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1974

Lotus Elite

Lotus goes upmarket with a four-seat wedge.

ELT 74N
Lotus Elite
Photo: David Merrett from Daventry, England, CC BY 2.0, via Wikimedia Commons

The story

Colin Chapman wanted to leave kit cars behind and sell to wealthier buyers. The Elite was a wedge-shaped hatchback with four proper seats and Lotus's own new engine. It was the most expensive four-cylinder car in the world.

Inside

A cabin styled by Giugiaro's studio, with four individual seats divided by a tall backbone tunnel.

In period colours

Tap a colour to respray the drawing.

Lotus Yellow
Did you know?

Its glassfibre body was moulded in two halves, top and bottom, and joined at the waistline.

Meanwhile, in 1974

The three-day week, two general elections, and Abba won Eurovision in Brighton with Waterloo.

Best-selling single of 1974: Tiger Feet by Mud

Buying and running

Before you buy a 1970s car

  • Rust is common in sills, wheel arches, front panels and the bottom of the doors.
  • Check the wiring and electrics carefully, as they age badly.
  • Many volume-selling cars still have good parts support, but badge-engineered and low-volume models can be harder to source.

General notes, not specific to this model. Check the model's own history before buying.

Rivals of its day

Picked automatically: cars on sale at the same time with similar size, speed and price.

TVR Tasmin1980 · 130 mphCompare
TVR 3000M1972 · 121 mphCompare
Triumph Stag1970 · 116 mphCompare

See the real thing

These open in a new tab: the car on Wikimedia Commons, the interior and the badge as Google image searches.

Flat out 020406080100120140 MPH
124 mph
First builtMay 1974
Age today52 years since launch
Built atHethel, Norfolk
On sale1974–1982
Years in production8 years
Number madeAbout 2,500
Kerb weight800 kg (approx.)
Fuel economy32 mpg combined (approx.)
Engine2.0-litre Lotus 16-valve four
Power155 bhp
Top speed124 mph
Speed rankingJoint 70th fastest of 164
0–60 mph7.8 seconds
Price when newFrom £5,445
In today's moneyAbout £73,500
Designed byOliver Winterbottom

Today's money: the launch price adjusted for inflation to 2026, using the Office for National Statistics price index.