Don't get me wrong, I like a good project car, but it amazes me to see what people will pay for a pile of rust and bolts. Take this 1953 Jaguar XK 120 for instance. It looks like a previous owner had a little too much fun in the twisties and ended up wrapping it around a pole or two... The seller is asking $18k and the crazy part is that there is someone out there willing pay that. I love XKs just as much as everyone else, but come on! This is just getting out of control!
The guys over at Beverly Hills CC are always unearthing garage finds from the homes of California's past elites. Their inventory includes mainly cars with needs and there is always something interesting. Their location among the rich and famous may inflate prices a bit, but not anymore more than you will encounter on eBay these days.
This Jag has been battered and abused, but they are optimistic in mentioning that it is numbers matching, has had the same owner for many years, and would make an excellent restoration candidate. We are not sure about that last part, but then again, it could be worse, right?
It just got worse! This 1955 XK 140 has not been lowered, the body, well what is left of it, is literally sitting on the ground! This project actually makes the last one look very doable. Again, being the positive guys they are at BHCC, they point out that this car is equipped with overdrive, has a solid frame, and has been in California for the past 20 years. They also state that those door are from a drop head coupe. Not sure if that is a good thing though.
The asking price redeems this one a little, well until you do the math. At a little over $10k it may seem like a cheap entry into cat ownership, but if you look at it that way, it will probably never make it much past its current condition. Unfortunately, these once beautify cars are not for the budget-minded enthusiast. You are going to need a serious love for everything British and some very deep pockets.
Surprisingly the frame actually does looks pretty good and appears to have undergone a restoration attempt. There is an engine in there too, but not much else. We have a hard time imagining that this car wouldn't be better used for parts. That could be considered blasphemy to Jaguar enthusiasts and the investors may frown upon me too considering the fact that number one examples of these cars go for well over $100k. Maybe I am just getting lazy, but it looks like too much work for me...