Lotus Emira Prices Continue To Tank | Should You Get An Evora?

[@fourwheeltrader]

*What car would you like to see analysed next?*

[@Casey-kw9lf]

The Ghost?

[@sritwik1]

2024 Integra Type S!

[@MovieCorner]

Lamborghini gallardo

[@MovieCorner]

Honda nsx

[@MovieCorner]

Ford GT

[@mpc007]

They're not tanking over here in Europe. Still around 100k. Would love to see them getting affordable one day

[@MP55347]

no they are not there are ones in the UK selling for 66k Euros and in Germany for around 80k Euros. Only place they are still over 100k are in Spain but all cars are expensive in Spain.

[@Jose344fg]

driving one from march 2023 and put 15k km on it, every time i have i drive it, no issues, and this v6 manual is pure fun, so lucky for people to be able to buy it soon for 5k $!!

[@edwardspiegel4489]

For 5k? What do you mean??

[@Jose344fg]

@ ironic comment buddy

[@dBsdecibels]

Appreciate the analysis! Friend is considering an Emira, so i forwarded your video to him. Thank you!

[@Aaronozard]

A main issue is the original msrp is to high to start with....cars are just to expensive and they find their price that people are willing to pay. Deprecation was always a thing.

[@ghostridertom]

But it is not a Golf R... It is all aluminium monocoque, all wheel double wishbone special sports car. People cannot expect it to be 50k new... I have many cars and driver experience in a Lotus Evora/Emira is touching exotic car territory for a fraction of the price. Never can a hatchback or even M3 for example touch souch emotion as a Lotus.

[@strmshadow8411]

​@@ghostridertom Still a little too pricey for what it is and competes against.

[@simonbussey7530]

You can buy a Porsche Cayman GTS with a proper high reving sports car engine for similar money. Not have to deal with difficult dealers or suffer the huge depreciation. It makes the Emira a tough choice.

[@strmshadow8411]

@@simonbussey7530 The issue I have with the Cayman's are their gearing and they're too clinical. It would be a world beater if Lotus put a high revving v6 or v8 and prices reflected it 85k (V6) 100-120k (V8).

[@royshavrick]

@@ghostridertomI mean there's the C8 Corvette for like 30k less than an emira.... wish this thing was around a corvette in terms of price at least.

[@Paisis1]

Great video! this is why I bought my 2020 Lotus Evora GT. Much less depreciation the Emira, even though is high miles car and still worth good money. The best part is that you get the best sport exotic analog car money can buy! A drivers car not a show car. I love driving the car. If you are one of the lucky ones to own one ENJOY it by driving it!

[@Jay-xr3sb]

£88k new in the UK there are about 100 used with very little miles from £58k. A 35% drop on a 1-2year old car with less than 5000 miles

[@ghostridertom]

For 58 it is a steal.

[@Jay-xr3sb]

@ghostridertom not in this market, people are really suffering with high mortgage rates in the uk (we tend to lock into 2-5 years deals), plus inflation is way higher with taxes at thier highest for decades. 58 was a bargin 3 years ago, now it a sinking stone

[@davids8151]

I love them but the dealer network is lacking.

[@SH57578]

Evora GT is a rare car by rare car standards. I’ve already seen more Emiras in austin than Evoras, and one had a 12 year production run vs 12 months.

[@glen30-kx5st]

It's a great looking car IMO. Also, very few sports cars come with a manual nowadays.

[@Peanutdenver]

Emira, Boxster, Cayman, 911, Corvette...any more?

[@salami99]

All at 100k here in the us. Prices are high. Tank is a very creative title.

[@fourwheeltrader]

Tank refers to the British market. US data is included as well

[@stephen300o6]

They are losing no more than a Porsche Cayman via autotrader.

[@VK6AB-]

@@stephen300o6 lol only the turbo 718 and 718s not the NA cars.

[@gbarton800]

Good analysis… My head says Evora based on dollars. My heart says Emira based on emotions.

[@e5141981]

I love it, hope it keeps going down so i can buy one

[@rdiamond655]

Excellent analysis. I’d add that the last Emira to sell on BaT sold for $93k with less than 2000 miles and the last one on C&B sold for $95k (a premium for being Stradmans car?). It seems like the Emira is going to align with Evora. Which do you prefer, the rawer Evora or the more usable (and beautiful) Emira?

[@bkdp]

That last one on BaT that sold for $93k comes out to $97,650 after the buyer's fee.

[@rdiamond655]

@ yes, but it still sets the bar lower for what people perceive the value as. And it is what the seller was paid meaning they thought it was fair value.

[@feralc]

@@rdiamond655buyers fee is always factored into the bid, people know is bid plus 5%

[@drumminsensation]

UK Car market is kinda whack though. Living here, you can get a LOT of car for your money nowadays, we have an insane lease market, people love a good lease and they justify it as avoiding depreciation. Buy a 2-3 year old car and you'll be saving 50% in a lot of cases... The fact you can get Mclaren 650S for 75-80k and 720s prices are getting closer and closer to 100k is really nuts. Thats so much car - objectively they're not cheap by any means, they're still super cars but the cost of insurance and running in UK is where Europe beats us out big time.

[@patrickstarr87]

I can’t wait to get one 💙💙💙

[@justinminer1354]

Coming from an Evora GT owner, just pick the car you prefer. If you plan to make it anything close to a daily driver, get the Emira because the Evora's comfort level is near to a track car. I'm pretty ready to get out after like 1.5-2 hours of driving 😂 I got the Evora for the body style and I like having a back seat, even if the kids don't even like being back there.

[@zachb.8199]

Extremely underrated KZbinr. Excellent breakdown. Not sure if you’ll see this but if you do, question. Do you think we’ve finally hit the regular depreciation curve (not in the COVID bubble anymore?) or there’s still some correcting to do? I’ve been waiting almost a year now to grab a super car but I’m not 100% sure if it’s the time. I was debating a 2018 720s (fully loaded, good price) 2018 488 GTB decent spec, 2022 Ferrari F8. Which one do you consider to be the more stable purchase? Would you buy now or wait. Thanks What do you think the price of 488, 720s, F8 would be in 5 years in USD? Just for fun haha

[@rowan1043]

Thank you so much for the video!!!

[@jeidmann]

This is a matter of simple supply/demand. UK got the cars first, then Germany. Because the U.S. was delayed more UK/Germany cars were built causing an over supply (Germany delayed from UK) while the demand in the U.S. became pent up. Finally the Emira was approved for U.S. roads and now, what was once a supply shock is now slightly over supplied. This is all short term, as long as Lotus balances supply/demand going forward. Long term, if Lotus stays true to their word (and they're already hedging given the success of the Emira), once production on the Emira ends it will truly become a collectors car, given it's (supposedly) the last ICE car they will make...end of an era. If Lotus were smart they would dribble out production going forward...but they need to make money and will probably over supply the car driving the price down. I finally got to order mine after an 8 month wait...looking forward to it and not worried about long term value...I'll wring it out at the track.

[@Casey-kw9lf]

Have we considered a market analysis of the Rolls Royce Ghost?

[@rossross8224]

my wife drives a lotus emira ,she loves it drives it every day , she dont care if it drops or not ,she just loves the car , drives amazing never had a problem with it and think she got 10,000 miles on it after 8 months , you probably loose more money drinking lol

[@TheNorville2]

Good I am looking to buy one, so maybe I should hold off for a while..

[@BCNeil]

Yes wait. In another year the warrantee will be over and the leases will be returned. Huge price drop on these. The residuals on these leases are higher than market value substantially.

[@mattyb1624]

A 2 year old BMW M3 loses 50% value or more, the Emira is doing perfectly fine.

[@wheretheroadends]

Good day, a fan of the channel and appreciate the data. Any chance you could look at the AMG SLS market?

[@fourwheeltrader]

It is included here around the 10: 30 mark: kzbin.info/www/bejne/h2a2ZHWhhcabaLcsi=2oKi3KjxFLrgfsAp

[@dawidjlb2589]

I was trying to understand why in NL i cannot find 3.5 enigne version but only 2.0 and it is so because they fight with co2 and now i have learned that this car (2.0) cost just 50 000 euro incl vat, 71 000 euro is BPM tax (co2/luxury good tax hidden in price) and that every car is worth 1/3 of it's price depends of a country you are living in because all countries have some form of an tax but for me a fact that goverment takes 2/3 of a money is insane because i thought i cannot afford this car but its seems pretty cheap excl taxes, taxes imposed by people who flies on plane every weekend, it also means that normal car for let's say 30 000 euro is actually worth 10 000

[@synetic]

the ones in Canada seem to be holding around original MSRP, which is annoying.

[@harald.370]

Thank you for the insight 👍

[@nbaumg]

I drive my emira roughly 1k miles per month, driving the value down into the ground. like what you are supposed to do! I sure didnt buy this as an investment

[@rossross8224]

exactly , you sound like my wife she done 10000 in 8 months , enjoy .

[@emsmkivgolf]

Evora is the way to go. Value is holding steady and it is a rarer/sportier car.

[@andyirwin70]

UK depreciation is more than the videos shows...low miler V6's are £60k retail and less private. Harry Metcalfe selling his was a big signal for the market. He got £56k but that was on a part ex against McLaren.

[@jebwatson]

I love the Emira, but I bought an Evora :)

[@tomaszstarzZz]

Would love to buy an Emira with open hard top. I don’t see a point to buy a sport or super car where you cannot open a roof.

[@Jonathanoncars]

I love your channel. Can you do one for the BMW X5 current generation versus the previous generation?

[@MovieCorner]

But is the evora a good car?

[@simonbussey7530]

The depreciation in the UK is ridiculous. It surely can't continue at this rate? It must level out soon. There must be owners who bought them new on finance expecting them to hold some value and be sitting on some huge negative equity loss.

[@Jay-xr3sb]

Rates up, no one has cash, they'll be throwing in the towel in these and market will have more supply than demand.

[@wassimbouayad8140]

Love the video! Can you do an update on the amg gt/gts/gtc/gtr?

[@fourwheeltrader]

That's great to hear. The amg gt series is included over here: kzbin.info/www/bejne/pKvIpqKZoJuCpJY

[@MrVonspace]

Here in Italy is even worse. I've bought my v6 emira in april above msrp for 115k€. I've sold it in september after 8k km of pure fun with a HUGE loss. It's even been difficult to sell it. I've sold it for 80k with a 30% loss. Now the dealer who bought it is trying to sell it for 97.900€ ..good luck with that!

[@theclutch19]

Time for you to revisit McLaren 570S coupe vs spider

[@fourwheeltrader]

It is included in one of the upcoming videos

[@AlexLanceley]

Is the UK depreciation influenced by the competitive finance offered on new cars here? With a decent deposit an Emira is offered at 0% finance, where you could be looking at over 10% on a preowned one. 90k borrowed over 5 years at 0% is the same monthly cost (roughly) as 70k borrowed over 5 years at 11% (I know I’ve ignored deposit here). That would really tempt me to a new one over a preowned if I was going to end up paying the same.

[@verynormalman]

Great content. Thankyou.

[@actionarslan]

If I’m market is indicator, these things will line up w evora. So the choice is which one you want?.

[@accordv6er]

Wish it came with non digital gauges...

[@andrewfessler7203]

Honestly car should be worth no more than a C8 corvette or Supra so I will get one if I hits the 60k maybe 70k in us market

[@ghostridertom]

Those cars are joke compared to this Lotus. You can never compare those platforms as far as driving experience goes.

[@strmshadow8411]

You're going to be waiting a while. I believe the correct market price to be around that 80-85 mark though.

[@dallasisbetter3241]

The c8 is a joke? lol yeah ok buddy. Hands down, c8 best value sports car period

[@stlswagger]

Still sitting around 100k in the US.

[@fourwheeltrader]

US market is included as well

[@stlswagger]

@@fourwheeltraderpoint was it'd be nice for these to be around UK prices. The Evora seems to be the better purchase. I see a lot of the Emira's listed just too high. There are better cars at that price point

[@mattross7901]

Tried to buy one earlier this year but the dealership was useless, so bought a 718 GT4 instead - the GT4 is far superior car and can’t help but think I dodged a huge depreciation bullet

[@samnich12321]

Also like 70% more money. So id sure hope it’s a better car.

[@Jdmitchell308]

No its not. Any car with mcpherson struts is not . The issue is just forced.

[@mattross7901]

lol triggered much?

[@mattross7901]

@@samnich12321 nope

[@caymanblack9567]

I would much rather have the Lotus though.

[@IblameMarc]

The prices in Germany are still more or less the same. The cheapest brand new car is currently 74.782 EUR plus VAT.

[@fourwheeltrader]

German data is also included

[@triaxe-mmb]

Cars aren't meant to appreciate from new to used unless they are an extremely limited production version...amd even then they arent supposed to immediately go up...

[@topend2282]

Not here in the US unfortunately 😅

[@petermichaeljeker9264]

But why?

[@larentaestamuyalta6132]

Good finally the regular joe can buy one ,

[@sleepwalker29]

The 430 Cup Exige is lighter and faster. So People in Europe don't desire the Emira, but they do want the Exige.

[@Hmmmmmmnm]

What % of cars aren’t losing value rn and % are gaining value?

[@artlorddavis5836]

Lol strad just sold his for $95k. In the UK market however they're much cheaper. Why? Because they're literally made there and there's way more supply and easier access to them than in other countries. For many other countries they maintain the value or even go up in value depending on how rare they become there. The main depreciation has only just been happening in the UK

[@fourwheeltrader]

Yes, US market is still strong as shown in the video.

[@andrewwoulfe6579]

not in the USA. Prices are going up

[@fourwheeltrader]

Did you see the trend for the USA in the video?

[@andrewwoulfe6579]

@@fourwheeltrader More responding to the heading. I think Lotus flooded the UK but the rest of the world had to wait. Not a good plan. Now they have raised the base price for the Emira in the US. Shopping a "used" Emira now and trading my Evora. good video, but I think time will tell. Lotus is rarely a good investment, but almost always a good car.

[@ThePedroDB]

Short answer: "No". Bide your time and buy a mildy used Emira after the bulk of the initial depreciation has stopped. You could end up paying more for an Evora and get a much older car

[@infillvaluecreation]

Didn’t strad get 92 usd? There’s a nice data point

[@fourwheeltrader]

Seems to be roughly in line with the US trend.

[@alblunt9306]

Used a small displacement v8

[@tyriddik2282]

EX30 as it's only just now about to get to the US market.

[@shanehill4278]

it looks great for 5 year old buyers

[@aebk8439]

STRADMANS v6 with just 1300miles recently sold on Cars and Bids for $95k.

[@fourwheeltrader]

Seems to be roughly in line with the US trend.

[@a64738]

Car prices on used cars is going crazy here in Norway... People have stopped baying new cars because of the new insane rules dictating you must have a automatic speed limiter and because they have almost stopped taking in non EV cars, but no one want the EV cars and the inventory is full of cars no one wants. Much of it has to do with that the corrupt Norwegian bandits (called government) decided that all sales of new cars have to be electric only from 2025, and they only postponed that ban now right before 2025 when they realized ALL car sellers in Norway would go broke.

[@lawrencelin272]

good, they targeted to start at 60k gbp and then got greedy despite multiple delays

[@Jay-xr3sb]

They're at high £50's now, trade is much less

ok, you noticed cars depreciate..

[@LyricArtAI]

Alpine A110 👍

[@BarryWMedinaMusic]

Knew this was going to happen because they only gave it 400HP

[@bjholland8322]

The emira is still expensive in the us

[@hEXordo]

Not in the usa

[@RaspberryMeatsicle]

The answer was yes already

[@Peanutdenver]

The Emira is so much better looking than the Evora, so the Emira would be my only choice if I sold my 718 GT4.

[@patrichspiazza2411]

Tante in vendita, e scommetto che saranno quasi tutte con mototre Toyota 3.5 V6. Gli acquirenti hanno acquistato a scatola chiusa e si sono trovati un motore imbarazzante sotto una macchina che meritava molto di più. Diciamoci la verità, quel motore è fermo!!! Tutt'altra storia riguardo la versione i4 AMG, che spinge veramente forte, motore posizionato più in basso e più centrale, dinamica migliore, nemmeno da paragonare alle versione v6.

[@davidpereira9058]

Honestly I don't understand it.. it's a stunning car.. if I had the cash I would Def buy one.

[@dlj1285]

Anybody buying any of these types of cars thinking about the money involved, well, you are missing the point of them. Anyone who is worry about depreciation is both missing the point of them, and it is basically an indication that they cannot afford the vehicle. Plain and simple. But then again, that's not all that surprising. Most people buying these things probably cannot truly afford them anyway.

[@Jay-xr3sb]

Yep, that's why they tank. People buy on finance/lease, leaving loads in the market later. I can't take that kind of hit, for my 981S is holding steady

[@VinCode17]

I still want one 😂

[@Frakaphoto]

émirats was sold 20 000 euro too high

[@ryshask]

NO!

[@PierreCalifornia]

Where ? There still 100k I checked 12 different places there is no place selling this car75k 😂😂😂😂

[@andrewrossnagel9433]

I believe he is referring to UK prices. Emira is tanking overseas

[@davidsparavec8996]

@@andrewrossnagel9433it’s tanking in any country that’s in recession or about to go into recession. That applies to all exotics in those countries. This guy if full of shit. Worst clickbait I’ve ever seen. Any one in those countries that the sports car market has been affected is tanking because the high paying jobs have tanked.

[@fourwheeltrader]

For the US trend you need to look at the US part of the video.

[@perigosu8449]

It's a 4 year old car... 😅 I already forgot about it.

[@TitaniumDR1]

They're trying to turn cars into cell phones. There's no reason in the world we don't have swappable universal battery packs. Lightning cable....... You get to play the betamax VHS game until they decide to play nice together. I'll keep my gasser till they get their shit together.

[@cn0503]

Get a cayman or boxster 4.0 and you won't lose a dime when you sell it

[@davidsparavec8996]

Rubbish. Took me 2 minutes of research to confirm this.

[@Jamesgarethmorgan]

Yeah - but you get to own a Porsche. Everybody owns a Porsche.

[@Jay-xr3sb]

​@@Jamesgarethmorgan'everybody'

[@mattyb1624]

There's no way in hell I would pay the same or more for an Evora than an Emira.

[@EvoraGT430]

Your loss. Evora is lighter, faster, better in many ways.

[@frankbasile3662]

​@EvoraGT430 But Emira is so much nicer looking inside and out and still a fast ,excellent handling auto,.Emira much more enticing in all aspects

[@mattyb1624]

@EvoraGT430 another myth. 23Kg lighter, makes zero difference. That's about one blokes chubby belly. I'm sure the Evora is great since they're similar in chassis and drivetrain, but the Emira is an improvement upon that architecture.

[@vector409]

Emira is a great car to drive, it has many problems, the age old 'bubling bodywork' to name one.........lotus has many problems, they seem to have little regard for their customers

[@Jamesgarethmorgan]

Nonsense. It has SOME problems. Customer service absolutely great from my personal experience of actually owning one of these cars.

[@vector409]

@@Jamesgarethmorgan nonsense, wooly hat brigade?

[@davebarkley8773]

@@Jamesgarethmorgan Sounds like you are a rarity. But good for you!

[@VK6AB-]

Yep SOP Lotus stuff

[@matthewk9563]

cool, maybe I can get crypto rich and snag one

[@EvoraGT430]

Good luck not being ruined by a manipulated ponzi scheme.

[@Valueshooter]

yeah, it drop like a stone because its not worth the original price.

[@craigxfleming8806]

The 2025 first edition / turbo I4 8seed has more power than v6 manual 400 hp / 356 pound ft torque if you get the I 4 8 speed is the better car early adopters got hosed buy a 2025

[@luckywinner4936]

The Evora doesn;t look as good as the Emira. So the depreciaition is moot.

[@racewithcal]

It's the better car though, I had an Evora 400. The Emira is heavier, slower and doesn't sound as good. The typical Lotus enthusiast will value driving experience over looks. The problem is, there's only 3 Evora 400s for sale in the UK at the moment.

[@vector409]

@@racewithcal don't forget most have a back seat

[@racewithcal]

@@vector409 Very true! While not really suitable for a full-size human, they're perfect for kids and dogs.

[@vector409]

@@racewithcal exactly makes it immediately more attractive

[@robertlewis9419]

British cars are beautiful but they depreciate like a brick

[@Car-guy307]

They should be priced £65k new

[@antitronty1766]

Is a nice car, but the car for that price i buy a Corvette.

[@Bigmojo75]

Dealer network is shambolic. Lotus HQ strategy is crap after they got rid of Scott Walker. Bell and Colvill are more arrogant that you can believe thinking you should just shut up and buy the car, Brighton dealer has a new bloke in there who phoned me up giving me a load of BS about the values. No one sensible is going to drop 90k on a car resale value of 60k. Lotus upped the price after taking preorders so a load of those orders got cancelled. I’ve been nosing about and they’ve still got the same shit combinations for sale while more used ones come on to the market. Brilliant car but an absolute financial nightmare.

[@F16888C]

C8 z06 all the way

[@matteozambonini6178]

Emira is one of the worst car I had

[@Drago6817]

But but, the Evora is ugly....

[@Kamui..]

😂

[@georgecupac1202]

i don't care.

[@ghostridertom]

We dont care you dont care.

[@triaxe-mmb]

Then why did you bother to watch (even a bit) and comment?

[@starmanxvi]

then why the crap are you here?

[@hpickettz34]

Yes you do😅

[@superandy89]

If you have to say this…. We all know you care.

[@VK6AB-]

The Emira isn't great - mutton dressed as lamb. Effectively a body kit over an Evora with the same horrible engine and gear box from the Exige. When a company is owned by geely the outcome is inevitable.

[@Jamesgarethmorgan]

Nonsense. I bought one recently - Absolutely brilliant car. If you think it's just an Evora - then you've obviously not driven either.

[@VK6AB-]

@@Jamesgarethmorgan LOL Owned a 380 and 430 Cup - the Emira has the same poor engine and gear box over an Evora footprint and I have driven the EMIRA its not great. Mutton dressed as Lamb is a great description. Try a decent sports car.

[@EvoraGT430]

@@VK6AB- So you drove an Exige, not an Evora.

[@VK6AB-]

@@EvoraGT430 and Emira, the Emira round track. Owned two Exige, 380 and 430 Cup.

[@Jay-xr3sb]

What has geely got to do with it if its like the evora designed before they took over

[@BCNeil]

These cars are trash.

[@CMe48282]

Emira is a great fun car.

[@TheNorville2]

In your opinion.

[@ashurafreedan]

source: man with 2003 honda civic

[@sunnyboy8644]

nah man Emira is a good car.

[@nbaumg]

i love mine