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andyj007

exige s1 value question

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Just browsing piston heads,

just staggered by the value of s1 exiges..

reading around its because they just provide such a raw driving experience...

surely an s1 or very early lightweight  1st edition s2 with some magic on the engine to get it to 190bhp. a few suspension mods a hardtop perhaps gets you the same raw  driving experience for say 20 -22  k.

i mean you could even get a cheap s1 chuck in a honda conversion for 9k few suspension mods and end up 20-22k

so that just leaves 25k for the looks..  and tbh at 55 plus k total i  think it may just become a garage  queen.. 

am i missing the point?

 

 

 

 

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Yep, that Exige S1 have now moved to collection area so better not drive them too much and not track them as value will go up...

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And to think in 2005 i drove a 5000 mile S1 Exige at £16,500 and thought nah, the VX220 is better (which it was) which i paid the same money for :D

No regrets, 13 years with the VX220 and still love it (and its much faster than an S1), but as an investment. 

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Values are also driven by rarity with the S1 Exige. There are very few original cars that haven't had an engine transplant and still retain the VHPD. 


88 Esprit NA, 89 Esprit Turbo SE, Evora, Evora S, Evora IPS, Evora S IPS, Evora S IPS SR, Evora 400, Elise S1, Elise S1 111s, Evora GT410 Sport

Evora NA

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17 hours ago, andyj007 said:

Just browsing piston heads,

just staggered by the value of s1 exiges..

reading around its because they just provide such a raw driving experience...

surely an s1 or very early lightweight  1st edition s2 with some magic on the engine to get it to 190bhp. a few suspension mods a hardtop perhaps gets you the same raw  driving experience for say 20 -22  k.

i mean you could even get a cheap s1 chuck in a honda conversion for 9k few suspension mods and end up 20-22k

so that just leaves 25k for the looks..  and tbh at 55 plus k total i  think it may just become a garage  queen.. 

am i missing the point?

 

Buy a VX220 NA for a fraction of the price until they also start to really appreciate.

Same raw driving experience with a bloody great, Lotus designed engine in the back too!

Then when you want more powa, bolt on an OEM Supercharge solution.  Job done at around 240 - 250bhp with all that lovely rawness.

Mind you, it does look like it was made out of Lego but what the hell when it goes and stops like it does.

 

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Alcohol. Sex. Tobacco. Drugs. Chocolate.  Meh! NOTHING in this world is as addictive as an Evora +0. It's not for babies!        

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6 hours ago, Hangar 111 said:

Yes!  ;)

Dave

hmmn yes a bit of research and reading ive come to same conclusion....    no chance of getting a go in one to see what its all about at those values tho... :(

 

 

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On 01/05/2018 at 16:05, andyj007 said:

am i missing the point?

Same Ecu as the v8 Esprit - I reckon that alone is underpinning the values


Only here once

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That might explain why the mapping was so shit that it was almost undriveable!

I bought and then sold an S1 Exige for £17k a few years ago. I don't miss it. Lots had engine transplants because it desperately needed one.

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exactly, they may be good, but 50k good......  if they sell for that it is..

it seems like theyve go e from 20-30-35 - 55 in less years...  what a crazy market..

but i guess anything is worth what someone is prepared to pay for it..

 

 

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Maybe the value is not necessarily to do with how they stack up against later machinery in performance terms, more to do with how its portrayed and I don't necessarily disagree with the argument: very rare, easily converted to a race / track car, S1s look amazing, then you've got all the little details eg the plastic rear cover, splitter, then the interior:the pedal construction, if specced with alcantara, harness etc. the noise, the embodiment of the Lotus ethos (wasn't it 780Kg?), finally - it is the progenitor of all the hardcore / exige variants we have today. A lot of reviews of the original Elite say the steering is a bit iffy - look at those values...

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Lotus Ethos, that could be a good name. You can imagine a sub 800kgs open top car with a 3Cyl Turbo of 200hp.

 

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850kg for 220bhp for 37k, not bad for sure. I guess the question is what will it look like when the new Elise comes in in 2020 (deemed to be heavier and more expensive). Something slotting under (for less money) would be great.

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On 02/05/2018 at 09:50, C8RKH said:

Buy a VX220 NA for a fraction of the price until they also start to really appreciate.

Same raw driving experience with a bloody great, Lotus designed engine in the back too!

Then when you want more powa, bolt on an OEM Supercharge solution.  Job done at around 240 - 250bhp with all that lovely rawness.

Mind you, it does look like it was made out of Lego but what the hell when it goes and stops like it does.

Until you stick your foot on the brake pedal and experience the overly assisted no-feel brakes (by comparison) and pray the ABS has been disabled, or doesn't just randomly kick in? ;)

The VX220 is a wonderful car, and certainly deserves to start appreciating, and (for me) looks better than an S2 Elise, but it's not as good as an S1 Elise, never mind the Exige (which I've never experienced)

Back to Exige values... this sort of thing happens throughout the car world, though I guess it is rare. 

Pretty sure you could take an S1 Elise and build an Elige for a fraction of the Exige cost, more so if you just want to emulate the driving experience and not the appearance.  I'm thinking RS Fords, Escort Mexico all mental money whilst regular ones stayed lower in value.

My Maserati is the same.  It's a face-lift Coupe (4200) - 99% of the driving experience of a Maserati Gransport, it's missing 10hp (so they claim), a valved exhaust, side skirts, 1 inch bigger wheels (which many claim ruin the ride), and has an older interior.   The Gransport is 30-50%+ more expensive currently.

 

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38 minutes ago, Corranga said:

Until you stick your foot on the brake pedal and experience the overly assisted no-feel brakes (by comparison) and pray the ABS has been disabled, or doesn't just randomly kick in? ;)

Nobody is daft enough to not have disabled the 2 channel VX ABS for the track. Are they?  I have a little switch under the front hatch that I just flick, but it generally stays off....

As for the Gransport - superb cars those, i particularly liked the "boomerang" tail lights until they changed them because those oh so tasteful 'muricans did not get them or like them, so they changed them back to look like every other coupe/sedan on sale.  Argh.....  I also love the interior of those cars with the Y shaped centre dash - stunning, just stunning and an object lesson in understatement.  You're a lucky guy! :)

I'm also quite envious of your 944 S2, but don't tell anyone as I don't like cars made in Stuttgart!  lol......

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Alcohol. Sex. Tobacco. Drugs. Chocolate.  Meh! NOTHING in this world is as addictive as an Evora +0. It's not for babies!        

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Yep, we had our VX for 5 years and the front passenger ABS sensor was unplugged and wrapped up in electrical tape if the car wasn't in for an MOT :)

The difference in feel really is something though.  The non-servo assisted brakes on the S1 Elise are more of an event, more leg work required, but more feel, and more rewarding.  Having the VX and S1 in the garage for the whole time we had the VX meant I was regularly in and out of both, so perhaps I'm making something out of nothing.   Still, a few years on and I don't regret keeping the Elise!

The Maserati is a lovely thing, and I do feel lucky to have it.  Mine is a later no boomerangs car,  but what you loose in funky lights, you gain in 4.2 litres of Ferrari-build NA V8 (rather than the Maserati 3.2 twin-turbo V8 in the older boomerang cars).

My 944 S4 was a project car.  Good underneath, messy on the top with bits of rust here and there.  I bought it as I wanted something fun to get my wife and little girl in for family run outs.  Turns out a 2+2 Porsche and modern kids seats doesn't work all that well, so the Maserati was bought to replace it, except it took me over a year to sell it on (which I did last summer - update on forum profile required!)

Oddly enough, I see the Maserati as a bit of a stepping stone to an Evora, but such is the pricing and (lack of) depreciation with Lotus, so the envy is mutual ;) 

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the exige 4 channel abs module resolves the issue on VX220. i keep it on, on track.

Edited by JG220

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nice so you got and elise s1 and exige s1.. we need a picture side by side..

 

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As it appears to be on-topic - thought I would highlight that David Brown appears to have his S1 Exige chassis #001 up for sale....here

Guide price is pretty healthy!

 

Edited by mik

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4 hours ago, mik said:

As it appears to be on-topic - thought I would highlight that David Brown appears to have his S1 Exige chassis #001 up for sale....here

Guide price is pretty healthy!

 

Failed to sell at £33k plus commission.

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Market is certainly a bit hard at the moment. Classic are struggling to 

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silverstones just dropped their blue one form 48k to 42k  

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Maybe the (stupid) classic prices are collapsing again?

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