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Thread: Advice on selling a RHD MK1 in the UK

  1. #1
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    Advice on selling a RHD MK1 in the UK

    Hi everybody, my name is Michael and I just joined as a guest visit, wondering if I can get some advice on selling my 1956 jaguar MK1, the 2.5 engine. I bought the car to help out a friend who needed some cash a couple of months ago and as things are developing towards the end of the year, I am the one in need of cash myself now. I have always been fascinated by old cars but my first passion is aviation, and as some of you might know, this is the more expensive hobby

    Even though it hurts, and I absolutely love this car, I have to make choices.

    The car is based in Germany, is in an excellent mechanical condition (just passing the annual inspection now) and has an almost immaculate white paint, with rear wheel covers and regular hubcaps. The interior is grey leather and the wood probably needs a bit of polishing. The leather has some cracks, like old leather does, but the interior is overall in a good condition.

    I wanted to place an ad in Germany, but it is hard to find people interested in a RHD. I paid 23000 Euros for the car and was wondering if I could recover that if I bring the car over to the UK. I have friends who could park the car at their house and show it to people. But of course, all the paperwork to register the car back in the UK and the drive (even though enjoyable) is time consuming.

    Would you guys have any basic advice on how easy it is to sell an MK1 in the UK? If I cannot get 20000 Pounds for it then I'd probably keep the car and figure out something else - in which case my guest appearance here would probably extend into a regular membership

    Either way, I'd appreciate some honest advice. I can post pictures of course, if this is the right thread for it.

    Michael

  2. #2
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    Hello Michael,

    I see you have had little response to your query.I am not Mk1 expert so cannot advise. I would suggest that you browse U.K. classic car sites to see what prices MK 1s are fetching. The 3.4 model is likely to be more valuable than the smaller engined car however. The other factors are manual or automatic, the former usually fetching more money especially with overdrive. Wire or pressed wheels, again the former being more desirable for most buyers. (not for me but I'm in the minority).

    Good luck.

    Alec
    2004 2.5 X Type Estate, MK 2 3.8 (Long term restoration), 2.5 P.I. Triumph saloon, 564 Hymer motorhome.

  3. #3
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    Hi Alec, thanks for responding. I guess it was a difficult question in the first place, because it depends on so many factors, but what you're saying helps a bit already. The problem with looking at classic car sites is that the prices advertised don't reveal what price the car would really sell for.

    Michael

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    Hello Michael,

    I agree but it gives some indication of asking prices, there are, as you say, so many factors and what prices cars sell for is not generally known. If there are any dealers selling then that price will be top end and lots of the specialist dealers usually look for the cars in very good to excellent overall condition.

    Alec
    2004 2.5 X Type Estate, MK 2 3.8 (Long term restoration), 2.5 P.I. Triumph saloon, 564 Hymer motorhome.

  5. #5
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    Hello Michael
    I suggest you join a uk Jaguar club. JEC or JDC and speak to their mk1 experts who will help. You can advertise in these magazines and on their on line forum.
    Hope his helps.
    Regards
    Peter
    PETER DAVIES, 2016 XF 2.0 diesel Portfolio. 1967 Mark2 (240.)

  6. #6
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    Hi Peter, thank you for the advice. I managed to keep the Jaguar. I just went to see it today after a couple of months and I remembered why I loved the car in the first place. I should join one of these clubs anyways, will look into that.

  7. #7
    Senior Member XJ for two's Avatar
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    you paid too much.

    the MK-1 (or correctly called the "2.4 Liter"), is not as desirable as the MK-2 or the later S type. It is primitive compared to the S type, and not as developed as the MK-2.

    Everybody wants the MK-2, but few want the MK-1 or the S type, which of the three Small Saloons, is the best riding and handling car with its rear independent suspension, twin tanks, roomier interior, wonderful dash, and other design details which Jaguar carried all the way to 1992.
    1965 Jaguar 3.8 'S'
    1984 Jaguar XJ-6 4.2

  8. #8
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    Quote Originally Posted by XJ for two View Post
    you paid too much.

    the MK-1 (or correctly called the "2.4 Liter"), is not as desirable as the MK-2 or the later S type. It is primitive compared to the S type, and not as developed as the MK-2.

    Everybody wants the MK-2, but few want the MK-1
    I would agree with the above if you had posted TWENTY YEARS AGO, but things have changed (certainly here in the UK). The (as you correctly point out, retrospectively-named) Mk I is very desirable now.
    2000 Jaguar X308 4.0
    1973 Jensen Interceptor Mk III 7.2
    1969 Jensen Interceptor Mk I 6.3

  9. #9
    Senior Member XJ for two's Avatar
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    23 thousand Euro is very desirable? how much is that in British pounds?

  10. #10
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    Quote Originally Posted by XJ for two View Post
    23 thousand Euro is very desirable? how much is that in British pounds?
    Thats two different pairs of shoes, isn't it? Is the car desirable or is the price desirable.

    It actually cost me 20000 euros because I still owed my friend 3000 from before, so thats 17000 British pounds. But the question was not if I paid a desirable price, I was in fact wondering how desirable the car is among collectors if I do want to sell it.

    I realize that its not an investment that I can easily cash in on. It has some tax advantages though because I am going to register it as my company car so that my monthly tax burden is only 1% of the original purchase price from 1956 divided by 12, whereas deductible depreciation will be counted from the 23000.- I paid.

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