2001 Lotus Elise S2
Sold for
£14,204
Ended 7 May 2026
Data from PistonHeads, updated on 10 Oct 2026
- Year
- 2001
- Mileage
- 74,191 miles
- Gearbox
- Manual
- Engine
- 1800
- Colour
- Grey
Specification
- Fuel
- Petrol
- Body
- Convertible
- Owners
- 3
Description
Highlights
Incredibly engaging and usable two-seater sports car
- Recent specialist full service and clean bill of health
In good condition throughout
Advisory-free MOT
- ITG induction kit fitted
Overview
We've all heard the “Elise is go-kart” analogy before. The comparison has been made a thousand times but then if the shoe fits... The fact of the matter is the similarities are undeniable. Engine, chassis, wheels, adrenaline. It's a simple concept that has kept the Lotus Elise at the top of driver's cars lists and in paddocks at tracks around the word for decades and it's a setup that continues to excite, especially in today's dumbed down automotive landscape where excitement and passion no longer seem to be part of the design language of most modern cars.
Building upon the original Elise, the S2 looked a bit more purposeful and featured a better, more refined interior as well as new Bilstein suspension. The K-Series lump was still providing the forward motion but it was now controlled by Lotus' own electrical wizardry, bestowing the S2 with a 0-60mph time of just five-and-a-half seconds, despite its relatively meagre 120bhp. But the go-kart correlation rears its head again because the S2 weighs in at just 860kg, ensuring the handling is absolutely on point.
There were multiple subsequent versions but there's something so pure about the original S2 and this particular early production 2001 car looks to be a great, usable example. Sidestepping the habitual garishly bright colours of a lot of other examples it presents incredibly well in a much more subdued shade of dark grey, a colour that's perfectly complimented by a similarly tasteful black and grey interior. Complete with good history and an advisory-free MOT, this Lotus Elise S2 has clearly been well-maintained with its most recent major service having been completed just over 1,000 miles ago by marque specialists.
History and documentation
2001 model year
V5C present and correct in the vendor's name
Three registered former keepers
First registered 01 Sep 2001
In current ownership since 08 Feb 2025
Original book pack and wallet
Two keys
Extensive service history with original service book showing mostly main dealer inspections at the following intervals: 2001 @ 1,174 miles (after sales service, main dealer), 2002 @ 8,497 miles (A service, main dealer), 2003 @ 15,365 miles (A service, main dealer), 2004 @ 21,473 miles (B service, main dealer), 2005 @ 29,462 miles (A service, belts, main dealer), 2006 @ 38,245 miles (A service, main dealer), 2006 @ 45,962 miles (C service, main dealer), 2008 @ 47,974 miles (A service, specialist), 2024 @ 72,395 miles, 2025 @ 73,029 miles (C service, specialist)
Multiple invoices for parts, servicing and maintenance
Advisory-free MOT until 12 Aug 2026
HPI clear
74,191 indicated miles
Interior
In good order throughout
Clean, with everything working as it should as reported by the vendor
Some signs of wear commensurate with age and mileage, mainly to the entry points and centre console
No damage to report
Door cards are in great condition
Seats remain in good shape
Gauges are clear
Dashboard is intact
Recent Kenwood stereo head unit upgrade
Luggage compartment is tidy
The engine bay presents very well
Exterior
Bodywork presents well for its age with straight panel gaps
Grey paintwork retains a good shine
No obvious signs of any major damage
Some signs of use and minor marks consistent with age and mileage
No obvious evidence of corrosion
Black fabric hood looks to be in good shape and fits well
No apparent damage to any of the glasswork
Lower front splitter looks to be in good order
Factory staggered five-spoke alloy wheels are in great condition with only a small mark to the nearside rear to note
Yokohama Advan Sport tyres all round fitted in 2025
Underneath looks to be in great shape with only some light surface rust to some of the lower suspension components to mention
Mechanical
120bhp, 1.8-litre four-cylinder engine
Five-speed manual gearbox
Rear-wheel drive
0-60mph in 5.6s
125mph top speed
ITG Maxogen induction kit
New brake pads in 2026
Stainless radiator and replacement hoses with override fan fitted as a precaution
No mechanical issues to report
The vendor informs us that the car has never failed to start on the button, pulls well in all gears and corners like it's on rails
Summary
The Lotus Elise is a bona fide classic now and the unfiltered driving experience remains as exciting today as it did all those years ago. Whether hurtling along your favourite B-road or clipping apexes on a track day, there's little that can come close to the pure pleasure of piloting an Elise at full chat and we have no reason to think that this particular mechanically sound and recently fully serviced S2 would be any different.
To arrange a viewing, click the 'Book Viewing' button located under the 'Place Bid' button. Viewings can be booked up until the day before the auction ends, after which the option will change to 'Contact Seller' for further enquiries. This seller is located in Warrington, Cheshire.
Comparable sales
Sold prices from auctions that ended in the last 24 months. Chart shows the last 12 months. The latest 5 sales carry details. Prices in GBP.
Median sold price
£16,884
Sold range
£12,000 – £24,120
Sold lots
17
Price trend
Falling
Sold 16% below the S2 median

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