1959 Lotus Elite

VIN: 1110

$64,738

Sold

Seller details

  • Auction

    Christie's

  • Location

    London, UK

  • Event date

    Jun 11, 2002

  • Lot

    93

Vehicle specs

  • Chassis/VIN

    1110

  • Body style

    Coupe

  • Interior Color

    Grey, Black

  • Exterior Color

    Yellow

  • Generation

    1957-1963 Lotus Elite

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

RHD. Silver wire wheels, 75hp Climax engine. Elaborately restored in 1990 by Mill Lane Engineering as a capability demo. Featured in Classic Cars then sold and unused since. Appears to be just like a new car, although not immune to the intervening years and displaying some erratic panel fit.

Market commentary

This price represents about 1 3 more than the value of a comparable Elite and prompts the question, Just whats so special about this car It is well restored, to be sure, but its also been sitting for over a decade. This transaction sounds like $20,000 instant depreciation

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