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eBay watch: 1970s Lotus Elite 503 car

What does £500 get you these days? A new mobile phone perhaps? Well right now it could get you something far more substantial. This 1970s Lotus Elite 503.

A car very much of its era, it needs bringing into the modern age a little with some restoration. According to the seller, the car, dating from 1976, was driven to its current location, so is a 'runner'. But you will need a trailer to get it back to your home and you'll need to do some work to get it back to being a day to day runner.

However, on the plus side, it is sold with a pile of spares, including thew plastic covered dashboard, rear bumper and lights, exterior trim, a complete tailgate and much more. So the job might not be as hard as you think – if you now your way around cars.

When completed, it will look stunning. No question. £500 is the current price, with no bids as yet.

Find out more at the eBay website