Cars for Stars News

Elton John’s vintage jaguar sports car will go under the hammer next week with a guide price of between £50,000-£70,000 set on the vintage vehicle.

The red sports car was first bought by the flamboyant star back in 1987 and the singer’s mark is still imprinted on the Jag as it still bears the personalised number plate “OKE1” which stands for “OK Elton”.

The Rocket Man singer eventually sold the Jaguar E-Type back in 2001 at Christies Auction organised by himself, with the vehicle fetching £81,000. However the new owner looks set to make a loss on the vehicle when it goes to auction next week as the auctioneers have placed a guide price of between £50,000 – £70,000 on the sports car, meaning that even if it sells for the highest estimate, the current owner will be looking at making a £11,000 loss on the car.

The 1965 E-Type has a top speed of 150mph boasting a 4.2 litre 6 cylinder engine and was one of fastest cars of the 60’s. Finished in racing car red with a black leather interior and chromed wire wheels and described as being in a very good condition, the E-Type is likely to generate a great deal of interest when it goes to under the hammer on March 3^rd at Bonhams Collectors’ Motor Cars and Automobila Sale in Oxford.