1970 Lotus Elan Plus 2

VIN: 501782

$16,740

Sold

Seller details

  • Auction

    Collector Cars International Inc

  • Location

    Branson, MO; US

  • Event date

    Apr 19, 2008

  • Lot

    594

Vehicle specs

  • Chassis/VIN

    501782

  • Body style

    Coupe

  • Odometer

    56918 M

  • Transmission type

    Standard

  • Engine Type

    L4

  • Horsepower

    105

  • Induction

    2x2bbl

  • Interior Color

    Black

  • Exterior Color

    Red

  • Generation

    1963-1974 Lotus Elan

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Multi-band radio, knock-off disc wheels.

Condition

#3 Good

Runs and drives well. Flaws not noticeable to passersby. Most common condition.

About Hagerty’s condition ratingsClose

Sound repaint, good interior, scratched chrome. Engine compartment is unattractive and poorly finished. Generally disappointing and not reflecting the claimed 1998 restoration.

Market commentary

From the description (... body off restoration in 1998. The job was finished in 2000 ...) it sat a long time before getting the finishing touches, which is never a good sign. The transaction result indicates two things: 1) the bidders were not impressed; and 2) long wheelbase Lotus Elan +2s don't have much appeal in the collector market. Anyone prepared to put up with Lotus unreliability wants the maximum Lotus performance and handling. That's not included in the Elan +2 package. The seller wasn't hurt however. The car was bought for only US$11,200 at RMs Toronto auction a year prior.

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