Lot 20: Lotus Elite 501, Model Year 1974

Auctionata Paddle8 AG

October 24, 2016, 6:00 PM CET
Berlin, Germany
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Description: Lotus Elite 501
Lotus Cars plc, model year 1974
First registered: 01.10.74
Vehicle identification number: 74020073A
Engine identification number: 103982-12-000724
Engine: 133 kW (181 PS), 4 cylinder, petrol
Manual transmission gearbox
Mlieage: 68,000 km (600 km with the new engine)
Body color: Red
Interior: Black
New general inspection/exhaust emissions test
H-certification (historic), new TÜV
Extras: Rear-wheel drive, Alloy wheels, Radio/CD, Sports suspension, Weber carburettor, stainless steel exhaust system with manifolds, new brake system with disk cylinder spax damper, dual-fan Cooling System, new fuel pump, ignition coil
Special conditions: 15 % buyer's premium plus VAT

Very rarely is a Lotus Oldtimer with such condition found. It was at the time, the most expensive 4-cylinder 16 valve engine sports cars built.



The body is in good condition, the overall paint finish is very good. The vehicle interior, including the trunk are in good condition. The engine compartment gives a very good overall impression.



Test reports of the restoration with images, Motor newspapers and invoices are available.




Shipping costs excl. statutory VAT and plus 2,5% (+VAT) shipping insurance.



ONLY THE CONDITION REPORT ON THE AUCTIONATA WEBSITE IS VALID.
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Payment

Accepted forms of payment: American Express, MasterCard, Paypal, Visa, Wire Transfer
Shipping: Auction House will ship, at Buyer's expense
Buyer's Premium
€0 - 1,000,000: 18.0%
€1,000,001 - 2,000,000: 18.0%
€2,000,001+: 18.0%
From: To: Increment:
€0 €19 €1
€20 €39 €2
€40 €99 €5
€100 €199 €10
€200 €399 €20
€400 €999 €50
€1,000 €1,999 €100
€2,000 €3,999 €200
€4,000 €9,999 €500
€10,000 €19,999 €1,000
€20,000 €39,999 €2,000
€40,000 €99,999 €5,000
€100,000 €199,999 €10,000
€200,000 €399,999 €20,000
€400,000 €999,999 €50,000
€1,000,000 €1,999,999 €100,000
€2,000,000 €3,999,999 €200,000
€4,000,000+ €500,000
Shipping Terms: Auction House will ship, at Buyer's expense
Buyer's Premium: The purchase price stated in the auction catalogue ("Starting price") does not include the buyer`s premium inclusive VAT. This is also the case with the hammer price. Thus Auctionata charges the Buyer's Premium additionally.

The amount of the buyer`s premium is calculated as follows:

at a hammer price up to 1.000.000,00 Euro the buyer´s premium is 29.75 % (including VAT); the buyer's premium amounts to 23.8 % (including VAT) of the winning bid for classic cars.

at a hammer price between 1.000.000,01 Euro and 2.000.000,00 Euro the buyer´s premium is 23,80 % (including VAT) for the (partial) amount of 1.000.000,00 Euro and 17,85% (including VAT) for the (partial) amount between 1.000.000,01 Euro and 2.000.000,00 Euro

at a hammer price more than 2.000.000,01 Euro the buyer´s premium is 17.85 % (including VAT) for the (partial) amount of 1.000.000,00 Euro, 17,85% (including VAT) for the (partial) amount between 1.000.000,01 Euro and 2.000.000,00 Euro and 14,28% (including VAT) for the (partial) amount beginning with 2.000.000,01 Euro.
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