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Jaguar Classic's 3.8-liter engine block costs nearly as much as a new Jetta

Jaguar is helping collectors restore its vintage models by resuming production of the 3.8-liter six-cylinder engine block it built between 1958 and 1968. Called XK, the straight-six originally powered half a dozen models (including the famous E-Type), and its modern recreation costs nearly as much as a new compact sedan. Wearing part number C22250, the cast-iron block is built to the original's specifications by Jaguar's Classic division, and it comes with a 12-month warranty. Sourcing a used block would likely be markedly cheaper than ordering a new one from the factory, but enthusiasts who value originality above all will appreciate the fact that it comes certificate of authenticity. Customers who send the company proof of vehicle ownership can even retain the serial number from the engine they're pulling out, though an asterisk will identify it as a replacement. Jaguar built the XK engine for several decades, but the 3.8-liter variant only remained in production for 10 years. It powered cars like the surprisingly quick XK 150 roadster, the stately Mark IX and early examples of the E-Type, though its displacement grew to 4.2 liters in 1964. As of this writing, only the 3.8-liter XK is available new. If the E-Type you're painstakingly restoring deserves nothing less than the best, or if you think a 3.8-liter block makes an awesome coffee table, you'll need to send Jaguar a check for GBP14,340 including taxes, a sum that represents approximately $17,800 at the current conversion rate. Enthusiasts will also need to source pistons, connecting rods, a crankshaft and a complete cylinder head, among many other parts, so the cost of a full rebuild will lie well beyond the $20,000 threshold. For context, Volkswagen charges $18,895 for an entry-level Jetta. Related Video:

Cars with the worst resale value after 5 years

While the old saying that cars lose a massive chunk of their value as soon as they’re driven off the dealerÂ’s lot might not be entirely true these days, most new vehicles steadily lose value as they age and are used. iSeeCars recently released its latest study on depreciation, finding the models that lose value the fastest, and the list is packed with high-end nameplates. The vehicles that lost value the fastest over five years include: Maserati Quattroporte: 64.5% depreciation BMW 7 Series: 61.8% Maserati Ghibli: 61.3% BMW 5 Series Hybrid: 58.8% Cadillac Escalade ESV: 58.5% BMW X5: 58.2% Infiniti QX80: 58.1% Maserati Levante: 57.8% Jaguar XF: 57.6% Audi A7: 57.2% While sports cars, hybrids, and trucks dominated the list of slowest-depreciating vehicles, luxury brands accounted for all of the top ten fastest-depreciating models. iSeeCars executive analyst Karl Brauer also pointed out EVsÂ’ lack of representation on the slow-depreciating vehicles list, saying that thereÂ’s a disconnect between what automakers are building and what people actually want. The average five-year depreciation for all vehicles in the iSeeCars study was 38.8 percent. ThatÂ’s an almost 11% improvement over 2019Â’s figures, but some vehicle types perform worse than others. EVs depreciated 49.1 percent over five years, while SUVs dropped 41.2%. Trucks only fell 34.8% and hybrids 37.4%. Brauer noted that all vehicles depreciate slower than they did five years ago. Even so, EVs are not the best choice if youÂ’re looking for a vehicle that wonÂ’t feel like a ripoff when itÂ’s time to trade in. On the flip side, used EVs can present a stellar value, saving thousands over their new counterparts. Charging times and availability remain concerns for buyers in large parts of the country, but a heavily depreciated EV could be the used car value youÂ’ve been looking for. The same wisdom applies to used luxury vehicles, as the list above indicates. While new-car buyers shopping for luxury cars are set to see big depreciation during their ownership, that means the used car market is flooded with inexpensive used luxury cars. High repair costs and costly maintenance schedules are real issues that used luxury models face, however. Green Audi BMW Cadillac Infiniti Jaguar Maserati Car Buying Used Car Buying

1965 Jaguar Series 1 E-Type Roadster shows what Classic Works can do

You might have heard that England's Queen Elizabeth recently celebrated 70 years with a four-day Jubilee throughout London. You might also have heard about the Platinum Jubilee Pageant that stretched nearly two miles long, featuring thousands of performers and a whole lot of cars. More than a dozen of the vehicular contingent came from Jaguar alone; the brand has a long history with the royal family, Jaguar Land Rover being one of four automakers possessing a Royal Warrant to provide motorcars to the queen. And Jaguar wanted to highlight this participant among its phalanx, a 1965 Series 1 E-Type Roadster restored by Jaguar Classic Works.  It doesn't have any connection to the queen, but billed as a showcase of "the full capabilities of Jaguar Classic and ability to comprehensively update E-types," it could be taken as a small indicator of how much more the automaker could do for monarchs. A private customer went to Jaguar Classic Works with a request for an E-Type built the year he was born, the final product to be "relied upon for daily driving and be comfortable on Grand Tours while remaining authentic to the original."  First, fixers fanned out, locating an example built two days after the new owner was born. Its pathetic condition posed no problem for the restorers in Coventry, who didn't leave anything alone during the 12-month build. Going by the before picture, technicians started by swapping the original left-hand drive for right-hand drive. They bored the original 4.2-liter engine to 4.7 liters and undisclosed power, "optimised for road driving." The mill's output is sent through a sport manifold and exhaust and a custom five-speed manual transmission. The gearbox is an in-house Classic Works production originally created for the E-Type 60 Edition that delivers "a smoother, quieter and more refined driving experience." Wider wheels and tires, and more powerful brakes, are bolted to an upgraded suspension.  The cabin and sheetmetal received attention worthy of the mechanicals. The exterior is drenched in a custom blue based on the Union Jack that took months to perfect; in-the-metal pictures at Coventry Live show just how lustrous the paintwork is. The red interior recalls the red of British pillar boxes, their term for mailboxes.