1962 Lotus Elite

VIN: 1318

$110,000

Sold

1962 Lotus Elite

Seller details

  • Auction

    Gooding & Company

  • Location

    Scottsdale, AZ; US

  • Event date

    Jan 16 - Jan 17, 2015

  • Lot

    15

Vehicle specs

  • Chassis/VIN

    1318

  • Body style

    Coupe

  • Odometer

    22966 M

  • Transmission type

    Standard

  • Engine Type

    I4

  • Horsepower

    83

  • Induction

    1x1 bbl

  • Interior Color

    Tan

  • Exterior Color

    Light Blue

  • Generation

    1957-1963 Lotus Elite

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

Single SU carb, wire wheels, blackwall tires, original tool kit.

Condition

#3 Good

Runs and drives well. Flaws not noticeable to passersby. Most common condition.

About Hagerty’s condition ratingsClose

A 22,966 mile survivor Lotus Elite, a lifetime California car. One of 1,013 built. Generally very sound, though the seats have collapsed and the door trim will tear your pants. Good paint, but the bodywork has the wobbly look common to early fiberglass. Seals have perished, aluminum back bumper is dented. A legitimate survivor.

Market commentary

An intriguing little car that built its own legend for light weight and superior performance. Elites have always been valuable and the price this one brought reflects a meaningful premium for its low miles and originality with at least some hope that the equally legendary Lotus gremlins have been worked out over the past half century.

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