JAGUAR is facing a High Court battle over its pounds 415,000 supercar, the XJ220. Some buyers have refused to pay the latest pounds 50,000 instalment now falling due, after seeing the car’s value plummet. JaguarSport – a joint Jaguar-TWR venture – has issued writs against several buyers for non-payment, but at least one customer is planning to challenge the order in the High Court.
Michael Pearson, heir to Lord Cowdray of Midhurst, West Sussex, said Jaguar was responsible for undermining the XJ220’s value by producing a rival supercar, the XJR15, and he would be pressing to be released from his contract.
Is the Editor of the Parkers website and price guide, formerly editor of Classic Car Weekly, and launch editor/creator of Modern Classics magazine. Has contributed to various motoring titles including Octane, Practical Classics, Evo, Honest John, CAR magazine, Autocar, Pistonheads, Diesel Car, Practical Performance Car, Performance French Car, Car Mechanics, Jaguar World Monthly, MG Enthusiast, Modern MINI, Practical Classics, Fifth Gear Website, Radio 4, and the the Motoring Independent...
Likes 'conditionally challenged' motors and taking them on unfeasible adventures all across Europe.
Latest posts by Keith Adams (see all)
- Blog : Rover 75 shown to the world – and torpedoed - 21 October 2018
- Concepts and prototypes : MG Rover RDX60 (2000-2005) - 21 October 2018
- The cars : MGF and TF development story (PR3) - 2 September 2018