The Automotive Equivalent To A Dirty $60 Etsy Cob?

[mikethompson]

Came across this little story about a recent auction for a 1960 Jaguar. While I understand its relative rarity, this car, in this shape, sold for $127,552. The previous owner crashed it into a tree in 1996 and stored it in a garage ever since.

Maybe those chewed up, black, and broken cobs on etsy are worth the premium they are asking?

Why an Ancient, Rusted, Tree-Indented Jaguar Just Sold for $127,552

This 1960 XK150 is the surest sign of the "rude health" of the collector car market

www.insidehook.com

 

[Casual]

That’ll buff right out.

 

[verporchting]

For that price the previous owner must have been Helen Keller?

 

[craig61a]

https://i.gifer.com/757z.gif

 

[mso489]

The only reason for buying this would be the intention of restoring it, and it appears restoring it in anything like presentable and drivable condition would take another $127K. I guess someone in that financial league will just dump it on some restoration expert and grant them more or less unlimited resources. It's difficult to think how that would be rewarding. It looks like a three-year project for a pro. You could probably have a replica built from scratch with modern engine and electrical systems for less than this quarter of a million project.

 

[CoffeeAndBourbon]

The only reason for buying this would be the intention of restoring it, and it appears restoring it in anything like presentable and drivable condition would take another $127K. I guess someone in that financial league will just dump it on some restoration expert and grant them more or less unlimited resources. It's difficult to think how that would be rewarding. It looks like a three-year project for a pro. You could probably have a replica built from scratch with modern engine and electrical systems for less than this quarter of a million project.

They would not do it themselves but rather pay someone to restore it for them...

 

[verporchting]

When I was young and in the market for my second car my grandfather offered me some life changing advice about used cars: spending a $1000 to “fix up” a $1000 car means you spend $2000 to get a $1000 car that probably wasn’t worth either of the $1000 expenditures. He recommended I simply buy a better $2000 car. He was right.

 

[kcghost]

Looks rather silly to me but I really don't know cars.

 

[shanez]

I feel sorry for whoever bought it but you know what they say about a person and their money.

A quick search turned up several of the same model, noted as matching numbers for restoration, that were not wrecked and with price tages in the $80K-$150K range.

 

[mikethompson]

I feel sorry for whoever bought it but you know what they say about a person and their money.

A quick search turned up several of the same model, noted as matching numbers for restoration, that were not wrecked and with price tages in the $80K-$150K range

Quote from the article:

"only 50 of the Drophead S variants were made"

So it is relatively rare, but, I mean look at it.