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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Race Recap: 2013 Korean F1 Grand Prix crazy enough for Psy [spoilers]
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But let's start at the front of the top ten, where Sebastian Vettel put his Red Bull on pole for the 42nd time in his career. He was followed by Lewis Hamilton in second place by two-tenths of a second, Mark Webber in the second Infiniti Red Bull, and Romain Grosjean in the Lotus in fourth. Out-qualifying teammate Kimi Räikkönen again, the Finn would line up in tenth. Nico Rosberg put the second Mercedes in fifth, Fernando Alonso got the first Ferrari into sixth ahead of teammate Felipe Massa, while Nico Hülkenberg led with the first Sauber in eighth, teammate Esteban Gutiérrez showing the promise he was hired for (okay, and his money) in ninth. Except they'd all move up a place because Webber had to serve his ten-place grid penalty after getting his third reprimand of the season in Singapore. That would get Sergio Perez in his McLaren into tenth. Yes, McLaren needed a grid demotion ahead to make it into the top ten.
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Power will reportedly come from a liquid-cooled V-twin engine sourced from KTM, similar to the one used in the Austrian's brand's own RC8R, but tuned to produce around 200 horsepower. It appears that the powertrain and all its related necessities will be housed in a carbon fiber monocoque (whether the bodywork serves as a stressed member or not, we can't say) in a traditional-looking black (really, exposed carbon fiber weave) and yellow color scheme.
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You'll find the verdicts, lots of tire smoke, and lines like "Anything you can do sideways I can do sideways" in the video below.
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