"I don't think you're going to be able to pick and choose the perfect used Esprit--there are probably only a handful available in your budget, and you're not the only one looking for one..."
"My advice? Check everything out on the car. Heat, A/C, power windows, mirrors, propensity to overheat, clunks from the rear end, brakes, clutch, everything. Then, adjust your price accordingly. The major service is at 50,000 miles, where all belts should be replaced. I was lucky--my P.O. had done that only 2,000 miles before I bought it. I'm sure it cost him $800-$1,000US to do it. If the car has a strong gasoline smell in the cockpit (mine did) rejoice--it means you can beat them up on the price (I did-to the tune of a thousand bucks) and then fix it in 20 minutes with a couple of bucks worth of hose."
"If the heat doesn't work--don't buy it. Trust me. If it burns oil, don't buy it. If the P.O. did all his own work, be wary. Probably a bunch of cobbled up repairs lurking for you at a later date."
"Things to look for:"
1. Left rear engine mount bad. This is a lot more common than I thought. Causes a lot of grief, too. It wrecked a $400 exhaust pipe, and a $%#@ coolant hose on my car.
2. Worn belts, especially the timing belt. I wouldn't count doing them by yourself; right away-it's quite a job. After you've dug into the car a whole bunch, it' becomes only really, really, hard to replace them yourself, instead of impossible.
3. Gasoline smell--very, very common. No big deal.
4. Warped front rotors. Check for a pulse in the brake pedal after you've warmed the brakes up a bit. Mine has 'em, but I couldn't tell on the test drive, I guess because they get worse as they heat up.
5. Electrical problems. Check EVERYTHING from the blinkers to the rear window defogger. If it has a switch, turn it on. Do NOT assume that if something doesn't work, you can fix it in ten minutes. You'll see what I mean the first time you snake your torso under the dash.
6. Engine being in tune. I would be very, very, wary of purchasing an Esprit that didn't start right up and idle like a kitten. Again, don't assume that you can just "tune it up" in your garage like an old Triumph. Maybe you can...maybe you can't.
7. Exhaust leaks. If the exhaust is bad, you're in for big bucks.
8. Body damage isn't a super big deal, judging from the guys on the list who do their own fiberglass repairs. I don't, so price accordingly. Expect spider webbing under the paint on an older car. They all have it, and it doesn't bother me a bit. I understand a good, quality paint job on this car can easily cost $8,000 to $10,000 US, so don't buy one expecting to get it repainted for a couple of thousand.
"A lot of this is academic. There were so few Esprits available when I was shopping, that I didn't really have much choice. I doubt you will either. My car has been so maintenance intensive, I would caution someone against buying a Lotus with pre-existing ailments. You'll have your hands full just keeping it running."