As a 17 year old car with 60K miles, expect it still to need a lot of work. If they have replace half the car recently, that means you have another half to go...Really that low? I haven't seen one go that low..
It has 58k miles. New timing belt, tires, brakes, clutch, etc. It seems to have been taken care of. I thought 19-20k would be fair?
I watched the Esprit market for years before I bought mine. $15K is going to buy you a POS!!! I'd stay away from an S4 in that price range unless you are sure it was a winner. I would expect an S4 in great shape and 58K miles to be in the mid $20k range.
Personally, I'd pay more for an S4 or S4S over an early model V8.
Rebuilding and selling Esprits would be a passion of mine, but it must be a really really hard way to make money. You would have to pretty much get the car for free to make it worthwhile.We are just about finished rebuilding a '94 S4 with 80k that is back on the road and we will be putting up for sale in the next weeks when we have the last couple of items sorted. So we too are trying to determine a fair asking price.
I shopped around for 5 years trying to find the right car. In just about every case the low-mile, hardly-used cars were all very pretty cosmetically but they had numerous problems just lurking - waiting for a juvenile buyer to fall in love with the paint job and overpay for the car.I like to drive so I think I can agree with that statement.. Hopefully things will pan out with this Esprit I have my eyes on. Nearing 60k miles is more then I would desire but if the price and service history is right....
I shopped around for 5 years trying to find the right car. In just about every case the low-mile, hardly-used cars were all very pretty cosmetically but they had numerous problems just lurking - waiting for a juvenile buyer to fall in love with the paint job and overpay for the car.
Id would always take the regularly used "driver" and serviced car over the garage queen. You'll pay less for the driver, you'll get more enjoyment out of it, and you'll probably spend less on it too. The only way I'd buy a cream puff would be if I were trying to complete a collection of cars or were trying to flip it right away. Im NOT either of those guys. Im the working-class stiff who has loved the Esprit since I was kid and had to have one. Driving it is akin to enjoying it for me.
If that car checks out and drives nice - buy it. I bet you make out great with it!
Again, a 17 year old exotic that is close to end of life on most parts at 60K miles would not make a great daily driver of 50K miles per year!I'm not looking for a garage queen with 2k miles I just think getting into one with almost 60k is a bit high considering I will drive it a fair amount... I put 25k miles on my EVO in less than 6 months...
It wouldn't be my daily driver. I have had plenty of cars so I know what to expect. The car has been on top of service and a lot of the big ticket items have recently been replaced. I wouldn't say a car with 60k miles is close to it's "end" nor would I call it a exotic :wave:Again, a 17 year old exotic that is close to end of life on most parts at 60K miles would not make a great daily driver of 50K miles per year!
As long as you love the Esprit and set expectations accordingly (cost of parts, labor, downtime -- will all be a lot), you'll be fine.
Agreed on the 60K comment, totally disagree on the exotic comment. The Esprit is about as exotic as you can get. Limited production, top performance, wild traffic-stopping styling, mid-engine, quirky, british, VERY exotic!I wouldn't say a car with 60k miles is close to it's "end" nor would I call it a exotic :wave:
I agree totally. Its not juts Lotus cars though that get "internetted". Classic Ferrari 308s and the later year Mondials, which are great cars are going for nothing. I blame the internet from a standpoint of people seeing super low prices which are for CRAP cars...but they dont know that. Alls they know is that they hit e-bay and see a nice Esprit going for $14K or a sweet 308 going for $23K and they expect themm all to be priced as such.I'm starting to seriously hate the internet, and what it's done to the perceived value of some things. There is no reason in the world these cars should be at the low price-point they are at...no way...
A nice S4 should be closer to 30K.