The Trouble is that we have been enduring for some time Historically Low Interest Rates which results in a Pool of Money swirling throughout the System looking to earn a Return . Suddenly everything is Classic or One of a Kind and the Jaguar Market is absolutely riddled with this Junk . The recipe for buying a good Jaguar is the same as its always been , low mileage and ownership , plenty of Provenance and do your Homework . I was reading the other Day on the Mushroom Channel where some bloke was asking to buy a good X100 Jaguar XK , old Frank was in there with his advice , how many has he bought ? Dont get me wrong , having spent a fortune he certainly knows whats involved in improving a bad one , I have always wanted to ask Frank how much Profit he is showing on his Car , not a lot I would surmise . Anyway , I patiently waited on Neville ( Stagnite ) popping up and his opinion was exactly the same as mine , dont get caught up in a Financial Bottomless Pit because of Emotion or Sentimental Attachment and always keep in mind the exit strategy . X150 and X350 are still the best route into a Classic Jaguar
The Ford Market is an absolute Mystery to me at times with some of the Money being asked . I am not talking about the Escort RS Mk1 or Mk2 Models or even the Mexico , Harrier or Sport Variants but I have to question £30,000 Cologne Engined Capris .
Apart from the first one which I bought new, all my Mk2s were bougt for less than £500, some for less than £100. During the 1980s idiots were paying upwards of £30,000 for them.
Where will they go next?
The Victoria Garage which later went Bankrupt , attempted to build a business based on selling Red 3.8 Fully Restored Mk2 Jaguars all with Wire Wheels to City Types drunk on Eighties Financial Sector Bonuses , ultimately it was a disaster for both buyer and seller