Ferrari 328/348 vs. Lotus Elise | FerrariChat

Ferrari 328/348 vs. Lotus Elise

Discussion in '348/355' started by roester, Aug 24, 2005.

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  1. roester

    roester Guest

    I've loved Ferraris since I was a kid. I was lucky enough to be able to afford a '85 308 GTSI in my 20's, which I then sold, and subsequently was now back in the market for the next step. I had been looking all over this website reading all your posts, etc. and finding out as much as I could about the 328 and 348, which I anticipated would be by next car. Then I came across a post about the Lotus Elise, which I had never even heard of. I gotta say that I thought it was sweet looking. I went and looked at it at the dealership and was really impressed - very racecar like. So I started weighing some different things and I have to say that the Lotus came out on top. Probably the biggest thing for me was the full bumper to bumper that the Ferraris just don't have. Plus, you never know on a Ferrari whether the speedometer is even accurate. I recently looked at a gorgeous 328 where the speedometer only worked intermittently and the owner tried to play it off and gave me the impression that had he fixed it he wouldn't even tell the next potential owner. I also live down south where overheating is a major issue and worried me greatly about having another Ferrari in daily traffic. While the Ferrari is still my first love and nothing ever really compares I ended up buying the Lotus Elise. I've gotta say that I think it is an incredible car. It has looks of a $200k car for $50K and the performance is off the charts. You would not believe the amount of attention the car gets. It is mind boggling how people react. The car does 0-60 in 4.4 seconds and rides around just like a Ferrari. I would never disparage Ferrari as it is my first love and I think they are truly beautiful and wonderful cars (if I could afford a brand new one with a full warranty I certainly would do so), but Lotus is making a big move into the US market with this car and it is pretty exciting to be part of it. It would be really great to see Ferrari enter this market with a similar car.
     
  2. 134282

    134282 Four Time F1 World Champ
    BANNED

    Aug 3, 2002
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    Carbon McCoy
    If a speedometer needle played a role, in part or whole, in your decision on whether to get a 3X8 or an Elise, then you're probably better off without the Ferrari anyway...

    The ill-tempered Ferraris of the '80s have so many things an Elise (or any other Lotus) could never replicate... The sight, the sound, the feel - it's the whole package... Even that faint smell of oil when you open the rear deck lid after a long, hot drive... The metallic click of the gearshift, the beat-up, baseball glove-conditioned leather seats that catch you EVERY time you hit that gas and the sultry whine of the engine through the exhaust when you climb past 5 and 6 thousand RPMs... The "double-hug" you get from a Ferrari in the middle of a tight corner... These are things no manufacturer can replicate or reproduce... The needle hardly seems like an issue at all when compared to bigger experiences that ooze that distinct, unmistakable Ferrari signature...

    With that said, the Elise is an awesome car and i hope to be able to drive one someday... They look like LOTS of fun... Congratulations on your purchase...
     
  3. maquino

    maquino Karting

    Jun 22, 2005
    219
    Well, I recently acquired another 328 after considering an Elise ...

    The Elise drives wonderfully, particularly with both the sports & touring packs and the "Stage 2" exhaust (which gets rid of that weenie Toyota engine sound).

    The Elise drives quantum better with the sports pack, which is lighter wheels, bigger tires, better brakes/suspension. You will probably have a hard time test-driving an Elise at a dealership, but trust me that the difference here is significant.

    However it is ridiculous to get in or out of. You can do it (I am 6'), but it is definitely a yoga maneuver. Forget it if you're a girl wearing a dress/skirt. Best way to get in:

    Move seat all the way back.
    Sit on edge.
    Right leg in.
    Supporting body with hands on edge, move rump onto seat.
    Left leg in.
    Adjust seat forward so you can reach pedals.

    To get out, reverse the sequence.

    Beyond that it pretty much boils down to a personal decision if you like the Lotus or the Ferrari "atmosphere" and car-culture.
     
  4. Koby

    Koby Formula 3

    Dec 14, 2003
    2,307
    The Borough, NJ
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    Jason Kobies
    Carridge

    return

    is

    your

    friend

    :D


    That said, I agree with your point, the Elise is a great car, very much a modern interpretation of the Dino (although giving Ferrari credit here is a little misguided, Colin Champman was the champion of small and light).

    As to whether Ferrari would/should make a similar car, judging by their current lineup, they are certainly moving in the other direction. Now there is talk of a new Dino, but I would be surprized and impress if Ferrari could even break 3000lbs, nevermind 2500lbs and it would still cost twice as much.

    It does make a nice alternative to a 3x8, every bit as exotic, but more dependable.
     
  5. CDM

    CDM Formula Junior

    Oct 10, 2004
    340
    The Elise is a toy. It is a big Go-Kart.
    These statements not meant to be put downs, it is just what is so.
    Elise is brilliant at the track, even without Sport Package ($2480).
    The cars stays with big-time cars at the track except on long straights.
    The Elise may be what you want, but I suggest you spend lots of time at EliseTalk.com and gain familiarity with the issues.
    There are 60-3000 mile Elise cars for sale all over the place, and there is a reason. It is not for everyone. Many bought for sexy looks and find them unlivable for daily drivers.
    The good news is this: cars that were selling for $5000 over MSRP are now being discounted $2500 by some dealers. Very low mile used pristine cars can be had for $5000-$10,000 savings. Prices hovering around $40-$42k, depending on options and milage.
    Sport Pack suspension is generally agreed to be too harsh for street driving.
    Speedo error is reportedly 9%.
    Re. Heat. Early cars, upto VIN 2200 have dual oil coolers. Those after only have 2 coolers if the car has Sport Package.
    Owners are reporting front and rear clam damage from the slightest engagement with terra firma or iron. Even parking lot engagements are running $8000-$20,000. Plastic does not get repaired, it gets replaced and seems to be a sellers market. SUV backing up don't see the 44 inch high Elise.
     
  6. 134282

    134282 Four Time F1 World Champ
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    Aug 3, 2002
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    Carbon McCoy
    By whose/what standards...? Can you expound on that...?

    LMAO...!
     
  7. sherpa23

    sherpa23 F1 Veteran
    Owner Rossa Subscribed

    May 28, 2003
    9,993
    Rocky Mountains
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    Bastuna
    One of my friends, a member here, has had an '89 328 GTB for several years and sold his Elise after only a few months. Maybe he'll chime in but he doesn't have any regrets.
     
  8. CDM

    CDM Formula Junior

    Oct 10, 2004
    340
    Sport Pack consists of firmer springs and shocks, plus wider tires of softer compound ie more grip.
    SP owners report that bumpy sections of freeway are not tolerable with SP. Great for track.
    The elegant solution seems to be: keep the wider, softer compound tires and change out dampers/springs to single adjustable Nitrons or double adjustable Ohlins. Firm things up for the track. Buick ride when touring.
    Jack of this board is the best authority on Elise that I know. He has many miles of both touring and track time. He has also driven all the suspensions.
    Jack, jump in here.
     
  9. widdlewade

    widdlewade Formula Junior

    Sep 24, 2004
    317
    Bay Area/NYC
    Three things:
    1) What are you going to do with her? Is she going to be street driven or tracked?;
    2) Right now you are comparing apples and oranges. The Lotus is extremely light and doesn't have the hp vs the Fcars. Not that the lack of hp matters: getting the most outof the least is what Lotus has made its reputation on, and is extremely good at it. Who else can make a car go so fast for so little hp?
    3)Ferrari is thinking about making a more affordable line of cars pretty soon to be badged the Dino. I don't know much about them, but they seem to be going after the market that the Elises are in. I'm sure there is more about it somewhere here in Fchat.

    Good Luck!!!
     
  10. ferrari4evr1

    ferrari4evr1 Formula 3

    May 8, 2005
    1,249

    Well said......
     
  11. PassionIsFerrari

    PassionIsFerrari Formula 3

    Aug 15, 2004
    2,454
    The other thing to remember too is that your paying MORE for that Elise then a 328 or 348 ON THE AVERAGE. Owning that Elise for 5 years will cost you more in depreciation then the Ferrari will cost you in maintenance. And since maintenance on Elise and depreciation on a 328/348 are next to nothing, we'll just cancel those out. You'll lose 10-20K in the next 2 years on that car depending on what kind of deal you got. Conversely, take that extra 15K you would have saved on the 348 and throw a twin turbo in it and measure those performance specs...

    Like NNO said, a lot on the plus side of Ferrari that isnt about 0-60 and the quarter mile...otherwise we would all be driving suupped up Mustang Cobras.
     
  12. patpong

    patpong Formula 3

    Jul 6, 2004
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    Patpong Thanavisuth
    To me the main reason of buying a Ferrari is its styling. The shape that no other cars had. The line of the 328 or 308 is forever beautyful. I enjoy staring at it as much as I enjoy driving it. However, as for being a great car?, there are a lot out there to match the quality of the 328 or 308. The Elise is far more reliable and the performance is much better. The Porsche and other Janpaness supercars can match and better the Ferrari in nearly every field these days. But they are not Ferrari. To me at the end of the day, what I found out about cars hobby is the beauty of it that I really fall in love. I think people pay $10 million for the Ferrari 250 GTO not because of its performance. I have one performance car, the Lotus Esprit and that's it, I don't need more. But I can never have enough of the beautyful cars....... Ferrari 250 GTO, Ferrari 250 GT California, Duesenberg Model J, Bugatti Royal, Jaguar XJ120,...
     
  13. 285ferrari

    285ferrari Two Time F1 World Champ
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    Sep 11, 2004
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  14. Vlad328

    Vlad328 Formula Junior

    Mar 16, 2004
    279
    New Orleans, LA
    Full Name:
    Vladimir Zuzukin
    I've test driven two Lotus Elise cars at the dealer, at least one of them had the sports suspension package upgrade. I too was smitten with these cars initially, especially during the 12 month wait for them to actually get to North America. A dealer will let you test drive the car if you demonstrate greater knowledge of the vehicle than they and you come across as a serious buyer.

    Comparing a 328 and Elise is impossible as they are two very different driving experiences. I agree that the Elise is made to be a track car that can be driven on the street. The extra firm suspension and spartan interior is great but only if that is what you really want. The fact that it is a pain to literally climb in and climb out adds to the track feel of the car. It is raw and uncompromising as a car. I love that. And it is absolutely best on the corners.

    So here are my complaints. I find it underpowered, making it more a go kart than a car. I have my doubts about the quoted 0-60 times of under 5 seconds. I've driven an Audi S4 with twin turbo V-6 that quotes similar acceleration, and that car pushes you against the seat leaving butterflies in your stomach when you floor it. The Elise doesn't deliver those G forces. Even at highway speed, when I downshifted and hit the gas, sure the engine made a lot of noise but the car just didn't surge forward like I expected. Now maybe I'm just not driving it right, but I have been driving a Toyota engine and manual transmission on a TRD suspension package for years, so I don't think that is the problem.

    As far as Elise reliability compared to Ferrari, you guys are giving the Elise way too much credit. Have you forgotten it is a Lotus? Yes, it's under warranty... for 2 years. Then what? Most of the maintenance requires removal of body panels to access mechanical components, so it likely will need a Lotus certified mechanic. And I know of at least one owner of both a 328 and an Elise who was happy with his Ferrari for years as it delivered what he expected from the car, but sold his Elise within 6 months of ownership because of multiple return trips to the dealer for various mechanical problems. Maybe he had a lemon. But if he was this unhappy with warranty covered repairs, what about when the warranty expires (soon)? These cars are not proven yet. The Federal Elise is different in many ways from the European earlier versions that have been around for 5 years. Way too early to start praising its reliability.
     
  15. 911Fan

    911Fan Formula 3

    Apr 15, 2004
    1,294
    Southern California
    I like the idea of an Elise. And I've seriously thought about buying one, though I'm not crazy about the styling. However, the more I read on the chat rooms (well, mostly e-talk), the less I'm rationally inclined to actually go through with it.

    Still, it's interesting to read what the truly devoted are willing to put up with -- parts which fall off, A/C which dies by freezing, parts which distort in the heat, "splooge" which seeps from the bonded chassis (don't know who first used that term but it's brilliant :)), batteries which leak acid all over the trunk, headlamps which burn and smoke in the sunlight, a rubber-sealed trunk which leaks, clam shells which need replacing at the slightest damage, etc, etc.

    Some of this stuff is actually kind of refreshing for a modern day production car. Character and all that. But I think I understand why there are so many low-mileage Elises for sale all over the place.

    All that said, I've driven the Elise, it's a ton of fun, and one of these days I'll probably wind up buying one against my better judgment!
     
  16. Jas

    Jas Formula 3

    Mar 2, 2005
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    Well I'd say I'm one of the very few who can actually answer this impartially as the owner of an Elise and also a 348. I've also driven practically every Elise variant there is, and also many Ferraris.

    First of all, you can't compare the heavy Federal Elise to those we drive in Europe, especially the early S1 and S2 cars. These were much lighter, and faster than the Federal car. The Toyota engine makes up for this somewhat, but is very peaky and low in torque.

    A modded Euro Elise (very common to mod them here) has mindblowing performance. My Elise blows my Ferrari 348 Spider away in all performance terms - handling, grip, feel, acceleration. Only in top speed is it slower. A 360CS or a 430 should (only just) beat it round a twisty track though I reckon. (My modded & lightened one is 245bhp and 730kg.)

    The sports suspension is fine for UK roads. Assuming you get the same suspension that is, in the US.

    The car does feel like a (very potent) go kart, but that's it's appeal.

    Where my Ferrari scores over it is in terms of comfort, and most of all, with the glorious sound that the Ferrari makes. Nothing else.

    Just an honest opinion :)
     
  17. Jas

    Jas Formula 3

    Mar 2, 2005
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    Jas
    I've had mine for 5 years.

    Yes, I've had a mirror fall off. Many others have too.
    I don't have A/C (adds weight!)
    No factory fitted part distorted with heat
    No splooge seeping
    I had a leaky battery. Replaced under warranty.
    No water leaks, boot (trunk) or elsewhere
    No burning headlamps
    About the clams..... well don't hit anything :)


    Overall, it's pretty reliable for a handbuilt low volume sports car. Nothing I can't accept. It's never broken down on me, despite very hard use.
     
  18. PerryJ

    PerryJ Formula 3

    Jun 5, 2003
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    John Perry
    I weighed the Elise vs. the 348 option too, have to say the Elise won, but I ended up buying something completely different at the last minute ;)
     
  19. Jas

    Jas Formula 3

    Mar 2, 2005
    1,060
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    Jas
    They're just totally different cars, and not truly comparable. But if I were ever forced to sell one of my two cars, it's the Ferrari that would go.

    Having said that, in that case I'd probably prefer to sell both cars and replace them with a F430CS - as it's the 360CS and 430 which have especially impressed me in performance terms amongst Ferraris.

    It's just a pity there are so many cars on the road with the 360/430 shape :( I'd have already bought one if this were not so.
     
  20. maquino

    maquino Karting

    Jun 22, 2005
    219
    LOTUS = Lots Of Trouble, Usually Serious :)

    Actually the Elise has a 3-year warranty, and a factory-blessed extended warranty is available through Lotus dealers for another 2 years.

    The handling improvement of the "sports pack" is definitely worth any increase in the jounce factor. The sports pack transforms the handling of the car.
     
  21. NYCFERRARIS

    NYCFERRARIS Formula 3

    Mar 2, 2004
    1,009
    was a big jaguar collector, so the Lotus was a natural for me, always wanted a lotus europa or Elan but htey were really really bad cars...I test drove a Lotus turbo esprit and it was the most fun I ever had driving a sports car..unreal porshe turbo like but with a mid engine...the car was such crappy build condition though and I knew I would never ever be able to sell it... wound up going into maseratis (merak SS) and then once I got the itlaian bug I was on a slippery slope to ferrari where I am now...still.....that lotus was teh best drivers car I had, love the 3X8 series as well ...trying to stay as close as possible to that TRUE sportscar and away from the GT's...teh Elise ,thought, and I have seen a few, look like kit cars (why do lotus' all kinda have that look) I think the pure sports car in the elise and the performance is wild...glad they are finally in the US
     
  22. Ken

    Ken F1 World Champ

    Oct 19, 2001
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    Kenneth
     
  23. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,572
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    I actually canceled my Lotus order - I was on the initial list and had put down a $2K deposit - after seeing and sitting in the first U.S. samples at the LA Auto Show. The car felt insubstantial, like a disposable go kart, as someone else here said, and the interior was plasticky. This is all by design, to keep weight down, and I guess if I wanted performance over anything I would've accepted it. The Toyota Celica engine does seem like a good idea when it comes to maintenance out of warranty.

    I'm only 5'6" and pretty athletic (weights and tennis), so the contortionist entry/exit wasn't a deal killer. I did think it was a bit overwrought in terms of styling, with all the plastic vents and grilles and scoops, and looked a little toy-like. I hate to admit it, given my longtime antipathy toward GM, but the upcoming Pontiac Solstice is the looker in the sub-$50K 2-seater category (whether it has any guts or quality, I wouldn't venture a guess.) GQ just had a feature on it, in Italy.

    What I do like about Ferraris, and even more mass-produced cars like Porsches, is that they do double duty, admirably, as social cars. I.e., someone with a skirt would actually get in one and enjoy it.
     
  24. Ken

    Ken F1 World Champ

    Oct 19, 2001
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    That's why they're so rare. They are in a constant state of restoration! Any Ferrari makes a Europa look reliable. But on the plus side, they are a baby Elise. The Twincams like mine put out respectable power and can pull 1 G with sticky tires. They draw crowds as much as anything out there. And they are rediculosly easy to fix, with mostly inexpensive parts. Mostly!

    Once you get one restored and sorted, they are reliable enough to be daily drivers and have enough trunk room to do grocery shopping for a family of four. (I do every week). But good examples are never for sale so you need to do the work yourself. It would cost way too much to farm it out as even "perfect" cars sell for under $20k.

    The Elise has all the thrills of a Europa, with much more power, much less room, and a warrenty.

    Ken
     
  25. roester

    roester Guest

    so many of you are right that there is nothing like the sound of a ferrari - old or new! and nothing compares to the beautiful classic lines of a 308 or 328. or any of them for that matter (except the 360 has now been copied by everyone). for me it was a really tough choice and i looked for several months at many different ferraris. what always worried me was i didn't know what i would be getting into. i could be getting into a car like my last ferrari that was an absolute joy and had zero problems, or i could be getting into a nighmare and the fear for me comes in when i have to drive three hours to the closest ferrari dealer that has every intention of hitting a home run on every service call and i would have no way to dispute anything they say needs to be done. for example, i was trying to get a PPI done on a 348 i was looking at and i couldn't even get the ferrari service dept to call me back. i took it as a sign. having the lotus 3 year or 36,000 mile bumper to bumper as part of the purchase price was what put me over the fence. i know now that i can drive the lotus everyday if i want to without having to worry about a $3000 service bill the next time i try to start it up. true, if i was a millionaire i would take the risk with the ferrari, because there is no car better than a ferrari in my opinion, but i'm also not a millionaire.

    one point that holds very true is the value of a ferrari will hold still and could even go up over time (if you have all records, nothing goes terribly wrong with the car, and mileage is correct). the value of the lotus is yet to be determined as it is throw away money for many rich enthusiasts and they can dump the car if they don't want it, while others will be buried in it for a time after paying sticker or a premium over sticker and cannot sell at a complete loss right away. regardless, i think once this lotus gets out into the mainstream they will begin to sell much stronger and values should level off, or not.

    as for the complaints, the majority of them are on the early US production cars. the cars they first sent over last year had several little issues which they have addressed and fixed. my car was a '05 May built car and doesn't have any of the issues that earlier car owners complained about (all service bulletins addressed at PDI). these little fix issues were to be expected as every ferrari owner knows that its always best to buy the last year of each model instead of the first. the positive thing is lotus has been on top of it and addressing these issues as they come up. the CEO of the company drives an elise everyday (he claims) so he is definitely in the middle of everything. as for complaints from owners on a message board for the elise - that is no surprise. complaining about the interior is kinda a silly since the car is meant to be driven, not luxurious. classic ferraris are the same way - crappy stereos, a/c, buttons, etc. you're meant to concentrate on the driving experience, not fiddling with a bunch of bells and whistles. i only wish ferrari would have come out with a sweet car in the $70k range brand new (no dino copy, but original styling). While I know some would consider such a cheap Ferrari sacreligious I would think they would sell like hotcakes through Europe, Asia, and the US.

    there is no substitute for a ferrari (it has and always will be the trend setter and leader in all sports cars), even a lambo doesn't have the same heart pumping excitement the lines of a ferrari give off. but for some reason the lines of the lotus hit me like a ferrari does. there was something about it that got my heart racing. it just looked cool. yes, it does have a kit-car look to it, but you can tell it isn't (proven by the reaction people on the street give it. i've seen the most outrageous positive reactions to this thing that I never could have imagined). as for getting in and out, true it is a major pain in the butt, but i decided this was part of the appeal of the car. i'm 6 feet tall and cannot get in or out with the top on, but they make a cool little targa top that you can roll back over the driver's side so you can get in and out and then close it back up. it takes 2 seconds and is a pretty cool feature. they only made roughly 2200 of them and it gave a feel like a race-car, especially paired with the push button start. and it is totally go-kart like, so if you like fast hair-pin turning then you would love this car. i purchased one with the sport package and the stage 2 exhaust and while the car rides like hell over bumpy roads, on all other roads it rides really great and loves the road. as for test driving one you won't be able to get the real power because that comes after you hit 6,000rpms, which shouldn't be done until you pass the break-in period. at 6,000rpms it is like a turbo charger kicks in. i'm envious of those that have both a ferrari and the new elise and hope one day to be able to afford that luxury.
     

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