Expert Quoting

We do not only crunch data to provide you insights on the outside market. We are passionate Classic Car enthusiasts. The ADEMY team includes top-notch experts of the Classic Car market you can rely on to get a specific insight and evaluation of a specific Classic Car you may be interested in buying or selling. We can support you in understanding:

  • Liquidity: how easy or difficult it is to place your Classic Car on the market
  • Originality: how original and valuable the vehicle you are interested in buying or selling actually is
  • Quote: a precise estimate of the minimum and maximum price you can expect to realize or pay on the Classic Car you are interested in
  • Auction preparation pricing: supporting auction professionals correctly setting their clients expectations in order to maintain the auction selling ratio over the target by estimating Minimum, Maximum and Reserve price for his/her car(s). It can be done using the past selling value by Make & Model adjusted with the timed trends by country.

The above Quoting Service can be supplied:

  • Web-based: send us the pictures of the Classic Car of your interested and we will give back a preliminary assessment of its value range and liquidity;
  • Live expertise: no Classic Car analyst worldwide can claim to be expert of any car due to the immensely large Make-Model-Series combinations available since the end of the XIX century. We have a worldwide network of specialized experts by Makes and Models. So contact us to set a meeting with one of our Classic Car experts and get a focused assessment of your vehicle and a detailed quote specifically for it. See sample.

Sample Jaguar XK120 Quoting Analysis
Sample of a specific selected model answering to the question “Should I invest my money on a Jaguar XK120”? This British sports car is one of the most iconic cars produced by Jaguar and has a large fan base. By the ADEMY database, 12,045 XK120s were produced (see the following table):

Year

OTS RHD

OTS LHD

FHC RHD

FHC LHD

DHC RHD

DHC LHD

1948

1

1949

25

70

1950

492

1026

1951

411

700

2

214

1952

110

1590

2

1357

1

1953

107

1203

107

731

167

1102

1954

24

1847

84

175

127

370

Total

1170

6436

195

2477

295

1472

The OTS (or Roadster) is by far the most prolific model, with 7,606 out of 12,045 (63.15% of the total). Just 2,672 FHCs (22.18%) and 1,767 DHCs (14.67%) make up the rest. The split is reflected in the market, as about two third of the cars sold are Roadsters. Since 2006, 201 out of 296 XK120s offered were Roadster (67.90%), just 58 were FHC (19.59%) and 37 were DHC (18.41%).

Tip #1: OTS is by far the most common XK120 model; open cars have more than 80% of the auction market.

During the ‘50s William Lyons embraced the “Export or die” motto, and produced a huge quantity of cars in left-hand-drive: 10,385, specifically 86.21% of the total production. There were five LHDs (left-hand drives) for every RHD (right-hand drive) build. The ADEMY’s database shows 123 RHDs, 41.55% of all cars offered in the last 6 years. Only 56.98% of the cars offered at UK auctions were sold, though 65.57% of cars offered abroad found a new owner.

Tip #2: RHD were very rare but now are as common as left-handers. LHD, however, seems easier to sell.

Keeping currency change at the same rate and using euros for ease of comparison (€ 1.15/£ 1.00 and $ 1.25/€ 1.00), the results show that Americans and Europeans pay more for open cars, while British prefer fixed-heads. The average sale price for FHC is €64,795 in UK and €58,707 abroad (-10%) but for drop-head versions, there is a difference of at least 30%: DHC is worth €52,680 in the UK and € 67,381 abroad (+30,29%); the Roadster versions are worth just € 61,922 in England but €99,982 in the US and EU (+61,46%).
A graph explains this better:

This can be explained with other data: of all fixed-head-coupés, just 7.29% are RHD, which climbs to 15.39% for the Roadsters and 16.69% for DHCs.

Tip #3: Usually XK120s are worth more outside England, but FHCs are an exception. Something to keep in mind when deciding which model to look for and which market to find it.
Price trends since 2006 have been up and down. This chart is based on OTS (blue), FHC (red), DHC (green):

Based on the results it would be very difficult to project trends for the next months or years but it is clear that DHCs have moved down since 2008, with values of €57-58,000. FHCs are bizarrely moving up in odd years and down in even years. Conversely, OTSs have moved up in ‘even’ years and down in ‘odd’ years. Strange coincidences apart, FHCs and Roadsters are moving up as a trend, with a +26% for OTS and an even better +81% for FHCs.

Tip #4: FHCs and OTSs are a strong investment, DHCs may be more of a gamble.

Prices vary with conditions, years and specifications. See table below:

Restoration projects

Ask a restorer, add their bill to the final price

Lots of work done in recent times

+30% of the sum of the bills

SE specifications

+20%

Unrestored examples

+15-55%

Important history

To be valued

Period race history (non-works)

+45-55%

Period race history (official works)

+100% (and more with important results)

 

This analysis does not include the Alloy Roadsters XK120 series. Just 200 were produced between 1948 and 1950 and they are worth at least €230,000.
Attached is the list of chassis numbers based on specifications:

Model

RHD

LHD

OTS

660001 and on

670001 and on

FHC

669001 and on

679001 and on

DHC

667001 and on

677001 and on

S prefix on chassis denotes original SE specifications.

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