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Est: £28,000 - £32,000

1998 Lotus Elise Series 1 RS160

Iconic Auctioneers • UK • 14 Nov 2026

Market Position:

Highest 20% of Past Sales

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Est: £28,000 - £32,000

1998 Lotus Elise Series 1 RS160

UK • 14 Nov 2026 • Lot 249

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Vehicle Details

AI Listing Summary

A 1998 Lotus Elise S1 RS160 conversion in desirable Chrome Orange with extensive recent mechanical and chassis refurbishment. Notably features a rebuilt engine, gearbox, suspension, and brakes, with low mileage and a clean MOT.
This well-developed example benefits from 14 years of single ownership and substantial investment, making it a compelling proposition for enthusiasts.

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Condition 

8

Excellent mechanical/cosmetic condition, recent rebuilds

/ 10

59,951 miles

SCCGA1112WHC33060

RHD

United Kingdom

Manual

R798 YLA

1998

Auction

Est: £28,000 - £32,000

1998 Lotus Elise Series 1 RS160

Iconic Auctioneers • UK • 14 Nov 2026

Market Position:

Highest 20% of Past Sales

Track live values and receive listing alerts

Description

Few sports cars have embodied Colin Chapman's philosophy of performance through light weight quite as successfully as the original Lotus Elise.

Introduced in 1996, the Series 1 combined an innovative bonded aluminium chassis, minimal weight and unassisted steering to deliver an extraordinarily involving driving experience.

Its enduring appeal was further recognised in 2023 when the Series 1 Elise was voted Best Sports Car of the Last 25 Years by readers of Piston

Heads, comfortably outperforming its rivals in a poll celebrating the publication's 25th anniversary.

Almost three decades later, the earliest examples remain particularly sought after for their purity, simplicity and remarkable agility. This 1998 example is an especially interesting interpretation of that original formula.

Finished in distinctive Chrome Orange, it features the early lightweight 'green glue' bonded chassis, aluminium hubs and Metal Matrix Composite (MMC) braking system, characteristics associated with the...

Price Analysis vs Other Elise S1s

£7,875

Lowest Price (Since 2020)

£20,041

Median Price (Since 2020)

£70,547

Highest Price (Since 2020)

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World Record

If this vehicle sells at the mid-point of its estimate it will set a new world record for the [enter model]

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Highest 20% of Past Sales

Compared to previous sales, the mid-point estimate places this vehicle in the highest 20% of past sales for the Elise S1.

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Lowest Price

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Average Price

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen [enter number] sold before

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Icon

This vehicle is an icon of the game. Any collection would benefit from having one

Previous Elise S1 Sales

MOT Information

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Latest MOT mileage:

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MOT History

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MOT Mileage Trend

Gallery

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Auction House Headquarters

Iconic Auctioneers

The Forge, Harwoods House, Banbury Rd, Ashorne, Leamington Spa

Based near Warwick, Warwickshire, Iconic Auctioneers conducts physical collector car and motorcycle auctions at automotive events across the UK, including Silverstone Festival and the NEC Classic Motor Show.

Insurance

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