Looks nice (wheels excepted IMO). Wondering why asking $40k having spent $75k on it though....

 

I was a day late with an offer to get one of those when I was looking. Some very nice ones out there.

 

You rarely get back the money you spend unless you hit a market sweet spot/timing. I guess you can ask what you like , you never know you might get lucky :-) I imagine the guy that paid for the refurb on your S3 paid a lot more than the asking in money of day.

 

I agree that at one time or another Steve we've all done some dough on over-capitalised rebuilds/refurbs, but in this case I simply thought that the car as described would pull better than $40k given the market for upper end Mk2's. But then I ain't remotely close to being an expert!!

The difference with a CJ Series III rebuild like mine which created an "as new" car re-selling for circa $40-50k in the very early 2000's, is that they would henceforth depreciate like most other cars. As we know, in any condition SIII's don't (and may never) carry the same investment potential as Mk2's.

 

The Mk 2 looks pretty much like a race car set up guys.

As I always say " Buy someone else's project"

God knows , I've sold a few of mine that people have benefited from

 

You were the closest Ken, but even you were pessimistic. It got $69k.

 

That's great news. Did sound like a very nice example though.
There was a Burgandy 3,8 manual on gumtree for $29K earlier this week. Just looked to post a link but its gone.
Thought it seemed cheap. Or maybe he decided to go to auction.

 

Maybe it's not what it seems. The add came back.
1963 Jaguar MK II Sedan | Cars, Vans & Utes | Gumtree Australia Stirling Area - Osborne Park | 1112419032