Join Date: Feb 2006
Location: Atlanta, Georgia
My guess is that $20k is probably the upper limit these days. It's unfortunate, as Elans cost about the same to restore as Europas, but easily bring 50 - 100% more. This was one of the reasons I restored an Elan years ago vs. Europa, even though I like them both.
Another factor might be the non-stock mods could put some potential buyers off. Even though they look VERY well done and I would enjoy owning it, the market is larger for mostly stock vehicles.
There was a really nice Europa TC for sale on this forum that had a Zetec conversion a while back. It looked stock for the most part, but did have the very desirable (in my opinion) Zetec conversion. I think it stayed on the market for a long time before it finally sold. Go figure.
'05 Lotus Elise (Arctic Silver) Sport, HT, Stage II, Odyssey PC925, Cup 240r Wheels
'11 BMW 335i (Alpine White) M-Sport, Premium, Heated Seats, HK, Ipod adaptor, 6 MT, Performance Power Kit - Euro Delivery 5/11/2011 - daily driver
'87 Nissan Pickup (Burgandy) King Cab, used for hauling stuff
'17 Audi A4 Ultra (Monsoon Gray) Premium Plus - Wife's car - Delivery 2/17