Someone wayyyyy overpaid for this one.. I would say by double http://www.rmauctions.com/CarDetails.cfm?SaleCode=MO11&CarID=r162&Currency=USD
Is the general market for this car your basis for saying he overpaid, or is there something about this car in particular that made it overpriced? I am just curious because the pictures and the description show a pretty nice car and I thought the market for a series 11/2 roadster was close to this.
Have you actually seen a comparably restored car anywhere for $55,000? I think he paid a premium for what he wanted, but not double.
Series 1 1/2....is usually considered the Bastard.. Father was a 69, and mother was a 67... a perfect 67 could command this price.. a 68 is really a 69, and a 69 should pull no more than 50 g's any where!
Hello, it may come close of $50.000.00 to restore a E-type to that level. Yes over a $100,000.00 is a lot of money for a 68-69, but that one looks very nice. Id be proud to own her. Thanks Norm
"Series 1 1/2....is usually considered the Bastard.." I thought the least desirable was the Series II 2+2...
Maybe somebody just wanted to attend the 50th anniversary at spa next month or similar event to celebrate the 50th, or somebody has recently been to similar show. Either way looks like a very nice car,
From what we have seen... A perfect 67 - as in Pebble Beach #1 condition - is easily a $150,000 car, while a nicely restored 67 is $115,000. Lots of trades to back up these numbers.
Just minor points here - Early 68's can still have all the S1 features except for covered lights: slim parking lamps front and rear above bumpers, triple carbs. My early Series 1.5 even still had toggle switches, and push button start. The 1.5 headlights are also less spoiled than the S2s. So all in all, an early S1.5 - to me - is far more desirable than a full S2 of 69. That said, this is a late transition car for sure, so this was huge money paid. Guess the buyer on this car didn't mind.
I agree. Not a Jag expert, but in the Porsche world we have seen $100K+ sales for full rotisserie/nut-and-bolt restorations on early 911s. Also on 356 cabs. E-Type roadsters are equally hot right now. Also, speaking from experience, it can take a couple of years for a complete restoration, so there is some rationale to pay a premium and have it without the wait. For $55,000, you're probably getting a nice 'driver' these days. Nothing wrong with that, not directly comparable. $50,000 may even be low for a concours-level car...
FWIW, I was offered $50K for my '66 FHC. It's a driver car for sure, albeit a decent one. If that offer were $60K, I'd have taken it
