Guys, I need help pricing a used 2007 Exige. - LotusTalk - The Lotus Cars Community
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post #1 of 30 (permalink) Old 06-10-2011, 09:02 AM Thread Starter
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Guys, I need help pricing a used 2007 Exige.

Looking to buy a 2007 Exige S. Phantom Black. Used, one-owner, 4k miles, all options, bone stock, pristine condition. Dealer is asking just north of $47k for it. Obviously, I feel that this is a little high. Personally, I'd offer about $37k to $38k for it. What do you guys think?

Only possible caveat would be the tires; they may need to be replaced soon.

It'd be nice to get a general sense from everyone of what I should be offering.

Thanks in advance, collective wisdom!

Thinking of K-swapping? Here's an idea of the cost involved.

2006 LOTUS EXIGE (ASPEN WHITE) Honda K24A2 + MPx90 supercharger. 322whp/271lb-ft @13psi. Build thread here.
1994 AUTOZAM AZ-1 MAZDASPEED Japanese Super Kei!
2014 FIAT 500e Hydroelectric powered EV daily driver.
2007 SUZUKI SV650 Track bike.

Last edited by Butters; 06-10-2011 at 02:23 PM. Reason: Added details of car.
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post #2 of 30 (permalink) Old 06-10-2011, 09:32 AM
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Can you tell us what color, options, mileage? But it seems around 40 is right.

2007 Exige-All Black and Mean, Factory TouringPak/TrackPak/StarShield/LSD/TractionControl/iPodDock. All stock but not for long.
v = square root ((2 * e) / m)
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post #3 of 30 (permalink) Old 06-10-2011, 09:46 AM
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It seems average mileage & average dirty demands about $40k for an '07 S. Since it's from a dealership, expect them to want a couple grand more to pay for their time and storage/overhead.

'07 Exige S270 :: Aspen White ::

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post #4 of 30 (permalink) Old 06-10-2011, 09:52 AM Thread Starter
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Fully loaded from factory (need to double check on this, but I am pretty sure it is). Bone stock. About 4k miles. Pristine condition as far as I can tell. Phantom Black.

Only possible caveat would be the tires; they may need to be replaced soon.

Thinking of K-swapping? Here's an idea of the cost involved.

2006 LOTUS EXIGE (ASPEN WHITE) Honda K24A2 + MPx90 supercharger. 322whp/271lb-ft @13psi. Build thread here.
1994 AUTOZAM AZ-1 MAZDASPEED Japanese Super Kei!
2014 FIAT 500e Hydroelectric powered EV daily driver.
2007 SUZUKI SV650 Track bike.

Last edited by Butters; 06-10-2011 at 02:21 PM.
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post #5 of 30 (permalink) Old 06-10-2011, 10:04 AM
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That makes it sound like low 40's is a totally reasonable price region.

'07 Exige S270 :: Aspen White ::

"This is like O. Henry and Alanis Morissette had a baby and named it "this exact situation"."
Sterling Mallory Archer
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post #6 of 30 (permalink) Old 06-10-2011, 11:41 AM
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Exiges have been holding thier value for a while now. Low 40's seems correct.
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post #7 of 30 (permalink) Old 06-10-2011, 01:35 PM Thread Starter
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Sounds reasonable. Initially, and since it doesn't have any remaining factory warranty and will most likely need new rear tires soon, I was looking to offer just slightly less than $40k. Hrmm...

Thinking of K-swapping? Here's an idea of the cost involved.

2006 LOTUS EXIGE (ASPEN WHITE) Honda K24A2 + MPx90 supercharger. 322whp/271lb-ft @13psi. Build thread here.
1994 AUTOZAM AZ-1 MAZDASPEED Japanese Super Kei!
2014 FIAT 500e Hydroelectric powered EV daily driver.
2007 SUZUKI SV650 Track bike.
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post #8 of 30 (permalink) Old 06-10-2011, 02:15 PM
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Quote:
Originally Posted by Zinhead View Post
Exiges have been holding thier value for a while now. Low 40's seems correct.
Agreed. I'd offer $38,000-40,000 and negotiate from there. I know of two new 2007 Exiges (one less than 20 miles and one less than 300 miles) that have sold for under $45,000 from show room floors within the last few months.

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post #9 of 30 (permalink) Old 06-10-2011, 02:25 PM
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dealer is not going to go from 47 to 37, probably wont even go to 42/43

you can try however,
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post #10 of 30 (permalink) Old 06-10-2011, 02:31 PM Thread Starter
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Quote:
Originally Posted by rijowysock View Post
dealer is not going to go from 47 to 37, probably wont even go to 42/43

you can try however,
I'm banking on the fact that other, lower mileage, still warrantied examples were sold for less than $40k here in the Seattle market a year ago.

Who knows --- probably wasn't a common occurrence but it'll give me something to shoot for...

Thinking of K-swapping? Here's an idea of the cost involved.

2006 LOTUS EXIGE (ASPEN WHITE) Honda K24A2 + MPx90 supercharger. 322whp/271lb-ft @13psi. Build thread here.
1994 AUTOZAM AZ-1 MAZDASPEED Japanese Super Kei!
2014 FIAT 500e Hydroelectric powered EV daily driver.
2007 SUZUKI SV650 Track bike.
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post #11 of 30 (permalink) Old 06-10-2011, 05:51 PM
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Quote:
Originally Posted by Butters View Post
I'm banking on the fact that other, lower mileage, still warrantied examples were sold for less than $40k here in the Seattle market a year ago.

Who knows --- probably wasn't a common occurrence but it'll give me something to shoot for...
at that time was a different market however, i paid less than 40 for mine 6 months ago. BUT if i were to post it up today i would ask no less than 40, with 10k miles example
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post #12 of 30 (permalink) Old 06-10-2011, 06:01 PM Thread Starter
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Hmmm... I guess I was under the impression that the economy was still in the shi t t er. But maybe I'm pessimistic.


Thinking of K-swapping? Here's an idea of the cost involved.

2006 LOTUS EXIGE (ASPEN WHITE) Honda K24A2 + MPx90 supercharger. 322whp/271lb-ft @13psi. Build thread here.
1994 AUTOZAM AZ-1 MAZDASPEED Japanese Super Kei!
2014 FIAT 500e Hydroelectric powered EV daily driver.
2007 SUZUKI SV650 Track bike.
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post #13 of 30 (permalink) Old 06-11-2011, 01:53 AM
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Butters. I'm in the same boat as you. I would pay 37-41k for an 07. Not a cent more if bone stock. You sold yours for about 44k? Should've never sold it! You had very tasteful mods none of the cars in the current market can compare. The last super clean black 07 sold for 39-40 wih 9k mi. 47k is more of an 08 price.
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post #14 of 30 (permalink) Old 06-11-2011, 05:12 AM
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This is a dealer car, you're going to pay more than you would private party. Given the condition stated I don't think low 40's is out of line. "The dealer asking price is a little high" but aren't they typically?


Quote:
Originally Posted by JuiceKickMaster View Post
Butters. I'm in the same boat as you. I would pay 37-41k for an 07. Not a cent more if bone stock. You sold yours for about 44k? Should've never sold it! You had very tasteful mods none of the cars in the current market can compare. The last super clean black 07 sold for 39-40 wih 9k mi. 47k is more of an 08 price.

"Give a man a match, and he'll be warm for a minute, but set him on fire, and he'll be warm for the rest of his life."
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post #15 of 30 (permalink) Old 06-11-2011, 05:45 AM
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I agreee that it should be in the low 40's. If it was private sale, I would say high 30's.

05 graphite grey elige with zero mods.....sold
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post #16 of 30 (permalink) Old 06-11-2011, 08:40 AM Thread Starter
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So I just confirmed that the car has LSD, Traction Control, Touring Pack, but NO Track Pack. New tires (the stock Yokohamas) were just placed on the car by the dealership.

I'm a bit disappointed the car doesn't have the track pack on there. But I suppose all those elements can be bought and bolted on...

Thinking of K-swapping? Here's an idea of the cost involved.

2006 LOTUS EXIGE (ASPEN WHITE) Honda K24A2 + MPx90 supercharger. 322whp/271lb-ft @13psi. Build thread here.
1994 AUTOZAM AZ-1 MAZDASPEED Japanese Super Kei!
2014 FIAT 500e Hydroelectric powered EV daily driver.
2007 SUZUKI SV650 Track bike.
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post #17 of 30 (permalink) Old 06-11-2011, 07:49 PM
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ive seen dealers sell 07's for 37k
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post #18 of 30 (permalink) Old 06-11-2011, 10:53 PM
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Quote:
Originally Posted by JuiceKickMaster View Post
ive seen dealers sell 07's for 37k
as stated before, economy is up.

i've seen 07 gallardo's for 95k but right now they are 120k.. and i cant go to the guy and make him take 95.. **** i sold my brand new 911 in october for 63,750 and now they are going 10k higher, cant go back and get money back. economy changes.. constantly.. we are lucky to have a dollar that stays pretty constant but still the prices of assets like cars changes very often, and very seasonal.. right now is bad time to buy... very bad.

wait till after summer to buy sports cars as people dont wanna have em sit in garage all winter wasting $$$.. and then buy SUV's after winter when people wanna have fun and aren't driving in snow.
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post #19 of 30 (permalink) Old 06-11-2011, 11:32 PM Thread Starter
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Quote:
Originally Posted by JuiceKickMaster View Post
Butters. I'm in the same boat as you. I would pay 37-41k for an 07. Not a cent more if bone stock. You sold yours for about 44k? Should've never sold it! You had very tasteful mods none of the cars in the current market can compare. The last super clean black 07 sold for 39-40 wih 9k mi. 47k is more of an 08 price.
I know I should've never sold it! Wish I could take it back, but the past is the past. Gotta move on...

Thinking of K-swapping? Here's an idea of the cost involved.

2006 LOTUS EXIGE (ASPEN WHITE) Honda K24A2 + MPx90 supercharger. 322whp/271lb-ft @13psi. Build thread here.
1994 AUTOZAM AZ-1 MAZDASPEED Japanese Super Kei!
2014 FIAT 500e Hydroelectric powered EV daily driver.
2007 SUZUKI SV650 Track bike.
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post #20 of 30 (permalink) Old 06-22-2011, 12:06 PM
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I picked up an 06 for 34k. I suggest you pick up the yellow one for 28k
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