The library / Lotus
Is the Lotus Elise a good investment?
S2 111R (2004–2011)
The thesis
The 111R is the sweet-spot S2 Elise: Toyota 2ZZ reliability, 189bhp, six-speed manual, and under 900kg. Median price £33,696 for average condition; clean sub-40k-mile examples trade £24-30k. With Elise production ended in 2021, values are 'sure to rise' as cherished, garaged examples become scarce. The 111R offers pure, lightweight driving in an era moving to electrification—early in its collector arc and directly in budget.
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