The latest sale by Silverstone Auctions at the Silverstone Classic weekend demonstrated that there’s a ready market for Jaguar E-types, regardless of condition and model. The caveat is that seller expectations need to be well matched to condition. So the excellent Series 2 fixed-head coupé (Jaguar speak for the two-seater) pictured here made £118k with buyer’s premium, while another in driver condition sold for just £39k. In an educated market, buyers are well aware that restoring a condition 2 car is a more expensive route to perfection than buying the best car in the first place.
Prices ranged from £19k for a 1971 S3 2+2 coupé with poor bonnet fit, tired chrome and various paint defects, to £141k for a 1961 Series 1 roadster that really needed re-restoring to meet modern expectations of perfection. Chassis number 62 explained the price.
That all nine cars sold defied the usual principle that offering too much choice kills the sale of the lesser examples as buyers hold out for the best. A hungry market indeed.
Buying advice and market analysis is part of 16 pages of buying information in every issue of Classic Cars magazine, including Quentin Willson’s Smart Buys, Russ Smith’s Market Watch, in-depth buying guides and Ads on Test.
Phil Bell
Editor, Classic Cars magazine
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