XF - Best residuals (what tosh)

XF - Best residuals (what tosh)

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Discussion

kryten22uk

Original Poster:

2,344 posts

232 months

Tuesday 2nd October 2007
quotequote all
Why are Jag advertising that a car they havent even released yet has class-beating residuals?!! Firstly its just purely guesswork, and secondly its utter tosh. It'll be the same as all Jags and have very poor residuals. I dont think they're fooling anyone.

a8hex

5,830 posts

224 months

Tuesday 2nd October 2007
quotequote all
kryten22uk said:
Why are Jag advertising that a car they havent even released yet has class-beating residuals?!! Firstly its just purely guesswork, and secondly its utter tosh. It'll be the same as all Jags and have very poor residuals. I dont think they're fooling anyone.
The stuff I saw about this was that the people who write the trade guides were predicting these residual values. It's these values that finance houses will use to work out the deals.

Besides not all Jags have had poor residuals. When I bought my less than 18month old X300, a November 94 one. The residuals were class leading, the class was 7 series, and S class, 7 series traditionally have rocket fuelled depreciation and the 90s S class was hardly flavour of the month outside military dictatorships. Having said that, looking through all the guides the X300 was matching the best of the 5 series and continued to do so whilst it was a current model.

How the guides arrive at their projected future values, I have no idea. But that is I believe where this tosh comes from.


wheeljack

610 posts

256 months

Tuesday 2nd October 2007
quotequote all
kryten22uk said:
Why are Jag advertising that a car they havent even released yet has class-beating residuals?!! Firstly its just purely guesswork, and secondly its utter tosh. It'll be the same as all Jags and have very poor residuals. I dont think they're fooling anyone.
Yes they must have had some very expensive lunches with Mr Glass and Mr CAP.

It's a tricky one, they are supposed to be restricting production and UK supply of the XF (relative to the S type) and thus rather hoping they don't have to discount to early on. Also IMHO the residuals of German stuff relies on the somewhat market-defying virtuous circle of self-fulfilling prophecy!

Jaguar aren't in the best of shape, so what have they got to lose by peddling this?

Mustard

6,992 posts

246 months

Tuesday 2nd October 2007
quotequote all
One word why it wont have the best residuals....Pendragon as they basically control the Neary new Jaguar Market

They'll discounting the shit out of them before you can count to 10

bad company

18,642 posts

267 months

Wednesday 3rd October 2007
quotequote all
Residuals can be a bit misleading. The XF has a pretty comprehensive list of standard kit particuarly in Premium Luxury. Buy German though and a lot of those essential goodies (sat nav, bluetooth etc.) are expensive options.

The percential residuals are taken from the base price exluding extras so the Jaguar can often have better real residual value.

You could make an even stronger case for say a Lexus - but could you be seen in something so uglyhurl

Beemer-5

7,897 posts

215 months

Wednesday 3rd October 2007
quotequote all
The truth is there is no telling if it's class-leading, but depreciation will still be too bloody high!

Edited by Beemer-5 on Wednesday 3rd October 18:42

drivin_me_nuts

17,949 posts

212 months

Thursday 4th October 2007
quotequote all
Would a bog standard production run car be worth more than £25k +/- 2k in three years? I would be very suprised.

Triple7

4,013 posts

238 months

Thursday 4th October 2007
quotequote all
All cars, doesn't matter what, are worth 50% over 3 years. Maybe slightly more, maybe slightly less.

Like I stated in my post ref: to your XKR depreciation, Jag are changing their attitude to the way they sell. So you have a choice, in 3 years buy a SV8 XF for £28k or a 2.7D for £20k.


Mustard

6,992 posts

246 months

Thursday 4th October 2007
quotequote all
Triple7 said:
All cars, doesn't matter what, are worth 50% over 3 years. Maybe slightly more, maybe slightly less.

Like I stated in my post ref: to your XKR depreciation, Jag are changing their attitude to the way they sell. So you have a choice, in 3 years buy a SV8 XF for £28k or a 2.7D for £20k.
scratchchin Have they told Pendragon?

Triple7

4,013 posts

238 months

Thursday 4th October 2007
quotequote all
Mustard said:
Triple7 said:
All cars, doesn't matter what, are worth 50% over 3 years. Maybe slightly more, maybe slightly less.

Like I stated in my post ref: to your XKR depreciation, Jag are changing their attitude to the way they sell. So you have a choice, in 3 years buy a SV8 XF for £28k or a 2.7D for £20k.
scratchchin Have they told Pendragon?
Yes. I just bought XKR of Pendragon and spoke to them about this very subject. It is Jaguar in fact who is to blame. They were the ones who would insist on giving the cars to Pendragon, whether they can sell them or not. As is the case on the new XK, the XF will only be built with an actual order for the car. None of this flooding the market with cars.

G

Beemer-5

7,897 posts

215 months

Thursday 4th October 2007
quotequote all
I am just happy with my £23K Jag, original price £63K 4 years ago, but still in excellent condition, low miles, one owner.

jagseven

197 posts

227 months

Thursday 4th October 2007
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Worth remembering that for older cars the cost of running them becomes more relevant. So at 6 years old say, the gap between and SV8 (with £400 road tax don't forget) may not be worth much more than a 2.7D and possibly even less when the XF-R is launched and the SV8 is forgotten

a8hex

5,830 posts

224 months

Thursday 4th October 2007
quotequote all
jagseven said:
Worth remembering that for older cars the cost of running them becomes more relevant. So at 6 years old say, the gap between and SV8 (with £400 road tax don't forget) may not be worth much more than a 2.7D and possibly even less when the XF-R is launched and the SV8 is forgotten
The values of second handle models often don't line up with those of the new models at all. When we were looking for the misses MB, originally the 2nd hand price of the 3.2CDI was out of the budget, 3.2 & 4.3 petrols were cheaper 2nd hand, even though new the diesel was the cheapest of the 3. Also there was bugger all difference in the 2nd price of the 3.2 and 4.3. Yet new there was a 10 grand difference. We woz lucky, the rip off Britain campaign got into full swing and they dropped the new prices and the diesel new became an option. But 2nd hand I'd have gone for the V8 - it was the bargain.

The same could easily happen with the Jag prices, the bigger petrol engines will always drop proportionally more than the bottom spec cars. The diesel will hold it's value best... they always do.

People who buy 2nd hand are much more likely to be interested in running costs. New cars are mostly for the money no object brigade. The bigger engined versions have much higher profit margins for the manufactures than the smaller engine ones. Particularly when it's the same engine, just with a smaller capacity. I bet the diesels actually cost more to make than the petrol models - but are often sold for less initially. tumbleweed god I've gone off topic... tumbleweed


kryten22uk

Original Poster:

2,344 posts

232 months

Thursday 4th October 2007
quotequote all
Triple7 said:
All cars, doesn't matter what, are worth 50% over 3 years. Maybe slightly more, maybe slightly less.

Like I stated in my post ref: to your XKR depreciation, Jag are changing their attitude to the way they sell. So you have a choice, in 3 years buy a SV8 XF for £28k or a 2.7D for £20k.
Try telling that to Kia owners.

Triple7

4,013 posts

238 months

Friday 5th October 2007
quotequote all
kryten22uk said:
Triple7 said:
All cars, doesn't matter what, are worth 50% over 3 years. Maybe slightly more, maybe slightly less.

Like I stated in my post ref: to your XKR depreciation, Jag are changing their attitude to the way they sell. So you have a choice, in 3 years buy a SV8 XF for £28k or a 2.7D for £20k.
Try telling that to Kia owners.
They're Kia owners, that won't understand anything I am talking about. hehe

G