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Cars / Lotus / EliseLive
2002 Lotus Elise

✦ Shifty Estimate

$50,700

8.3% · 12 mo
High confidence$31K to $58K
12 months median
$46K
Sales, 12 months
39
For sale now
5
Original MSRP
$39,280 · ▲ 29% since

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2002 Lotus Elise

2002 to 2010 · Convertible

Price history

$20k$40k$60kSep 202320252026✦ SHIFTY ESTIMATE TODAY $51k
Sold Bid, not sold
87 sales · 7 unsoldmedian $46kupdated Sep 2026

Recent sales

195 sales

For sale now

5 listings
  • 2005 · Ardent Red · 7,843 mi · Exotic Car Trader Southeast$58,497
  • 2006 · Yellow · 20,251 mi · Park Place LTD$54,950
  • 2005 · Storm Titanium · 1,633 mi · Private Collection Motors, Inc$74,995
  • 2005 · Starlight Black · 7,787 mi · MS Motors$64,999
  • 2006 · 48,131 mi · Stevinson Toyota West$45,000

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, 39 have sold publicly at a median of $45,500. The Shifty Estimate for a well-kept example is $50,700. Cars have changed hands anywhere from $31,200 to $58,305, depending on mileage, color, and history.

What is a 2002 Lotus Elise worth today?

The Shifty Estimate is $50,700, up 8.3% over the past 12 months. Confidence is high: 39 public sales in a year gives a firm read.

Is a Lotus Elise a good investment?

It has appreciated 29% against its $39,280 list price. Values are up 8.3% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $13,000 to $89,444, 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:

  • $48,000Sep 3, 2026Chrome Orange Metallic · 25,000 mi
  • $45,500Sep 2, 2026Laser Blue · 58,000 mi
  • $49,250Aug 21, 2026Saffron Yellow · 15,000 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.