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£32,062 (Est: £35,000 - £40,000)

1962 Lotus Elite Series 2

United Kingdom • 18 Mar 2026 • Lot 62

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Vehicle Details

AI Listing Summary

This 1962 Lotus Elite Series 2, sold for £32,062, boasts a desirable Super 95 specification with twin Weber carburetors and a racing history in Germany.
While retaining many original features, including its interior, it has undergone some restoration and repairs due to an accident, and some reupholstery work in 1997.

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Condition 

6

The car has had some restoration work, reupholstering and accident repairs. There is also general wear and tear consistent with a car of this age, but it is in fine fettle with light servicing.

/ 10

Transmission:

Manual

Chassis No:

1621

Odometer:

[Odometer Reading]

Reg Number:

22 DYW

RHD/LHD:

RHD

Unveiled at the 1957 London Motor Show, the Elite (Type 14) was not only Colin Chapman's first production road car but also the world's first fibreglass monocoque (a contributory factor to its reputed 1,508lb.

kerb weight).

Perhaps influenced by the FIA's recently introduced 1,300cc GT racing class, the newcomer's specification included Formula Two-derived all-round independent suspension and four-wheel disc brakes (inboard at the rear).

Powered by a Coventry-Climax SOHC four-cylinder engine mated to a four-speed manual transmission, the basic variant claimed a top speed of over 120mph.

The work of Peter Kirwin-Taylor, aerodynamicist Frank Costin and John Frayling, the Coupé's sleek silhouette is still considered a masterpiece.

Unsurprisingly, given its radical design (and Chapman's budget constraints), the first running prototype did not emerge until May 10th, 1958.

Driven straight to Silverstone by Ian Walker, it promptly won a production sports car race against 1,600cc opposit...

Points of note

£16,690

Lowest Price (Since 2020)

£58,179

Median Price (Since 2020)

£105,750

Highest Price (Since 2020)

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World Record

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Bottom 20%

The sale price places it in the bottom 20% of sold prices we've ever seen for the Lotus Elite (1957 - 1963)

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Previous Sales

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