Lotus Elan

Valuation

PostPost by: b-havers » Mon Dec 18, 2006 12:22 pm

As the garage is pretty full, and wife says it's time to start working on the house, I'm thinking of selling one - or more - of the cars to fund the work needing to be done.
As the +2 was the last car brought to the fleet, it is normal that it will be the first to go. She says...

But;
I have absolutely no ide of the value.
I know what I paid, and I know what costs I have put into the car.
Living in Norway there is not many potensial buyers, so I am thinking of advertising it in the UK, or on eBuy.

Is it possible for anyone to give a kind of clue what I might expect, from my descripton and some pictures?

The car is a 1971 RHD +2S 130/4, blue all over, and with a webasto sun roof. No leak. All service history and MOT receipts comes with the car.
Interior is OK.
Galavized chassis.
New galavanized sills (from Spyder) this summer, as well as new seat-belt anchorages.
New brake master cylinder, repaired clutch master cylinder, and new brake hoses all round.
New Pirelli tires on newly sand-blasted wheels (chrome missing, though)
Everything working, except the extra/fog lights.
Milage, ca 56000 miles (IIRC)
A few cracks around the right rear wheelarch has been fixed, but some damages to the paint is of course visible.
Not a mint car, but absolutely a good runner.

Pictures - and some information on the work done - can be found at http://www.haverstad.net/lotus/elan/

Thankful for any hints on price estimates...
Bjorn-Anders, Norway
'95 Caterham Seven Roadsport
'02 Elise Supercharged
ex Europa S2
ex Elan +2S 130
ex Esprit Turbo
ex Caterham SS

Life is too short to drive boring cars
User avatar
b-havers
Third Gear
Third Gear
 
Posts: 241
Joined: 29 May 2006
Location: Ski, Norway

PostPost by: Elanintheforest » Mon Dec 18, 2006 2:12 pm

If the car was in the UK I would see it sell for something around ?4000 - ?5000 on ebay, if the paint damage isn't too bad, and the interior and engine are in good condition. Any invoices for the chassis change and any engine work from reputable garages could push that up to maybe ?5500 or a wee bit more.

It would retail at a Lotus dealer for ?2000 or ?3000 more that that, or even more, but they would have to fix the paint and give some sort of warrentee.

Any 30 year old car without some sort of restoration provinance is, I'm afraid, going to be pretty much at bottom price when sold privately. Your's may be a superb example, well maintained and totally reliable. But most punters can't tell the difference between a good one and one that's been tarted up for sale and given a ?800 respray.

If it's a good one, hang on to it :P
Mark
User avatar
Elanintheforest
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 2878
Joined: 04 Oct 2005
Location: Forest Of Dean, Gloucestershire

PostPost by: Elanintheforest » Mon Dec 18, 2006 2:28 pm

Bjorn-Anders ...just looked at the photos a bit more closely. Was the car originally Pistachio Green? Should have L13 as the paint code on the Vin Plate. I've always wanted a Pistachio Green Plus 2 :roll:
Mark
User avatar
Elanintheforest
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 2878
Joined: 04 Oct 2005
Location: Forest Of Dean, Gloucestershire

PostPost by: b-havers » Mon Dec 18, 2006 3:24 pm

Elanintheforest wrote:Bjorn-Anders ...just looked at the photos a bit more closely. Was the car originally Pistachio Green? Should have L13 as the paint code on the Vin Plate. I've always wanted a Pistachio Green Plus 2 :roll:
Mark


I've got no idea..
But; I can of course crawl to the garage and have a look ;-)
Bjorn-Anders, Norway
'95 Caterham Seven Roadsport
'02 Elise Supercharged
ex Europa S2
ex Elan +2S 130
ex Esprit Turbo
ex Caterham SS

Life is too short to drive boring cars
User avatar
b-havers
Third Gear
Third Gear
 
Posts: 241
Joined: 29 May 2006
Location: Ski, Norway

PostPost by: thor » Mon Dec 18, 2006 3:34 pm

You should try to at least get back what you paid for it last summer from UK sportscars, which was how much ? ?

Sad to see it go, but you have quite a few nice ones already Bj?rn.
Thor Svaboe
1973 +2S130/5 white/silver

http://thorsvaboe.googlepages.com
thor
Third Gear
Third Gear
 
Posts: 490
Joined: 12 May 2005
Location: Oslo, Norway

PostPost by: thor » Mon Dec 18, 2006 3:44 pm

PS: I enjoyed a nice garage move yesterday, despite -2 celsius, Vrooom WWWWWWWWWZZZZZZZZZZZZZZZZZZZZ... :D (that's the sound of the spinning rear wheels, summer tyres on an icy road).
Quite happy the drive wasn't longer than 10 minutes though. The heater actually worked, though not exactly overly powerful... Now happily wrapped up for the real winter.
Thor Svaboe
1973 +2S130/5 white/silver

http://thorsvaboe.googlepages.com
thor
Third Gear
Third Gear
 
Posts: 490
Joined: 12 May 2005
Location: Oslo, Norway

PostPost by: 1964 S1 » Tue Dec 19, 2006 1:10 am

Cars are a bit like real estate, location location location. It will be interesting to see what your Lotus sells for, north of the borders...
I'm in the States and +2's here can vary by thousands of dollars based on location, not condition. The figures bantered about sound right to me, but try and get the most. Years from now, you'll look back and go WOW, and I sold mine for..... these are rare cars.
I'd try eBay first with a moderate to high reserve....a guy just told me there's a free method to make your listing International(?)
Good luck. Eric
1964 S1
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 1496
Joined: 15 Sep 2003
Location: Hamilton County, Ohio

PostPost by: thor » Tue Dec 19, 2006 10:48 am

So how much did you pay for it Bj?rn ?
Thor Svaboe
1973 +2S130/5 white/silver

http://thorsvaboe.googlepages.com
thor
Third Gear
Third Gear
 
Posts: 490
Joined: 12 May 2005
Location: Oslo, Norway

PostPost by: types26/36 » Tue Dec 19, 2006 11:39 am

thor wrote:So how much did you pay for it Bj?rn ?


Thor,
Maybe asking a question like that is like asking an englishman "How much money do you have in the bank" or "How many reindeer do you have" to a Norwegian. :roll: :lol:
Brian
64 S2 Roadster
72 Sprint FHC
User avatar
types26/36
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 3655
Joined: 11 Sep 2003
Location: U.K.

PostPost by: twincamman » Tue Dec 19, 2006 12:09 pm

yumpin yimmiony I thought you viking types could handle your wives better than that --keep the car lose the wife--- :lol: ed
User avatar
twincamman
Coveted Fifth Gear
Coveted Fifth Gear
 
Posts: 2953
Joined: 02 Oct 2003
Location: Niagara falls [slowly I turned]

PostPost by: thor » Tue Dec 19, 2006 1:39 pm

hahahaha. No I'm just trying to find out if Bj?rn was ripped off by a certain company with a name starting with "UK" and ending with "Sportscars", and the likelyhood of getting that money back from a sale of the car now... I paid good money for my +2S after thorough research, ?6450, and am pleased as punch, and don't mind telling how many reindeer I've got either.....

:D
Thor Svaboe
1973 +2S130/5 white/silver

http://thorsvaboe.googlepages.com
thor
Third Gear
Third Gear
 
Posts: 490
Joined: 12 May 2005
Location: Oslo, Norway

PostPost by: b-havers » Tue Dec 19, 2006 3:01 pm

I paid a good grand less than that, but the tax and VAT when importing the car nearly doubled the cost. And, I have put some money into parts as well.

But; hopefully I find a buyer locally, so I don't have to wave goodbye to the VAT and TAX money.. Doesn't your wife need a car, Thor?
Bjorn-Anders, Norway
'95 Caterham Seven Roadsport
'02 Elise Supercharged
ex Europa S2
ex Elan +2S 130
ex Esprit Turbo
ex Caterham SS

Life is too short to drive boring cars
User avatar
b-havers
Third Gear
Third Gear
 
Posts: 241
Joined: 29 May 2006
Location: Ski, Norway

PostPost by: thor » Tue Dec 19, 2006 4:07 pm

The problem is, selling the car in the winter is not a good idea, not until May, and on a sunny day after a good T-Cut, valet and polish...... After struggling with the sale of previous two classic triumphs, I know this. And I work with sales! You'll lose ?1-2K selling it in Norway now... So persevere until the spring and it'll pay off!
Thor Svaboe
1973 +2S130/5 white/silver

http://thorsvaboe.googlepages.com
thor
Third Gear
Third Gear
 
Posts: 490
Joined: 12 May 2005
Location: Oslo, Norway

PostPost by: thor » Tue Dec 19, 2006 4:09 pm

And from this advice to myself I didn't lose a penny from my GT6 or TR4A sales...
Thor Svaboe
1973 +2S130/5 white/silver

http://thorsvaboe.googlepages.com
thor
Third Gear
Third Gear
 
Posts: 490
Joined: 12 May 2005
Location: Oslo, Norway

PostPost by: b-havers » Tue Dec 19, 2006 5:11 pm

thor wrote:The problem is, selling the car in the winter is not a good idea, not until May, and on a sunny day after a good T-Cut, valet and polish...... After struggling with the sale of previous two classic triumphs, I know this. And I work with sales! You'll lose ?1-2K selling it in Norway now... So persevere until the spring and it'll pay off!


I know - and will.
But; I was just interested in an estimate what I could expect.
You know; budget for hous-carpenting etc...
Bjorn-Anders, Norway
'95 Caterham Seven Roadsport
'02 Elise Supercharged
ex Europa S2
ex Elan +2S 130
ex Esprit Turbo
ex Caterham SS

Life is too short to drive boring cars
User avatar
b-havers
Third Gear
Third Gear
 
Posts: 241
Joined: 29 May 2006
Location: Ski, Norway
Next

Total Online:

Users browsing this forum: No registered users and 12 guests