Towards the end of 1969, Jensen Motors Ltd's owners put the unprofitable company up for sale and it was bought by Kjell Qvale, a San Francisco-based motor dealer who held the agency for a number of British makes. Qvale had been dismayed by British Leyland's decision to drop its popular Austin-Healey 3000 sports car and saw the acquisition of Jensen, which coincidentally had been making the Big Healey's bodyshell for several years, as the means to produce the ideal sports car for the United States market. Donald Healey was brought on board and a styling proposal commissioned from William Towns, who had been responsible for the Aston Martin DBS. Qvale's search for an engine supplier eventually led him to Lotus, which was in the process of developing a DOHC 16-valve four-cylinder power unit of its own. The 2.0-litre Lotus engine produced 140bhp so was adequately powerful for Jensen's needs while, equally importantly, meeting US emissions targets. Chrysler supplied the four-speed gearbox and the suspension and brakes came from Vauxhall. In March 1972 the production version of the new Jensen-Healey made its debut at the Geneva Motor Show and was well received by the motoring press when examples became available for testing. An entirely new model from a small company, the Jensen-Healey was initially plagued by teething troubles, though most of these had been sorted out by the time the Mk 2 version arrived in August 1973. Although not designated 'Mk3', the revised model made from November 1974 featured the Getrag five-speed gearbox and 'Federal' impact bumpers as required for the USA. In the summer of 1975 the final version arrived in the form of the Jensen GT, Donald Healey having left by this time. Inspired by the success of the Reliant Scimitar GTE and Volvo 1800ES, the GT was a 'sports estate', featuring three-door hatchback bodywork on the 'Mk3' chassis. A total of 473 GTs had been competed by the time Jensen Motors Ltd went into receivership in May 1976. This rare Jensen GT was purchased by the current owner in June 2004. The previous owner - an engineer - had acquired the car as a restoration project in 1986, by which time it had recorded 79,000 miles. The chassis was stripped down and blasted clean and the project progressed slowly over a number of years as its owner rebuilt the car using new or best-quality refurbished parts. All work was done to a high standard by the owner or various specialists. The odometer was zeroed and after completion the Jensen was subsequently used only for visits to classic car events, including the 1997 London Classic Motor Show at Alexandra Palace where it was awarded the 'Practical Classics Cup' for the best restoration (the silver cup comes with it). Only 800 miles had been recorded when the current vendor acquired the car and since then it has spent much of the time in storage, though with periods on the road. The current odometer reading is 3,927 miles. Described as in generally good condition, this rare British GT is offered with sales brochure, owner's handbook, wiring diagram, restoration bills/records, a quantity of Jensen Club literature, assorted expired MoTs, Swansea V5 and MoT to June 2011.