Equipment
Flat lens headlights. Pretty clear history of multiple owners but little use. Repainted in 84, has its original engine back after a while with XK 150 power. Mostly original, which is very unusual for an alloy XK 120.
Market commentary
Its unlikely this very original, but aged, alloy XK 120 will long remain in this condition, a restoration almost surely being in its future after which it will be worth something more than $100,000. That qualifies its purchase here as a good value.