Lot 163 - 1979 Lotus Elite 504
|Odometer reading||70,800 miles|
|Result||Sold - £8,400|
From 1974 to 1982, Lotus produced the four seat, considerably larger Type 75 and later Type 83 Elite. Lotus sought, with this design, to position itself upmarket, and move away from its kit car past. The Elite replaced the ageing Lotus Elan Plus 2, whilst the mid engined Lotus Esprit replaced the Europa. Oliver Winterbottom designed the Elite's striking shape and he is quoted as saying that the basic chassis and suspension layout were designed by Colin Chapman making the Elite and its sister design, the Éclat, the last Lotus road cars to have significant design input from Chapman himself.
This genuine UK supplied Lotus was purchased from a Lotus enthusiast and journalist in June 2012. The car had been stored for some time but has now been lovingly re-commissioned. The works involved include a new cam belt, ignition system and new Weber DCOE45 carburettors (the original Dell'Orto carburettors are supplied in the sale). The twin cam engine is nicely detailed and is mated to an automatic gearbox that works well. The air conditioning pump has also been removed, a common practice in period that improved power and fuel consumption. Importantly, the rare factory option leather is in good order, as are the rest of the interior fittings. On a test, the engine started easily, with a few pumps of the throttle, and ran quietly and smoothly. A current MoT test certificate, valid until the end of June 2016 accompanies the car.
A rare sight on the roads today, this Lotus Elite represents an excellent opportunity, offered as it is with no reserve.
Interested parties should satisfy themselves as to the description and condition of each lot prior to the sale. Buyers are advised to inspect the car in person or use a professional to carry out this service.