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Cars / Lotus / Elise 111SLive
1999 Lotus Elise 111S

✦ Shifty Estimate

$20,200

Medium confidence$13K to $31K
12 months median
$17K
Sales, 12 months
4
Original MSRP
$32,000 · ▼ 37% since

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1999 Lotus Elise 111S

1999 to 2000 · Roadster

Price history

$10k$20k$30k$40kFeb 202120222023202420252026✦ SHIFTY ESTIMATE TODAY $20k
Sold
6 salesmedian $17kupdated Aug 2026

Specifications

Engine
Rover K-Series VVC, 1.8L
Power
143 hp
Torque
128 lb-ft
0 to 60
5.4s
Top speed
131 mph
Transmission
Manual
Drivetrain
RWD
Curb weight
1,598 lb
Original MSRP
$32,000
Designer
Julian Thomson

Common questions

How much does a Lotus Elise 111S cost?

A 1999 Lotus Elise 111S cost $32,000 new. Over the past 12 months, 4 have sold publicly at a median of $16,500. The Shifty Estimate for a well-kept example is $20,200. Cars have changed hands anywhere from $12,525 to $30,528, depending on mileage, color, and history.

What is a 1999 Lotus Elise 111S worth today?

The Shifty Estimate is $20,200. That sits above the $16,500 median of actual sales because the median counts every car that sold, including high-mileage examples, while the estimate describes a clean, low-mileage one bought today. We rate confidence medium: 4 public sales in a year is a thin market, and the spread between them is wide.

What has a Lotus Elise 111S sold for at auction?

The 3 most recent public sales we have on file:

  • $35,361Aug 14, 2026Yellow · 29,000 mi
  • $19,250May 4, 2026Azure Blue · 32,462 mi
  • $13,750Apr 9, 2026Magnetic Blue · 80,322 mi

The 111S represents the Elise at its early peak, featuring the potent Rover K-Series VVC engine that delivered genuine thrills in Lotus's featherweight chassis. Julian Thomson's original design language remained pure, while the Variable Valve Control system provided 143 hp that felt explosive in the sub-1,600-pound package. These early cars capture the raw essence of Colin Chapman's philosophy before safety regulations and market demands softened the formula. The 111S bridges the gap between the original Series 1 and later iterations, offering collectors the sweet spot of early Elise purity with improved refinement. Values have been climbing steadily as enthusiasts recognize this as perhaps the most authentic modern Lotus experience.