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LOTUS ELISE S2: BUYER'S GUIDE

Median Price: £33,907  •  Highest Price: £62,948  •  Lowest Price: £6,975  •  Sell-Through Rate: 87%

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Lotus Elise S2

Source: Classic Car Auctions

How much is a Elise S2 worth?

In our experience, we've seen plenty of Elise S2's go under the hammer and based on analysing every sale you can expect to pay £33,907 for one in average condition - that places it amongst the most expensive 40% of collector cars across our database.

As Lotus's go, a Elise S2 is on the higher end relative to other Lotus models. In fact this model is £4,233 above the median Lotus price of £29,674.

What is the maximum to pay for a Elise S2?

Across the 187 Elise S2's we've seen sell, the highest price ever recorded for this model is £62,948. It was sold by Bring A Trailer in the US on 20 Nov 2022.

See Highest Sale >

What is the lowest to pay for a Elise S2?

The lowest sale of all time for this vehicle is £6,975, Classic Car Auctions sold this car in the UK on 25 Mar 2023.

See Lowest Sale >
See Lowest Sale Since 2019 >

What is the background of the make / model?

Lotus produced this model between 2001 and 2010.

Lotus is a British sports car brand founded in 1952 by Colin Chapman. Known for lightweight, high-performance vehicles, Lotus has won numerous racing championships and produced iconic models such as the Elise and Exige. In 2017, Lotus was acquired by Chinese carmaker Geely, which has since invested in expanding the brand's lineup and global reach.

How common is a Elise S2?

According to data from the DVLA, the UK licensing authority, in 2022 there were 1,615 licensed vehicles alive and kicking on UK roads. There were also 1,098 vehicles that are SORNd - in other words not currently registered for the road. Note: that data is for this model and all of its sub-models.

Building on that, we've also seen plenty of these go under the hammer at auctions around the world, 215 to be precise. It's among the 4% most common collector cars to sell at auction.

Of those 215 times the model has gone to auction 187 have sold. In other words, this model sells on 87% of times it goes to auction - that's above the average sell-through rate we traditionally see.

How does the Elise S2 compare to other cars?

We know from reviews of this model by our 42,000+ strong community how this car performs across multiple variables. Those variables stack up to give a TCVScore which is a relative score of how good a car is across 5 variables in comparison to all other cars.

For the Elise S2, it scores a 56 out of 100 - that places it in the bottom 40 - 50% of all cars in our database.

How the car scores across all variables is below:

Styling: 5/10

Cool Factor: 6/10

Practicality: 4/10

Handling: 8/10

Speed: 5/10

To understand more or add your own review, click the link below.

See Full Price Guide >

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Why this article was created

Well, we've got one of the largest databases of sold classic car prices in the world so we thought we ought to help and put that data to good use. To be clear though, this article is not intended to be a full tour of every nook and sill of the Elise S2, rather it's meant to act as an introductory guide and overview of the market for this model.

It is here to provide you guidance on how much you should and shouldn't be paying for one based on the 215 we've seen previously.

If you're after more detail, we've got you covered. Click the button below to be taken to a the price guide for this model so you can see every single sale, price trend over time and lots more.

How this article was created

This article was created by looking back at sales of Elise S2 since the beginning of our database in 1992. We've scanned over 30 auction houses and results from over £15 billion of sold cars around the world to understand the where the market is at for this car.

The Classic Valuer takes that data and analytics which enables it to generate these articles at scale, for further information regarding the Elise S2 please visit the price guide linked below.

About The Author

Giles Gunning | The Classic Valuer

Giles Gunning

Giles is CEO of The Classic Valuer - one of the world's largest databases of sold classic cars in the world going back over 30 years covering over 11,000 models. Giles and The Classic Valuer are regularly referenced in key classic car publications including Classic & Sports Car.

Giles grew up around the iconic historic motorsport venue at Goodwood and enjoys his 1972 Alfa Romeo 1600 GT Junior around the Sussex roads. His primary car goal is to purchase back a selection of his grandfather's car's including his 1931 Riley Brooklands.

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