First Emira has hit BaT

[Green]

In my opinion, and with the overwhelming praise this car has received, the hype will last through at least this year. I do not blame dealers for charging markup on these cars -- they were only beholden to the original reserving customer to honor MSRP (and the $10k-less FE1 MSRP, at that). I fully expect dealers to charge FE2 pricing on FE1's at the very least, as with what I've heard from the dealers I spoke with there is still a year-long wait if you were to order one today. There are many buyers out there that will pay $5-$10k over FE2 MSRP to get in one immediately instead of having to wait a year+.

Overwhelming praise? Hardly. The reviews have not been overly positive. I would say the build, electrical, and paint issues will hurt sales badly. Not taking in to account the terrible Lotus customer service.

 

[Gprodigy]

Currently 98K 6days left

...and on FB it's getting 'overwhelming praise', there was a thread with several current owners saying they love the Emira with no regrets of buying it even with flaws. Which I was surprised to read vs. here.

Car Forums naturally will have more complaints, due to their purpose of solving issues.

 

[brainf18]

I know it shouldn't but It kinda makes me mad that someone ordered, took delivery, and is now selling while the rest of us are still waiting.

 

[kitkat]

My guess: Bids to $104,500 and won’t meet reserve.

 

[robrmon]

Currently 98K 6days left

...and on FB it's getting 'overwhelming praise', there was a thread with several current owners saying they love the Emira with no regrets of buying it even with flaws. Which I was surprised to read vs. here.

Car Forums naturally will have more complaints, due to their purpose of solving issues.

I’m not reading too much into the current bid with respect to the time left. We all know this is floored at $100k or so, the first bid could have been $100k and I wouldn’t have been surprised, it’s the last bid that counts.

 

[Lotustoronto]

Overwhelming praise? Hardly. The reviews have not been overly positive. I would say the build, electrical, and paint issues will hurt sales badly. Not taking in to account the terrible Lotus customer service.

The praise has certainly been mixed... all North American reviewers have given the Emira mostly praise, but all of them noted the drawbacks of a low volume car. I must say I have now seen many finished production Emira's and for the vast majority paint and build quality seems to be fairly good. (apart from very early V6's 2022 build year) The electronics is where it falls apart a bit. Even for a car that has very little in the way of modern tech, the amount of electrical gremlins is shocking and wreaking havoc on dealers to sort out. How many software updates are we at since launch? I think I have counted 6 since 2022 and 3 major recalls. (steering pumps, wiper motors, seatbelt?) The recalls are all sorted since mid last year, but looks like the software updates aren't done yet along with sensors that seem to go? I am fairly certain the water egress to the ecu was modified and fixed on later 2023 cars as well, can't remember where I read that? Anyway, they seem to have gotten the build quality a lot better for the most part. Electronics... not yet.

Oh and CS..... not good.

 

[Sjetware]

I'm predicting 120k for the final bid. Someone coming in off the street for an MSRP build at a dealer, even with no markup is paying 115k otd with taxes and such.

 

[kitkat]

I'm predicting 120k for the final bid. Someone coming in off the street for an MSRP build at a dealer, even with no markup is paying 115k otd with taxes and such.

Why would someone pay $120K plus $7.5K in BaT fees and still have to pay all the various taxes and registration in their state if applicable when there’s been a handful of Emiras on ebay, facebook marketplace etc for sale as low as $110K without any auction fees for a few weeks now?

 

[scc.131.fe]

I know it shouldn't but It kinda makes me mad that someone ordered, took delivery, and is now selling while the rest of us are still waiting.

how do we know someone bought it? doesnt the BAT listing say it's being sold by dealer?

 

[brainf18]

how do we know someone bought it? doesnt the BAT listing say it's being sold by dealer?

I guess that might be the case. Maybe the dealer is doing this instead of ADM and getting hate for price gouging

 

[brainf18]

Looking at the high bidder’s profile. OMG. This person has purchased over a dozen high end cars on BaT. I would hate to be bidding against him. Or her

 

[hbar]

Higher than I would have expected by now, 98K. I guess FE1 MSRP is in the rearview and FE2 MSRP after BaT fees is getting very close. My general sense is that there is not a lot of inventory yet. I only see a few listings that look real online, all over 110. It's going to be interesting to see how this changes as cars get delivered in large volumes over the next few weeks/months.

 

[squish]

Looking at the high bidder’s profile. OMG. This person has purchased over a dozen high end cars on BaT. I would hate to be bidding against him. Or her

Looking at their comment history it appears they are a broker.

 

[Jimblob]

The praise has certainly been mixed... all North American reviewers have given the Emira mostly praise, but all of them noted the drawbacks of a low volume car. I must say I have now seen many finished production Emira's and for the vast majority paint and build quality seems to be fairly good. (apart from very early V6's 2022 build year) The electronics is where it falls apart a bit. Even for a car that has very little in the way of modern tech, the amount of electrical gremlins is shocking and wreaking havoc on dealers to sort out. How many software updates are we at since launch? I think I have counted 6 since 2022 and 3 major recalls. (steering pumps, wiper motors, seatbelt?) The recalls are all sorted since mid last year, but looks like the software updates aren't done yet along with sensors that seem to go? I am fairly certain the water egress to the ecu was modified and fixed on later 2023 cars as well, can't remember where I read that? Anyway, they seem to have gotten the build quality a lot better for the most part. Electronics... not yet.

Oh and CS..... not good.

I think paint issues are limited to only a few people. Says me with my beautifully painted 22 V6

 

[Fasttoys]

115k

Looking at the high bidder’s profile. OMG. This person has purchased over a dozen high end cars on BaT. I would hate to be bidding against him. Or her

At that volume, it must be wholesalers.

 

[Stiffarm]

Why would someone pay $120K plus $7.5K in BaT fees and still have to pay all the various taxes and registration in their state if applicable when there’s been a handful of Emiras on ebay, facebook marketplace etc for sale as low as $110K without any auction fees for a few weeks now?

BAT buyer fee is capped at 5%

 

[Stiffarm]

BAT buyer fee is capped at 5%

Sorry, the BAT buyer's fee is capped at $5,000.

 

[Nick in Sydney]

Sorry, the BAT buyer's fee is capped at $5,000.

No, it was increased to $7,500 in January

 

[Stiffarm]

No, it was increased to $7,500 in January

Thanks, did not know that. Whoever owns BAT is making serious coin.

 

[Vampyre]

No, it was increased to $7,500 in January

In short,
Makes me wonder why buy anything on BaT with buyer fees. So many other places to buy the same cars without fees.