This Eight-Year-Old Lotus Evora Is A £24k Depreciation Buster

Owing to the fact that it's largely the same thing as Hethel is still building today, this 2010 Evora offers the ultimate in 2+2 thrills for a price that's falling like a feather
This Eight-Year-Old Lotus Evora Is A £24k Depreciation Buster

One thing that all good tech firms have mastered is the art of releasing regular new models without changing too much each time. That way, you maintain demand for the older models because they’re still relevant and desirable. You already know where we’re going with this.

Lotus has spent the last few years releasing ‘new’ models that are, in fact, microscopically altered in some way. Maybe it’s a slight spring rate tweak and 10kg more downforce. Could be a new, lighter set of wheels and a paint job. Usually there’s a token power increase, but not too much or there won’t be room to increase it by another 10bhp for the next special edition…

This Eight-Year-Old Lotus Evora Is A £24k Depreciation Buster

All that means that Lotuses tend not to depreciate very much, especially the hotter stuff with two seats and a penchant for weekend blasts and track days, a bit like the V6-engined Exige Sport 410 we told you about last week. You could argue that all Loti are the same in that respect, but some are a bit more ‘real world’ than others.

That’s where this little gentleman’s express comes in. The Evora is defined by its two ‘if I have to’ rear seats, useful for kiddies and registered contortionists. Ambitious parents can shove the bare essentials into the mid-engined Evora’s frunk and pretend that it’s a practical family saloon.

This Eight-Year-Old Lotus Evora Is A £24k Depreciation Buster

And you’ll want to do that. This four-seater (well, this 2+2) will make it worth your while. You get 276bhp (no supercharger back then) and a fantastic exhaust note from the 3.5-litre V6, through a five-second 0-60mph sprint and a top speed of 161mph. Average efficiency is definitely not the official 29.9mpg.

We found this Evora V6 at the dirty end of the classifieds, but it’s in anything but bad condition. It was the cheapest on Auto Trader UK at the time of writing, offered by a private seller with a fresh major service, two new Bridgestone Potenza rear tyres and an MOT certificate until August.

This Eight-Year-Old Lotus Evora Is A £24k Depreciation Buster

The seller’s spelling isn’t the best and his ‘full stop’ key must have stopped working, so the advert text is harder to read than a Welsh lunch menu. The gist seems to be that it has plenty of kit, spanning Bluetooth, reversing sensors, cruise control, the Sports, Tech and Premium packs, xenon headlights and more. Much of the good stuff will have been contained within the three options packs when the car was new in 2010.

In its eight years this one has done 79,000 miles; a nice, healthy number that shows the car has been regularly used, but not overused. Its price is an intriguing £23,995 and the Lotus Silverstone service history is a big tick for your due diligence. Lotum are cars that do tend to change hands quite often because they’re so focused and expensive to run, so we wouldn’t worry too much about the fact that you’d be the sixth owner.

This Eight-Year-Old Lotus Evora Is A £24k Depreciation Buster

Instead, look at this Evora as a fantastic Lotus sports car that’s still basically the same as the ones being churned out today, minus forced induction. It has all the possible toys, and it’s still only a third of the price of a basic new one.

Then look at that depreciation. From what would have been a lower price point in 2010 anyway, the Evora has held its money ridiculously well over its eight years. Now it’s the age it is, imagine how little value it will lose from here on out…

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Comments

GTRTURTLE 🔰 🐢(Oo \ S K Y L I N E / oO) (Koen

I like sporty Camrys too

05/07/2018 - 12:16 |
148 | 8

Since this has a Camry engine, does that mean it’s pretty reliable?

05/07/2018 - 18:35 |
0 | 0
Favio W Mendoza

Abt to post a tyler hoovies meme but realised it costs 25k tyler would buy one for like 15k if it was possible

05/07/2018 - 12:21 |
4 | 0
Anonymous

The most underrated car ever made

05/07/2018 - 12:57 |
56 | 4
TheBagel

In reply to by Anonymous (not verified)

Honestly though. Loti are so underrated!

05/07/2018 - 23:41 |
10 | 0
Anonymous

In reply to by Anonymous (not verified)

Never could get myself to like the Evora. Seems somewhat at odds with the Lotus mottos of add lightness. The Exige… that’s where the fun is, without fake rear seats.

05/08/2018 - 06:21 |
0 | 6
HAYABUSA

The article uses the plural forms “Lotuses” and later “Loti” in the same article

05/07/2018 - 14:32 |
2 | 0
05/07/2018 - 14:57 |
24 | 0
Olivier (CT's grammar commie)

“All that means that Lotuses tend not to depreciate very much […]”

“We could argue that all Loti are the same in that respect […]”

Lotum are cars that do tend to change hands quite often […]”

I know you’ve done this on purpose Matt Kimberley and it triggers me to a whole new level

05/07/2018 - 14:35 |
48 | 0

Let’s finally resolve this?
Let’s contact Lotus and clarify what is the correct plural form according to them? And then make an article about it (so it can be used as a precedent and referred to later) and we all use what will then be considered the correct form.

05/07/2018 - 14:52 |
2 | 0

You’re welcome.

05/08/2018 - 18:01 |
4 | 0
Anonymous

Another on…….. Oh wait no it isn’t

05/07/2018 - 14:55 |
10 | 0
57)679&)8

Still a camry tho

05/07/2018 - 16:13 |
0 | 0

Not really, a lot of the parts are ford parts bin

05/07/2018 - 22:56 |
0 | 0
Anonymous

im afraid with my budget the only Lotus I’ll be able to afford is an Elan. $6500 on EBay

05/07/2018 - 17:15 |
0 | 0
Anonymous

Do you what depreciates more? BMW i3. Thanks to Doug Demuro.

05/07/2018 - 22:56 |
4 | 0
Midwest Hoonigan

10k mile per year is “not overused?” I’d say 20k miles isn’t overused. Drive the wheels off of them, they aren’t practical, so enjoy them to the fullest. What are you going to shove in the back seat and/or trunk, a backpack with your laptop in it and a small suitcase for a weekend trip?

05/08/2018 - 05:23 |
0 | 2