Lotus Cortina, what are they worth?
*I merged this from an original "want to buy" thread in the "Lotus Cars Wanted" forum. I thought I'd start my own thread. Rorays thread remains in Lotus Cars Wanted.
I hate to drag this thread up, but what is a Ford Lotus Cortina worth in street/race condition?
Someone I know is selling one, a 1967. For the most part it looks like it's been sitting in a warehouse for 40 years. Rust, loads of corrosion on the dirty motor. Interior is moldy and a mess . Dash steeering wheel etc, are there, but in very rough condition. Wheels are original but sitting on flat tires for who knows how long. Exterior has rusted scraps and rusty "cracks" on it. Dont know how far these cracks extend into the bodywork under the paint. All Lotus Emblems are still there, but look rough. It's pretty darn rough to say the least. They dont even know if it runs.
They're wanting $15,000 for just the above. However I looked on racecars for sale.net etc and found restored Cortinas for $18,000 in racing and street condition.
Am I missing something?
Last edited by OneFastLotus; 04-19-2008 at 08:05 PM.