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  • Image of Jaguar Buys Private Vintage Car Collection for $170 Million USD

Jaguar Buys Private Vintage Car Collection for $170 Million USD

Longstanding luxury carmaker Jaguar makes headlines today with the purchase of the world’s largest private collection of classic British cars. Curated by one James Hull, a talented dentist with some 50 clinics across the United Kingdom, Jaguar traded an undisclosed amount for a total of 543 cars through its new Special Operations division. Consisting of over 130 classic Jaguars, Hull’s collection includes an MK X owned by the company’s founder Sir William Lyons, Winston Churchill’s Austin, Elton John’s Bentley, racer Mike Hailwood’s E-Type and so much more. Expected to be used to promote its historical influence at special events around the globe, Jaguar confirmed that the collection will remain intact in a new facility at its historical home in Coventry for the foreseeable future. Although the exact sales figure is currently unknown, Hull did mention in a press release, “My primary motivation was not to get the maximum price, but rather to secure the future of the collection in this country with the right custodian.”

Date: Jul 28, 2014  /  Views: 6583  /  Author: Staff  /  Source: Autoblog
Category: Lifestyle  /  Tags: Automotive, Jaguar, Automotive news