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Cars / Lotus / EliseLive
2011 Lotus Elise

✦ Shifty Estimate

$56,700

Medium confidence$22K to $77K
12 months median
$39K
Sales, 12 months
4
Original MSRP
$54,990 · ▲ 3% since

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2011 Lotus Elise

2011 to 2021 · Convertible

Price history

$20k$40k$60k$80kJul 20182020202120222023202420252026✦ SHIFTY ESTIMATE TODAY $57k
Sold Bid, not sold
14 sales · 2 unsoldmedian $39kupdated Jun 2026

Specifications

Engine
Inline-4, 1.8L
Power
134 hp
Torque
136 lb-ft
0 to 60
5.4s
Top speed
127 mph
Transmission
Manual
Drivetrain
RWD
Original MSRP
$54,990

Common questions

How much does a Lotus Elise cost?

A 2011 Lotus Elise cost $54,990 new. Over the past 12 months, 4 have sold publicly at a median of $38,875. The Shifty Estimate for a well-kept example is $56,700. Cars have changed hands anywhere from $22,375 to $77,001, depending on mileage, color, and history.

What is a 2011 Lotus Elise worth today?

The Shifty Estimate is $56,700. That sits above the $38,875 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 sold for at auction?

The 3 most recent public sales we have on file:

  • $54,000Jun 20, 2026Saffron Yellow · 36,000 mi
  • $23,750May 31, 2026yellow · 38,787 mi
  • $79,000May 17, 2026Aspen White Metallic · 10,000 mi

The second-generation Elise represents Lotus at its purest—a 1,984-pound testament to Colin Chapman's 'add lightness' philosophy. Built around an extruded aluminum chassis bonded with aerospace adhesives, this mid-engine marvel delivers an intoxicating power-to-weight ratio that embarrasses supercars costing five times more. The naturally aspirated 1.8-liter Toyota-sourced 2ZZ-GE produces 190 horsepower, enough to rocket the featherweight roadster to 60 mph in 4.3 seconds. What sets the Elise apart isn't straight-line speed but its telepathic handling—unfiltered steering, perfect balance, and communicative chassis make every drive transcendent. With Lotus ending production in 2021 due to safety regulations, clean examples are increasingly sought after. The manual-only transmission and analog driving experience feel refreshingly pure in today's digital age, making the Elise a future classic for purists who value engagement over convenience.