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United Kingdom market

Jaguar XK120

1948–1954

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  • Lowest price

    £38,600

    Since 2020

  • Median price

    £63,425

    Since 2020 · n=16

  • Highest price

    £184,000

    Since 2020

  • Sold cars

    16

    All time

  • Sell-through

    100%

    Of 16 lots

Jaguar XK120

Based on 16 verified auction results

BUYBottomed Outhigh confidence

£41,250

Market value · recent verified sales

-9.9%

12-month change

Strong Buy

Trend favours buyers right now. Move while supply is loose.

Price has settled around current levels after a decline (12-mo change -9.9%). Often a buy window before recovery.

MSRP

—

Collectibility

7/10

Highly Collectible

3-Year Forecast

£45,181

+10%

5-Year Forecast

£46,525

+13%

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Market scores

44

Desirability

Thin

30

Liquidity

Weak

25

Resale Outlook

Option premiums

What every option is worth.

  • Built ≤ 1953

    −£5,045-8%

    30 with · 13 without · high confidence

Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.

Marque analyst note

The XK120 has retreated to a median of £41,250 in the UK market, representing a sharp 9.9 percent decline over the past twelve months. However, the "bottomed out" signal and high-confidence assessment suggest this downward pressure may have exhausted itself, with modest recovery likely from current levels.

Transaction activity remains sparse, with only three sales recorded in the trailing year against a sixteen-sale historical sample. This thinness is typical for early British sports cars at this tier and limits price discovery, though it also means motivated sellers face meaningful friction when liquidating stock.

The XK120 sits firmly in the highly collectible bracket with a score of 7, supported by its status as an appreciating classic and its historical significance as Jaguar's first production sports car. Production of 12,055 units over its manufacturing run positions it as accessible relative to lower-volume contemporaries, yet scarcity enough to retain collector interest.

Transaction-level data on mileage and condition are not available from current sales, making it difficult to pin down how wear and originality are currently pricing within the market. Buyers and sellers should expect that condition variance will be material given the model's age and the wide range of preservation standards likely across existing examples.

The base projection calls for a climb to £45,181 within three years and £46,525 within five, implying annualized gains of roughly three percent. This modest upside reflects the XK120's established collector position and steady long-term demand, tempered by its moderate desirability relative to higher-profile British sports cars and its current thin trading environment.

Depreciation Benchmark

  • Current avg value£41,250
  • Annual appr. rate-9.9%/yr
  • Segment average+3.0 to +9.5%/yr

Vehicle History Signals

  • Auction lots tracked52
  • Damage or salvage declared0 (0.0%)
  • No damage declared52 (100.0%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs

  • Insurance (agreed value)£450
  • Maintenance£1,500
  • Storage£2,400
  • Depreciation— (appreciating)
  • Total annual cost£4,350
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

For sale now · 1 live

All live deals

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months3
  • Sell-Through19%

Market Snapshot

  • Active Listings0
  • Avg Sale Price£67,681
  • Avg Mileage at Sale—
  • Recent Price Range£38,600 – £184,000
  • Total Sales Tracked16

Recent sales

Showing latest 16
  • £48,500

    Collecting Cars · 17 Jul 2026

  • £41,250

    the-market · 18 Mar 2026

  • €184,000

    bonhams · 12 Oct 2025

  • £38,600

    Collecting Cars · 8 Sept 2025

  • £50,000

    Collecting Cars · 17 Jun 2025

  • £39,000

    Collecting Cars · 19 May 2025

  • £61,350

    Collecting Cars · 3 Aug 2024

  • £56,000

    Collecting Cars · 8 Mar 2024

  • £55,700

    Collecting Cars · 12 Sept 2023

  • £65,500

    the-market · 16 Sept 2021

Common questions

What is a Jaguar XK120 worth in 2026?

The current United Kingdom market median is £41,250, based on 3 verified auction sales. Recent sales ranged from £38,600 to £184,000.

Is the Jaguar XK120 going up in value?

Over the last 12 months its United Kingdom median moved -9.9%. Past movement is not a guarantee of future value.

How many Jaguar XK120s are for sale right now?

We track 1 live auction listing for this model right now — each priced against the market median on this page.

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.