[11EliseSC]

In my search for an Exige S and saw this at Motor Cars International by Bill Nuccio outside of Chicago:

07 Exige S, Polar Blue, 15K miles; VIN SCCVC11167HL81454

2007 Lotus Exige S

Anyone know this car, or dealt with this dealer? Really looking for something with less miles, but is $49.9K a reasonable price for an 07 Exige S with 15K miles?

I appreciate any info anyone has.

Thanks,
Dan

2007 Lotus Exige S

 

[ksdaoski]

Been sold two or three time in the past 12 months, increasing by 5k or so each time

 

[11EliseSC]

Been sold two or three time in the past 12 months, increasing by 5k or so each time

Very Interesting....thanks for the intel.

 

[Nessal]

They are asking too much imo.

 

[11EliseSC]

They are asking too much imo.

Thanks...seems like it. I appreciate the feedback because being new its hard to tell what's reasonable and whats not.

 

[MonkeyKing]

That was qu1Z's car and I was thinking about buying it a few months ago before that dealer bought it from him. So obviously the dealer is now asking more for it. So, as far as I know, it's only sold once in the past 12 months.

It had a scuff on the passenger door that the dealer "repaired" but IMO they did a horrible job with the color match. You can see in the passenger side views that the color is lighter and faded at the rear of the door. I still think it's a great car, but the price is now too high for me, and I was disappointed with the paint work.

 

[ksdaoski]

OP asked if anyone knew the car, I was interested in it when it was in Sausalito for sale, issues came up preventing from purchasing. It's been sold 2x in the past year, this would be number three
CARFAX Vehicle History Report for this 2007 LOTUS EXIGE S

 

[Abe]

For what it's worth, Bill Nuccio was one of the top 3 lotus dealers in the country with Fox valley motor cars back in the days with a great reputation. I wouldn't hesitate buying a car from him and as far as price goes, well there's some that sold for a lot more just recently but if you like it, give him an offer. Good luck :up:

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[11EliseSC]

For what it's worth, Bill Nuccio was one of the top 3 lotus dealers in the country with Fox valley motor cars back in the days with a great reputation. I wouldn't hesitate buying a car from him and as far as price goes, well there's some that sold for a lot more just recently but if you like it, give him an offer. Good luck :up:

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Thanks Abe...good to know. Having worked at a few dealers in the past myself, some are good but a lot aren't, so knowing someone's reputation in advance is a big help.

Seen some Exige's on classifieds here in the high $50s but with much less miles...so whether or not is worth it...just depends, I guess.

Being new to this search, I'm still trying to gauge what's a fair price and how much mileage impacts the price... 15k miles isn't a lot for 99% of cars on the road, but is it a lot for an Exige S?

Thanks, Dan

 

[jds62f]

in general people aren't putting a ton of miles on these cars so "high miles" comes on earlier than with other cars. Surprised to see 07 asking prices in the 50's myself, I always thought that 08/09 would be the most desirable years to have. Maybe people are willing to pay that kind of premium for a year less desirable if the miles are non existent? Wouldn't advise buying at that price myself unless you don't plan to drive it, otherwise you'll be looking at a steep loss on resale.

One thing that is certainly true is that from here through the end of spring you are going to see higher asking prices, although I haven't seen asking prices for 07's in the 50's since I became active on this forum (2009).

 

[GStephan]

Being new to this search, I'm still trying to gauge what's a fair price and how much mileage impacts the price... 15k miles isn't a lot for 99% of cars on the road, but is it a lot for an Exige S?

Thanks, Dan

Yes and no. For any 'normal' car, 15,000 miles is NOTHING. Because these are often second/third/fourth vehicles and driven as a specialty car, it's common to find very low mileage examples - making a car with 30,000+ miles on it seem high. In reality, the engine is fairly bulletproof and should last way beyond 150,000+ miles with normal care and maintenance. 15,000 miles on the Exige is barely scratching the surface of what the car is capable of.

For resale - obviously - buy a low mileage car and barely drive it. If you're looking for a car you can drive care free, get a higher mileage car - and drive the sh!t out of it. Don't worry, the engine is built to last.

In terms of prices...I've noticed that there's been a huge leap in the last 8 months or so. I've been seeing a lot of 2007's with asking prices close to $50k. Whether or not they're actually selling for that is another story.

I recommend just to buy what you like the most, regardless of what the price is. The inventory for these cars is so small and the chance of finding the car, color, year, mileage, price, and location in your favor is very slim. When a car comes up that fits what you want...buy it. Even if you pay a small premium to get what you want, it's worth it. If you don't care on year, color, location, and mileage...just hang around the forums a few months and you'll score a good deal. I'm sure you'd be able to find a good 07 Exige in the low $40's range. If you're interested, I know two Aspen White's around $44-$45k in CA - PM me and I'll give you their info.

Graham

 

[dt34]

I sold my 07 Exige S, similar spec and milage last spring for $43K.

 

[LotusJP]

You mean the recent Flagship of Difflow!

Yes the door had an issue and it seems the paint job could've been done way better. That aside I personally knew this vehicle and can say it is a one of a kind! Probably asking a little too much but hey....It's a Lotus and it's not like you are buying the thing cuz you HAVE to...LOL!

 

[Nessal]

They are asking wayyyy too much for 07'. That is around the asking price for an 08 and up. 07's are going for 40-45k.

 

[11EliseSC]

Thanks all. A lot of good info, and opinions, plus the carfax, and I really appreciate it. Always liked the Polar blue...and thanks LotusJP for the extra pic you posted...looks good.

That said, the dealer is asking $49.9, only dropped it by a grand in a couple weeks...and not sure with the "door repaint issue" that it's worth that much...Not that I expect anything to be perfect, but seems like there are other great cars out there that may have less "issues" than this, but again I'm still new at this.

Another quick question...the round fog / driving lights in the grill...seems like a nice touch...can someone educate me on whether those were a factory only option, or if they can be added...and if so, is it difficult, or relatively simple to add?

Thanks again!
Dan

 

[Andy811]

My Exige Club Racer came with factory fog lights. Not sure about the 220's though.

 

[billsaidso]

The lights are part of the high beams, could be added later but would be a major PITA because the clam would have to be removed, the grill changed, and then install brackets with lights.

I thought all Exige S came with them? I know mine did.


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[oldmansan]

The lights are part of the high beams, could be added later but would be a major PITA because the clam would have to be removed, the grill changed, and then install brackets with lights.

I thought all Exige S came with them? I know mine did.


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My 07 doesn't have them. I personally don't like them as I think they look like an afterthought.

San