For Auction - The Esprit Limited Collection

[Giniw]

Well honestly I've been to a few auctions for used tools in workshops and sometimes you are just lucky and no one in the audience is interested by what you need. Or just there are enough samples for everyone to be happy and so there is no real competition.

For instance a friend of mine bought an old sad looking lawnmower for a couple of euros. You won't believe me: nobody bided, and at the end we had ... a good laugh lol (it actually started so not totally useless \o/)

[Djs44]

Perhaps trying to sell all the  cars at the same time wasn't the best idea? 

[Barrykearley]

All very different cars for different buyers

[Djs44]

1 hour ago, Barrykearley said:

All very different cars for different buyers

Or not buyers ....   

[pete]

Perhaps esprits have peaked😆

[Barrykearley]

Or bounce back money run out 

[purso]

I was heavily considering the sport 300 but didn't know that the car had been damaged, on its own wouldn't  be put off, the main issues are really all the aftermarket bits the twin exhausts etc.  Also the colour change has put me off, be interested to see what it settles at though.

[Viper]

Just now, purso said:

I was heavily considering the sport 300 but didn't know that the car had been damaged, on its own wouldn't  be put off, the main issues are really all the aftermarket bits the twin exhausts etc.  Also the colour change has put me off, be interested to see what it settles at though.

Then there’s that shocking interior which isn’t in keeping with the car at all 

[mike_sekinger]

It has looked a lot worst in the past...

[purso]

that is mental, who would spend the money on that car in particular to do that??? Do you know when that was/?

[mike_sekinger]

This was from 2001/2.   It was given the 2002 rear light and V8 style wheel arch treament later on.

At least it has been returned to look like the S300.

[v39]

That’s at Frinton on sea, hence the rust.

[Giniw]

Red S1 - £31300 reserve not met

 

Green S4 GT - £26750 reserve not met
update: sold for £34000 (https://themarket.co.uk/en/listings/lotus/esprit-s4-gt-commemorative/ee722fb7-d1c3-4e69-91e8-57286a0cdab8)

 

JPS #21 - £63000 reserve not met

 

Silver Sport 350 - £44,500 reserve not met
update: live again https://themarket.co.uk/en/listings/lotus/esprit-sport-350-v8/ef747f51-80b3-44a6-af8c-f3a980a200f7

[purso]

sport 300 hit 60k which may or may not be the auction company themselves bidding to stimulate activity.  They should of done a better job of being transparent about the history and it may have done better.

[Viper]

I also think the amount of time it took these cars to go live was an issue, most interested parties died waiting. 
 

But also gave time for everyone to do their research which is ok if a car is squeaky clean 

[Barrykearley]

The S4 is now marked as sold at £34k.

[Giniw]

35 minutes ago, Barrykearley said:

The S4 is now marked as sold at £34k.

The GT? indeed =>https://www.thelotusforums.com/forums/topic/114537-for-auction-the-esprit-limited-collection/?page=6&tab=comments#comment-950134

[Giniw]

Red S1 https://themarket.co.uk/en/listings/lotus/esprit-s1/42040a20-1e7d-45ab-bb99-3ebf013d6939?status=live
£31300 reserve not met

 

 

Green S4 GT https://themarket.co.uk/en/listings/lotus/esprit-s4-gt-commemorative/ee722fb7-d1c3-4e69-91e8-57286a0cdab8
£26750 reserve not met
update: sold for £34000

 

 

 

JPS #21 https://themarket.co.uk/en/listings/lotus/esprit-s2-jps-edition/48d2201c-f00f-4ee0-a557-9daae7fbbce9
£63000 reserve not met
update: will be live again soon

 

 

 

Silver Sport 350 https://themarket.co.uk/en/listings/lotus/esprit-sport-350-v8/ef747f51-80b3-44a6-af8c-f3a980a200f7
£44,500 reserve not met
update: live again, currently £41000 (2021 09 07)

 

 

 

Sport 300 https://themarket.co.uk/en/listings/lotus/esprit-sport-300/a2c4df24-c22e-418c-bee1-a9a1262940c2
£60 000 reserve not met

 

 

 

S4s https://themarket.co.uk/en/listings/lotus/esprit-s4s/0784d6ad-eef1-4e3c-9f27-0acc24f03d38
still live (2021 09 07) currently £43000

 

 

 

Essex https://themarket.co.uk/en/listings/lotus/esprit-turbo-essex/3d828dfd-0bb5-483d-afff-52e8781e2e58
still live, (2021 09 07), currently £60 000

[Mark Blanchard]

Looks like The Market have been too ambitious with their valuations / reserve prices.  It's also the wrong time of year to sell too, going into Autumn / Winter.

[Essex Metallic]

I've been watching these auctions with interest having just bought my first Esprit.  The Essex Turbo looked magnificent.

I'm surprised the reserves were set so high on the GT and Sport 350.  Are vendors over-valuing Esprits  at the moment?  Everything listed S$ or later seems to be £35K+. 

 

[pete]

1 hour to go and the Essex hasn't made reserve

[Barrykearley]

It’s only just over what they paid for it before they poured money into the restoration 

[mike_sekinger]

It is very rare to get your money back on a full restoration. I will be amazed if they find the "special buyer" that they are looking for.

[LOTUSMAN33]

Some shocking figures with an Essex only fetching £2k more than a JPS! What is going on with the classic market at the moment?

Strange times and seems to be a buyers market 🙄

Is it seasonal? Is it the whole EV thing?

Dave  

[Barrykearley]

16 minutes ago, LOTUSMAN33 said:

Strange times and seems to be a buyers market 🙄

Definitely not chap - as the reserves simply haven’t been met and the cars not sold.

im hunting another classic - and as soon as one comes up - it’s gone. The prices are stronger than ever they should be as well. Privately and off market though - I’ve had a couple of offers of possible cars.