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Lotus - Excel (1983)
The 1983 Lotus Excel is the street‑ready, lightweight race‑car that has captured the imagination of performance enthusiasts for over three decades. When dealerships perk up the wheel and begin testing it, the excitement is clear: a classic sports car that still stands out even by today’s standards. For anyone deciding whether to pursue a Lotus Excel, it’s essential to understand what *Lotus Excel price* looks like across the market, how it depreciates over time, and how it stacks up against comparable models.
- Engine: 2.5‑litre 4‑cyl, inline, 190 hp (stock) with optional upgrade to 240 hp
- Transmission: 5‑speed manual (standard), 6‑speed manual available as an option
- Fuel Type: Premium unleaded (87 octane) TIPM
- Dimensions: Length 4,315 mm; Width 1,856 mm; Height 1,134 mm; Wheelbase 2,275 mm
- Weight: 1,005 kg (gross)
- Performance: 0–100 km/h in ~4.8 s; Top speed ~240 km/h; Braking: 0–100 km/h in 7 s
- Notable Features: RWD, all‑carbon body panels, transverse engine, highly adjustable steering
When it comes to assessing value, one of the first questions buyers ask is “what is a 1983 Lotus Excel worth?” The *Lotus Excel 1983 price* can have a large range because of condition, mileage, and whether original or restored. In many markets, a vehicle that remains in near‑factory condition can fetch between $3,000–$10,000, while heavily modified or high‑mileage examples may range from $2,000–$5,000. A *used Lotus Excel price* is likewise variable, but averages tend to sit in the middle of that spectrum depending on location and history.
Depreciation Insight
The classic sports‑car market operates differently from the everyday sedan market, and it’s worth understanding how the Lotus Excel depreciation curve works. In its first year, a Lotus Excel may typically lose 15–20 % of its value, which is still relatively steep compared to class‑mates such as the Mazda MX‑5 or Porsche Boxster that see a 10 % drop. When you reach the three‑year mark, you can normally expect a loss of 30–35 % from the original retail price. Luxury or high‑performance vehicles tend to depreciate faster initially, but they often stabilize after the third year and may even start appreciating as collector value rises, especially if they remain original.
To give context, a 1983 Lotus Excel that held its original engines and tires in a climate‑controlled environment
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 4 years ago | used | £4,995.00 | Unlock all links |