This is a vintage diecast toy car made by Dinky in the United Kingdom in 1954. The car is a 1:43 scale model of a red Jaguar XK 120 Coupe from the same year.
The brand, Dinky, is known for producing high-quality toy vehicles. This particular model is part of the Dinky Series and is made of diecast material.
The back tire is a bit worn could be left as is or changed.
Dinky was Repainted