Lotus · 1957
Elite Type 14
Manual · RWD · United Kingdom
AutoIndex value · good UK car
£60,000
Researched from UK sold prices and auction results. How we value cars
Estimated price by condition
Project
£36,000
Restoration candidate
Driver
£60,000
Good usable example
Concours
£90,000
Show standard
Indicative condition bands · not a valuation of a particular car
Price check
Looking at a Elite Type 14 for sale? Is it a good price?
Buyer’s notes
About the Lotus Elite Type 14
The Elite, shown at the 1957 Earls Court Motor Show, was built around a glassfibre monocoque that carried all the loads, with a steel subframe for the engine and front suspension bonded in. Power came from an all-aluminium 1,216 cc Coventry Climax FWE four. Early bodyshells gave trouble, and the Bristol Aeroplane Company later took over making them.
What moves the price
- The bodyshell: who built it (early Maximar or later Bristol shells) and whether it is the car’s original.
- Crash history: damaged shells have been replaced rather than repaired, so originality needs checking.
- Documented history and originality.
Before you buy, check
- The glassfibre structure for damage and repairs, ideally with a specialist who knows these monocoques.
- The steel subframe that carries the engine and front suspension.
- Chassis and engine numbers against the car’s records.
Facts checked against: Wikipedia · motorsportmagazine.com · lanemotormuseum.org · hagerty.com · iconicauctioneers.com
Vehicle data
Specifications
From 1957
Performance
Production
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Lotus Elite Type 14: value questions answered
- How much is a Lotus Elite Type 14 worth?
- A good, usable UK example of the Lotus Elite Type 14 is worth around £60,000 on the AutoIndex index. A project car that needs restoration is nearer £36,000, and a concours-quality example around £90,000. Condition moves the price more than anything else.
- What makes one Elite Type 14 worth more than another?
- Service history and paperwork — complete, stamped, explained
- Mileage against the norm for the model
- Originality — matching numbers, original paint and trim
- Specification — gearbox, colour, factory options
- UK-supplied versus imported
- Is the Elite Type 14 I'm looking at fairly priced?
- Enter its asking price and condition in the price check above. It compares the price with the index for that condition and tells you what to ask the seller about.
- How many Elite Type 14 cars were built?
- Around 1,030 were built, by our production records.
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