How good will the Emira's gain in value be?

netsinah

Emira owner.
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Emira Owner
I don't know about you, but when I see the thread entitled "How bad will the Emira depreciation be?" pop up from time to time on this Forum, I take this and some of the comments in the thread, as being too negative and focused on the short term. I know I know; it's a neutral title so I'm likely overly sensitive. However I really like my Emira, as do others who see and ride in it. I think it deserves more praise. Sure, it got off to a less than stellar launch, with production delays and some quality control issues. However those can be expected with a lower production-run vehicle and the issues seem to have been largely ironed out over time, resulting in some owners like me (driving the "second generation" V6) not experiencing any vehicle problems. No, even these newer builds aren't perfect, however unless you're talking about a Lexus/Toyota or Acura/Honda vehicle, most other vehicle manufacturers have their fair share of quality control issues. That said, read the reviews on the Lexus LS 500 for the past few years...

IMO the Emira:

1. LOOKS FANTASTIC and if nothing else, all reviewers seem to agree on that.
2. HANDLES "LIKE A LOTUS" so it maintains the Lotus reputation for cornering and that old-fashioned more raw-feeling true sport car drive.
3. Is a readily-usable "daily driver" with its enhanced interior, plentiful options (for Lotus) and wider stance.
4. May appreciate over time, with the purported advent of electric vehicles (now delayed, soon to be replaced with hybrids?) and due to #1 and #2 above. Moreso if the Emira has a limited shelf-life and Lotus/Geely stops production in the next couple years.
5. Provides (a.) a mid-engine design (which others have), (b.) the choice of a manual transmission (which few have), and (c.) double-wishbone suspension (which very few have), and (d.) it's not as heavy (lighter than many of its competitors), all of which contribute to #2 above. Those 4 attributes (a. to d.) may not be together anywhere else in one vehicle, other than the Emira?

While no one can predict the future with certainty, my money is on the Emira doing well in the long term. Let's be more optimistic, shall we?
 
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UK prices are not the same as USA prices. Manual V6 is the one people will want in the future. Some posters seems keen on waiting years for the price they want to pay, that is fine, they have no guarantee of tomorrow.

in the meantime enjoy the car and driving experience.
 
After owning my Evora for 14 years, I believe I did pretty good on value. Paid $67K new and just traded for my Emira. received $50k.
Depreciated $17K in 14 years. not bad.
Very few cars appreciate. most would tell you do not buy a car to make money.
If you love the car, then you appreciate it.
Hopefully the Emira will give me even more satisfaction than the Evora.
 
Short term all cars lose value. Long term I am sure Emiras will appreciate. Even if Lotus has ramped up production, numbers will still be smaller compared to 718s or C8s. Scarcity and desirability typically increases value.
That said, in my opinion cars are expenses, not investments.
 
I think it really just depends on a lot of factors we have little knowledge or control over.

Yes, for those interested in a manual gearbox and more analog form of car. The Emira might represent the last "perfect mingle" of tech features + analog driving experience. However, the looming threat is. What does that future look like when gas is 20 dollars a gallon? I think Porsche synthetic fuel is estimated at $45 a gallon. What then?

How many speculators in the car market holding onto JDM "future classics" or Porsche GT cars will afford to keep them on the road as oil and gas prices skyrocket. The market will get flooded with people ditching all kinds of "interesting cars" they don't think is worth the hassle and museums will pop up, and get crowded. Cars will get shipped for pennies to countries like S.A. who will still produce and refine gasoline.
 

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