How much do you guys think this Elise is worth? - LotusTalk

marcinr · 09-16-2008, 09:41 AM

I found a rather unusual 2007 Elise, so I'm not sure what a fair price on it would be. I posted this one before, but I didn't have the full details on it.

Cars.com: 2007 Lotus Elise

This is a loaded 2007:
- 4k miles, driven by dealer, never titled, so warranty would begin once it's bought, meaning I'd get the full 3/36
- Hardtop
- Touring package
- Sports package
- Starshield
- Traction Control
- Leather package (Interior is like that of a 2008, seats are different)
- Lotus Stage II Exhaust (original exhaust is included as well)
- Some slight rebadging

The guy is asking $49,900 for this car. I can get a 2008 for this price without the stage II exhaust, so I think it's too expensive, but man, I love this color. Warranty aside, this is still a used car, but the warranty's got to be worth something.

So, what would be a fair price for this car? Thanks in advance for any advice.

Brennon · 09-16-2008, 09:47 AM

"driven by dealer" sounds like a demo car....if that's the case I'd be afraid of it and take it for no more than 15k off that price. Just my personal opinion.

marcinr · 09-16-2008, 10:11 AM

According to the dealer, it's not a demo car. It was his own personal car, that's why he customized it.

greenbluff · 09-16-2008, 10:32 AM

I would say $40k or less.
Jim

CK_lotus · 09-16-2008, 11:46 AM

Quote:

Originally Posted by greenbluff

I would say $40k or less.
Jim

+1.
With that kind of price I would just put in $3-4K more and upgrade to 07 Exige S!

marcinr · 09-17-2008, 03:56 PM

I offered $40k, which I think is quite a fair price given comparable cars out there, but the guy said no. I guess he wants to keep the car

logan2z · 09-17-2008, 04:54 PM

Quote:

Originally Posted by marcinr

The guy is asking $49,900 for this car.

Looks like $44,900 to me, unless he's dropped the price since you last looked.

NJdrool · 09-17-2008, 05:22 PM

Quote:

Originally Posted by greenbluff

I would say $40k or less.
Jim

+2

marcinr · 09-17-2008, 06:17 PM

Yeah, he dropped it after I called him.

Quote:

Originally Posted by logan2z

Looks like $44,900 to me, unless he's dropped the price since you last looked.

Flash G · 09-17-2008, 08:00 PM

$100,000

Viva la Cartel!

.

Dominick22 · 09-20-2008, 09:57 AM

If it has not been titled, then it is still a new car by DMV definition. Plus the warranty starts at the mileage it is sold at new.

May seem trivial, but it is very important to the price and possibly your pocket book since it adjusts the warranty length.

Dominick

Dominick22 · 09-20-2008, 09:59 AM

Call me crazy, but I just looked at the pics and did not notice a stage II exhaust???

Did I miss something?

Dominick

09-16-2008, 09:41 AM	#1 (permalink)
marcinr Registered User Join Date: Jul 2008 Location: San Francisco Bay Area Posts: 172	How much do you guys think this Elise is worth? I found a rather unusual 2007 Elise, so I'm not sure what a fair price on it would be. I posted this one before, but I didn't have the full details on it. Cars.com: 2007 Lotus Elise This is a loaded 2007: - 4k miles, driven by dealer, never titled, so warranty would begin once it's bought, meaning I'd get the full 3/36 - Hardtop - Touring package - Sports package - Starshield - Traction Control - Leather package (Interior is like that of a 2008, seats are different) - Lotus Stage II Exhaust (original exhaust is included as well) - Some slight rebadging The guy is asking $49,900 for this car. I can get a 2008 for this price without the stage II exhaust, so I think it's too expensive, but man, I love this color. Warranty aside, this is still a used car, but the warranty's got to be worth something. So, what would be a fair price for this car? Thanks in advance for any advice.

09-16-2008, 10:32 AM	#4 (permalink)
greenbluff Registered User Join Date: Mar 2005 Location: los gatos, CA Posts: 308	I would say $40k or less. Jim __________________ '05 AR, HT, TP, Stage II

09-17-2008, 08:00 PM	#10 (permalink)
Flash G Double Trouble Join Date: Sep 2005 Location: Hollywood Hills Posts: 3,178	$100,000 Viva la Cartel! . __________________ Turn your flatscreen TV into a work of art. Modern Art DVD \| Plasma Aquarium DVD \| Widescreen Fireplace DVD 11 Esprit??? (Wish List) 07 Exige S - Ardent Red, Stage II Exhaust, LSD, Touring pack 06 Range Rover Sport - Java Black 05 Elise - Ardent Red, Stage II Exhaust, Touring pack

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09-16-2008, 09:47 AM	#2 (permalink)
Brennon Registered User Join Date: Nov 2006 Posts: 1,319	"driven by dealer" sounds like a demo car....if that's the case I'd be afraid of it and take it for no more than 15k off that price. Just my personal opinion.

09-16-2008, 10:11 AM	#3 (permalink)
marcinr Registered User Join Date: Jul 2008 Location: San Francisco Bay Area Posts: 172	According to the dealer, it's not a demo car. It was his own personal car, that's why he customized it.

09-17-2008, 03:56 PM	#6 (permalink)
marcinr Registered User Join Date: Jul 2008 Location: San Francisco Bay Area Posts: 172	I offered $40k, which I think is quite a fair price given comparable cars out there, but the guy said no. I guess he wants to keep the car

09-20-2008, 09:57 AM	#11 (permalink)
Dominick22 Registered User Join Date: Dec 2007 Posts: 47	If it has not been titled, then it is still a new car by DMV definition. Plus the warranty starts at the mileage it is sold at new. May seem trivial, but it is very important to the price and possibly your pocket book since it adjusts the warranty length. Dominick

09-20-2008, 09:59 AM	#12 (permalink)
Dominick22 Registered User Join Date: Dec 2007 Posts: 47	Call me crazy, but I just looked at the pics and did not notice a stage II exhaust??? Did I miss something? Dominick

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