1974 Lotus Elan +2S 130/5 Convertible

Lot Number: 157

1974 Lotus Elan +2S 130/5 Convertible

Rare Hexagon of Highgate conversion, fabulous colour combination, factory galvanised chassis, suspension upgrades and a £13,000+ recommission 220 miles ago.

  • ESTIMATE: £12,000 - £15,000

+ buyer's premium of 12.5% plus VAT (15% incl VAT)

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LIVE AUCTION: This lot will be auctioned on Sunday 1st June, 2025 at 11.00am BST at Bicester Heritage, OX26 5HA

  • Body Colour

    BODY COLOUR
    Silk Red

  • Drive

    DRIVE
    RHD

  • Registration Number

    REG NUMBER
    VGN 110M

  • Odometer Reading

    ODOMETER READING
    92223 Miles

SUMMARY

Rare Hexagon of Highgate conversion, fabulous colour combination, factory galvanised chassis, suspension upgrades and a £13,000+ recommission 220 miles ago.

DESCRIPTION

  • In October 1972 the +2 S 130/5 was launched and as suggested by the name, this final derivative of the Elan was to have a 5-speed gearbox and 'big valve' 1,558cc engine with higher compression for the UK-market
  • The factory never offered a soft top +2 so a number of Lotus specialists stepped into the breach including, as this example, Hexagon of Highgate 
  • Converted from new in 1973 and first registered in 1974, this very attractive big-valve, 5-speed car is finished in Silk Red with an Oatmeal leatherette interior, Walnut dashboard and Lotus alloys
  • With its most recent owner and her late husband since 2003
  • Extensively recommissioned including an engine rebuild in 2019 (£13,500), with details in the file and only 220 miles since
  • Replacement galvanised chassis (11/11/1996) and has been set up with Pat Thomas suspension/steering and rose-jointed wishbones
  • Supplied with its history file containing the handbooks, invoices etc., an excellent hood and tonneau and two sets of keys
  • Not started for some time so an element of recommissioning is to be expected

SPECIFICATION

Lot Number
157
Make
LOTUS
Model
ELAN +2S 130/5
Variant
Convertible
Registration Number
VGN 110M
MOT Expiry
Exempt
Chassis Number
73121924L
Engine Number
P31755
Transmission
Manual
Body Colour
Silk Red

GALLERY

SPECIALIST

Consignor

For further information regarding this lot please contact Richard.

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SCORE:

80 / 135

Exterior


Bodywork:

Glass:

Paint:

Chrome:

Trim:

Interior


Door-Cards:

Carpets:

Seating:

Headlining:

Dashboard:

Boot:

Remarks

Good / to very good.

Engine


Components:

Appearance:

Starting:

Running:

Remarks

Extensive recommissioning carried out in 2019 - including engine stripped down and rebuilt at a cost of £13,500. Now today, the engine turns but the car has not been started. It would be best to trailer the car from the Auction.

Transmission


Gears:

Clutch:

Drive-Shaft:

Remarks

Everything was running when put away. But untested today.

Running Gear


Axles:

Chassis:

Suspension:

Bearings:

Brakes:

Wheels & Tyres:

Remarks

Moved freely on the winch and we pushed the car onto the trailer. But all untested. Best to have a look for yourself.

Electrics


Minor:

Major:

Remarks

Untested.

Vehicle History

Remarks

Soon after the Elan was first produced, Lotus realised the need for a car that could accommodate the families restricted to the ownership of just one car. The Plus 2 was born and introduced in 1967. The car was 30cm longer, and 18cm wider than the Elan, making it more spacious for both the front seat occupants and it also enabled two small seats to be fitted in the rear. The Plus 2 had arguably better proportions than the Elan and the styling was unmistakably Lotus. Hexagon of Highgate developed the theme even further by engineering their own Plus 2 S Cabriolets in the early 1970’s. In 1971, the +2S 130 was launched with a ‘Big-Valve’ version of the Twin Cam engine giving 126bhp hence the “130” suffix. It produced a maximum torque of 113lb/ft at 5,500 rpm, plenty of power to fully enjoy this lightweight sports car. The +2S 130 was an appreciable step up in quality with a raft of ‘luxury’ fittings from quartz halogen fog lights to burr walnut facia and electric windows. The sales brochure of the time boasted, “Standard equipment includes leather-rim wheel, steering lock, cigar lighter, dipping mirror, air horns, electric washers and two-speed wipers.” In October 1972 the long called for five speed gearbox finally arrived to make cruising somewhat less frantic and the Lotus Elan +2S 130/5 became the ultimate iteration of the fabulous Elan range. Seller’s Notes - Lotus Elan +2 130/5 Convertible 1974 VGN110M This excellent Lotus Elan +2 was my father’s (and then more recently, my step-mother’s when she inherited it from him) - they are the most recent 2 owners since 2003. In 2019 the car had extensive recommissioning done, costing £13.5k (please see the documentation for the details), after which it was in superb running condition. The valuation of the car by Maidstone Sports Cars was £32k, stating that it is “very rare”. Since its 2019 major servicing, the car has done only 219 miles (from the 2019 MOT record, to its odo reading now). All of those miles would have been covered in 2019 because in 2020 the pandemic/lockdown and then my father’s health meant that the car has been kept in the garage since then. He had decided that he wanted to change the coolant to a waterless coolant but didn’t get around to doing this due to the circumstances of 2020-21. So the new owner should be made aware that there is currently no coolant in it. My father had a lifelong passion for sports cars, and had a string of them over the years, but this Lotus Elan +2 was his favourite. The “classic car gene” didn’t get passed on to his children so we have decided to sell it. Whilst we haven’t driven the car, the engine does apparently turn over freely and there is no indication that the engine won’t be found to be in top condition after a small amount of recommissioning that you would expect to need to do before driving a classic car that has not been driven for 5 years. We’ve listed the car as a ‘non-runner’ for the reasons outlined above, but it should not take much for it to be an absolutely great runner, as it was the day it was last on the road 5 years ago. The car has been kept in a good dry and clean garage. The interior looks impressive and the external appearance is also rather good although the paintwork shows some crazing. The engine bay looks to be in nice condition. Overall, we’d rate the car as in ‘good to very good’ condition, but as explained above there is no reason to suspect that this won’t easily be upgraded to ‘excellent’ or ‘outstanding’ once the new owner gets it on the road. Car History The car has a lot of documentation included with it from older service and ownership records prior to 2003 when my father became the owner. From the photocopies of the V5c / transfer of ownership info he had been given, he compiled the following timeline of where in the country the car has ‘lived’ during its 51 years. He noted that some in the list are motor traders where the car was bought/sold, between former registered keepers. Comes with 2 sets of keys. Also included: 2 Workshop Manuals, the Weber & Dellorto Carburettor Book, plus assorted relevant guides and information sheets.


About the Seller Rating


A lot's rating is compiled based on information provided by the seller of the lot. We strongly recommend viewing a lot prior to bidding as we cannot guarantee the accuracy of the information provided by the seller. We will not entertain any disputes over seller rating details.

Poor Numerous faults / Extensive damage / Many missing parts / Project or donor car

Fair Basic condition / Requires attention mechanically & cosmetically / Some damage / Some missing parts

Good Everyday useable classic car / Driven & enjoyed / Commensurate with age & mileage / Drives and looks as it should / Some vehicle history

Very good Almost pristine / Mechanically & cosmetically sound / Driven only occasionally / Extensive vehicle history

Excellent Pristine / Original / Documented nut & bolt ground-up restoration / Stored professionally / Trailered only / Complete vehicle history

Please note all lots must be removed from the venue no later than 2pm on Monday 2nd June. Collections will be from 9am - 2pm. If you cannot collect yourself, please do get in touch with our transport partner, EM Rogers, who will be happy to help you.

Uplift by EM Rogers back to their storage facility in Northampton is £175 plus VAT. Storage is £10 plus VAT per day for the first seven days and £40 plus VAT per week thereafter.

For larger vehicles such as vans, transporters etc. please contact EM Rogers on +44 (0)1604 755511 for a quote.

If you cannot collect, or do not let us know transport arrangements before noon on 2nd June, we will send the car to EM Rogers on your behalf.

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