Rusty Mess Of A Jaguar E-Type Somehow Fetches Almost £42,000 At Auction

Paying over £40,000 ($56,85) in the United Kingdom for a new Jaguar could get you a variety of cars, from the E-Pace and F-Pace SUVs to the XE and XF saloons.

Adding about £10,000 ($14,201) more unlocks the F-Type, a true Porsche 911 challenger that takes just a little over 5 seconds to reach 100km/h (62mph) and hits a top speed of 259 km/h (161 mph).

True Jaguar fans, though, know that one of the hottest vehicles ever is the E-Type. The classic model was described by Enzo Ferrari as one of the most beautiful cars ever made. Properly maintained examples tend to fetch in excess of £60,000 ($85k), whereas the hottest ones exceed the £100,000 ($142k) mark, often selling for more than £150,000 ($213k).

This would make this 1965-made unit quite a steal at £41,625 ($59,112), but as you can see for yourselves, it’s not exactly in pristine condition. Everything is rusty, the interior retains little of the former glory, and the engine is pretty much in pieces. But this hasn’t stopped a bidder from paying the aforementioned sum at the H&H auction last week.

Read: 1968 E-Type Is Fitted With An All-Electric Powertrain, Gets Faster Than The Original

The “garage find”, as the vendor refers to it, is accompanied by the bonnet, has 60,410 miles (97,220 km) on the odometer, and uses a 4.2-liter engine mated to a 4-speed manual gearbox. Plus, it also has matching chassis and engine numbers.

This E-Type Series 1 is definitely going to need a lot of work to be brought back to life, but if done properly, then its value could more than triple.