1998 Lotus Elise
Offered by H&H Classics | Duxford, U.K. | October 20, 2022
The Elise is one of the most vaunted cars to be produced by Lotus… ever. The Series 1 launched in 1996 and remained in production until 2001. It was never sold in the United States (the Series 2 was). It was a light car – just under 1,600 pounds – with a fiberglass body and an aluminum chassis. It’s pretty much the direct descendent of the Lotus Seven.
The base model was powered by a mid-mounted 118-horsepower, 1.8-liter Rover inline-four. A five-speed manual was the only gearbox option, and all cars featured a targa roof. This car has small hidden upgrades, like S2 suspension and upholstery.
These cars are very active track day participants and are still used regularly. So whether or not they have officially become collectable is debatable, but I think these early cars are just on the cusp of it. This one has 28,000 miles, and that mileage is likely to be kept very low by future owners. It should sell for between $27,000-$29,000. Click here for more info.
Update: Sold $30,642.