N A D A VALUES FOR LOTUS CARS.

[OneFastLotus]

There seems to be a great deal of confusion about Lotus Vehicles USED car pricing.

So, as a tool for buyers and sellers I have pulled up N A D A Lotus pricing on USED,2005, BASE MODEL ELISE with under 25,000 miles

PRICING


Original MSRP: $42,990
Low used Retail (vehicles in poor condition) $29,800
Average used Retail (vehicles in good to excellent condition) $39,800
High used Retail (vehicles in excellent like new condition) $45,525


Again, the above numbers are for base model cars ONLY. Different packages and paint run the price up quickly and you'll need to adjust accordingly. As you can see the base model lotus according to insurance underwriters and NADA has APPRECIATED in value partially due to Lotus increase in base model costs.


NADA failed to offer options for the Exige or Elise for 2006, 2007, 2008.

Buyers AND Sellers, if you are interested in actual vehicle "fair market" worth you can call an insurance underwriter for more information.

I personally am not stating worth of ANY vehicle. Simply offering information and options ( such as calling insurance underwriters) if you are a BUYER or SELLER wishing to get current market values.

[OneFastLotus]

Also, for information on buying salvaged vehicles, or just general problem items to "look for" when purchasing, please see this thread,

Tips for Buying a Used Elise or Exige including information on SALVAGE titles