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For Auction - The Esprit Limited Collection


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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/)

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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.

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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 

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

S300.jpg.f0a0c1e611422afefa23c57d7a98ff8b.jpg

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1996 Esprit V8, 1998 Esprit V8 GT, 1999 Esprit S350 #002 (Esprit GT1 replica project), 1996 Esprit V8 GT1 (chassis 114-001), 1992 Lotus Omega (927E), 1999 Esprit V8SE, 1999 Esprit S350 #032, 1995 Esprit S4s, 1999 Esprit V8 GT (ex-5th Gear project), 1999 Esprit V8SE ('02 rear)

1999 S350 #002 Esprit GT1 replica

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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.

1996 Esprit V8, 1998 Esprit V8 GT, 1999 Esprit S350 #002 (Esprit GT1 replica project), 1996 Esprit V8 GT1 (chassis 114-001), 1992 Lotus Omega (927E), 1999 Esprit V8SE, 1999 Esprit S350 #032, 1995 Esprit S4s, 1999 Esprit V8 GT (ex-5th Gear project), 1999 Esprit V8SE ('02 rear)

1999 S350 #002 Esprit GT1 replica

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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

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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.

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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 

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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+. 

 

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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.

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1996 Esprit V8, 1998 Esprit V8 GT, 1999 Esprit S350 #002 (Esprit GT1 replica project), 1996 Esprit V8 GT1 (chassis 114-001), 1992 Lotus Omega (927E), 1999 Esprit V8SE, 1999 Esprit S350 #032, 1995 Esprit S4s, 1999 Esprit V8 GT (ex-5th Gear project), 1999 Esprit V8SE ('02 rear)

1999 S350 #002 Esprit GT1 replica

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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 :) 

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Do or do not, there is no try! 

 

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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.

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Only here once

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