✦ Shifty Estimate
$48,300
▲ 3.6% · 12 mo- 12 months median
- $44K
- Sales, 12 months
- 34
- For sale now
- 5
- Original MSRP
- $39,280 · ▲ 23% since
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2002 Lotus Elise
2002 to 2010 · Convertible
Price history
Recent sales
34 sales on file
The full sale history lives in the app.
Every sale for this exact market, with the chassis behind each number. Drop your email and you are first in.
For sale now
2006 · Yellow · 20,251 mi · Park Place LTD
2005 · Storm Titanium · 1,633 mi · Private Collection Motors, Inc
2005 · Ardent Red · 7,843 mi · Exotic Car Trader Southeast
2005 · Starlight Black · 7,787 mi · MS Motors
2006 · 48,131 mi · Stevinson Toyota West
Specifications
- Engine
- Inline-4, 1.8L
- Power
- 120 hp
- Torque
- 122 lb-ft
- 0 to 60
- 5.8s
- Top speed
- 126 mph
- Transmission
- Manual
- Drivetrain
- RWD
- Original MSRP
- $39,280
Common questions
How much does a Lotus Elise cost?
A 2002 Lotus Elise cost $39,280 new. Over the past 12 months, 34 have sold publicly at a median of $43,500. The Shifty Estimate for a well-kept example is $48,300. Cars have changed hands anywhere from $30,850 to $55,545, depending on mileage, color, and history.
What is a 2002 Lotus Elise worth today?
The Shifty Estimate is $48,300, up 3.6% over the past 12 months. Confidence is high: 34 public sales in a year gives a firm read.
Is a Lotus Elise a good investment?
It has appreciated 23% against its $39,280 list price. Values are up 3.6% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $26,500 to $56,500, and mileage explains most of that.
What has a Lotus Elise sold for at auction?
The 3 most recent public sales we have on file:
- $34,500Jul 31, 2026Ardent Red · 61,000 mi
- $44,000Jul 24, 2026Magnetic Blue Metallic · 12,000 mi
- $54,250Jul 10, 2026British Racing Green · 67,000 mi
The Series 2 Elise represents Lotus at its purest—Colin Chapman's 'simplify and add lightness' philosophy distilled into 1,975 pounds of aluminum and fiberglass brilliance. Built around the revolutionary bonded aluminum chassis that debuted in 1996, this generation brought refined ergonomics while maintaining the raw driving experience that made the original legendary. The Toyota-sourced 1.8-liter 2ZZ-GE produces 190hp, but it's the sublime chassis balance and telepathic steering that captivates enthusiasts. With no power steering, ABS, or traction control, the Elise demands driver engagement in an era of increasing electronic intervention. Production spanned multiple variants across global markets, with US-spec cars arriving in 2005 after safety modifications. Values have steadily climbed as collectors recognize these as the last truly analog sports cars from Hethel, representing peak Lotus engineering before modern regulations diluted the formula.