Elises/Exiges for sale now the Emira is coming

[W211]

Hi All,

For a while, there's not been too many Elises and Exiges for sale and prices have stayed very strong.

I was just wondering if, now the Emira is launching, and many deposits have been placed, should we expect to see more Elises/Exiges up for sale as Emira deposit holders free up some garage space?

[BertBert]

I would expect the Elises and Exiges to be held on to now they are no longer in production rather than sold. Sure some will, but I don't think any more so than before.

[W211]

Thanks for the reply Bertbert

I am in the tiny minority of people who doesnt care for the Emira, so was rather hoping a bargain Elise might be a possibility!

[worldwidewebs]

W211 said:

Thanks for the reply Bertbert

I am in the tiny minority of people who doesnt care for the Emira, so was rather hoping a bargain Elise might be a possibility!

I think you'll see Elise/Exige prices very much firming up as there's nothing like them available anymore - these are very different cars to the Emira. I have 2 Elises and an Emira on order - it will complement them, not replace them

[nudgerwilliams]

worldwidewebs said:

W211 said:

Thanks for the reply Bertbert

I am in the tiny minority of people who doesnt care for the Emira, so was rather hoping a bargain Elise might be a possibility!

I think you'll see Elise/Exige prices very much firming up as there's nothing like them available anymore - these are very different cars to the Emira. I have 2 Elises and an Emira on order - it will complement them, not replace them

Agree with this. With electrification and regulation very unlikely there will ever again be cars like Elise / Exige as a homologated car. The same / similar might be available in small numbers on a Caterham 7 type basis (IVA). So I think prices will stay strong until (if?) there comes a time when these cars are socially / practically unusable.

I have a Cayman GT4 and an Elise Sport 220 and they are very different things. I think in general the market for fun cars is going to be a bit stronger over the next few years as people who can afford them will look for something very different to their dull daily driver EV for the weekend thrills, and the Elise / Exige is perfect for this.

[CTE]

I think it will be along time yet if at all that we can practically use electric cars. They are questionably no more environmentally friendly, where's the cabling infrastructure and power generation (massive projects using limited recourses and creating loads more C02 in the process)...all very poorly thought out by our authorities.

Think it is more likely there will be a more friendly fuel like hydrogen or something synthetic.

[Shnozz]

Different type of car in many ways. Heavier, more refined, more of a GT/daily than a weekend toy.

Can see why an Evora owner might switch but can't imagine a high % of Elise/Exige owners would automatically head to an Emira unless its those who want the latest shiny Lotus. If they weren't willing to make some sacrifices in having an Elise/Exige I should imagine they would be in a Cayamn/F -Type etc already rather than gravitate from the Elise/Exige to a more refined car simply because Lotus.

[BertBert]

So I'm a two lotus man at the moment. I have an Evora and a 63 Elan racer. I think the Evora will be replaced by the Emira which will in turn be replaced with a Lotus electric sports car when they get there. I definitely feel the need for an Elise as well!

[CABC]

worldwidewebs said:

W211 said:

Thanks for the reply Bertbert

I am in the tiny minority of people who doesnt care for the Emira, so was rather hoping a bargain Elise might be a possibility!

I think you'll see Elise/Exige prices very much firming up as there's nothing like them available anymore - these are very different cars to the Emira. I have 2 Elises and an Emira on order - it will complement them, not replace them

I'd bet a tidy sum Eliges will steadily rise now that people are appreciating there's nothing else like it coming along, from any manufacturer.
I only have a 1.6, and yet I'm thinking that might be the keeper. I also have an Evora S, but that doesn't tickle the same parts despite being great in its own class - that whole 1.4 tonne sports sector is less appealing to me.

Less for sale. more buyers.

[timhum]

I reckon prices will stay firm because as previously said there will be a market for fun cars. As for the cars increasing in value as a result of stopping production I'm not convinced. If that many people wanted them many more would have been sold new and not the very low numbers of recent years. The market for this type of car is small but thank goodness we've had a manufacturer producing them.
I'm an Alpine A110 owner and bought it because I thought it close to a civilised Elise and the Evora didn't do it for me. My reasoning is that I want a sports car that I can use for a holiday and don't have a desire to take part in track days. I appreciate that there are many with the opposite view and the Exige is almost certainly the best car for them.
I must admit to having placed a deposit on an Emira and am really looking forward to seeing how it stacks up against my Alpine.

all the best
Tim

[giveitfish]

Would love a go in an Alpine. Having had an Evora though I’d say the Elise fulfills a different need and I see strong demand continuing.

Even my 1.6 is a full-on fun machine in a much more demanding and exhilarating way than a car you might use as a daily. The Evora is amazingly competent but sometimes that’s not what gets the heart really pumping on a sunny Sunday, especially on B and C roads.

I agree there is only a limited audience of drivers who want to really push it on twisty roads but there are also very few Elise & Exige built and there won’t be any more coming.

I also think the success of the Emira will draw new converts to the brand and some of them will prefer something which feels hardcore in comparison.

[BertBert]

I think that the new to the marque emira owners will all want an Elise as well

[Chamon_Lee]

I disagree with the general opinions on here.
I expected prices will come down.

[Gadzookoids]

Chamon_Lee said:

I disagree with the general opinions on here.
I expected prices will come down.

If true this would be akin to saying that because a manufacturer has launched a new saloon the prices of its hot hatches will reduce. The Exige/Elise serve a different customer than the one the Emira is catering for. They aren’t linked.

[BertBert]

And the very fact that they have ceased production and are around in pretty small numbers means they will hold their price and increase

[WelshRich]

Just out of curiosity I checked howmanyleft.co.uk to see what the numbers were. It looks as though hundreds of owners might be SORN-ing their Elise every winter? Does this ring true or have I misinterpreted the charts?

[jules_s]

WelshRich said:

Just out of curiosity I checked howmanyleft.co.uk to see what the numbers were. It looks as though hundreds of owners might be SORN-ing their Elise every winter? Does this ring true or have I misinterpreted the charts?

Utterly brilliant cars in the summer and truly horrible in the winter - the majority are second cars so seeing them SORN is not surprising

[Sublime]

jules_s said:

Utterly brilliant cars in the summer and truly horrible in the winter - the majority are second cars so seeing them SORN is not surprising

Used to love driving my S1 in all weathers, sun, rain, snow, blizzards, any time of the year really, but then I'm slightly mad.

[Shnozz]

Sublime said:

jules_s said:

Utterly brilliant cars in the summer and truly horrible in the winter - the majority are second cars so seeing them SORN is not surprising

Used to love driving my S1 in all weathers, sun, rain, snow, blizzards, any time of the year really, but then I'm slightly mad.

Surprises me that someone with £20k+ to spend on a garage toy then faffs about sorning it to save a couple of quid and denies themselves the chance to take it out on a dry day.

[CABC]

Shnozz said:

Sublime said:

jules_s said:

Utterly brilliant cars in the summer and truly horrible in the winter - the majority are second cars so seeing them SORN is not surprising

Used to love driving my S1 in all weathers, sun, rain, snow, blizzards, any time of the year really, but then I'm slightly mad.

Surprises me that someone with £20k+ to spend on a garage toy then faffs about sorning it to save a couple of quid and denies themselves the chance to take it out on a dry day.

I suspect they're sorning in winter as they're middle aged and it's a toy they can afford. cold winter drives ain't gonna happen. it's a life-affirming possession as well as a drive. point being, this demographic can more easily keep them now that they'll be nothing like it again. enjoy occasionally, appreciating asset cost peanuts to run = limited supply.