1967 Jaguar 340

11 Bids
8:15 PM, 27 Sep 2023Vehicle sold
Sold for

£18,428

(inc. Buyer’s Premium)

Background

PLEASE NOTE NEW AUCTION PREMIUM 7% + VAT UNCAPPED.

‘The original and best’ is often used to describe classic cars – and it’s usually right. The Series 1 E Type Jag, the original Datsun 240Z, the early Vauxhall Zafira… okay – it doesn’t always hold true but there are several examples of designers’ original concepts becoming slowly watered down as a car is facelifted and fiddled with. But the Mk2 Jag is the exception that proves this rule, as it’s unquestionably a better car than the one it replaced.

The Jaguar 2.4, later known as the Mk1, was a mid-sized saloon that brought the Jaguar marque to a new audience, and it was by no means a bad car. The hefty Mk VII, VIII and IX made better limousines than sports saloons, and though the much smaller, nimbler 2.4 offered four-door Jags to a wider fanbase, they weren’t exactly road burners with just 112bhp. The 3.4-litre version, launched in 1957, changed all that.

But the compact Jag really hit its stride with the raft of changes brought in by the Mk2 in 1959: a bigger glass area, a better interior, a wider rear track for improved roadholding, and standard four-wheel disc brakes. Oh, and the 3.8-litre version of Jaguar’s masterpiece, the XK engine.

The car of choice for the discerning armed robber in the 1960s, the Jaguar Mk2 is the perfect high-speed luxury express with its decadent interior and sporting chassis. That it’s one of the best-looking saloon cars ever built just adds to its already considerable appeal.

Launched as a full-spectrum, three-model range from the very beginning, the 2.4-litre, 120bhp engine formed the bedrock of the Mk2 line-up, with the performance-oriented customer able to choose between 3.4-litre and 3.8-litre engines that offer 210bhp and 220bhp respectively, a power level that offered the well-heeled driver more performance than anything else in its class.

And on top of that gem of an engine, the Mk2 had independent front suspension and trailing arms at the rear, which offered sparkling handling, while all-wheel disc brakes meant that it stopped as quickly as it accelerated.

In fact, the chassis and engine were so far ahead of their time that it was raced very successfully in period by luminaries such as Denny Hulme, Roy Salvadori, and Duncan Hamilton.

Suddenly Jaguar had the fastest production saloon car in the world. Everyone wanted one: respectable bank managers, less respectable nightclub barons, sporting family gents with stringback gloves. The Mk2 defined the term Sports Saloon for the 1960s. The very last of the Mk2 models like this one were all fitted with a lusty 3.4-litre XK engines and sold as Jaguar 340s.

Key Facts


  • Fresh from a 2 year recommission
  • Presented in Opalescent Silver Grey over Red Ambla
  • Great History File

  • TBC
  • 89689
  • 3400
  • auto
  • Opalescent Silver Grey
  • Red Ambla
  • Right-hand drive
  • Petrol

Vehicle location
Middlesbrough, Cleveland, United Kingdom

Background

PLEASE NOTE NEW AUCTION PREMIUM 7% + VAT UNCAPPED.

‘The original and best’ is often used to describe classic cars – and it’s usually right. The Series 1 E Type Jag, the original Datsun 240Z, the early Vauxhall Zafira… okay – it doesn’t always hold true but there are several examples of designers’ original concepts becoming slowly watered down as a car is facelifted and fiddled with. But the Mk2 Jag is the exception that proves this rule, as it’s unquestionably a better car than the one it replaced.

The Jaguar 2.4, later known as the Mk1, was a mid-sized saloon that brought the Jaguar marque to a new audience, and it was by no means a bad car. The hefty Mk VII, VIII and IX made better limousines than sports saloons, and though the much smaller, nimbler 2.4 offered four-door Jags to a wider fanbase, they weren’t exactly road burners with just 112bhp. The 3.4-litre version, launched in 1957, changed all that.

But the compact Jag really hit its stride with the raft of changes brought in by the Mk2 in 1959: a bigger glass area, a better interior, a wider rear track for improved roadholding, and standard four-wheel disc brakes. Oh, and the 3.8-litre version of Jaguar’s masterpiece, the XK engine.

The car of choice for the discerning armed robber in the 1960s, the Jaguar Mk2 is the perfect high-speed luxury express with its decadent interior and sporting chassis. That it’s one of the best-looking saloon cars ever built just adds to its already considerable appeal.

Launched as a full-spectrum, three-model range from the very beginning, the 2.4-litre, 120bhp engine formed the bedrock of the Mk2 line-up, with the performance-oriented customer able to choose between 3.4-litre and 3.8-litre engines that offer 210bhp and 220bhp respectively, a power level that offered the well-heeled driver more performance than anything else in its class.

And on top of that gem of an engine, the Mk2 had independent front suspension and trailing arms at the rear, which offered sparkling handling, while all-wheel disc brakes meant that it stopped as quickly as it accelerated.

In fact, the chassis and engine were so far ahead of their time that it was raced very successfully in period by luminaries such as Denny Hulme, Roy Salvadori, and Duncan Hamilton.

Suddenly Jaguar had the fastest production saloon car in the world. Everyone wanted one: respectable bank managers, less respectable nightclub barons, sporting family gents with stringback gloves. The Mk2 defined the term Sports Saloon for the 1960s. The very last of the Mk2 models like this one were all fitted with a lusty 3.4-litre XK engines and sold as Jaguar 340s.

Overview

This lovely 340 is fresh from a two year recommissioning process carried out by the current owner. The previous owner had the Jag for a total of 19 years and spent considerable time replacing everything underneath that it needed, including the floors, crow’s feet and various repair panels. The current owner says all the work has been carried out to such a high standard that the underside looks almost factory fresh.

With the powerful 3.4-litre straight six XK engine and a freshly serviced automatic gearbox this classic Jaguar is just waiting to blast you across continents, round winding B-roads, or simply to a country pub for a pint and a roast lunch.

Exterior

Despite the car’s sound condition the current owner wasn’t happy with the finish and fit of the external panels, so undertook a full body strip down. Every piece of external trim was removed, along with the interior and the doors, boot lid and bonnet. Following this the full shell and all the panels had a gentle soda blast to remove all the original paint.

It was discovered that the front nearside wing had had a piece leaded into its top section that the current owner wasn’t happy with, so this repair was redone. In addition, two small repairs were cut out from the lower window frame and the repair re-executed.

The boot lid had a few minor holes below the paint along the bottom edge so this was cut out and replaced as a whole. The body itself though looked as solid as it appeared before the paint was removed. The shell and all panels were then prepared, etch primed and painted in opalescent silver grey – the Jaguar’s original factory colour.

All the panels were painted off the car, along with the inside of the boot. The inside of the wheel arches and internal floors, along with the underside of the car were painted in body coloured Raptor paint, which gives a high quality finish but also protects against stone chips.

All of the external chrome trim and lights were then refitted along with various new lenses and every single exterior rubber gasket and seal was replaced, including all the door seals and front and rear window rubbers. Finally, all the door shuts were adjusted and gapped correctly.

The wheels have been powder coated in the original colour to match the body work.

The 340 looks lovely in its Opalescent Silver Grey paint, which shines with a deep lustre. The matching wheels are also in superb shape, although the Avon tyres look a little old – we’d recommend a new set before any spirited driving.

Some of the brightwork shows a little crazing in places and there are a few marks on the underside of the offside front bumper, for example, but most importantly the bodywork itself looks lovely, so if the new owner wanted to bring some of the chrome parts up to the same standard, it’s a task that could be completed as and when.

Interior

In line with the bodywork and exterior refurbishment, the interior has also had a complete rebuild. The following works have been carried out.

New column stalks fitted.

Headlining fully retrimmed.

All fur flex door seals replaced.

New underlay and insulation below all carpets.

Full high quality carpet set in its original colour supplied by Aldridge Trimming.

All walnut veneers refurbished and relacquered.

All interior trim including all seats, door cards, transmission tunnel and kick boards have all been refurbed in their original colour.

There’s little to beat a Jaguar interior of this period, and the 340’s certainly doesn’t disappoint. It may look slightly brighter in the photographs than it does in the flesh, but either way it’s certainly no grey snore-scape like many a modern car.

The red leather seats are in great shape. all the carpets are new and the lovely wood has been relacquered, so what’s not to like? Throw in the new headlining and the whole effect is superb. If you park outside a bank with the engine running, don’t be surprised if you get your collar felt by The Sweeney.

Mechanical

The current owner bought the car in running and driving condition, and says it had no apparent issues. But because it had been off the road for a long time he ran a compression test on the engine. Happily this showed all cylinders to be within factory tolerance.

He undertook the following work:

Rocker covers removed, gaskets and chrome bolts replaced, as well as new head bolts.

New spark plugs, HT leads and distributor cap.

New oil filter, fuel filter and fuel pump.

Windscreen wiper motor replaced.

New battery.

The braking system has been completely overhauled, including a rebuild of all four calipers, new discs and pads all round, new flexi hoses and fresh brake fluid.

Automatic gearbox flushed, a new filter fitted and fresh ATF added.

New exhaust brackets.

The rear axle has been completely rebuilt with a refurb of the diff, new hubs, all new bearings and stub axles. This constitutes more than £1000 in parts alone.

The engine will be freshly tuned before the auction.

The engine bay itself doesn’t quite scale the cosmetic highs of the bodywork and interior, but the few small area that could be improved are very minor – the odd pipe that needs painting, fixings with surface blemishes – certainly nothing that affects the car’s running in any way. The 3.4-litre XK engine itself looks as iconic as ever, and the correct twin entry air cleaner assembly sits on top of it.

History

The current owner has had this 340 for two years, during which time he’s brought it up to the standard you see here. Prior to that it had been owned by the same enthusiast for nearly 20 years.

The current owner runs a classic car restoration company in north Yorkshire and currently has a lot of work on, meaning this lovely 340 needs to go. He says it’s unlikely he’ll recover the amount of money he’s put into the car, so the new owner will be getting a bargain.

The car comes with a large history file, including the original buff logbook, an invoice from when the previous owner bought the car in 1989, various old MoT certificates, and even the original document from Surrey county council dated 1967, detailing that the numberplate SPH 880F had been issued to a Jaguar 340.

There’s also the original service book with stamps from 1967 to 1973, and the original handbook listing all Jaguar UK service centres, plus a large pile of historic invoices.

Summary

Mk2 Jaguars can sell for many times the estimate on this lovely 340. It’s a solid car that has had a huge amount of work done, and the areas that aren’t quite as nice as the majority of it could be easily improved by an enthusiastic new owner. At this price point, it’s an awful lot of car for the money.

We estimate this car will reach anywhere between £17,000 - £22,000.

Viewing is strongly encouraged, and this lot is located with the vendor in Middlesbrough, North Yorkshire. Viewings are strictly by appointment. To make a booking, please use the Contact Seller button at the top of the listing. Feel free to ask any questions or make observations in the comments section below, and read our ‘Frequently Asked Questions’.

About this auction

Seller

Trade: easypeasy


Viewings Welcome

Viewing is strongly encouraged, and is strictly by appointment. To book one in the diary, please get in contact.

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