2004 Lotus Exige S2
Sold for
£24,924
Ended 5 May 2026
Data from PistonHeads, updated on 10 Oct 2026
- Year
- 2004
- Mileage
- 51,000 miles
- Gearbox
- Manual
- Engine
- 1800
- Colour
- Red
Specification
- Fuel
- Petrol
- Body
- Coupe
- Owners
- 4
Description
Highlights
Wonderful, low mileage example of one of Lotus' finest
Strong history file
In superb overall condition
Some tasteful performance upgrade including uprated aluminium radiator
Professionally re-trimmed seats with ProBax inserts
Reportedly driving perfectly
- Will come with fresh MOT
Overview
It's all too easy nowadays to become complacent with modern cars. To let ourselves be mollycoddled. To allow the car to tell us what it thinks is best. Well not so with the Lotus Exige. There are no driver aids here. No lane assist or adaptive suspension. Just four wheels and an engine powering a beautifully balanced, lightweight chassis and you, the driver, have to put in the work. But when you do and you get it right it's perfection.
The Exige S2, introduced in 2004, used the same winning formula as its predecessor – that was itself based on the excellent Elise – but this time around was a more track-focused incarnation. And it was affordable, too. Sporting a Toyota 2ZZ-GE 1.8-litre engine in place of the previous Rover K-Series it was the perfect powerplant for the Lotus, developing 190bhp for a 0-60mph time of under five seconds before hitting its top speed of 140mph. Wider, sportier and with more downforce lap times were slashed and hitting the track is exactly what the Exige S2 was designed to do.
This particular low mileage 2004 Lotus Exige S2 looks every bit the quintessential sports car thanks to its striking red paintwork and it comes to market in wonderful condition both inside and out with an impending wedding listed as the reason for sale. Cared for by specialists the car has clearly been well-maintained and is furnished with a well-documented service history. Featuring some welcome upgrades such as a Lotus stage 2 exhaust and a TRD intake airbox alongside the mod that can accommodate the soft top roof as well as recently re-trimmed seats with ProBax cushioning which make the car a more comfortable proposition for touring it's a fine example that's ready to be enjoyed.
History and documentation
2004 model year
V5C present and correct in the vendor's name
In current ownership since 13 Nov 2023
First registered 02 Sep 2004
Four registered former keepers
Two keys
Serviced in current ownership by Purbeck Sports Cars Ltd in Holton Heath and in the previous owner's time by Qmech - South Wales Lotus and Caterham specialists
Excellent service history with numerous specialist invoices for parts, servicing and maintenance
Vendor reports a fully stamped service book
HPI clear
Advisory-free MOT until 1 May 2026, which will be renewed prior to the completion of the auction
London ULEZ compliant
48,295 MOT verified miles
Interior
In very good condition throughout
Seats have been re-trimmed with ProBax inserts by Allon White Sports Cars (Apr 2025) and as such present impeccably
Limited wear and tear
The steering wheel leather is showing a few light marks
No signs of any damage
Door cards and carpets/mats present well
Gear and handbrake gaiters are in great shape
No reports of any electrical problems
Door jambs are clean
Dashboard remains intact
Blaupunkt stereo head unit
Luggage compartment looks tidy
Engine bay is clean
Exterior
Bodywork is in excellent shape with uniform panel gaps
Paintwork presents well
No signs of any damage or corrosion
There are two sections of PPF by the rear arches and some on the front but it's not in great condition, as reported by the vendor
No major marks or blemishes aside from one large mark on the front near the badge but it is to the PPF only, not the paint
Some usual, very light stone chips to the front end
Windows and light lenses are in good shape
All black trim pieces present well
The contrasting black staggered alloy wheels look to be in fine fettle but there is evidence of light kerb damage to both nearside rims
Yokohama Advan Sport tyres all round which the vendor describes as old but in great condition and with plenty of tread
The vendor informs us that the car is good underneath and there is no evidence of any fluid leaks
Mechanical
190bhp, 1.8-litre inline four-cylinder engine
Six-speed manual gearbox
Rear-wheel drive
0-60mph in 4.7seconds
147mph top speed
Lotus stage 2 sports exhaust
TRD intake airbox
Upgraded fan/blower resistor pack
High Pressure Aluminium radiator
Replacement radiator fan, towing strut, driving lights and covers, stainless steel bolt kit, new bulbs fitted all round (Nov 2018)
No known mechanical issues
The vendor informs us that the car starts and stops with no issues and sounds amazing
Summary
The Lotus Exige S2 could very well be the ultimate lightweight sports car. It's certainly up there with the best of the best at the very least and can courageously hold its own alongside far more expensive metal. This cherished example, with its tasteful upgrades and strong service history, is a fine representation of the marque that no doubt drives as good as it looks.
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 Bath, Somerset.
Comparable sales
Sold prices from auctions that ended in the last 24 months. Chart shows the last 12 months. The latest 3 sales carry details. Prices in GBP.
Median sold price
£25,964
Sold range
£18,760 – £28,944
Sold lots
10
Price trend
Rising
Sold 4% below the S2 median

2010 Lotus Exige S 240
Collecting Cars · 1 Sept 2026
£22,750Sold
2005 Lotus Exige S2
Collecting Cars · 10 Aug 2026
£27,750Sold
2005 Lotus Exige S2
Collecting Cars · 30 Jul 2026
£26,100Not sold
2005 Lotus Exige S2
PistonHeads · 10 Jun 2026
£23,316Sold
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