The Type 75 Elite of 1974 not only revived a famous Lotus name from the past, but represented the company's first foray into Saloon car territory. Its two-door, four-seater, fibreglass hatchback bodyshell was designed by Oliver Winterbottom. The newcomer was powered by an equally new Lotus engine, the all-alloy DOHC four-cylinder 907 unit of 1973cc and drove through the rear wheels via a five-speed manual gearbox. As tested by Motor magazine, the Elite was capable of sprinting to 60mph in around 7.8 seconds and on to a top speed of around 125mph. The handsome interior was the work of Giugiaro. This right-hand drive Elite 501 left the Hethel factory in 1979 and sports Silver fibreglass bodywork, Black leather interior and is a 1 owner example from new being supplied to the vendor by D.C Cook of Doncaster. Having covered just 33,500 miles the Elite has recently been serviced after a period of dry storage and MOT'd into April 2018 with no-advisory's. Offered with original sales brochure, collection of invoices and 19 old MOT certificates the vendor currently classes this extremely collectable Elite as having 'very good' bodywork, paintwork, interior trim, engine and five-speed manual gearbox.

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