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Jaguar · 1959

Mk2 3.8

Manual · RWD · United Kingdom

3.42.4

AutoIndex value · good UK car

£45,000

Researched from UK sold prices and auction results. How we value cars

Estimated price by condition

Project

£27,000

Restoration candidate

Driver

£45,000

Good usable example

Concours

£67,500

Show standard

Indicative condition bands · not a valuation of a particular car

Price check

Looking at a Mk2 3.8 for sale? Is it a good price?

Buyer’s notes

About the Jaguar Mk2 3.8

The 3.8 was the largest-engined Mk2 and the most numerous: about 30,140 were built between 1959 and the autumn of 1967, when the 3.8 was dropped and the smaller engines continued as the 240 and 340.

What moves the price

  • Structure: sills, front chassis legs and rear spring mountings are costly to repair properly.
  • Engine condition: a 3.8 rebuild is a larger job than on the smaller engines.
  • Originality and history, as many Mk2s have been modified or uprated.

Before you buy, check

  • The sills and A-posts, the front chassis legs and jacking points, and the rear spring hangers and Panhard rod mounting.
  • Blue smoke, which on a 3.8 can mean a rebuild with the cylinder liners removed to check the water jackets.
  • Oil under the car from the rear crankshaft seal, and a gearbox that does not jump out of gear.

Facts checked against: Wikipedia · secret-classics.com · classicsworld.co.uk · insurance.goodwood.com

The car

Vehicle data

Specifications

From 1959

Performance

Engine3.8L
Power220 hp
Torque325 Nm
0–60 mph8.5s
Top speed125 mph
Kerb weight1,524 kg
TransmissionManual
DrivetrainRWD

Production

Total built30,141
Notable variants3.4, 2.4

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Jaguar Mk2 3.8: value questions answered

How much is a Jaguar Mk2 3.8 worth?
A good, usable UK example of the Jaguar Mk2 3.8 is worth around £45,000 on the AutoIndex index. A project car that needs restoration is nearer £27,000, and a concours-quality example around £67,500. Condition moves the price more than anything else.
What makes one Mk2 3.8 worth more than another?
  • Service history and paperwork — complete, stamped, explained
  • Mileage against the norm for the model
  • Originality — matching numbers, original paint and trim
  • Specification — gearbox, colour, factory options
  • UK-supplied versus imported
Is the Mk2 3.8 I'm looking at fairly priced?
Enter its asking price and condition in the price check above. It compares the price with the index for that condition and tells you what to ask the seller about.
How many Mk2 3.8 cars were built?
Around 30,141 were built, by our production records.
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