Evora market watch, for discussion and to help those searching!

[CocoPops]

Central Lotus still have the last unregistered White S SR @£59,950.

Being touted as "The Last" but it already looks expensive compared to nearly 400s for 10% more.

will it sit there for a long time or will some rich person come along and buy it for his wife as it looks pretty without knowing it's now "old hat"

 

[Colin G]

The 50/50 is a powerful selling tool for Lotus for sure, we're seeing more and more new 400's bought (I'm assuming many on the deal) while people are bypassing the cheaper ex demo cars. In two years I'll be happy enough if mine is still worth £40k, which I think it probably will be plus more. I don't let it concern me, I'm just enjoying owning the best car I've ever bought.

[Stuno1]

8 hours ago, Evo400 said:

It is pretty much a certainty that Evoras will have low depreciation given the low numbers.   All models (pre 400)  will drop a little more before then starting their upward trajectory. 

I have seen it with the S2 Exige and S1 Elise. 

The 400 however has alot more depreciation to go and maybe the S SRs aswell. 

It will be interesting to keep an eye on. The 400 prices will ultimately impact all other model prices. If they get within 5-8k of the sr that will be where other prices start to take a hit. I thought the SR would be at low 40's by now or even late 30's by is has stuck at 45+ for over a year and seems to have taken any hit it would have with the introduction of the 400.... For now!

[C8RKH]

I predict the early model, Series 1 cars, will not just hold their price but they will rise. Especially the very rare +0 models that are now seen to be the best models in the range due to their more focused interior, the ability to easily decline giving lifts to people who "want a go" in your car, and their more supercaresque layout (no back seats and mid engine mounting).

I further predict 2010 ardent red +0's with around 20k miles, barge boards and pink leather seats will be selling for £40k by the end of the year, about £8k ahead of similar +2's. The resurgence of interest, and corresponding fast rising prices in the earlier, superb, Esprit models - which we should note were all +0 cars - will further fuel the price inflation in the Evora +0 as older wealthy gentlemen buy a red or yellow Evora for their younger second or sometimes even third wife, (their +2 - the only +2 a man needs), to sit alongside and co-ordinate with their classic red or yellow Esprit in the new oak timber framed garage.

The futures bright, the future is a red or yellow +0 Evora...

[CocoPops]

Ermmmmm, step away from the crack pipe Andy

Nice thinking though. The future is bright, I think we can all agree, definitely not grey!

[C8RKH]

Lee, no need to be so jealous. I'm sure the +2 will have its day....  But pah, they're just so common....

Seriousy, there are enough people on here talking down prices and Evora's in general (strange for an enthusiast site i know), this is my way of redressing the balance. Mark my words, the only is way is up!  

Give it 20 years, and the next generation of little "Barry's" will be hunting down Series 1 Evora's to restore - all those niggly problems will consume their lives and give them something to talk about on the next generation of forums or down the virtual pub with their mates.

 

[theelanman]

lol....I think the people talking them down are the people looking to get one......

[Bibs]

People buying talk the prices down, people selling talk them up, the sun is round etc....

[C8RKH]

Not on here they don't, people who've bought talk the prices down of the model they've not bought. Thoroughly strange behaviour in my humble point of view.

Anyway, I've reviewed the market and I am pleased to say the going rate for 2010 NA Ardent Red Evora's +0 with pink seats and barge boards is looking healthy at £42k now!  

 

[theelanman]

oh good.....mines a 2011 and +2 so must be worth at least another £10k on yours......

 

[C8RKH]

Sorry Gareth, as around 90% of Evora's sold where +2's it's just not that special enough and so you'll be lucky to get £40k for it! 

The +0's are really special, just like their owners 

[Colin G]

Yeah, Speshul........

[theelanman]

Bibs.....

you sat in mine.......and drove it.....and took pictures of it....

its ded ded speshul

[JayEmm]

The only single negative thing about Evora prices holding strong at £30k is that there isn't really a cheaper point of entry for people wanting a modern Lotus but who don't want an Elise/Exige. I'm not counting the Esprit because values of those ones have gone already.

The good news is that the prices staying firm means the cars will be looked after, low numbers mean cars with poor histories usually can't hide, and for those dipping their toe into the water the depreciation hit will be minimal.

The 400 will of course depreciate, it's a new car, but the level of depreciation is very slow, as an early Evora seems to be worth at least 50% of its new price after five years. The rarity of the model too means that people, for example, wanting an ardent red +0 will have to pay extra if they want to pry it away from Andy. But I'm sure a few extra 00s on the price would convince him.

In terms of a brand new, not-limited edition, not wait-for-two-year-sir car, I can't think of a safer place for the money. I thought Astons held their money well until I realised they cost about £40k more than I thought they did.

[C8RKH]

My plus zero is going nowhere Jay, it's so rare and much nicer than the common +2's, oh, did i say that before?  Hmmm. Did I tell you it was the only Ardent Red NA +0 with barge boards and kissing pink seats, wait for it, in a Jezzer Clarkson voice..... "in, the world!........" - Oh dear, starting to sound like Jason with Dexter!  Hang on, where has Jason been these past few weeks? Did you know Jay he has the only matt black....................

[PaulCP]

5 hours ago, C8RKH said:

 

Anyway, I've reviewed the market and I am pleased to say the going rate for 2010 NA Ardent Red Evora's +0 with pink seats and barge boards is looking healthy at £42k now!  

 

That was 4 hours ago so it's probably worth £42.1k now 

[Colin G]

A super rare +0 though admittedly higher than most mileages you see, possibly a good chance of haggling a nice deal for someone?

http://www.ebay.co.uk/itm/2010-60-Reg-Lotus-Evora-3-5-VVT-i-V6-2-0-2dr-TECH-SPORT-PACK-/322098066473?hash=item4afe8a7429:g:SZIAAOSwSclXK4PH

[Evo400]

Anyone notice how the £47k white SR has jumped to £51k Autotrader/£49k P-heads.  Guy must be getting too much interest 

[Bravo73]

Ah, shucks. I wanted a picture of that (in)famous +0.

[EuropaSman]

1 hour ago, Colin G said:

A super rare +0 though admittedly higher than most mileages you see, possibly a good chance of haggling a nice deal for someone?

http://www.ebay.co.uk/itm/2010-60-Reg-Lotus-Evora-3-5-VVT-i-V6-2-0-2dr-TECH-SPORT-PACK-/322098066473?hash=item4afe8a7429:g:SZIAAOSwSclXK4PH

This was the first Evora I ever drove and THE Evora that made me decide to upgrade from my Europa S. It had about 67800 miles on it in March 2013 when it was for sale at JCT 600 (advertised on the net back then as a 10 plate). It drove very well. Screen price then was £25995. I see that it's not ventured far from Leeds.

[Bravo73]

Now, that's what I call (enviable) depreciation!

[Barrykearley]

Dropped like a stone 

[ephancock77]

Sorry not got the link but a lovely looking S available at what seems a great price with JCT600 in Leeds.  Interior looks a bit rough but could just need a clean up perhaps (32,990)

Edited May 15, 2016 by ephancock77

[Stuno1]

Private white s sr seems to have sold. Wonder what it sold for. 

[C8RKH]

Erm. Methinks some cash. As opposed to sheep, promises or drugs.

It's only Monday and a school night but that 2nd bottle of vino collapso is going down, er, rather well.....