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Discussion Starter #1
Looking at purchasing my first Lotus Evora I love it look and thinking that since it has toyota mechanicals should be quite relible vs purchasing an older Ferrari was looking at either any help from current owners would be great.

1) I was waiting for the Evora S IPS to come out and asked the local dealer when ordered how long would it take to arive, The dealer stated that they could not give me a delivery date at this time is this normal? Yes / No

2) I really need the auto trans unable to push a clutch due to a injury is the IPS dependable and solid?

3) I was really looking fro a specific color love the yellow with the IPS trans The dealer was trying to sell me a new left over 2011 in red seams like they were really pushing the older cars on the lot vs sell a new one are the dealers offering any real discounts for the older left over models?
If the dealers are offering a real discount I may be change my mind on color

3a) What is the real number a EVORA can be purchased for discounted from MSRP if ordered from the factory or is a left over

4) I have read that there are a few issues with interior fit and finish I understand after all Lotus was never really known for this and you purchase the car for its handling and looks

5) Since I started looking it apears a lot of US dealers no longer exist and the ones that do have no cars is something going on that I may not be aware of?

6) After market It does not appear to be many after market parts for the Evora where there appears to be many for the elise, Is the Evora so correct that there is no need for aftermarket performace upgrades? Example I would think that there would be a pully change out to increase boost but have not been able to find a coumpany with such a product?


7)The largest concern I just started shopping the last week and read that Lotus may be in trouble again I know I have heard of this in the past back in the 80's but is this bull? I heard they had a plan to expand and with all the new cars it looks like they were on course to be a major compeitor in the market? Only ask becaue of warranty on a new car if it was used would not have the concern because as a used car I would not be paying for a warranty which of course discounts the value of the car

Again any help would would be appreated for this purchase I love the look of the car and could not find any real solid numbers to refer to from past sales on the new and used market.
The only prices I could find are asking prices which as we all know you can ask anything you want but the real price is what the majority of the public is willing to pay.

Crunch
 

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Answers:
1. YES, shipments are erratic at present
2. Word is the IPS is FABULOUS
3. Leftover is all about dealer willingness to make sale. Order from factory- you're gonna pay!
4. Personally, (and I own an X35d and a Jaguar so I know interiors) I think most of the interior niggles are just that. They did have a major issue with the 2010 LE cars having the hides drawn too tight on dashes but have been VERY good at replacing THEM. My intetrior is IMHO just as nice as any Porsche unless you're talking topshelf custom options. My buddy likes interior of my Evora better than his 2010 911 GTS!
5. Inventory is indeed low.
6.It is VERY correct and the few parts out there are for CAI/exhaust which were replacements for the overly quiet European Regs. CAI and exhaust give the NA model 300HP easy.
7. ?? We are all concerned but I own 2 Lotus and will hang on to them regardless as nothing else drives like one. Period.

Finding an IPS model will be your biggest concern! Where are you located so we can get you to a proper dealer.
 

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I can tell you regarding question 7, think of it as buying a classic or vintage car.

You'll invariably have trouble replacing things when out of warranty and if/when Lotus goes belly up, but you shouldn't have any more trouble than say, owning a 1972 Camaro or some exotic car with limited run (like a Morgan or something like that).
 

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Discussion Starter #4
brgelise thank you
any idea on what the normal discounts are currntly on remaining inventory just do not want to over pay I have seen cars priced all over the place from $59k to $98k?

Located in South Florida have 2 dealers within 50 miles there were others but they stopped selling Lotus cars. The ones that stopped selling said they were preasured from their other competing manufacturers to drop the Lotus dealership!!

MTLdean thank you just do not want to pay for a warranty that may not be exist next year. Older cars as mention are sold and priced based on no warranty and there collectablity status. Note: I used to love Camaros owned 14 of them from 67 to 1971. Now drive Porche, BMW, Ford Cobra and a few Harleys

New cars are priced with an addtiaonl cost for the warrnty. Warrantys are not free Aprx 10% of the cost is built in the price of a new car for the warranty

Example I remeber driving past a kia dealer here. when kia first went out of buisness 2009 or 2010 the remaing cars where sold with no warrnty. I only rember becaue of the sign and the shock of the price new kias reamining stock $2399.00 half price of sticker because there was no warranty then again who would buy a kia!
 

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The simplest way to think about it is to view the Evora as a "specialist" car. In following threads for several months, it seems you can divide people into two camps: a) those who are drawn to the uniqueness, performance, and special nature of the Lotus regardless of any of the compromises and who do not need to be able to rely on the car as a DD, and b) those who are drawn by the same set of positive aspects, but who have limited resources/ability to deal with issues or need to feel as though the car will be as reliable as any other non-performance oriented DD. This latter group is put off by the seemingly endless list of issues (sometimes big) that people discuss on this board. It's an awesome and truly special car that will likely not give you any more trouble that a comparable and (likely) far more expensive sports car. Go for it. You won't be disappointed, and if you are there is a rabid and loyal group of enthusiast who will take it off you hands for not that much of a loss if you buy it right. Lastly, there is decent inventory around the country of IPS if you are willing to ship the car. Check out all the dealer web sites.
 

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Discussion Starter #7
kmo thank you I do have knowlege of the type of car an Evora is.
This would not remotly be my first specialty toy. I owed a 79 Lotus Esprit and I can tell you from the test drive the quaitly of the Evora is 1000000 times better. I was shopping for a 360 Ferrai F1 and then saw the Evora and thought for the cost of a nice 360 F1 I can purchase a new Warrnted Evora with Toyota Mecahnicals and still have extra funds to add performance mods

I never purchase blindly and trying to find some base line priceing. there is very little pricing / resale infromation to gauge what the correct price would be for an Evora to get the best price for me and to allow the dealer a little profit. Every speiclty or high end cars have a large gap from the dealers tissue cost to retail price the dealer puts on the car. The idea is to negotiate the best price for all to be happy without paying to much for the car.

Sure anyone can pay over sticker or pay MSRP

There is just very little infromation out there for the Evora and I am trying to gather some infromation from a group of Evora owners

Example What is dealer tissue price on a Evora?

Is there any manufacturer kickbacks to the dealer on 2011 2012 left over stock?

How much under MSRP did your toy cost?


These things come into play with any car deal and has shown locally the dealer is really trying to move his older inventory. This is certain as all car dealers unless they are paying cash to the manufacturer has to pay for their floor plan and cars that have been sitting cost the dealer more and more each month reducing there profit.


My freind has checked the Macum auto auctions and nothing has come up at any of the dealer auctions so I still do not have any real wholesale numbers

krimor thank you i am aware of the blue one in orlando. I know the car if I can find it will need to be shipped or ordered
 

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If its a 2011 NA don't pay over 65K for anything.
If its an "S" be prepared to pay as there are so few available. Same goes for IPS. 75K is my best guess here. An IPS "S" will cost you big time!
 

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Agree. Basically, it goes like this - the interiors and fit/finish of the 2012's is a meaningful improvement over the 2011's. Additionally, Lotus has had a tougher time rolling out to 2012's given it's current situation. Consequently, the 2012's are in short supply especially in S form and, thus, not discounted much, if any. Most of the 2012's are IPS, but very, very few are S version. So, there is a supply/demand imbalance of 2011's versus 2012's. You should be able to get at least $10,000 off sticker for a 2011, and even more if it is a non-S version since dealers are long this inventory. Having said this, it looks like the inventory of 2011's is rapidly shrinking since discounting started a couple of months ago. So, find the car that is closest to what you want and go for it.
 

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You should be able to get at least $10,000 off sticker for a 2011, and even more if it is a non-S version since dealers are long this inventory. Having said this, it looks like the inventory of 2011's is rapidly shrinking since discounting started a couple of months ago. So, find the car that is closest to what you want and go for it.
Is the discounting on 2011s still going on? My dealer sent me an email in late June that said Lotus HQ was urging them to move 2011s by June month end and the dealer discounts could be over.

Mike
 

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I bought my 2011 last year at this time with all upgrade packages available except upgraded wheels for 65. Find that or cheaper :)
 

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There are several 2012 Evora IPS cars and only a few IPS "S" models available. Check on this site, E-bay and individual Lotus dealer inventories. As to ordering one, I placed my order for an "S" in early November 2011 with an expected delivery in March 2012. That was not to be. I've been informed it will arrive late July, a 9 month wait. The word is only a handfull of 2012 cars remain slated for US delivery. So if you are flexible on color you have some choices. Here's a few links:





[url=http://autos.aol.com/used-detail--5188437250004838302-Lotus-Evora-2012/]Used 2012 Lotus Evora for Sale by Aston Martin Lotus of Orlando
[/URL]

North Olmsted, OH 2012 Lotus Evora 2+2 New Coupe Columbus, OH Cleveland, OH Collection Motorsports
 

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2012 is a short production year for lotus...and it would seem the incentive spiderweb is as. Complicated as ever but from what I hear there isn't much on non-na 11s and almost nil for the 12 ips cars...
 

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Money back on MY11, normally aspirated Evora's ended June 30th and from the looks of things, there won't be anymore programs for that model year (no money in the budget).

Because Lotus only brought in a few MY11 Evora S models for the US market, no incentives were ever available so it's just a matter of finding which few dealers have S models in stock and what they are comfortable discounting that particular model.

MY12 Evora whether IPS or S was a short year for Lotus as you can no longer order a MY12. Wild guess, maybe a total of 65-80 cars will have been delivered to the North American market. This model year seems to be doing well for Lotus dealers and thus the discounts are minimal compare to previous model year.
 

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kmo thank you I do have knowlege of the type of car an Evora is.
This would not remotly be my first specialty toy. I owed a 79 Lotus Esprit and I can tell you from the test drive the quaitly of the Evora is 1000000 times better. I was shopping for a 360 Ferrai F1 and then saw the Evora and thought for the cost of a nice 360 F1 I can purchase a new Warrnted Evora with Toyota Mecahnicals and still have extra funds to add performance mods

I never purchase blindly and trying to find some base line priceing. there is very little pricing / resale infromation to gauge what the correct price would be for an Evora to get the best price for me and to allow the dealer a little profit. Every speiclty or high end cars have a large gap from the dealers tissue cost to retail price the dealer puts on the car. The idea is to negotiate the best price for all to be happy without paying to much for the car.

Sure anyone can pay over sticker or pay MSRP

There is just very little infromation out there for the Evora and I am trying to gather some infromation from a group of Evora owners

Example What is dealer tissue price on a Evora?

Is there any manufacturer kickbacks to the dealer on 2011 2012 left over stock?

How much under MSRP did your toy cost?


These things come into play with any car deal and has shown locally the dealer is really trying to move his older inventory. This is certain as all car dealers unless they are paying cash to the manufacturer has to pay for their floor plan and cars that have been sitting cost the dealer more and more each month reducing there profit.


My freind has checked the Macum auto auctions and nothing has come up at any of the dealer auctions so I still do not have any real wholesale numbers

krimor thank you i am aware of the blue one in orlando. I know the car if I can find it will need to be shipped or ordered

I purchased my brand new 2011 Evora on March 25th 2012. It was my last choice out of 4 on my list. My choices in order were pre-owned R8-V8, Ferrari 360, Lambo, then the Evora. The incentives on the Evora;s siting at the port put it at the top & made me walk from a Ferrari deal. I picked up a 79k car for around 60K. I decided the warrantee and knowing I could sell it in a few years and move to a better Ferrari or R8 V10 would be the best option for me. So far I am happy with the Evora its a great car with the only negative it needs more power. I would never pay sticker or close to sticker for this car. For me I move cars to much and the limited audience and Lotus uncertainty will hurt resale values. I can say my Evora gets more looks than my friends Ferrari and his other high end cars. That is not important to me but for some it's a positive. I have owned a few italian cars and you better have around 15k of disposable income in the bank just in case when something goes wrong. + 95% of the aftermarket warrantees won't cover most repairs like the clutch, brakes and electrical problems. Good luck
 

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Money back on MY11, normally aspirated Evora's ended June 30th and from the looks of things, there won't be anymore programs for that model year (no money in the budget).
No $$$ in the budget? From what i read they didnt hardly sell any, at least not in June. Where did all the $$$ go?

Mike
 

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No $$$ in the budget? From what i read they didnt hardly sell any, at least not in June. Where did all the $$$ go?

Mike
Most dealers will "punch" a car (start the warranty) if they believe there will no longer be any incentives on that particular model/year so although dealers may have not actually sold much, to Lotus it will appear that it has because of the RDR's submitted to LCU indicating start the warranty. LCU then pays out the dealers.
 

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No $$$ in the budget? From what i read they didnt hardly sell any, at least not in June. Where did all the $$$ go?

Mike
Hey mike

From a few other folks I was communicating with looking to purchase in June, we were all informed that incentive dollars were in play but would expire July 1st. Two of the three members I was speaking to made the decision to buy in june including myself. We all got fantastic deals on new 2011 (sport, tech, premium) pkgs. With or without incentive dollars in play, I hope those still on the fence find good deals and can only assume that they will present themselves. Just need to find that one dealer that needs to unload a product and get it off their books.
 
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