Skip advert
Advertisement

Lotus Exige S2 buying guide - Lotus Exige S2 buying checkpoints

Everything you need to know when looking at a Lotus Exige for sale

Many owners save their Exige S2 for special occasions, so mileages can be low. According to Lotus specialist Greg Lock of Hangar 111, most owners are near-religious in their car’s care, and even those who use them hard tend to upgrade components long before they get the chance to wear out; cars that have been used on track, therefore, needn’t be too scary a prospect.

Advertisement - Article continues below

Engine

While the Toyota twin-cam is a tough-hearted four-banger, do check for a plausible service history with either main dealers or reputable specialists. Hangar 111 reports that upgrades to 300bhp and beyond can be achieved reliably, but if you’re using your car extensively on track, a baffled sump or Accusump oil accumulator is a worthwhile investment.

Transmission

 Clumsy shifting can cause the failure of third and fourth gear ratios in the Toyota-sourced six-speed ’box. To fix any baulking of the shift from third to second generally entails the fiddly adjustment of the cable: it’s a job worth doing, though.Suspension and brakes

The Exige’s standard suspension is superb, but trawl the forums for a local specialist who can check the geometry is A-OK, as precise set-up is vital. Lotus Motorsport and the various tuning outfits have myriad alternatives to the standard suspension for serious circuit work.

Skip advert
Advertisement
Advertisement - Article continues below

The standard brakes easily endure heavy road use, but regular trackday fans should consider a switch to grooved discs and high-performance pads, such as Pagid.Bodywork and interior

Signs of a respray at the front end or along the flanks usually means someone’s tidied up the stone-chips to which the Exige is prone. If you’re still concerned about crash damage, get the car on a ramp, remove the undertray, and look for signs that the aluminium tub has been repaired.

Advertisement - Article continues below

Air-conditioning may not have much pitlane kudos, but will make it easier to sell your car on. Competition seats and harnesses are popular options and aftermarket add-ons, but be sure you want them, as they can be uncomfortable and restrictive when used on the road.

Specifications

Naturally aspirted Exige S2Engine In-line 4-cyl, 1796ccMax power 189bhp @ 7800rpmMax torque 133lb ft @ 6800rpmTransmission Six-speed manual gearbox, rear-wheel driveTyres 195/50 R16 front, 225/45 R17 rear Weight (kerb) 875kgPower-to-weight 219bhp/ton0-60mph 4.9sec (claimed)Top speed 147mph (claimed)Price when new £29,995 (2004)

Parts pricesSupplied by Hangar 111, Lotus specialist. Tyre prices from www.blackcircles.com. All prices include VAT at 20 per cent.

Tyres £194.97 front, £230.40 rear each (Yokohama A048 LTS, fitted)Brake pads (front set) £45.84Brake discs (front pair) £116.64Clutch kit (uprated) £393.60Oil filter £11.94Air filter £24.88Exhaust system, cat-back £474Catalyst £456

Servicing

9K intermediate service £199Annual service (including brake fluid change) £264Major service (including brake fluid, spark plugs and air filter) £364

Lotus Exige S Prices

With relatively low supply and fairly steep demand, don’t expect to find many bargain Exiges. Or very many at all. Unless they have high mileages, few privately owned naturally aspirated cars dip below £17K – dealers tend to price them closer to £20K – while even oldish supercharged models always seem to have a ‘2’ at the front of the price tag. Low-mileage 2010 examples, such as the Roger Becker special edition, are mid- to high-£30Ks. Cup versions from 2010 with under 15,000 miles are on the forecourts for close to £40K. When comparing prices, remember to thoroughly research specification first.

Useful contacts

www.hangar111.com (Lotus specialist)www.seloc.org (enthusiasts’ group)www.exiges.com (Exige forum)www.eliseparts.com (parts supplier)www.lotusdriversguide.com (invaluable guide to models)www.lotussilverstone.co.uk (specialist)

Skip advert
Advertisement
Skip advert
Advertisement

Most Popular

Rocketeer Mazda MX-5 review - the 340bhp V6 sports car you never knew you needed
Rocketeer Mazda MX-5 corner rear
Reviews

Rocketeer Mazda MX-5 review - the 340bhp V6 sports car you never knew you needed

By putting a 340bhp Jaguar V6 in Mazda's MX-5 specialist Rocketeer has created one of 2026's unexpected driving hits.
22 May 2026
Theon Design Porsche 911 review – twice a GT3 RS's price, but twice the car?
Theon Design Porsche 911
Reviews

Theon Design Porsche 911 review – twice a GT3 RS's price, but twice the car?

Theon Design's latest Porsche 911 restomod calls back classic racers and costs twice as much as the best new 911. We drive it to see if it's worth it
21 May 2026
Volkswagen Golf GTI review – once the definitive hot hatch, is it still one of the best?
Golf GTI
In-depth reviews

Volkswagen Golf GTI review – once the definitive hot hatch, is it still one of the best?

The latest Golf GTI is fast, capable and easy to live with, now with improved if not perfected HMI and driving dynamics
19 May 2026