Are evoras depreciting and exiges appreciating

[pete 1,913]

Particularly on the older cars it seems as if evoras are much cheaper than exiges of the same age or am I misreading the current situation

[RedViper 84]

I hope your right. I will be selling my 2014 exige in a few months and buying my mates 2017 evora 400 so win / win if it’s true 😃

[Troy5925 60]

I reckon they have bottomed out now on the series 1s

When it comes to selling my Sports racer S and say 5 years from now I will not accept anything less than 38k which I paid for last year

 

[Daveb99 66]

1 hour ago, Troy5925 said:

I reckon they have bottomed out now on the series 1s

When it comes to selling my Sports racer S and say 5 years from now I will not accept anything less than 38k which I paid for last year

 

That could be optimistic.  It's an S with some fabric and black bits isn't it 😉

[mayevora 1,276]

No intention, but if I put my Sport Racer on the market today I would get what I paid for it over 2 years ago. This a a zero depreciation car 👍😊

[Barrykearley 6,987]

I certainly never experienced any depreciation on my evora. The 400s may well do - but the NA have already done there slump

[r3nault 16]

Thanks to government stimulus and superannuation/pension money flowing through cashed up bogans in Australia, our used car market is up 10% and enthusiast models more... My Evora appears to be worth $10k more than I paid (£5K to you Brits), whilst a DC2R Integra recently fetched $47k...

[Bazza 907 1,083]

7 hours ago, r3nault said:

Thanks to government stimulus and superannuation/pension money flowing through cashed up bogans in Australia,

Had to look up "bogans". Never seen that word before 🤣

[pete 1,913]

Thought that was an Australian 

[Bravo73 1,347]

It is Australian, not all Australians though.

The English equivalent might be chavs. Just with V8 utes & VB. 

[Loquacious Lew 336]

Used Evora prices are stable  here.  '17 400s are  sold at high $60Ks to $75K  while '18s go for a little more although milage, equipment  and condition are more important than vintage for 400s.  But for the time being it seems like Evora prices are at a bottom.   Now, for better or worse the used  Evora population is so small that demand has started to meet or possibly even exceed supply. I get the impression that the Evora has finally made a dent in American car consciousness.  I think Lotus sales were up near 40% last year.  We know that's not really all that many cars but as a relative metric it's excellent and I would think encouraging to Lotus.    Of course, the new cars can only be Evoras here and they are the most expensive Evora ever at that.  That tends to drive the used market up a bit.  

We're still Porsche and Corvette besotted but there are recently a few more people buying new GTs. First time buyers are notably present.  Of course specialist interest and prices for Elise and Exige remain high.   I think it would take a special Exige to go for 70K though and no Elise I am aware of has sold that high but 400s do.  Nobody wants to sell one for $65,000 so you just don't see them priced there.    GTs naturally cost more than any other modern road going Lotus here and are likely to stay that way but the real story for resale only gets told when Evoras are discontinued.  Evora's relative depreciation is good in the states but they are still depreciating from new of course.  Still, I drive mine a lot and don't expect those miles to be all that costly at this point in the car's life cycle.   

As a rough guide older NAs are 30-40+K and S cars can go as high up to $60K for unique or special cars.  At this point, you could say 400s cost 70K and up with a top at maybe $75K.  There are always exceptions of course.  I think the Evora has a bit more future here than it did  18 months ago as people speculate about what replaces it.