- Auctions
- The Iconic Sale at Silverstone Festival 2025 - Collectors' Cars
- 1999 Lotus Elise 111S - 5,115 miles from new
1999 Lotus Elise 111S - 5,115 miles from new
1999 Lotus Elise 111S - 5,115 miles from new
A remarkable first generation Elise 111S, one recorded keeper from new, just 5,115 miles and a comprehensive history.
- ESTIMATE: £18,000 - £22,000
+ buyer's premium of 12.5% plus VAT (15% incl VAT)
You can choose to bid in the room, by phone, online or via commission.
LIVE AUCTION: This lot will be auctioned on Saturday 23rd August, 2025 at 11.00am BST at The Wing, Silverstone Circuit, NN12 8TN
-
BODY COLOUR
Black -
DRIVE
RHD -
REG NUMBER
T111 JVB -
ODOMETER READING
5115 Miles
SUMMARY
A remarkable first generation Elise 111S, one recorded keeper from new, just 5,115 miles and a comprehensive history.
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 30 years on from launch, the original 118bhp S1 still delivers, all things feel in balance – power, grip, handling and mass, making for a uniquely satisfying experience. The Series 2, naturally benefited from further years of development, however the more demure Series 1 still defines the breed.
The 111S was introduced in early 1999 retaining the VVC Rover K-Series engine, however, a modified head and VVT-type technology endowed the Lotus with an additional 25bhp, bringing it up to a more respectable 143bhp, fed through a closer-ratio gearbox and lower final drive. Other changes included cross-drilled brakes, a rear spoiler, 6-spoke alloy wheels, headlamp covers, ‘chip cutter’ front grille, additional seat padding, central locking, sun visors and alloy window winders.
This remarkable example was supplied new to its one and only registered keeper on 18th March 1999 by Kings Lotus of Warwick. We understand that it's been in storage for much of the last ten years and the odometer currently reads 5,115 miles from new.
Within the car's history file is the original Bill of Sale which shows that after her chosen options - Cobra Alarm, leather seats, a radio, Elise floor mats and a Tracker - the purchase price was £28,395.03. Also in the file are numerous original copies of correspondence from Kings Lotus, the original New Vehicle order form dated 3rd September 1998, original deposit receipt, the original book pack, Driving Controls Technical Data, the original Warranty, dealer directory, old MOTs back to March 2003 at 2,595 miles, and the stamped maintenance record with the last service in the book at 5,112 miles on 7th May 2015. The car will have a cambelt service prior to our auction.
SPECIFICATION
- Make
- LOTUS
- Model
- ELISE S1
- Variant
- 111S
- Registration Number
- T111 JVB
- Chassis Number
- SCCJA1114XHC36064
- Engine Number
- 18K4KM32216415
- Transmission
- Manual
- Body Colour
- Black
GALLERY
SPECIALIST
Richard Greenhalgh
- Car Specialist
- 07948 152921
- richard@iconicauctioneers.com
For further information regarding this lot please contact Richard.
Email RichardTelephone Richard
WhatsApp Richard
Please note all lots must be removed from the venue no later than 2pm on Monday 25th August. Collections will be from 9am - 2pm. If you cannot collect yourself, please do get in touch with our transport partner, EM Rogers, who will be happy to help you.
Uplift by EM Rogers back to their storage facility in Northampton is £175 plus VAT. Storage is £10 plus VAT per day for the first seven days and £40 plus VAT per week thereafter.
For larger vehicles such as vans, transporters etc. please contact EM Rogers on +44 (0)1604 755511 for a quote.
If you cannot collect, or do not let us know transport arrangements before 9am on 25th August, we will send the car to EM Rogers on your behalf.
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