I'm sort of looking to get an Esprit, but from year to year I have no clue how much they are worth. Is there any guide for pricing mechanically sound ones?
Thanks. I've been sort of "looking" for two years. I bought a commuter instead so put my purchase off a bit. I'm coming back into the market soon but don't want to rush it or miss out an a good opportunity. I want to enjoy the car. Which means I want to drive it... a lot.Very tough question. I just went through the buying process, and the prices are all over the map. The condition/history/mileage of the cars is also all over the map. There doesn't seem to be a reliable price guide.
I know what you mean, but I would like to be able to DD it right away. I'm mechanically inclined but I'm not great with car electronics or clutch/transmissions. I can deal with circuit issues generally but fuel injection is something I never got to work on. I've been through many 427 and 455 rebuilds so I know engines pretty well. All the other stuff is pretty easy.Buy a basket case for a low low price, and restore it you will get the appreciation of knowing you fixed it yourself, and if something breaks in the future of owning it, since it already needed almost everything when you bought it you will know the car like the back of your hand.
I agree that the best route is to buy a weak car and restore. But, it requires the will and a least a reasonable level of basic mechanical sense. I also vote for the Stevens car, I especially like the SE or the 89+ turbo with the GM fuel injection system. Plan on doing EVERYTHING to the car, and step by step work your way through. If you have the time, place, and inclination it is a tremendously satisfying experience. And you are bringing an Esprit back to life....
Thanks for the input guys. I'll keep doing research and keeping an eye out. Maybe something will pop up too good to let pass.do you know what body style you are looking for?
Guigaro? Stevens? Thompson? or put it this way....are you looking for a Bond car, a Pretty woman car, or a modern looking car? lol.
Yes please, I think they are all have character. I think a Guigaro S2 is off the table for me. I could do an S1 just based on the fact it's the first production design that started it all. Any models between 1987 and 1997 are probably on the table. I've been most attracted to the 1993.5 and S4s
next question: are you looking for an I4 or a V8?
For now, the I4. V8 is to pricey for me. I can probably spend up to $25k but I'd like to keep it between $10k-$20k.
next questions: are you planning on doing your own maintenance? do you have a full set of tools and the facilities for that?
I have tools, not enough for everything but I have the ability to buy it when needed. I'm always buying new tools when projects pop up and I imagine it will be the case with this. Space is a bit of an issue for long term jobs but I can kick the woman's car outside for a few days if needed.
It was a 93.5 model - red with saddle leather.
There was a 93.5 I was very interested in but I don't want to buy something and have it be less. This was right before I bought the commuter and I didn't want to get it and then have issues and not be able to get to work. Also, overpaying was a huge fear.
Yup, in an Esprit a fuel smell usually means the surgical tubing for the fuel tank venting is rotted. About a 30 minute fix and about $10 in cost. One of the easiest fixes on the car.Buy And the prices of these cars are all over the place you are right, I bought the cheapest one I looked at, only because it actually drove better than any other that was $5,000-$10,000 more that all smelled like fuel, and we all know what the fuel smell means.
Yep - Esprits, along with most other limited run exotics are impossible to get price guides for. Just too many variables and such a limited pool of cars for sale make it really tough. From my own extensive shopping experience, heres what I know:Very tough question. I just went through the buying process, and the prices are all over the map. The condition/history/mileage of the cars is also all over the map. There doesn't seem to be a reliable price guide. Everyone will tell you to pay more for one in good condition instead of a project car because you'll never get your money back out if you have to spend big bucks for repairs, and I agree.
Start your quest by reading about the different model years here because you have to make that choice first:
The Lotus Esprit Fact File - Model Information
After I found my Esprit, I identified a few items that needed to be fixed/reparied/replaced. Before makingmy purchase/offer, I spoke to JAE Parts a few times to figure out what the parts cost and if they were available. Those calls were great, for me. the parts I needed were readily available and not too expensive.As someone who is also considering to buy a newer -say 2000 + model year Esprit.
Can someone tell me are all the parts still readily available?
Simple, buy the best one you can afford.I'm sort of looking to get an Esprit, but from year to year I have no clue how much they are worth. Is there any guide for pricing mechanically sound ones?
You are pretty much dead on. Every car warrants a different price. Just a few things being better or more sorted does a LOT for the price. If the car recently had a major service performed then thats worth a few thousand easy, if not more. If the clutch is newer, if cosmetically the car is in pristine shape, or if the car simp,y runs perfectly and realy needs nothing - thats worth a big chunk of bucks too.Every once in a while a car seems to sell for a lower price than you'd think the condition warranted. Example: Lotus : Esprit Turbo in Lotus | eBay Motors
But then the car gets relisted and you wonder what happened ?
I've been watching the Esprit market for a few years. You can get a very nice 89-93 SE in your price range. I saw a white 89SE with about 50k miles, original doctor owner, sell for 20k about a year or two ago. Locally, there was a black 89SE with V-8 bodywork, pristine condition, enthusiast owned and lotus talk forum member, he was asking 18k IIRC. Lots of "okay" looking SEs sell in the 13-15k range.
The "good" S4 cars sell for above 20k. Don't follow Giugaro prices as much, but like the Stevens cars, they seem to be all over the place. I remember a few years ago, I saw an average looking red 87 Turbo HCI sell for 13k. And I saw a decent looking collectors edition sell for only 12k. Lots of other ones priced in the mid teens that never go anywhere. I'm sure a good quality Esprit Turbo could be worth 20k as well.
Same here - I bought July 2011 - 88 Esprit, 30K miles - 99% cosmetically like new, always garaged, etc.[snip]I want to enjoy the car. Which means I want to drive it... a lot.
I know what you mean, but I would like to be able to DD it right away.
I'm mechanically inclined
Maybe something will pop up too good to let pass.