1998 Lotus Elise 1.8

Price: £38,995. Fair price: £2,825 (7%) over the AskCar estimate of £36,170, our expected asking price for this car from its model, age, mileage and specification, drawing on 42 priced Lotus Elise adverts on AskCar as of 5 November 2026.

AskCar lists 51 used Lotus Elise from 39 UK dealerships, as of 5 November 2026.

Overview

  • Make: Lotus
  • Model: Elise
  • Version: 1.8 Manual RWD Euro 2 2dr (118 bhp)
  • Year: 1998
  • Mileage: 5,500 miles
  • Fuel: Petrol
  • Body: Convertible, 2 doors, 2 seats
  • Engine: 1.8 litres, 118 bhp
  • Gearbox: Manual
  • Drive: Rear-wheel drive
  • Colour: Blue
  • CO2: 168 g/km
  • Emissions standard: Euro 2

About this car

This 1998 Lotus Elise has covered 5,500 miles. Its asking price of £38,995 is £2,825 above the AskCar estimate of £36,170. The AskCar estimate draws on 42 Lotus Elise adverts across the UK, adjusting for age, mileage, trim, engine and other specifications. This car was first seen in our listings data 41 days ago. The advertised mileage is lower than the latest MOT reading of 6,533 miles. Ask the dealer to explain. The latest recorded MOT expiry date is 2 April 2025, which has passed. Confirm its status with the dealer. It is for sale at CC Drivers Lounge in Newark-on-Trent. How to contact the dealer and its opening hours are on this AskCar page.

Stock data as of 5 November 2026.

How we estimate prices and check cars

Price

Fair price: £2,825 (7%) over the AskCar estimate of £36,170.

The AskCar estimate is our expected asking price for this car. It uses UK dealer asking prices, accounting for make, model, trim, version, age, mileage, fuel, gearbox, body type, driven wheels, engine size and power. It is an advertised price, not a confirmed sale price.

It draws on 42 priced Lotus Elise adverts across different ages and specifications, as of 5 November 2026.

Time on sale

This 1998 Lotus Elise has been on sale for at least 41 days.

Price history

AskCar first saw this advert on 25 September 2026 at £38,995. Its asking price has not changed.

Mileage and MOT

MOT, from the government's MOT records (DVSA, the Driver and Vehicle Standards Agency), as of 5 November 2026: the latest record we hold ran out on 2 April 2025; ask the dealer for the current MOT.

It has had 7 MOTs. The latest, on 3 April 2024, passed.

There were no advisories at the latest test.

Mileage at that test: 6,533 miles. The advert says 5,500 miles, fewer than the MOT record, so ask the dealer which is right.

Browse all Lotus Elise cars for sale · 1998 Lotus Elise price guide

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Photos

43 photos of this car are on its AskCar page.

As of 5 November 2026, AskCar lists 595,776 cars and vans from 12,945 UK dealerships, read daily from dealer websites: over 99% of UK dealer used car adverts. No dealer pays to be listed.