
Lotus Elise
2002 to 2010 · Convertible
A 2002 Lotus Elise cost $39,280 new. Over the past 12 months, 46 have sold publicly at a median of $44,625. The Shifty Estimate for a well-kept example is $49,100. Across the sales we have on file, prices ran from $13,000 to $89,444, depending on mileage, color, and history.
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- Median · 12 mo
- $44,625
- Sales · 12 mo
- 46
- Original MSRP
- $39,280Up 25% since new
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Sold $56,500

Sold $30,000

Sold $35,750

Sold $52,000

Sold $51,000
Every S2
Also on file, with no sale or listing yet: 111R.
Specifications
- Engine
- Inline-4, 1.8L
- Power
- 120 hp
- Torque
- 122 lb-ft
- 0 to 60
- 5.8 s
- 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, 46 have sold publicly at a median of $44,625. The Shifty Estimate for a well-kept example is $49,100. Across the sales we have on file, prices ran from $13,000 to $89,444, depending on mileage, color, and history.
What is a 2002 Lotus Elise worth today?
The Shifty Estimate is $49,100, up 6.3% over the past 12 months. Confidence is high: 46 public sales in a year gives a firm read.
Is a Lotus Elise a good investment?
It has appreciated 25% against its $39,280 list price. Values are up 6.3% 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.
How many Lotus Elise have sold?
Shifty has 207 public sales of the Lotus Elise on file. The earliest was on Feb 12, 2018.
What is the most expensive Lotus Elise sold?
The highest public sale on file is $89,444, on Apr 23, 2023.
What has a Lotus Elise sold for at auction?
The 3 most recent public sales we have on file:
- $37,750Oct 30, 2026White · 93,400 mi
- $31,750Oct 25, 2026Storm Titanium Metallic · 15,534 mi
- $56,500Oct 23, 2026Saffron Yellow · 19,000 mi
About the 2002 Lotus Elise
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.
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