JD Classics, what have they been up to?

[EXKAY120]

lowdrag said:

Here are couple of shots I took there a couple of years back. I wasn't allowed to sit in nor open the bonnet of any car.

https://www.flickr.com/gp/149566328@N08/03xB5b

https://www.flickr.com/gp/149566328@N08/399vn4

https://www.flickr.com/gp/149566328@N08/no9bg9

https://www.flickr.com/gp/149566328@N08/GXc0W0

I would love to flick some mud n dust around the place :-)

[POORCARDEALER]

Almost inconceivable you wouldnt make money buying classics from 2009 onwards in a bull market unless you were getting horrendous guidance

Edited by POORCARDEALER on Friday 23 March 10:59

[rgw2012]

POORCARDEALER said:

Almost inconceivable you wouldnt make money buying classics from 2009 onwards in a bull market unless you were getting horrendous guidance

Edited by POORCARDEALER on Friday 23 March 10:59

I don't think this is about losing money overall, there were too many deals done over a long period for that not to have been the case. The claim is more related to the loss of profits on some deals that were alleged to have been done with 3rd party buyers that apparently didn't exist, i.e. JD being both the buyer and seller so they were making profit from the sale and making commission on the deal (against apparently inflated values of the cars), even though they were deemed to have been acting as the agent for the seller.

[grumpy52]

Many in jag circles that are not particularly hands on with their cars think that JDC are the dogs danglies .
Others won't touch them with a sterile barge pole wearing gloves .
I have worked on a couple of cars that had been through their hands and sold at premium prices , I soon became unimpressed.
I shall watch with interest but fear that the winner will be the one with the best legal team .

[Voldemort]

grumpy52 said:

I shall watch with interest but fear that the winner will be the one with the best legal teams .

EFA

[POORCARDEALER]

rgw2012 said:

POORCARDEALER said:

Almost inconceivable you wouldnt make money buying classics from 2009 onwards in a bull market unless you were getting horrendous guidance

Edited by POORCARDEALER on Friday 23 March 10:59

I don't think this is about losing money overall, there were too many deals done over a long period for that not to have been the case. The claim is more related to the loss of profits on some deals that were alleged to have been done with 3rd party buyers that apparently didn't exist, i.e. JD being both the buyer and seller so they were making profit from the sale and making commission on the deal (against apparently inflated values of the cars), even though they were deemed to have been acting as the agent for the seller.

It will be an interesting case for sure

[Doofus]

If JD deliberately and intentionally defrauded the client, then they appear to have done a pretty poor job of covering thier tracks. Arrogance, ignorance or innocence?

[Norfolkandchance]

Doofus said:

If JD deliberately and intentionally defrauded the client, then they appear to have done a pretty poor job of covering thier tracks. Arrogance, ignorance or innocence?

Yep, it does seem extraordinary. The accusation is that the gullwing was on their stand, for sale, at a major motor show after they claimed to have sold it.

Edited by Norfolkandchance on Friday 23 March 14:09

[loose cannon]

grumpy52 said:

Many in jag circles that are not particularly hands on with their cars think that JDC are the dogs danglies .
Others won't touch them with a sterile barge pole wearing gloves .
I have worked on a couple of cars that had been through their hands and sold at premium prices , I soon became unimpressed.
I shall watch with interest but fear that the winner will be the one with the best legal team .

Which restoration shop would you suggest ?
I’m planning on a series 3 build soon when I have the spare funds, do you not think there work is up to scratch and who do you think would do a better job for me

[EXKAY120]

There are plenty that are much much better than JD, just do your research, its not difficult to do, try to find someone who's passionate about what he does, there are some real nice guys out there that wont rip you off.

[mph]

loose cannon said:

Which restoration shop would you suggest ?
I’m planning on a series 3 build soon when I have the spare funds, do you not think there work is up to scratch and who do you think would do a better job for me

If you were seriously considering JD then you already have enough funds for two restorations.

[a8hex]

EXKAY120 said:

I would love to flick some mud n dust around the place :-)

Their stand at XK60 was full of very shiny dead things. The moment the clouds came over everything was covered in plastic to make sure it staid very shiny.
I'm sure there are many potential buyers who want their classics to be shiny, personally I like them to look like they have some personality and appear a little lived in. I guess you pay's your money and you takes your choice.

[aeropilot]

a8hex said:

EXKAY120 said:

I would love to flick some mud n dust around the place :-)

Their stand at XK60 was full of very shiny dead things. The moment the clouds came over everything was covered in plastic to make sure it staid very shiny.
I'm sure there are many potential buyers who want their classics to be shiny, personally I like them to look like they have some personality and appear a little lived in. I guess you pay's your money and you takes your choice.

I'm surprised JD haven't already gone down the trendy 'fake patina' route yet then.......

[ExVantagemech..]

aeropilot said:

I'm surprised JD haven't already gone down the trendy 'fake patina' route yet then.......

Surely theres nothing worse than an old car with a better than new finish?

Im not criticising JD, they have obviously been doing something right. You do find that in many cases the restorations of these cars are rarely open checkbook jobs and the owners decisions dictate the level they go to.

I do however struggle to see the attraction in sticking some matt lacquer in the final coat to kill off the shine.

[aeropilot]

ExVantagemech.. said:

aeropilot said:

I'm surprised JD haven't already gone down the trendy 'fake patina' route yet then.......

Surely theres nothing worse than an old car with a better than new finish?

I agree.

I hate over-restoration, always have done.

[a8hex]

ExVantagemech.. said:

aeropilot said:

I'm surprised JD haven't already gone down the trendy 'fake patina' route yet then.......

Surely theres nothing worse than an old car with a better than new finish?

Im not criticising JD, they have obviously been doing something right. You do find that in many cases the restorations of these cars are rarely open checkbook jobs and the owners decisions dictate the level they go to.

I do however struggle to see the attraction in sticking some matt lacquer in the final coat to kill off the shine.

It is my understanding that the normal toffee apple sheen on modern paints wasn't achievable with the period paints when XKs were being made. So I'd chose to have a paint finish which had an appearance closer to the way they'd have left the factory.
It tends to be the interiors I'm not so keen on though, which is a problem for owners generally. When you get to the stage where the interior needs replacing, new leather in an old car always looks wrong to me.

[klunkT5]

About 5/6 years ago i enquired about an original but really rough Cotswold blue 3.4 MK1 manual JD had, It looked like it was tugged out of a damp garage, They wanted 9K for it. No chance of getting any money back on that after the full restoration it required.

[lowdrag]

loose cannon said:

Which restoration shop would you suggest ?
I’m planning on a series 3 build soon when I have the spare funds, do you not think there work is up to scratch and who do you think would do a better job for me

Before:-

https://www.flickr.com/gp/149566328@N08/b613h6

https://www.flickr.com/gp/149566328@N08/48Dp2P

After:-

https://www.flickr.com/gp/149566328@N08/1fG2Dt

https://www.flickr.com/gp/149566328@N08/1vdr44

You can follow the series of photos. The car was getting doggy having done over 100,000 since I bought her 30 years ago, so I decided on a rebuild in factory colours.

For someone who knows his job and would cost about one third of a JD Classic rebuild speak to Lee Ridley of Castle Classics

Edited by lowdrag on Friday 23 March 16:35

[EXKAY120]

a8hex said:

Their stand at XK60 was full of very shiny dead things. The moment the clouds came over everything was covered in plastic to make sure it staid very shiny.
I'm sure there are many potential buyers who want their classics to be shiny, personally I like them to look like they have some personality and appear a little lived in. I guess you pay's your money and you takes your choice.

XK60....A great weekend by the way Ken :-)

Edited by EXKAY120 on Friday 23 March 17:06

[lowdrag]

XK60 is dead. Now have a look at XK70 and see what is on offer, including a Glen Miller band evening! I shall be there in the XKSS.