The July 2007 of "Classic & Sports Car" has a "Sports Car Supertest" where they try to decide 'what offers the most thrills on a budget: a '60s icon or a top modern classic?'
The Elan gets a good write up, holdings its own against the MGF, MX5, BMW Z3, and more traditional opposition such as the Alfa Spyder and MGB. I won't spoil it and announce the winner here, but it is well worth the read...
Oh, and the reckon the Elan prices can't stay this low much longer as the car is so good, but do advise you check the rear wishbones for rust!!!


