Market Watch: Jaguar saloons defy gravity

Just when most of the classic cars that rode this millenium’s value boom hardest are experiencing corrections of various severities, the Jaguar Mk2 is on a charge.

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Our latest Price Guide Movers update reveals that the 3.4 models have surged into the top 20 with an overall growth of 13%. We’ve long thought these the best-value Mk2s, offering 96% of the performance for 80% of the price compared to the 3.8-litre cars.

The latest shift makes rough examples £4.5k, with tidy, usable cars at £10k. Cars in faultless condition are now £22.5k and you’ll need £33.5k for anything approaching perfection. Given how much cooler the market is these days, it may surprise you to learn that the Mk2 3.4’s growth of 13% falls outside the top ten this month with five models moving up by more than 20%.

Price Guide Movers is part of 40 pages of buying tips and advice, including the Hot 30 Cars to Buy in 2020, Quentin Willson’s Hot Tips, Ads on Test and the Buying Guide in the latest issue of Classic Cars.