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Cars / Lotus / EliseLive
1996 Lotus Elise

✦ Shifty Estimate

$12,900

Medium confidence$11K to $27K
12 months median
$20K
Sales, 12 months
2

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1996 Lotus Elise

1996 to 2001 · Convertible

Price history

$20k$40k$60kApr 20182020202120222023202420252026✦ SHIFTY ESTIMATE TODAY $13k
Sold Bid, not sold
9 sales · 5 unsoldmedian $20kupdated Aug 2026

Specifications

Engine
Inline-4, 1.8L
Power
118 hp
Torque
122 lb-ft
0 to 60
5.8s
Top speed
126 mph
Transmission
Manual
Drivetrain
RWD
Designer
Julian Thomson

Common questions

How much does a Lotus Elise cost?

Over the past 12 months, 2 have sold publicly at a median of $19,625. The Shifty Estimate for a well-kept example is $12,900. Cars have changed hands anywhere from $10,965 to $26,600, depending on mileage, color, and history.

What is a 1996 Lotus Elise worth today?

The Shifty Estimate is $12,900. That sits below the $19,625 median of actual sales because the estimate weights the most recent results most heavily, and recent sales have come in under the longer-run median. We rate confidence medium: 2 public sales in a year is a thin market, and the spread between them is wide.

What has a Lotus Elise sold for at auction?

The 3 most recent public sales we have on file:

  • $12,250Aug 12, 2026blue · 58,049 mi
  • $27,000Dec 18, 2025Silver · 71,800 mi
  • $71,777May 21, 2025Gray · 3,200 mi

The original Elise marked Lotus's triumphant return to its core philosophy: add lightness. Weighing just 1,588 pounds, this mid-engine marvel proved that Colin Chapman's ethos still had relevance in the modern era. The extruded aluminum chassis, bonded and riveted rather than welded, created exceptional rigidity while keeping weight minimal. Power came from Rover's K-series 1.8-liter four-cylinder producing 118 hp—modest on paper, but transformative in practice thanks to the car's featherweight construction. The result was 0-60 mph in 5.8 seconds and handling that redefined what a sports car could be. With only 21,000 built across all variants during this generation, early Elises have become increasingly sought after. Clean examples command strong prices, particularly Series 1 cars with their distinctive headlights and purist appeal. The Elise didn't just save Lotus—it reminded the world why lightweight, driver-focused sports cars matter.