22nd Sep, 2024 12:00

The Bolesworth Castle September 2024 Classic, Performance & Supercar Auction

 
Lot 42
 

1999 Lotus Esprit V8 GT
An ultra-desirable model with comprehensive history file recording significant expenditure

Registration - V88 ESP

Chassis No. - SCCDA0824WHC15624

M.O.T. - November 2024

Odometer - 61,435

This ultra-desirable Lotus Esprit V8 GT – with a similarly desirable registration number! – is being offered by the vendor “very reluctantly,” and only because they’ve bought another Lotus. With only three former keepers, this 1999 example is fresh from a comprehensive overhaul by highly-rated Wirral specialists PNM Engineering. This included new discs, pads and ABS wheel sensors, plus a refurbished Kelsey Hayes ABS unit. Brake pipes were renewed throughout, while on the engine front, the twin-turbo powertrain benefits from one new and one refurbished turbo, a new clutch, a full gearbox rebuild and new engine mounts. The cambelts were replaced in November 2021, and it had new exhaust manifolds and studs less than 4,000 miles ago. The vendor says it has even had new radiators, including air conditioning radiators, with the only job outstanding being a new gasket for the air con pump. Other highlights include four new Yokohama tyres and fresh suspension ball joints.

‘V88 ESP’ has an odometer reading around 61,500 miles and boasts an enviable 13 stamps in its service book. The vendor says it was protected in storage for a few years as the previous keeper was overseas, but they have actively used it since they bought it three years ago – and they add it took them almost two years to find an example this good, with unmarked interior and paintwork. “It’s had well over £17,000 spent in a mere 4,000 miles, and there are a lot more previous receipts, MOTs and so on in the history file.” An interesting extra detail for enthusiasts are the tinted windows, which were only fitted to special Lotus show models.

The legendary Lotus Esprit was a masterpiece of design from Giugiaro introduced in 1976. As one of Lotus’ longest-running models, it has become a definitive car for the Norfolk sports car firm, with almost 11,000 models sold in a near-30-year period. For decades, the Esprit used a four-cylinder engine, which was later turbocharged, but never really delivered the exotic experience to match the rest of this divine supercar. That all changed in 1996, with the launch of the Esprit V8. The 3.5-litre twin-turbo Type 918 engine was an all-Lotus design, producing 350hp for 0-60mph acceleration in under 5.0 seconds. The engine was later used in the Esprit GT1 race car, which later became competitive in GT2 racing.

In summary:

  • Desirable Lotus Esprit V8 GT
  • Comprehensive history file shows extensive expenditure
  • Described as having 'unmarked paintwork and interior’

 

'A Buyer’s Premium applies to the Hammer Price of this Lot if your bid is successful, as per the following;  Motor Cars 12.5% + VAT (minimum £150 + VAT), Motorcycles and Bicycles 12.5% + VAT (minimum £150 + VAT); Registration Numbers 15% + VAT (minimum £50 + VAT); Automobilia 15% + VAT (minimum of £5 + VAT).'

 Potential buyers should satisfy themselves with the description and condition of each lot prior to sale. Each vehicle is offered ‘as is/as seen’ as per the terms and conditions for the auction, buyers are asked to inspect the vehicle in person or use a professional to carry out the service. Any disputes over descriptions will not be entertained.

 

Estimated at £50,000 - £60,000

 

Registration - V88 ESP

Chassis No. - SCCDA0824WHC15624

M.O.T. - November 2024

Odometer - 61,435

This ultra-desirable Lotus Esprit V8 GT – with a similarly desirable registration number! – is being offered by the vendor “very reluctantly,” and only because they’ve bought another Lotus. With only three former keepers, this 1999 example is fresh from a comprehensive overhaul by highly-rated Wirral specialists PNM Engineering. This included new discs, pads and ABS wheel sensors, plus a refurbished Kelsey Hayes ABS unit. Brake pipes were renewed throughout, while on the engine front, the twin-turbo powertrain benefits from one new and one refurbished turbo, a new clutch, a full gearbox rebuild and new engine mounts. The cambelts were replaced in November 2021, and it had new exhaust manifolds and studs less than 4,000 miles ago. The vendor says it has even had new radiators, including air conditioning radiators, with the only job outstanding being a new gasket for the air con pump. Other highlights include four new Yokohama tyres and fresh suspension ball joints.

‘V88 ESP’ has an odometer reading around 61,500 miles and boasts an enviable 13 stamps in its service book. The vendor says it was protected in storage for a few years as the previous keeper was overseas, but they have actively used it since they bought it three years ago – and they add it took them almost two years to find an example this good, with unmarked interior and paintwork. “It’s had well over £17,000 spent in a mere 4,000 miles, and there are a lot more previous receipts, MOTs and so on in the history file.” An interesting extra detail for enthusiasts are the tinted windows, which were only fitted to special Lotus show models.

The legendary Lotus Esprit was a masterpiece of design from Giugiaro introduced in 1976. As one of Lotus’ longest-running models, it has become a definitive car for the Norfolk sports car firm, with almost 11,000 models sold in a near-30-year period. For decades, the Esprit used a four-cylinder engine, which was later turbocharged, but never really delivered the exotic experience to match the rest of this divine supercar. That all changed in 1996, with the launch of the Esprit V8. The 3.5-litre twin-turbo Type 918 engine was an all-Lotus design, producing 350hp for 0-60mph acceleration in under 5.0 seconds. The engine was later used in the Esprit GT1 race car, which later became competitive in GT2 racing.

In summary:

  • Desirable Lotus Esprit V8 GT
  • Comprehensive history file shows extensive expenditure
  • Described as having 'unmarked paintwork and interior’

 

'A Buyer’s Premium applies to the Hammer Price of this Lot if your bid is successful, as per the following;  Motor Cars 12.5% + VAT (minimum £150 + VAT), Motorcycles and Bicycles 12.5% + VAT (minimum £150 + VAT); Registration Numbers 15% + VAT (minimum £50 + VAT); Automobilia 15% + VAT (minimum of £5 + VAT).'

 Potential buyers should satisfy themselves with the description and condition of each lot prior to sale. Each vehicle is offered ‘as is/as seen’ as per the terms and conditions for the auction, buyers are asked to inspect the vehicle in person or use a professional to carry out the service. Any disputes over descriptions will not be entertained.

 

Auction: The Bolesworth Castle September 2024 Classic, Performance & Supercar Auction, 22nd Sep, 2024

Our September auction of classic and performance cars

Viewing Days:
Saturday 21st September,12 noon - 6pm
Sunday 22nd September, 9am - 12 noon

If you wish to consign your vehicle to this auction, you can request a valuation here or by calling one of the Hampson Auctions team on 01606 828124

View all lots in this sale

 

Please click on the image below to discuss finance options with the Apollo Capital team led by Andy King and David Moss, experts in luxury, supercar & hypercar finance for more than 25 years. Before you bid, you must make sure you have the funds ready or have approved finance in principal with Apollo.

 

Fill in the form below and one of our team will get in touch with a no-obligation valuation. We will also take you through the consignment and valuation process, to enable you to make an informed decision.

If you prefer to contact us directly please call 01606 828 124 or email info@hampsonauctions.com

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