Skip advert
Advertisement

Lotus Elise S2 specification and costs

How much to pay for a Lotus Elise S2 and how much it'll cost to run

What to pay

The cheapest S2s are around £12-13k, where they’ve been for some time. For that sort of money you’ll find a reasonable choice of ’01/’02 cars, usually with the basic 120bhp K-series, though we also spotted a high-mileage 111 at £13.5k. Low-mileage 111s start at around £15k, while £17k gives you choice of early 111s up to ’06/’07 S models. If you can stretch to £20k, a one- or two-owner, low-mileageR or a 2010 S could be yours.

Specification (S2 K-series, 111R in brackets)

EngineIn-line 4-cyl, 1796cc 
Power120bhp @ 5500rpm (189 @ 7800)
Torque124lb ft @ 3500-4500rpm (133 @ 6800)
TransmissionFive-speed manual(six-speed), rear-wheel drive
Tyres175/55 R16 (front), 225/45 R17 (rear)
Weight (kerb)726kg (860 without options)
Power-to-weight168bhp/ton (223)
0-60mph5.6sec (4.9)
Top speed125mph (151)
Price when new£22,995 (£27,995)

 

Lotus Elise S2

Parts prices

(Toyota-engined cars in brackets. Prices from bellandcolvill.co.uk. Tyres from blackcircles.com. Prices with VAT but without fitting charges)

Advertisement - Article continues below

Tyres (each) £129.59 front, £89.59 rear (Bridgestone Potenza)Front pads (set)  £152.86Front discs (pair) £343.22Damper £155.50 (£170.64)Clutch kit £339.70 (£641.96)Front downpipe/cat (VVC) £1381.16 (£1037.26)Rear silencer £524.36 (£694.94)

Lotus Elise S2

Servicing

(Based on K-series. Prices from bellandcolvill.co.uk, including VAT)

‘A’ service £371.17‘B’ service (inc plugs) £450.88‘C’ service (inc cambelt & plugs, non-VVC) £877.96

Service annually or 9000 miles, whichever sooner. ‘C’ service at four years/36k miles. Toyota engines: annual service £377.44, plus extras (air filter at three years £89.81, spark plugs at six years £139.54, etc

>Find Lotus Elises for sale on Classic and Performance Car

Skip advert
Advertisement
Skip advert
Advertisement

Most Popular

Ferrari F355 by Evoluto review – can you improve on sports car perfection?
Ferrari 355 by Evoluto front
Reviews

Ferrari F355 by Evoluto review – can you improve on sports car perfection?

The Ferrari F355 is beloved by almost all even after three decades. A brave choice for a restomod then... We drive it
11 Jun 2026
Genesis is making Bentley nervous with this unexpected convertible GT
Genesis G90 Convertible
News

Genesis is making Bentley nervous with this unexpected convertible GT

As part of its Le Mans debut, Genesis has given its convertible GT concept a significant update, adding an engine in the process… 
13 Jun 2026
Why the ‘experts’ are completely wrong about buying a second-hand car
Used Bentley
Opinion

Why the ‘experts’ are completely wrong about buying a second-hand car

Navigating the absurd world of used car ads makes buying new seem sane, reckons Porter
12 Jun 2026