The Autoglym D Type
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Discussion

RedexR

Original Poster:

1,861 posts

243 months

Sunday 22nd January 2012
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At the Autosport show Autoglym had this on their stand - the ex Farnham flyers race car , is this the most valuable ex race car ever at a cool six million ? it certainly got a lot of peoples attention














Edited by RedexR on Sunday 22 January 10:39

Dave Hedgehog

16,300 posts

233 months

Sunday 22nd January 2012
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want !!!

a8hex

5,832 posts

252 months

Sunday 22nd January 2012
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No Jaguar has ever fetched £6M at auction. Private sales? who knows.
Last months Octane, the one loads of people were slagging off a while back, had a list of the top one hundred auction results and £6M is chicken feed I'm afraid.
As much as I'd love a D, and believe me having had the luck to ride in a couple, I really really really would love a D, I know them not to be the most valuable cars in the world, even if they are way outside my range (Damn lottery machine pulled the wrong numbers out of the hat again!)

The record for a Jaguar is E2A at a tad under $5M (US).
A Ferrari 250 TR has made over $16M (US).


Chunkychucky

6,094 posts

198 months

Sunday 22nd January 2012
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I was going to say, i'd like to see someone pay that for it. In my mind the most valuable ex-racer ever, at least it would be if the factory were to sell it, is Stirling Moss's ex-Mille Miglia 300SLR, i'm willing to bet that would pass even a 250GTO..

4rephill

5,165 posts

207 months

Sunday 22nd January 2012
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RedexR said:
is this the most valuable ex race car ever at a cool six million ?
No, Ferrari 250 GTO's go for a lot more than £6 Million when they (rarely), come up for sale and have done for years.

Besides which, the £6 Million valuation is based on what?: insurance value?, how much they paid for it? or what they value it at themselves?

At the end of the day, it's only worth what someone is prepared to pay for it.

RedexR

Original Poster:

1,861 posts

243 months

Sunday 22nd January 2012
quotequote all
So is this a case of the insured value rather than an actual ballpark figure of what it would probably go for in one of the prestigious car auctions ? , this seems to be a theme common all the way through the classic car market and probably affects all of our premiums to some extent.

Chunkychucky

6,094 posts

198 months

Sunday 22nd January 2012
quotequote all
RedexR said:
So is this a case of the insured value rather than an actual ballpark figure of what it would probably go for in one of the prestigious car auctions ? , this seems to be a theme common all the way through the classic car market and probably affects all of our premiums to some extent.
yes very much so I believe, more intended to make people go "Ooooh, a £6 million car.."

a8hex

5,832 posts

252 months

Sunday 22nd January 2012
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I don't think these things have any effect on your insurance premiums. When you have an agreed value insurance on a classic car the premium you pay is a function of the value you insure it at. The only person the value is going to affect is the person taking out the policy.

matt3001

1,999 posts

226 months

Monday 23rd January 2012
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Chunkychucky said:
I was going to say, i'd like to see someone pay that for it. In my mind the most valuable ex-racer ever, at least it would be if the factory were to sell it, is Stirling Moss's ex-Mille Miglia 300SLR, i'm willing to bet that would pass even a 250GTO..
Agreed, I remember reading something once that said research analysts had calculated that an open market sale of the SLR would likely fetch £25-£30m

lowdrag

13,181 posts

242 months

Monday 23rd January 2012
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It's reckoned that the most valuable cars in the world are the 300SLR mentioned above and the Bugatti Royales, closely followed by any of the 250GTO's. But in Jaguarland I'd disgree that the D-type here is the most valuable, since if XJ13 (same owner of course) came on the market it is tentatively estimated at £7 million by the trust, but I wouldn't be surprised if it reached £10 million. However, in D-typeland the Ecurie Ecosse 1957-winning car is reckoned to be the most valuable.

LotusOmega375D

9,313 posts

182 months

Monday 23rd January 2012
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lowdrag said:
It's reckoned that the most valuable cars in the world are the 300SLR mentioned above and the Bugatti Royales, closely followed by any of the 250GTO's. But in Jaguarland I'd disgree that the D-type here is the most valuable, since if XJ13 (same owner of course) came on the market it is tentatively estimated at £7 million by the trust, but I wouldn't be surprised if it reached £10 million. However, in D-typeland the Ecurie Ecosse 1957-winning car is reckoned to be the most valuable.
Bugatti Atlantic 57SC sold by Goodings for at least 20 million quid ($30m+) in 2010. One of only two left (Ralph Lauren has the other), its scarcity probably puts it second on the list after Merc SLR 722.

I wonder what other 300SLRs are worth. I know that MB has "retired" 722, but I am sure they still demonstrate other(s).

WantsAmach 1

2 posts

176 months

Monday 23rd January 2012
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I'm not surprised it got alot of attention, it's a stunning car with a lot of history to it.
Not to mention it's price Tag. biggrin

RedexR

Original Poster:

1,861 posts

243 months

Monday 23rd January 2012
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It still looks as though it needs me to road test it though , whatever the insured value..and I would be "kind" to it rolleyes

AndrewIC

643 posts

197 months

Thursday 26th January 2012
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The Bonhams one sold at Goodwood a couple of years ago was the record at the time over £2M, being the first car made.

I find it very hard to see a D going for £6M no matter what it's heritage, and if somebody did pay that, they will be stung big time when the market bursts soon (also need their head examining)

a8hex

5,832 posts

252 months

Thursday 26th January 2012
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lowdrag said:
It's reckoned that the most valuable cars in the world are the 300SLR mentioned above and the Bugatti Royales, closely followed by any of the 250GTO's. But in Jaguarland I'd disgree that the D-type here is the most valuable, since if XJ13 (same owner of course) came on the market it is tentatively estimated at £7 million by the trust, but I wouldn't be surprised if it reached £10 million. However, in D-typeland the Ecurie Ecosse 1957-winning car is reckoned to be the most valuable.
The rumour I'd heard was that they had turned down an offer of £10M for the XJ13. Can't for the life of me remember where I heard it though.

As for D-Types, winning at Le Man's does add to their value a bit I'm sure.

williamp

20,378 posts

302 months

Thursday 26th January 2012
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I would have thought the '55 LM winning D-type would be the most valuable D- I've sat in it you see, and...

Do the XKSS go for more then the D-types??

lowdrag

13,181 posts

242 months

Thursday 26th January 2012
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William, I suggest you read my post on the other thread "just drool". And an XKSS lags behind D-types, since none raced and don't have history, despite D-types being seven times more common than an XKSS. So the answer is that basically an XKSS lags, but by how much depends on the D-type. RSF 301, the 1957 Ecurie Ecosse car, would be around I guess £7 million whereas an XKSS (Steve McQueen car apart) would probably be around £1.5 million

AndrewIC

643 posts

197 months

Friday 27th January 2012
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Bozwell said:
lowdrag said:
XKSS would probably be around £1.5 million

i would say double that.
I would agree with you Bozwell

a8hex

5,832 posts

252 months

Friday 27th January 2012
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Bozwell said:
lowdrag said:
XKSS would probably be around £1.5 million

i would say double that.


iv'e got a video of the drivers view of the longnose D on my computer somwhere which i took when i drove it to the transporter in italy many years ago. smile i may dig it out sometime.
or triple when talking "insurance" valuations, as they are basically irreplaceable. You have to consider that at that point you aren't talking in terms of how much would it cost to buy one that happened to come onto the market, but how much would you need to make someone an offer they couldn't refuse. JD Classic are offering an XKSS, anyone know what they are looking for? (not that SWMBO'd would let me buy it... even if I could)

Some of the XKSSs do have a period racing history, certainly XKD555/XKSS701 has, as 701 it won first time out. At this point the plan was still to make 50 of them so they qualified for the American sport car racing scene so Jaguar were keen to promote them. In this case it was still being raced into the 60s when its then owner, Bob Stonedale, took a lump hammer to the engine frames to shoe horn in a Chevy V8.

If the Steven McQueen car came up for auction, then it is anybodies guess what it would go for. But that would be someone buying the history and its association with its most famous owner.

lowdrag

13,181 posts

242 months

Friday 27th January 2012
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Be very careful Ken when you talk about making 50 for the SCCA series. Just like Ferrari, Jaguar cheated and did it well. I mean, how else would they have come up with the chassis number series that went:-

XKSS 701/704/707/711/714 and so on. After five cars they had already used 14 chassis numbers to expedite thew "50" required.

As regards values, in 2003 one fetched $1.1 million, in 2005 nearly $2 million when that was around £1 million, so yes, I'm well behind the times. I mean, a true replica isn't far short of £500,000 today.