Price of the Evora

[kid phunk]

Really interesting to loads of Americans on here and the prices you pay...can't believe a Cayman S is only $59k, over here that equates to around £33k, price here for an S is around £42k I think! Based on the Evora being £45k starting over here, I think its very unlikely that you guys are gonna be paying anymore than $80 for it

[pauli33]

Originally Posted by kid phunk

Really interesting to loads of Americans on here and the prices you pay...can't believe a Cayman S is only $59k, over here that equates to around £33k, price here for an S is around £42k I think! Based on the Evora being £45k starting over here, I think its very unlikely that you guys are gonna be paying anymore than $80 for it

That would be because the value of the US dollar is in the toilet

[mkiv808]

Originally Posted by FLuXeXigeS

+1 even @ $100K its asking a bit much

z06 vette $80K 500HP LOL

More like $60k with all the discounts available right now.

[exarkun1178]

Originally Posted by ...m...

...at $100k you're talking Lamborghini money; lots of proper GT competition in that price range...

no way, i havent see a showroom gallardo for under 200. heck they start at 180... and now with the new 560...

and note if you want a new car you not looking at used cars...

a few cars are at the 100$ but how many with a back seat..

cont gt, mas gt, m6..

if you need the back seat you will pass on AM v8, R8, amgsl500,

[kid phunk]

Elise owners over there must get some comments and stares from passers by? I imagine they're pretty damn rare over there (as they are here in the UK I guess). I remember when I took the old S1 over to France, it was like landing in an alien spacecraft or something

[FLuXeXigeS]

Originally Posted by mkiv808

More like $60k with all the discounts available right now.

LOL if thats the case even the Exige S240 is right smack in the middle of that price point...makes you want to think hmmmm

[jlj3394]

Originally Posted by TorsinADoc

Exige S is a much better value. Im afraid with that pricing they will be really limiting their sales.

Much better value for those wanting the features in an Exige S.

For those wanting a leather wrapped interior and luxuries, the Evora is a better value because the Exige S has very little value to them.

[TorsinADoc]

Originally Posted by jlj3394

Much better value for those wanting the features in an Exige S.

For those wanting a leather wrapped interior and luxuries, the Evora is a better value because the Exige S has very little value to them.

Fair enough. I guess it would be a better daily driver than an elise or exige.

[bueno]

Originally Posted by ...m...

...at $100k you're talking lamborghini money; lots of proper GT competition in that price range...

I'm confused here. Can someone direct me to where it states that Evora will be priced at 100K U.S. dollars? And not in form of foreign currency.

[climb4fun]

Originally Posted by Stephen

Agreed. The Cayman S increase is 15 or 20 hp I believe since it is 295 and will go to 310 or 315. I will look it up to verify.

And you are definetely right about $80-85K. The new C2S is getting 30 more hp and will be at 385 hp and the torque will be more than the current GT3 (300 lb ft) with either 305 or 310 lb ft! And the base weight of the C2S is about 3130 lbs, only 160 more than the Evora but with 105 more hp and a Porsche flat six vs. a Camry V6.

Don't get me wrong about the Toyota motor, I like it and I'm fine with it, but for $85K it does become a factor and for some a deal breaker.

I don't think Lotus main goal is to achieve higher and higher HP, like most other companies do now. They have always used a different approach to attract customers like me.

Imo, their weapons are: Better styling, better handling, lighter weight, usually less expensive, and exclusivity/low production.

Keep in mind that Porsche is a much larger company; they do SUV and have 911 icon for many many years.

Lotus most successful car was introduce only in 1995, and that was after a long time silence. They have 12,000 sold in over 10 years, right? That isn't much compare to German porsche.

I am just glad to see Lotus alive to produce a true sportcar like Elise for less than 50 grand.

[...m...]

Originally Posted by bueno

I'm confused here. Can someone direct me to where it states that Evora will be priced at 100K U.S. dollars? And not in form of foreign currency.

...initial reactions were based on simply converting euros to US dollars, but i'm sure it'll actually be priced to suit the US market - baseline gallardos with a handful of miles on the odometer do start around $100k, though...

[exarkun1178]

i dont think a well used 04 gallardo thats been beat up is under consideration by some one who is looking to buy a brand new 2+2 gt car

[FLuXeXigeS]

2007 997 C4S 355HP 2+2 11K miles = $84K
then keep the Elise/Exige as the fun car

...im just saying

[Conrad]

hmm, I dont know how far forward car manufacturers hedge their forex, but if the USD remains so weak against the euro (say another 8/12 months), then apart from bimmers and porkers built in the US, then sales to the US are going to plummet (a 911 c2 new model is about 150'000$ in Switzerland and tax is only about 6%) and even thought porker margins are the highest in their segment, don't believe they can halve the sales price, and not have a flock of europeans re-importing from the US ....
And concerning the Evora, dont see it being sold anywere for less than 90'000/100'000$, and in fact probably more..(a new exige s is 100'000$ in switzerland), which is going to mean selling less lotuses and more corvettes.
And I am prepared to make a small bet that the Evora will NOT be sold for less than 100k UNLESS usd/eur goes back to 1.25 or better.

[Bob Dz.]

So if they are going to sell 2,000 WW, how many are allocated to the US? If it's under 500 than a higher price will occur (supply and demand), assuming there is a demand...

Does it make sense for Lotus to sell this car in limited quantities in the US? I would assume to meet Fed regs (and the testing required) cost big bucks, unless the car already meets all the fed regs? Again, if it doesn't then there will be modifications to the structure that aren't as easy as "bumperettes".

Imagine what it is going to cost to replace this front clam?!?! Insurance companies are going to drop Lotus from coverage, or have a minimum deductible of $10,000.

I'll say it again, not that I want it to happen necessarily, M100. GREAT car, too much money and I don't think the demand was there at that price point. There was plenty of demand for the Miata and those sold over sticker.

How many people bought their Elise using a Home Equity loans? The equity is no longer there for the middle class Evora buyers. Will Lotus provide financing? How about 0% for 72 months!!!!

[FIRME]

Originally Posted by Bob Dz.

So if they are going to sell 2,000 WW, how many are allocated to the US? If it's under 500 than a higher price will occur (supply and demand), assuming there is a demand...

Does it make sense for Lotus to sell this car in limited quantities in the US? I would assume to meet Fed regs (and the testing required) cost big bucks, unless the car already meets all the fed regs? Again, if it doesn't then there will be modifications to the structure that aren't as easy as "bumperettes".

Imagine what it is going to cost to replace this front clam?!?! Insurance companies are going to drop Lotus from coverage, or have a minimum deductible of $10,000.

I'll say it again, not that I want it to happen necessarily, M100. GREAT car, too much money and I don't think the demand was there at that price point. There was plenty of demand for the Miata and those sold over sticker.

How many people bought their Elise using a Home Equity loans? The equity is no longer there for the middle class Evora buyers. Will Lotus provide financing? How about 0% for 72 months!!!!

From what I'm hearing, between 700-800 cars will be allocated to the U.S. and seeing that these cars won't actually arrive until early 2010, this gives the U.S. government plenty of time to fix the economy

[Vulcan Grey]

Originally Posted by Stephen

The only problem with your above numbers is that Porsche is going with Direct Injection on all of their cars in 2009. The base C2 will be 345 hp and the Cayman S will be 310 I believe if not 315. They will have a price increase as they do every year (same with Lotus), but it will be probably about $1K for the Carrera and Cayman S. With only 100 lbs more weight, the C2 with 345 hp and its reputation will be hard to beat.

However, they may be doing it because a hotter version will soon follow, and if they raise the hp by just 20, the impact will be significant just because that first digit is a 3

If Lotus does it, I can see 100 lbs or more stripped from the car with an additonal 40 NA hp (maybe), or more if they do FI.

The Evora uses the Toyota

2GR-FE
The 2GR-FE is a 3.5 L (3456 cc) version. Bore remains at 94 mm but stroke is reduced to 83 mm. Reported output varies depending on the vehicle application, but is approximately 268 hp (200 kW) at 6200 rpm with 248 lb·ft (336 N·m) of torque at 4700 rpm on 87 octane (R+M/2). This version features Toyota's "dual-VVT-i", variable valve timing on both the intake and exhaust cams. Valves are driven by roller-follower rocker arms with low friction roller bearings, and a unique, concave cam lobe design to increase valve lift over the traditional shimless lifter type system of the 1GR-FE. This increases overall cylinder head height to accommodate the slightly taller roller rocker system. Moreover, the cylinder head is segmented into 3 parts: valve cover, camshaft sub-assembly housing, and cylinder head sub-assembly. As such, this valvetrain is used across all other GR engines with dual VVT-i.

and not the IS350 engine

2GR-FSE
The 2GR-FSE engine used in the Lexus IS 350 incorporates Toyota's D4-S twin injection system. This system combines gasoline direct injection with traditional port injection. Using direct injection and port injection simultaneously facilitates more precise mixing of air and fuel under low and medium load conditions for greater efficiency, while high load conditions dictate the use of direct injection alone for maximum power. The 2GR-FSE engine is rated at 315 PS (311 hp/232 kW) at 6,400 RPM and 38.4 kg·m (377 N·m/278 ft·lbf) at 4,800 RPM.
The 2GR-FSE was on the Ward's 10 Best Engines list for 2006, 2007 and 2008.

From here.
Toyota GR engine - Wikipedia, the free encyclopedia

But that seems like the natural upgrade path for a hotter version of the Evora...

[Icedog_16]

Originally Posted by Conrad

hmm, I dont know how far forward car manufacturers hedge their forex, but if the USD remains so weak against the euro (say another 8/12 months), then apart from bimmers and porkers built in the US, then sales to the US are going to plummet (a 911 c2 new model is about 150'000$ in Switzerland and tax is only about 6%) and even thought porker margins are the highest in their segment, don't believe they can halve the sales price, and not have a flock of europeans re-importing from the US ....
And concerning the Evora, dont see it being sold anywere for less than 90'000/100'000$, and in fact probably more..(a new exige s is 100'000$ in switzerland), which is going to mean selling less lotuses and more corvettes.
And I am prepared to make a small bet that the Evora will NOT be sold for less than 100k UNLESS usd/eur goes back to 1.25 or better.

Obviously, the hedging of Lotus pales in comparison to other manufacturers (BMW, Audi, etc). We witnessed that back in 2005 when the GBP shot up against the USD and prices followed suit. However, GBP vs USD hasn't had the same inflationary pressures lately. OTOH, EUR vs GBP has increased. Whether there are any tariffs imposed (hidden tax) on your imported vehicles is beyond me. Plus, you also have to factor in volume. For instance, I'm pretty sure a good number more Elises/Exiges have been sold in the US than have been sold in Switzerland, perhaps even throughout Europe as a whole. As a result of the EUR vs USD, a number of European auto manufacturers are looking to open plants here (VW, for instance). So, ultimately, I don't really think that USD/EUR ratio really factors into the equation. My .02 USD/.127547 EUR.

[Conrad]

Originally Posted by Icedog_16

Obviously, the hedging of Lotus pales in comparison to other manufacturers (BMW, Audi, etc). We witnessed that back in 2005 when the GBP shot up against the USD and prices followed suit. However, GBP vs USD hasn't had the same inflationary pressures lately. OTOH, EUR vs GBP has increased. Whether there are any tariffs imposed (hidden tax) on your imported vehicles is beyond me. Plus, you also have to factor in volume. For instance, I'm pretty sure a good number more Elises/Exiges have been sold in the US than have been sold in Switzerland, perhaps even throughout Europe as a whole. As a result of the EUR vs USD, a number of European auto manufacturers are looking to open plants here (VW, for instance). So, ultimately, I don't really think that USD/EUR ratio really factors into the equation. My .02 USD/.127547 EUR.

Nope no hidden tariffs here (nor state taxes...) as for sale numbers, honestly dont know, but Switzerland (pop about 8 million ) has 6 dealerships, and in California (pop about 38 million) their are 11, and whole of US has 43 for a population of over 300 million, the ration is in favor of switzerland , initially Lotuses goal was to sell 10% of its production to the US

If you look at second hand offerings, as per autotrader only 36 Exige and 96 Elise cars in all of the US versus, 80 exige/192 Elise in continental europe, 22 exige/42 Elise in Switzerland (no Switzerland is not part of europe) and 71 exige/259 elise in the UK , which roughly speaking would put proportion at 80/20, so in line with Lotus sales projections not an exact science by any means. But would tend to indicate that while the US is an important market for Lotus it is not really that big, and therefore volume pricing cannot apply in the same way as Porsche/BMW.

As a matter of interest what is the price of a new Ferrari 430 your side of the pond ? because the US is a VERY important market for them, and it would be interesting to see their pricing , in Switzerland they retail for about 250'000 $ for the coupe.

And I do think the EUR/USD/YEN will enter the equation since the chassis is paid for in euro, the motor in Yen.

[...m...]

Originally Posted by Conrad

As a matter of interest what is the price of a new Ferrari 430 your side of the pond ? because the US is a VERY important market for them, and it would be interesting to see their pricing , in Switzerland they retail for about 250'000 $ for the coupe.

2008 F430 Coupe - MSRP $186,925 (75%)