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A friend of mine selling his 2006 Lotus Exige, it has salvaged title due to rear end hit. Chassis looks straight, suspension looks good, it has track pack Bilstein adjustable suspension. The front clam & hard-top has been removed as well. Base on the pictures, can you give me estimate on what's the fair price to purchase?
Are the front clam and roof included with the sale and in good condition? That looks like a mess, to be honest. Looks like a few different projects were started and then abandoned. Factory rad is a ticking bomb. No info on miles or interior condition. I’d say $25k is generous in light of all the unknowns and with a present market adjustment.
If it is as is, I see at least 12k in clams and probably the same in prep and paint. To me it needs at least 25k in work.
So depending on miles and otherwise condition…
Do the pulled off parts come with it? Looks like a mess unless you have the funds and knowledge to tackle a project like this. At least the clams are already off so that saves you a few hours.
Not enough information to tell what’s it’s worth.
No pictures of rear clam?Does it run,is transmission ok. The muffler mounts are undamaged so it may not have been hit hard.You need to do your due diligence before posting.
A bit of insight here to help @Harix. For those that may not know, Harry is a highly recommended repair destination for Eliges in So Cal. However, Harry may not have his fingers on the pulse of values as much as he is usually repairing them mechanically, not trading them.
The only thing I can "see" that looks odd to me is the base wheels on it and I believe Exiges never came with them.
I ask, as I don't know, but are the 06 N/A Exiges identical to LSS Elises other than the clams? (Under the skin)
A bit of insight here to help @Harix. For those that may not know, Harry is a highly recommended repair destination for Eliges in So Cal. However, Harry may not have his fingers on the pulse of values as much as he is usually repairing them mechanically, not trading them.
The only thing I can "see" that looks odd to me is the base wheels on it and I believe Exiges never came them.
I ask, as I don't know, but are the 06 N/A Exiges identical to LSS Elises other than the clams? (Under the skin)
Yes, they are pretty much the same except for a couple minor differences. You can tell this was/is an Exige because of the plastic piece below the rear window. The seats would obviously be different too, but we can't see those.
That thing is a right mess, but fixable. The plastic radiator is the least of that car's probs.
This was my thought as well. Lots of possible gremlins.
Looks like it's been sitting outside, in the elements, with the clams removed. I'd be a bit concerned with corrosion in some of harness and any areas where moisture could have crept in through wire seals in connectors.
$45k for a branded-title Elise would need to come with something substancial on the side. A branded title stays with the car forever. The title can't be repaired.
Honestly it’s slot of work, if you enjoy projects and can do most of the work yourself. I’ll would play it safe and offer 18k, he is selling a project and for whatever reason he didn’t finish it.
As many know all too well, the pricing on used cars has gone insane lately. Unless you're planning to QUICKLY flip this car or can get it for the old salvage yard pricing ~25k I would steer clear. Otherwise by the time you're done, you might have as well bought a used Lotus and just driven it instead of wrenching for 100s of hours.
Forgot to ask.. I noticed the coolant expansion tank and exhaust are removed and, I think, the fuel line is disconnected. Seems odd, I would ensure you have the full story on the extent of the damage including that which took place after the wreck.
I know who Harry is and what he's capable of and the way it came across was he was asking for someone to get opinions other than his. Maybe a friend? Too many unknowns as others pointed out plus the known issues. Without knowing more <$20k
I agree, I see branded titles up in price. Not sure why people would pay so much money for a branded title. But people drive the prices up and if that’s what they want.
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