Just for interest; I noticed the Red S1 that’s been at Slades Garage in High Wycombe @ £35,000 has sold. Further good news for Exige prices. Barry Ely has a silver S1 at a similar price (and mileage) for sale.
I brought mine because it was my dream car regardless of current or potential value, but reassuring to see them creep past their original ticket price. A genuine future classic…
Just for interest the same exige is being sold privately now in Wales?
Thats interesting. I wonder what happened there then??
Probably on a sale or return/commission basis at the garage, & owner now selling it privately?
Oh yeah, sounds fair.
yeah probably sold a pack of lies by the dealer about getting an inflated price because they’re a deal and he got bored of waiting
Strong price especially as it sounds like a re-spray is needed "Due to the age it suffers from a common Lotus problem - micro blistering "
Yeah it’s pretty common I think especially any cars that spend any time outside. Mine has a few…
Are modded S1 Exige prices really this strong? Lotus Exige S1 cars for sale | PistonHeads UK
£40k Just curious, as if that is a fair price for the advertised car then mine must be even more, which really surprises me.
Bloody lovely and would love it, but £40k!?
The silver car has been on sale for ages. Probably related to the (very) strong price? I’ve spent the better part of the last 3 months looking at every Exige that turns up in the classifieds. I know, I’m sad.
So tempted to get back into an Exige but need to buy a house first.
The market is hard to read.
The standard car at Barry Ely is £40k which I thought was pressing the boundaries… That said I have seen a similar mileage 340r at £42k and the whole market is moving up around this generation of cars.
On the flip side the Exige at Plans has come down from £27,500 to under £25k and it looked (merely from the advert) like a good car and value at that, so surprised it hadn’t sold.
Theres only been the same 4-6 cars on the market for quite some time now, and I’m unsure if the ones that have come off the market in the past week or two have sold or simply have stopped being advertised, the market is strong and the Exige still looks like a bargain to me for the car you get, when comparing a similar budget elsewhere in the market place.
So, in members’ collective opinion, £40k is not unreasonable for such a highly specced car? Lotus Exige S1 cars for sale - PistonHeads UK
Just trying to get a feel for values 
Mine has had more spent on it than the advertised one i.e. is more modified.
Why the fook worry/concern yourself about “value” unless you intend selling? Just enjoy driving the friggin car - hopefully that’s why you bought it. You can’t put a price on the “smile factor” an S1 gives you in unrelenting bucketloads, So if it’s worth nowt when you get rid, so what!
Now, being practical an S1 (in various specs) is worth what someone is willing to pay. Realistically that’s between £20K & £40K depending who wants to buy, & who wants to sell!
Enjoy “Exigeness” whenever you can - once experienced it’ll last a lifetime!
Jas - I’m no expert, but this has been an interesting thread on that related theme
http://www.exiges.com/bb/viewtopic.php?f=15&t=18875
From my limited knowledge Elise/Exige clearly lend themselves to being “upgraded” and its a well proven road (Honda NA/SC etc.) so you know your getting a solid product not buying a risk, so (to my mind) no reason to reduce the values based on what has been invested to modify. Likewise some people want near originality and that has intrinsic value as well.
Tongue in cheek - but with so few S1 left in the UK and coming onto the market I think everyone here should just agree not to sell them for less than £40k and that’d be that 
I’ve got to agree with His Peskyness. It’s really about the Exige Experience for me. I’m not a big attendee at events (I do like the MLOC at Chatsworth malarkey), but I do get out in the car as often as I can to give it some beans, regardless of weather or time of day. I do about 3 track days a year, and the rest is on the road. I’m not wreckless with it, but Christ it gets some hammer. I’m not sure what the rev limit is, but it’s modified VHPD (Scholar Evo 2, 1.9) is still giving more at 8300rpm! It’s a bloody dancer.
Despite having initial woes with it, and threatening to sell it, I just can’t bring myself to do it! I want a Caterham too, but my Exige is sticking around! The conversations it promotes are excellent, and I’ve lost hours of my life just looking at it in the garage. I’m not bothered about its worth as long as I can afford to run it, it looks fairly tidy and makes people (and me) smile, then it’s worth every single penny of what we paid for it.
Very well put. Might try the upper rev limit some time! Chevron keeps telling me it’s there to be used. 
It was actually recent market events on my other car, and then seeing the messages here that got me wondering, not a desire to sell.
What has happened is that the market for old Ferraris has gone ballistic, and my RHD 348 Spider has rocketed recently. To 2-3 times what I paid for it. So when I saw the chat about S1 Exige prices, it got me wondering.
Nothing wrong with that 
Gonein60secs, thanks for the link. Mostly about a converted Elise but interesting reading.
I really don’t get why you’d want a ‘real’ exige these days when it’s engine swapped.
If I had 40k to burn it’d just commission the exact car I wanted.
Problem is, unless you are doing it all yourself, you struggle to actually do it for £40k. Add up all the options on your - Muu, Jas, Benja, IDG - cars, including all the expensive and difficult to get hold of parts and its a challenge.
10k doner Elise
3k in Exige panels to do it properly with decent wing, arch liners, fixings
2-3k in a good prep and paint
1k wheels
2k for brakes that can cope at 220hp plus
10k plus for your choice of banzai engine
1k in cooling - rads, plumbing, extra pumps, etc
2k for dampers, ball joints, etc
the list is quite long when you do it all in one hit. Then you need to add labour, plus any downtime - do it all in one go and there’s a fair few months work in the above.
The youngest Elise S1 is now 15 years old, and there’s always some niggles when you take them apart.