When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
Future values of late 90's and early 2000's XK8 Coupes?
I'm looking at purchasing a 2000 XK8 Coupe. The car is in near perfect condition. Any thoughts on the future value of these cars and when or if they may become a collector vehicle? They are beautiful Cars!
This is not the kind of car that you purchase for an investment. This is especially true for the one that you propose. A very early model or last of production or unique or low volume sample has some potential. You might add in my friend's triple black 2001 XKR convertible which is very low mileage, perfect condition, all original, flawless. However this gives him the headache that age and use and potential damage are its enemies.
These are wonderful cars and do many things well while preserving the special aspects of classic Jaguar design and engineering. Only a few however will ever be collectible under specific conditions. They will never be like the E-Type. There are also demographic reasons that I mentioned before further contributing.
Buy it if you like it and can care for it. Perhaps it will be a nice survivor that stays in someone's family twenty years from now.
I think long term, they may become special interest but not truly collectible.
Collectible cars generally are the highest performance specification, low production, and usually the Convertible (excepting stuff like the 63 Corvette; yes despite verts on XKs are more common). They also tend to be the best of the breed in terms of reliability, build quality, and style.
I think end run XKRs like 06s, probably convertibles, are going to be the most valuable. They sorted out all the earlier cars issues with water pumps, transmissions, nikasil, etc. Yes, the Nikasil can be debated if it is still an issue (I own two cars with it and I'm fine with it). They have the highest output, the best brakes, best transmission, and really were as good as the X100 got. Some people may prefer the lines of the earlier cars without the ground effects, but I think that is so minor it's going to be a non-issue.
An 06 Victory Edition XKR Convertible will probably be the most collectible and early NA cars will be the least valuable. Fun but least value financially.
It’s only recently that E’s have been worth any real money. XK120/xK150’s are still obtainable. 2+2’a have never been collector darlings. I think we may see some decent pricing from time capsule ultra low mileage examples (sub 5k). But it will be a long time before the X100 is considered collectible.
I purchased my 2002 convertible two years ago with 72,000. Put less then 200 on it since. When I bought this I was hoping it would increase in value, but with the maintenance and parts that need replacing, I think I will spend more in the future and would lose any possibility of monitory gains. Was it worth it? Hell yes!. When I do drive it, I am always having people stop me and admiring the car and heaping praises upon it. I'll take the praises.
They may not not make it to Classic status but I love the Classic looks. Just wondering where they will bottom out in price? This is coming from a small money guy with big money taste.... ;-)
Don't beat me up on this but does anyone else see a little 60's Ferrari styling in these cars? Especially the Coupe?
They may not not make it to Classic status but I love the Classic looks. Just wondering where they will bottom out in price? This is coming from a small money guy with big money taste.... ;-)
Don't beat me up on this but does anyone else see a little 60's Ferrari styling in these cars? Especially the Coupe?
If you are small money, consider 4.2 L crossover in terms of years. Not sure if this includes the 2002, definitely 2003 and up. Many issues were worked out by the time of this upgrade and the purchase price/age and design issues balance should be mostly in your favor. However, never lose sight of the fact that few things cost more than a cheap car. If you have a comfortable place to work on the car and want to do things yourself, simply get a good hull and drive train and make it a project.
Yes, there is a lot of the 60's in the design and there are some lines that were common to Ferrari and other similar cars of the time.
Thanks for the advice. I will look into the 4.2's
I have a nice 3 car detached garage and love tinkering with cars. Had a 1995 VDP with the inline 6 and this forum helped me fix a few minor issues. It was a great car that I paid $11K for on ebay back in early 2000's. I felt like a million bucks when I drove it and had quite a few exec's at work giving me stink eye when I drove it in. Single dad with 2 in college so I've been driving the same budget beater for quite a few years. Think it's time to class it up a little. Can't touch the old muscle cars anymore but these early 2000 XK's may scratch that special car itch! Thanks all for the comments and suggestions. Definitely my favorite forum! ED.