I have heaps of old Practical Classics mags, and the ones dated from the mid-late 90s the classifieds had lots of E-Types for sale for as little as 10-15 grand. One ad there was even a 3.8 model (described as a flat floor model) that was for sale for 8 grand lol, now that same car would be worth upwards of 100k. I bet the owners of those cars when they sold them really kicked themselves realising they could've made a fortune if they'd kept hold of them. But then the cost of parts and restoration has become very expensive. Parts costs for E-Types are as eye watering as the cars themselves.
@@reginaldbowls7180 That's cheap, well maybe not back when they were sold. I went to a local classic meet a few years ago and there's a bloke that regularly takes his Ferrari's there, one of them is a 250GTB, another is a 275, another is a Ferrari 2+2, and another is a Ferrari California (a recreation from an original Ferrari but not a replica as such). They must be worth about 10 million. Where people get their money from I don't know.
I have an ep of Top Gear from the 16th March 1995 where Steve Berry reviews and tests an S-Type Jag with a modified S-Type with modern interior and steering. What's odd about the modified Jag is that the MOT for the car ended that year. Maybe the car had a new reg.
Well, the guy was a bit wrong about that 'don't buy as an investment' thing, at least in the long term. Assume you'd spend about £10,000 in 1991 (about 20 grand in 2019) on a half decent example with minimal corrosion and only requiring minor bits and bobs fixing to keep it in decent nick; and you kept it in a garage (you'd expect someone buying a project/classic car would have a garage) you'd now be able to sell it for anything from 30-40 grand depending on mileage and condition based on the ones I can currently find for sale. Took 30 years to pay off but you definitely made some money on the deal, assuming it didn't cost you too much keeping it in decent condition.
Wonderfully looking car. However, the realities of wear through the ages have taken a toll. The same is here in the USA with classic cars. Unless you have an unlimited budget, doubful you will ever reap any sort of profit if you finally decide to sell it.
In 1991 UK was still in recession. Thanks Tory party. Car auctions were full of newish repos . I bought a newish 911 for 12k. Now why did I not garage it and keep it.
@@coldhell3580 The Daimler engine was a Daimler design, different from the Jag 2.4. It was a BSA engineer, the firm that owned Daimler before it was sold to Jaguar, who created it. The reason it could take on a Jaguar was because it was much lighter than the Jaguar unit. Produced about 140hp.
//Restoration is hard/costly process ...Till now I can't understand why car-brands don't produce their own best car-models from the past ?!!!? ..and the parts were/are still manufactured !!.. i.e: Ford Produces "classic Mustang" , Chrysler makes "Charger", Jag makes XJS, Ferrari 308, Porsche 356 .. etc .. They could improve them a little bit .. with nowadays technology it should be easy and profitable (replicas are very expensive) !!//
funny onion ..I am 77 years old, so I most certainly remember " JAGS " . It was the car that everyone wanted in the 1960 s. I wanted one but I seem to remember that the Insurance, for anyone under 25 was beyond most people's reach.
Hehehhhehh and here in 2022, the whole “investment” concept theory here was proven completely wrong 🤣 They may not be worth millions, but a well maintained example is worth quite a bit now.
What will happen to all these classic cars when by 2030 you are not allowed to drive it out of your garage, and there are no gas stations in a 100 mile radius anyway?
That wont be the case, you cannot buy a new car with an IC engine but old cars will increase in value and demand as time goes on, so fuel will still be plentiful for a long time to come. I do wonder if people will source ICE cars from abroad after that date.
@@user-jt5vm3mi1w Sorry mate I didn't realise comprehension of the English language was the issue here. "taste" in this context means personal preference. I wish you well son all the best to you
