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Lotus

Lotus - Elise S2 (2006)

Discover the Lotus Elise S2, the lightweight, track‑focussed sports car that first rolled off the production line in 2004. For owners and buyers alike, knowing the Lotus Elise S2 price can be as exciting as a lap around a circuit. The 2006 model, in particular, has become a favorite for enthusiasts seeking a pure, untuned driving experience. 


Below you’ll find a quick snapshot of each Lotus Elise S2 2006 price scenario, broken down by condition, mileage, and market. While we don’t provide fixed figures—those vary depending on location and vehicle history—we outline the factors that shape the overall cost and give you a solid road map to find the right car for your budget.

Key Specifications of the Lotus Elise S2
  • Engine: 1.8‑L naturally aspirated 4‑cyl, 2‑turbo (S2 only) producing 200‑220 hp
  • Transmission: 6‑speed manual (optionally an IW46 six‑speed sequential)
  • Fuel Type: Petrol (regular unleaded)
  • Weight: 780 kg (1,720 lb) dry weight
  • 0‑60 mph: 4.0–4.5 seconds (varies by model year & gear ratio)
  • Top Speed: 174 mph (280 km/h)
  • Wheelbase: 2,280 mm (89.4 in)
  • Length: 3,772 mm (148.4 in)
  • Width: 1,649 mm (64.9 in)
  • Height: 935 mm (36.8 in)
  • Doors: 2‑door coupe
  • Drive: Rear‑wheel drive with a well‑balanced chassis
  • Suspension: Fully independent MacPherson strut front, double‑suspension rear
  • Brakes: 9‑inch ventilated front discs, 8‑inch rear discs, electronic ABS

Lotus Elise S2 Depreciation

Like most sports cars, the Lotus Elise S2 experiences a notable drop in value after purchase, but its low maintenance cost and lightweight construction keep it attractive in the used market.

  • First year: 15–20 % depreciation on the purchase price is typical.
  • Year 2–3: 8–10 % per year as the vehicle continues to mature.
  • Year 4–5: Average yearly depreciation slows to 5–7 %.
  • Beyond 5 years: Depreciation usually levels off, and the car may become a “classic” if well‑maintained.

These estimates assume average mileage (around 25,000–35,000 km per year) and a vehicle that’s been cared for with round‑trip servicing. A well‑logged Elise S2 with fewer miles can sometimes hold its value slightly longer, especially if it has undergone a factory archive audit.

Because the Lotus Elise S2 2006 price can vary widely, many buyers will use the used market as a gauge. For example, a 2006 Elise S2 in very good condition and low mileage might command a premium relative to newer models in the same series, whereas a heavily used example will fall outside the typical price range.

What Is a 2006 Lotus Elise S2 Worth?

The honest answer to “what is a 2006 Lotus Elise S2 worth” requires looking at a handful of delimiters:

  1. Condition: A pristine, factory‑cleaned vehicle with a certified service history will fetch a higher price than one with cosmetic wear.
  2. Mileage: Lower mileage often translates to greater desirability and, consequently, a higher price tag.
  3. Location: European markets typically see higher values due to proximity to the brand’s production centre.
  4. Supply/ demand: S2’s limited production volume makes it relatively scarce, boosting its perceived exclusivity.

Using these criteria, the used Lotus Elise S2 price can range from a few thousand dollars for a high‑mileage example to upwards of 20 k€ for a near‑new S2, depending largely on the local market and the vehicle’s service record. For the most accurate estimate, you’ll want to browse a dedicated lot database that aggregates recent sales, provides filter options for mileage, condition, and Gram‑seal ratings, and updates its figures weekly.

Comparison Context

When setting an used Lotus Elise S2 price benchmark, it’s helpful to consider similar models that deliver comparable lightweight performance:

  • Mazda MX‑5 Miata – A popular budget sports car with a 1.5‑L or 2.0‑L engine, known for its accuracy and easier maintenance. Prices for a 2008 Miata typically sit 10–15 % lower than the Elise but ultimately compete on the lower end of the market.
  • Porsche Cayman (987) – A more premium option with a 2.5‑L or 3.4‑L flat‑6. The Cayman’s performance numbers hover around 185‑290 hp and a 0‑60 mph in the 3.5–4.2 second range. In the used market, Caymans tend to command 2‑3 times the price of the Elise’s comparable year.
  • BMW Z3 Roadster – A lightweight ex‑coupé with a 3.0‑L inline‑6. While offering a luxurious feel, the Z3 underperforms on the track compared to the Lotus due to fewer low‑end’s in its powerband.

From the perspective of a serious track day participant or a purist enthusiast, the Lotus Elise S2 price is justified by its


Last 20 car trackeds

Last tracked date Status Price Price rank Link
2 years ago used £24,250.00 Unlock all links
4 years ago used £24,995.00 Unlock all links
4 years ago used £22,750.00 Unlock all links
4 years ago used £22,750.00 Unlock all links
4 years ago used £22,750.00 Unlock all links
4 years ago used £21,900.00 Unlock all links
5 years ago used £22,750.00 Unlock all links
5 years ago used £21,900.00 Unlock all links
5 years ago used £21,900.00 Unlock all links
5 years ago used £23,378.00 Unlock all links
5 years ago used £22,750.00 Unlock all links
5 years ago used £22,750.00 Unlock all links
5 years ago used £23,378.00 Unlock all links
5 years ago used £21,900.00 Unlock all links
5 years ago used £22,750.00 Unlock all links
5 years ago used £23,378.00 Unlock all links
5 years ago used £21,900.00 Unlock all links
5 years ago used £20,999.00 Unlock all links
5 years ago used £21,999.00 Unlock all links
5 years ago used £24,000.00 Unlock all links
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