If you’ve read our recent blog post on the rising value of vintage cars, you could be looking into how you can become involved in this investment strategy. In this article we’re going to explore what you need to look for to make a wise purchase of a Jaguar E-Type.
But first, a little bit of history.
The E-Type was originally debuted at the Geneva Motor Show in 1961, and has since held onto its reputation as one of the most beautiful cars ever created. Many people just love the E-Type for its sleek lines and fast engine and will even look around for several years to find the perfect model for themselves. However, it’s important not to let the ‘rose tinted spectacles’ get in the way of a serious investment buy.
What you need to know about the Jaguar E-Type
The E-Type was initially run on a 6 cylinder engine that was 3.8 litres producing 265 bhp. It was soon to be replaced by a 4.2 litre engine that delivered the same bhp but had more torque. From 1971 onwards, a 5.3 litre V12 engine was used.
Although most E-Types were originally imported by Americans, once the Series 1A1/2 was introduced, and some of its niggles and disappointments were addressed such as uncomfortable seats, deficient rear brakes and overheating, more Brits were buying it. Foot wells replaced the flat floor and with the 4.2 litre engine, there was also a much improved gearbox introduced.
Due to the US Federal demands that forced modifications to be made to the E-Type, the model grew wider and heavier and it’s once sleek lines were spoiled. It was no longer the fast car that it was as it slowed in pace and became bloated. It’s only benefits were its increased reliability and it wasn’t until the 1971 V12 engine that it regained its reputation as a performance car.
What to look out for:
As with any vehicle from the 60s and 70s – the most important thing to look for is rust. Of course, there is bound to be a fair amount on a car of that age, and the E-Type is no exception. It may be sleek, but it’s also a rust trap. Unfortunately this means that there are many cars on the market that could be classified as bodge jobs. Your wisest move is to hire the services of an E-Type specialist to guide you in your purchase.
Your specialist will need to check the floor pan, sills, door skins, wheel arches, engine frames and bonnet. Fortunately many of the panels are available to purchase in order to use as replacement parts. There will also be many parts to check on the inner workings such as blocked waterways, overheating, bottom ends and you may need to even go so far as to ask how much a complete engine rebuild will cost.
Summary. If you can show somebody to me who doesn’t want to own an E-Type then I’ll eat my hat. But this is one thing that you get what you pay for. Don’t be sucked in by a sleek sexy look that will turn out to be a money pit. Buy the best you can financially afford and you’ll be turning heads as you drive down your street and reaping a fair reward for your astuteness.