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I happened to see that an 89 XJS convertible with low miles sold on 9/18 for $16,500.00 on BAT. Is this an indication that XJS prices are moving up or was it a case of resale red working again?
Truly exceptional examples.....if this car meets that standard...often result in exceptional prices. Personally, I don't think these establish a new price level for the masses, so to speak.
Keep an eye on the merely good-to-excellent cars. I think that's a better indicator.
In Australia, prices seem to be going up. I got in the habit when I was looking for "my" car, and I still search the local internet sites, the prices have jumped since I purchased mine almost 12 months ago
The world is flush with cash and liquidity, and western countries sans the US have negative interest rates. Money flows to real assets. So of course collectible cars are increasing in dollar terms. There is a lot of fluff right now in things like classic cars. Profits are already being taken in the stratospheric collectible cars. For run of the mill collectibles, like older Jags, Benzes, Porsches, prices are lower nominal levels, but going up.
Wait till the next pullback/recession, these will all be down considerably as people will need cash and they become net sellers. Liquidity will have its cost.
BRG that makes sense , at the END of WW2 , nobody wanted old cars, no need for scrape metal, 1947/49!
i seen at a junkyard outside of Boston MASS, a Duesenberg cut up for scrape, that car is a million dollar car TODAY!!
still old junk , which ever way you look at IT!
just different ERAs of life , and i have seen them come and go! got this one for FREE,NO charge or compensations! just remove it from property! or it was going to scrapeyard! ron
The big issues with these cars is condition and the owners perceived condition. I took a chance and bought a 1995 coupe that had great pictures and close ups.
Owner guaranteed me that it was a straight car! Well to an uneducated eye, that could be. When I got it I found no less that 15 small dents that will probably cost 6-700 for a PDR guy to take out.
Also swore it had not been repainted.. Wrong again. Someone tried to clearcoat the bad paint.
So if you pay 15K+ for a really nice car. Its worth the money. The XJS is built like a bank vault compared to say a Camaro of the same year. Worth every nickle if you can get a nice one.
Lesson learned buying sight unseen is a mistake. I should have known better. Fortunately I didn't pay a ton for the car and the interior is relatively good. I can work with it. If you buy one really cheap, there is a reason for that and they are not cheap to fix.
The big issues with these cars is condition and the owners perceived condition. I took a chance and bought a 1995 coupe that had great pictures and close ups.
Owner guaranteed me that it was a straight car! Well to an uneducated eye, that could be. When I got it I found no less that 15 small dents that will probably cost 6-700 for a PDR guy to take out.
Also swore it had not been repainted.. Wrong again. Someone tried to clearcoat the bad paint.
So if you pay 15K+ for a really nice car. Its worth the money. The XJS is built like a bank vault compared to say a Camaro of the same year. Worth every nickle if you can get a nice one.
Lesson learned buying sight unseen is a mistake. I should have known better. Fortunately I didn't pay a ton for the car and the interior is relatively good. I can work with it. If you buy one really cheap, there is a reason for that and they are not cheap to fix.
Personally, if I were to buy ‘sight-unseen’ from the internet I would assume the car is in below average condition no matter what the owner says. I am a strong believer in “trust but verify” motto
I technically brought mine sight unseen. But I did send my brother and one of his mates over to check it out for me (car was over 5000 km's away from me). My brother gave me a overall assessment, his mate (who hates Jags) gave me a really critical assessment of it. So between the two stories, I got a very good description of the car.
Interestingly enough, just before i purchased the car, the owner said to me "that it really isn't that good and it needs a lot of work".
My XJS ticked all the right boxes for me - I did not want a car that was 100%. I wanted a car to restore, to pull apart and put back together and to make it my own.
After 12 months of working on her, I have not done anything that I would not have done if I brought any other 40 year old car, whether that be European, American or Australian.
I might have another 12 months of work to go before she is on the road - but it still makes me smile. She is keeping me sane as i plan what I plan to do the next weekend on her while battling the daily stresses at the work front
The buying price might have been cheap - but she is now priceless to me
$16,500.00 for 89 XJS on BAT
