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Prices Soaring


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3 hours ago, LOTUSMAN33 said:

barn finds will always be strong as they don’t turn up often anymore and some collectors enjoy the restoration more than the ownership itself.

 

Probably most buyers of these think it is equivalent to, say, an E Type. Its possible to economically restore a barn find E Type owing to relative simplicity, lower parts cost and lack of fibreglass skills needed. Even if whole body sections need replacing this is not that expensive.

A barn find Esprit is a total money pit.

Even an Esprit which looks in tidy condition can also be a money pit, especially an early Turbo.

There are very few Esprits out there which are prospective reliable, solid cars. The only assurance of not costing a fortune would be a fully documented restoration to nut and bolt level including engine, gearbox strip, entire cooling system, exhaust, turbocharger, fuel tanks etc etc. Such cars would be expensive but cost less in the long run.

 

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57 minutes ago, LOTUSMAN33 said:

Made £82k apparently so £94300 with 15% which isn’t bad 🙂

so the reserve doesnt include buyers premium

hindsight: the science that is never wrong

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  • Gold FFM

Lovely looking car but at £110k including all premiums, no thanks. I'm nostalgic but not stupid.  Same goes if it was a similar Fezza for more etc., not because it is a Lotus or an Esprit.

If you bought that at £110k would you actually every use it, or just drool over it and polish out your spittle marks for fear of any issues/damage?

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Guys, I'm off to Paul Matty's today to check out Jonny's old Esprit, so bearing in mind what happened with the Essex is general consensus that Jonny's is worth the £75K?

For me it is the perfect example of the Esprit through all it's generations so as ever I guess it is what someone is willing to pay, just wish it was a bit cheaper really but I guess that is always the way.

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I would think it has the potential to be worth £75K but its impossible to value a car from pictures, and video.

It would need to be inspected and history file checked.

I agree the white over red ruched leather early non colour-coded G Turbos are the most desirable. I didnt want any other one! Personally I prefer this livery over Essex. 

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I’m with Andy on this, it’s the early non colour coded cars which look the best for me, it’s the way they were originally designed.

White/Red is my second to the Essex and why I bought my White turbo in the first place.

Jonnys car is fantastic, I saw it at Brooklands.

Certainly push Paul price wise as he’s had it a good while, start low and come up to what you are comfortable with.

B8ADF4A9-87F6-4504-B73D-8C047B65C9B5.jpeg.0f75d9af96f98ae8b1ed34bcf907246d.jpeg

My old turbo, ex factory car.

Dave :) 

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Do or do not, there is no try! 

 

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10 minutes ago, LOTUSMAN33 said:

 

Jonnys car is fantastic, I saw it at Brooklands.

 

If that was the TLF Lotus Day at MBW that would have been mine :)

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Paul if this one doesn’t work out then it may be worth contacting Steve at SJ’s, he is finishing the restoration of 0953 which is a white/red car with tobacco interior as per the FYEO car. (Used to be owned by Lex).

 

Dave :) 

Do or do not, there is no try! 

 

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Thanks Dave, that could be interesting, will give them a bell to discuss.

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  • Gold FFM

Esprit at over £50k is still a very small, niche market even in the context of Lotus being niche in any event. 

If the car has remained unsold for nearly 2 years, albeit not always marketed, I'd be going in very low. If it did sell last year, that is more encouraging, though why is the owner selling now? And they paid most likely similar wonga as it is advertised for now, so I doubt a profit motive for the disposal.

I remember when Johnny bought this car from Matty, as I nearly bought it. From memory, it was £28k, I forget the year, perhaps 2015. 

With all the Harry hype, I'm surprised an excited sheep-like social media type hasn't bought this. Which illustrates that high priced Esprit are not yet a hot commodity. 

When buying any car, always ask yourself - if I need to sell, what will I get? 

Of course, if Emira explodes, Esprit may be the new gold. 

Justin

 

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Just spoke with SJ, someone else got 1st refusal but no real idea of price yet or ETA so I'll carry on with the one at Paul Matty's for now, will update later how I get on.

Paul Matty's told me last week that someone did buy it last year and now is looking to sell so I'll see what I can find out for reason.

 

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Thanks Dave, certainly be nice to have some more info before I make a decision.

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3 hours ago, LOTUSMAN33 said:

I think that may be Lex who has first refusal from when we chatted last, I’ll so what I can find out.

Dave :) 

What would you guess Steve will want for Lex’s car?

3 hours ago, Vipers said:

Thanks Dave, certainly be nice to have some more info before I make a decision.

 

3 hours ago, Vipers said:

Thanks Dave, certainly be nice to have some more info before I ma

4 hours ago, Vipers said:

Just spoke with SJ, someone else got 1st refusal but no real idea of price yet or ETA so I'll carry on with the one at Paul Matty's for now, will update later how I get on.

Paul Matty's told me last week that someone did buy it last year and now is looking to sell so I'll see what I can find

4 hours ago, Vipers said:

Thanks Dave, that could be interesting, will give them a bell to discuss.

Hi Paul, looking at your list of cars do you really want another? I have six and its far too many!

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Congratulations Paul - maybe now we can get our two white Esprit together :thumbsup:

 

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Nice one Paul, really pleased for you and what a beautiful car you have! 
Look after it and your investment will be safe.

Plenty of pics with your collection soon please?

Dave :) 

Do or do not, there is no try! 

 

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Congrats Paul...good decision!

Loving Lionel and Eleanor......missing Charlie and Sonny

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