24 January, 2017

Record Sale for Jaguar E-Type

A super rare Jaguar E-Type has just become the most expensive E-Type ever after selling for a staggering £6m at a Bonhams auction in Scottsdale, Arizona.

The rare 1963 E-Type is one of just a dozen of Jaguar’s ‘lightweight competition’ models, a legendary car that was designed to be the most streamlined and lightweight E-Type yet, specifically to beat Ferrari on the track.

The Story of the £6m E-type

This E-Type has been preserved by 3 owners and been driven just 4,000 miles since it first rolled out of the factory, including winning the 1963 Australian GT Championship.

The completed car was first shipped to Australia on October 20, 1963, reaching Melbourne the following month. On December 8, the Lightweight debuted at the Calder track in Victoria, setting a lap record of 51.8 seconds whilst winning the Australian GT Championship race.

It is powered by a 3.8-litre engine reaching more than 300bhp, which means that it’ll get you from 0-60mph in six seconds before reaching a top speed of more than 150mph.

The Six Lost Models

The car was the 10th manufactured from the production run of 12 cars, however, Jaguar originally intended to build 18 and in 2014 the British company announced it would build the remaining six ‘lost’ Lightweight models to the exact specification of the 1963/64 models.

These six were quickly snapped up for more than £1m each but they are some way behind the prices the originals can fetch at auction, especially as there is now only believed to be 11 left.

As some of the most successful and iconic sports-racing cars ever produced, they are among Britain’s most celebrated cars and rarely come up for sale, let alone in such fantastic condition and almost completely original.

1963 Jaguar E-Type Lightweight Competition Specification

  • 3,781cc DOHC All-Alloy 6-Cylinder Engine 
  • Lucas 2MDC6/M Fuel Injection
  • 293bhp at 5,750rpm
  • 4-Speed Manual Close-Ratio Gearbox
  • 4-Wheel Independent Suspension
  • 4-Wheel Disc Brakes – Inboard Rear

Jaguar E-Type's Legacy

The Jaguar E-type proved to be one of the most successful and iconic sports cars ever produced and the Lightweight E-Types were dubbed GTO killers because they were faster on most tracks than the legendary Ferrari 250 GTO.

This lightweight model sold for between 50 and 100 times more than a standard E-Type, which was famously called the best-looking car in the world by Enzo Ferrari.

Jaguar - The Record Breakers at Auction

The car broke world records when it sold for a massive £6,002,681 inc. premium, becoming both the most expensive E-Type and post-1960 Jaguar.

It still doesn’t come close to the most expensive Jaguar ever, that honour goes to the £16.65m D-Type which became Britain’s most expensive car when it sold at auction last year.

Final Words

Explore the history of Jaguar in our article "Britain's greatest car manufacturer Jaguar". Where you will get to find out which legendary car designer quoted the Jaguar E-Type as the most beautiful car ever made.

A super rare Jaguar E-Type has just become the most expensive E-Type ever
Super rare Jaguar smashes records in £6m sale
Super rare Jaguar smashes records in £6m sale