XJ220 Found in Cardiff Carpet Shop

XJ220 Found in Cardiff Carpet Shop

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BadApple

Original Poster:

2,265 posts

261 months

Tuesday 17th June 2003
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A rare sports car which spent years bricked up in a carpet shop is set to go to auction this week, it was revealed today.

The Jaguar XJ220, which was delivered in June 1993 and has just 111 miles on the clock, was kept in a special room at the Marlborough Carpets store in Cardiff.

Now the car, with a top speed of 200mph, is for sale as the main asset of the firm, which went into liquidation.

Chris Hall, vice president, Europe, of international valuers and auctioneers Dovebid, which is advising the liquidators, said the car was unusual because it was unregistered and right-hand drive.

"The car has not been used since it was bought - it has been mothballed," he said.

Peter Bache, president international of Dovebid, said it was believed the car's owners had bought it and then kept it so safely because they thought it would be a sound investment.

With just 350 produced, the Jaguar XJ220 came with a price tag of £400,000.

Now the Marlborough Carpets car number 172 is due to go up for auction in Oxford in the very factory where it was made. It has an undisclosed reserve price, and Mr Bache said it was a difficult car to value.

The sale, which will include bids made via the internet, is set to start tomorrow, with the Jaguar expected to come up on Thursday. Other lots include items from the Arrows Formula 1 racing team.

"We have had a lot of interest," said Mr Bache. "We kept it back for this auction because it was the right place to sell it.

"In the last week we have had people registering interest from Australia, the USA, Holland, Japan and France."

The XJ220 made its debut as a concept car at the 1988 Motor Show, and later went into production in 1991 when Jaguar Sport created the purpose-built factory in Bloxham near Oxford.

The only car to beat it for speed since has been the McLaren F1 supercar.


Bloody hell, just saw this in the paper. It was bricked in & they had to knock a wall down to remove it. We even bought a carpet from the shop a while ago. Horrible dingy place, would never have guessed they had one of these out the back.

www.dovebid.com/Auctions/AuctionDetail.asp?auctionID=1621

v8thunder

27,646 posts

265 months

Tuesday 17th June 2003
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Heard about this a while back in Classic Cars Magazine. This happened quite a bit in the late '80s, though not perhaps to this extreme. Testarossas were a favourite for storing away by speculators, which is why the market is now flooded with extremely low-mileage Testarossas, Countaches and the like. A word of advice -Don't buy them, they're not properly run-in yet and they'll be full of 5-litre V12-sized teething troubles. The only things of the era which really held their values were the hard-core supercar-racer material - XJ220s, 959s, Ferrari F40s and 288GTOs and Lotus Esprit X180Rs. The others will pick up in value over time, but, like the Ferrari 275GTB alongside a 250GTO, will never be as valuable.

castex

4,980 posts

280 months

Tuesday 17th June 2003
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Mmmm, but the XJ220 hasn't held any value at all. £100,000 is the top price as new, as far as I can tell. You're spot-on about the teething troubles, btw

jvaughan

6,025 posts

290 months

Tuesday 17th June 2003
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castex said:
Mmmm, but the XJ220 hasn't held any value at all. £100,000 is the top price as new, as far as I can tell. You're spot-on about the teething troubles, btw

was in the local papers (southwales) back in March I believe.

alunr

1,676 posts

271 months

Wednesday 18th June 2003
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They must have had this kicking around for ages because I heard about it sometime last year...

gshughes

1,292 posts

262 months

Wednesday 18th June 2003
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Given that is is a liquidation sale I suppose it is quite appropriate that it is being held at Arrows Grand Prix Ltd.

I'm suprised it took the carpet company that long to go bust which such a valuable asset doing nothing

Marcos maniac

3,148 posts

268 months

Wednesday 18th June 2003
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alunr said:
They must have had this kicking around for ages because I heard about it sometime last year...


Yep so did I

Pixelpeep 135

8,600 posts

149 months

Saturday 19th February 2022
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Marcos maniac said:
alunr said:
They must have had this kicking around for ages because I heard about it sometime last year...


Yep so did I
Amazing underlining quote boxes there!

PugwasHDJ80

7,558 posts

228 months

Wednesday 14th June 2023
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This was a great thread..... not often you find an XJ220 bricked up in a carpet shop in the back streets of cardiff