Gullwing Motor Cars Inc

2430 46th Street, Astoria, NY 11103
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Used 1960 Lotus Elite

For Sale:$49,500
Estimated payment:$1,122/mo.
$0 trade-in, 10% down payment, 48 months, Great credit score
  • Coupe
  • Luxury
  • Condition
    Used
  • Exterior Color
    Red
  • Interior Color
    Tan
  • VIN
    -

Engine

    Message from the seller

    1960 Lotus Elite CoupThis original 1960 Lotus Elite is a rare and exciting find just out of long-term storage. Red with tan interior. An extremely desirable and collectible sports-car for straightforward restoration. It's not currently running and is missing its alternator, starter, and distributor. A solid, straight, and honest example with a lot of potential. Launched at the 1957 Earls Court Motor Show, Colin Chapman demonstrated that his skills as a racing car designer and constructor could just as easily be applied to production road cars. It was, nevertheless, conceived with competition in mind, as Chapmans sights were set on class wins at Le Mans and the Monte Carlo Rally. A typically innovative design, the Elite featured a fiberglass monocoque body tub, independent suspension all round and four-wheel disc brakes, while the aerodynamically efficient body made the most of the Coventry Climax engines 75bhp, delivering a top speed of 112mph. Offering iconic styling and exciting engineering, these cleverly designed sports-cars are sought by enthusiasts around the world. Exhilarating and cleverly engineered sports car Colin Chapman's legendary lightweight GT A rare and original sports car icon Excellent example for straightforward restoration Org Price: $56,500Discounted Price $49,500

    1960 Lotus Elite Overview

    The 1960 Lotus Elite is a landmark automobile, representing a bold departure from traditional sports car design and engineering. Conceived by Colin Chapman, the visionary founder of Lotus, the Elite was intended to be a lightweight, sophisticated, and technologically advanced grand tourer that emphasized handling, performance, and aerodynamic efficiency. While not a commercial powerhouse, its innovative construction and performance capabilities cemented its legendary status in automotive history.

    Design and Styling:

    • Aerodynamic Silhouette: The Elite's most striking feature is its highly aerodynamic, sleek, and curvaceous body. Designed with a keen eye for airflow, it boasts a distinctive fastback profile with a steeply raked windshield and a Kamm-tail rear end. This design not only contributed to its impressive drag coefficient but also gave it a timeless and elegant appearance that stood out from the more conventional sports cars of its era.
    • Monocoque Fiberglass Construction: A revolutionary aspect of the Elite was its construction. Instead of a traditional body-on-chassis setup, it featured a fiberglass monocoque chassis. This was a pioneering application of this technology in a production car, allowing for a significantly lighter and stiffer structure. The body and chassis were integrated, contributing to exceptional rigidity and further reducing weight.
    • Compact and Agile Footprint: The Elite was a relatively small car, designed for nimbleness and agility. Its compact dimensions, combined with its low weight, made it a joy to drive on winding roads.

    Powertrain and Performance:

    • Coventry Climax FWE Engine: The Elite was powered by the Coventry Climax FWE, a lightweight and potent 1.2-liter inline-four engine. This engine, derived from racing technology, was known for its high-revving nature and excellent power-to-weight ratio. In the Elite, it produced around 75 horsepower, which, when combined with the car's exceptional lightness (often under 1,300 lbs), resulted in exhilarating performance for its size.
    • Four-Speed Manual Transmission: Power was sent to the rear wheels through a robust four-speed manual gearbox. The close-ratio nature of the gearbox further enhanced the car's sporty feel and acceleration.
    • Exceptional Handling: True to Lotus's philosophy, the Elite prioritized handling above all else. Its lightweight construction, advanced suspension system (featuring independent front suspension and a de Dion rear axle), and precise steering created an unparalleled driving experience. It was renowned for its precise turn-in, minimal body roll, and overall balance, making it a formidable performer on both road and track.

    Interior and Features:

    • Driver-Focused Cockpit: The interior of the Elite was designed with the driver in mind. While offering a degree of refinement, it maintained a sporting character. The dashboard featured a comprehensive array of instruments, providing the driver with all the necessary information.
    • Limited Passenger Space: Due to its compact size and emphasis on lightweight construction, passenger space was somewhat limited, particularly in the rear. The car was primarily conceived as a two-seater with occasional seating for two smaller individuals in the rear.
    • Practicality and Grand Touring: Despite its sporting pedigree, the Elite was intended to be a usable grand tourer. It featured a decent-sized trunk for luggage, making it capable of comfortable long-distance journeys.

    Legacy and Significance:

    • Technological Prowess: The Lotus Elite was a significant technological achievement for its time, demonstrating the potential of fiberglass monocoque construction and lightweight engineering. It pushed the boundaries of what was considered possible in automotive manufacturing.
    • Driving Purity: The Elite is celebrated for its pure and engaging driving experience. It offered a level of feedback and connection to the road that few other cars of its era could match.
    • Cult Following: While its production numbers were relatively low (around 1,000 units), the Lotus Elite garnered a dedicated cult following. Its unique blend of innovative engineering, striking design, and thrilling performance made it a desirable and collectible classic. It laid the groundwork for future Lotus sports cars, embodying the brand's core principles of "lightweight" and "handling."
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    Listed on August 21, 2025 (8 months ago)
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    This Used 1960 Lotus Elite is available for drivers in Brooklyn, New York, Bronx, Staten Island, Newark, Jersey City, Jamaica, Flushing ...