How big a moneypit is an E-Type SIII V12 Roadster??

How big a moneypit is an E-Type SIII V12 Roadster??

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mark387mw

Original Poster:

2,188 posts

273 months

Friday 4th July 2008
quotequote all
I'm probably asking how long is a piece of string, or have you got a crystal ball but I've always wanted an E-Type but never managed to get one - always out of my budget, wrong time etc. Now one is on the market here in NZ and I'm tempted.
I've been told its ex Australia so less likely to have rot problems. Also told its a good useable car, by the dealer, - it's not being sold as a 'restored' car but has had money spent on bodywork/paint and head gasket work. Is this the start of major problems so the owner is selling whilst the going is good, or a sorted useable car. I know it won't be concourse, especially at the sale price and I know it needs inspecting etc but long term is an E a moneypit? It equates to around GBP27,500. I'd rather see it 5k less. It's advertised here by this dealer and a picture;

Details on http://www.carfax.co.nz/car/?plate=rs8307&sear... suggest # numbers are: Engine no: 7S164715A Chassis: E3V121S2793BW


Your comments and advice welcome.

a8hex

5,830 posts

229 months

Friday 4th July 2008
quotequote all
You probably want to get someone who knows E-Types to look at it. There is a book about buying E-Types you can buy.

Jaguar E-type 3.8 and 4.2 Litre (Essential Buyer's Guide)
by Peter Crespin

The E-Type club (www.e-typeclub.com) has a buyers guide online at http://www.e-typeclub.com/buying_guide.htm


I believe the commonly held wisdom is that if you buy a good one, it won't cost you a fortune. If you buy a bad one it will bankrupt you.

mark387mw

Original Poster:

2,188 posts

273 months

Friday 4th July 2008
quotequote all
a8hex said:
I believe the commonly held wisdom is that if you buy a good one, it won't cost you a fortune. If you buy a bad one it will bankrupt you.
This is my concern. I do have Beacham Jaguar on my doorstep to ask for advice but once the moneypit opens...

Is there a chassis number decoder to confirm it's what it says it is?

Huntsman

8,161 posts

256 months

Friday 4th July 2008
quotequote all
A lot of useful info can be found at www.xked.com

Pete Crespin can be found on the jag lovers forum as can many others with a great deal of E type, or XKE as the Americans say.


piquet

616 posts

263 months

Friday 4th July 2008
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pete also does a v12 version of his jaguar buying guide, i have one somewhere, it's worth picking up

i don;t know that much about the series 3, the to bits i do know is the body work is critical, as long as the metal is sound you're generally ok the other thing is to get a compression test on the engine, the engine is good, really good, but is so smooth that you can loose a piston without noticing, i have a friend who lost a whole bank with and only really noticed it felt a little sluggish compared to normal



Myobb

175 posts

228 months

Saturday 5th July 2008
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The most important thing is to get a local expert to look at the car thoroughly. I would guess there are such experts available locally & to pay them NZ$300/$400 would be well worthwhile.

TimCrighton

996 posts

222 months

Friday 11th July 2008
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Get the car inspected - its cheaper to pay a couple of hundred quid than buy a dog.

cardigankid

8,849 posts

218 months

Monday 14th July 2008
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I second that.

I used to have a '72 E-Type S3 Roadster, which was a delight, never caused me any concern to speak of, never had to spend much on her, and subsequently sold for the price I paid. But I started by looking at one hell of a lot of S3 E-Types and I then bought the best one I possibly could, with absolutely no issues which I could detect, then had it inspected before parting with the cash.

'Good Useable Car' imho equates to 'current MOT and you will probably be ok driving home'. If you even start thinking about improving it (which inevitably you will) you will very likely find that you are in for a start from scratch job, which you can either do yourself if you have the skill time and space, or have done in which case it will in essence bankrupt you. If anything major goes wrong, or creeping corrosion appears in the usual places you can either bodge it up, which you won't be happy with, sell it on if you are lucky, or face the aforesaid total refurb.

Don't kid yourself, cheapies aren't cheap.

mark387mw

Original Poster:

2,188 posts

273 months

Monday 14th July 2008
quotequote all
cardigankid said:
Don't kid yourself, cheapies aren't cheap.
Thanks for that, it's being said in the back of mind all the time!
Maybe I'll have to wait when budget isn't a problem...

mark387mw

Original Poster:

2,188 posts

273 months

Wednesday 16th July 2008
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That E Type now sold. frown

lowdrag

13,025 posts

219 months

Monday 21st July 2008
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Just came across this thread and IMHO you were lucky to avoid it. V12 engines go on for ever provided that the antifreeze level is kept up. If this car has had new head gaskets it sounds as though there could have been serious corrosion building inside due to lack of proper maintenance.

mark387mw

Original Poster:

2,188 posts

273 months

Monday 21st July 2008
quotequote all
lowdrag said:
Just came across this thread and IMHO you were lucky to avoid it. V12 engines go on for ever provided that the antifreeze level is kept up. If this car has had new head gaskets it sounds as though there could have been serious corrosion building inside due to lack of proper maintenance.
Thanks for that. It is on his dealer stock here http://www.mcguinnessclassics.co.nz/stock.htm now the TradeMe ad has expired.
I do know of a Series 2 4.2 E Type roadster that has been undergoing an 'at home' rebuild for several years. An elderly chap owns it and its been ongoing but as yet unfinished. I do hope he sees it completed but time isn't on his side.

cardigankid

8,849 posts

218 months

Wednesday 23rd July 2008
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I strongly advise you to get out and look at a few before you buy. There will always be another, have no doubt.