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1971 Lotus Elan background image

1971 Lotus Elan Roadster

  • Chassis Number: 50/0172-N
  • Engine Number: U249900
  • Body Number: 0172N
1971 Lotus Elan Navigation
The Lotus Company was founded by Colin Chapman in 1948 and was based on innovative and lightweight construction. The vehicle had starling performance both on and off the track. The company achieved seven Formula 1 Constructor's Championships, six Driver's Championships, and numerous other records and victories. The road-car production fueled and financed the growing racing commitments of Team Lotus.

The Lotus Elan was introduced in 1962. This Elan +2S (2+2) Coupe has been a California-based cars since the mid-1970s. In 1980, it was acquired by Mr. Lee Osborn. A body-off-frame restoration was completed in 1995. Necessary parts were purchased directly from England, being sourced from Caterham and other Lotus specialists.

The Elan was upgraded with CV joins replacing the factory rubber donuts at the rear half-shafts, and the restored backbone frame was carefully and selectively reinforced.

The work was completed in 1995. The Elan made its restoration debut at the Lotus Reunion in conjunction with that year's running of the Monterey Historics. It is finished in light blue with a black interior. It rides on Minilite magnesium wheels, AM/FM radio, stainless steel exhaust, and a wood-grain dash panel.

Power is from a dual overhead cam four-cylinder engine fitted with dual Twin-Choke carburetors. There is a four-speed manual gearbox and four-wheel hydraulic disc brakes.

By Daniel Vaughan | Dec 2013

2013 Gooding and Company - Pebble Beach

Pre-Auction Estimates :
USD $30,000-USD $45,000 
Sale Price :
USD $36,300

1971 Lotus Elan Auction Sales

Recent Sales of the Lotus Elan

(Data based on Model Year 1971 sales)
1971 Lotus Elan Sprint Drophead Coupé
Chassis#: 03019
Sold for USD$25,384
  2024 Bonhams : Goodwood Festival of Speed
 
1971 Lotus Elan Sprint - FIA
Sold for USD$61,288
  2021 Silverstone Auctions : The Race Retro Live Online Auction
 
1971 Lotus Elan Sprint Drophead Coupe
Chassis#: 0324E
Sold for USD$36,935
  2019 H & H Classics - Imperial War Museum, Duxford
 
1971 Lotus Elan Sprint FHC
Chassis#: 7110260379E
Sold for USD$41,826
  2019 Silverstone - Race Retro Classic Car
 
1971 Lotus Elan S4/Sprint Drophead Coupé
Chassis#: 7006140170
Sold for USD$61,829
  2018 Historics at Brooklands - Ascot Racecourse
 
1971 Lotus Elan S4
Chassis#: 368751
Sold for USD$44,189
  2017 Coys : Thoroughbred & Vintage at Fontwell House
 
1971 LOTUS ELAN S4
Chassis#: 368751
Sold for USD$43,458
  2017 Coys Blenheim Palace
 
1971 Lotus Elan 2+2
Sold for USD$10,394
  2017 Anglia Auction
 
1971 Lotus Elan Sprint
Sold for USD$51,076
  2015 Anglia Auction
 
1971 Lotus Elan +2S
Chassis#: 7108120445L
Sold for USD$14,560
  2015 H & H Auctions - Pavilion Gardens
 
1971 Lotus Elan Sprint
Sold for USD$29,400
  2015 Anglia Auction
 
1971 Lotus Elan +2S 130 ‘Big valve'
Chassis#: 7106090419L
Sold for USD$16,800
  2015 Historics at Brookland
 
1971 Lotus Elan +2S Coupe
Chassis#: 50/0172-N
Sold for USD$36,300
  2013 Gooding and Company - Pebble Beach
1971 Lotus Elan image  1971 Lotus Elan image  
1971 Lotus Elan S4 Sprint Drophead Coupe
Chassis#: 7105140391G
Sold for USD$20,951
  2004 Bonhams - The Goodwood Festival of Speed
 
1971 Lotus Elan Sprint
Chassis#: 1109220349E
Sold for USD$26,484
  2004 Coys- British and Continental Sports and Touring cars
 

Lotus Elans That Failed To Sell At Auction

1971 Lotus Elan's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1971 Lotus Elan S40196E2017 Historics at Brookland $22,000$26,000
1971 Lotus Elan + 2S 130/5710000051642016 Silverstone Auctions : The Classic Race Aarhus Auction $16,170 
1971 Lotus Elan Sprint DHC0399G2015 Silverstone Auction Salon Prive Sale   
1971 Lotus Elan +2 S - Sprint / Trackday / Hillclimb CarSPY20852011 Silverstone : The Walter Hayes Sale   
1971 Lotus Elan Sprint Coupe1109220349E2004 Bonhams Collectors' Motor Cars & Automobilia $15,000$18,000

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1971 Lotus Elan

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1971 Lotus Elan Vehicle Profiles

1971 Lotus Elan vehicle information
Roadster
Chassis #: 50/0172-N
Engine #: U249900

Vehicle information, history, and specifications from concept to production.