Agree with Carlos on the current NA pricing.
Edit: Just got Brian`s joke; $20 does sound a bit low Carlos; is that for the gas cap and the car comes free!
It seems a bit odd that the spread between a basket case project and a sorted car is nowhere near the cost to do the work, let alone even get the required parts; not sure if it is the same deal in the UK. Although mine might be appraised at around $20K to $25K for insurance purposes, I expect it would be a long wait to sell it in that range. There is one really nice looking blue one that has been listed forever in the $30`s, so I think that sort of defines the current realistic wishful thinking upper end in NA.
Here is a somewhat complete basket case that recently sold for $5K.
http://cgi.ebay.com/ebaymotors/ws/eBayI ... 1102779550And another at say $3K or so (not sure if it sold or not)
http://bringatrailer.com/2012/02/28/chi ... us-elan-2/And yet, here are two very decent ready to go examples at around $20K to $25K
Sold to an asking of $18.5K. Call it $20K with the seats sorted.
http://bringatrailer.com/2012/07/20/bat ... an-plus-2/And a very nice one sold to $26K asking earlier this year. The seller is a lister here and working up an Elan project. I felt the asking was very reasonable, the car very well presented. Was listed for a couple of months.
http://bringatrailer.com/2012/02/15/bat ... -elan-2-s/