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Lotus

Lotus - ELISE (2002)

Discover insights on the Lotus ELISE, the lightweight icon that has thrilled driving enthusiasts since the early 2000s. Whether you’re curious about the Lotus ELISE price for a brand‑new model or the value of a 2002 classic, our comprehensive overview delivers useful data without guessing the exact amount—because pricing really depends on market, mileage, and condition.

Below, you’ll find a detailed specification list, an analysis of how quickly a Lotus ELISE loses value, and a comparison with driving‑DNA‑matched rivals. By the end, you’ll know whether a 2002 Lotus ELISE is worth the investment and how it stands in today’s sports‑car landscape.

  • Model Year: 2002 – 2023 variants
  • Engine: 1.8‑L Lotus‑designed 4‑cyl, 16‑valve, DOHC
  • Power: 160–300 hp depending on trim (2002 model tops ~175 hp)
  • Torque: 125–170 lb‑ft
  • Transmission: 5‑ or 6‑speed manual (automatic optional on later models)
  • Drive: Rear‑wheel drive with a 6‑speed sequential option
  • Fuel Type: Premium gasoline
  • Weight: Approx. 2,470 lbs (varies with trim)
  • Dimensions: Length 3,739 mm – 3,855 mm; Width 1,788 mm – 1,809 mm; Height 1,280 mm – 1,332 mm
  • Wheelbase: 2,139 mm – 2,209 mm
  • Top Speed: 136–144 mph (dependent on edition)
  • 0‑60 mph: 4.6–5.1 seconds

These specifications underscore why the Lotus ELISE remains a benchmark for “pocket‑size” performance: a lightweight chassis, a finely tuned engine, and an engaging driving circle. If you’re looking for a particular model’s price, keep in mind that the Lotus ELISE price will vary by trim, optional equipment, and the year it was built. In contrast, a 2002 model typically commands a lower price than newer Groovy‑ or 2023‑Y vehicle, yet it still offers enviable handling dynamics.

Lotus ELISE depreciation is a key factor for both buyers and owners. While a brand‑new Lotus ELISE may hold its value better than mass‑produced cars due to lower mileage and desirability, it will still experience depreciation. A conservative estimate is that a Lotus ELISE typically loses 15‑20% of its value in the first year, reflecting the impact of initial market acceptance and performance drives. From year two onward, the rate usually slows, dropping about 7‑10% per year for well‑maintained examples. Therefore, over a five‑year span, a brand‑new Lotus ELISE might depreciate roughly 45‑55% from its original purchase price.

What is a 2002 Lotus ELISE worth? Answers vary, but a good rule of thumb is that a well‑conditioned 2002 model with a reasonable mileage (


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