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Cars / Lotus / Elan Series 1Live
1962 Lotus Elan Series 1

12 month median

$6,703

Sales, 12 months
2
Original MSRP
$1,499

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1962 Lotus Elan Series 1

1962 to 1964 · Roadster · 1,000 built

Price history

No recorded sales yet. We track auctions and listings for this market continuously.

Specifications

Engine
Ford Kent Twin-Cam, 1.6L
Power
105 hp
Torque
108 lb-ft
0 to 60
7.1s
Top speed
115 mph
Transmission
Manual
Drivetrain
RWD
Curb weight
1,500 lb
Production
1,000 units
Original MSRP
$1,499
Designer
Ron Hickman

The Series 1 Elan launched Lotus into the modern era, introducing Colin Chapman's revolutionary backbone chassis and fiberglass body construction that would influence sports car design for decades. Ron Hickman's elegant styling perfectly captured the early 1960s zeitgeist, while the Ford Kent twin-cam engine delivered genuine 115 mph performance from just 1,558 pounds. Only 1,000 Series 1 cars were produced between 1962-1964, making them the most coveted Elan variant. The pop-up headlights, distinctive side vents, and minimalist interior epitomized Chapman's 'simplify and add lightness' philosophy. These early Elans established the template for the modern lightweight sports car, influencing everything from the Mazda Miata to modern Lotus models. Pristine Series 1 examples command premium prices among collectors who appreciate both the model's historical significance and its pure, unfiltered driving experience that remains compelling six decades later.