22 November 2016

eBay find of the week: Gray grand tourer or lead balloon?

As an avowed bottom-feeder of the classic car world, it’s always fun to see what 16 years of depreciation will do to make interesting and desirable cars affordable. Today, my eBay find is a 2000 Jaguar XKR Convertible.

Back in the day, one of these beauties would have cost nearly $90,000 (coupes started at $79,465 and convertibles at $84,715) plus options. The Buy-It-Now price, $14,950, is less than 18% of that price for a seemingly clean example with only 49k miles.

The standard XK8, which this car is based on, was already an elegant, modern homage to the famed E-Type. The XKR was styled a bit more aggressively (larger wheels, mesh grille, some additional hood vents and a tiny rear spoiler) but kept it all classy in an understated British fashion. Kids may find the DVD-based navigation graphics “quaint” in an Atari 2600-retro way, but the rest of the interior follows the English wood and leather theme perfectly.

Not so understated was this model’s performance. Thanks to its 370-horsepower supercharged 4.0-liter V-8, Car and Driver clocked one from 0-60 in 5.2 seconds and noted its top speed was electronically limited at 156 mph. These were heavy luxurious cars. Long-term maintenance costs won’t be cheap, so consider this a mild bargain on the front end.


21 Reader Comments

  • 1
    David Seidman Winnetka Illinois November 23, 2016 at 15:40
    Good price, IF it checks out well and shows timely maintenance performed. Important to know that you should maintain as if buying a $90K car, NOT a $15K one.
  • 2
    Enrico Crocetti New York November 23, 2016 at 16:23
    I had a 2006 XK8. A sweet car. I did find the technology tired even in 2012 when I had it.
  • 3
    Jay Skinner Spain November 23, 2016 at 16:34
    One of my favorite cars specially the 63 XKE
  • 4
    LUC LIMBOURG Wellington, FL November 23, 2016 at 18:01
    Can't go wrong with a find at that price. Not quite the racy design ever since Tata blew new life into the Jaguar brand, and the wallnut/grey (ph)leather combination is definitively outdated but should be a really fun drive!
  • 5
    Gale Santa Monica November 23, 2016 at 18:20
    I have kept my xk8 since new. I have 106,000 miles and the car has been nearlt flawless. It's not an "R" but runs great. Trade in value was so low i kept the car. It's a great Jaguar ride. I would rate it a good driver. Don't know about investment value. A great value.
  • 6
    Michael Crews Lincoln, AL November 23, 2016 at 18:21
    I am a 14 month owner of an pacific blue 01 XK8 convertible with 45k miles. All required maintenance including the plastic tensioners had already been done. $11,250. I do all regular maintenance myself and most anything that can go wrong. This is a dream car on the used market! So is your XKR! Why drive a used chevy for the same price? :-)
  • 7
    Russ S Oregon November 23, 2016 at 18:22
    I briefly owned a beautiful green example of a 99 XK8. That dream quickly became a nightmare when the lack of parts availability and absolutely astronomical parts prices, coupled with very poor build quality for a car of this pedigree, caused me to sell it in under a year at a hefty loss. positively gorgeous design to look at, wile parked in someones garage awaiting repairs.
  • 8
    Gale Santa Monica November 23, 2016 at 18:22
    I have kept my xk8 since new. I have 106,000 miles and the car has been nearlt flawless. It's not an "R" but runs great. Trade in value was so low i kept the car. It's a great Jaguar ride. I would rate it a good driver. Don't know about investment value. A great value.
  • 9
    Jack Ballard Mercer PA November 23, 2016 at 18:29
    Don't know about the R supercharged model, but I have owned a 2001 xk8 for 4years now and it has been as reliable as a Chevy or Ford. So the statement "long term maintenance costs won't be cheap" I feel is rather inaccurate.
  • 10
    Everett Foster Oregon November 23, 2016 at 18:44
    Great looking XKR, I have a 2003 XK8 convertible that is in concours condition and love to drive it. I have always wanted the R model, but am satified with my 4.2 engine..good motoring.
  • 11
    cargazm long Island NY November 23, 2016 at 21:53
    I had one of these, also with low mileage.(30,000) A major money pit ... as bad as a boat!! but she sure was Beautiful. A day without a warning light lit on the dashboard was a good day indeed.THE GHOST OF LUCAS??? Besides the electrical gremlins ( as in...3 alternators / voltage regulators within 2 years)there were lots if other electrical nightmares to deal with. And then there was the timing chain tensioner issue, best described as a TIME BOMB. an accident waiting to happen... it seems that Jaguar used timing chain tensioners made of NYLON during the Ford years ... and they tend to disintegrate. If you don't invest about $2500 to $3000 (with suggested water pump )to have a Jag specialist (even more at the dealer) replace them with metal ones, you could have a catastrophic engine failure.. as in the pistons would hit the valves.My mechanic felt that "you can throw the car away if that happens" I just didn't like the idea of taking apart a rather complex engine with only 30K miles on it. I didn't do it. I lived with the"possibility" of a total failure each time I drove it. The top mechanism ( entirely done with hydraulics) was also overly complicated: even the top latch was hydraulic. The pump wasn't great and the lines were also suspect. I was afraid to put the top down.... TIME TO SELL!!!! Like a boat; the 2 happiest days: the day you bring it home and the day you cut it loose.
  • 12
    James Hayton Palm Springs ca November 23, 2016 at 23:50
    What a great car for the money! Beautiful! Having checked top to bottom a wise investment here!!!
  • 13
    Howard philadelphia November 23, 2016 at 23:55
    In May, I bought a 2006 XJ8 LWB Vanden Plas with 47,000 miles on it in immaculate cosmetic condition and only needing tie rods. I have put 6,000 miles on it, and I have to say that these cars were undervalued when new, being beaten out of the market by the then better thought of Audis and it is a better value now, but it is a great car with a wonderful ride, silent cosseting interior, and it handles better than it has a right to for riding on what is predominantly a Lincoln towncar suspension and rear axle. Jags of the Ford-uar period are possibly the best deals in the used luxury car segment. Love mine! The buy worked out very well.
  • 14
    Peter California November 24, 2016 at 13:06
    The first few years of the Jaguar 4.0 V8 had timing chain problems. I think it was 2001 and later models that resolved the problem. Someone buying a 1998 - 2000 model should verify that the upgrade work has already been done.
  • 15
    Steve Lowen Scottsdale, AZ November 24, 2016 at 16:11
    Jaguars are interesting autos that exude personality. They can be slightly pricey to maintain, but the parts are available and the physic reward makes it worth it. I have two presently and have eight over the years.
  • 16
    Bob Markovich Patterson NY November 24, 2016 at 08:52
    I've always admired these late-90s/early 00 XKs for their sleek-yet-retro beauty and certainly their performance. While 290 hp for the base XKs and 370 hp for the blown versions sounds paltry compared with the 600-plus figures common today, these things really moved. Given the fact that you risk arrest at speeds over 80, perhaps the horsepower wars have gone a bit too far ...
  • 17
    John Key West, FL November 24, 2016 at 00:49
    Caution tho .... I had a gorgeous '97 XK8 with 66 thousand miles and a timing chain broke (there are two). My regular mechanic wouldn't touch it - there are special tools required for this job on this engine exclusively - and the nearest Jag dealer estimated $5,500 plus a flatbed ride. I ended up selling the car for parts.
  • 18
    Kamel S. Bahary Pearl River, New York November 25, 2016 at 17:37
    Could you tell me the market value of my 1967 Chrysler Imperial two door coupe. approximately 37000 miles
  • 19
    Michael Ohio November 25, 2016 at 10:29
    Steve - Great article, good logic. For $15K one could acquire a fantastic grand touring machine that would deliver many miles of driving pleasure with minimal depreciation. It would not be inexpensive to maintain, but good maintenance is the key to retaining value. Thanks for the article!
  • 20
    John Houston December 3, 2016 at 14:34
    I owned a XK8. They are beautiful cars, used models are not very expensive and are not so commonly seen as Corvettes. To be safe, however, I would never buy a pre-2002 model because of the Nikasil engine and the possibility of the associated problems with those engines that used poor fuel.
  • 21
    Jonathan Kansas February 4, 2017 at 12:33
    Acquired a 2000 xkr conv in white for $6600 with 158xxxmiles in Tulsa 2015

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