Year: 2015 (January 10, 2015)
11″ x 8.5″
Media: Canon® Pro Platinum High Gloss Photo Paper
Printers: Canon® PIXMA
Color
Art: Photo
Artist: Luc Paquin
Danny’s Donuts, Vista, CA
California Car Shows
United Kingdom
There is no fixed definition of a classic car. Two taxation issues do impact however, leading to some people using them as cutoff dates. All cars built before January 1, 1973, are exempted from paying the annual road tax vehicle excise duty. This is then entered on the licence disc displayed on the windscreen as “historic vehicle” (if a car built before this date has been first registered in 1973 or later, then its build date would have to be verified by a recognised body such as British Motor Heritage Foundation to claim tax-free status). HM Revenue and Customs define a classic car for company taxation purposes as being over 15 years old and having a value in excess of £15,000. Additionally, popular acclaim through a large number of classic car magazines plays an important role in whether a car comes to be regarded as a classic. It is all subjective and a matter of opinion. The elimination of depreciation is a reason for buying a classic car; this is a major cost of owning a modern car. Picking ‘future classics’ that are current ‘bangers’ is a pastime of people into classic cars in the UK. Successfully picking and buying one can result in a profit for the buyer as well as providing transport. An immaculate well cared for prestige model with high running costs that impacts its value, but is not yet old enough to be regarded as a classic, could be a good buy, for example. A change in the taxation class is due to take force in April 2014, by moving the cut-off date of the historic vehicle class from January 1973 to January 1974, thus including all cars registered and built in 1973 as historic
Jaguar XK120
The XK120 was ultimately available in two open versions, first as an open 2-seater described in the US market as the roadster (and designated OTS, for open two-seater, in America), then also as a drophead coupé (DHC) from 1953; and also as a closed, or fixed head coupé (FHC) from 1951.
A smaller-engined version 2-litres, 4 cylinders, intended for the UK market was cancelled prior to production.
On 30 May 1949, on the empty Ostend-Jabbeke motorway in Belgium, a prototype XK120 timed by the officials of the Royal Automobile Club of Belgium achieved an average of runs in opposing directions of 132.6 mph with the windscreen replaced by just one small aeroscreen and a catalogued alternative top gear ratio, and 135 mph with a passenger-side tonneau cover in place. In 1950 and 1951, at a banked oval track in France, XK120 roadsters averaged over 100 mph for 24 hours and over 130 mph for an hour, and in 1952 a fixed-head coupé took numerous world records for speed and distance when it averaged 100 mph for a week.
Roadsters were also successful in racing and rallying.
Luc
Leave a Reply