I was looking at an old Classic & Sportscar magazine the other day.

It was from 1994 and one of the articles was about an S1 Lotus Seven.
The article had them driving it all over the country and going and meeting people who would be considered important to the story of the Lotus Seven.

As is usual with these types of article, they had an add on test of a current Caterham.
In this case it was a Classic. With steel wheels, no screen, 1600 xflow and a single carb, it was the entry level model of the period.

Cost then ?


£8,495.

Current value ?

Here's the very cheapest used car that Caterham themselves have for sale right now - a Classic.
http://www.caterham.co.uk/assets/html/preowned/preowned_class ic_details.html?ID=338

That's a fairly safe way of owning a legend I reckon.

[Edited on 21/2/09 by zilspeed]

Caterham tend to try everything keep the residuals high it will be interesting to see what happens with the number of redundancies in city types who tend to be the main buyers of Caterham's product ---- generally I think Classic Car prices are about to take a massive hit.

Interesting the value of real Lotus built S3 Sevens isn't high . --- S1 hold their values but S3 models buyers seem to prefer Caterhams.

Caterham have just dropped the price of their entry level kit to £5,450 (ad in the front of complete kitcar this month).
Going to be a tough time for replicas at that price considering what you get for the cash.