I am curious as to why this Lotus is so cheap - LotusTalk - The Lotus Cars Community

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post #1 of 9 (permalink) Old 01-31-2013, 07:47 AM Thread Starter
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I am curious as to why this Lotus is so cheap


It seems like a new front clam and your good to roll. Why would one salavage the car and put it up for auction? Also, there are Jag XK's with flood damage that are in perfect condition selling for $175. What is so hard about a flood damage car to get running again?
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post #2 of 9 (permalink) Old 01-31-2013, 08:06 AM
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As for the flood damaged cars, I guess it depends on the level of water damage. A fair amount of dirty, salt water *in* an engine block is a *bad* thing, no?

Who knows, maybe they got a little sprinkle or maybe they were all but fully submerged.

Regarding the Lotus, isn't the general rule that *any* frame damage is essentially a deal breaker? Maybe the seller knows, or thinks that because there's clam damage that there's also frame damage of some kind.

All just guesses on my part though...
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post #3 of 9 (permalink) Old 01-31-2013, 09:10 AM
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some of those cars look tempting to look into. Would be cool to get a flood damaged Lambo on the and just for kicks work on it few hours a week until its running. if anything might be worth parting out.

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post #4 of 9 (permalink) Old 01-31-2013, 09:36 AM
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post #5 of 9 (permalink) Old 01-31-2013, 10:29 AM
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Until you find the electricals are all corroded or the wiring harness fused together when the electricals shorted out. Getting a better picture now. Salt water is a vile thing to a car.

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post #6 of 9 (permalink) Old 01-31-2013, 11:02 AM
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On the Bronze Elise, a front corner hit often means that the wheel was pushed back, which tears the suspension mounting on the chassis. Which is probably why it was totaled.

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post #7 of 9 (permalink) Old 01-31-2013, 01:38 PM
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Originally Posted by bmw330ciandr6 View Post

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post #8 of 9 (permalink) Old 01-31-2013, 02:46 PM
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I guess if you lived in Texas and inspected it for frame damage or had someone else inspect it, and you could insure it had no frame damage then it may be good to go. But Whats a front clam cost? Then with maybe some other front end components (if the frame was intact), your looking at over 10k even if you did the work yourself? Lets face it you would probably have to have something painted.. So the auction is currently at 9k, Lets ay it goes for 12k, now your up to 12k + 10k = 22k for a salvage title car. Just hope you can clear your salvage title.. Looks like a nice clean car but unless you get it for less than 10k and do the work yourself, its not a GREAT deal, and you will always have a salvage title! I didn't go through copart, but also it seems like some salavage auctions have holds or don't sell, and they seem to use these "flashy" cars to attract bidders. I only bid once on a Tesla Roadster, after much research so did dozens of other people who were upset since they didn't get the car even though they were the highest bidder.
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post #9 of 9 (permalink) Old 02-04-2013, 02:02 PM
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A fun way to drive yourself insane is to buy a non running flood car and attempt to get it running again.

Its surprising how much ECM's BCM's , instrument clusters and all the other electronic components cost from the dealer.

Then there is corrosion on the wiring loom terminals that will manefest itself when you think you have everything fixed.
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