1968 Lotus Europa

S2 Coupe 1.5 L

Vehicle values by condition

Fair
Condition 4
£6,900
#4 cars are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped.
Good
Condition 3
£10,200
#3 cars could possess some, but not all of the issues of a #4 car, but they will be balanced by other factors such as a fresh paint job or a new, correct interior.
Excellent
Condition 2
£17,000
#2 cars could win a local or regional show. They can be former #1 cars that have been driven or have aged. Seasoned observers will have to look closely for flaws.
Concours
Condition 1
£24,400
#1 vehicles are the best in the world. The visual image is of the best car, unmodified, in the right colours, driving onto the lawn at the finest concours.
Insurance premium for a
1968 Lotus Europa S2 Coupe 1470
valued at £10,200
£126.07 / year*

History of the 1968 - 1971 Lotus Europa

1968 - 1971 Lotus Europa
1968 - 1971 Lotus Europa

The Lotus Europa was originally designed to replace the Lotus Seven, but the two occupied vastly different market niches, so the Europa was aimed at the continent for the first two years (1966 and 1967), as the name suggests.

Even by Colin Chapman’s standards, the “bread van” was very basic, with a mid-mounted Renault 16 engine attached to a spine frame, bonded to a very low and light glass fibre body. The whole car only weighed 1,350 pounds. Claustrophobia wasn’t helped by the fact that the windows did not open, the seat was non-adjustable and the unavoidable awareness that your feet were immediately behind the front bumper. Rear vision was largely theoretical, a gun-slit directly behind the driver’s head only offered a view straight back, as sail panels extended to the rear of the car at the height of the roof.

All was forgiven, however, once the gearbox was engaged. The handling was superb, even if the 1,470cc R16 motor only developed 78-87 bhp on its way to a top speed of approximately 110 mph. The S2 of 1968 bolted the body to the frame, rather than bonding it, and the windows now opened, making for a better all-round car .

In 1971, Lotus installed a 105-hp Ford 1,588cc twin-cam 4-cylinder, thus launching the Europa S3. Suddenly 0-60 came down to 7.8 seconds, and top speed went up to 117 mph. Sail panels were cut down to improve rear visibility, the front valance received a spoiler, the interior was enlarged, and handsome Lotus mag wheels were fitted.

The final variation was the Lotus Europa Special with the126-hp “big valve” twin-cam from the Lotus Elan Sprint. It came equipped with a 5-speed gearbox and a top speed of 125 mph. An estimated 9,230 Europas were built between 1966-71, and about 4,950 Twin Cams from 1971-75.

Lotus Europas are extremely fragile and their lightweight bodies are easy to destroy. In addition, the steel spine frames are prone to rot. It’s better to spend more money on a good car with proven provenance and records, than on a rough runner. There is almost no market for Renault 16 engines these days, and few spares, so the Twin Cam is an easier option for owners to keep. Also, given these car’s diminutive proportions, try to find some prolonged seat time before buying to ensure you can fully enjoy the driving experience.

All 1968 Lotus Europa body types

Year Make Model Submodel Body Type Engine size Average value
1966 Lotus Europa S1 Coupe 1.5 L £ 7,900 11,900 19,400 24,400
1968 Lotus Europa S2 Coupe 1.5 L £ 6,900 10,200 17,000 24,400
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