper (utterly immaculate and tyres like new at 4K miles m) Currently on holiday in the sun watching a shit show (wife will watch any old shit) and wife pining for kids .... me the car! 

Edited January 18, 2019 by rafphillips

[Mark030358]

 

3 hours ago, rafphillips said:

No plans to sell it - deffo a keeper (utterly immaculate and tyres like new at 4K miles m) Currently on holiday in the sun watching a shit show (wife will watch any old shit) and wife pining for kids .... me the car!

Mines a keeper too... currentley in the Sahara desert wondering if the snow will stop me going to Komotec in February...

 

[auRouge]

8 hours ago, stephenwhyte said:

I reckon the 380 will go up in value - there can’t be any more than 30-40 made in RHD.......so they’ll be sought after before much longer which will help them maintain value. I live in hope anyway😉

But theres got to be some logic in my thinking as these current Exige models will always be in low numbers and once the new Lotus range of models are launched in a couple of years there will be even more demand for the current cars🤞

Low numbers are indeed the key. But the car has to be brilliant too and we all (including the car media.. Harris, Evo et al) know the S3 Exige Sport and Cup series cars are stupendously good. Combined with low production numbers and an industry that has an appetite for numbing cars with too much tech and you’ve got the holy grail...

I can see the 380 Sport rising sooner rather than later. Lotus actually did 380 owners a favour by making the next models so much more expensive!

@rafphillips you’re a lucky guy! Dont know the spec of yours but that sounds amazing. 

Edited January 18, 2019 by auRouge
Typo

[GFWilliams]

This is a very the playground thread... 

Never intend to sell my Exige, so the values are irrelevant to me apart from the agreed value on my insurance!

[vd9]

It's the car, not an investment - it's been made to be driven.

[Dan.G]

12 hours ago, rafphillips said:

My 380 steal of century for sure then and in the 350 sport range (right place right time and cash waiting).

No plans to sell it - deffo a keeper (utterly immaculate and tyres like new at 4K miles m) Currently on holiday in the sun watching a shit show (wife will watch any old shit) and wife pining for kids .... me the car! 

It was.... git

It's a good thread to start but I can see a few people disliking it and you will get opinions all over the place.

I too believe the 380 will go up in value, as not many sold due to the noise and many agree it's the best looking exige, as it's the only one which can chop peoples legs off.

....quite fond of mine (bias)

 

[rafphillips]

2 hours ago, vd9 said:

It's the car, not an investment - it's been made to be driven.

Having made many £10s of £k on some old cars you can do both.

My last weekend car made me about £10k over 3k miles of use even when you factor in fuel and insurance 

Something satisfying knowing you can enjoy something and it be net free.

Buy right and enjoy them for sure. I only got my Exige in late Nov and it’s alteady done 600 miles of pointless fun driving (mostly to tool station and Sainsbury’s 😂)

[Mark030358]

40 minutes ago, rafphillips said:

Having made many £10s of £k on some old cars you can do both

Agree with this 100%.. My 1973 Sprint is in the 350 bracket quoted above.... just takes years to get there. 

Cheers

[rafphillips]

Ah I meant new old .... GT4 and GT3 were previous cars.

So had made money before delivered rather than having to wait years.

[Forkhandles]

When you say the playground,of which I’ve seen a few people mention, which forum is that.

[Screem]

It’s the lotus owners club based in the south east  

you know the one ?

I’m not sure if you’re allowed to mention the name on here!

[pete]

You are

[Bravo73]

2 hours ago, Forkhandles said:

When you say the playground,of which I’ve seen a few people mention, which forum is that.

S ELOC 

[auRouge]

https://www.pistonheads.com/classifieds/used-cars/lotus/exige-s3/new-in--lotus-exige-s3-v6-s-coupe--high-factory-spec--manual--race--premium-sport-packs--1-previous-owner--beautiful/9097109

one owner - 15k miles, high spec and only £37k

an S3 Elise costs that!

ive driven a 350 Sport and 380 Sport but haven’t driven an S...

To help people like me that don’t know much about Exige’s :-

q. main differences between the S and Sport apart from power are? 

q. 380 Sport is lovely, but if you weren’t bothered about the carbon panels, splitter, wing and extra bhp (real world, is 30 bhp really that much on a country road where you bottom out at half the power!!),, is it really worth double? twice the price of this mint looking car from a reputable solid Lotus specialist? 

[Seriouslylotus]

8 hours ago, auRouge said:

https://www.pistonheads.com/classifieds/used-cars/lotus/exige-s3/new-in--lotus-exige-s3-v6-s-coupe--high-factory-spec--manual--race--premium-sport-packs--1-previous-owner--beautiful/9097109

one owner - 15k miles, high spec and only £37k

an S3 Elise costs that!

ive driven a 350 Sport and 380 Sport but haven’t driven an S...

To help people like me that don’t know much about Exige’s :-

q. main differences between the S and Sport apart from power are? 

q. 380 Sport is lovely, but if you weren’t bothered about the carbon panels, splitter, wing and extra bhp (real world, is 30 bhp really that much on a country road where you bottom out at half the power!!),, is it really worth double? twice the price of this mint looking car from a reputable solid Lotus specialist? 

Power is the same on V6S and 350

Main differences between V6S and 350 are 

Gear change (350 has visible 'terminator' gear change) that is a bit better

Rear hatch is louvred  (Glass on V6S)

There are also a number of revisions under the skin inc new cooling package with revised radiators and heater circuits, new buttons for DPM system etc

Edited January 19, 2019 by Seriouslylotus

[pete]

10 hours ago, auRouge said:

https://www.pistonheads.com/classifieds/used-cars/lotus/exige-s3/new-in--lotus-exige-s3-v6-s-coupe--high-factory-spec--manual--race--premium-sport-packs--1-previous-owner--beautiful/9097109

one owner - 15k miles, high spec and only £37k

an S3 Elise costs that!

ive driven a 350 Sport and 380 Sport but haven’t driven an S...

To help people like me that don’t know much about Exige’s :-

q. main differences between the S and Sport apart from power are? 

q. 380 Sport is lovely, but if you weren’t bothered about the carbon panels, splitter, wing and extra bhp (real world, is 30 bhp really that much on a country road where you bottom out at half the power!!),, is it really worth double? twice the price of this mint looking car from a reputable solid Lotus specialist? 

SOLD

[auRouge]

Not surprised, looks like a perfect spec and fair price.