1972 Lotus Europa

Twin Cam Coupe
Mecum Tulsa 2021
Friday, 11 June - Saturday, 12 June
$5,500
Sale Price
No
Reserve
12 June 2021
Sold Date
S78
Lot Number
#5+
Unrestored original
Mecum Auctions
Auction House
Chassis No. 3012R. White with gold over black. 1558/126hp Big Valve Twin Cam, 4-speed, power windows.

Evaluation: From the Dick Ray Estate collection. Another barn find. The paint is dull and has the usual Lotus stress cracks. The doors are so loose-fitting you have to physically lift them or they won’t close. The seats have some small rips and the dash is partially disassembled with a few boxes of spares on the floor. The original wheels are in good shape. No terminal rust spotted underneath, but it would be nice to see it on a lift. A cool car with mostly good specs (the optional 5-speed would be even better), but it’s a project not for the faint of heart or wallet.

Bottom Line: There are lots of headaches, steep bills and parts chasing in this Europa’s future, and even if everything is done to very high standards the finished product won’t be worth more than 30 or 40 grand in today’s market. It’s a car worth saving, though, and either the buyer stayed wisely cautious or there weren’t many Lotus fans in Tulsa willing to take on this job.

by Andrew Newton
17 June 2021
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.