Lotus Elan

UK TV

PostPost by: Quart Meg Miles » Sun Jan 05, 2025 11:53 pm

Postscript: As posted on another thread, I have paid less than an extra 12% for a £25,000 value, or price, of a replacement car.
Meg

26/4088 1965 S1½ Old and scruffy but in perfect working order; the car too.
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PostPost by: jonnyg » Mon Jan 06, 2025 6:05 pm

I saw the B & C programme too and found it interesting. It prompted a couple of thoughts. I presume that only a TV company with a big budget / more money than sense would have paid £28k for the Elan in the first place, given its very poor condition, but hey, that's entertainment! And then seeing the fantastic finished result (to be expected for a total spend of over £50k on parts and labour) and given the car's provenance and the fact it was bought by the original owner's son (a lovely ending) it struck me that the beautifully restored Elan was a bargain for a hammer price just under £40k.

Given the comments on other recent threads here about cars currently for sale by auction or otherwise, and whether they represent an opportunity or should be avoided at all costs, it does make you wonder where the balance between condition, prices and values stand at the moment. I guess it all depends on what you want and how much you're prepared to spend. But if the beautifully restored S1 represents near perfection at £40k, what are we to make of the asking prices for many of the other Elans currently for sale, some of which are clearly nowhere near as good as this one? Truly, caveat emptor, I suppose.

Happy New Year
Jonathan Greenwood
Wimborne, Dorset
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PostPost by: elansprint71 » Mon Jan 13, 2025 10:53 am

I've only just seen the programme; very interesting but, of necessity, they skipped thro' it fairly quickly.

Of particular interest to me was the fellow who originally built the car (I think his name was Edward Labinjoh, or something close) he was described as a trained Doctor who decided he preferred building cars and it was great to see him reunited with the finished vehicle. When I bought the 1969 S4SE FHC (which, to my shame, has been languishing with me for about 13 years) I was told by the vendor that his Father was the second owner and he had bought it from a Doctor who lived outside Edinburgh and who liked building Elans. Now that sounds quite a coincidence!

Is anyone here aware of this Edward Labinjoh by any chance? I'd like to get in touch with him.
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