Prices still rising!
#1
Prices still rising!
I know that some US members say that they are not seeing the increase in XJS values that the rest of the world seems to be experiencing.
But today, I saw a new peak. An independent dealer in the UK who imports a lot of LHD cars from the US has a 1994 LHD 6.0 convertible with only 6k miles on their website. Asking price? The equivalent of $111,000!!
So. maybe the answer is for US owners of nice examples to phone them up and offer them your car!
Paul
But today, I saw a new peak. An independent dealer in the UK who imports a lot of LHD cars from the US has a 1994 LHD 6.0 convertible with only 6k miles on their website. Asking price? The equivalent of $111,000!!
So. maybe the answer is for US owners of nice examples to phone them up and offer them your car!
Paul
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ronbros (04-15-2019)
#2
Join Date: Jul 2010
Location: Austin tx and Daytona FL.
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Timeisrelative (04-15-2019)
#3
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Timeisrelative (04-15-2019)
#4
Vee,
You're right. As we know the only thing that really defines the market is sold prices. So, we have to look at price indices such as Hagerty's which use sold prices, specifically auctions prices to create their price guide. Sadly, they don't have enough info on 6 litre XJSs to create a price profile for that variant at the moment. Their figure for a concours 4 litre convertible is only the equivalent of $37,000. But as we can see, that's a huge increase over the last few years.
Paul
You're right. As we know the only thing that really defines the market is sold prices. So, we have to look at price indices such as Hagerty's which use sold prices, specifically auctions prices to create their price guide. Sadly, they don't have enough info on 6 litre XJSs to create a price profile for that variant at the moment. Their figure for a concours 4 litre convertible is only the equivalent of $37,000. But as we can see, that's a huge increase over the last few years.
Paul
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orangeblossom (04-15-2019)
#5
Do you have a link to that insane price car, Paul? Autotrader UK has some bloody expensive ones, like this
Nearly 50,000 pounds!
Nearly 50,000 pounds!
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orangeblossom (04-15-2019)
#6
I think it speaks volumes on value when LHD XJS cars are being sent back to the UK and being sold for what we here in the United States consider insane amounts. Driving a LHD car in the UK is a big deal no different then us Americans being willing to drive a RHD car here. We have been spoiled here in the U.S. for so many years because the majority of XJS cars were sold here.
Simple supply and demand ratios but pristine low mileage 6.0L and 4.0L late model examples are getting harder to find so over time even in the U.S. we will see pricing start to reflect what most of Europe and Australia have already witnessed. Even though the XJS was built for 21 model years there were not that many years that you could buy a factory convertible, a manual , a late 6.0L or AJ16 version, a TRW etc. so even though you will not get rich owning a limited variant of the XJS chances are you likely will retain a good amount of your investment if you were to find one now at today's prices in the U.S.
My goal when I bought my first and second XJS was to have something that was special, seldom seen if ever in my area and a true work of art for a great value that I felt would retain most of my investment over a 15 year or so ownership period. What I did not factor in was the enjoyment factor of driving a fantastic drivers car. I am driving a exotic limited produced vehicle that looks like nothing else on the road and yet is very reliable, silky smooth and turns heads wherever I go in it.
I often have to pinch myself when I think about what I paid for my two XJS' compared to what someone has into restoring even a first generation Camaro. I have parked next to many a restored car that I know for a fact the owner has well over $50K into their car and my XJS' get as much or more attention so to me the XJS is a great value even at today's prices.
Simple supply and demand ratios but pristine low mileage 6.0L and 4.0L late model examples are getting harder to find so over time even in the U.S. we will see pricing start to reflect what most of Europe and Australia have already witnessed. Even though the XJS was built for 21 model years there were not that many years that you could buy a factory convertible, a manual , a late 6.0L or AJ16 version, a TRW etc. so even though you will not get rich owning a limited variant of the XJS chances are you likely will retain a good amount of your investment if you were to find one now at today's prices in the U.S.
My goal when I bought my first and second XJS was to have something that was special, seldom seen if ever in my area and a true work of art for a great value that I felt would retain most of my investment over a 15 year or so ownership period. What I did not factor in was the enjoyment factor of driving a fantastic drivers car. I am driving a exotic limited produced vehicle that looks like nothing else on the road and yet is very reliable, silky smooth and turns heads wherever I go in it.
I often have to pinch myself when I think about what I paid for my two XJS' compared to what someone has into restoring even a first generation Camaro. I have parked next to many a restored car that I know for a fact the owner has well over $50K into their car and my XJS' get as much or more attention so to me the XJS is a great value even at today's prices.
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orangeblossom (04-16-2019)
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Some Day, Some Day (04-16-2019)
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#8
Do you think it has something to do with most of the US cars being rust free? or shall I say, potentially rust free especially from the dryer states. Almost every person or article about a restored car from the UK has had to battle an insane amount of rust. Some examples I would not even attempt to spend any money on, let alone the effort. Here in the US, if there is even a hint of rust on any car you are looking for on the web, you just keep scrolling till a good one pops up at the right price. More rust free choices here is what I mean and maybe that is a premium to a UK buyer.
Last edited by carsnplanes; 04-16-2019 at 05:26 AM.
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orangeblossom (04-16-2019)
#9
No mileage given, so does "new showroom condition" mean it never actually sold? How old are those tyres, and all the rubber and so on inside? No, wait, I found the right photo. Just under 7,000 miles. So yeah, pretty much never driven. That has to be the cleanest engine bay I've ever seen. Probably cleaner than new.
But this raises an eyebrow: "Colour coded headlamp surrounds, colour coded grill, colour coded wing mirrors"
Uh, the headlamp surrounds and wing mirrors are clearly chromed....
But this raises an eyebrow: "Colour coded headlamp surrounds, colour coded grill, colour coded wing mirrors"
Uh, the headlamp surrounds and wing mirrors are clearly chromed....
#10
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#11
No mileage given, so does "new showroom condition" mean it never actually sold? How old are those tyres, and all the rubber and so on inside? No, wait, I found the right photo. Just under 7,000 miles. So yeah, pretty much never driven. That has to be the cleanest engine bay I've ever seen. Probably cleaner than new.
But this raises an eyebrow: "Colour coded headlamp surrounds, colour coded grill, colour coded wing mirrors"
Uh, the headlamp surrounds and wing mirrors are clearly chromed....
But this raises an eyebrow: "Colour coded headlamp surrounds, colour coded grill, colour coded wing mirrors"
Uh, the headlamp surrounds and wing mirrors are clearly chromed....
#12
Isn't the analoge clock for non-trip computer cars?
Last edited by bladerunner919; 04-16-2019 at 07:39 AM.
#13
The analogue clock replaces the trip computer. Based on photos I've seen, it's also found on some post-facelift models towards the end of the run, but I think (think) they're for the straight-six, not the slightly higher-spec V12. Along with cruise control, which I believe was also an option, based on seeing interiors of cars with a Jag-head blank switch plugging that control hole.
#14
#15
My new garage queen toy with 60K miles. Its a 1995 xj6 ,6 cylinders. I purchased two weeks ago. Perfect paint with one (yes one) 1 inch scratch of rear bumper. I was going to flip it but I decided to keep in for a while and see the "speculative rising"
by https://www.flickr.com/photos/155296361@N02/, on Flickr
#17
#18
I know that some US members say that they are not seeing the increase in XJS values that the rest of the world seems to be experiencing.
But today, I saw a new peak. An independent dealer in the UK who imports a lot of LHD cars from the US has a 1994 LHD 6.0 convertible with only 6k miles on their website. Asking price? The equivalent of $111,000!!
So. maybe the answer is for US owners of nice examples to phone them up and offer them your car!
Paul
But today, I saw a new peak. An independent dealer in the UK who imports a lot of LHD cars from the US has a 1994 LHD 6.0 convertible with only 6k miles on their website. Asking price? The equivalent of $111,000!!
So. maybe the answer is for US owners of nice examples to phone them up and offer them your car!
Paul
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Gunner77 (04-18-2019)
#19
Join Date: Jul 2010
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what about a car that was special built in England by Aston Martin in early 80s off the record , after hours! prototype Cabreiolet, folding top? RHD?
during that time period A/M was in financial problems ,just before Ford aquired both A/M and Jaguar!
ron
during that time period A/M was in financial problems ,just before Ford aquired both A/M and Jaguar!
ron
Last edited by ronbros; 04-17-2019 at 04:10 PM.
#20