E type ( XK-E ) 1961 - 1975

Yearly spending

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Old Nov 7, 2012 | 04:56 PM
  #1  
sixxt's Avatar
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Default Yearly spending

Hi all,

I am looking at buying a classic jag, most likely an E-Type, but open to other suggestions. I was just wondering though, whats the average amount of money spent on these cars per year? I dont want to buy one and then be spending wayy more money than i can afford!
Thanks!
 
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Old Jan 17, 2013 | 01:10 AM
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TomP's Avatar
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From: Northern California
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There is no such thing as an average, because you just don't know what is going to occur. I bought my 2nd EType, a S1 3.8 OTS.... the engine was rebuilt and it was a solid driver. Guess what, the guy that rebuilt the engine had no idea what he was doing and it blew in the first year.. so the first year cost my $12k dollars US. Then, while I was in there, why not install a modern 5-speed transmission... there goes another $4.5k. And, since the engine is out, why not soda blast the engine bay and repaint it to perfection... $3k... oh.,.. seems silling to put the suspension back in without nickel plating the A arms and getting new bushings and shocks and... ok another $1k... and so on... Once sorted, I have spent NOTHING but oil changes and filters for several years, but I spent a lot in that FIRS year to get to that point. Tom
 
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