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Whilst clearing out my study I found a copy of Practical Classics from 2005 (as you do) and it was interesting to see the prices for a S1, which at the time I was looking for.

100-0476.jpg

It listed a restoration as £1,750 so having paid £2,000 for mine in 2007 I think I was ripped off ;)

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Lotus Esprit [meaning] a 1:1 scale Airfix kit with a propensity to catch fire

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I personally think prices will drop a lot more as we Brexit. It doesn't matter unless you have to sell. I have restored two car s now with labour and parts you are looking north of £50k, and that's if

Healthy figure achieved by the JPS at Silverstone Auctions today - guide was £55-60K - sold for £65K inc buyer premium 😊

I am obviously conscious of market prices but all I will say is that I bought my Esprit at what I feel is the right time. Not too expensive but a goodly amount of money. I certainly couldn't afford to

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  • 3 weeks later...

Modified LH '89 Turbo 215 hp on mobile.de for € 39.950,-...........

......."Our copy is - to put it simply indiscriminately -; unique! The Esprit Turbo has only driven 8000 kilometers. This mileage is also confirmed by Lotus itself (letter present). The car was originally delivered in Germany and has always been in the hands of enthusiasts. The brakes and gearbox have recently been overhauled. In addition to all maintenance vouchers, we also have the original booklets and the aforementioned letter from Lotus. The car is in good condition and is ready to be included in a collection again!".......

........."The Esprit Turbo has only driven 8000 kilometers. ..................The brakes and gearbox have recently been overhauled"........

That's pretty soon ?!?

1008461067__201.jpg.dc2c8f8decb237d6073d26dbe6a60574.jpg

https://suchen.mobile.de/fahrzeuge/details.html?id=286860983&damageUnrepaired=NO_DAMAGE_UNREPAIRED&isSearchRequest=true&makeModelVariant1.makeId=15900&makeModelVariant1.modelId=7&pageNumber=1&scopeId=C&sortOption.sortBy=searchNetGrossPrice&sortOption.sortOrder=DESCENDING&fnai=next&searchId=149bb246-9446-ce57-ed63-a18ecec280b9

 

 

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On 04/10/2019 at 00:05, Peter H. said:

It's rare to see one Esprit in an auction, but there are three for sale in this month's CCA Auction

A pretty good condition S3 has a guide price of £14 to £18k which sounds like a bargain.

 

 

S3 was the only Esprit to sell at £14430. The red Esprit Turbo which failed to sell was noted to have a fuel leak underneath 😱

Only here once

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To each his own, but I to prefer the original Stevens look to the Thompson redesign. Also, with so few miles, whoever made/ordered the changes can't have spent much time with the car as it was...

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I have made many mistakes in my life. Buying a multiple Lotus is not one of them.

 

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On ‎31‎/‎10‎/‎2019 at 19:51, Escape said:

To each his own, but I to prefer the original Stevens look to the Thompson redesign. Also, with so few miles, whoever made/ordered the changes can't have spent much time with the car as it was...

A year ago I have seen a black SE with a kit like the V8 End Edition included the wheels! Must be costly. Do you know it Filip?

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No, I don't remember ever seeing a Belgian black SE with a V8 bodykit. Too few Lotus to see on our roads... I did get lucky and could park next to a lovely red Turbo Esprit at a meeting yesterday.

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I have made many mistakes in my life. Buying a multiple Lotus is not one of them.

 

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Prices here in the US seem to be creeping up for nice examples.  A yellow S4 just sold on Bring a Trailer for $34750, which is significantly higher than it did just over a year ago.  I have  a vested interest as my 1991 SE is up for sale:

https://bringatrailer.com/listing/1991-lotus-esprit-14/

I'm looking for a Europa (1970 or so vintage) as my next long-term project...

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I don't think it's just Esprit prices rising, I've seen classics generally increasing, and don't get me started on classic Mustang prices, they're through the roof. 

It's one huge asset bubble and it always end in tears.

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14 minutes ago, Mark Blanchard said:

It's one huge asset bubble and it always end in tears.

Not if you sell before the pop 👍

Only here once

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1 hour ago, Barrykearley said:

Not if you sell before the pop 👍

But when does it pop?  Normally people wait till it's to late. 

Made £10k on my classic last year but prices are still rising and sold to early.

This is crazy money for a chaved up AMG.

https://www.bonhams.com/auctions/26807/lot/42/?category=list&length=12&page=4

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What's the price of a 1968 Mustang fastback these days? I last looked in early 2016. Decent one from £25,000 then.

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28 minutes ago, Fridge said:

What's the price of a 1968 Mustang fastback these days? I last looked in early 2016. Decent one from £25,000 then.

£75,000 can get you a good one now.  A mate sold his 67 fb for £24k 5 years ago.  Big mistake.

https://www.ebay.co.uk/itm/1967-FORD-MUSTANG-1968-FASTBACK-MUSTANG-V8-5-8/383933098291?hash=item5964322933:g:OUgAAOSwKptgN15I

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I nearly bought a concours mustang fastback S code (bullet car) for £34k eight years ago. I believe that would be very serious money now!

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