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Lotus - Elise S1 (1996)
Are you curious about the Lotus Elise S1? This 1996 lightweight sports car has become a cult favorite among driving enthusiasts. While the Lotus Elise S1 price depends on individual condition, mileage, and market, many potential buyers start with questions like: “What is a 1996 Lotus Elise S1 worth?” or “What does the used Lotus Elise S1 price look like?” Below you’ll find a comprehensive snapshot of the model—including its specs, depreciation patterns, and how it stacks up against similar vehicles—so you can make an informed decision.
- Model: Lotus Elise S1 (1996)
- Engine: 1.6‑liter naturally aspirated four‑stroke, 90 hp / 138 lb‑ft torque
- Transmission: 5‑speed manual (6‑speed optional)
- Drive: Rear‑engine, rear‑wheel drive (RR, RWD)
- Fuel type: Petrol (gasoline)
- Dimensions:
- Wheelbase: 2375 mm
- Length: 3458 mm
- Width: 1889 mm
- Height: 1183 mm
- Weight: 860 kg (approx.)
- Key features:
- Lightweight aluminum chassis
- Quad‑hydraulic disc brakes
- Comfortable, firm suspension setup
- Singular, medal‑led steering wheel
- Optional panoramic sunroof
- Performance:
- 0–60 mph (97 km/h): ~8.5 seconds
- Top speed: ~115 mph (185 km/h)
Depreciation Insights
The Lotus Elise S1 depreciation curve is typical of niche sports cars. In the first year, the vehicle usually loses around 15–20% of its original value due to the entry of newer models and the rapid sports‑car market turnover. As a classic works its way through the second and third years, the depreciation rate slows, with estimates showing a further drop of about 8–12% annually until the vehicle’s age reaches approximately seven years. After that, value decline can be highly variable—sometimes stabilizing, other times dropping more sharply, especially if the car shows signs of heavy use or has any mechanical compromises.
For instance, a 1996 Lotus Elise S1 that started at a retail price of £25,000 (hypothetical) may have fallen to around £17,500 in its first year, and by year five it might sit roughly between £12,000 and £14,000 depending on mileage, condition, and originality. Of course, real prices differ by region and condition, but these numbers illustrate the general trajectory of how a Lotus Elise S1 holds its value over time.
Comparison Context
Compared to similar models, the Lotus Elise S1 often trades ground for pure driving sensation. When you stack it against:
- Mini Cooper S (1996) – a more practical, heavier hatchback; the Elise excels on handling but offers less space.
- 2‑Jetta (1997) – another lightweight German sports coupe; the Elise generally feels more “naked” and offers a sportier ride.
- BMW 1‑Series (E87, 2007) – a near‑future internal‑combustion coupe; the Elise provides a lighter weight and a more visceral feel, but falls behind in power.
These comparisons help buyers see that the Elise is more of driver than a daily commuter. In terms of used Lotus Elise S1 price, it frequently trades heavier, up‑market history for its lightweight DNA and freer cockpit, making it a standout purchase for those who value rally‑ready dynamics.
Market Position Statement
The Lotus Elise S1 is popular in the enthusiast and collectors segment, especially among drivers who appreciate a car that is “fun to drive” over sheer practicality. Its status as a lightweight and nimble sports car resonates strongly with those who own driving schools, rally teams, or performance driving clubs in the UK and Europe.
What Is a 1996 Lotus S1 Worth?
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 4 years ago | used | £27,995.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £11,500.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links | |
| 5 years ago | used | £14,999.00 | Unlock all links |