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Lotus - Esprit (1988)
Discover the classic Lotus Esprit—a symbol of 1980s road‑enthusiast culture that still shines on today’s roads. The 1988 variant, known for its sharp coupe silhouette and lightweight construction, offers a unique blend of performance and style. While the exact Lotus Esprit price varies by market, condition, and mileage, we’re here to give you a clear snapshot of what to expect when searching for a 1988 model or a pre‑owned Esprit. If you’re curious about “what is a 1988 Lotus Esprit worth,” or how the vehicle’s value jibes with contemporary models, read on to uncover key data points, depreciation trends, and market context—all designed for quick digestion, whether you’re a seasoned collector or just starting your automotive journey.
- Model Lotus Esprit (1988)
- Engine 4.0‑L (240 ci) 24‑valve LA4 V8
- Horsepower 220 hp @ 6,000 rpm
- Torque 200 lb‑ft @ 3,500 rpm
- Transmission 5‑speed manual (standard); 4‑Speed automatic (optional)
- Drive Rear‑wheel drive
- Fuel system Electronic fuel injection (EFI)
- Fuel type Regular gasoline
- Weight Approximately 2,000 lb (1,810 kg)
- Length 4 m (156.7 in)
- Width 1.75 m (69 in)
- Height 1.07 m (42.2 in)
- Wheelbase 2.5 m (98.4 in)
- Top Speed Up to 140 mph (~225 km/h)
- 0‑60 mph 6.7 s (approx.)
Lotus Esprit depreciation patterns are a vital piece of the puzzle when evaluating both new and used Lotus Esprit price expectations. The same engineering excellence that gives the model its allure also shapes its market behavior. Typically, a newly purchased Esprit experiences a depreciation window that spans roughly 15–20 % over the first calendar year—reflective of the fact that the car’s scarcity and brand prestige help contain immediate value erosion.
Beyond that initial season, the vehicle falls within a more standard depreciation curve typical of sports cars with limited production runs. A practical rule of thumb is a 10 % yearly decline from the second year onward, amounting to an approximate 20‑30 % depreciation over a five‑year span, depending on the vehicle’s condition, mileage, and regional demand. Over a decade, many Esprit owners report a 40–50
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 3 years ago | used | £34,995.00 | Unlock all links | |
| 4 years ago | used | £34,995.00 | Unlock all links | |
| 4 years ago | used | £11,000.00 | Unlock all links | |
| 4 years ago | used | £34,995.00 | Unlock all links | |
| 4 years ago | used | £34,995.00 | Unlock all links | |
| 4 years ago | used | £34,995.00 | Unlock all links | |
| 4 years ago | used | £34,995.00 | Unlock all links | |
| 5 years ago | used | £23,950.00 | Unlock all links | |
| 5 years ago | used | £25,950.00 | Unlock all links |