MARKET ANALYSIS
Series 2 (2004 to 2011)

The Lotus Exige Series 2, manufactured globally from 2004 to 2011, successfully transformed the nameplate from a niche derivative into a world-class performance benchmark by adopting the high-revving, Toyota-sourced 2ZZ-GE engine and a more aerodynamic, "shrink-wrapped" aesthetic. In the 2026 Australian market, the Series 2 is viewed as the "Goldilocks" generation, offering a significant jump in desirability for the supercharged Exige S (2006–2011) and the ultra-rare 240R or RGB Special Edition models, which provide a ferocious power-to-weight ratio without the increased bulk of the later V6 versions. The buyer pool in Australia consists of track-focused purists who prioritise the mechanical durability of the Japanese powertrain and collectors who are specifically hunting for limited-run local releases like the Sport 240, which was developed in part by the local Australian engineering team. Locally, market value is exceptionally firm for original, Australian-delivered cars—with well-sorted examples often commanding between $75,000 and $115,000 depending on mileage and specification—as 2026 buyers prioritise units with a verified history of suspension refreshes and aluminium radiator upgrades to ensure these lightweight legends remain reliable and ready for competitive tarmac rallies or weekend mountain runs.
The Lotus Exige Series 2, manufactured globally from 2004 to 2011, successfully transformed the nameplate from a niche derivative into a world-class performance benchmark by adopting the high-revving, Toyota-sourced 2ZZ-GE engine and a more aerodynamic, "shrink-wrapped" aesthetic. In the 2026 Australian market, the Series 2 is viewed as the "Goldilocks" generation, offering a significant jump in desirability for the supercharged Exige S (2006–2011) and the ultra-rare 240R or RGB Special Edition …
Model years for Lotus Exige (2004 to 2011)

2011 Lotus Exige S
9,675 km • Manual • RHD
🇦🇺Perth, WA
$74,500
Auction
Feb 04, 2026
2008 LOTUS EXIGE SPORT 240 - MIGHTY CAR MODS
58,616 km • Manual • RHD
🇦🇺Sydney
$79,500
Auction
Apr 20, 2021
2005 LOTUS EXIGE S2
140,395 km • Manual • RHD
🇦🇺Lysterfield South, Victoria
$51,500
Auction
Sep 21, 2021
2006 LOTUS EXIGE S2
44,000 km • Manual • RHD
🇦🇺Brisbane, QLD
$62,500
Auction
Nov 15, 2022
2006 Lotus Exige S
78,265 km • Manual • RHD
🇦🇺Moorabbin VIC
$56,000
Auction
Oct 10, 2024