whats a 4000 mile E type worth?
Discussion
so today i called in at a garage i used to work at to say hi.
I found the boss looking around under a series 3 V12 Etype roadster. it turns out that the car was owned by a chap who lived down the road from him who had sadly dided in an industrial accident. he'd been asked by the wife to get it out and look into selling it.
so some detail.
its red with a black hood and trim and its a man not auto. orignaly regester in, i believe in canada and later reimported and converted to RHD.
totaly orignal and documented history and stored in a carcoon for years with only a shade over 4k on the clock.
any clue where to start with a value?
I found the boss looking around under a series 3 V12 Etype roadster. it turns out that the car was owned by a chap who lived down the road from him who had sadly dided in an industrial accident. he'd been asked by the wife to get it out and look into selling it.
so some detail.
its red with a black hood and trim and its a man not auto. orignaly regester in, i believe in canada and later reimported and converted to RHD.
totaly orignal and documented history and stored in a carcoon for years with only a shade over 4k on the clock.
any clue where to start with a value?
That is a very difficult one - 4k miles and history is great, but LHD-RHD conversion will scare off the beards. Meanwhile, total lack of use and probable expense of fettling will scare off the drivers. IMO best bet would be send it to Bonhams / other high end auction and hope for the best!
Series 3 are the cheapest of the three types, with over 15000 being produced, either the 2+2 shape or the roadster.
As for cost, I would expect possibly 20k, as even though very low miles, the driveside conversion has to surely knock the price down as it is not all original. Could go for more than that depending on the overall condition.
If it was a mk1 with the 3.8l engine, that would be worth a lot!!!
Source - Dad owns a mk3 V12 and a 1950 XK120, I do all the computer related work for it, written a brief E-Type history sheet to leave on the car when at shows and stuff.
EDIT: Thought it was a 2+2, which are not sought after as the roadster, mad difference between the costs.
Also meant 30k, which for a 2+2 tends to be about market average, with that taking into account low miles, but then the conversion which I believe to be detrimental to the cost if a purist.
As a roadster, definitely worth a lot more, my bad.
As for cost, I would expect possibly 20k, as even though very low miles, the driveside conversion has to surely knock the price down as it is not all original. Could go for more than that depending on the overall condition.
If it was a mk1 with the 3.8l engine, that would be worth a lot!!!
Source - Dad owns a mk3 V12 and a 1950 XK120, I do all the computer related work for it, written a brief E-Type history sheet to leave on the car when at shows and stuff.
EDIT: Thought it was a 2+2, which are not sought after as the roadster, mad difference between the costs.
Also meant 30k, which for a 2+2 tends to be about market average, with that taking into account low miles, but then the conversion which I believe to be detrimental to the cost if a purist.
As a roadster, definitely worth a lot more, my bad.
Edited by joshleb on Monday 18th June 21:44
20k is at the very low end for a series3 roadster. As others said it's difficult to know, it could actually be in fairly poor condition. Can you prove the mileage is genuine? I would think that's very difficult to do so actually I doubt that has a bearing on the value. I'd say £30k+ but it's impossible without knowing what condition it's actually in. In any case I expect a fair amount of work to get it into a good drivable state.
As others have said try Robert Hughes, maybe Eagle E-types etc for an idea or perhaps <shudder> throw it on E-bay...
As others have said try Robert Hughes, maybe Eagle E-types etc for an idea or perhaps <shudder> throw it on E-bay...
Edited by varsas on Monday 18th June 19:11
CRA1G said:
£20K......!
if it's a genuine 4,000 mile Car it's worth at least 3/4or even 5 times that.! Just give Peter Jarvis a call..........!
What he said I reckon, but maybe not 5 times as much. Low mileage collectors cars go for silly money (just look at 20 year old bmws for example). if it's a genuine 4,000 mile Car it's worth at least 3/4or even 5 times that.! Just give Peter Jarvis a call..........!Yes the series 3 is the most abundant one, but it only takes two idiots that want it to inflate the price. If it has rock solid paper work, and it looks like it has been stored well... as others have said, they should be speaking to quality auction houses, not some bloke at the local garage.
GhostDriver said:
What he said I reckon, but maybe not 5 times as much. Low mileage collectors cars go for silly money (just look at 20 year old bmws for example).
Yes the series 3 is the most abundant one, but it only takes two idiots that want it to inflate the price. If it has rock solid paper work, and it looks like it has been stored well... as others have said, they should be speaking to quality auction houses, not some bloke at the local garage.
But do collectors want a rhd lhd car? not exactly original, is it?Yes the series 3 is the most abundant one, but it only takes two idiots that want it to inflate the price. If it has rock solid paper work, and it looks like it has been stored well... as others have said, they should be speaking to quality auction houses, not some bloke at the local garage.
Why don't you give Coys a phone call? Here are their contact details:
http://www.coys.co.uk/contactus.php
http://www.coys.co.uk/contactus.php
Lost soul said:
It would not bother me , i would have it put back to original LHD and love it to death
I am sure a fat German would want to pay me fortunes for it if i ever decide dto sell
But for the money it's likely to go for surely you'd just buy an original and not one that's been changed. I am sure a fat German would want to pay me fortunes for it if i ever decide dto sell
4k miles though? It saddens me when I think of such cars never seeing the light of day for years on end....carcooned or not.
I just don't see the point in owning something to jus stuff it away in the garage.
Similar to all the posers that buy super cars and mince about in them at 50mph.
Shame it's a V12 - it would be worth a LOT more if it was a series-1. The RHD conversion will probably devalue it too, it might even be worthwhile converting it back before selling.
Ultimately, I think it's one of those cars that will have to go to auction, just because it's too hard to put a value on it. My guess would be something around the 100k mark, I suppose, assuming the condition reflects the mileage?
Ultimately, I think it's one of those cars that will have to go to auction, just because it's too hard to put a value on it. My guess would be something around the 100k mark, I suppose, assuming the condition reflects the mileage?
Edited by kambites on Tuesday 19th June 08:56
I was at a Bonhams sale on Saturday, there were two V12s there and neither made their reserve. A 2+2 got to about £25K although I missed how much the roadster went up to. There was also a very nice XK120 that got to £65K but didn't sell. Maybe it was the wrong market on the day as there was some real s
t fetching silly money or people have unreal expectations of what their cars are worth.
t fetching silly money or people have unreal expectations of what their cars are worth.Gassing Station | General Gassing | Top of Page | What's New | My Stuff