A 1995 [Lotus Esprit S4](https://fridayswatchlist.com/search?make=Lotus&model=Esprit%20S4)S project sold for $38,000 — that's strong money for a car that needs some love.

This particular Esprit is one of just 145 units made in its model year. With its turbocharged 2.2-liter inline-four engine and five-speed manual transmission, it offers a unique blend of performance and driving engagement. The eye-catching Calypso Red paint and black leather interior add to its allure. However, it’s been in storage for 17 years and requires mechanical sorting. The low mileage of 31k miles shown is attractive, but potential buyers need to consider the condition and age.

The bidding was lively, with 58 bids pushing the price up to $38,000. Given the rarity of this model and its condition, this price isn’t out of line. While some might argue it's a bit steep for a car that needs work, the mileage and the fact that it's a running project certainly add value. A well-sorted Esprit S4S can easily fetch more than this, especially when you factor in the current market for classic performance cars.

Community comments reflect a mix of excitement and relief about the outcome. One user noted, "Well bought for a runner," indicating they see potential in this Esprit despite its project status. This sentiment aligns with the price, suggesting that buyers are recognizing the S4S’s potential as a valuable asset.

For anyone hunting a similar project car, pay close attention to maintenance records and any previous work done. A well-documented history can make a significant difference in your ownership experience and the car's future value. Consider how much you're willing to invest in sorting out the mechanical issues, as this will ultimately determine whether you're getting a deal or stepping into a money pit.