1977 Lotus Esprit S1

2dr Coupe

4-cyl. 1973cc/160hp 2x2bbl

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$29,200*

+4.3%
#4 Fair condition#4 Fair
Value GraphOct 2024
insurance

Protect your 1977 Lotus Esprit from the unexpected.

Better coverage built for classics at a price you can afford. Online quotes are fast and easy
More 1977 Lotus Esprit S1 values

Model overview

Model description

By the early 1970s, Lotus’ product line was distinctly long in the tooth. Both the Elan and the Europa had been on the market for more than five years and both had been sold in kit form. The Europa was funny-looking to boot. World economics also forced Lotus to compete at a pricing level that approached the cost of much more sophisticated and professionally executed cars. A new model was needed to change Lotus’ image.

Enter the 1976 Lotus Esprit. The new Lotus wore sharp wedge styling courtesy of Giorgetto Giugiaro, and looked just like the stunning 1972 concept car. Engineers mounted the 2.0-liter, 4-cylinder engine mid-ship, and coupled it to a 5-speed transmission. Sadly, build quality on these early Esprits wasn’t up to the price and the usual Lotus fragility along with the Federalized cars’ anemic 140-hp rating failed to impress enthusiast. The Esprit’s ride and handling were brilliant, however, as were its looks.

The S2 of 1978 brought with it evolutionary changes, but the biggest change to the original Esprit occurred in 1980 when engine displacement increased to 2.2 liters and a turbocharger was added to the model lineup. With the introduction of the turbo, the car’s complexity increased, but finally the car’s performance was commensurate with its looks.

The Giugiaro Esprit continued until a redesigned model was introduced in 1987. The early cars, however, remain one of the purest expressions of the 1970s wedge theme. And while the Lotus Esprit can certainly be classified as an exotic, parts and maintenance are nowhere near Ferrari levels. As such, this car remains a popular vintage option.

Find more values
Search for prices of other cars, trucks, vans and motorcycles
Classic car

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.