Jeff:
I've owned 5 Esprits including a 1980 S2, 1989 SE, 1997 V8, 1994 S4 and until three days ago, a 1999 V8.
Any of the later model Esprits, the SE, S4, S4s or V8 are very reliable. Don't believe those who say otherwise. There was some issue with the V8 cylinder liners are some early cars but most have been corrected. Are they a Honda "NO", but last four gave me very little trouble and I drove them. Buy the newest one you can afford and get it checked out thoroughly.
Feel free to call me at (314) 889-0572 and may I suggest you join Lotus Ltd. - North America's Largest Lotus Car Club (
www.LotusCarClub.org)
Mark Pfeffer