The smashed-up classic sports car has been in storage in the owner’s garage since it met with the accident, waiting to be restored to its former glory. According to the owner, no attempt has been made to start the engine since the crash and has decided to part ways with the Jag which has been a part of the garage since 1971. The rare Jaguar will be on offer at the upcoming Bonhams MPH Auction that is scheduled to take place on 22 May.
The auction house has put a pre-sale estimate of the XK150 Drophead Coupe between £10,000 to £15,000 (roughly $14,000 to $20,000). However, the auctioneer claims that the banged-up classic car looks ‘worse than it is’ and could be a great opportunity for a car collector or even a restorer to grab hold of the rare automobile. The Jaguar could be worth up to £250,000 (about $350,000) if it is properly restored, states the official description.
The Jag in its former glory.
Jaguar built 2,672 examples of the XK150 at its Coventry assembly plant between 1957 and ‘61. Only 262 units of the 3.8 S version were produced out of which only 69 were right-hand-drive Drophead Coupes, making the smashed-up Jag up for sale truly special. It is powered by a 3.8-liter straight-six-cylinder petrol engine that produced 265 horsepower when new. It took 7.3 seconds to reach 60mph from a dead stop and reach atop speed of 136mph.
[On auction at Bonhams]