Jay Leno owns five electric cars to date. Counting On: Will This Impact Jinger And Jeremy’s Following? These engines could run on peanut oil, salad dressing, or anything else combustible for fuel. The kicker is, Leno designed this one himself with some help from General Motors. Most people know Jay Leno from his hit news program The Tonight Show, but his other claim to fame is his extensive collection of cars.Just like David Letterman, Leno uses a lot of his money to buy and maintain quite a selection of rare vehicles, with many of the cars having values of six figures or more.. Jay also owns a white roadster, but has a swapped engine, while the coupe is entirely original. Two GTs finished first and third, respectively, at Le Mans 50 years later. You can’t put a price on that. The EcoJet runs on biodiesel fuel, and it’s so powerful can go fast enough to blow out a window. Jay Leno has been a big fan of Mercedes, he even worked at a Mercedes dealership while he was young. Needless to say, the Ford GT is one of America’s finest supercars. The Ford GT has a V6 3.5 EcoBoost that delivers 700 hp, and it had an original sticker price of around 500,000 dollars but is now worth about $1.5 million. The comedian said one monstrous vehicle (pictured) specially made from a Cold War-era tank engine was a particular favorite of his friend, Terminator star and former California governor Arnold Schwarzenegger. Remember earlier when we discussed the 1963 Chrysler Turbine? 1). Only a few exist in the wild, and one of them lives in Jay Leno’s garage. Next: This car looks even better but costs over $1 million. Yeah, you could say Jay Leno loves his #McLaren P1. 'These were the pinnacle of motorcycle engineering back in the day,' Leno explained. So, where does he spends all those cash? His most valuable, and coincidentally his favorite modern car, a 1994 McLaren F1, is now worth around $17 million, though previous auctions of the model have topped $24 million. Only a handful of rich and famous people have the kind of money to buy tons of expensive cars, and Jay Leno is one of them. This 19-foot long classic car has been fitted with a 27-liter Merlin V-12 aircraft engine manufactured by Rolls Royce Aviation (the same engine used in the Spitfire aircraft), created by engineer Bob Petersen, who spent three years building this incredible beast. Jay Leno is a beloved American comedian and former late-night show host. Unique lists featuring pop culture, entertainment and crazy facts. Equipped with a 6.1 L engine that delivered 618 hp, the F1 is considered one of the best supercars ever built. When many people think of a sports car, they imagine a classic red speed star.