E-Type Jaguar flurry on Australian market
Online ads and classifieds provide a good indicator of the state of the Australian market for popular classic cars such as the E-type. Over most of 2011, there were a relatively limited number of E-types listed for sale on the main car sale sites. The holiday season and the start of 2012 has seen a significant increase in the number of E-types listed for sale. It would seem no coincidence the this coincides with the end of the celebrations of the E-type’s 50th year. Owners were keen to be part of the festivities and are now seeking to cash in on the hype around the world that surrounded the E-type reaching its 50th year.
Asking prices commence at just under $50,000 for the least desirable cars, automatic Series 3, V12 2+2s. At the top end, a NSW dealer is asking over $200,000 for a fully restored 1961, flat-floor roadster. At this price an unrestored, matching numbers Victorian roadster looks like good value at $130,000.
In the range of $60,000 to $140,000, there are plenty of attractive cars, mainly Series 2s and Series 3s.
With so many cars on the market at once, now is the time to get out and see what is available. For many people, the E-Type is the ultimate classic. The car provided unrivalled style and performance for the money in 1961. Its arrival causing the biggest stir in the motoring world since the introduction of the Jaguar XK120 in 1948. The E-type brought spectacular wind-cheating styling (although it is not as aerodynamic as its looks might suggest). It also brought Aston-beating power and glamour at a remarkable price.
Styling is a subjective thing, of course. For my money, the E-type’s look is a little spoilt by a narrow track. However, despite niggles such as poor packaging, there is no denying that it remains one of the most spectacular cars of all time.
YOUR VIEW?
Is the E-type the ultimate classic? Will values hold up as E-type fans age? Which model represents the best value? Post a comment and share your view.
Ted
I enjoyed reading the articles. I am looking to one day own a XK120 Jaguar. Interested in your views.
Michael
Dear Ted, Thanks for your kind comment and your question. I will put together a short article on the Jaguar XK120 and publish it at The Classic Motorist in the next few days. In meantime, if you are looking to move sooner rather than later, a Sydney dealer has a nice looking, but not concourse, 1950 Jaguar XK120 for sale. You’d probably get it for $100k. There have been a few XK120s on the market in recent months, but they seem to have disappeared. Sold I assume. – Michael http://www.classicmotorist.com.au
Michael
Ted, I have just published a short piece on the XK120 at http://classicmotorist.com.au/?p=278. My view is that XK120s are one of the great cars of all time. I am reminded of a spectacular roadster passing me on the winding road into Castlemaine last winter. The driver was sporting a big moustache and goggles to help fend off the afternoon cool. These are useable, spectacular classics. For purists, the X120 is the car to have, rather than the tubbier XK140 and XK150. While I quite see their point, the later cars are also very desirable. Personally, I would take an XK120 over and E-type any day. To my eye, the XK120 is prettier. It is certainly rarer and prices are not that far apart.
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