This is of more than academic interest, as Series 1 E-Types-and particularly Series 1 roadsters-often have values in excess of Series 2 and 3 models. Later model updates of the E-Type were officially designated 'Series 2' and 'Series 3', and over time the earlier cars have come to be referred to as 'Series 1.' As with other partly hand made cars of the time, changes were incremental and ongoing, which has led to confusion over exactly what a Series 1 car is. A '2+2' four-seater version of the coupé, with a lengthened wheelbase, was released in 1966. The E-Type was introduced as a rear-wheel drive grand tourer in two-seater coupé form (FHC or Fixed Head Coupé) and as a two-seater convertible 'roadster' (OTS or Open Two Seater). Outside automotive circles, the E-type has featured in the Diabolik comic series, Austin Powers films and the television series Mad Men. In March 2008, the Jaguar E-Type ranked first in The Daily Telegraph online list of the world's '100 most beautiful cars' of all time.

In 2004, Sports Car International magazine placed the E-Type at number one on their list of Top Sports Cars of the 1960s. It is rumored that, on its release on 15 March 1961 Enzo Ferrari called it 'the most beautiful car ever made', but this statement is not fully confirmed. No ladder frame chassis, as was common at the time, was needed and as such the first cars weighed only 1315 kg (2900 lb). The E-Type was based on Jaguar's D-Type racing car, which had won the 24 Hours of Le Mans for three consecutive years beginning in 1955, and employed what was, for the early 1960s, a novel racing design principle, with a front subframe carrying the engine, front suspension and front bodywork bolted directly to the body tub.

The E-Type's claimed 150 mph (241 km/h) top speed, sub-7-second 0 to 60 mph (97 km/h) acceleration, unitary construction, disc brakes, rack-and-pinion steering, and independent front and rear suspension distinguished the car and spurred industry-wide changes.

Its combination of beauty, high performance, and competitive pricing established the model as an icon of the motoring world. The Jaguar E-Type, or the Jaguar XK-E for the North American market, is a British sports car that was manufactured by Jaguar Cars Ltd between 19. Malcolm Sayer and William Heynes Technical Director A 1961 E-Type Series 1 3.8-Litre roadster

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