Like the question says. I bought an XK8 about 8 years ago and the price has went up if I sell it now I can make an 6-8k profit giving the way the economy is right now.

 

These cars have remained appealing for 26 years so there’s no doubt they will make classic status and become collectible. However, how high the peak values become is a highly debatable subject. Future values are dependent on desirability plus availability and lots of variables can affect this. No-one can predict how times will change. There are Pro’s and Con’s and here are some thought starters:-

Favorable factors:- Universally admired design. Strong performance. Luxury interior. Branding DNA. Spares availability.

Unfavorable factors:- CO2 Emissions/tightening Regulations. Availability -Production numbers (how many left?).

Personally, I don’t think the e-type values will be mirrored – but what the hell do I know?

To put you in perspective, my neighbor recently spent £35k at an auction for a Ford Capri. They weren't great performers and nearly 2 million of them were made !

 

not a collectible in the same strata as the e- type.

I’ve owned two e- types. A ‘67 and a ‘70. Both were purchased about 10 years after they were new, and still cost more at that point in time than they did when they left the showroom floor.

An icon from the beginning, the e-type was assured collectibility. The X-100’s are more of a nod to the e-type design than they are representative of anything new and groundbreaking.

The X-100’s are great drivers and do have some collectibility, but that’s it.

Prom night date, yes. Movie Star, no.

Z

 

Good analogy. Agree they won't be E level collectibles. Too many made, they don't have the "exclusivity". It's also supply and demand. Hard to see one as a desirable classic when they are still for sale at low prices on Craig's. However, recent sold prices on Bring A Trailer have started to climb. A 2000 w/ 34k (turn key, all issues dealt with) sold for 22.5. Out here, in Monterey, CA a very nice one owner burgundy 03 (22k miles) sold immediately for 25. I've kept in touch w/ a Naples FL dealer that specializes in classics. He recently sold a nice 06 (Seafrost) for 22k. I own one (two actually) because I like the car. If it becomes a minor classic, great but it's icing on the cake.

 

As far as current XK8 / XKR prices are concerned another think to consider is the weird inflationary period we are having worldwide. Lots of things are contributing to it, with a couple of the significant ones being the war / instability, along with the Covid related shortages of materials and labor.


I read somewhere that used car prices were among the leaders of all inflationary indicators. A rising tide does raise all ships, as the saying goes.

Z

 

Probably after my XJS starts being worth something! Seriously though, they are great cars. Enjoy them, if rising values overtake them, so much the better.

 

In UK you can get a coupe for $2500 and a convertible for about $5000 but they are a long way off being a showroom collectable
To stayinthejag ....Northeast where? ....Africa ? NE England ? Makes it so much easier to answer questions.

 

There's quite a contrast in prices in Australia when compared to the UK and the USA.
Here, prices for the earliest XK8 start from the low $30,000 (£17000 or $21,000 USD). This can go into the 50s for a very clean, low mileage cars. This may be due to their relative rareness in Oz when compared to the northern hemisphere.
One factor here that may increase their value in a couple of decades is that most cars here are rust free. My 98 XK8 literally has no rust! It wouldn't be out of the question to export these rust free examples back to the UK when all the XK8s there rust away to nothing.

 

PK - I'd add poor reputation to the unfavorable column. Even non car people bring up AAA membership, need a spare car, etc if I mention the brand. We're lucky because it's kept the prices down. Production numbers is an interesting question. How many are parked in storage?
Redjags - when I sold my TR4 years ago, buyer had it shipped to Australia. CA cars command a premium price elsewhere in the US. Interesting that it's even higher in some other countries.
Rivguy - agree they're great cars. I've owned many cars but my XK8 is top of the list.

 

Yes possibly, but there are times when a much worse reputation is ignored. The Porsche 928, for example, had a load of early reliability issues and it's reputation suffered. Most problems were solved and now, decades later, it's values are getting high.
I think ultimately, that strong desirability will outweigh any negatives.

 

this is why I believe the XK8 / XKR 4.0 cars are real sleepers. The serious known issues have been fixed on many (most ??) of the remaining survivors. Now they are more reliable than ever, and still affordable.

Z

 

Agree w/ Zray on these cars being undervalued. Still bargain priced.
PK - I think that reputation issue will fade w/ time (like the Porsche). For years, we've read about our cars becoming valuable classics. Seems like that's actually starting to happen. Bring A Trailer sold prices on nice examples have gone up noticeably since last year. While there's still a difference between first and second gen prices at local dealers, it's starting to narrow (at least out here) so maybe the 4.0 reputation is becoming less important. Also, in a world of 60k trucks, a attractive classic car that's affordable has real appeal. Whatever the value, it's hard to beat freeway cruising on a sunny day w/ the top down.

 

There are two reasons the XK8 will not mirror E-type price rises
1) The electronics will eventually age and they will become near impossible to repair economically.
2) I own one. That is certain to ensure they will never rise in value in real terms.

 

The lack of a manual transmission will also play a role in keeping the XK8 / XKR values rather modest as time goes by....

 

Agree. Can always look for an Aston Martin DB7 if a manual transmission is on one's wish list. "Slightly" higher price (depending on configuration) than an XK8. It would be interesting to drive a V12/6 speed manual.

 

As soon as you sell it though the prices will skyrocket.

 

I know that the electronics appear to be some kind of magic black boxes using unfathomable tech, but they really aren't - they are pretty simply 1990s electronics with most of the components readily available brand new. Many different Jaguar models used the same modules, so there will be a supply of used parts for a long long time. And if it comes to the point that a module simply isn't repairable or replaceable it isn't going to be beyond the realms of possibility to reverse engineer one using off the shelf microcontrollers. As an example look at some of the work already been done decoding the CAN bus:-

https://www.jaguarforums.com/forum/x...-xk8-r-237704/

My opinion is the supply of petrol will end before the supply of electronics components.

 

Agree simple technology. ECT, ABS, seat module are typical fails/repairs. Am sure there are others. Buy some spares. If I can't rebuild, predict there will still be folks around to do so. it's hard to imagine but Brit car shops will charge even more than they do now.

 

LOL, how much do you want for your '05? Just what I need, another X100. Wait, my wife definitely won't agree. I could be sleeping in it. However, if it means values will rise, let's discuss

 

Some interesting views from participants of this thread.
First the bad news XK8 prices are not likely to rise as I have no intention of selling mine in the immediate future.
Whilst It is possible to re-engineer anything the problem will be the economics of doing so for a niche market low volume production vehicle.
Best enjoy them while they last and we still have fossil fuel.