v8 esprit

[lee glennon]

Hi All ,

I am a fan of the elite , ecat and excel and have owned a few . Getting back in the game and have just bought an elite s2 . Chatting to a friend about the car and as these things go . He mentioned a friend of a friend ( you know the score . has a v8 lotus on a 96 plate for sale . I have looked at it and it looks fairly strait , but the owner of the last 7 years has kept it legal but not given it a lot of love . I know its a long shot , but what do you think this car would be worth ? . I know this is a how long is a piece of string question , but what would a low of the low v8 price be in the current climate .

 

Thanks 

Lee

 

 

[Barrykearley]

I’d be very wary and careful of any v8 like what you describe.

costs can very quickly spiral - suspension parts you can budget £2k - if the engine is knackered £10-15k......

[lee glennon]

Thanks for the rely , he is asking ten grand , just passed its mot and body looks straight and engine sound good with no smoke . He has been honest with me and said he has kept it going on a shoe shring , cheap tyres , one fuel tank blocked off as leaking and hole cut in body to replace alternator . Some electrics not working , wipers , fuel gauge and rear lights ? , is it worth a punt ? . Even as a breaker 

[Barrykearley]

Yes - if you don’t want it - pass on his details to me and I’ll have it 👍

[LOTUSMAN33]

You can’t go far wrong at £10k so I would go for it. 👍🏻
Agree with Barry though as these are mega bucks to fix up if you get a bad one, my 96 V8 needed liners resealing at 23000 miles.

Dave  

[lee glennon]

thank chaps , will let you know how i get on 

 

Regards 

 

Lee

[Steve V8]

Sounds a bit dodgy Lee, no wipers no back lights and a new M.O.T. 

If it runs and drives it's a shame to break it but you could double your money.

Alternatively you could spend 30k and do it up, that way you'll end up with a beautiful ornament and no money at all ever again😁😁😁

[tomcattom]

If you're willing and able to do a lot of the work it needs yourself it's probably worth a punt at that price I'd have thought. Just be prepared for a lot more work than the obvious things you've reported if it's been run on a shoe string.

Fuel gauge probably isn't broken. It won't be working because of the blocked off fuel tank.

[lee glennon]

Hi All , i had another look today and im not sure , The owner is now saying he has had other offers nearer to 14 grand , I think he hooked me in with the cheap price , that would have stretched me anyway . I have told him i will leave it for now . And if he cant get rid I would probably have another look . I runs ok but the right bank has a hint of smoke . This would have been a cheap car as an investment , but looks like i need to curb my enthusiasm . thanks for the information and replys chaps.

 

Lee

[LOTUSMAN33]

That’s a shame Lee, sometimes just not meant to be.

Calling Barry ......... 😁

 

[Barrykearley]

Let them take it at £14k. Sounds like an utter money pit.

[lee glennon]

yes i think i have been slightly naieve . Got hooked in by my enthusiasm . Ten gran is probably was its worth . I expect its too be sale fore a while unless someone with more money thank sense wants to take it on . I will keep you all updated , you never know ? . 

Kindest Regards 

 

Lee