Manufacturer's Suggested Retail Price (MSRP), also known as "sticker" price, is a recommended selling price that automakers give a new car that is above the invoice price paid by the dealer. It is a price that does not include any options that can be added to a particular car style. When shown as a range, the prices are starting MSRPs, without options, for multiple styles for that model.
This price range reflects the Kelley Blue Book Suggested Retail value for all trim levels, but not necessarily all available options.
The Kelley Blue Book Suggested Retail value represents the amount an auto dealer might ask for a specific vehicle; the actual sale price will vary. A vehicle's popularity, condition, warranty, color and local market conditions are factors involved in determining a final price. The retail value is not a trade-in or private party value.
The Suggested Retail value assumes that the vehicle has been fully reconditioned and has a clean title history. The Suggested Retail value also allows for advertising, sales commissions, insurance and other costs of doing business as a dealer. Most vehicles offered at this price have passed an inspection, and some may carry a warranty. Vehicle mileage is assumed to be normal or below normal.
Best Bets get above-average mpg, class-average or better reliability, class-average or better crash-test ratings, and our recommendation.
By Cars.com Staff
October 27, 2006
Vehicle Overview For 2007, the Lotus Elise carries on with no major changes. Fans of the Elise were disappointed for years because the compact two-passenger sports car had been sold in Europe since 1996 but was not exported to the U.S. That disparity disappeared in the 2005 model year when the Elise began arriving at U.S. dealerships.
LED taillamps are standard, and the air conditioning system can be deleted to save weight. Traction control and a limited-slip differential are optional. Equipped with a six-speed gearbox, Lotus says the Elise will go from zero to 60 mph in less than 5 seconds.
Based in Norfolk, England, Lotus was founded in 1952 by Colin Chapman. Group Lotus has a formidable reputation for engineering innovation and racing victories.
Exterior Countless cars are described as "aggressive," but the Elise truly looks the part, with its huge air intakes behind the doors, long sloped headlight covers, ground-hugging stance and businesslike demeanor.
Lotus says the Elise was the first production car to have a bonded, extruded aluminum chassis; it weighs just 150 pounds. Composite body panels are used, and the entire car weighs slightly less than 2,000 pounds — about 300 pounds less than a Toyota Yaris hatchback. A black cloth top is standard, and a body-colored hardtop can be installed.
The four-wheel-independent suspension features Eibach coil springs and Bilstein gas shock absorbers. Standard eight-spoke cast-aluminum wheels hold Yokohama tires that measure P175/55R16 in the front and P225/45R17 in the rear. AP Racing supplies the twin-piston front brake calipers, while Brembo provides the single-piston rear calipers. The optional Track Pack includes an adjustable track suspension and an adjustable front anti-roll bar.
Interior Two occupants fit in composite sport seats. An aluminum gearshift knob and handbrake sleeve help keep the Elise's weight down and complement the aluminum chassis. The driver faces a leather-trimmed Momo steering wheel. Air conditioning, a CD stereo and power door locks are standard. A starter button fires the engine, and an immobilizer alarm is installed. The optional Touring Pack includes full-leather seating, power windows, an upgraded stereo and a double-insulated fabric top.
Under the Hood A Lotus-tuned 1.8-liter four-cylinder engine that incorporates Toyota's Variable Valve Timing and Lift technology produces 190 horsepower. Peak horsepower is achieved at 7,800 rpm, and the engine delivers 138 pounds-feet of torque at 6,800 rpm. A C64 six-speed manual gearbox is supplied by Toyota, and Lotus engineers designed its shift linkage mechanism.
Safety Dual front airbags and antilock brakes are standard.