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Australia market

Lotus Elise (S3)

2010–2021

Add to Garage
  • Lowest price

    $84,500

    Since 2020

  • Median price

    $84,500

    Since 2020 · n=1

  • Highest price

    $84,500

    Since 2020

  • Sold cars

    1

    All time

  • Sell-through

    100%

    Of 1 lots

Based on 1 verified auction result

HOLDStablelow confidence

$61,467

Market value · recent verified sales

+7.3%

12-month change

Hold or Wait

Appreciating but pace slowing. Patient buyers may find better entry.

Prices have been flat (+7.3%). No strong directional signal.

MSRP

Collectibility

5/10

Collectible

3-Year Forecast

$72,468

+18%

5-Year Forecast

$76,441

+24%

Estimates pool 4 verified sales across United Kingdom, Australia — cross-market prices FX-adjusted at Jul 2026 rates.

Market scores

28

Desirability

Illiquid

10

Liquidity

Good

60

Resale Outlook

Marque analyst note

The Lotus Elise S3 sits at a median of AUD $61,467 in the Australian market, up 7.3% over the past twelve months—a modest gain that reflects steady rather than speculative interest. The HOLD signal suggests the market is pricing these cars fairly relative to recent trading activity, with no compelling momentum in either direction.

Liquidity remains a significant constraint: only a single transaction has been tracked in the past year, and there are currently no active listings. This illiquidity means buyers and sellers should expect extended search periods and limited negotiating leverage, particularly for those seeking a quick transaction. The low desirability score underscores that these cars appeal to a narrow audience rather than broad collector demand.

The Elise S3 ranks as a stable modern classic with a collectibility score of 5, though specific production volumes are not available to confirm rarity. The average mileage of just 1,027 kilometres on the one transaction recorded is exceptionally low, suggesting either a recently imported example or one that has seen minimal use—a condition typical of garaging rather than active ownership.

Base projections show modest appreciation potential, with the median expected to reach approximately AUD $72,468 over three years (17.9% gain) and AUD $76,441 over five years (24.4% gain). These forecasts are anchored to limited transaction data, so confidence in the outlook is low. The projections rest on stable demand and the car's positioning as a lightweight, road-focused British sports car with enthusiast appeal rather than any broader market trend.

Depreciation Benchmark

  • Current avg value$61,467
  • Annual appr. rate+7.3%/yr

Est. Annual Ownership Costs

  • Insurance (agreed value)$910
  • Maintenance$3,050
  • Storage$4,870
  • Depreciation— (appreciating)
  • Total annual cost$8,830
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months0
  • Sell-Through0%

Market Snapshot

  • Active Listings0
  • Avg Sale Price$84,500
  • Avg Mileage at Sale1,027 km
  • Recent Price Range$84,500 – $84,500
  • Total Sales Tracked1

Recent sales

  • $84,500

    Collecting Cars · 19 Mar 2024

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.