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United Kingdom market

Lotus Elise (S2)

2001–2010

Add to Garage
  • 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

Lotus Elise

Based on 8 verified auction results

SELLDepreciatingmedium confidence

£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
DVLA quarterly data, last updated 2025 Q4. Licensed = currently taxed and on the road. SORN = registered as off-road (storage, restoration).

Vehicle History Signals

  • Auction lots tracked35
  • Damage or salvage declared0 (0.0%)
  • No damage declared35 (100.0%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

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 deals

Market 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 7
  • £18,611

    Collecting Cars · 2 Jun 2026

  • £13,000

    the-market · 27 May 2026

  • £13,750

    Collecting Cars · 9 Apr 2026

  • £14,750

    Collecting Cars · 2 Sept 2024

  • £18,000

    Collecting Cars · 24 Apr 2024

  • £18,000

    Collecting Cars · 18 Oct 2023

  • £18,000

    Collecting Cars · 10 Sept 2023

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