Lotus Elise Review (2011-2021)

Pros

  • An absolute joy to drive

  • Feels at home on the track as well as the road

  • Cheap fuel bills for a sports car

Cons

  • Expensive to buy

  • Difficult to live with as a daily driver

  • Insurance premiums will be high

4/5Overall score
Practicality
Driving
Tech and equipment
Running costs
Lotus Elise front static

The CarGurus verdict

It is no exaggeration to say that the Lotus Elise is one of the finest handling cars in the world. Even so, it’s tricky not to baulk at the Lotus’s new price when the same money will get you a brand new Porsche Boxster or Alpine A110, instead of a small, noisy, plastic car that’s built in Norfolk and has a tent for a roof.

Ultimately, none of that matters because the Lotus Elise’s 25-year life is nearly done, and what remains of the Elise Final Edition cars are sure to sell to collectors and enthusiasts. It's a model that represents an entire era of automotive history, and is the best of what the British lightweights can offer before ‘cottage industry’ brands like Lotus face up to the transition to electric cars, and whatever that might mean for them.

Yes, the Lotus Elise is pricey and a total faff to live with. You need to be a committed enthusiast to justify one, whether you’re buying new or used. But it's so brilliant to drive that we forgave it any and all of its sins before the first corner. If you love driving enough to be considering a Lotus of any kind, we guarantee that you will, too.

Search for a Lotus Elise on CarGurus

The Lotus Elise is a lightweight, mid-engined, stripped back roadster that has been around since 1996. Over the years it's seen three generations and a variety of engines. Older cars were powered by the venerable Rover ‘K Series’ four-cylinder in the original Series 1 cars, while later models got a Toyota-sourced, four-cylinder engine in either 1.6-litre capacity for the standard Lotus Elise, or a supercharged 1.8-litre in the Lotus Elise S. Those Toyota powerplants powered the Elise for the majority of its later life, including for the whole duration of the Series 3 Lotus Elise that arrived in 2011, and which we’re focussing on here.

  • The Lotus Elise, Lotus Evora and Lotus Exige are all ending production by the end of 2021. The British brand is based in Hethel, Norfolk, but is now owned by Chinese firm, Geely, which is focussing on its new car, the Lotus Emira sports car. It's also preparing for its forthcoming lithium-ion battery electric cars, starting with the Lotus Evija hypercar. It will also be jointly producing electric sports cars with Alpine within the next few years.
  • As a swansong for the Elise, the company is offering the Lotus Elise Sport 240 and Elise Cup 250 up until the end of 2021. These are the only two models on offer at the end of the car’s life, but they’re still compelling options, even considering the competition at what is a rather high price. Digital driver’s dials, bespoke interior styling cues, a flat-bottomed steering wheel, bespoke forged alloy wheels and the option of carbonfibre styling extras help to set them apart. Go for the Elise Cup 250 and you get stiffer suspension with Bilstein dampers, lightweight alloy wheel design, carbonfibre seats and more.
  • The roof on the Elise is a simple, fabric canopy that sits on a number of rods that slot into the car’s body. It is more like camping equipment than a car part, but it’s simple, lightweight and effective. You can remove it and roll it up into quite a small package, so that it fits neatly into the shallow boot compartment. There won’t be much room for your other luggage in there (even if you haven’t got the roof stowed away), but then the Lotus Elise has never been about roominess. You can add a hard top insert for £1,250, or there’s a carbonfibre hard top for £3,000.

  • If you’re on a budget: Buy used. There’s a good array of used Lotus Elise models on the secondhand market, so there’s likely to be one to suit you, whether you’re after something that’s as cheap as possible for regular track day abuse, or one that you can cherish and keep for sunny weekend road trips. There hasn’t ever been a bad Lotus Elise, so – other than avoiding ones that have been used hard and not maintained well – you can’t go wrong on the used market, either. We’d go for a Series 2 to get the best value for a used Lotus Elise, but the standard early Lotus Elise S is a great bet if you want a Series 3.
  • If you want the best option for track use: The Lotus Elise Cup 250 Final Edition is about as good as an Elise has ever been for circuit use, so if money is no issue, this is where to go. Mind you, it’s worth considering the Lotus Exige if you’re that set on track use, as this more powerful, even more focussed Lotus sportscar is specifically designed for proper circuit use, while the Elise is intended to be the friendlier, more road-biased option. Either will be a hilarious amount of fun on road or track.
  • If you want the most stylish: The 250 Cup and 240 Sport Final Edition models are hard to overlook if you want striking looks, given the multi-spoke alloys, the option of various heritage colours, as well as either black or carbonfibre contrasting front panels and hard top. However, there was a limited run of just 100 Lotus Elise Heritage Editions introduced in 2020. These played on historic Lotus colour combinations, including the classic black and gold John Player Special livery. Finding one of these is exceptionally hard, and it will probably cost more than the substantial £46,000 that it cost new (before options), but it does look fantastic.
Vicky Parrott
Published 8 Nov 2021 by Vicky Parrott
Vicky Parrott is a contributing editor at CarGurus. Vicky started her career at Autocar and spent a happy eight years there as a road tester and video presenter, before progressing to be deputy road test editor at What Car? magazine and Associate Editor for DrivingElectric. She's a specialist in EVs but she does also admit to enjoying a V8 and a flyweight.

Main rivals

Body styles

  • Two-door convertible