- Auctions
- The NEC Classic Motor Show Sale 2022
- 1997 Lotus Elise Series 1
1997 Lotus Elise Series 1
Lot Number: 657
1997 Lotus Elise Series 1
A ‘collector-quality’ Series 1 – the defining Elise; just 10,841 miles and a single previous owner.
- Sold for: £25,667
LIVE AUCTION: This lot was auctioned on Saturday 12th November, 2022 at 10.00am GMT at NEC, Birmingham, B40 1NT
-
BODY COLOUR
Calypso Red -
DRIVE
RHD -
REG NUMBER
P395 GPE -
ODOMETER READING
10841 Miles
SUMMARY
A ‘collector-quality’ Series 1 – the defining Elise; just 10,841 miles and a single previous owner.
DESCRIPTION
Purity is a fragile and vulnerable thing and in August 1996, the revolutionary new Lotus Elise seemed to ooze purity from every extruded anodised aluminium and epoxy resin crevice, with nothing superfluous subtracting from the essence of this truly minimalist, focused little sports car. Although 'beautiful to behold' it certainly was, the time-honoured relationship between 'form and function' was clearly evident in the way it went and handled with its lightweight chassis-tub at 731kg failing to daunt the enthusiasm of the mid-mounted, 1.8-litre K-series engine, and its 118bhp was enough for a 0-60mph time in the low sixes allied to decent torque in the higher ratios. Clothed in two-piece 'clamshell' fibreglass bodywork, the featherweight two-door also featured all round double-wishbone, independent coil-over suspension, rack and pinion steering, four-wheel ventilated disc brakes, and a 5-speed gearbox.
Designer Julian Thomson and engineer Richard Rackham were keen to create a car with something of a motorcycle’s feel, and they undoubtedly succeeded, as is evident as much in the aluminium-and-rubber interior and neat little Stack instrument panel, as in the car's dynamic intimacy with the road, the wind, and the weather. The Elise was a reaction to the corpulent world of leather, luxury, and levers becoming increasingly evident in Lotus road cars, and was an attempt to recreate Colin Chapman’s early principles before he abandoned them in a move upmarket.
Introduced at the 1995 Frankfurt Motor Show, just over 10,600 S1 Elises were built before the arrival of the S2 in 2001. It’s a testimony to the concept that, almost 27 years on from launch, the original 118bhp S1 still delivers. As with other great drivers’ cars such as the E30 M3 and the original Elan, all things feel in balance – power, grip, handling, and mass making for a uniquely satisfying experience. The Series 2 naturally benefitted from further years of development, however, the more demure Series 1 still defines the breed.
The car presented here is a 1997 Lotus Elise Series 1, 25 years old this year, and is the 881st example produced. It's equipped with a number of features unique to the early cars including the lightweight Metal Matrix Composite (MMC) brakes that helped towards achieving the ‘headline-grabbing’ target weight of just 690kg. This ‘time-warp’ example still wears its original Pirelli P Zeros, bespoke to the Elise, and the factory cloth-covered seats, now with a hint of patination, add to the sense of originality not having been upgraded to leather. Original features abound, the ‘green’ factory bonding used on the chassis is clear to see, whilst our vendor states 'under the arches, the suspension components, and inside the doors are all in truly fantastic condition for its age – all original, but like a much younger car.'Quite remarkably, but going someway to explaining its condition, the car has hardly been used in the last three years and even back in 2013 the indicated mileage was 10,054 miles meaning it has covered less than 800 miles since then.
With just a single previous owner, who was an enthusiastic Lotus Club member, and who obviously cherished his red Elise, using it only sparingly but with the foresight to preserve and maintain such an unspoilt original example of a modern-classic, whilst retaining all its associated paperwork, this car deserves to be appreciated. It's accompanied by a full Lotus service history, its original sales invoice and order form, plus two keys and a complete book pack (see images) – all signs of diligent ownership, resulting in one of best S1 examples we have ever offered.
NB. The Cherished Registration Number, P7 JDW, does not form part of the sale and the Lotus is currently registered P395 GPE.
SPECIFICATION
- Lot Number
- 657
- Make
- LOTUS
- Model
- ELISE
- Variant
- SERIES 1
- Registration Number
- P395 GPE
- Chassis Number
- SCC111YN1VHA10881
- Engine Number
- 18K4FJ31403458
- Transmission
- Manual
- Body Colour
- Calypso Red
GALLERY
CONSIGNOR
Joseph Watts
- Car Specialist
- 07779 082707
- joe@iconicauctioneers.com
For further information regarding this lot please contact Joseph.
CONTACTVehicles can be collected from The NEC on Monday 14th November between 9am and 2pm.
Motor vehicles
Our transport partners, EM Rogers, can assist with collection and delivery. Please contact them on 01604 755511 or trafficdesk@emrogers.co.uk for a quote.
Any cars not collected by 2pm on Monday 14th November will be taken to EM Rogers storage facility in Northampton for a fee of £175 plus VAT. Storage will be charged at £10 plus VAT per day from the Monday onwards.
Motorcycles
Our motorcycle transport partners, Moving Motorcycles, can assist with collection and delivery.You can obtain a quote online using the following link: Get a quote or contact them on 01933 448555 or info@movingmotorcycles.co.uk .
Any motorcycles not collected by 2pm on Monday 14th November will be taken to our transport partners facility in Northamptonshire for a fee of £110 plus VAT, including 3 days storage. Storage will be charged at £5 plus VAT per day thereafter.
Automobilia
Automobilia can be collected from The NEC over the weekend or Monday morning between 9am and midday by prior appointment. After this time it can be collected from our offices in Warwickshire or shipped to you at your expense.
Did you know that you may be able to finance your upcoming auction purchase? Our exclusive finance partner Apollo Capital are able to organise fast pre-approval for car funding on the latest interest rates and terms, minimum £50k lend.
An agreement in principle could see you arrange a finance package so the funds are ready to be paid out when you’ve bought your dream auction purchase. Please speak to their experts for a quote on 01423 590242 or visit apollocapitalgroup.co.uk/iconicauctioneers/.
A classic car or motorcycle is a source of great pride and enjoyment but, whether your car or motorcycle is in storage or on the road, you’ll need a specialist insurance policy. We have partnered with Howden Insurance a leading insurance brokers with a team dedicated to classic cars and motorcycles. They cover a vast array of classic and vintage models and only work with insurers who provide a great service and share our passion for the classic motor industry.
For a personal classic car or classic motorcycle quote, visit:
www.howdeninsurance.co.uk/iconic-auctioneers