F Type - Used 2014 V6 or V8 ?

[akadk]

Phil. said:

The spec on this one is ok, except it's missing the exhaust 'loud' button and the colour isn't to everyone's taste. However, being a 2013 it's overpriced. I'm comparing this my 2014 4K mile V8S that was sold by a Jag dealer for £57k last August and I received £55k. I would expect that my old car with a few more miles to be advertised now at the same price or less than this when taking in to account a reasonable level of depreciation. The 2015 version in the same colour at £58k seems better value. So best to sit it out for while until 2013/14 prices become more realistic.

http://www.autotrader.co.uk/classified/advert/2016...

Edited by Phil. on Friday 20th May 13:26

I wouldnt agree that was overpriced in the summer market. I'd say its the sweet spot, given the mileage and wheels.

Not having the switchable exhaust option could be a killer for some thou.

You have to remember, or appreciate as not all will be in the know .... the market was flooded with 13/63/14 V8 S cars, then when the Coupe came along in 2014, the convertible numbers were paired back massively, and then in 2015 the V8 S was discontinued and replaced by a much more expensive R.

So the number of 2015 cars is tiny, so these will not push down 2013/4 cars as you might reasonably expect.

Its a simple law of supply and demand ... due to the low supply of 64/15 cars the 13/63/14 cars will not reduce as you might expect, and given they are racking miles and getting abused as we speak, the excellent condition, low mileage cars will be holding their value

of course Summer is artificially helping this at the mo.

[tcant]

Summers beginning, prices are all over the place on the convertibles so when will be the best time to pick one up (assuming happy to wait until after summer this year)?

I was thinking of going on the hunt around January, post Christmas and a long way from the 1 March new registrations, and a silly month to buy a convertible so perhaps get the best deals?

[JetskiJezz]

akadk said:

Phil. said:

The spec on this one is ok, except it's missing the exhaust 'loud' button and the colour isn't to everyone's taste. However, being a 2013 it's overpriced. I'm comparing this my 2014 4K mile V8S that was sold by a Jag dealer for £57k last August and I received £55k. I would expect that my old car with a few more miles to be advertised now at the same price or less than this when taking in to account a reasonable level of depreciation. The 2015 version in the same colour at £58k seems better value. So best to sit it out for while until 2013/14 prices become more realistic.

http://www.autotrader.co.uk/classified/advert/2016...

Edited by Phil. on Friday 20th May 13:26

I wouldnt agree that was overpriced in the summer market. I'd say its the sweet spot, given the mileage and wheels.

Not having the switchable exhaust option could be a killer for some thou.

You have to remember, or appreciate as not all will be in the know .... the market was flooded with 13/63/14 V8 S cars, then when the Coupe came along in 2014, the convertible numbers were paired back massively, and then in 2015 the V8 S was discontinued and replaced by a much more expensive R.

So the number of 2015 cars is tiny, so these will not push down 2013/4 cars as you might reasonably expect.

Its a simple law of supply and demand ... due to the low supply of 64/15 cars the 13/63/14 cars will not reduce as you might expect, and given they are racking miles and getting abused as we speak, the excellent condition, low mileage cars will be holding their value

of course Summer is artificially helping this at the mo.

That's a really interesting way of looking at it, so in your opinion the early V8 S cars are probably coming close to them major depreciation curve? I'm interested in picking one up to run for a year, probably doing a couple of thousand miles at most and then moving on to something else - for me I was aiming at under £45 K, but also wanted to be fussy. I can buy a car without the exhaust switch option, I've instantly discounted everyone I see without it. I'm happy to wait, but will continue the search.

Anyone got any thoughts on the most resaleable colours and most preferred options?

[akadk]

Yes I believe (FWIW) that they are near the end of their (steep) curve. They will not go below £40k in the medium term IMO

The F-TYPE V8 is a very desirable car. It is fresh in the market, a brand new thing. Universally beautiful, stupid fast, and a sound to die for a truly unique for a stock sound.

F-TYPE convertible in V8 is a rare beast. They are £92k now for a brand new one. There was a huge buzz of excitement when they launched at £79995 but now not many people are willing to pay £92k for one .... but £45k? Yes please.

IMO, demand will be strong for these cars for a while yet.

Desired spec is Switchable zorst, performance seats, sports Flat bottom wheel, 20" wheels (Carbon Rotor ones are the most desirable), Meridan Sound System, Heated Seats, Keyless.

Mileage, obviously the lower the better.

F's can suffer lots of stone chip damage on the rear arches and lower sills. The factory PPF patch is pathetic. So higher mileage ones will either have lots of paint or lots of chips.

I think alot of "average" cars will sit around £45k for at least a year ... then its a case of how much of a premium you want to pay for spec/condition/mileage

I have come from owning a number of R8's over a period of 4 years and see a lot of similarities with the emerging F-TYPE market now they are 3 years old

[Phil.]

akadk said:

I think alot of "average" cars will sit around £45k for at least a year ... then its a case of how much of a premium you want to pay for spec/condition/mileage

That's where we disagree. I don't believe the dealers will sit on their cars for a year without reducing the price and neither will private sellers. If the current range of used V8S's were selling then this would support your theory, but generally they aren't. I know for a fact, because I saw their system when I sold my last one, that dealers building several months of depreciation cost in to their price when buying a F-Type because they are afraid it will sit on their forecourt for sometime, particularly when buying towards the end of the summer. It's a specialist buy, nearly always a second or third car, and there aren't that many buyers around at the moment.

So I get that the number of V8S's isn't increasing (but they are being replaced by the R) but I don't agree that the market demand is there presently and believe it will reduce further in the autumn and in to winter. So prices will drop well below £45k this year. Only time will tell

[Phil.]

BTW akadk, are you going share with us the details of the V8S you bought recently? I'm sure a few photos would be appreciated if you have time. They are cracking looking cars.

[akadk]

happy to agree to disagree ! :-)

[akadk]

[Phil.]

Lovely and very impressive. I hope you are making the most of them.

[akadk]

well next saturday i depart for the Pyrenees and Alps !!

[Phil.]

akadk - there's one just like yours for sale on PH. Recently listed. Is it yours?

http://www.pistonheads.com/classifieds/used-cars/j...

[Phil.]

Ahh putting 2 & 2 together now

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

Are you selling after your Alps trip?

'Rare opportunity to buy what is now a discontinued model with such low mileage in a brand new condition.'

[akadk]

haha ... Well, having 2 F-TYPE's is not a full time occupation !

[Phil.]

Enjoy the trip

PS I mitght offer you £45k for it on your return.

Edited by Phil. on Saturday 21st May 07:43

[MikeE]

Phil. said:

akadk - there's one just like yours for sale on PH. Recently listed. Is it yours?

http://www.pistonheads.com/classifieds/used-cars/j...

Akadk I was showing your Ad to the other half a couple of days ago and we decided it fitted the bill and was going to call you, is it still for sale?

[Phil.]

Mike - according to his other thread, he in the V8S today on the way to France etc. for 8 days and 2.5k miles

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

[MikeE]

Phil. said:

Mike - according to his other thread, he in the V8S today on the way to France etc. for 8 days and 2.5k miles

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

According to the OP in that thread he's going next Saturday 28th. Intrigued why the adverts gone.

[Phil.]

You're correct on the dates. The ad was live last night and quoting 4K miles, so may be he's pulled it until after the trip when it will be on nearer 7k miles? No point in taking offers just before a big road trip, anything could happen.

[akadk]

hi all.

I advertised the car as Watford Jaguar bought a White V8 S 63 plate 2014 from JLR with Carbon Ceramic Brakes.

It went live on the locator last Friday for £54,950. I couldn't get down in the week, but put mine up for sale in the hope I could do a swap.

Was planning on going down today to view, but it sold on Thursday.

Obviously I don't know how much for, but its unlikely the main dealer will have budged a huge amount given it was so freshly advertised.

I did my home work and I knew eyes open the car had been serviced 10 months late and had extensive paint, some of which was poor quality, but none the less I wanted to see it with my own eyes.

So, to add some facts to this debate ... this is a '63 plate 16k V8 S, albeit it CCB's, that sold in less than a week for c.£54k

And, the time my car was advertised for sale (3 days) I took enquiries from 5 interested private individuals and 4 traders trying to steal it.

So, on my EXPERIENCE, the market demand is there for a GOOD car.

Also, for the record, I have taken it off the market as the white one is sold, and I am taking it on a 2.5k road trip.

However, this coming Monday, I am taking it to have extensive Paint Protection Film fit, full frontal (bumper, bonnet, wing mirrors, splitter) also both side wings, front wheel splash, rear wheel splash, lower rocker panels and rear arches. This is at a cost of close to £1k ... but this will protect the car to ensure when I return, it will still be brand new.

Here is when they did my Coupe

http://www.draykefields.co.uk/archive/41-bluejagua...


Hope this post helps

[akadk]

bit leggy, but decent value

will be easy to move on, just need to make sure its advertised cheapest in the country

http://used.jaguar.co.uk/search#/details/2692262