MARKET ANALYSIS
XK120 (1948 to 1954)

The Jaguar XK120, produced globally from 1948 to 1954, was the fastest production car of its day and remains an enduring icon of automotive design, launching as an Open Two-Seater (OTS) roadster before expanding to include the Fixed-Head Coupé (FHC) in 1951 and the luxurious Drophead Coupé (DHC) in 1953. In the 2026 Australian market, this model is a high-tier blue-chip classic, where its desirability is currently anchored by its eligible status for premier international historic events and its pure, hand-sculpted aesthetic. The buyer pool in 2026 consists of seasoned prestige collectors, heritage investors, and historic racing aficionados who specifically target the exceptionally rare alloy-bodied early roadsters—of which only 57 right-hand drive units were built—or the later Special Equipment (SE) models that featured the higher-output 134kW engine and "C-Type" cylinder heads. Locally, liquidity is strongest for well-documented Australian-delivered cars with original "W" prefix engines, as 2026 buyers increasingly prioritise historical provenance and the mechanical upgrades necessary for reliable operation in the southern hemisphere’s demanding touring conditions.
The Jaguar XK120, produced globally from 1948 to 1954, was the fastest production car of its day and remains an enduring icon of automotive design, launching as an Open Two-Seater (OTS) roadster before expanding to include the Fixed-Head Coupé (FHC) in 1951 and the luxurious Drophead Coupé (DHC) in 1953. In the 2026 Australian market, this model is a high-tier blue-chip classic, where its desirability is currently anchored by its eligible status for premier international historic events and its …
Model years for Jaguar XK120 (1948 to 1954)

1954 Jaguar XK120 FHC - Best in show Noosa Concours
94,260 km • Manual • RHD
🇦🇺Maroochydore, QLD
SOLD
$145,000
Auction
Mar 19, 2026
1950 Jaguar XK120 OTS
11,521 km
🇦🇺Melbourne, VIC
SOLD
$150,000
Auction
Aug 18, 2025
1950 Jaguar XK120
137,631 km
🇦🇺Cooroy, QLD
SOLD
$100,500
Auction
Nov 10, 2025
1951 JAGUAR XK120 ROADSTER
116,029 km • Manual • RHD
🇦🇺Galston, NSW
SOLD
$150,000
Auction
May 14, 2023
1954 Jaguar XK120 Roadster
130,767 km • Manual • LHD
🇦🇺Revesby, NSW
SOLD
$93,500
Auction
Apr 15, 2024