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Lotus

Lotus - Elise S2 (2008)

Lotus Elise S2 – the 2008 lightweight sports coupe that still turns heads today. Whether you’re a brand‑new enthusiast or a seasoned collector, you’ve probably heard people asking: “What is a 2008 Lotus Elise S2 worth?” and “What’s the Lotus Elise S2 price now?” Below is an SEO‑ready guide that breaks down the key specs, depreciation trends, and market positioning, plus a quick glance at how the used Lotus Elise S2 price stacks up against similar models.

Core Specifications – The Lotus Elise S2 in One View

  • Engine: 1.8 L 4‑cyl, 178 hp (125 kW) – naturally aspirated, high‑revs yet lightweight.
  • Transmission: 6‑speed manual or 6‑speed automatic (optional); all‑rear‑wheel drive.
  • Drive: Rear‑wheel drive.
  • Fuel Type: Premium gasoline.
  • Dimensions: Length ≈ 3,979 mm; Width ≈ 1,710 mm; Height ≈ 1,114 mm; Wheelbase ≈ 2,421 mm.
  • Weight: 810–860 kg (depending on trim).
  • Power‑to‑Weight: ~0.21 kW/kg – delivers nimble handling.
  • Handling: Front‑engine,wheel-drive layout and dry‑foam carbon‑fiber body reduce inertia.
  • Brakes: Brembo radial ventilated discs 320 mm front / 280 mm rear.
  • Suspension: Macpherson strut front; live‑axis rear with adjustable anti‑roll bars.
  • Electric and Comfort: Basic amenities – heater, power steering, and dual‑zone climate control.
  • Safety: 2‑point seat belts; optional optional airbags depending on variant.

Depreciation Insight – How the Lotus Elise S2 depreciation Plays Out

Owners often wonder how quickly their investment diminishes. In general, sports cars like the S2 follow a fairly predictable pattern:

  • First year: “Typically loses 15‑20% of its value in the first year” due to entry‑level depreciation.
  • Second year: Another 10‑12% drop as new models enter the market.
  • Years 3–5: Depreciation slows to 5‑8% per year, stabilizing around 40‑45% of the original price.
  • After five years: Resale values plateau; you can often find the car retaining 35‑38% of its original cost if maintained.

Because the Lotus Elise S2 depreciation curve flattens after year five, a well‑maintained, low‑mileage example can be a solid long‑term owner’s investment, especially in regions where Lotus retains a cult following.

Comparable Models – Why the Lotus Elise S2 price Matters

When you’re deciding whether to buy a 2008 Lotus Elise, you’ll want to see how it stacks up against rivals. Below are quick comparisons that help contextualize the used Lotus Elise S2 price:

  • Mini John Cooper Works S – similar price range but heavier (~950 kg) and more street‑ready features.
  • BMW Z4 (E89) – similar engine displacement but comes with a more powerful 2.0 L turbo. Usually priced higher on the used market.
  • Porsche Cayman (987) – outright higher costs and performance; however, the Cayman’s advanced aerodynamics make initial depreciation steeper.
  • Nissan 350Z – a V6 alternative, more potent but priced comparably on the used market.

Because of its lightweight design and classic Lotus chassis, the 2008 Elise typically sells at a lower price bracket, making it attractive to buyers who value pure driving dynamics over luxury amenities.

Popular in a Niche Market – The Lotus Elise S2’s Position

The Lotus Elise S2 remains a staple in the “tuned grand‑tourer” and “drifting enthusiast” segments. Its appeal is built on:

  • Exceptional chassis refinement.
  • High rev‑range, responsive 1.8 L 4‑cyl.
  • Rock‑steady handling with minimal body roll.
  • Low maintenance costs compared to larger GT cars.

These strengths keep it popular among hobbyists in the United States, the United Kingdom, and Japan – markets where the brand is strongly identified with light, agile sports cars rather than mainstream performance vehicles.

Finding Your Lotus Elise S2 price – Why Market Conditions Matter