1974 Lotus Elite Only 2225 Total Made From 1974-1980 on 2040-cars
Mankato, Minnesota, United States
Body Type:Coupe
Vehicle Title:Clear
Engine:Matching number Lotus
Fuel Type:Gasoline
For Sale By:Private Seller
Year: 1974
Number of Cylinders: 4
Make: Lotus
Model: Other
Trim: Standard
Power Options: Air Conditioning, Power Windows
Drive Type: RWD
Mileage: 19,650
Exterior Color: Burgundy
Warranty: Vehicle does NOT have an existing warranty
Interior Color: Tan
I am selling this car for a neighbor of mine that is an 85 year old optometrist. He has had the car for a number of years and while in his ownership has had it painted, engine overhauled, had carbs rebuilt, new electric fans, water pump, and thermostat. He has not driven the car much and now he can't get into it. I have driven it to check it out and it seems to run well. It starts, stops, and drives well. The AC works as does the radio. It has power windows but the passenger does not operate. The tach works but the speedometer does not. It is a 39 year old British car and will need some tinkering. According to the 2013 Sports Car Market price guide there were a total of 2225 of these made from 1974-1980 and has a buy-sell range of $7500 low-$10'000 high. The car is given a D Grade for investment (Cars that had the potential to be interesting but failed to be successful in the collector car marketplace). It is however given a **** star rating for appreciation meaning it will outperform the market at large; perhaps 10% gain in 12 months. You can call me with questions, Mike @ 507-560-5015 or Bill the owner @ 507-388-4070.
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