Find or Sell Used Cars, Trucks, and SUVs in USA

1998 Lotus Esprit Twin Turbo V8 Coupe 2-door 3.5l 11k Miles on 2040-cars

US $28,995.00
Year:1998 Mileage:11050 Color: Silver /
 Black
Location:

Sunol, California, United States

Sunol, California, United States
Transmission:Manual
Body Type:Coupe
Vehicle Title:Clear
Engine:3.5L 3506CC V8 GAS DOHC Turbocharged
Fuel Type:GAS
For Sale By:Dealer
VIN: SCCDCQ821WHA15469 Year: 1998
Make: Lotus
Model: Esprit
Warranty: Vehicle does NOT have an existing warranty
Trim: V8 Coupe 2-Door
Options: Sunroof, CD Player
Drive Type: RWD
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Mileage: 11,050
Power Options: Air Conditioning, Power Locks, Power Windows
Exterior Color: Silver
Interior Color: Black
Number of Cylinders: 8
Condition: UsedA vehicle is considered used if it has been registered and issued a title. Used vehicles have had at least one previous owner. The condition of the exterior, interior and engine can vary depending on the vehicle's history. See the seller's listing for full details and description of any imperfections.Seller Notes:"A Super car for the less than the price of a Prius, "Champagne motoring for beer money""

1998 LOTUS ESPRIT TWIN TURBO Built January of 1998, this is the V8 twin turbo model and what a great car. It was delivered new in Northern California by the Lotus dealer of Los Gatos to it's first owner, it has had one other owner since in Reno Nevada.

   If you are reading this you probably know already about the Esprit and the great heritage of Lotus.
The founder of the company, Colin Chapman was an automotive genius, everything followed motor racing, his cars set the pace in Sports Car racing with the Eleven, 13 17 and the best of all the 23.  In F1Lotus really came to the fore in the 1960 with a great win by the brilliant Sir Stirling Moss at Monaco, follow that with Jim Clark's 1963 World Championship, Graham Hill's title in 68 and then in 1970 with the arrival of the brilliant Lotus 72  Jochen Rindt won the British, French and German Grand Prix one after another to clinch the world championship-a foretaste of things to come.  So successful was tChapman's design for the 72 that it just improved and improved, Emerson Fittipaldi became F1's youngest champion in 1972 and it continued to win in one form or another for years.

 Lotus's drivers list reads like a who's who of motor racing, Ronnie Peterson, Mario Andretti, Nigel Mansell, my son's hero Ayrton Senna, right throgh to today with the great Kimi Raikonen (leave me alone, I now what I'm doing) and the ever improving Grossjean (Yeah I'm an F1 fan!).
 Chapmans famous" throwing of his hat into the air" eveytime his drivers crossed the finish line in first place I have carried on, my 13 year old son races 125cc Rotax GoKarts and I'm always at the finish line ready to throw my hat in the air when he wins! ("Horatio Fitz-Simon Racing" look him up on Facebook)......But back to the car I'm trying to sell..........................

The Esprit was conceived in the 70's, it was a stunning car at its launch and its fabulous looks continue to draw attention to this day. The first cars were powered by a Ford four cylinder and the bodies were made of fiberglass,something Lotus excelled at, the 1960's Elite was, I believe the first true monocoque fibreglass car.  The Esprit went through many changes and improvements over the years, but by 1998 the cars were powered by a proper V8 and exhaust gas was used to propel the mixture under high pressure into the motor with aid of twin turbochargers. Bodies were now made from a Kevlar/GRP mix, a vast improvement over the earlier models, this made them much stronger and the panels more stable. The interiors of the late cars are the best trimmed leather I've seen, there's dead cow from the front screen all the way to the surround of the rear window.

This Lotus, resplendent in Silver exterior with full black leather piped in red has been babied its entire 15 years of life, it appears to have never seen the rain,  take off the wheels and you can see the suspension still wears its zinc plating on the wishbones, the springs have the white paint on the black coil.
The exterior is super nice, there are some stone chips on the nose and front hood, but the paint is shiny and in super-nice condition. The right wheels have some small curb rash but confined only to the outer edge of the beads, the left wheels are perfect. The interior is absolutely lovely and still smells like a new pair of Gucci loafers, obviously the owners were non smokers. The engine is super clean and has no oil leaks, it starts easily, makes no smoke (what do you expect from an eleven thousand mile car) gears engage easily and it shifts up and down the pattern as you'd expect, when the Turbos kick in you get a nice kick in the back and the car leaps forward.
The toolkit is unused, the spare has never been on the ground and the roof spoiler is wrapped in a towel in the trunk for when you take the center panel off. I have both keys and the owners manual, plus a bunch of receipts for oil changes, though none for a belt change.
I would welcome any reasonable inspection, the Lotus is available for viewing in Pleasanton, California, just call me 925 789 9825 to arrange.
Come on, seriously, where else can you get a 170mph supercar for less than thirty grand.....it's champagne motoring for beer money!

And here's the usual stuff....This is not a computer game, please bid to buy, your bid is a binding contract, car is sold as is where is, no warranties implied or otherwise, all inspections must be made before auctions end, I am happy to help with shipping in the US or overseas. I am a licensed California car dealer and if you are in the state of California I must collect sales tax, that even applies of you want to come and collect it yourself..if you have any questions the number is 925 789 9825, thanks for looking!

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Lotus suing former CEO Bahar over spending on homes, helicopters and watches

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More details have come out about the legal suit and countersuit being contested between Lotus cars owner DRB-Hicom and former CEO of Lotus Dany Bahar. Bahar was brought in by Malaysian car company Proton in 2009 to turn Lotus around, and events during his tenure have made just about everyone wonder "What's going on?" That's not unusual - it can take a minute to figure things out when a new leader takes everything in a new direction - but in this case the clouds didn't clear quickly enough.
When the Malaysian government sold Proton to Malaysian auto supplier DRB-Hicom earlier this year, a forensic accounting team from Ernst & Young and The Rothschild Group started going over the books. Not long after, Bahar was suspended in June from his position and then fired. In his countersuit against DRB-Hicom, claims of lavish spending began to surface. Then the stories and leaks and rumors really began, the UK's Financial Mail reporting on more than one million pounds spent on private flights and home renovations, the New Zealand Herald talking about other executives sacked so that DRB could rearrange a 270-million-pound bank loan to Lotus, and rumors on forums about Bahar flying from his home in Norfolk to Hethel HQ and spending 30,000 pounds on motorsports books for his office.
In the latest Bloomberg report it is said that DRB-Hicom seeks 2.5 million pounds ($4 million US) from Bahar "for unauthorized expenses and overpaid salary and bonuses," including the purported expense of 3,000 pounds on watches for company managers. DRB-Hicom also says Bahar made damaging statements to the media, on top of breaching his contractual duties. Bahar's countersuit seeks $10.6 million from DRB-Hicom.

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