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1978 Lotus Elite 503- Rare Project Car

1978 Lotus Other Elite 503

Condition: Used
Make: Lotus
Model: Other
Type: Coupe
Trim: Elite 503
Year: 1978
Mileage: 21,390
VIN: 7610204458
Color: Red
Engine: 2.0L Slant 4, DOHC
Cylinders: 4
Fuel: Gasoline
Transmission: 5 speed manual
Drive type: RWD
Interior color: Tan
Vehicle Title: Clear
Item location: Indianapolis, Indiana, United States
Air Conditioning, Power Windows
Cassette Player

Description for Lotus Other 1978

This is a 1978 Lotus Elite 503. This is a rare and great project car.
This is sold as a Project Car with odometer reading 21390. This old 1978 Lotus may look very clean, however, the running condition is unknown, it needs a lot of work. Model-wise it’s a 1978 503 Elite (the earlier Type 75), of which 2,535 were built from 1974 to 1982. It has been garaged for the past 3 years. It’s a project I had been meaning to have worked on, but just never had the time.
The red exterior is in very good condition. It’s made of fiberglass which doesn’t rust. The lotus emblems are held together in the front by tape. The “S” piece from “Lotus” on the trunk has fallen off but is still with the car. The side mirrors are still in good working condition. The front bumper has been dismantled.
All tires will need to be replaced.
The interior seating is in good condition, will need to be cleaned. The flooring and underside into the front will need work. There are parts in the trunk that cannot be identified. The battery is believed to be locked in the trunk along with other mechanical parts. The trunk is controlled electrically, it will need to be able to run in order to access the trunk.
The car is not running and not driving. It is being sold as-is, where-is with no warranty expressed or implied.
The car is located in Indianapolis and we encourage inspections.

Please call 317.502.2107 for any questions