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2008 Lotus Elise

Used 2008 Lotus Elise

4.6
rating
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2008 Lotus Elise Exterior: 0
2008 Lotus Elise Lifestyle: 1
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2008 Lotus Elise Lifestyle: 2
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2011
2008
Fuel Economy
22 - 23 combined mpg
Horsepower
190 - 218 hp
Engine
2 engines available
Engine Options
  • 4-Cyl, 1.8 Liter
  • 4-Cyl, Supercharged, 1.8L
Cargo Volume
4 cu ft
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2008 Lotus Elise Overview

2008 Lotus Elise Pricing

2008 Lotus Elise pricing starts at $29,900 for the Elise Coupe 2D, which had a starting MSRP of $47,195 when new. The range-topping 2008 Elise SC Coupe 2D starts at $26,500 today, originally priced from $55,920.

Original MSRP
KBB Fair Purchase Price (national avg.)
$47,195
$29,900
$55,920
$26,500

The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2008 Lotus Elise models in typical condition when purchasing from a dealership. These prices are updated weekly.

Elise Consumer Sentiment

Owners give this generation Lotus Elise (2005-2011) a 4.6 out of 5 rating, which is higher than most, and 100% recommend it. These figures are based on 10 consumer reviews, like these:

What Owners are Saying About the 2008 Lotus Elise

"Street legal race car"

"My 2011 Elise R is the best car I have driven in my entire life. I had before porsches, BMW, audits and a mustang gt500 and those care are like driving crown Victoria's next to the Elise. The information this car send to the driver is amazing! Super fast acceleration for only 192hp, the BEST handling than any car out there including ferraris and lamborghini, and I know this because I was a test driver for this two companies when I lived in Italy. The only issue is the small cabin but that is what lotus is all about, low weight, superior handling and great acceleration. The Toyota engine is not a Celica engine, it is just the bones/shell, it is all lotus engineering. Until you drive an Elise you'll understand it, and if you are able to get those revs all the way close to the redline you will hear a sound that releases the monster that Elise is all about. It gives you the chills! It is like you are inside a race car video game."

"This is a race car, not a Luxury Sports Car"

"If you want to drive the best handling car on the road, this is your machine ! With the Toyota engine and drive train, you will not find a more reliable sports car. This car attracts people. They love it. This is the most photographed car I have ever owned. Tires - to get the grip, the Yokohama tires are very soft. The rear tires last about 6,000 miles and fronts last about 12,000 miles. This depends on how you drive, but I know you will love taking a city street corner at 60 and the car does not break loose. It goes 0-60 in 4.4 sec. This car is nothing but driving fun."

"Super car looks, realistic price"

"The first time someone hung out the window on the highway to take a poicture of the car I thought it was weird, then I got use to it. This car stops people. They all ask about it. Nothing I have ever driven comes close to getting the looks. And it is so fun to drive. only issue is getting in and out of it. Not easy. Once in, it is comfortable."

Overall 2008 Lotus Elise Quality

User sentiment suggests the overall quality of the 2008 Lotus Elise is above average for its class. Owners rated the 2008 Lotus Elise quality a 4.7 out of 5.

2008 Lotus Elise Reliability

The 2008 Lotus Elise receives an average consumer rating of 4.6 overall and a 4.7 for reliability, which means owners consider its reliability to be above average.

Favorite 2008 Elise Features

According to drivers of the 2008 Elise, here are some of its best features:

  • Everything
  • The best handling car you will ever drive
  • Fun is an understatement
  • Fun to drive, great styling
  • Fun, responsive

2008 Lotus Elise MPG by Trim

2008 Elise SC Coupe 2D - city 20 MPG - hwy 26 MPG

2008 Elise Coupe 2D - city 21 MPG - hwy 27 MPG

2008 Elise Safety

2008 Lotus Elise Safety Features

  • Driver Airbag
  • Passenger Airbag
  • Traction Control
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2008 Lotus Elise
KBB.com Consumer Reviews

4.6
Consumer Rating
Based on 10 Consumer Reviews
Write a Review
100%Recommend this vehicle
3
0%
3
0%
2
0%
2
0%
1
0%
1
0%
Value
4.8
Performance
4.7
Quality
4.7
Comfort
3.9
Reliability
4.7
Styling
4.8

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2008 Lotus Elise Values and Prices

Style
Trade-In Value
Private Party Value
Fair Purchase Price
-
$26,600
$29,900
-
$23,500
$26,500
Values above are based on "Good" condition vehicles. Estimated Private Party Values range from about $23,500 to $26,600 depending on vehicle style. Values and prices are based on national averages and typical mileage for this model, but they can vary greatly according to mileage, condition, location, and other factors. Valid through 7/28/2026.
Trade-In Value
Trade-In Value is the amount you can expect to receive this week when trading in your vehicle at a dealership.
Private Party Value
Private Party Value is the fair price you can expect when selling your car to an individual, not to a dealer.
Fair Purchase Price
Fair Purchase Price shows what others in your area are actually paying for this vehicle.
See Full Specs for All 2008 Lotus Elise Styles
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2008 Lotus Elise Depreciation

A 2008 Lotus Elise has a current resale value of $26,600.

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2008 Lotus Elise
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2008 Lotus Elise Annual Depreciation

Year
Vehicle Depreciation*
Resale Value
Trade-In Value
2023
-
-
-
2024
-
-
-
2025
-
-
-
Now
-
$26,600
-
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2-Year Forecasted Depreciation

*Depreciation for the last 12 months of the private party resale value.

2008 Lotus Elise Depreciation

Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.


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Specifications

Dimensions, Weights & Capacities

Curb Weight
1984 lbs.
Fuel Capacity
10.6 gallons
Max Seating Capacity
2
Overall Length
149.0 inches
Trunk or Cargo Capacity
4.0 cu.ft.
Turning Diameter
32.8 feet
Wheel Base
90.5 inches
Width with mirrors
72.8 inches

Exterior

Alloy Wheels
Available
HID Headlights
Available
Number of Doors
2 doors
Rear Spoiler
Available

Fuel Economy

City
21 mpg
Highway
27 mpg
Combined
23 mpg

Mechanical

Drivetrain
RWD
Transmission Type
Manual
6 speed
Available
Recommended Fuel
Regular
Limited Slip Differential
Available

Performance

Horsepower
190 @ 7800 RPM
Torque
138 @ 6800 rpm
Engine
4-Cyl, 1.8 Liter

Warranty

Basic
3 years / 36000 miles

Entertainment

  • Premium Radio
  • CD Player

Interior

  • Leather-Wrapped Steering Wheel
  • Power Windows

Seating

  • Cloth Seats

Security

  • Alarm System

Technology

  • Remote Keyless Entry
  • Remote Engine Start

2008 Lotus Elise Safety

Safety Features & Technology

  • Driver Airbag
  • Passenger Airbag
  • Traction Control

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See Details
Price
$29,900
$26,000
$25,400
$26,300
KBB.com Rating
N/A
4.8
4.5
4.2
Consumer Rating
4.6
4.0
4.7
4.8
Fuel Economy
City 21/Hwy 27/Comb 23 MPG
City 24/Hwy 32/Comb 27 MPG
City 19/Hwy 27/Comb 22 MPG
City 16/Hwy 23/Comb 18 MPG
Fuel Type
Gas
Gas
Gas
Gas
Seating Capacity2424
Basic Warranty
3 years or 36000 miles
4 years or 50000 miles
5 years or 60000 miles
4 years or 50000 miles
Horsepower
190 @ 7800 RPM
248 @ 5000 RPM
340 @ 6500 RPM
450 @ 8250 RPM
Engine
4-Cyl, 1.8 Liter
4-Cyl, Turbo, 2.0 Liter
V6, Supercharged, 3.0 Liter
V8, 4.2 Liter
Drivetrain
RWD
AWD
RWD
AWD

2008 Lotus Elise Rankings

FAQs

Is 2008 a good year for a Lotus Elise?

Owners of the vehicle give it 4.6 out of 5 stars. To find out if the 2008 Elise is the right car for you, check out the pros and cons, trims, specs and options at Kelley Blue Book.

Is the Lotus Elise 2008 a good Coupe?

Owners of the vehicle give it 4.6 out of 5 stars. To find out if the 2008 Elise is the right car for you, check out the pros and cons, trims, specs and options at Kelley Blue Book.

What is the MPG for a 2008 Lotus Elise?

The 2008 Lotus Elise gets 21 mpg in the city and 27 mpg on the highway.

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