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Fat Guy In A Tiny Car
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Hey All,

About two months ago, I started a thread about my 2006 Lotus Elise in Krypton Green. I purchased it in 2015 for $38k. At the time, it had 11k miles. Anyway, as I mentioned in the prior thread, over the winter, the car was infested with mice. The damage they did was severe. My insurance company, Progressive, covered the claim and it has spent the last two months being worked on by Cleveland's only Lotus dealership.

Well, the Lotus dealership ultimately decided that they could not work any further on the car. The infestation was so bad that they could not guarantee the work (the smell of urine and feces was something that just couldn't be remedied). They had put about 20 hours into disassembling the car for diagnostics and every layer they removed led to the discovery of further damage. Thereafter, Progressive consulted with 7 other body shops, as well as ServPro and a hazmat company, all of whom declined to work on the car.

Thus, after two months, Progressive finally declared the car a total loss. And although I was sad to hear it, their appraisal resulted in a final payout of $41,791.10. I wanted to share that number with all of you because I know Lotus owners are obsessive about their cars' values. In speaking with the appraiser, here were a couple of the factors that contributed to the appreciation in the value of the car:

1. The car was completely stock. This was important because collectors do not value after market modifications.

2. The car was in great condition and otherwise properly maintained, with only 15k miles on it.

3. The color. According to the appraiser, Krypton Green fetches a higher value than most others, as do Autumn Gold and Aubergine.

Anyway, this is probably going to be my last post on this site. Thank you to this community. It has provided me with an incredible wealth of knowledge, as well as quite a few interesting conversations and even some personal connections. I've decided to take my insurance money, along with my old 2001 Porsche Boxster S as a trade in, and invest in a Ferrari 360.

Cheers!
 

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Sorry to hear about your loss, especially a Krypton! Hope you find a nice 360, good luck!
 

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Ahh man. So unfortunate. I remember reading your post on it. Great looking color too. Bright side, enjoy the Ferrari. Take care!
 

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Sad to hear but glad it worked out in your favor. Good luck on getting that Ferrari! That's awesome and I'm a little jelly. :D

Make sure to keep the dang mice away from it!!!
 
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Sad to hear but glad it worked out in your favor. Good luck on getting that Ferrari! That's awesome and I'm a little jelly. :D

Make sure to keep the dang mice away from it!!!
Install at least a 1,000 mouse traps and poison pellets around the 360 :D
 
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Eric, sorry hear about your Elise. Moving forward with your 360 purchase, simply spread around a bunch of fabric softener sheets in your garage, a few in the engine bay for good measure. I swear I have tried everything else, this really works! Be sure to change them monthly. Cats and other critters that prey on mice won't get poisoned this way. All the best, Rusty
 

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Sorry to hear about your loss. I guess it will go to auction and could make a cool project for someone. Strip it down to bare tub, rewire it...maybe a good candidate for an engine swap.

Be really careful and don't let the mice get to your future Ferrari! My dad had a 360 probably 15-20 years ago that the same thing happened to. They chewed up the harness in the engine bay, coil wires were all F'd, interior radio buttons had little bite marks. It was fixed and very costly. Get an ultrasonic mouse repellent. It plugs in and makes noise that you cannot hear, but mice and rodents can. Never had issues in 20 years after that was plugged in.
 

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Sure is a sad tale, but thanks for sharing the experience.

We want a pic of your red car!
 

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Fat Guy In A Tiny Car
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Discussion Starter #12
Brief update, after checking out the Ferraris, I decided to go a different route. Yellow Lamborghini Gallardo instead. Beautiful.
 

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Brief update, after checking out the Ferraris, I decided to go a different route. Yellow Lamborghini Gallardo instead. Beautiful.
Honestly, you can't go wrong with the 360, F430, Gallardo market. If I could I would probably pick up a F430 because the prices are basically rock bottom right now. CNC motors has a F430 for $70k!
https://www.cars.com/vehicledetail/detail/771653975/overview/?aff=stemp2&CMP=stemp2 Gallardo's are just works of art, I want to see pics if you decide to pick it up:clap:

*Also another cool route would be Noble! (Kinda stick with the Lotus Vibe, British!)
https://www.hemmings.com/classifieds/dealer/noble/m12-gto-3r/2194594.html
 

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Food for thought regarding getting an older Ferrari:

"The 430 is a lot less up keep then previous Ferrari models, only serious thing I know of on those is keeping an eye on clutch life for the F1 transmission, a few Ferrari techs have told me one way to stay ahead of that is to keep an eye on its engagement, and also try not to back up if possible especially up hill for any distance, for some reason this seems to put more wear on them??? 430 uses a timing chain instead of belts and isn't known to have sticky buttons, etc. Now the 360 can be a bit more, but far easier then the 355 (which is one of my favorite designs) the 360 needs its timing belt changed every 3 years, but this doesn't require an engine out to do, the 360 can be done through and access panel behind the seats, I did one in 4 hours which included pulling the seat, then all you need is a good set of timing gear/ cam holders, there is a guy who has an excellent blog on these cars but his name is eluding me, been a few years. 360's also had sticky button issues, which is a lot more costly to fix then you might think, not a bank breaker, but above what I think it should be. "

"I owned a 2007 F430 for two years. Unless you live near a Ferrari dealer or have several inde shops to choose from, I would buy something else. They are good cars but when they break, they're expensive. Even if you can do the work (which I did a lot of on my own) the parts are crazy expensive. A water pump assy set me back $4K just in parts. The power window switches are over $200 each. As for the 360, they are still belt driven so you will have to replace the timing belt at 15K mile or 3 year intervals. Unlike the F355, the belt can be replaced with the engine still in the car. The other issue with Ferrari is the sticky crap they put on all of the switches. The stuff turns to goo in the hot sun."

Quoted is not from me, they're from 2 separate posters on another car forum.
Interesting that the sticky buttons issue also affected F, some MB AMG, and Lambo too (friend has a Gallardo and AMG C63). And what's the deal with not backing up? Lol.
I've had mostly domestic sports cars, none had the sticky buttons.
 
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