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

[Neal H]

7 minutes ago, internets said:

Anyway as Barry says only 2 seats so its bound to be slower than a mighty +2 but then what would I know as I own an iPhone and an Audi  

Hence the need to add the EV430.

Does look really nice though...

[ephancock77]

Oh yeah, that's a bit crafty.  I had wrongly assumed it was being sold by them, still seems like a great price though.

 

 

[C8RKH]

23 minutes ago, internets said:

Its not Silverstone, its a private sale but they are using a picture from when it was for sale at Silverstone. But has got the komotec EV430 upgrade....

Anyway as Barry says only 2 seats so its bound to be slower than a mighty +2 but then what would I know as I own an iPhone and an Audi  

"you know nowt @internets".  Winters coming....

Looks like a really nice car and a very good price.  As others have said, it seems that a private sale is not the way to go with these cars.

[CocoPops]

On 2/13/2016 at 16:12, CocoPops said:

West over car.... (Reg AU65BXG is listed on their own website)

 

Car is up for sale again at westover (again) £58,989

[LotusLeftLotusRight]

It's remarkable how the values of decently specced earlier cars have steadfastly refused to drop any further since reaching 30K four or so years ago. In fact if I now wanted to buy the same car/condition/mileage that I bought in 2013 when it was 4 years old, I'm pretty sure I would have to pay at least a couple of grand more to secure it today.

If things stay that way then nice S models will never ever drop even to that level.

[Harey]

I note a fair few have dropped off AutoTrader recently, so they are clearly proving in demand - which of course all holds prices. 

[PZE]

2 hours ago, LotusLeftLotusRight said:

It's remarkable how the values of decently specced earlier cars have steadfastly refused to drop any further since reaching 30K four or so years ago. In fact if I now wanted to buy the same car/condition/mileage that I bought in 2013 when it was 4 years old, I'm pretty sure I would have to pay at least a couple of grand more to secure it today.

If things stay that way then nice S models will never ever drop even to that level.

I've been watching for a couple of months and it looks like the 2009-11 market is pretty much £30k for a solid car with about 30,000 miles +/- 10p a mile, something like £1500 premium for authorised dealer, and very little variation for spec. Everyone claims a full service history and excellent condition so doesn't seem to affect the asking price. The ones that are hanging around are often priced a little higher and I guess aren't prepared to do a deal. 

It looks like you can add £5k to that for S models up to about 2012/13 but the maths is otherwise similar; I think there's maybe a further £1-2k premium for IPS but don't have enough data to be sure. My best guess is that is indeed the bottom of the S market for the foreseeable. 

The interesting question is where SR and early 400s will end up and if that will ever push the older cars lower. It doesn't look likely given the last few years' stability; I guess I'd bet on SRs sitting a tiny bit above well maintained Ss, maybe bottoming out at £37-38k.

I think the hardest call is the impact of the 400 long term: if they do come as low as £40k you feel that would have to push down early NAs a bit. I don't want to believe that the NA I hope to buy soon will depreciate so I guess that commits me to the belief that 400s will stay above £45k!

[Danelaw]

Given a base spec 1.6 elise is now £31k new and the second-hand prices for all elises are holding up well too, the v6 Evora at anywhere under £30k is a bargain.

It appears that quite a few Elises are going abroad due to the weak pound, and I think that is pushing UK second-hand prices up. That's maybe not happening as much with the Evora as it is less well known.

[Stuno1]

I think with the way the lotus cars hold money the 400 may bottom out at 45-50 and s sr 40-45. These cars are fantastic and good examples seem to sell very quickly. 

[Danelaw]

@Stuno1 oh I really hope you're right about that - doesn't really matter to me but will make my expensive purchase seem a bit more sensible!

@PZE I'm not sure why and SR would sit any higher than an equivalent S. The SR was a lower cost fully-loaded model, but with a limited range of colours so a fully specced S of the same vintage would have been a more expensive car and there were some. I know some of you love the black roof but it wasn't for me for a couple of reasons, so although I could see the logic in buying the SR it wasn't the way I went.

[Stuno1]

Makes sense fella. Personally I like the black pack and knowing the car is fully specced and ticks every box is good to know. Personally in love the suede tex as well. Could the non sr be specced with suede tex?

[Danelaw]

I'm really happy that Lotus did the SR as I like to see more variety and looks, but it wasn't for me and the suede-tex wasn't either so I didn't even ask because I think things just look that bit more sexy in leather!

[PZE]

1 hour ago, Danelaw said:

@Stuno1 oh I really hope you're right about that - doesn't really matter to me but will make my expensive purchase seem a bit more sensible!

@PZE I'm not sure why and SR would sit any higher than an equivalent S. The SR was a lower cost fully-loaded model, but with a limited range of colours so a fully specced S of the same vintage would have been a more expensive car and there were some. I know some of you love the black roof but it wasn't for me for a couple of reasons, so although I could see the logic in buying the SR it wasn't the way I went.

My totally unscientific view is that an SR is a known quantity, guaranteed to be a certain age and spec - in other words non-expert buyers know what they are getting so it feels like that would drive a small price premium. Maybe. Unless it doesn't. 

[C8RKH]

1 hour ago, Stuno1 said:

Makes sense fella. Personally I like the black pack and knowing the car is fully specced and ticks every box is good to know. Personally in love the suede tex as well. Could the non sr be specced with suede tex?

Yes. It was called Sport Premium interior. It was one of the many std. Options the SR had.

I updated my NA to the same trin including new seats, but used Alcantara over suedetex as Allon White who did the work confirmed it was the superior choice

 

[Cooper]

Hi folks.  Long time lurker but maybe becoming an owner.  Wealth of knowledge and advice on here so I thought I'd pick some brains.  

Does anyone know much about this Laser Blue LE for sale in NI?  TIA 

 http://www.autotrader.co.uk/classified/advert/201606134864744?search-target=usedcars&onesearchad=Used&onesearchad=Nearly New&onesearchad=New&model=EVORA&radius=1500&advertising-location=at_cars&make=LOTUS&sort=price-asc&postcode=bt14gb&page=1&advert-type=featured-listing&dealer-id=11875

[theelanman]

Vehicle make LOTUS

Vehicle model EVORA 4 V6

Date first used 13 October 2009

Fuel type Petrol

Colour Blue

 

MOT history of this vehicle

• Test date 5 September 2014
• Expiry date 4 September 2015
• Test Result Pass
• Odometer reading 19,250 miles
• MOT test number 8795 7824 4259
• Advisory notice item(s)
  Front brake disc worn, pitted or scored, but not seriously weakened (3.5.1i)

  Rear brake disc worn, pitted or scored, but not seriously weakened (3.5.1i)

• Test date 5 September 2014
• Test Result Fail
• Odometer reading 19,250 miles
• MOT test number 3583 6874 4284
• Reason(s) for failure
  Front Windscreen wiper does not clear the windscreen effectively (8.2.2)
• Advisory notice item(s)
  Front brake disc worn, pitted or scored, but not seriously weakened (3.5.1i)

  Rear brake disc worn, pitted or scored, but not seriously weakened (3.5.1i)

Launch edition.......Last UK mot 16 months ago........

I think the MoT guys were a bit keen.......

[Cooper]

Shows MOTd to Sept 17 on vehicleenquiry.service.gov.uk so all good there.  Was wondering if anyone knew the car.

[Bravo73]

This has got to be worth reposting on this thread:

http://www.autotrader.co.uk/classified/advert/201702072069290?gallery=open

It's quite a premium (£5k-ish) for an NA.

 

[PZE]

That was my thought too. Feels like the "specialness" might get you up to say £32,500 for someone who really likes it, but as far as I could tell it's effectively a commission rather than an official edition which suggests there's no real inherent value versus respraying any LE in the same colour. (Which I suppose might have the side effect of devaluing this one slightly).

[JAWS]

I can sleep at night now....

 

[Bravo73]

Quick, don't let it get away again. Buy it.

[JAWS]

From memory that's not much less than what Silverstone had it up/sold it for 5-6years ago. Cheap motoring. 

[Bravo73]

Maybe they'll take that old nail, carbon grey one in as a part exchange?

[Bibs]

It would need a good clean first

[PZE]

15 hours ago, JAWS said:

From memory that's not much less than what Silverstone had it up/sold it for 5-6years ago. Cheap motoring. 

Apparently it's been owned by the same person since Lotus sold it - it's lived on Jersey so no MOT record. 

Advertised at £45k in early 2011 so £1,700 depreciation each year - not bad going.