Evora prices post Emira launch

[ramjet]

Finally, someone said it.

My Esprit has 264bhp and is plenty fast enough. OK. Some guy in an AMG Merc was in from of me coming through the forest near where I live. I could not keep up with him in the straights, but come every corner, I was right on his tail again. I really wanted him to pullover and let me lead for a bit to see whether he could keep up with me. He didn't  Even my son commented and said at least the guy was having a real go at it.

Oh and it weighs 1,340kg.

So 1400kg and ~400hp and people are all hmmmm?

 

[TdM]

On the two points active here:

Speed, I agree, it's more fun having a bit less speed on the road. You can be going seriously quickly in a short space of time if you aren't careful and that means you feel you are holding back all the time which can get in the way in my opinion.

 

Safety tech, I'm a little biased here but you can be affected by problems such as sleep apnea that you may not at all be aware of and can trigger micro-sleeps that you also won't notice even if you aren't feeling drowsy. These can mean that you lose control or miss something in an instant. The newest and best systems can instantly detect these and save your life. Also will help you in case of incapacitation due to any number of other medical issues - The Emira won't have this full avoidance system (you need electric steering) but, honestly, the more cars that have it on the road the better. You may even learn of medical conditions that you have that you didn't know about that makes your life a whole lot better and that can't be a bad thing.

[ramjet]

I just wanted to check something that Jayemm said in his video. The point is at 6:10.

Lotus should not have the same diameter front and rear just because design wanted it that way.

Well I'm quite sure that the dynamics engineers would have sorted it out. It's not like Lotus haven't had the same diameter before.

My S4 is 17" diameter all round. Heresy, apparently.

 

[jimichanga]

However did we survive this long without micro-sleep detecting cars? Volvo will always be a better choice for the anxiety ridden who would be terrified by a Lotus Emira in any case. The same logic leads to cars which can't exceed 70mph. Heck that sounds a bit risky, I'm sure the stats on fatal accidents plummet below 50mph...

People with 'any number of medical conditions' that impair their driving should not be driving. Nor should they be thinking of buying a fast car. To think they'll be OK because their car will detect them losing consciousness behind the wheel is complete madness.

[Bruss]

The thread is in danger of becoming an Emira thread, but re the wheel diameter, and a few other things. This car is not a track focused car. Unlike the Evora that was originally designed a plus 2 Elise, very basic and then upgraded, the Emira is designed as a road car with all the comfort and aesthetics compromises that entails.

 

[ramjet]

You're right Paul and I was as guilty of derailing the topic as welI.

Back to Evora prices folks.

 

[Tris...]

For me the Evora and Emira actually represent two different audiences.

The Evora has never been a mass market car, if howmanyleft is accurate, only 500 or so sold in total in the UK. It is an analogue car, few drivers aids, all of which can be turned off and minimalist approach to the interior and non essential equipment. 

The Emira is more a mass market machine, it is a more direct competitor to the Porsches of this world, because it has the options and interior that that market seems to demand. That world demands shiny toys and displays which show you lots of fundamentally useless information and a car that mollycoddles you. This is the larger market but more competitive market.

Give me the analogue car, something where I am the driver, and I decide where the edge is for myself, if I get it wrong it's my fault.  I didn't buy my Evora for the interior, although I like the interior. I bought it for how it sounds, drives, goes around corners and puts a huge grin on my face.

If the Emira opens up a new buying audience I think it will be good for everyone. if it sells in the volumes they are hoping it just makes my Lotus look rarer and more exotic. 🙂

Tris...

 

[C8RKH]

Love your post @Tris...   Makes me think of the Emira as the Audi TTS to the R8!

I don't think that Evora prices will tumble, I think it is such a "small" market anyway and some people will always prefer exclusivity to mass appeal.

My own dilemma is that whilst I love the Emira's styling and design, until I see the road tests I'll not be making a decision as whilst the Emira absolutely moves the marque forwards it moves it forwards in areas that do not hit the mark for me. If I want a GT for daily driving and touring then I struggle to see past an Aston Martin to be honest.  If I want a refined everyday sports car, then you have to look seriously at the Stuttgart options alongside the Emira for sure.

I think Evora prices will soften slightly, but not greatly, as they are exclusive cars and no matter how good the Emira is, it doesn't make the Evora a bad car! Indeed, some people may come and look at the Emira, realise the Evora exists and swayed by the +2 (I know, I know) they will drive it. And we all know what happens when you test drive an Evora....

[rallyesax]

I'm gonna mark my calendar! What did you just say about +2? 😁

Anyway, I also agree with this statements. 

[Gadzooks]

At the moment the value of my 410 Sport is running at about 70% of purchase price after over 4 years.  Even if the Emira causes a big slide in prices (which I doubt) then it is still likely going to be worth 50% at over 5 years old.  That is still pretty amazing in terms of depreciation performance 

[Ali tuck]

I still think long term evora will hold strong as it’s such a rare car- I think I would be more worried over emira prices over the next few years if correct 500 odd evora  V 15000 emira

[LotusLeftLotusRight]

True. Also when the uprated Emira eventually comes out, they’ll probably all be hoovered up by lunchtime. Compare that to the aeons it took Lotus to sell the limited edition Evoras. I don’t think they ever did get close to the total planned sales of the 430 did they?

[Bibs]

IIRC that they sold more than allocated in the UK in the end. It didn't do too badly considering the price over other models in the Evora range. 

[Redwing]

If the Emira is a global success, which it should be, and interest/awareness of Lotus as a marque, and the Evora as the hand- built analogue precursor to the Emira rises accordingly,  then I can see a lot of Evoras being snapped up and disappearing overseas. 

But there again, what do I know?

[jimichanga]

More to the point the wait for Emira will be long and likely subject to further delays (FE cars are delayed currently) so what could be better for impatient excitable owners than running an Evora for 6-12months? Values could even firm up over the next year.

[au-yt]

One other consideration is The EVORA is in Lotus history as to the Porsche 964 the EMIRA is a 993.

The Next Porsche cars are the 996... as a comparison in history which is now, all be it many years down the track, which is the most valuable of the Porsche's now

[Greg | ValetPro]

On 14/07/2021 at 12:00, TdM said:

On the two points active here:

Speed, I agree, it's more fun having a bit less speed on the road. You can be going seriously quickly in a short space of time if you aren't careful and that means you feel you are holding back all the time which can get in the way in my opinion.

 

Safety tech, I'm a little biased here but you can be affected by problems such as sleep apnea that you may not at all be aware of and can trigger micro-sleeps that you also won't notice even if you aren't feeling drowsy. These can mean that you lose control or miss something in an instant. The newest and best systems can instantly detect these and save your life. Also will help you in case of incapacitation due to any number of other medical issues - The Emira won't have this full avoidance system (you need electric steering) but, honestly, the more cars that have it on the road the better. You may even learn of medical conditions that you have that you didn't know about that makes your life a whole lot better and that can't be a bad thing.

You seem to know a bit about these computer systems that detect drowsiness.  I have recently invested in this company https://www.seeingmachines.com  via an ISA.  Is this the system that all car manufacturers are using or are there lots of different systems available on the market?  Just curious if you know more about this industry.

[Greg | ValetPro]

Reading the comments here.  Knowing that the Evora is a great car and having a deposit down on an Emira. the pull the the more analogue car is pretty strong. Although I did think the prices on Evoras would reduce, If they do I don't think they will for long.  End of September I get to make my mind up.

[TdM]

3 hours ago, Greg | ValetPro said:

You seem to know a bit about these computer systems that detect drowsiness.  I have recently invested in this company https://www.seeingmachines.com  via an ISA.  Is this the system that all car manufacturers are using or are there lots of different systems available on the market?  Just curious if you know more about this industry.

I'll IM you as it's a bit OT

[windymiller]

https://www.autocar.co.uk/car-news/used-cars-second-hand-picks/buy-them-we-do-second-hand-picks-27-august

 

"get one before prices rocket" 😁

[Hughesy83]

I think the NA cars have bottomed out now and will keep going north for a bit and probably firm up at £30k ish. S cars slightly more £35-40k.

as for the 400’s they may take a knock to start with but think they will be a £60k car in the feature. All eve peas are going to be collectible mainly because, they look exotic, sound fantastic, drive very well and are cheap to run. The emira in my opinion will get people looking at evoras, and thinking yes the interior is not as good but it looks fab and has rear seats (sort of)

I am keeping mom long term hopefully. Wish I did with my old intergrale and alpine a610, as they are all worth far more than what I paid for them.

[LotusLeftLotusRight]

1 hour ago, Hughesy83 said:

All eve peas are going to be collectible

Good to know.

1 hour ago, Hughesy83 said:

I am keeping mom long term hopefully.

Phew, she will be relieved…

[Hughesy83]

 

Ha ha bloody fat fingers but you know what I mean. Lol that was supposed to be mine not mom. And Evora in the first quote.

[r3nault]

8 hours ago, Hughesy83 said:

I think the NA cars have bottomed out now and will keep going north for a bit and probably firm up at £30k ish. S cars slightly more £35-40k.

as for the 400’s they may take a knock to start with but think they will be a £60k car in the feature. All eve peas are going to be collectible mainly because, they look exotic, sound fantastic, drive very well and are cheap to run. The emira in my opinion will get people looking at evoras, and thinking yes the interior is not as good but it looks fab and has rear seats (sort of)

I am keeping mom long term hopefully. Wish I did with my old intergrale and alpine a610, as they are all worth far more than what I paid for them.

If classic status is achieved, do you really think a 400 is double an NA?

FWIW, in Oz NAs are already asking your equivalent of 38k plus… (and rising thanks to COVID pricing)

[Spinney]

Since the Emira launch and me going from “I want one, where do I sign?” to “you know what, I think I’ll just wait a bit”, I’ve deliberately been driving my GT410 at every opportunity.

Oh boy am I glad I have as, not having used it much over the last 18 months, I’d kinda forgotten just what great cars they are. The Evora really does do everything I want from a GT/Sports car and, importantly,  puts a smile on my face whenever I slide behind the wheel. 

I actually rather like the interior which, compared to Emira, is quite plain and sparse. I like the fact there is very little in the interior that doesn’t need to be there and, consequently, very little to distract your attention. 

I almost feel as though the last month or so has been a bit of an epiphany for me. No more will I need to be shackled to the idea of upgrading to the latest offering from Lotus, as I have in the past. 

So, taking everything into consideration, much as I still love the look of Emira, my GT410 Sport is now going to be a keeper. Besides, I’m fed up with selling cars that several years later suddenly become collectible and worth way more than I sold them for!🙄

So now I’ve said that, just you watch Evora prices plummet, never to return to previous levels!😂