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Lotus

Lotus - ELISE (1998)

Looking for a quick answer to the age‑old question of the Lotus ELISE price? Whether you’re eyeing a pristine 1998 model or wondering how a used car stands in today’s market, this snapshot delivers the essential facts you need to make a well‑informed decision about the Lotus ELISE 1998 price and the overall value curve of this iconic sports coupe.

The 1998 Lotus Elise—often celebrated for its lightweight design, sharp handling, and unmistakable “chicken wings” rear end—has cemented its place among drivers who crave a pure driving experience. That particular model year launched at a launch price that, adjusted for inflation, would still be considered a bargain relative to similar two‑seat roadsters. Today, the used Lotus ELISE price for well‑maintained 1998 examples tends to drift within a range that reflects an owner’s maintenance habits, mileage, and the perpetually high demand for classic Lotus performance. This same figure illustrates why collectors might type in the query “what is a 1998 Lotus ELISE worth?” to get an instant ballpark value.

Key Specifications

  • Engine: 1.6‑liter (1,595 cc) 4‑cylinder, 4 valves per cylinder, 120‑140 hp (depending on trim and tuning)
  • Transmission: 6‑speed manual or 5‑speed manual, backbone shaft when equipped with the original gearbox
  • Fuel Type: Type 92/95 unleaded gasoline
  • Vehicle Weight: Approx. 988 kg (2,178 lbs) curb weight
  • Dimensions: