Forzas Exotic and Classic Car Inventory

Maybe our cars are starting to appreciate or people are starting to appreciate our cars.
Vector

 

Now that I've got mine it's fine if they appreciate but this may be a little on the steep side. One funny thing is the orange plate. In NY we changed back just 4 years ago or so so this is fairly new to this owner. I wonder why it's for sale instead of having attention lavished on it in exchange for driving pleasure.

 

About 4-5 years back, I paid 13,500 with tax and tags for my near mint 40k XJR. It has been a great car but I would not pay $25k for it then or now.

Just because someone advertises one at a crazy price means nothing. They are simply out of touch with the market. If they regularly start selling at that price it is another story. I tend to believe that the very best x308 is still not worth more than $12-14k in the real world.

 

If it had been stored since 2002 with under 1,000 miles on....maybe that price would make sense. Since its not, he's just trying to SCREW someone over.

As a comparison we've got a 2004 XJ8 with 51k miles (Midnight & Dove with navi) that will have 2 yrs of warranty that we're selling for $12k + depending what the bill is from service to have it pass though the Jaguar 150 point inspection.

I hope whoever is looking to buy this 2002 does some homework first.

 

I'd be interested in that XJR... see my ad below!

 

Like they say, there's one born every minute.

I can almost guarantee you that the person that purchases this is not a resident of these (or any other) Jag forums. Or, they'd be warned off.

I can almost see this price if it was a full-on complete restoration from the center main crank bearing out to the rear emblem (almost)...but it appears to be something that is about 15K more than it should be (there is a broker in the north Philly area that brings up XJs from FL, low mileage from retiree estates, who sells in the 10-12K range...but I'd not deal with them...they don't allow f2f inspection, only sell via Ebay, etc). If someone offered me 6K for my '00, I'd jump on it (o/h'd tranny, rust taken care of, new tensioners, no leaks, brakes and coolant flushed), but no one is offering that for a 15 year old XJ...

But at that price? I'd throw another 5K at it and slide into a '10 or '11 XJ.

 

Sometimes people price things at a mark they now the item, in this case aJag, will never sell. Maybe going through a divorce and has to show the appearance of trying to sell it, or a guy who buys and sells cars all the time and he wants to keep this one, but keep up the appearances of being a seller, etc......With the internet most people get a feel for what a car costs before buying.

 

Good luck with that lol.

 

There was an X300 XJR on eBay (and listed elsewhere) with 25ish K miles that they wanted mid $20k for as well, and as far as I can tell it never sold.... which isn't a surprise.

It was a pretty remarkable car being such low mileage, and of course looked nearly like new, but that's just unreasonable.

Perhaps someone desperate for a car with that kind of mileage and money is no object (and a special obsession for a low mileage black X300 XJR) may come along, but otherwise until our cars become truly rare and collectable through time and attrition.... those prices are unrealistic IMHO.

They may also just be testing the waters to see who may nibble the bait... to see what the market will bear.

.

 

I posted this originally as a joke, good to see the discussion.

This is a dealer who sells some pretty rare and high priced exotic cars.

I think he is hoping that a wealthy client will see the car a say "what the heck" and buy it on the spot.

Or, as has been said, he really doesn't want to sell right now.
Vector

 

A similar car sold in the UK for £15,000 last year that's about $25k...

The old addage 'exceptional cars make exceptional money' makes sense when there was only 500 world wide, it's not a vanilla XJR so comparing 100 prices to standard doesn't work, this model will only appreciate, that's one of the reasons I restored mine "from the center main crank bearing out to the rear emblem" to quote bdboyle!

 

glad I could be of linguistic service...

(FWIW, did the same with my Europa. More as a 'can I really do this?' exercise than the thought that I would actually make any money at it. The journey (both on my back in the garage looking up at the chassis as I was assembling it and carving backroad corners after it was done) was the reason, not because I had any thought that I'd make back what I put in.

Sometimes, you just have to go for it...

 

Yep, sometimes, making no financial sense make the most sense.


When you work out however much £/$ you sink into a project, then subtract the hours of fun, and the fact that you now know your car inside out/back to front and upside down, so when anything needs to be done to it... no problem.


Now have a look at what you could have bought for the same money brand new!


Anything interesting?


Then you have add to the price of the new car what you have spent on hobbies for the weeks/months or years you were restoring yours!


Oh, and the depreciation .

 

There is nothing particularly special about this overpriced vehicle. Here in the USA it is simply a used car in good condition.

A sample of 1 sale is statistically irrelevant. I own an Amphicar. One sold at Barret Jackson a few years back for $150k. Suddenly everyone was listing theirs for $100k plus when they had been $40k the week before. Today, the very best of them are worth around $50k - $75k if fully restored.

It is one thing to fully restore a vehicle as a labor of love. For most cars the old adage holds true. The best way to make a small fortune restoring old British cars is to start with a large fortune.

 

AutoLeitner - Het adres voor bijzondere automobielen | 2001 Jaguar XJR 100 Limited Edition Antracietzwart metallic

E32,000 - what's that un USD? These cars are going up in value, gotta be clean though.

 

To be honest? Over 30K USD in parts, spare cars, supplies to get enough to build a single car.

For myself, around 400 hours of time over 18 months total. If I accounted for the time at journeyman's wages (over here, about 50 USD an hour), another 20K USD.

Anything interesting at the 50K mark? Yeah...could have picked up a brandy new XF (albeit the 2.0T, but still).

What's it worth? Let's not go there...

 

32000 Euro equals
35329.60 US Dollar