My understanding is that they are fundamentally the same car, with the Vanquish being a bit beefier/aggressive in appearance. Is that correct?

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2008 E350 4matic / Black/Anthracite

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Gone but not Forgotten:
2001 E430 4matic, 206,xxx miles, Black/Charcoal
1995 E320, 252,xxx miles, Black/Grey
1989 260E, 223,00 miles, Black/Black

The fundamental similarity is that they are both very nice very fast cars that cost more than the houses I've been looking at buying.

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Whoever said there's nothing more expensive than a cheap Mercedes never had a cheap Jaguar.

83 300D Turbo with manual conversion, early W126 vented front rotors and H4 headlights 400,xxx miles
08 Suzuki GSX-R600 M4 Slip-on 22,xxx miles
88 Jaguar XJS V12 94,xxx miles. Work in progress.

I think one is more of a GT, and the other a GT/sports car.

The Vanquish is an older model though I don't think they make it anymore.

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1999 SL500
1969 280SE
2023 Ram 1500
2007 Tiara 3200

I think you will look good in either one.

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1979 Black on Black, 300CD (sold), 1990 Black 300SE, Silver 1989 Volvo 780, 1988 300CE (vanished by the hands of a girlfriend), 1992 300CE (Rescue).