Would you buy a used F-type privately

Would you buy a used F-type privately

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Discussion

JetskiJezz

Original Poster:

662 posts

136 months

Sunday 14th February 2016
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So, the question is: how likely people to be interested in buying a used F-type privately?

I ask because at the moment I have an Aston Martin v8 vantage roadster, but really quite fancy an F-type (mainly for the noise if nothing else). I'm lucky enough to have spent a couple of weeks driving to different V6 F-types around the Alps 18 months ago and fell in love with the car. This was before I bought the Aston Martin.

So just half tempted to sell my Aston and stop the hunt for an F-type.

The prices of F-types seem to have come down quite a bit, I would be looking at an entry level used one at the moment at somewhere just shy of £40,000.

My concern is when I come to part with the car in perhaps 12 months time. With them still being so new I just wondered how much of a hassle I'm going to have selling an F-type privately.
I'd never sold a car into the trade before, and I've never part exchanged. I've always sold privately and then gone on the hunt for the next one. I've never however sold a car privately that quite as new as the Jaguar would be and that is a figure what is making me a little bit nervous about going down this route.


elementad

625 posts

150 months

Sunday 14th February 2016
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If your concerned about selling privately afterwards are you not better off stretching your budget for a more desirable well spec'd V6S?
I know someone is going to come and say 'but with that logic if you stretch further you will buy the v8' but I don't buy into that as some people have preference for the V6 model.

akadk

1,498 posts

179 months

Sunday 14th February 2016
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yes of course I would, and of course you would have no problem selling privately

many cars that have gone through the approved used will have 2yrs warranty which will massively aid a private sale.

selling privately is not rocket science. aside from ensuring the car is in good nick, they key thing that most people F up and give themselves a massive ball ache when trying to sell privately is that they over price their car ! put the appropriate gap on your private sale vs a dealer sale and it will sell

in fact, there are so few private F-TYPE's, I would wager that, again, if priced appropriately, a private sale would be quite swift.

I bought my R last October, and would have happily bought a good V8 S privately but there were none .... in end went balls out on a R with CCB's .. but will be selling it privately this year for £5X and am confident I won't have an issue (2yr warranty & 2yr service pack)

X1BHO

83 posts

139 months

Sunday 14th February 2016
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I'm on the hunt for an F Type V6S having just parted with my C63 so have been watching the market closely for around 3 months now.

I've noticed that private cars tend to hang around, that said not many are on the market privately. There was a very high spec Firesand V6S up for £43k for around 5 weeks. It was comfortably the cheapest in the country, though it didn't seem to shift. It then appeared at a dealer for £47k and went within a week.

I've only been tracking the V6S and not the regular V6. Certainly in the V6S' case, dealer prices are very competitive with the added bonus of having a 2 year warranty from date of purchase.

JetskiJezz

Original Poster:

662 posts

136 months

Monday 15th February 2016
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X1BHO said:
I'm on the hunt for an F Type V6S having just parted with my C63 so have been watching the market closely for around 3 months now.

I've noticed that private cars tend to hang around, that said not many are on the market privately. There was a very high spec Firesand V6S up for £43k for around 5 weeks. It was comfortably the cheapest in the country, though it didn't seem to shift. It then appeared at a dealer for £47k and went within a week.

I've only been tracking the V6S and not the regular V6. Certainly in the V6S' case, dealer prices are very competitive with the added bonus of having a 2 year warranty from date of purchase.
Interesting, This is exactly my concern.
On that basis, even though one is really interested in buying privately, or as is often the case the needs to be a considerable difference from Private sale to forecourt. Quite often scratch my head and try and work out how on earth people think they can sell their car privately for very close to the same price that you can pick it up from a dealer's forecourt for - very good friend of mine is always looking at auto Trader, seeing a car advertised at the main dealer and then telling me that's how much his car is worth........

Looking at basic prices, there seems to be 3 sort of levels, the standard non-S at £40k, then getting nearer to £44k for an S then somewhere hovering below or around £50k for the v8. Obviously you need to be comparing like-for-like in terms of mileage, I wouldn't be interested in one with 30,000 miles, but there are plenty of cars around with low mileage


elementad

625 posts

150 months

Monday 15th February 2016
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I think I saw the car you were talking about. Was it on the carbon/diamond cut blades? If so if you looked at the pictures the wheels looked pretty rough so not sure if that was a reflection on overall condition.
I'm always browsing as an owner just out of interest.
Don't forget the cars are fairly new. There is little or no incentive to buy privately at moment if dealers are selling nearly new and providing 2 years warranty for a few k more. A few k more at that value isn't that much of a deal. As the cars get a bit older and the dealers don't sell as many 4 or 5 year old examples the private market will kick in ir by the time you would presumably sell yours,
If you want the car go for it. You only live once!

Little Lofty

3,288 posts

151 months

Tuesday 16th February 2016
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I advertised mine but just got numpties who wanted it for nothing. I sold it to a trader for more than the private buyers wanted to give me. It was the cheapest V6S Coupe for sale by a decent margin, their loss. Funnily enough I was checking prices the other day and mine has dropped about £1k per month since I sold it last June, that's a lot more than I lost in the first year. I thought residuals would be stronger, I'm guessing discounting new cars has filtered through on used cars now.

JetskiJezz

Original Poster:

662 posts

136 months

Thursday 18th February 2016
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Surprise, surprise, I've been offered a poor part exchange value for my Aston Martin against a used V6 F-type so have decided to hang onto the Aston Martin until the summer and then advertise it privately.
By that point, the F type will hit 3 years old and am hoping there will be more choice available. I plan on keeping it for a year, so would be selling it at 4 years old at which point I'm assuming more will be advertised privately.

JetskiJezz

Original Poster:

662 posts

136 months

Thursday 18th February 2016
quotequote all
Surprise, surprise, I've been offered a poor part exchange value for my Aston Martin against a used V6 F-type so have decided to hang onto the Aston Martin until the summer and then advertise it privately.
By that point, the F type will hit 3 years old and am hoping there will be more choice available. I plan on keeping it for a year, so would be selling it at 4 years old at which point I'm assuming more will be advertised privately.

roocarl

140 posts

176 months

Thursday 18th February 2016
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I noticed one for £36k a few weeks ago but soon sold I wonder how prices will fare the next 12 months about £5k i guess ? Desirable cars seem to level out though on a few - early Audi R8 Nissan GTR have actually gone up over the last year ! Astons are static around £30k for early Vantage/DB9 and Maserati Gran Turismo for the last 2 years As much as I want an F Type they may suffer from Typical Jag Depreciation Might be wise to buy one of the Others for a Year and see where F type prices Go ?
I had an 07 V8 Vantage two years ago and actually made 3 grand on that would be gutted to lose £10k in a year on a £40k car

JetskiJezz

Original Poster:

662 posts

136 months

Saturday 20th February 2016
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roocarl said:
I noticed one for £36k a few weeks ago but soon sold I wonder how prices will fare the next 12 months about £5k i guess ? Desirable cars seem to level out though on a few - early Audi R8 Nissan GTR have actually gone up over the last year ! Astons are static around £30k for early Vantage/DB9 and Maserati Gran Turismo for the last 2 years As much as I want an F Type they may suffer from Typical Jag Depreciation Might be wise to buy one of the Others for a Year and see where F type prices Go ?
I had an 07 V8 Vantage two years ago and actually made 3 grand on that would be gutted to lose £10k in a year on a £40k car
Interestingly, this is exactly my thoughts as well.
I considered buying both the R8 and GTR about 18 months ago and have been keeping an eye on prices of both of them for the best part of 2 years now. The Audi in particular seems to be sitting pretty much static, possibly even going up slightly. The GTR does seem to have dropped a bit in the last 12 months.
I bought the Aston not for performance, but for the overall feel of the car, I picked it up just as winter was kicking in last year and I know that it's worth already quite a bit more than I paid for it and I to would be gutted if I jumped from it into the F type unknown proceeded to drop heavily in value.
My guess is that somewhere in the early £30,000 is the plateau level for the F-type where all of a sudden it starts to look like value for money - I think that's the main reason I'm nervous about considering buying one when they haven't even reached 3 years old yet.

akadk

1,498 posts

179 months

Saturday 20th February 2016
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I think the V6 will settle in the £30's and the R's will settle in the £40's

look at XKR's - and they have a much smaller target market and arguably are not as well regarded nor as beautiful

akadk

1,498 posts

179 months

Saturday 20th February 2016
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The early V8 S are the ones to have if you want decent depreciation

as they discontinued them, and then introduced the R AWD at £95k which are stupidly rare

so the number of V8 convertibles on the market is really small

roocarl

140 posts

176 months

Sunday 21st February 2016
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The V6 has dropped £10k a year first 2 years I think yesr three it would drop around £5k then slow down ,
So thinking maybe a Maser GranTurismo S or R8 For a year then move over to a F Type .
But funny how 5.0 XK prices have levelled out I looked 2 years ago a nice 5.0XK convertible was £27 k last year the same and now not much different !
I did see 3 5.0 XKR convertibles all for under £30k recently but all sold fast I even went to look at a stunning low milage one at a Dealer £31k but sold 2 days later so they are going up ...
I find it amazing XKs are nearly static when Ftypes have fallen so fast :-(

justin220

5,338 posts

204 months

Sunday 21st February 2016
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Have you thought about an aftermarket exhaust for the Vantage?

If it's just noise you're after...

I'd actually be interested to read your opinion on how the two cars differ. I was close to getting an F-Type at one point, currently have a Vantage roadster

roocarl

140 posts

176 months

Monday 22nd February 2016
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I have had a V8 vantage and driven a couple of V6 F types . the cars are similar , very similar in my opinion the performance feels the same , F type noise is cool if slightly exhaust engineered the AM is more Pure sound , Performance feels the same and they both feel in-between a Sports car and a GT not as agile as a 911 but more fun than a DB9 / XKR

JetskiJezz

Original Poster:

662 posts

136 months

Saturday 5th March 2016
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justin220 said:
Have you thought about an aftermarket exhaust for the Vantage?

If it's just noise you're after...

I'd actually be interested to read your opinion on how the two cars differ. I was close to getting an F-Type at one point, currently have a Vantage roadster
It sounds like I'm in exactly the same boat as you, I have my heart set on the F type, but then a manual vantage roadster came along at the right price so decided it was worth giving a go. My only slight concern is that the Vantage feels older and definitely out of date internally when you compare to the F type.

There is nothing wrong with the noise on my v8 Vantage roadster, I have a remote switch to open the exhaust valves, very much like the system fitted as an option on some F-types. The noise whilst driving on a steady throttle or even whilst exhilarating is truly fantastic on the Vantage.
With all of this said, the noise of the v6 Ftype with the switchable active exhaust open is just intoxicating but for very different reasons. Although some might say it is false or induced in some way, I really like the crackle bang as you downshift and indeed the same popping and banging as you up shift.
My only experience of the F type has been on pure open driving roads in the Alps, the Aston Martin on the other hand has only been on back roads and B roads in the UK, so not really comparable. I'm intending to have a test drive again of the F type in the UK to see if it is quite as magical at home as it was when I was away.
I've also now booked a week in the Alps this summer, renting another V6 F type, so I will be able to get straight out of 1 and into the other the next day to give a true comparison test.