Newly totaled: VIN SCCPC11145HL32839 - LotusTalk - The Lotus Cars Community
 
LinkBack Thread Tools Display Modes
post #1 of 20 (permalink) Old 10-17-2013, 01:14 PM Thread Starter
Registered User
 
Join Date: Aug 2012
Location: Chicago and Houston (USA)
Posts: 86
Garage
Newly totaled: VIN SCCPC11145HL32839

I totaled my lovely little 2005 Elise, insurance paid it out and it sold on auction yesterday 10/16/2013 in Houston Texas.

The car has almost nothing wrong with it.. a 2 inch ding in the aluminum tub underneath, halfway between the two front wheels (hit a curb). The performance shop i took it to said they could weld a bit of aluminium plate over it with no problems.. (though they didn't think there would be a problem leaving as is)

Additionally i also had the alignment laser checked at a specialty shop they said it is 100% geometrically aligned. So.. while it is totaled per Insurance company/Lotus, the car is still in perfect condition less that ding.

The car is Turbo charged and goes like stink.. I'll add the link to the posting from which i bought it.

Such a sad sad day..
msweetnam is offline  
Sponsored Links
Advertisement
 
post #2 of 20 (permalink) Old 10-17-2013, 02:44 PM
Registered User
 
Jim-C's Avatar
 
Join Date: Jul 2004
Location: Fort Lauderdale Florida
Posts: 2,929
What did it sell for ?
Jim-C is offline  
post #3 of 20 (permalink) Old 10-17-2013, 03:13 PM
Registered User
 
Join Date: Mar 2012
Location: Irvine, CA
Posts: 1,129
Unbelievable that that's all that happened and that's why it's deemed totalled?

05 Chrome Orange Elise
chris2pher is offline  
 
post #4 of 20 (permalink) Old 10-17-2013, 03:27 PM
Registered User
 
ACE51's Avatar
 
Join Date: Mar 2008
Location: Greensboro, NC
Posts: 1,769
only thing wrong with it? crazy.

Its not the same one that got run over is it (see: https://www.lotustalk.com/forums/f231...istory-153417/ ) same vin but the old website listed is not available any longer

SRA Champion 2011 and 2012.
My first Lotus gave me a track disease. Now working with and racing Porsche's
Rennpart.com
ACE51 is offline  
post #5 of 20 (permalink) Old 10-18-2013, 04:21 AM
Registered User
 
tommyc's Avatar
 
Join Date: Oct 2006
Location: South Fl
Posts: 1,299
My 1st elise was totaled for the same reason. Dent in the floor under driver seat. The only official way to repair is to replace entire chassis. That is why it was totalled. No insurance company will take on the liability of repairing it. Mine sold for $10k in 2009 to a genteleman in Guatemala who welded a plate on and is enjoying it.

05 elise ardent red sport touring VF1 s/c, pro rad, arquay twin, etc etc etc
05 elise GG sport touring BWR s/c Charliex s/p dent in chassis=total loss
17 BMW 428i conv wifes car
03 GMC Yukon
90 eclipse gsx 420 whp sold
04 civic si sold
13 Ford focus ST
tommyc is offline  
post #6 of 20 (permalink) Old 09-23-2014, 09:40 AM
Registered User
 
Join Date: Mar 2013
Posts: 242
It's now for sale by VITA MOTORS at Flint Auto Auction for 28.5k - 18696 miles.
zakiu is offline  
post #7 of 20 (permalink) Old 09-23-2014, 09:43 AM
Registered User
 
Join Date: Mar 2013
Posts: 242
I guess I'll throw this up for the next guy and the sake of documentation.
Attached Images
 
zakiu is offline  
post #8 of 20 (permalink) Old 09-23-2014, 11:15 AM
Registered User
 
Hextavo's Avatar
 
Join Date: Sep 2012
Location: Ohio
Posts: 686
Seems like an interesting price, hard to tell if that would be a reasonable asking price for something with damage and a branded title, would the modifications be worth it?
Hextavo is offline  
post #9 of 20 (permalink) Old 09-23-2014, 12:51 PM
Monaco Dreamin'
 
BCspeed34's Avatar
 
Join Date: Oct 2012
Location: Bellevue, WA
Posts: 459
Did they give you a decent buy-back offer?

01 Mitsubishi Lancer Evo 6 TME
93 Lancia Delta Integrale Evo 2
65 Ford Mustang 289 5spd
BCspeed34 is offline  
post #10 of 20 (permalink) Old 05-31-2015, 08:45 PM
Industrial Designer
 
svldvc's Avatar
 
Join Date: Feb 2010
Location: Charlotte, NC
Posts: 51
Quote:
Originally Posted by Hextavo View Post
Seems like an interesting price, hard to tell if that would be a reasonable asking price for something with damage and a branded title, would the modifications be worth it?
What do you guys think is a FAIR price for one like that rebuilt and maybe even with a few carbon mods? How much would you be willing to pay for one restored with rebuilt title? (be serious...don't write like $1k or something ridiculous like that pleez)
svldvc is offline  
post #11 of 20 (permalink) Old 06-01-2015, 08:41 AM
Such moderate
 
Doge's Avatar
 
Join Date: Sep 2010
Location: USA
Posts: 6,722
Garage
Rebuilt seem to be going in the mid to high 20's lately depending on the prior damage and mileage.
Doge is offline  
post #12 of 20 (permalink) Old 06-01-2015, 11:27 AM
Registered User
 
sleepe's Avatar
 
Join Date: Jan 2007
Location: Rehoboth Beach, Delaware
Posts: 3,018
It's a shame this car will now have a salvage title for such a silly reason.
I wonder how many salvage Elise's exist that were in like new condition?

Does an increase in salvage titled Loti in turn increase the resale value of
clean titled Loti?

2006 Elise ST (someone else has it now . . . )
2008 Exige S240 ST
sleepe is offline  
post #13 of 20 (permalink) Old 06-01-2015, 12:06 PM
Industrial Designer
 
svldvc's Avatar
 
Join Date: Feb 2010
Location: Charlotte, NC
Posts: 51
Quote:
Originally Posted by sleepe View Post
I wonder how many salvage Elise's exist that were in like new condition?

Does an increase in salvage titled Loti in turn increase the resale value of
clean titled Loti?
Not necessarily.

If these Rebuilt Loti are well rebuilt and have a well documented history and expert repair to go with them, then they will always sell well and for much less than the Clean ones.

And if there is such high % of Loti owners not minding the title and keep buying these cars, if anything the prices of Clean Loti will go down due to sale competition. (just my guess)

I'm a salvage guy and been dealing with salvage & rebuilt cars half of my life (i'm 30), and I always thought that ppl discredited rebuilt cars way too early without giving them a chance and even investigating the extent of the damage (which in many cases is very minor and ridiculous, but still have the Salvage branding...sadly)
svldvc is offline  
post #14 of 20 (permalink) Old 06-01-2015, 12:09 PM
Industrial Designer
 
svldvc's Avatar
 
Join Date: Feb 2010
Location: Charlotte, NC
Posts: 51
Quote:
Originally Posted by doge View Post
Rebuilt seem to be going in the mid to high 20's lately depending on the prior damage and mileage.
Thanks dodge.
To me (salvage guy), it's very encouraging to see ppl give these little beauties a 2nd chance at life and by buying the restored ones put value into the market for guys like me.
svldvc is offline  
post #15 of 20 (permalink) Old 07-29-2015, 06:56 PM
Registered User
 
Join Date: May 2005
Location: Arvada, Colorado
Posts: 48
This is my old car that I bought new and did the FF conversion on. I loved it and had some great times in it. Sorry to see the life it now leads. Vita is still trying to sell it, now asking for even more!
RandyBMC is offline  
post #16 of 20 (permalink) Old 07-30-2015, 11:40 PM
Registered User
 
Klint's Avatar
 
Join Date: Jun 2009
Posts: 1,023
Quote:
Originally Posted by sleepe View Post
Does an increase in salvage titled Loti in turn increase the resale value of
clean titled Loti?

2005 SY Lotus Elise Supercharged
(Build date: Sept. 13, 2004 #484)
16th of 115 US 05 same color\trim\options.
Signed by Elisa Artioli
Handmade in England- Perfected by me.
Sponsored by: Difflow Diffusers- GRP (Discount Code: "Keleent" for a discount at checkout )
Follow me on IG:
www.instagram.com/keleent
Klint is offline  
post #17 of 20 (permalink) Old 07-31-2015, 09:35 AM
Such moderate
 
Doge's Avatar
 
Join Date: Sep 2010
Location: USA
Posts: 6,722
Garage
Quote:
Originally Posted by Klint View Post
.
Doge is offline  
post #18 of 20 (permalink) Old 10-01-2015, 11:12 AM
Registered User
 
CyberMancer's Avatar
 
Join Date: Jun 2015
Location: Houston, Texas Y'all!
Posts: 12
Up for sale again.

I might take a closer look at this one for my first Elise, but only if he has some wiggle room in the price. What would y'all put this one at now?
CyberMancer is offline  
post #19 of 20 (permalink) Old 10-02-2015, 02:17 AM
Sold my Exige S
 
+TSRAGR's Avatar
 
Join Date: Aug 2011
Location: TX Coast
Posts: 930
^ Well under $30,500. Anyone who even pays high 20s for this car has more dollars than sense. A turbo and rebuilt title (no matter how minor the damage) don't command stock prices.
+TSRAGR is offline  
post #20 of 20 (permalink) Old 10-02-2015, 08:39 AM
Registered User
 
TedR's Avatar
 
Join Date: Jun 2005
Location: Oregon
Posts: 865
Quote:
Originally Posted by CyberMancer View Post
but only if he has some wiggle room in the price. What would y'all put this one at now?
Salvage title with a dented chassis, major rash on the bottom of the front clam, hokey mods in the engine compartment. I would place the value at $20,000 to $22,000.
TedR is online now  
Sponsored Links
Advertisement
 
Reply

  LotusTalk - The Lotus Cars Community > Lotus Discussions > The Salvage Yard

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the LotusTalk - The Lotus Cars Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome