1968 Lotus Elan S3 Se Special Equipment Ex Don Tingle Vintage Classic Race on 2040-cars
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No Reserve Auction
Originally owned by Lotus Elan Expert and Specialist Don Tingle of Tingle Lotus Center, in Cambridge, Mass is this 1968 Lotus Elan S3 SE (Special Equipment Model) Roadster (Drop Head Coupe). It is Chassis # 45/6460, with engine # LP 6989 which is Matching to the Chassis. The car came standard with electric windows (work perfectly). Over the years Don Tingle improved and modified the car so it would not only be stronger, but highly competitive, as well. Items improved are: A new, gusseted chassis (10 years ago) Solid rear axles Custom Isky cams Webers Exhaust headers Oil cooler and aeroquip oil lines Competition shocks Momo steering wheel Roll bar The engine puts out 155 HP. The car was campaigned in local sports car events throughout the years Don Tingle owned it. Don Tingle fully maintained the car, even after he parted with it, as the full box of records (included with the sale of the car) indicate. Approximately $40,000.00 in receipts from Don Tingles shop were collected by the fellow Don sold the car to. Local to Cambridge, Mass sports car enthusiast, George Zahakevich purchased the car from Don Tingle and continued to campaign the Elan in sports car events. 10 years ago George had Don Tingle rebuild the engine, transmission, the solid mounted rear end and service everything else (as the records show). George put 2,000 miles on the car during his ownership and stated that the car had 13,000 original miles on it when he purchased it. Making for a total of 15,000 miles. The speedometer is working and the odometer is not. The Florida title shows 2,244 miles and the cars odometer shows 2,245 miles. George moved to Florida and his health began to fail. The car was parked about 5 years ago and sat. George had intended to replace and repair the items that needed attention. These items are: The seats covers need to be replaced (new original type upholstery, black are included) The carpet is not in the car (new original type carpet, black are included) The car should be repainted (paint crazing and chips, as well a small repairs that have been done around the trunk hinge area need sanded and resprayed) There is a 5 square inch area on the lower left side of the windshield that is de-laminated The windshield gasket and the door gaskets should be replaced There is a new dash board (already installed), A new glove box and glove box door, new head light rings, new interior windshield trim pieces, a new center console and a arm rest pad are included with the car. A new starter was install within the month. The original radio is also included. Missing are the SE badges, one interior door handle trim ring, one tag light, four wheel trim rings and a few roof frame cover buttons. The top is in good overall condition and quite usable. The body is very straight and solid (even the floors). The wheels are not bend, but do have scratches from the trim rings that were once applied to them. The wheels should be repainted. The tires are period correct Michelin XAS's and have plenty of tread, (as shown in the photo). Since I have owned the car I have been able to get the engine running, the brakes work properly and the transmission shifts fine, with no crunching or grinding. No unusual noises from the rear end. I am in the midst of trying to separate the clutch disc from the flywheel. It is a standard issue with these cars, when sitting for a period of time. With very little effort this wonderful Elan can be made to be quite presentable and it will have remarkable performance capabilities. With provenance, this 1968 Lotus Elan S3 SE is available at NO RESERVE for a staring bid of $18,000.00 Sold as is and void of any warranty. A $1,000.00 deposit, through paypal must be received within 24 hours of the close of this auction. The balance must be received within 7 days of the close of this auction by way of either cashiers check or bank wire. Shipping soley by the buyer |
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Auto blog
Lotus offers Exige S Roadster for sale, but not in North America
Thu, 23 May 2013The first thing you need to know is that this is the Lotus Exige S Roadster, unchanged from the Exige S even in price and officially the fastest convertible Lotus has ever made. The second thing you need to know is that if you live in the US, you won't be getting this car.
Now that that's out of the way, the lack of a roof, rear wing and front splitter help make it 22 pounds lighter than the coupe, coming in a 2,565 pounds, and the supercharged 3.5-liter V6 in this topless blossom discharges 345 horsepower and 295 pound-feet of torque. For historical comparison with a non-convertible, those numbers nearly match the 2004 Lotus Esprit V8 Final Run edition - which had twin Garrett turbochargers. Yet the Exige S gets from a stoplight to 60 miles per hour in 3.8 seconds, nearly a full second quicker than that Esprit. Fair play, though, the Esprit did weigh 3,040 pounds.
It will be fitted with a six-speed manual only, and cost 52,900 pounds ($79,667 US), 55,378 euros ($71,404 US) or 8,500,000 yen ($82,078 US), depending on where you live. Here in the US we'll be sticking with the track-only Exige V6 Cup and Cup R models. The press release below offers more on the fine points.
New Lotus owners ditch ambitious five-year plan
Thu, 26 Jul 2012This didn't take long. The new overlords at Lotus have reportedly scrapped the company's five-year plan. DRB-Hicom ditched the turnaround strategy, penned by ousted CEO Danny Bahar, because it believes the market viewed the plan as overly ambitious.
The new product plan will slim the number of new model lines from five to three, and Lotus will likely slash the number planned consultants in favor of relying more heavily on in-house talent. According to The Star, the move should help expedite product development and save cash at the same time.
Even so, nothing is written in stone as of yet. DRB-Hicom says the new plan will take up to a year to finalize. The company has dumped around $242 million into Lotus so far this year, and the struggling automaker may require another $121 million by 2013. Lotus all but stopped production earlier this year during a loan freeze, but the lights came back on in April. The company now produces around 44 vehicles per week.
Lotus stepping up to LMP1 in World Endurance Championship
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Audi and Toyota will each be back on the grid this season, joined by Porsche. But the latest news has Lotus stepping up to the big leagues also. (Well, sorta: the German-run squad uses the Lotus name and colors, but has no more to do with the automaker than the Formula One team of the same name.)
The Lotus LMP1 will be based on the same Lola-based T129 chassis used until now in the LMP2 class, with former F1 driver Christijan Albers leading the driver lineup. In addition to Audi, Toyota and Porsche, the solitary Lotus entry will also compete against privateer Rebellion Racing in a nine-car LMP1 grid throughout the season.