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Lotus Europa Forums => Classifieds Forums => eBay - Craigslist Ads - Other Listings => Topic started by: 2766R on Monday,January 22, 2018, 02:36:07 AM

Title: Hemmings: Europas for Sale
Post by: 2766R on Monday,January 22, 2018, 02:36:07 AM

I guess for someone with deep pockets:

https://www.hemmings.com/classifieds/dealer/lotus/europa/2061864.html

and:

https://www.hemmings.com/classifieds/dealer/lotus/europa/2049245.html

Is it me, or is the value of Europas really starting to go stratospheric?  Hemmings factor?  Dealer inflation?

Title: Re: Hemmings: Europas for Sale
Post by: Lou Drozdowski on Monday,January 22, 2018, 05:51:18 AM

Having been around Europa's for 40+ years, market value increases have significantly climbed in the last 10 years.
 As with the passage of time and availability, the Europa has established itself a  "sport/enthusiast's" vehicle...thus with it's racing heritage pedigree, there will always be a brand value included.

If we go back say, 20 years...a clean, running, low mile original would fetch 10 to 15k...
On average add one thousand every year...(per the Hagerty guide)

If you consider options...JPS, Special w/ 5 speed, weber head, add a few more bobbles.

There will always be that exception, however if I were to consider the above mentioned cars...each have a distinctive merit to them. I would value them closer to 35 to 40 range, with the black special getting the nod due to it's maintained unmolested condition and very low miles.






 

Title: Re: Hemmings: Europas for Sale
Post by: tedtaylor on Monday,January 22, 2018, 08:54:58 AM

interesting price difference and I would have thought the original configuration black one would be priced at the $55K and the red/maroon modified would be priced at the $45K numbers.   Are they thinking the Weber head accounts for that $10K difference? I'd much rather have the black original configuration over the highly modified red one, but i guess that's why there's always vanilla and chocolate, right?

Title: Re: Hemmings: Europas for Sale
Post by: 4129R on Monday,January 22, 2018, 11:30:03 AM

Well those two seem to have set the bar very high.

I shall have to improve my quality.

Alex in Norfolk.

Title: Re: Hemmings: Europas for Sale
Post by: surfguitar58 on Monday,January 22, 2018, 11:53:33 AM

Do car prices fluctuate like the stock market? Could we be experiencing an Europa bubble?

Title: Re: Hemmings: Europas for Sale
Post by: jbcollier on Monday,January 22, 2018, 12:44:06 PM

If they are flying out the door at those prices, then, yes, a bubble.  If they are asking that much and never selling, seems about normal ;-)