Monday 20 August 2018

Buying a Type-S Jaguar

My first car was a 1960 Mk II Jaguar that I was given for my 18th birthday. My father had bought it second hand to use in England while we were there for nine months in 1976 on a posting (he was an airline pilot), and he had it shipped back to Australia with us (he got a subsidized shipping rate). We eventually had it restored (some rust in the door panels cut out and a respray, plus all the seats redone with new Connolly leather, the chrome re-done and wire wheels added). I used it to drive to university and work during the early 80s, and my dad used it to bring DW to our wedding. I eventually bought another car for day-to-day commuting, as the old Jag was a getting a little bit unreliable, and the manual shift was tedious to use for hours each day in peak hour traffic.

A Mark II Jaguar similar to mine
A Mark II Jaguar similar to mine
My current commuter car is a 4WD Ford Escape that I bought new in 2006. It still runs fine, but I decided I might get a more 'luxury' vehicle to use as a financial adviser (although a) I haven't finished my DFP yet, b) I haven't started a financial planning business yet, and c) I'm not sure if having a 'posh' vehicle makes one look like a successful financial planner, or just one that is 'ripping off' his clients?). Anyhow, I was originally looking at some 2008-2010 Type-X jaguars, as they look quite nice and only cost $5,000-$10,000 depending on condition and mileage, but then I decided that the older Type-S looked a lot nicer and were more 'luxury' for the same sort of money.<- a="" ii="" jaguar="" mark="" mine.="" p="" similar="" to=""> 

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A Type-S Jaguar similar to the one I'm buying
I eventually found a 1999 Type-S for sale (asking $9,500) that had only done 120,000 km. As the vehicle registration was about to expire, I suggested a price closer to the 'redbook' valuation of $5,700-$7,900 was more appropriate, so eventually the owner agreed to sell it for $7,900 and to also get the registration renewed for 12 months before I buy it. It comes with a removable tow-bar already installed, which might come in handy when I go up to the lake house and need to tow a small box trailer or our boat. The car has a few minor scratches on the front and rear bumper bars, a small dent at the back of the roof, and the electrochromatic rear-view mirror is permanently 1/3 black (apparently these type of mirrors are prone to faults, but as a second-hand replacement mirror costs around $150 I'll just live with it 'as is'). The interior leather is all in very good condition, and the rear seats looking as if they've never even been used.

I took it for a short test drive, and the owner says it runs fine, so hopefully it won't cost a fortune to maintain. Anyhow, at under $8,000 it seems pretty good value for money, especially considering it was originally bought for $133,000 in 1999! I've paid a $2,900 deposit, and I'll EFT the remaining $5,000 when I collect it next week after the registration has been renewed.

By strange coincidence the Mark II Jag I have is one year older than I am, and this one is one year older than DS1 ;)

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