Wow!! Who put that kind of estimate on it - the auction house?. A nicely restored car by the looks of it, but it's an 1800E in not a particularly attractive colour (although very period, I admit). I believe there's a silver grey early Jensen-built car also on the market somewhere at £45k. This is Jag Mk11 3.8l territory and a little bit more would buy you a good XK150 or E-type FHC.
I certainly wouldn't keep a car of this value in a lock-up !!
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