Elise prices. What's going on?

[StevieBee]

This is a question of curiosity - I'm not looking to buy or sell but motivated to enquire as a result of insurance renewal that has revealed what seems some odd things on the prices of Elises.

I got a 2007 S2 a year ago. Paid £17k. 44k miles and in very good condition, history, etc. GoCompare suggests that current market value of the car is £13k yet I'm struggling to find anything comparable on the market for anything less than £25k.

Did I bag the deal of the year or have I really made £8k on it in 12 months?

[StevieBee]

Zarco said:

Without doing too rigorous with my research, I'd say a 111R would be worth around £17-20k currently. Not £25k, nor £13k.

That's my thinking too.

As others have noted, asking and getting are separate entities. Will be interesting to see what happens over the next few years.

Part of my justification process for getting one was that should I ever need the money in the future, it's unlikely that I'd loose much, if anything, on the original purchase price.