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I owned a 12 for many years (83 coupe) and the motor was trouble free. The car was a joy to drive on long trips, powerful and fast (by the standards of the day) and was pretty reliable (brake rotors kept warping- that was the major problem). Parts are expensive on both the six and the 12 but if it were up to me it would be the 12 hands down. If you don't know the transmission is from GM (unless you can find an early 4 speed) so any fixes there are cheap.
I always said it was better to have owned a Jaguar and lost money than to have never owned a Jaguar at all.
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