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1997 Esprit V8 rebuild - remortgage needed


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  • Gold FFM

Hello all.  I thought now things are hopefully moving forward I can timeline the rebuild of my esprit v8.  

Short story is that I purchased this in May 2018 and 3 weeks later the engine let go.  A combination of lack of use and a poor engine rebuild 1500 miles previously meant that I had catastrophic failure with 2 of the rods welding themselves to the crank.  Absolutely gutted does not begin to tell you how I felt.  I have had to sell various other cars and shares etc to get the rebuild on its way but I'm hopefully it will all be worth it.

the car is currently at Alex's workshop and I have been debating for months how to proceed.  He has given me an assessment of the car and it basically requires a full engine rebuild and also a full suspension refresh, bushes and shocks etc.  It looks like it's going to be a 30k rebuild cost by the time it is finished so I'm hopefully doing everything I can to future proof the car.

at the time of failure there were no new cranks available and mine was so Badly damaged it was uneconomical to repair so I have been dealing with JAE in the US who are providing the following

billet crankshaft

JE forged pistons

carillo rods with arp bolts

ARP head stud set

headgaskets etc etc

belts etc

i have also ordered a set of ductile liners from Westwood in the UK and I should see them at the beginning of January.

it was a really difficult decision to invest so heavily in the engine.  I had a choice of changing 2 rods and liners and pistons and get a second hand crank but I would never fully trust the car running this spec after what has happened.  To be fair, the cost to go billet and forged over new OE standard parts is around £2500 so in the grand scheme of things I decided to bite the bullet.

 

now, I'm not really after anymore power than standard but I am searching for reliability AND peace of mind.  I currently have the turbos and will be sending them for a refresh but have avoided getting bigger turbos, even though the engine could cope with it.  We decided to increase the compression to 8.5:1 rather than 8:1 to give it a slightly more N/A power delivery and if I wanted to run big boost I would have needed to come the other way.  I do not want a lag monster so am hoping to refine the car rather than modify it too much.  The car was actually used by lotus as a test mule for the 1998 refresh and benefits from the new dash, brembo's, and a few sport 350 carbon goodies.  It is the only esprit to be painted in the 'new blue' paint too😎

Im sure you all know how difficult a rebuild is are there are parts that need changing at the same time, and other parts that have probably outlived their usefulness.  With that in mind I'm also hoping to plug away at changing and updating other parts of the car and engine.  My first big purchase arrived today and that was a full set of custom `Esprit V8 silicone hoses from roose motorsport.  I decided to go for black rather than a colour to keep the engine bay looking as standard as possible.  Can't believe how many hoses there are.

 

i am hopeful that I will get the car back in march / April time to enjoy the summer in her, with a view to then coming off road again next winter to do the full suspension refresh.

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Little parcel from JAE today.  They have been really good to deal with and hopefully next week I can pick up the liners from Westwood and the engine build can commence.   have just dropped t

Turbos refurbished and ready to go.  Actuators were kept as they were as they were working fine.  

Gearbox bolted up, clutch arm clipped on and in she goes ........   I don’t know why it keeps flipping the images into the side   

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Yep - I agree with @Chillidoggy £30K seems a little steep and I am speaking from experience of having had done all that you are having done and more by specialists (granted my engine rebuild was to standard spec) - message me if you want to talk further.

 

Lovely colour by the way.

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Yup, at £8.5k. For £30k I'd be hoping for a whole other Esprit thrown in, that does seem very steep. 

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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

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1 hour ago, Mightymetro said:

a poor engine rebuild 1500 miles previously meant that I had catastrophic failure with 2 of the rods welding themselves to the crank

What was it? The dreaded blue hylomar blocking the oil ways?

 

buddsy

 

"Belief is the enemy of knowing" - Crrow777

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  • Gold FFM

30k is a lot, but she needs a lot.  Hoping the engine comes in around £15k  all in with parts and labour.  I don't think this is bad value to be fair.  The ones at southwest are 8.5k if an exchange is provided but I fear mine would not qualify for a full exhachnge due to the nature of the damage.  Even if I had the full exchange price, it's still £8500 plus v.a.t. So £10,200 and that excludes any labour assosiated with removal and refitting etc.  If I didn't get the exchange price it would be £15k.  Hence my thinking.

so, on top of that, I'm looking at full suspension removal, all blasted and powder / zinc coated.  If at rough prices the lotac suspension and bushes are £3k plus just in parts.  Then I need an oil cooler, @ £500, new clutch (1.5k), petrol tanks (1k) , paintwork @ 1-2k etc etc.  All adds up.  The silicone hoses were £500 !!!

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  • Gold FFM
14 minutes ago, Steve V8 said:

More likely the dreaded red beetle disease...I see one sneaking up behind in the last photo😱

The Porsche is such a good car, has caused no bother in 40k miles , my wife loves it as she can only drive automatics and it has the fantastic pdk box.  Get in it, off to the Nurburgring and back home with zero worries.

 

bores me to tears, hence why I bought the Lotus.  She is sitting all smug but the Lotus time will come.  In the meantime I'm driving my metro around 🙈

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19 minutes ago, Mightymetro said:

Nearly, black silicone that had gone hard and broke away and blocked the oilways to that journal 

Gone hard and broke away? Dont know where silicone would be used inside an engine?

There are so many engine failures due to blue hylomar (and other equivalents). So little is needed but people often run a bead on the surfaces. Any which spills on the outside will be doing the same on the inside...sorry pet hate of mine!

 

buddsy

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"Belief is the enemy of knowing" - Crrow777

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In for a penny in for a pound, as they say...I'd say that was a reasonable price given the inclusive desirable upgrades. But if you see 16 pistons and 2 cranks on your invoice and suddenly you see Alex racing around in a certain silver V8. Parental Guidance Advised....

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I couldn't have afforded that kind of outlay and I would have sold the car as it stood to cut my losses, so I commend your commitment and determination in keeping an Esprit on the road.

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Margate Exotics.

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Wow.  That's some serious level of expenditure.  If you're not wanting more power, then I don't fully understand the upgraded internals.  But, in the end it is your money and the result will be a very nice and fully refreshed Esprit.   

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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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  • 4 weeks later...

I love the colour of your car, the Silicon hose kit was made from my 2001 V8, I kept them black also, it will be worth the wait. When you turn that key and both banks fire up 👍 Always puts a smile on my face....

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On ‎06‎/‎12‎/‎2018 at 20:46, Mightymetro said:

The Porsche is such a good car,  Get in it, off to the Nurburgring and back home with zero worries.

Don't forget the worry of shame, that would 'bug' me :lol:

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On 06/12/2018 at 20:41, Mightymetro said:

30k is a lot, but she needs a lot.

To be fair, with the amount of work being done it does sound more reasonable than it did when it appeared you were just having a rebuild done. You'll have a diamond once it's finished :) 

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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

For forum issues, please contact the Moderators. I will aim to respond to emails/PM's Mon-Fri 9-6 GMT. 

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  • Gold FFM

Cheers all.  I’m hoping I can shave a little off the total but I am trying to be belt and braces on this.  I’ll be in touch once it’s back in the road bibs about purchasing a full Lotac bush kit and the Lotac suspension pack.

 

turbos are now at AET .  Have been stripped and blasted and turned out one of them had a cracked middle section so new one on order.  Fitting turbosmart actuators too.  Looking around £1250 for the two rebuilding with the new actuators.  Will post pictures once they are back 

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  • 2 weeks later...
  • 2 months later...
  • Gold FFM

Well, I haven’t seen the car for a while but that doesn’t mean I’ve stopped thinking about it.  I always think the orange lenses on a later post 93 esprit look really dated and have bit the bullet and purchased another set of lights to modify so I can keep my originals in the loft.  Rear, front and also side repeaters will be changed to clear but everything will be reversible for originality.

 

the push I needed to get the clear rears was seeing Scott Tidmans S4S in classic and sportscar magazine and I felt it really freshened the car up.

 

was very very nervous removing the orange lens.  Hairdryer, screwdrivers, plastic trim tools etc.  I was well,aware how brittle they will be with age.  The mastic is really strong holding it on and took me just over an -hour to get the first one off.  Really bum clench stuff when trying to separate the red and amber lens as to avoid the red one cracking.  Unfortunately the orange lens does shatter as you are removing it.

 

should have the clear lenses end of the week.  

38D5CEEA-1DBF-40DC-BBA7-D39FFBA44F33.jpeg

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