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Re: For Sells Lotus Elise S1

Posted: Thu Feb 18, 2021 7:19 am
by Rich B
mik wrote: Thu Feb 18, 2021 7:09 am A new one Duncs, or send to someone like Jim Royal for a retrim?
Image

Re: For Sells Lotus Elise S1

Posted: Thu Feb 18, 2021 8:29 am
by duncs500
mik wrote: Thu Feb 18, 2021 7:09 am A new one Duncs, or send to someone like Jim Royal for a retrim?
Well I think it's more or less the same price for a new one as a re-trim! I would prefer more of an alcantara feel than the current leather. :?

Re: For Sells Lotus Elise S1

Posted: Thu Feb 18, 2021 8:32 am
by mik
Ah oK - had not appreciated that.

Re: For Sells Lotus Elise S1

Posted: Thu Feb 18, 2021 8:43 am
by duncs500
Something to consider I guess though, I think you can get the OEM wheel re-trimmed with that kind of finish too.

Re: For Sells Lotus Elise S1

Posted: Thu Feb 18, 2021 10:47 am
by scotta
duncs500 wrote: Thu Feb 18, 2021 8:43 am Something to consider I guess though, I think you can get the OEM wheel re-trimmed with that kind of finish too.
https://www.ompracing.com/en_gb/car-kar ... 44851.html

Its this wheel but in a limited edition red trim. Cant buy that anymore.

Re: For Sells Lotus Elise S1

Posted: Thu Feb 18, 2021 10:28 pm
by scotta
Mot passed - no advisory’s!

Re: For Sells Lotus Elise S1

Posted: Thu Feb 18, 2021 10:53 pm
by Matty
scotta wrote: Wed Feb 17, 2021 12:07 am
Matty wrote: Tue Feb 16, 2021 10:33 pm Was a V6 Exige on the radar at all?
Not in budget.
You know I never clicked on the advert and assumed it was a mid-£30k car from the pics and spec. Seems a great price.

Re: For Sells Lotus Elise S1

Posted: Fri Feb 19, 2021 9:27 am
by Ascender
I'd still love an S1. They're just so iconic and my friend had a couple when they first came out - every time I see a picture of one I can immediately remember the sensations of driving it - something that's not happened with many cars over the years.

Re: For Sells Lotus Elise S1

Posted: Thu Feb 25, 2021 10:56 am
by scotta
Sale report!

Ive had 4 or 5 bites on the adverts but no firm offers yet. Got a guy coming to see it at the weekend.

Have spoken to collecting cars. They are keen to sell it on their platform but have suggested a low reserve of £10500. Which seems a bit risky to me. I'd laugh at a punter who offered me that much but would be duty bound to sell it at that price if the bids didnt go over.

Re: For Sells Lotus Elise S1

Posted: Thu Feb 25, 2021 11:05 am
by Broccers
scotta wrote: Thu Feb 25, 2021 10:56 am Sale report!

Ive had 4 or 5 bites on the adverts but no firm offers yet. Got a guy coming to see it at the weekend.

Have spoken to collecting cars. They are keen to sell it on their platform but have suggested a low reserve of £10500. Which seems a bit risky to me. I'd laugh at a punter who offered me that much but would be duty bound to sell it at that price if the bids didnt go over.
I guess thats the gamble, you may well get more than you expect.

Re: For Sells Lotus Elise S1

Posted: Thu Feb 25, 2021 11:09 am
by Foz
75% of sales on there fall through by all accounts, all they are interested in is their cut..

Re: For Sells Lotus Elise S1

Posted: Thu Feb 25, 2021 11:12 am
by Jobbo
Foz wrote: Thu Feb 25, 2021 11:09 am 75% of sales on there fall through by all accounts, all they are interested in is their cut..
75% fall through? WTF? Surely you'd expect a bit of assistance from an auctioneer if you're the seller. It is an auction, bidding should be binding.

Re: For Sells Lotus Elise S1

Posted: Thu Feb 25, 2021 11:14 am
by Rich B
It's only been 10 days and it's a specialist car and it's covid and it's winter... unless you are desperate, I'd give it a bit more time!

Re: For Sells Lotus Elise S1

Posted: Thu Feb 25, 2021 11:15 am
by scotta
Rich B wrote: Thu Feb 25, 2021 11:14 am It's only been 10 days and it's a specialist car and it's covid and it's winter... unless you are desperate, I'd give it a bit more time!
Im not desperate just looking at the options and chatting with you guys. Mrs A wants to keep it!

Re: For Sells Lotus Elise S1

Posted: Thu Feb 25, 2021 11:20 am
by Broccers
Jobbo wrote: Thu Feb 25, 2021 11:12 am
Foz wrote: Thu Feb 25, 2021 11:09 am 75% of sales on there fall through by all accounts, all they are interested in is their cut..
75% fall through? WTF? Surely you'd expect a bit of assistance from an auctioneer if you're the seller. It is an auction, bidding should be binding.
What do the terms say if that happens? Must be a clause for them to get some money.

Re: For Sells Lotus Elise S1

Posted: Thu Feb 25, 2021 11:20 am
by Rich B
scotta wrote: Thu Feb 25, 2021 11:15 am
Rich B wrote: Thu Feb 25, 2021 11:14 am It's only been 10 days and it's a specialist car and it's covid and it's winter... unless you are desperate, I'd give it a bit more time!
Im not desperate just looking at the options and chatting with you guys. Mrs A wants to keep it!
my opinion is that its not depreciating (if anything, it's appreciating as you get closer to summer and the possibility of track days), so if you aren't desperate for the money right now, you hold out for the most money.

Re: For Sells Lotus Elise S1

Posted: Thu Feb 25, 2021 11:59 am
by Foz
From their FAQ

What happens at the end of the auction if the auction lot sells?


When an auction lot sells successfully on the platform, a 6% premium (as detailed in our fees section below) is automatically deducted from the winning bidder’s credit card. This is a fee for using the platform and not a down payment on the auction lot. The seller and buyer are then digitally ‘introduced’ to complete the transaction.

Re: For Sells Lotus Elise S1

Posted: Thu Feb 25, 2021 12:01 pm
by Foz
Jobbo wrote: Thu Feb 25, 2021 11:12 am
Foz wrote: Thu Feb 25, 2021 11:09 am 75% of sales on there fall through by all accounts, all they are interested in is their cut..
75% fall through? WTF? Surely you'd expect a bit of assistance from an auctioneer if you're the seller. It is an auction, bidding should be binding.
Nope.

Many many disgruntled sellers and buyers out there.. various PH threads and FB chats pulled.

Re: For Sells Lotus Elise S1

Posted: Thu Feb 25, 2021 12:50 pm
by Carlos
scotta wrote: Thu Feb 25, 2021 10:56 am Sale report!

Ive had 4 or 5 bites on the adverts but no firm offers yet. Got a guy coming to see it at the weekend.

Have spoken to collecting cars. They are keen to sell it on their platform but have suggested a low reserve of £10500. Which seems a bit risky to me. I'd laugh at a punter who offered me that much but would be duty bound to sell it at that price if the bids didnt go over.
Give it time and even then you've still got Foz's £5,000 to fall back on.

Re: For Sells Lotus Elise S1

Posted: Thu Feb 25, 2021 2:27 pm
by scotta
Carlos wrote: Thu Feb 25, 2021 12:50 pm
scotta wrote: Thu Feb 25, 2021 10:56 am Sale report!

Ive had 4 or 5 bites on the adverts but no firm offers yet. Got a guy coming to see it at the weekend.

Have spoken to collecting cars. They are keen to sell it on their platform but have suggested a low reserve of £10500. Which seems a bit risky to me. I'd laugh at a punter who offered me that much but would be duty bound to sell it at that price if the bids didnt go over.
Give it time and even then you've still got Foz's £5,000 to fall back on.
Ill be keeping it before accepting £5k