1991 Lotus Elan SE
1991 Lotus Elan SE

1991 Lotus Elan SE

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Hi, I am interested in your 1991 Lotus Elan SE listed on Autotrader for $15,999.

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Classic Car Overview

Super RARE 1991 Lotus Elan SE M100. (Only 559 made for USA, thought to be less than 300 left ). Only 54k orig miles.

CLEAN CARFAX (see photos). Major services completed (See desc and photos). NO rust composite body.

Please do not waste my time with scammer emails.
I will only accept cash or bank wire at or prior to pick up. (bank wire transfer will need to fully clear prior to shipping or pickup by you or a transporter. No overpayments for shipping etc.)
Will also accept certified funds from WELLS FARGO BANK ONLY.
Will accept or provide and will require a returned notarized bill of sale.
No overpayments or payments made on your behalf to 3rd party shippers, etc. Thank you.

The car is located in NC, 28723, however photos were taken in late February in FL over the winter where I picked up the car from servicing/paintwork, and we were staying there for the winter in our RV.
Was a big conversation piece as only Lotus (and also wife's Miami blue Porsche in photos), in the campground, lol.

The car is for the most part original. The VIN stickers in all areas match. The car has aftermarket seats, steering wheel, radio, and gas tank.

Overall a good looking daily driver exotic with a reliable Isuzu powertrain to enjoy, or ready for additional restoration/cosmetic work.

Major servicing 7-28-23. This included but was not limited to:
Timing/cam belt, water pump, alternator, alternator belt, serpentine belt, brand new NOT refurbished turbocharger, replace some wiring and fuses, speedometer cluster rebuild with new factory flexible circuit and voltage regulator components, standard AC service, new AGM battery, various new rubber hoses in engine bay, K&N air filter kit. FTM boost valve. Work was discounted and certain items were not charged like the turbocharger labor. The retail price of this service would be well over $5000.

A real looker and super rare with under 559 examples ever imported to the US only for the 1991 model year. (rumored to be less than 300 still existing) Great opportunity to acquire a clean title car that has just had extensive repairs and servicing work valued at over $5000. Current just completed paint and detail work equates to almost $2000. Paint is overall decent and looks really good at a glance, much better than a lot of Elans I have seen sell over the last couple years. A full respray or a vinyl wrap would make the car look amazing but honestly looks good as is. Any remaining issues that I have not had time to take care of just receiving the car back, appear fairly minor and should be very simple for most owners or a good shop. (Notable concerns are the rear tail lights and a few minor component items, however I will provide fully detailed information on this to all inquiries by email upon request and happy to discuss on the phone or in person). I purchased the car knowing I would need to service it and do some cosmetic restoration, and being a perfectionist personally, a good bit of work has already been done. done. I am only selling it to make room for a Lotus Evora I purchased and I have limited time and limited garage space. (The car was not purchased as a flip or to make a profit on). Basically selling for cost or a small loss.

These cars look really exotic with the sweeping slanted front end and appear much newer than they are as they were way ahead of their time.
The collector car market is hot and these are definitely undervalued presently as a general consensus. Values should rise significantly with increased worldwide brand recognition as Lotus has released the new 2024 Emira with over 10,000 presold and they are releasing 3 new high tech electric vehicles starting next year with over 17,000 presold in 2023.
Lotus plans on producing as many as 100k cars worldwide annually by 2028. The brand was in it's heyday recognizable by almost everyone in the 80's and 90's and competed directly with Ferrari, and Porsche. These Elans are amongst the rarest lowest production Lotuses and the least seen and really draw attention on the road and at car shows, usually surpassing even high end collectible cars.

While the paint looks pretty good overall, common issues with this particular vehicle were clear coat and paint fading and peeling. This car sas had re-sprays and touch ups over the last 30+ years plus some minor chips or surface imperfections. Paint is hard to match on older faded finishes and it is reflected in several areas.

Surface rust/corrosion to certain engine components normal with age.
Most Elans are far more corroded, especially ones from the UK.
Surface rust on interior convertible top frame. Surface/minor rust/corrosion to underside and underside components but good overall and normal with age. Very nice condition underneath. Body is composite so no rust, and no cracking or scrapes as commonly seen.

Car was stored for many years prior to my acquisition mid March 2023. Carfax is clean. Since my acquisition, As a major plus and value, extensive mechanical/servicing has been completed.

Only a few of these at most go up for sale each year. Really low mi ones and fully restored or highly original ones have sold at auction for around $17k-$35k+. Beaters can be found occasionally for $11-15k, but are normally off colors like white or dark green, and most will then immediately need belts, water pump, and service totalling thousands of dollars or risk the belt breaking and really messing things up. Paint jobs on ones that look like peeling sunburn can cost minimum $4-6k for a good strip and full re-spray, so any like this car that look presentable are worth considering for only a little bit more money. Especially with the servicing done recently on this one valued at $5k+ and paint work totalling $2k to make it look as good as it can without a respray.

Sorry for the long description, but I like details and happy to chat about it as well.

Thanks for looking:)

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Vehicle History Report

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Vehicle Specifications

  • VIN
  • Classic Car ID
  • Stock Number
  • Category
  • Body Style
  • New/Used
  • Mileage
    54,106 miles
  • Engine
    4 Cylinder Turbo
  • Condition
  • Doors
  • Drivetrain
    2 wheel drive - front
  • Transmission
    5 Speed Manual
  • Exterior Color
  • Custom Color
    Calypso Red factory color
  • Interior Color
  • Seat Color

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Contact Seller
Hi, I am interested in your 1991 Lotus Elan SE listed on Autotrader for $15,999.

By using this service you accept the terms of Autotrader Specialty's Visitor Agreement.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.