After 39 years, the foam bumpers have given up. Original paint is said to be another issue, but most of us would love to make "going over the hill" look this good. The rear wiper, defrost, and speedometer are supposedly the only electrical issues in the whole shootin' match. That's not too bad. Topping the list of positives must be the mouth-watering butterscotch interior, replete with cloth Recaros and a wooden shift knob. Any other Lotus (Europa, Elan, Type 14 Elite) sharing this Elite's backbone chassis with an interior in this condition would fetch a much higher price.
With power steering and air conditioning, this 503-trim Elite ranks toward the top of the Elite lineup. This was the first year of the automatic transmission, an option this Elite thankfully lacks. Interestingly, it's titled as a 1973, making it smog-exempt in California. As if this black-on-tan beauty needed any other reasons to be a good deal.
PhiLOL actually likes the tuna here, but abhors structural rust. Save the manuals.