1998 Lotus Elise S1
Sold for
£13,500
Ended 24 Sept 2026
Data from Trade Classics, updated on 24 Oct 2026
- Year
- 1998
- Mileage
- 61,281 miles
- Gearbox
- Manual
- Engine
- 1796
- Colour
- Calypso Red
Specification
- Fuel
- Petrol
- Body
- Convertible
- Interior
- Grey
- Owners
- 6
- Steering
- RHD
Description
A masterclass in minimalist engineering, stripping away modern weight to deliver pure, unadulterated sports car agility.
Paint
Finished in bright 'Calypso Red', the paintwork presents exceptionally well, with a deep, lustrous shine. There are a few minor age-related stone chips, but these are minimal.
The images are taken from a range of angles to show the car as you would see it in person, so please take the time to fully assess the high-resolution photos and videos before forming your own opinion of the paintwork.
Bodywork
The bodywork is in excellent condition, with no damage noted, and the panels align with equal gaps on both sides.
The removable fabric roof is also in excellent condition, with minimal signs of age.
We've highlighted our observations in more detail through our high-resolution images and videos, so please take the time to look through all the media files for a detailed view of what’s on offer and to assess the condition of the car for yourselves.
Dashboard
Clean and simple; the dashboard has no damage to mention.
Fitted with a twin-gauge Stack instrument cluster, this is working correctly, and the odometer shows ~61,281 miles at the time of our visit.
The drive
Driving the Lotus Elise is pretty much as mechanical an experience as you will find, defined by its ultra-light ~725 kg extruded aluminium chassis. No power steering, no ABS and no brake servo; every input from the unassisted steering wheel and pedal box feeds unfiltered feedback directly from the road surface to your hands and feet.
The mid-engined balance makes turn-in lightning fast and body roll nearly non-existent, making its modest ~118 bhp 1.8-litre engine feel very punchy through the close-ratio five-speed manual gearbox.
Glass and trim
The windows are in good condition, with no noticeable scratches; there is, however, a small crack in the lower edge of the windscreen in the middle. A small amount of corrosion under the window scraper trim has made the rubber finish slightly raised.
The front and rear lights are all in good order, with no damage to the lenses.
Please view the photos and video below to review the condition of the glass and trim for yourself.
Wheels and tyres
The original Lotus five-spoke alloy wheels are in excellent condition, with no damage or corrosion noted on the faces. They are wrapped in a pair of Toyo tyres at the front and Vredestein tyres at the rear, all of which have plenty of tread remaining.
Please take the time to review the photos and videos for a detailed view of the exterior, wheels and tyres, so you can make your own assessment of their condition. Tyres are a key safety item, and you should consider replacing any that are cracked, perished, unevenly worn or over 10 years old.
Seats and carpets
The seats are in excellent condition; usually, you see signs of wear on the driver’s side from entering and exiting the low seating position. It appears that each owner has taken great care when getting in and out of the Elise, as wear and tear is minimal.
The embroidered fitted floor mats protect the aluminium floor and have no signs of excessive use.
Engine and gearbox
The 1.8-litre engine fires up without hesitation and sounds fantastic, thanks to the short journey to the twin tailpipes. The car runs with no issues reported and performs very well.
Fitted with a five-speed gearbox, the change is short and precise, with a reassuring feel as you select each gear.
Electrics and other
Switchgear is minimal in the Elise, but the essentials are there and working correctly, with no visible signs of wear to the lettering.
A Sony CD head unit is fitted, with a removable face.
History and paperwork
The Elise comes with a nice history file documenting services, previous MOT certificates and work carried out over the years. The current MOT is valid until 14.05.2027.
Two keys are also included, along with both alarm remote key fobs and the immobiliser fobs.
This Elise is in exceptional condition for its age, as you've probably seen many Elises suffer from worn interiors and heavy stone chips to the front. This one, however, is different; the interior is excellent, and although the front has some very light chips, it appears original, making it an exceptionally nice example to own and cherish for years to come.
We’ve carried out our usual seller checks, including photo ID and V5 verification, as well as a history check on the vehicle. This is a professional HPI check that will highlight if the car has previously been stolen, recorded as being involved in an accident or has any outstanding finance. Please note, this does not include a mileage history check.
We’ve summarised our own view of the car based on information provided by the seller; however, as you can see, we go to great lengths to photograph and video each car in high-resolution detail, so you can make your own assessment from the comfort of your home. So please sit back, have a cuppa and take your time reviewing everything in this listing.
Viewings are also welcomed on all our listings. Please get in touch to arrange a suitable time; we just need to speak to you first and receive valid photo ID before confirming.
If there’s anything you’re unsure about, no matter how small, please ask the owner in the comments section before placing your bids, as bids cannot be retracted and form a binding contract if you win the car, just like at a traditional auction house.
Suspension and brakes
The paperwork suggests the Elise has a Lotus Sport S2 suspension kit fitted in 2009, which would have been around ~11,000 miles ago. Since then, ball joints and anti-roll bar joints have also been replaced. On the road, the car handles very well, with no knocks or bangs from either corner.
The Elise comes to a stop in a straight line, and all four brake discs appear to be in good order, with minimal signs of wear.
Steering wheel gear stick
The original leather Lotus steering wheel has light signs of colour wear to the rim, in keeping with the age and mileage.
It's fitted with the original aluminium ball gear knob and is in good condition.
Please see the interior gallery for more detailed images.
Comparable sales
Sold prices from auctions that ended in the last 24 months. Chart shows the last 12 months. The latest 12 sales carry details. Prices in GBP.
Median sold price
£15,463.50
Sold range
£7,875 – £25,600
Sold lots
28
Price trend
Falling
Sold 13% below the S1 median

1998 Lotus Elise S1
Collecting Cars · 22 Oct 2026
£15,000Sold
1999 Lotus Elise 111S - 13,604 miles
Collecting Cars · 31 Aug 2026
£20,000Sold2000 Lotus Elise S1 Type 49 'Type R'
Iconic Auctioneers · 30 Aug 2026
£20,250Sold
1998 Lotus Elise S1
Collecting Cars · 17 Aug 2026
£19,900Not sold
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