1960 Lotus Elise

Make

Lotus

Model

Elise

Year

1960

Listed price

$49,500

Location

Astoria, New York

Transmission

Automatic

Mileage

0 miles

The Lotus Elite, unveiled at the 1957 London Motor Show, marked a revolutionary moment in automotive design and engineering. Conceived by Colin Chapman with a singular focus on lightweight performance, it was the world's first production car to feature a fiberglass monocoque chassis. This innovative construction method, combined with a drag coefficient of just 0.29, made the Elite incredibly aerodynamic and agile, embodying Chapman's "simplify, then add lightness" philosophy. Power came from Coventry Climax FWE 1.2-liter engine, a sophisticated all-aluminum unit derived from a fire pump engine, which, despite its modest displacement, offered spirited performance thanks to the Elite's featherlight curb weight. Only about 1,030 Series 1 Elites were built between 1958 and 1963, cementing its status as a groundbreaking and highly sought-after classic. This 1960 Lotus Elite Series 1, chassis number 24704, presents a compelling opportunity to acquire a significant piece of Lotus history. Having just emerged from extended storage, this example is finished in a vibrant red over a tan interior, a classic combination befitting its sporting pedigree. While it currently resides in a non-running state and requires a comprehensive restoration, including sourcing an alternator, starter, and distributor, it is described as a solid, straight, and honest car. With 0 miles since its re-discovery, its future is entirely in the hands of its next dedicated owner. This is a chance to revive a true icon of British automotive innovation.