How Much is a Lotus Elite Worth at Auction?

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.