Lotus Elise (S2)
2001–2010
Lowest price
£13,000
Since 2020
Median price
£18,000
Since 2020 · n=7
Highest price
£18,611
Since 2020
Sold cars
8
All time
Sell-through
100%
Of 8 lots

Based on 8 verified auction results
£13,750
Market value · recent verified sales
-19.4%
12-month change
Wait or Sell
Prices declining. Sellers should consider acting; buyers should wait.
Median sold price down 19.4% over the last 12 months. Loss is likely to continue, especially for this segment.
MSRP
—
Collectibility
5/10
Collectible
3-Year Forecast
£13,750
+0%
5-Year Forecast
£13,750
+0%
Market scores
34
Desirability
Thin
30
Liquidity
Poor
10
Resale Outlook
How many remain
See how many Lotus Elise remain on UK roads · 2025 Q4.
Licensed
430
Cars
SORN
560
Cars
Sourced from DVLA registration data via howmanyleft.co.uk. SORN = Statutory Off-Road Notification (registered but off-road).
Option premiums
What every option is worth.
Built ≤ 2005
−£3,555-20%19 with · 10 without · high confidence
Touring Package
+£2,138+12%7 with · 26 without · med confidence
Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Prices are adjusted to the model's median mileage before comparing. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.
Marque analyst note
The Lotus Elise S2 has retreated to a median of £13,750 in the UK market, down 19.4% over the past twelve months. The sell signal reflects sustained downward pressure, though the sample size of just three transactions in that period warrants cautious interpretation of the trend's durability.
Recent transaction activity remains sparse, with only eight sales tracked across the available dataset and zero active listings at present. This thin liquidity suggests that buyers and sellers face meaningful friction in executing trades, and pricing discovery is limited by infrequent deals.
The Elise S2 occupies the stable modern classic tier, classed as collectible with a score of 5, yet desirability currently registers as low. The typical transacted example carries around 14,851 miles, consistent with the car's status as a relatively low-mileage, daily-use modern sports car rather than a high-mileage workhorse.
Base-case projections hold the median flat at £13,750 through both the three and five-year horizon, suggesting that further meaningful depreciation is not anticipated once the recent downturn stabilizes. However, no material appreciation is expected either, reflecting modest collector demand and the car's position between enthusiast and mainstream markets.
The medium confidence rating reflects the thinness of transaction data and the car's marginal collectibility profile. Owners seeking to exit should consider current levels as a potential floor, while prospective buyers may find the depressed pricing attractive if usage appeal rather than asset appreciation guides their purchase.
Depreciation Benchmark
- Current avg value£13,750
- Annual appr. rate-19.4%/yr
UK Park (DVLA)
- Still licensed430
- SORN'd (off-road)560
- Total in DVLA records990
- All Lotus Elises3,740
Vehicle History Signals
- Auction lots tracked35
- Damage or salvage declared0 (0.0%)
- No damage declared35 (100.0%)
Est. Annual Ownership Costs
- Insurance (agreed value)£450
- Maintenance£900
- Storage£2,400
- Depreciation£800
- Total annual cost£4,550
For sale now · 1 live
All live dealsMarket Liquidity
- Active Listings0
- Sales Last 12 Months3
- Sell-Through38%
Market Snapshot
- Active Listings0
- Avg Sale Price£16,302
- Avg Mileage at Sale14,851 mi
- Recent Price Range£13,000 – £18,611
- Total Sales Tracked8
Recent sales
Showing latest 7Indicative only — not investment advice. Past performance is not a reliable indicator of future value.
