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    How Much is a Lotus Elite Worth at Auction?

    The Lotus Elite typically sells around $30,000 at auction, but values vary widely depending on year, mileage, and condition.

    The Lotus Elite represents a highly variable segment of the classic car market, with limited market activity reflected in 3 auction sales over the past 12 months. The median sale price currently sits at $30,000, with values ranging from $20,500 for entry-level examples to $52,500 for collector-grade vehicles. This 107% price spread indicates significant variation in condition, mileage, and provenance among sold examples.

    As a Lotus Elite, this vehicle occupies a accessible classic segment. Since its introduction in 1959, it has become a staple for Lotus enthusiasts.

    The availability of 1,480cc Coventry Climax FWB Inline-Four and Original 1,216cc FWE SOHC Inline-Four engines and Manual (4-speed) and (4-speed) transmissions significantly impacts the resale value. Enthusiasts often prioritize specific mechanical configurations, with manual transmissions and high-performance engines typically commanding a premium in the current auction climate.

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    Price History

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    Market Analysis & Trends

    The Lotus Elite market is currently characterized by selective availability. With a median price of $30,000, it remains a key benchmark for collectors.

    When evaluating a Elite as an investment, consider that high-quality, low-mileage examples frequently command prices in the 75th percentile ($52,500 or higher). This price gap highlights the market's sensitivity to vehicle preservation.

    Related Insights

    • Diminished Value Data

      Comparable sales for insurance claims

    • Full Price History

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    • Instant Value Estimator

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    Lotus Elite Overview

    The Lotus Elite is a seminal classic car that redefined British sports car design with its distinctive fiberglass body and sleek, aerodynamic lines. Known for its lightweight construction, the Elite was powered by a robust 1.2-liter engine, offering a thrilling driving experience that emphasizes agility and performance. This vintage masterpiece holds historical significance as one of Lotus's early ventures into innovative engineering, making it a coveted addition for collectors and enthusiasts alike.

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