Will our XJS be valuable in years to come?
#141
I don’t need to worry about value. Mine is a race car ( tribute to Group 44) My concern is speed. Can I beat the Big Block Corvettes? Will the XKE’s beat me?
Life is too short to worry about a spread sheet. Totaling a column of numbers isn’t what I would call a thrilling weekend hobby. Not too sure what pleasure the wife will get from checking out the balance sheet. I know she’ll enjoy the social aspects of a Vintage race weekend. Nice meals, antique shopping, socializing with women who’s husbands have the same hobby. Pretty cars, some period clothing.
Life is too short to worry about a spread sheet. Totaling a column of numbers isn’t what I would call a thrilling weekend hobby. Not too sure what pleasure the wife will get from checking out the balance sheet. I know she’ll enjoy the social aspects of a Vintage race weekend. Nice meals, antique shopping, socializing with women who’s husbands have the same hobby. Pretty cars, some period clothing.
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Jim5_0 (11-04-2023)
#143
Bottom line is that these wonderful things can only be more valuable as time goes on because the weak will die and the good examples will live on. They will get rarer and people of a certain age will want one because they represent something that cannot be found in "newer" cars ... this has been happening for decades. I have in-laws with US and Australian "muscle cars" that are going nuts regarding prices. All about nostalgia. There are generations of car nuts who love the mystic of the XJS and think it has aged well. I bought my 87 XJS-C six years ago and could easily get 4 times what I paid for it. But what can I buy then that would give me the same thrill?
#145
I like to say that the XJS is the cheapest Bathurst winning coupe that you can buy. Sure you might get a Fox Mustang or a Sierra cheaper but they were more hatchback than Coupe. Torana indeed was a hatch too but had more of a coupe side profile.
So true and the reality is these often overpriced cars drive like ****. Just sold my Valiant for a tidy sum because I was not using it. I replaced it with a 1992 V8 LTD which have not gone silly in prices yet, drives very nicely and is eligible for historic rego in 2 months time.
Something to enjoy while I tinker with the XJ-S. Its value has undoubtedly increased in the 8 years I have owned it. Rust free Pre HE's are not common.
So true and the reality is these often overpriced cars drive like ****. Just sold my Valiant for a tidy sum because I was not using it. I replaced it with a 1992 V8 LTD which have not gone silly in prices yet, drives very nicely and is eligible for historic rego in 2 months time.
Something to enjoy while I tinker with the XJ-S. Its value has undoubtedly increased in the 8 years I have owned it. Rust free Pre HE's are not common.
Last edited by Jim5_0; 10-29-2021 at 04:17 AM.
#146
The XJS will CERTAINLY go up in value. Of course that only applies to the nicer examples. Time has a way of rewarding things that are rare, even if they weren't at one time desirable. The XJS represents a true analog yet contemporary driving experience - it's a unique period in time that some older models that were produced for long spans inhabit. Cars like the XJS, Alfa Spider, Porsche 911 (air cooled)... these cars were developed in the 1960s-70s and then produced and refined for decades. So they drive like a more vintage car, with some modern conveniences but not over the top like cars of today. These cars were also largely built by hand.. with all the good and bad that represents. The industry has moved well past that point.. and something has been lost along the way.
That "something" can never be made again. It's a lost treasure. That's the value proposition right there.
That in itself is very hard to find and worth something to folks like us. Drive a newer car back to back with an XJS, and you'll know what I'm talking about.
Even though these cars aren't made to the same standards or quality as newer vehicles - that's entirely the point.
Things that can't - and won't - ever be made again are destined to appreciate.
But that shouldn't stop anyone from driving and enjoying their classic every day. If you want an investment, buy stocks or real estate. If you want to enjoy a hobby that may indeed one day reward you by not costing you any money, then classic cars are for you.
That "something" can never be made again. It's a lost treasure. That's the value proposition right there.
That in itself is very hard to find and worth something to folks like us. Drive a newer car back to back with an XJS, and you'll know what I'm talking about.
Even though these cars aren't made to the same standards or quality as newer vehicles - that's entirely the point.
Things that can't - and won't - ever be made again are destined to appreciate.
But that shouldn't stop anyone from driving and enjoying their classic every day. If you want an investment, buy stocks or real estate. If you want to enjoy a hobby that may indeed one day reward you by not costing you any money, then classic cars are for you.
#148
#150
My last racing Jaguar I sold during the depth of the 2008 recession and got well over $50,000. Now that had a long successful vintage racing history. But earlier offers were well in excess of $200,000
I’m there on the pole next to me is David Love’s Ferrari Testa Rossa behind him is the 1956 LeMans Winning D type
I’m there on the pole next to me is David Love’s Ferrari Testa Rossa behind him is the 1956 LeMans Winning D type
#152
Except I’m building another Jaguar race car as we speak. A tribute to Group 44. That’s my 4th Jaguar race car. They make wonderfully durable and inexpensive cars to race. Plus they tend to be fast enough to win, which is always fun.
There are people who like to restore cars to original. There are those who get pleasure out of changing them to their preference. ( good for you ) Then there are a few people who see their real speed potential. What they really excel at. Remarkably with Vintage racing the rules are fixed so there isn’t a constant need to go faster and faster, driving the cost of racing too high for a paycheck guy.
There are people who like to restore cars to original. There are those who get pleasure out of changing them to their preference. ( good for you ) Then there are a few people who see their real speed potential. What they really excel at. Remarkably with Vintage racing the rules are fixed so there isn’t a constant need to go faster and faster, driving the cost of racing too high for a paycheck guy.
Last edited by Mguar; 11-03-2021 at 07:50 AM.
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Mkii250 (11-04-2021)
#153
Join Date: Jul 2010
Location: Austin tx and Daytona FL.
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Tullius a great racer guy! Grp44.
the last time he raced a car at Daytona ,an IMSA car, his hauler driver came by my shop in Daytona, and unloaded it for pictures , he started it up,the whole neigborhood came out to see it!
you are correct , a paycheck race car,(sad to say), will almost never be of high value!
the last time he raced a car at Daytona ,an IMSA car, his hauler driver came by my shop in Daytona, and unloaded it for pictures , he started it up,the whole neigborhood came out to see it!
you are correct , a paycheck race car,(sad to say), will almost never be of high value!
#154
The value of a car like that depends on 3 things.
First the quality it is prepared at,
Second it’s competitive record.
Third it’s rarity or uniqueness.
Camaro’s, Mustangs etc. are towards the bottom of SVRA’s group 6 value. There are plenty of those around. Corvettes fall into two groups. Big block and small block with big Block worth a premium over the small block. Then we have Jaguars. XKE’s are at the top of the group with roadsters ahead of the coupe due to a smaller frontal area. Followed by the XJS due to roughly twice as many available as XKE’s.
First the quality it is prepared at,
Second it’s competitive record.
Third it’s rarity or uniqueness.
Camaro’s, Mustangs etc. are towards the bottom of SVRA’s group 6 value. There are plenty of those around. Corvettes fall into two groups. Big block and small block with big Block worth a premium over the small block. Then we have Jaguars. XKE’s are at the top of the group with roadsters ahead of the coupe due to a smaller frontal area. Followed by the XJS due to roughly twice as many available as XKE’s.
#156
O B..
After sitting back considering your reply, I have both a logical and viseral reaction. To be transparent, I have owned a 92/93 XJS 4.convertible for 15+ years. It currently shows 212K odometer. That said...
1. My car regularly gives 20+mpg combined. It has been used as a daily driver all these years. Admittedly, the V12 cars are not known for either good MPG and manageable maintenance. It is, afterall, a V12! Come on.
2. I take issue with the term "cult car". Under what definition, either academic or cultural, does "cult" apply to a car. If ever that term would apply to a Jaguar model, I would offer the E-Type. In every respect of the care and feeding of a car, it qualifies. How many E-Type owners use their car as a daily driver?
As with any object of enjoyment or participation, isn't the point just that...enjoyment or participation? Drive the damn car! My lifelong thought while owning/repairing/racing or just admiring has, and will continue to be, just this... When I open the garage what I see should make me smile for what it is, not what it is worth, regardless of marque.
Dave in AZ
After sitting back considering your reply, I have both a logical and viseral reaction. To be transparent, I have owned a 92/93 XJS 4.convertible for 15+ years. It currently shows 212K odometer. That said...
1. My car regularly gives 20+mpg combined. It has been used as a daily driver all these years. Admittedly, the V12 cars are not known for either good MPG and manageable maintenance. It is, afterall, a V12! Come on.
2. I take issue with the term "cult car". Under what definition, either academic or cultural, does "cult" apply to a car. If ever that term would apply to a Jaguar model, I would offer the E-Type. In every respect of the care and feeding of a car, it qualifies. How many E-Type owners use their car as a daily driver?
As with any object of enjoyment or participation, isn't the point just that...enjoyment or participation? Drive the damn car! My lifelong thought while owning/repairing/racing or just admiring has, and will continue to be, just this... When I open the garage what I see should make me smile for what it is, not what it is worth, regardless of marque.
Dave in AZ
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#157
Hmmm. I have been told that the Jag XJS is "High Maintenance".
So is my wife and I think she is worth more than I can imagine.
I have the same opinion of her 94 XJS 2+2.
And I work very hard at keeping them both around.
How lucky can a guy get to have 2 beautiful treasures in their life !
So is my wife and I think she is worth more than I can imagine.
I have the same opinion of her 94 XJS 2+2.
And I work very hard at keeping them both around.
How lucky can a guy get to have 2 beautiful treasures in their life !
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rickr (11-03-2023)
#158
O B..
After sitting back considering your reply, I have both a logical and viseral reaction. To be transparent, I have owned a 92/93 XJS 4.convertible for 15+ years. It currently shows 212K odometer. That said...
1. My car regularly gives 20+mpg combined. It has been used as a daily driver all these years. Admittedly, the V12 cars are not known for either good MPG and manageable maintenance. It is, afterall, a V12! Come on.
2. I take issue with the term "cult car". Under what definition, either academic or cultural, does "cult" apply to a car. If ever that term would apply to a Jaguar model, I would offer the E-Type. In every respect of the care and feeding of a car, it qualifies. How many E-Type owners use their car as a daily driver?
As with any object of enjoyment or participation, isn't the point just that...enjoyment or participation? Drive the damn car! My lifelong thought while owning/repairing/racing or just admiring has, and will continue to be, just this... When I open the garage what I see should make me smile for what it is, not what it is worth, regardless of marque.
Dave in AZ
After sitting back considering your reply, I have both a logical and viseral reaction. To be transparent, I have owned a 92/93 XJS 4.convertible for 15+ years. It currently shows 212K odometer. That said...
1. My car regularly gives 20+mpg combined. It has been used as a daily driver all these years. Admittedly, the V12 cars are not known for either good MPG and manageable maintenance. It is, afterall, a V12! Come on.
2. I take issue with the term "cult car". Under what definition, either academic or cultural, does "cult" apply to a car. If ever that term would apply to a Jaguar model, I would offer the E-Type. In every respect of the care and feeding of a car, it qualifies. How many E-Type owners use their car as a daily driver?
As with any object of enjoyment or participation, isn't the point just that...enjoyment or participation? Drive the damn car! My lifelong thought while owning/repairing/racing or just admiring has, and will continue to be, just this... When I open the garage what I see should make me smile for what it is, not what it is worth, regardless of marque.
Dave in AZ
But if you’ve kept up the service work and regularly drive the car. Owning a V12 is not high maintenance. I see countless engines rebuilt that really don’t need it. I think more because either mechanics want a nice paycheck or the owner wants to open it up and see. Typically the required work is little more than replacing a rubber hose or electrical connection. .
Well yes interior work occasionally comes in but tends to be much simpler. But no more so than a Cadillac/ Buick or any other luxury car of the era.
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Jim5_0 (11-04-2023)
#159
#160
Rex
What a beautiful car, and it is an absolute bargain at that price. If I were 20 years younger... Where else have you listed it?
I am not surprised it has had no takers from the forum as the marketplace is incredibly hard to navigate (as I have just found out prompted by your post) so probably few have seen the ad!
What a beautiful car, and it is an absolute bargain at that price. If I were 20 years younger... Where else have you listed it?
I am not surprised it has had no takers from the forum as the marketplace is incredibly hard to navigate (as I have just found out prompted by your post) so probably few have seen the ad!
Last edited by Greg in France; 11-04-2023 at 02:49 PM.