E type ( XK-E ) 1961 - 1975

Thinking about buying this 1967 2+2, Not sure on value

Old Feb 4, 2016 | 12:17 PM
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Default Thinking about buying this 1967 2+2, Not sure on value

2nd owner had about 15 years, big collector of mostly 40's and 50's cars. He's got about 20 that I've seen and I'm sure there's much more. The car looks amazing, no visible rust, unrestored and all original with around 10k miles. I have not driven yet but it's supposed to run and drive great. He wants $40k which seems way high. A few dealers said they would pay around $25k at the most.












 
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Old Feb 4, 2016 | 03:24 PM
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Try Hagerty Valuation tools. For cars I know well, I have found them to be very accurate. Perhaps you might consider paying for a professional appraisal. Just my 2 cents worth and I am sure there are many more experienced folks on this forum who will eventually chime in (and ask you why you would want a 2+2).
 
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Old Feb 4, 2016 | 04:49 PM
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Originally Posted by 64vette
Try Hagerty Valuation tools. For cars I know well, I have found them to be very accurate. Perhaps you might consider paying for a professional appraisal. Just my 2 cents worth and I am sure there are many more experienced folks on this forum who will eventually chime in (and ask you why you would want a 2+2).
I wasn't looking for an E-type, this one fell in my lap. The fact that's it red on black with a 4 speed is nice. I like that it's original and unrestored. I've owned 3 XKR's and I like the extra space. If I can get it for the right price it will be more affordable than a coupe or roadster.
 
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Old Feb 4, 2016 | 05:03 PM
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I wouldn't buy it without seeing (or seeing photographs) of the floors near the b-pillars. My dad played with his e-type (now mine) for 15 years never realizing the floors were like swiss cheese. Then I'd get a $25 boroscope from Amazon like this and have it run thru the sills and behind the headlights in the bonnet. I'd also have an inspector run a coating thickness gauge on it. People do amazing things with bondo.

A 2+2 will also be less valuable than the equivalent FHC which will also be less valuable than the equivalent OTS. That means if you buy a $30k car and it needs major repairs, with a 2+2 you're upside down a lot faster because it costs the same to restore a 2+2, a FHC and an OTS. So IMO it pays to be more thorough up front with the 2+2s because you have less cushion. A new bonnet is $10k for example.

Good luck and let us know what you do.

Jim
 
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Old Feb 4, 2016 | 06:38 PM
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Originally Posted by vrracing
I wouldn't buy it without seeing (or seeing photographs) of the floors near the b-pillars. My dad played with his e-type (now mine) for 15 years never realizing the floors were like swiss cheese. Then I'd get a $25 boroscope from Amazon like this and have it run thru the sills and behind the headlights in the bonnet. I'd also have an inspector run a coating thickness gauge on it. People do amazing things with bondo.

A 2+2 will also be less valuable than the equivalent FHC which will also be less valuable than the equivalent OTS. That means if you buy a $30k car and it needs major repairs, with a 2+2 you're upside down a lot faster because it costs the same to restore a 2+2, a FHC and an OTS. So IMO it pays to be more thorough up front with the 2+2s because you have less cushion. A new bonnet is $10k for example.

Good luck and let us know what you do.

Jim
Thanks for the suggestions. I'd only buy it if it is as good as it looks and doesn't need anything.
 

Last edited by David's XKR; Feb 4, 2016 at 06:59 PM.
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Old Feb 4, 2016 | 09:46 PM
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Hagerty retail value for a "good" 67 2+2 is 43 G. So, if it drives well, has little rust, no other issues mechanically, then the owner is in the ball park. Two years ago it would have been in the 25 G range... but times have changed. Who knows where they will be in two more years (up or down)
 
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Old Feb 7, 2016 | 11:17 AM
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Also is it numbers matching for value as well
 
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Old Apr 10, 2016 | 12:25 AM
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It seems as though this could be a good car for you based on your desire for additional space as well as your looking to keep the $'s low..no? I would be interested in the varnish content in the carbs and or tank. You say the car hasn't moved for quite some time too. How do we know the kidikin clamp (under the dash on center drive cars) is still good? Lastly, please make sure you can find the "+" somewhere below the shift tunnel door hinge. It's not a true 2+2 unless that "+" is listed in the proper place.

Good Luck!
 
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Old Apr 10, 2016 | 09:39 PM
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And here's how the story ended.

One of the dealers that I called to try and determine a value called me back and wanted to buy it. He flew in and bought it for $40k. He said that was the most he had ever paid for a 2+2 and it was because of the condition, originality and low miles.
 
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