The Evoras are still being produced and can be bought new.The Elise and the Exige prices seam to be going up up up , but the Evoras are droping like a rock , whats up with that ?
I don't know about that. There's no way in hell I could find a new Evora for even close to what I bought mine for.The Elise and the Exige prices seam to be going up up up , but the Evoras are droping like a rock , whats up with that ?
Agreed. Even the much ballyhooed 4C will be at least 500 pounds heavier than the Elige by the time it makes it to the US.The Evora doesn't enjoy a focused market niche like the Elige does, that's why Evora prices aren't stable/going up. There's too much competition out there against it (911, NSX, etc). In this case, it's Lotus' plan to try to carve into an existing market share which works against it in terms of depreciation.
The Elige is a focused design for a focused niche market, enjoyed low production numbers, and won't have anything around to compete directly against it in the future because of regulatory requirements. The closest thing to it are cars that are way more expensive, or cars that are several hundreds of pounds heavier anyway, making them non-competitive with the Elige in the niche market.
Agreed. I think many are too concerned about the value of the Elise. Just enjoy the car for what it is. Whatever bump/dip in value in the next couple years for the car will be inconsequential compared to the enjoyment you will derive from it.
Now, the discussion of what the facelifted 2011s will sell for, that's totally different. When are you going to sell me your car Vince? I promise you'll lose less on that transaction than if you had bought Cisco at its 1 year peak and sold today.
+1The Elise took it's depreciation beating back in it's day and stabilized around the $30K mark (I think around 2008-2009 as I sold my 2005 in 6/07 for $30K). One of the big factors in depreciation at the time was the Elise was, when compared to the Boxster, S2000, etc. of the time and was too narrow focused. It wasn't uncommon for someone to come here enthusiast about their Elise and sell it a year later after the novelty wore off. That was one of the reasons for the Evora's development (aka "Project Eagle").
The Evora's main problem right from the start was it's overly ambitious MSPR. The Elise started off as a $40K car and moved up. The Evora started as a $85K car and then moved downed.
And as others have pointed out, the biggest advantage the Elise/Exige have in the States is that there is no more supply coming from Lotus. From what I've heard, there are less Evoras in the States than Elise and Exiges. When more Lotus dealers start giving up the franchise and there's only 10 or so places to buy a Lotus in the U.S., the Evora's demand will pick up.
Seriously, I think the sweet spot for the Evora will be $45K for an n/a car and $55K for an S (give or take $5K) At that point, you may start to see depreciation level out.
check out the poll in a few hours i'm working on - styling - which is better? 2011 styled front clam, or the earlier classic Elise front clam.....Now, the discussion of what the facelifted 2011s will sell for, that's totally different. When are you going to sell me your car Vince? I promise you'll lose less on that transaction than if you had bought Cisco at its 1 year peak and sold today.