27th Jul, 2025 12:00

The Gold Cup 2025 Classic, Performance & Supercar Auction

 
Lot 81
 

1998 Lotus Espirit V8 Turbo SE
Enthusiast-owned and maintained to the highest possible standard

Registration – R346 XJW

Chassis No. – SCCDB0824WHC15409

M.O.T. – June 2026

Odometer – 39,600

This cherished 1998 Lotus Esprit V8 turbo is a superb example of the legendary 175mph supercar from Hethel. With just four former keepers, the vendor has owned it for seven years. Finished in Azure Blue metallic, the car comes with a full MOT, along with a complete service history with work from both main dealers and Lotus specialists. Since 2018, it has been cared for by PJS Sports Cars; the firm’s MD, Paul Shipley, knows the car well and, says the vendor, has given express permission for any interested parties to contact him directly with any questions about the vehicle. The vendor says that when they acquired ‘R346XJW’, they spent over £30,000 on it. This included a new clutch, new aluminium fuel tanks, new brake discs and pads all round, and a full set of new tyres. The extensive paperwork file includes invoices for work done over the years, along with the original manuals. The odometer reads just 39,600 miles, with MOT evidence supporting this low mileage dating back to 2006.

‘R346XJW’ is a high-spec SE version of the Lotus Esprit V8. This means it comes with a leather interior, air conditioning and other luxuries – and features a distinctive high-rise rear wing. Complementing its Azure Blue metallic paint is an appealing Magnolia leather interior and Sand carpets. The vendor says the famous engine, plus the transmission, electrics and interior are all in 'excellent’ condition. Crucially, it is also completely original, boosting its investment potential. Factory-fit extras include an air bag and Alpine CD multi-changer. The vendor adds that, being a 1998 model, it also benefits from the comprehensively restyled interior, with updated switchgear and instrument binnacle. A Cobra 6422 immobiliser is fitted, while 1998-on cars also gained a much-improved clutch and gearchange mechanism.

The Lotus Esprit was one of the original supercars. The brainchild of Lotus founder Colin Chapman, it was designed by the legendary Giorgetto Giugiaro, who surely wouldn’t have foreseen how long-lived the wedge-shaped icon would be. Early models were more about handling prowess than engine power, but turbocharging eventually brought the power it was crying out for. Peter Stevens gave it a superb redesign in 1987, while the Esprit finally got the engine it deserved in 1996, with the launch of the Esprit V8. Boasting two turbochargers, the 3.5-litre motor had a race-bred flat-plane crank and produced 350bhp for 0-62mph in under five seconds. Developed at huge cost, the V8 was said to originally produce more than 500bhp, with Lotus detuning it to protect the gearbox. Today, it is fast becoming one of the most desirable Esprit of all.

In summary:

  • Cherished 1998 Lotus Esprit V8 SE
  • Less than 40,000 miles and extensive history
  • Just four former keepers

 

'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 £250 + VAT), Motorcycles and Bicycles 12.5% + VAT (minimum £250 + 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 £40,000 - £50,000

 

Auction: The Gold Cup 2025 Classic, Performance & Supercar Auction, 27th Jul, 2025

Our Gold Cup auction of classic, performance and supercars

Viewing Days:

Friday 25th July, 9am - 6pm
Saturday 26th July,12 noon - 6pm
Sunday 27th July, 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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