Is the Lotus Elise a good investment?

The thesis

The 111R with Toyota's bulletproof 2ZZ engine (192bhp) represents the sweet spot of Series 2 ownership—light, pure, and Rover K-series hassle-free. With Lotus now pivoting to EVs and SUVs, the analogue Elise is attracting fresh attention. Current UK values sit £20-30k for good examples, with enthusiasts on forums noting 'rock solid residuals' and recent upward pressure. As one of the last sub-900kg production sports cars, the 111R offers a driving purity unavailable new, positioning it early in its appreciation arc.