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£32,480

1978 Lotus Esprit S1 Type 79

Richard Edmonds • UK • 19 Sept 2020

Market Position:

Upper Mid-Market

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£32,480

1978 Lotus Esprit S1 Type 79

UK • 19 Sept 2020

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Vehicle Details

AI Listing Summary

This 1978 Lotus Esprit S1 Type 79 is a classic sports car with a rich history and distinctive design. Recently restored but not used since, it needs recommissioning before hitting the road. Includes desirable documentation.

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Condition 

8

The car underwent a thorough restoration eight years ago, including body repaint, new interior, engine rebuild, and refurbishment of various components. However, it has remained unused since then, requiring some recommissioning before road use. This mix of excellent restoration work and the need for recommissioning places it in the Excellent category.

/ 10

Manual

United Kingdom

1978

Auction

£32,480

1978 Lotus Esprit S1 Type 79

Richard Edmonds • UK • 19 Sept 2020

Market Position:

Upper Mid-Market

Track live values and receive listing alerts

Description

1978 Lotus Esprit S1 Type 79 – Reg. no.

CUI [Phone Number]/00GEngine no.

CC[Phone Number]The development of the Esprit started in 1971 when Lotus boss Colin Chapman met with Giorgetto Giugiaro of Italdesign to discuss creating a successor for the Europa.

Giugiaro got to work, but Chapman was disappointed with the first ¼ scale model and called an early halt to the work.

Undeterred, Giugiaro created a full-sized prototype on a stretched Europa chassis, which was exhibited on the Italdesign stand at the 1972 Turin Motor Show.

The positive reception for this vehicle changed Chapman’s mind, and the project was back on.

Christened the Esprit, the new car was launched at the Paris Motor Show in October 1975, production starting in June 1976.

Giugiaro’s ‘folded paper’ styling was new, but the construction of the car was classic Lotus; a steel backbone chassis sported a fibreglass body, there were disc brakes all round, inboard at the rear, and a 160bhp longitudinally-mounted 2-litre L...

Price Analysis vs Other Esprit S1s

£7,984

Lowest Price (Since 2020)

£28,528

Median Price (Since 2020)

£124,292

Highest Price (Since 2020)

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World Record

If this vehicle sells at the mid-point of its estimate it will set a new world record for the [enter model]

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Upper Mid-Market

Compared to previous sales, the sale price placed this vehicle in the upper mid-market for the Esprit S1.

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Lowest Price

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Average Price

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen [enter number] sold before

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Icon

This vehicle is an icon of the game. Any collection would benefit from having one

Previous Esprit S1 Sales

MOT Information

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Latest MOT mileage:

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MOT History

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MOT Mileage Trend

Gallery

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Auction House Headquarters

Richard Edmonds

Showell Farm Buildings, Showell, Chippenham, Wiltshire, SN15 2NU

Based in Chippenham, Wiltshire, Richard Edmonds is a physical auction house dealing in classic, vintage, and historic motor cars. They hold live auctions and provide vehicle consignment and valuation services.

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