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Rare Lotus Elan +2. Big Valve Engine, Great Car With A Lot Of Potential! on 2040-cars

Year:1972 Mileage:56818 Color: Weather stripping good aged condition
Location:

Campbell, California, United States

Campbell, California, United States
Advertising:

1972 Lotus Elan "S" +2 Big Valve

Thank you for your interest. I purchased this vehicle with the intent of having it fully restored, and have begun some of the basics toward this goal. Over the past several months I have spent several thousand dollars making the car road worthy at a reputable car restoration company that specializes in antique and vintage vehicles. Unfortunately, my physical height has deterred me from pursuing this goal. I am 6'6" tall and am not comfortable in this car, despite toying with the idea of relocating the seats. As much as I would love to keep this car, I cannot justify the expense for something that I cannot operate. 

This car was purchased in a non-running condition and essentially this was a barn find. An older gentleman had the car for years and was part of a larger collection of cars, some completed projects and others waiting indefinitely. After several weeks of chasing him and the car, it was mine. The car has aged gracefully and is not perfect by any standard, however I purchased this car because it has great potential and will be a joy for the new owner. I will describe this vehicle to the best of knowledge and try to convey these findings honestly. However, due to the inherent nature of purchasing a vehicle of over 40 years, this Lotus will be sold as-is, where-is. Most of the issues are typical of older fiberglass cars. Appointments to see the car in person are more than reasonable and can be made upon request. The car is being stored at the restoration facility in Campbell, CA. 


Engine and Transmission: 
Engine starts easily, idles well, runs great, great oil pressure, no bottom end noise. Really is a great runner.
- At some point, due to the age and unknown prior history, the timing chain should be replaced. 
New Carburetor Rebuild and Tune
Clutch and Transmission in good condition, smooth shifting, no grinds, positive clutch engagement 
Brakes Rebuilt
-New pistons, seals and brake lines.
New Dual brake boosters and
Fuel tank flushed and cleaned
Fuel Pump providing good fuel pressure
New Battery



Interior: 

Front and Rear seats in great condition. Vinyl is intact, no tears or significant wear. 
Leather interior trim in good shape. 
Dash laminate is cracking throughout, needs to be restored.
Leather trim under steering wheel needs replacing
Radio is non-functioning
Window motors are slow and probably need better grounding
Headliner and B-pillar leather show stains
Dash has some cracking but otherwise in good shape
Needs carpet kit for discerning buyers

Exterior:
Weather stripping good aged condition (some cracking)
Paint in good condition as a vintage respray. Age of respray unknown. Typical fiberglass body issues with the paint. The car exhibits stress cracks along seems, but mostly isolated to the roof. Also a few knicks, dings and blemishes around the vehicle but all in all the car looks good. 
No rust- California car 
Missing lower bumper trim and foglight
Front chrome trim bumper hit an object and is slightly bent
Electrical system needs TLC. Again, a common issue with a fiberglass vehicle. 
Most lights do not function or function correctly. Turn signal, brake lights, etc. Needs parts like a brake light switch, available for $7.00
Headlight vacuum mechanism needs service
Wheels are in good condition with matching spare


This car to me is a wonderful platform to build a great car. It needs some TLC, but it is a fun and exciting vehicle. 

I have thought long and hard about selling this vehicle as I already have so much time and money into her, but it is time to move on.

Please contact me and I can provide video showing the car running.

International shipping inquries, please contact before bidding. 

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Auto blog

Lotus F1 team $186 million in debt

Fri, 17 Jan 2014

The Lotus F1 team has fallen on some hard times. Majority-owned by investment firm Genii Capital and having little to do with the British automaker with which it shares its name, the Enstone-based outfit has been widely reported to be in serious financial trouble. The extent of those difficulties were until now unknown, but a new report from Germany's Auto Motor und Sport reveals that the team is in the red to the tune of £114 million - equivalent to $186 million at today's conversion rates.
The lack in cashflow is widely believed to have been the impetus for Kimi Raikkonen's departure from the team in order to return to cash-rich Ferrari, and was one of the major factors in selecting Pastor Maldonado to replace him instead of a more proven and accomplished driver of Raikkonen's caliber. Maldonado brings with him major sponsorship funds from Venezuelan state oil company PDVSA. In speaking with the German publication, however, Lotus F1 chairman (and Genii co-founder) Gerald Lopez revealed that the lion's share of the team's debt - £80 million or $130 million - is with Genii Capital itself, a negative balance that isn't likely to affect the team's day to day. That leaves about $56 million which the team owes to outside parties, including Raikkonen, who has yet to receive the full pay he was contracted for.
The team has opted to sit out the first test session of the Formula One season at Jerez. Its 2014 chassis isn't ready and, given the relatively cold temperatures at this point in the year, the team wouldn't expect to learn much about tire performance and degradation. As far as the new engine goes, Lopez says that any knowledge gleaned by Red Bull, Toro Rosso and Caterham at the test session will ultimately be shared with Renault and through it back to Lotus as well. Lotus engineers helped develop the new KERS system with Renault regardless, so the team already has the energy-recovery data it needs. The team will instead prepare for the second test session in Bahrain, by which point it aims to have its new car ready to kick off the season. Lopez says that it has secured the funding to offset its costs for the season ahead, and that it is working to pay down its debt.

Lotus builds the final Elise, Exige and Evora

Thu, Dec 23 2021

Lotus has closed one of the most important chapters of its history: It has ended production of the Elise after a 25-year run. It also built the final example of the Exige, which was closely related to the Elise, and of the Evora, which was bigger and more comfort-oriented. We knew that this day was right around the corner, Lotus announced Final Edition variants of the Elise and the Exige in February 2021, and the British company confirmed that it's keeping the very last examples of the three models for itself. Shown above, the last Elise is a Sport 240 Final Edition model in yellow. The last Exige is a Cup 430 Final Edition finished in British Racing Green, while the last Evora is a GT430 Sport model that wears Dark Metallic Gray paint. All three cars will join the carmaker's growing collection of heritage models. Lotus built 51,738 examples of the Elise, the Exige, and the Evora combined over the past quarter of a century. While that doesn't sound like much, not when Ford sold over 787,000 units of the F-Series in pandemic-ridden 2020, that figure represents nearly half of the cars Lotus has built since its inception. It's worth noting that this number doesn't include the Elise derivatives made for third-party companies; the original Tesla Roadster was built on an Elise-sourced chassis, and the Opel Speedster was developed and manufactured by Lotus. It sounds like the three nameplates have been consigned to the pantheon of automotive history — at least for now. Lotus isn't standing still, however. Funded by Volvo parent company Geely, it unveiled the Emira, a coupe powered by a mid-mounted engine, earlier in 2021, and it's planning to launch its first crossover in spring 2022. The soft-roader will be the first in a series of mass-produced electric models from the company. Looking much further ahead, Lotus will also release a sedan and an electric sports car developed jointly with Alpine.

Porsche 911 Turbos, and the new Lotus Emira | Autoblog Podcast #686

Fri, Jul 9 2021

In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Road Test Editor Zac Palmer. The two talk about their experiences in the 911 Turbo and Turbo S Cabriolet, then pivot to talking about the BMW M3 Competition on the Indiana Nurburgring. They follow that up by discussing driver assistance systems, given recent experience in the 2021 Cadillac Escalade with Super Cruise and Hyundai's Highway Drive Assist. After that, they get into some news, talking about the new Lotus Emira and Genesis G80 Sport. Finally, they wrap up with a rather interesting two-for-one "Spend my Money" edition where they help two listeners with different car buying conundrums. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #686 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown What we're driving: 2021 Porsche 911 Turbo S Cabriolet 2021 Porsche 911 Turbo 2021 BMW M3 on Indiana Nurburgring 2021 Cadillac Escalade with Super Cruise Long-term Hyundai Palisade update News: Lotus Emira Genesis G80 Sport Spend My Money, Double Edition Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives. Related Video: Podcasts BMW Cadillac Genesis Hyundai Lotus Porsche Technology Convertible Coupe Crossover SUV Luxury Performance Sedan