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LotusElise
1996-2021
240 bhp
Power
4.1s 0-60mph
Acceleration
147 mph
Top Speed
From
£30,000
Up to £70,000 for high-spec models
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Lotus Elise Specifications
The Lotus Elise is the car that defined the modern Lotus and it is now a used and modern-classic proposition, production having ended in 2021. The closing Elise Sport 240 Final Edition produced 240 bhp at around 922 kg. We arrange finance on used Elise examples from £25,000 upwards, so the proposition is a strong documented car rather than the cheapest available.
Power
240 bhp
Torque
244 Nm
0-62 mph
4.1s 0-60mph
Top Speed
147 mph
Engine
1.8L Supercharged Four-Cylinder
Transmission
6-speed manual
Key Features
Extruded and bonded aluminium chassis
Around 922 kg in Final Edition form
Unassisted steering
Three series across 25 years
Out of production since 2021
Heritage
"Introduced in 1996 and named after Elisa Artioli, the Elise pioneered the extruded and bonded aluminium chassis in volume production and ran across three series before finishing in 2021."
Calculate Your Lotus Elise Finance
Get an instant quote for your Lotus Elise. Choose from PCP, Hire Purchase, or Lease Purchase options.
Vehicle Config
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£
Lease Purchase
£
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Indicative Lease Purchase payment for this vehicle, based on a 25% deposit over 48 months:
From
£288 / month
Click Get Quote for a personalised breakdown including AI market analysis.
Finance the Lotus Elise
Finance for the Lotus Elise is unregulated commercial vehicle finance, arranged from £25,000 upwards through a panel of specialist commercial lenders. Hypercar Finance is the independent credit broker that structures agreements on Lotus Cars cars produced at Hethel, the ACBC roundel marque. The four products below are the structures we most commonly arrange for the Elise: Hire Purchase, Lease Purchase, Personal Contract Purchase, and Equity Release.
Hire Purchase on the Lotus Elise
Hire Purchase is a credit agreement under which the commercial lender retains legal title to the vehicle until the final payment is made, at which point ownership of the Lotus Elisepasses outright to you. For the Elise, our Hire Purchase agreements are arranged from £25,000 upwards as unregulated commercial finance, structured for company directors capitalising the car through a limited company, self-employed buyers, and high-net-worth individuals. As a specialist credit broker we structure the deal across a panel of commercial lenders rather than a single funder, which lets us match the agreement to the vehicle and your circumstances.
Hire Purchase on the Lotus Elise typically requires a deposit of 10 to 20 percent (from £3,000) with terms of 24 to 60 months and no balloon payment at the end. There are no mileage restrictions, and you can service, modify, and use the Elise as you wish for the duration of the agreement. The exit is simple: pay the final instalment and the Lotus Cars Elise is yours outright, with the lender releasing legal title on settlement.
Lease Purchase on the Lotus Elise
Lease Purchase is a credit agreement structured around a final balloon payment, calculated against the vehicle's projected residual value at the end of the term. The Lease Purchase structure keeps the monthly outlay on a Lotus Elise lower than Hire Purchase because part of the principal is deferred to the balloon. You take legal ownership from the first payment, and the agreement runs as unregulated commercial finance from £25,000 upwards through the same panel of specialist commercial lenders. It is the most common structure we arrange for collector-grade Lotus cars where the lender and the credit broker can agree a realistic residual value upfront.
At the end of a Lease Purchase term on the Elise you have three options: pay the balloon outright to settle the agreement and retain the Lotus Elise, refinance the balloon over a further term with the same or a different commercial lender, or sell or part-exchange the Elise and use any equity above the balloon as the deposit on your next agreement. There are no mileage limits on a Lease Purchase, which suits owners who intend to drive the Lotus Cars Elise rather than store it.
Personal Contract Purchase on the Lotus Elise
Personal Contract Purchase is a credit agreement that combines a deposit, fixed monthly payments, and an optional final purchase amount known as the Guaranteed Minimum Future Value, with the lender taking on the residual risk. Personal Contract Purchase, commonly shortened to PCP, is most often used on current-model Lotus vehicles where the commercial lender is comfortable setting a Guaranteed Minimum Future Value at the outset. The monthly payment is lower than Hire Purchase because a meaningful portion of the principal is deferred to the GMFV, and the lender takes back the residual risk at the end. Our PCP agreements on the Lotus Elise are arranged as unregulated commercial finance from £25,000 upwards through specialist commercial lenders comfortable with this asset class.
Personal Contract Purchase terms on the Lotus Elise typically include a mileage allowance agreed at the outset and a condition clause covering wear and tear. At the end of the term you have three choices: hand the Elise back to the lender at no further cost (the Guaranteed Minimum Future Value protects you if depreciation has exceeded expectations), pay the GMFV to take outright ownership, or part-exchange the Elise for another car and use any equity above the GMFV as the deposit on the next agreement.
Equity Release on the Lotus Elise
Equity Release is a refinancing arrangement under which a commercial lender provides a new credit agreement secured against a Lotus Elise you already own, releasing the difference between the vehicle's current market value and any outstanding finance as cash. For owners of a Elise where the asset has appreciated, or has been held free of finance for several years, Equity Release unlocks the value of the car without selling it. We arrange the new agreement through the same panel of specialist commercial lenders as our Hire Purchase, Lease Purchase, and Personal Contract Purchase deals, structured as unregulated commercial finance from £25,000 upwards.
Equity Release on a Lotus Cars Elise is most useful where the current market value materially exceeds the original purchase price, typical on heritage and limited-build Lotus cars, or where an existing Hire Purchase or Lease Purchase agreement has built equity that can be more efficiently redeployed. The refinanced agreement runs in place of the previous credit broker arrangement, and our underwriting team works with you to model the cash-flow impact before you commit. Cash released can fund the next vehicle, a property purchase, working capital for a business, or any other requirement.
Lotus Elise Finance FAQs
Lotus Elise prices start from around £30k and can reach £70k for high-spec examples. Monthly finance payments depend on your deposit, term length, and chosen finance product. Use our calculator above for an instant quote.
Deposits typically range from 10% to 30% of the vehicle value. For a Lotus Elise at £30k, this would be approximately £3k to £9k.
The Lotus Elise produces 240 bhp from its 1.8L Supercharged Four-Cylinder, accelerating from 0-62mph in 4.1s 0-60mph with a top speed of 147 mph. Introduced in 1996 and named after Elisa Artioli, the Elise pioneered the extruded and bonded aluminium chassis in volume production and ran across three series before finishing in 2021.
Yes, we can arrange finance for both new and pre-owned Lotus Elise vehicles. Used examples may offer better value, and we can provide competitive rates for vehicles of various ages and mileages.
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