Up for sale is a 1974 Lotus Elite M50, number 172 of production. This was Lotus’s first entry into the supercar market, designed to compete with Porsche and Ferrari. The car marked a huge jump from the Miata-type Elan and the specialty Europa, being a true 4 seater.
) and an engine out repaint that was an excellent job. It is a triumph blue and the paint code is the vinyl wallet also. Around this time, the rear windows and back hatch were completely blacked out, which is a great look.
The paint job is about 90%, with a few spots of small paint chips (see photos). The hide away headlights are held down by a vacuum system that no longer works but it would be very easy to adapt her to electric motors from a miata, fiero, mr2, etc. Something I always meant to get to but never did.
She is powered by the “brilliant” Lotus 907 engine, the first modern multi-valve 4 cylinder engine with twin Weber side-draft carbs and K+N filters. Lotus was truly cutting edge with the multi-valve 907, and it took Ferrari nearly 10 years to introduce their own multi-valve engine(1983). It produces 160 horsepower with the optional Webers, and the Elite has a wind-cheating shape which scored one of the lowest drag numbers ever recorded: