I’ve been inspecting and driving a 1970 FHC with 42,000 miles on it. Regency red with black interior it’s been painted once perhaps 30-40 years ago and still looks good from ten feet . The only damage I can find is the area just behind the rear wheels that is crudely lead loaded. It’s up on my lift at the moment and has no rust anywhere. Runs and drives like a dream . Any ideas on current value?
Not a lot to go on, but Hagerty gives a range of $38.7k to $72.6k for #3 to #4 cars. The area behind the rear wheels is notorious for rust problems on the FHC as the panels provide a place for moist debris thrown up by the wheels to collect. If it isn’t repaired correctly, expect future problems in that area.
Having owned four E-types before the madness struck, I tend to accept the Hagerty valuation. These are old cars, and have been cherished by many owners for years. They are good looking and like other vintage cars, hold memories of glory days. Values are simply what someone is willing to pay, balanced against what it costs to put a rusty one back together.
wow, 20K, now that was a deal. JS
If that red car is crude to you
Buy a Mercedes!
These cars were done on the cheap
If you can buy that cheap GO. for it baby!
How much they asking?
You stole it at 35 to 45 ….maybe 60 tops imho
Hi David, You mention Hagerty as a source of information about E Type values . I wish to get an estimate for my restored S2 OTS, and tried to access Hagerty .Despite getting signed up I could not navigate the site get any information. Maybe there is a trick to it!!??
There is buy his insurance policy
You value goes up 20 percent😄
Keep in mind that low mileage can be your friend but also your enemy, depending on what part of the car you are talking about. Rubber parts for instance age no matter what the mileage. That said, the car shows very well in the photos you provide. Unless the seller is an idiot, he’s probably going to hold out for Hagerty #3 money or better. BTW, Series 2 FHCs seem to be rare, at least for sale. If you look at the BringATrailer auction history, convertables seem to outnumber coupes by a large margin. So my usual recommendation is to check BAT sales history for comps but in this case, I know you aren’t going to find much in coupes but lots of OTSs. Still should give you an idea on prices. Use the BAT Search feature. I usuallly just search on Jaguar XKE.
What you call lead loading looks to me like corrosion but you’ve been able to look at it closely so that trumps anything I can see.
Those areas are both leaded due to past corrosion. Crude but probably passable 40 years ago . There isn’t any corrosion elsewhere.
Start here:
Value Your Car – Car Values | Hagerty Valuation Tool®
Make the necessary selections for your car’s year and model and you wind up here:
Thanks John, I got to the appropriate page…The numbers are rather high.A footnote …I have read somewhere to that BAT values can be helpful.
Glad to hear John was able to point you in the right direction to the Hagerty Valuations. With regards to values being high or low, the flaw with any such valuations system is the Condition Classification. It’s very subjective, and makes a huge difference to the valuation. Owners (and sellers) will classify their #2s as #1s, #3s as #2s etc. Buyers will often make the same mistake blinded by the lust for an E-Type, and overlooking the bad things, and the fact that paint always looks better in photos than it does in reality close up. It’s only when you get the car home that you start to see the things that make the car a #4… Another factor often overlooked is that paint/interior colour can have a major impact - not surprising given the cost of a good paint job. The difference between a desirable colour combination and a blah one might be as much as 30%.
In addition to what David wrote, if you have the right people in the room during an auction or find the right buyer, if doing a one on one sale, you can exceed the prices shown in the Hagerty guide. Think of those prices as the not reflecting the extreme ends of a bell curve; the plus or minus 3 standard deviation areas.
Thanks for all the input!
And as Joey alluded to: The higher the valuation (real or imagined) the more money our friends at Haggerty make. So “fluffing” values is in their best interests. Just saying…
Forgive my suspicion of motives and mankind in general. I grew up in NY.
If I could find a genuine #3 S1 FHC for the current Hagerty valuation, I would snap it up right away. I could probably sell it on BaT for 50% more.
E-LATED, Dont rush into the buy unless you HAVE to have it…
Winter is almost here , Many gentlemen is this arena are getting older and ALOT of cars are being offered for sale.
Look at BAT and this CURRENT batch of series 2 and 3 Etypes, they are dropping day by day.
Wait a couple more days and take an average.
Theres a glut of them, health, income or retirement, they are being unloaded.
Have patience…The numbers I offered to you will be close.
Good luck
GTJOEY1314