This Lotus Elite was the first ever Elite to be sold to a customer, and it debuted at the 1958 Earls Court Motor Show, and it's going to be up for auction at Silverstone via a live online auction from July 31st to August 1st. This is a true piece of classic motoring history, and it will be very exciting to see how much this Elite fetches at online action. There's a lot of history behind this beautiful little sports coupe. It was originally sold to Chris Barber, the jazz legend, who took the car and prepared it as a

Regardless of where you are in the world, there is one major downside to motoring that is irrevocably true – depreciation. You can buy a brand new car, and the moment you drive it out of the showroom, its value has already decreased. It’s a given, and we accept it. However, there comes a time in most cars lives, when the depreciation and loss of value stops, and it’s value actually starts to increase again.