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Before diving into the specifics, it's worth delineating the difference between a classic car and a collectible car. The Jaguar XJ220, while it may be labeled a “classic” by some, is often classified as a modern supercar. This classification is essential in forming an understanding of the car's context and performance expectations. While classic cars evoke nostalgia and timeless appeal, collectible cars may not embody the same historic significance but are sought after for various reasons, including rarity and desirability.