The X150 as a future Classic and/or Collectible?
#41
You have to be able to see what the average dummy cant.
Many times an entire generation wont get something and the subsequent generation will.
#42
I don't think anyone can predict future collectibility anymore than they can the stock market. There will always be "blue chips" out there such as Ferrari, Porsche, and Corvette that will do nicely. But picking up Amazon, Apple, Walmart, Jaguar E Type, Plymouth Superbird, 356 Porsche, or an AMC 401 Gremlin at the right time is hard to forecast. I will stick with the stocks for investments. They take up less space and I won't have to worry about the ugliness from a Gremlin wearing off onto my other cars.
#43
Many factors determine whether something will become collectible. In the art world, unique visual and emotional impact of the subject matter and the evolution of the artist's style and medium are significant factors in determining collectablity. I believe that the Jaguar E-Type was the first automobile displayed at the Museum of Modern Art in NYC. Of course, there were many fabulous car designs long before then that have become collectible. But MOMA put the XKE on a pedestal and it's DNA is clearly recognizable in the X150. That's a + in the"future collectable? " column. Only time will tell if it can overcome the technical barriers discussed above and increase in value.
Whether it becomes collectible is irrelevant to me because it's gorgeous inside and out and still great fun drive. And it's cheaper than a psychiatrist!
Whether it becomes collectible is irrelevant to me because it's gorgeous inside and out and still great fun drive. And it's cheaper than a psychiatrist!
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Queen and Country (09-09-2017)
#44
#46
[QUOTE=Stuart S;1756109]Many factors determine whether something will become collectible. In the art world, unique visual and emotional impact of the subject matter and the evolution of the artist's style and medium are significant factors in determining collectablity. I believe that the Jaguar E-Type was the first automobile displayed at the Museum of Modern Art in NYC. Of course, there were many fabulous car designs long before then that have become collectible. But MOMA put the XKE on a pedestal and it's DNA is clearly recognizable in the X150. That's a + in the"future collectable? " column. Only time will tell if it can overcome the technical barriers discussed above and increase in value.
I've been watching the XKE market as my wife's aunt has her deceased son's 1967 XKE convert as a garage queen. At the present time series 1 E type converts are anywhere from $100-$200K . If you find a 61 flat floor you are above the $250K mark. Series 2 , 3 and V12's are around $100K and the coupes both 2 seat and 2+2 are in the $50-$75K range. I assume the market will continue to increase value as we go out another 10-20 years but if I look at the X150 world I doubt if it will improve until after 25 years from the last model year . Time will tell but I won't be here to see the growth. So drive em if you got em.
I've been watching the XKE market as my wife's aunt has her deceased son's 1967 XKE convert as a garage queen. At the present time series 1 E type converts are anywhere from $100-$200K . If you find a 61 flat floor you are above the $250K mark. Series 2 , 3 and V12's are around $100K and the coupes both 2 seat and 2+2 are in the $50-$75K range. I assume the market will continue to increase value as we go out another 10-20 years but if I look at the X150 world I doubt if it will improve until after 25 years from the last model year . Time will tell but I won't be here to see the growth. So drive em if you got em.
#47
[QUOTE=jagtoes;1756127]Not too long ago about the only way you could actually sell an E Type was if you put a small block V8 in it first.
#48
A massive market has developed in the past few years of investing incars, because its so easy and the risk is non-existent. People are buying cars that they never see or drive, goes into storage and the value quadruples.
But the bigger bonus is that they get an admission to the best parties around the world.
Its become such a large industry that secondary industries have evolved; such as luxury garages where they drive your car once a week and park it.
The McLaren is a great example of how a subsequent generation appreciates a car far more. deadspin-quote-carrot-aligned-w-bgr-2<\/title><path d="M10,3.5l3-3,3,3Z" style="fill:%23fff;stroke:%23fff"/><path d="M0,3.5H10l3-3,3,3H26" style="fill:none;stroke:%231b3a4d"/><\/svg>')}.f_branding_on.blog-group-deadspin .editor-inner.post-content .pu
But the bigger bonus is that they get an admission to the best parties around the world.
Its become such a large industry that secondary industries have evolved; such as luxury garages where they drive your car once a week and park it.
The McLaren is a great example of how a subsequent generation appreciates a car far more. deadspin-quote-carrot-aligned-w-bgr-2<\/title><path d="M10,3.5l3-3,3,3Z" style="fill:%23fff;stroke:%23fff"/><path d="M0,3.5H10l3-3,3,3H26" style="fill:none;stroke:%231b3a4d"/><\/svg>')}.f_branding_on.blog-group-deadspin .editor-inner.post-content .pu
#49
The thing that makes the 5.0XKR a car that will most certainly keep up with inflation- i.e you can get your money back and more. This has already happened with many lesser cars like the supra (also considered a dog when it came out) is that most people I know, even guys who own the 4,2 are unaware of how much more power the XKR is in totality. Or even how reliable. Its an entry level supercar. When more realize both of that, which will only be when Jaguar reestablishes itself with more cars for the youth- it will command the prices it is selling for now. So you will essentially drive it for free for a decade or so.
#50
Cars are very risky investment. Boomers going to age out of driving and start dying off. Who do you think going to buy all these cars? Certainly not millennials.
#51
It would be unfair if everyone won.
Cars are one the safest investment- if they werent the values would never rise.
What you are saying is exactly the mentality that allows the bold to prosper.
You wont find one investment grade car that lost money, unlike gold.
Who will buy these cars? There are new countries and generations coming 'of age' all the time. Rolls Royce and Ferrari would never have dreamt in a month of sunday's that China would become their largest market.
#52
The thing that makes the 5.0XKR a car that will most certainly keep up with inflation- i.e you can get your money back and more. This has already happened with many lesser cars like the supra (also considered a dog when it came out) is that most people I know, even guys who own the 4,2 are unaware of how much more power the XKR is in totality. Or even how reliable. Its an entry level supercar. When more realize both of that, which will only be when Jaguar reestablishes itself with more cars for the youth- it will command the prices it is selling for now. So you will essentially drive it for free for a decade or so.
If you are buying a car to make money in the future, buy a Vette. They ALL appreciate. Even the really crappy ones. If you are buying a car because you like it and want to drive it, buy whatever you want!
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SinF (09-08-2017)
#53
You wont find one investment grade car that lost money, unlike gold.
Who will buy these cars? There are new countries and generations coming 'of age' all the time. Rolls Royce and Ferrari would never have dreamt in a month of sunday's that China would become their largest market.
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davchr (09-08-2017)
#54
Until they don't appreciate. I expect Vette appreciation is closely tied to fortunes of Baby Boomer generation. They all want to be James Dean.
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davchr (09-08-2017)
#55
Just because values rise does NOT in any way make it a safe investment. Look at oil, real estate in 2006, and Gateway Computer stock.
What is your idea of an "investment grade car" that won't lose money?
- One off Ferrari's from the '50s. Sure.
- Ferrari 250 GTO. Absolutely
- Ferrari 288 GTO. Sure
- Ferrari 599 GTO. TBD
- L88 Corvette. Sure.
- 426 Hemi Challenger convertible. Sure.
- XJ220 Jaguar. Sorry. Your $850K investment in 1992 might be worth $300K today.
Why would you think a production car, like the XKR, made in tens of thousands would do better than a rare true supercar such as the XJ220?
#56
But I like owning and driving Jags. I need a car and they are nice cars. I have no expectation of making money on them. My E Types have been nice surprises.
Last edited by davchr; 09-08-2017 at 03:38 PM.
#57
#58
#59
Join Date: Jan 2015
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Driving along the highway one day, I spot my 'dream car' a 1970 Superbird, sitting in a driveway with a $5000 'for sale' sign on it. Way beyond my reach at that time, the car I was driving was worth less than $1000.
Fast forward almost 40 years now, with a good career, and those damn Superbirds ($300,000+) are still beyond my reach!
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Cee Jay (09-08-2017)
#60
I thin any year cars is valuable to those who lusted after it during school age. I was very big into the early 90's 5.0 scene and watched their value go up and then plummet as the newer 5.0's came out which did everything the old ones did, just better and more elegantly. I don't know if something similar will happen to the X150's. I think they'll still be relevant 20 years out. Beyond that who knows.