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Getting a good jag

As a result of ill health, my good friend is considering selling his
Jaguar XK120, which he has owned for 56 years. It is in superb roadworthy condition with some racing history and is used on a fairly regular basis, weather permitting. It also has a number '1' registration which was issued when new. Could you kindly advise the best course of action in order to achieve the fairest price and whether it would be better to offer the number for sale separately.

Asked on 7 August 2010 by IR, via email

Answered by Honest John
Investment potential depends on beauty, originality and uniqueness, so better to keep the car and its registration together. In its day, the XK 120 was the fastest production car in the world and caused a sensation. Possibly the best people to get a good price for it are www.barons-auctions.co.uk They are keen on and specialise in 'classic' Jaguars at the Sandown Park auctions, near Esher in Surrey. With interest increasing in cars as investments due to no capital gains tax in increments, if the car is as described it could fetch between £75,000 and £100,000. The next sale is British Heritage themed, on September 6th and 7th. Another possibility is Historics auctions at Brooklands that recently achieved over £140,000 for an ex works rally MGB.
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