Values of the Jaguar XJS have been rallying in recent years – could this be the start of a major push upmarket as we saw with the E-Type?
When it comes to values of classic cars, everyone is trying to find the next ‘big thing’. We all know the cars that have ‘gone’ – so to speak. ’60s & ’70s Porsches, Aston Martin DB4/5s and virtually anything with a Ferrari badge are just some of the big hitters that first come to mind.
All of these cars have seen a huge growth in value in the past 10 years and the Jaguar E-Type can be included among this group.
It doesn’t take a detailed analysis of our results on E-Types to see their values have seen extreme growth. Indeed the most collectable models have seen values increase by over 100% in 10 years – a remarkable figure in an era of low inflation.
However, it is not just the ‘low-drags’ and ‘flat-floors’ that are seeing all the growth. Similar, if not quite such extreme trends can be seen in more everyday models.
Put shortly, E-Type owners having been laughing their way to the bank – except perhaps when it comes to ensuring their newly valuable cars.
So, is the XJS going to follow its predecessor?
Well, a 40-year-old Jaguar XJS is not worth as much as a 40-year-old E-Type was worth ten years, taking into account similar spec and condition. The E-Type does seem to have a higher inherent value than the XJS, for whatever reason.
However, the XJS does seem to have begun a growth curve in recent years that suggest similar levels of growth to what we have seen in E-Types are to come.
There are now far more cars selling for more than £10k, and the cars fetching over £20k are no longer just ultra-collectible cars or super low-milers. High spec, exceptional condition cars are now achieving these figures too.
With an approximate value increase of 50% in 10 years, Jaguar XJS values don’t need to get much higher before the annual value increase is in the thousands.
So, the XJS isn’t going to reach E-Type values anytime soon and probably never will, but as a percentage, it could well be just as ‘big’a ‘thing’ as the E-Type.
But what do you think? Are XJS values going to increase at the rate we have seen in the past 10 years? Or do you think it is just a bubble? Will they ever be worth as much as E-Types?