12 Banned Cars And How Much They’re Actually Worth Today – SlashGear

0

12 Banned Cars And How Much They’re Actually Worth Today – SlashGear

Despite its groundbreaking speed and sleek design, the XJ220 supercar was a complete sales flop for Jaguar. When the concept was first unveiled, it sported a V12 engine and four-wheel drive, and it caused a storm at the 1988 British International Motor Show. Buyers queued up to put deposits down, but the trouble was, Jag hadn’t planned to ever make a production run in the first place. Still, it accepted the orders and got to work. After four years of intense development, the finished product looked similar to the concept, but that was where the similarities ended. Gone were the V12 and four-wheel drive, replaced by a twin-turbo V6 and a traditional rear-wheel drive layout.

The final cost had also shot up significantly, making the XJ220 pretty much the most expensive new car on sale. As a result, plenty of disgruntled buyers ended up canceling their orders, and Jaguar never managed to complete its intended production run of 350 cars. Only 282 were sold, and facing such significant losses, it was decided that it wasn’t worth even trying to launch the car in America. Without the relevant documentation, the car was de facto banned for 25 years, and it’s only recently that it’s become old enough to import legally. Resale values have remained relatively low over the years, with one example for sale at the time of writing for £424,995 ($510,000).

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Gaming News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment