Market Finds: Elite Was Chosen for "Complete Rebuild"

Elite Was Chosen for “Complete Rebuild”

By Petrolicious Productions
September 10, 2014

The car: 1961 Lotus Elite

Price: $79,000

Location: Grove, Oklahoma, USA

Seller’s Info: Click Here

The Elite marked a new era for Lotus. It was a proclamation that the small English company could be more than just a race and kit car manufacturer, that it was a firm capable of producing legitimate road machines.

This particular Elite has a legitimacy all its own. The seller states, “[I] purchased [it] from the second owner in 1984. I know both previous owners and have known the car since new.” He or she also states that this numbers-matching coupe comes with “many old receipts and correspondence.”

Eight years after taking possession of this fiberglass Brit, the current owner completely overhauled it. He or she says, “The car was completely disassembled and all worn parts [were] replaced, [while] others [were] repainted or plated.” The Coventry Climax inline-four was rebuilt and balanced. It features a “period-correct larger remote oil filter and oil cooler” and dual SU carburetors. It’s now connected to an Austin-Healey Sprite differential. Parts such as the hoses, bearings, seals, and U-joints were replaced. The windshield, back glass, and front wishbones are new.

Although this classic has around 90,000 miles on it, it’s only covered approximately 1,500 since its reconstruction.

If you know of a great, stylish car for sale and would like us to feature it, please let us know!

Petrolicious makes no claim as to the accuracy of the information contained in the car’s original listing, nor will it be held responsible for any errors in said information. If you’re interested in this car, do your homework and research it extensively before you buy.

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Frances Bergman
Frances Bergman
8 years ago

This is a beautiful car and if I had seen it earlier then I would have bought a similar one. For now I got a Citroen from [url=””]auto reflex[/url] and it is also a great car.

Darin R
Darin R
8 years ago

Cool car!