69 Elan +2 barn find in GA

[Brian Skeoch]

I just got wind of a 69 Elan +2 barn find here in GA. car was driven into barrn 15 years ago for storage and hasnt moved since. recent find says car is complete, motor turns over but wont start.

car is ered, black interior. motor is twin cam dual carb.

car will probably be available for sale by end of thsi week. I am going to go look at it tomorrow and will update everyone with what I see. .

it may be a nice score for someone.

Brian

[Martin]

Bring a camera....or bring me even :)

[clockwork]

Go on,you know you want to,go on.Clockwork :yes:

[Brian Skeoch]

my friend did not buy the 69 Elan +2 so its available. the owner will take $4 grand for it.

spoke with my pal yesterday who saw it . they pushed it out of a barn on 4 flat tires so he couldnt get much of a glimpse of the chassis but what he was able to see there was some corrosion.

the body has some cracks just above the front shock towers. the interior is all there but will need a dash cover or new dash.

motor turns over but doesnt start. the color is red but will need to be repainted. its been sitting in a barn for 15 years.

if anyone is interested I can get you in contact with the owner.

[WayneB]

Sounds like an interesting project for someone who has always wanted to totally restore an old Lotus roadcar by themselves.:)

Something like that would take about 2 years to restore that way, taking it to a professional shop would get it done alot quicker (half the time) but it would cost about twice what the car would be worth finished.:(

[Martin]

I would say to do it yourself could still cost more than what the car would be worth in the end. A really good example goes for what....10K to 12K. I could see all the spare parts and things you might have rebuilt or machined could easily add up to that. Then again if the asking price is 4K, maybe it is negotiable....:)

[clockwork]

Paul Matty had one for sale for £17,000 :ohmy: he no longer has it but I don`t know what it went for,Ron Hickman asked me to name my own price :lol: for mine but in the real world £9,000 will buy most of them.Clockwork :)

[Autocross7]

These days the only real reason to restore a car is because you want to. maybe for fun, sentimental value, or a hobbie spread over time... but it is surley not any way to invest. I know poeple with thousands put into cars that would never yield half of what was spent.

I have no issue with doing it as I am about to start putting money into my Sprite, but I would caution anyone from expecting a return. In my case it is sentimental. Dad bought the little car new in 69' and I grew up with it.


Cameron

[WayneB]

Sadly,the vendor could give someone the car and it still would not make economic sense to restore it ATM, In fact some restoration shops are doing just that, giving away a project car on the condition that the new owner agrees to pay them to do a total restoration on it.

Fixing up an old car like that is more something more to be done as an enjoyable pastime or hobby,you get to improve your automotive skills and educate yourself on the way, than a way to make a profit.

At least in the automotove hobby you have a tangable asset worth something at the end, unlike other hobby's (drinking, smoking, gambling and womanising) :(

An immaculate +2 in perfect condition is a wonderfull thing BTW and worth at least $25k, sadly most are kinda dog eared and semi to totally worn out (the $10k ones)