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

Porsche Panamera review – sports car qualities in a luxury super saloon
Porsche Panamera
In-depth reviews

Porsche Panamera review – sports car qualities in a luxury super saloon

The Porsche Panamera has adapted to a new era, with variants offering alternatives to everything from BMW’s M5 to the Mercedes S-class
2 Apr 2026
Range Rover Sport SV review – A Defender OCTA in a suit
Range Rover Sport SV review
Reviews

Range Rover Sport SV review – A Defender OCTA in a suit

Range Rover’s Sport SV blends ultimate SUV performance with a sense of luxury previously reserved for Range Rovers and it’s all the better for it.
2 Apr 2026
Porsche 911 GT3 RS (997.2) review – the best car we’ve ever driven? Possibly
Porsche 911 GT3 RS (997)
Reviews

Porsche 911 GT3 RS (997.2) review – the best car we’ve ever driven? Possibly

In 2014 we set out to find the best car we had driven during the first 200 issues of the magazine, and Porsche’s 911 GT3 RS was it.
31 Mar 2026