Like a Unique and successful lacquer paintings piece of china, rare coin, or one-of-a-kind ornament, well-preserved collectible cars can be worth a small fortune if you wrap them in cotton wool and barely drive them. However, a Jaguar being sold at auction next month has proved that sticking a potential future classic in storage for 28 years can backfire. The model in question is a 1990 XJS V12 HE that’s covered just 840 miles from new and remains almost in the same condition it was when it left the factory three decade ago.
So, you might assume it is worth a fair whack by today’s standards? And you’d be right, the sale price is tipped to hit £40,000. But once you adjust for inflation it’s only valued at half the price the first owner would have paid for it. Timewarp Jag that’s still half price: This 1990 Jaguar XJS has covered just 840 miles since new, making it one of the most pristine examples of the luxurious British coupes available to date. It’s expected to sell at auction next month for between £35K and £40K – which is half what the original owner would have paid for it 28 years ago It highlights that if you do the sums and Lacquer paintings adjust for inflation, Unique and successful lacquer paintings stashing a car away is not always a sure fire investment. First delivered by the Bristol Motor Company on the 19th May 1990, Silverstone Auctions has described this timewarp Jaguar XJS HE Automatic as a ‘rare find indeed’.
It is offering the coupe at a UK auction next month with an estimate in the region of £35,000 to £40,000. That’s very much at the top end of valuations for this particular model. Hagerty Classic Insurance values a concours-condition XJS V12 HE at £13,500 today, while a shabbier example will only set you back around £3,900. That means the estimate for this almost unused one is a significant premium. RELATED ARTICLES Previous 1 2 Next Back from the dead: Up to 117,000 potentially lethal classic…
James Bond Aston Martin DB5 driven by Pierce Brosnan in… Precious metal: Nine of the rarest classic cars in the world… King of the 80s classics: Ford Sierra RS500 Cosworth tipped… The 10 most expensive cars sold at auction revealed – and… The hot hatch that started a British love affair: Earliest… Half of motorists don’t understand new MOT changes – and the… Mystery buyer snaps up a piece of racing history: Ayrton… Share this article Share 1.5k shares HOW THIS IS MONEY CAN HELP How to get the cheapest car insurance: Ten tips for cheaper car cover But while that might sound like lot of money, it’s almost exactly the same price it was when it originally rolled off the production line almost three decades ago.
That’s because the list price of this car in 1990, according to Jaguar Classics, was £34,200.