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Type 72


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Please help I need some advice.I am taking ownership of a lotus Elise type 72 very low miles under 11000 I believe.It has been stored for 12 years so although cosmetics are perfect will need some mechanical work no doubt.I won’t be driving it so I am wanting to either sell as is or repair and sell.Any idea of value anybody out there please.

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I’m assuming it’s an early one, 2002? Lotus made loads of special edition Elise’s over the years, but they do seem to attract a premium over the regular cars and the Type 72 was a particularly nice one.

Value will very much depend on condition, but if it is cosmetically perfect and with just 11k miles it will be a rare find. As it’s been stored for 12 years I assume it will lack a service history which will count against it and will need money spending to bring it mechanically back to spec, possibly quite a lot depending on what’s corroded or perished. There’s also the risk that the alcantara interior will have gone mouldy - again, fixable, at a cost.

If the money is spent recommissioning it and it’s in really nice condition, I reckon as a private sale it would be worth high teens, maybe even low £20’s.

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