what it costs new, what it’s worth used, and who has one near you.
The 2011 Lotus Elise is a vehicle we track across the used market in Canada. Below is what it costs new, what it's worth used, and who has one near you — figures we update from our daily market scan.
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Fuel economy & range: Natural Resources Canada (Open Government Licence — Canada). Safety recalls & owner-reported complaints: US National Highway Traffic Safety Administration (public domain); complaint shares are a relative signal, not a failure rate. Prices, payments, depreciation, listing counts and dealer inventory: Conquest market data; payment estimates use market-average terms and are not an offer of credit. Independent service — not affiliated with or endorsed by Lotus.
Owner-reported problems and open safety recalls
Safety recalls
2 campaigns issued by the manufacturer
Engine and Engine Cooling · Engine
Lotus Cars USA, Inc. (Lotus) is recalling certain model year 2008-2011 Elise and Exige vehicles manufactured from November 2007 to July 2011, and 2011 Evora vehicles manufactured September 2010 through September 2011. The oil cooler hose may detach from its fitting.
Campaign 14V280000
Exterior Lighting · Turn Signal · Flasher Unit
LOTUS IS RECALLING CERTAIN MODEL YEAR 2011 ELISE VEHICLES MANUFACTURED FROM JUNE 2010, THROUGH FEBRUARY 2011, FOR FAILING TO COMPLY WITH THE REQUIREMENTS OF FEDERAL MOTOR VEHICLE SAFETY STANDARD NUMBER 108, "LAMPS, REFLECTIVE DEVICES, AND ASSOCIATED EQUIPMENT." THESE VEHICLES WERE FITTED WITH TURN SIGNAL MODULES WHICH WERE NOT COMPATIBLE WITH THE REVISED FRONT HEADLIGHT CONFIGURATION WHICH INCLUDES THE INTEGRAL FRONT LED TURN SIGNAL UNITS. THE INCOMPATIBLE MODULE MAY, UNDER CERTAIN CONDITIONS CAUSE ALL THE LED TURN SIGNAL LAMPS TO FLASH AT AN ERRATIC FREQUENCY WHEN THE HAZARD WARNING SWITCH IS DEPRESSED. IN ADDITION, IN THE EVENT THAT EITHER A FRONT OR REAR TURN SIGNAL LAMP FAILS TO ILLUMINATE OR DOES NOT FLASH AT THE CORRECT FREQUENCY WHEN OPERATED, THE REMAINING FUNCTIONING SIGNAL LAMPS ON THAT VEHICLES SIDE AS WELL AS THE INSTRUMENT TURN TELL TALE LAMP WILL NOT FLASH AT AN INCREASED RATE AS INTENDED.
Campaign 11V541000
Recall campaigns are manufacturer-issued and fixed free of charge. This is the US campaign set matched by year, make and model — it is not a check against a specific VIN, and Canadian campaigns may differ.