Are XKR’s so unloved that there have been no bids at all?

Are XKR’s so unloved that there have been no bids at all?

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Discussion

JNW1

7,839 posts

196 months

Wednesday 27th September 2023
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ITP said:
JNW1 said:
ITP said:
Funk said:
I admire his optimism...!
This thread is very odd.

If you search autotrader and pistonheads classifieds for a 5.0 XKR under 50k miles, it’s the cheapest one in the country! Everyone is talking like it’s massively overpriced for some reason. Sure, advertised price is not what things always sell for, but it’s starting out as the cheapest? There are category cars and ones with 90-100k for sale at 15k or so, but hardly the same.

So as long as you are not a trader wanting to buy in stock from a closed trade auction, and are a private buyer, it all just seems a bit odd.
I see your point but I think the argument is there are comparable cars in dealers for only about £1k more and that that difference doesn't reflect fully the discount you'd expect to see on a private versus a trade sale? Moreover, a number of those cars at dealers have apparently been sat there for a little while which implies they're overpriced anyway.

It also sounds like we've one or two contributors who are in the trade and their view seems to be cars like this are struggling to command decent bids - or indeed much interest at all - when they come to auction. Therefore, the implication is the market for them is poor generally at the moment and hence offers are likely to be at the lower end of the spectrum.

Put it all together and I think that's why a number on here felt the £15k bid on that car on the PH auction was decent and the vendor should have taken it. However, from his latest advert the vendor seems to be sticking out for £18k so it will be interesting to see if it sells!
Big V8’s are always generally slow sellers, not so many buyers around, even more so at the moment, but surely all you can do is see what cars are up for sale at on the usual sites and pitch yours to suit. If all the others with similar miles, trade and private, are up at 18.5-21 what are you going to put it up at?

Of course for a quick sale you can undercut everyone else by ‘000’s, let’s be honest, it’s easy selling something quickly if you price it cheaply, but I don’t know many people who would do that without trying at a similar price to all the others first.
Again I follow your logic! But as I say, the view from those apparently in the know on here is the cars listed on places like Autotrader often simply aren't selling at the prices advertised (and when you look at the date the car was listed there's certainly a few that seem to have been hanging around for several months). There's also a view that a private sale car is going to be worth around £2k-£3k less than a similar car bought from a dealer so again that would suggest £18k on a private sale is a touch optimistic.

But I'm not saying they're right and you're wrong, I'm just saying I can see their point of view as well as yours. And of course the acid test is what happens to the car now it's in the PH classifieds; if it disappears quickly maybe the vendor's got close to what he wanted and his valuation wasn't a million miles off but if it hangs around - and the price gets reduced by a thousand or so - that will suggest otherwise.

volvos60s60

567 posts

216 months

Wednesday 27th September 2023
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As we get into short days & cold weather, and as economic reality bites, the vendor will get disillusioned with chasing the market down.

What he should have done is take advantage of the 'spotlight' that his car received from the auction, advertise it for £16K and sell it for that & move on with his life. At this rate he'll be taking his 911 to Halfords for servicing......

ITP

2,035 posts

199 months

Wednesday 27th September 2023
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Of course the price that it sells for in the end is what it’s worth. The auction said it’s worth 16.2k.

Because of fees buyer would only get 15k, which wasn’t enough for him. Personally, I don’t think an XKR is rare enough to get a good price at auction, he should have just listed it on AT or pistonheads first, and waited, as you have to do on cars like this. If everyone else started dropping their prices lower than his then I guess he would drop them, I suppose he doesn’t want to be first to drop his asking price.

With regard to proximity to dealer prices, like I said earlier, maybe the cheapest dealer car is not so good condition wise as the more expensive dealer cars, so apples may not be being compared to apples, and the gap for a like for like car may be 3k or so. Condition is pretty important on these and can make a big difference on price.

Maybe he could renegotiate the 90k 911 turbo as that must be dropping too to offset his XKR value!

Edited by ITP on Wednesday 27th September 12:46

ZX10R NIN

27,764 posts

127 months

Wednesday 27th September 2023
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TREMAiNE said:
"£18,000 no offers"

The guy comes across as such a mug.
Really?

What makes you think he's/she's a mug?

I'd say he's trying to save himself from the "what's your best price or will you take 5k less than the asking price messages" I bet he'd negotiate once you're stood in front of them & are making a sensible offer once you've ceen the condition of the car, as well as it's service history.

Mr Whippy

29,134 posts

243 months

Wednesday 27th September 2023
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“No offers” doesn’t stop the dimwits because they don’t even read. Or they selectively read. Or just read what they want to hear.

I’ve had to entertain people asking questions that I’ve bullet point answered in my advert before.
And they get all uppity when I point that out.


Saying “no offers” just marks you out as needlessly grumpy to the possible nice buyers out there.

volvos60s60

567 posts

216 months

Wednesday 27th September 2023
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I wanted to buy this car, and probably would for £16k, but the tone of the vendor's response to my question during the auction puts me off of even bothering.

I know one is buying the car, not the person selling it, but really I can't be bothered dealing with arrogant and aggressive vendors like this - it's not like this car is unique or particularly special, another will come along shortly, equally nice, but from a more pleasant vendor with whom I might wish to strike a deal.

After all, I can't bear vendors who make it hard work, the buying process should be part of the fun when buying a weekend toy.

vanman1936

771 posts

221 months

Thursday 28th September 2023
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GeniusOfLove said:
ITP said:
As for webuyanycar, haha, nobody sells a car like this to them or pays any attention to their lowball offers.
I beg to differ, at any one time there can be well over a dozen XKs of various ages and specs that came in to BCA through WBAC, amusingly I get to see many of the £30k low mileage Autotrader cars go though BCA as WBAC cars a week before they get listed on Autotrader with a 100% markup.

You also see plenty of Aston Martins, Maseratis, and the odd Ferrari or Lamborghini come through WBAC ranging from a month old to ancient stuff dragged out of a barn.

In the last six months I've personally bought two supercharged Jaguars at trade auction that came in through WBAC, I know that the previous owners of both my X351 supersport and X150 XKR sold them to WBAC for half what they paid a year and two years before respectively, having used both I can say neither were traded in to dispose of a ticking timebomb. Apparently for many people it's worth £10k+ not to mess around with dhead buyers.

If you keep an eye on the XKRs on AT they'll often sit around for a very long time indeed, maybe if you're patient you might get £18k - £19k for a car like this but in the meantime plenty will turn up at £14k - £15k and sell quickly. If the car has absolutely nothing interesting about it, like this silver on black coupe, best of luck getting top whack for it.

You're also on a road to nowhere if you're a private seller who thinks they can sell an old Jag for anything approaching the same price as a dealer with the backup that implies. As various people have said through the thread 14k - 15k is about right for a private sale of this car, you might get 18k for the same car very well presented at a decent dealer.

Edited by GeniusOfLove on Monday 25th September 10:51
Interesting and agree on them sitting around having looked at a few….are you a dealer btw?

reddiesel

2,102 posts

49 months

Thursday 28th September 2023
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volvos60s60 said:
I wanted to buy this car, and probably would for £16k, but the tone of the vendor's response to my question during the auction puts me off of even bothering.

I know one is buying the car, not the person selling it, but really I can't be bothered dealing with arrogant and aggressive vendors like this - it's not like this car is unique or particularly special, another will come along shortly, equally nice, but from a more pleasant vendor with whom I might wish to strike a deal.

After all, I can't bear vendors who make it hard work, the buying process should be part of the fun when buying a weekend toy.
Do you know obviously I have read your contributions on here over the years and enjoyed them and I totally agree with what you are saying . I thought for £16k it was a good buy though from a long association with buying and selling Jaguars I reckoned £15k would be the bid . The vendor lost me completely with his " Johnny Big bks " Posts about Porsches and Membership of various Jaguar Clubs . Here was yourself genuinely coveting the Car and anxiously asking a few questions and it was like " I am the Owner of a very used £80,000 911 Turbo S how dare you question my maintenance of this third hand Jaguar ". Personally I winced at that . Then we had the Membership of the various Jaguar Clubs ( as if one isn't enough) anxiously trying to somehow prove his Enthusiast credentials and get a bit of status above us mere mortals . I fully accept I may have this wrong but that's how it came across to me and I suspect some others too . As I have often found to my cost on social Media , there are correct ways and wrong ways to express yourself .
How different would it have been if he had said for instance " I have just bought a Porsche which doubtless will cost me a fortune in maintenance and sadly I have to let the Jaguar go ". Right away everyone would have been sympathetic because we all have been in his position .
The membership of the Jaguar Clubs could have been mentioned as " I am a member of several Jaguar clubs and I am going to miss the good advice and happy times I have spent in their company ". Expressed in this way everyone would have been thinking fair play to the bloke but instead we felt this Bloke is hard work . Why don't you try and chase him down and offer him £16k ?

Edited by reddiesel on Thursday 28th September 08:46

volvos60s60

567 posts

216 months

Thursday 28th September 2023
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RD, thanks for your reply.

I've already decided I can't be bothered dealing with the vendor, the car is 100 miles from me and to go up there and hear the aggressive & defensive drivel and waste my time is not my ideal of a good way to spend a Saturday.

He said 'no offers' and that exactly what he deserves

TameRacingDriver

18,135 posts

274 months

Thursday 28th September 2023
quotequote all
volvos60s60 said:
RD, thanks for your reply.

I've already decided I can't be bothered dealing with the vendor, the car is 100 miles from me and to go up there and hear the aggressive & defensive drivel and waste my time is not my ideal of a good way to spend a Saturday.

He said 'no offers' and that exactly what he deserves
The guy does sound like an utter tosser to be honest.

I had similar earlier this year when I was in the market for a Boxster. I spotted one that looked nice but I had a few questions relating to the car that weren't mentioned in the advert, and it was met with a blunt reply of "I'm sick of time wasters, just come and drive it". No attempt made at all to answer the questions, which I put to him in a very polite and respectful way.

I simply had to reply "well it's not that easy for me to travel a 500 mile round trip just to try and find out the answers for myself that you clearly don't want to answer".

Didn't matter how good the car was, I wasn't going to deal with that person.

GeniusOfLove

1,487 posts

14 months

Thursday 28th September 2023
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reddiesel said:
Here was yourself genuinely coveting the Car and anxiously asking a few questions and it was like " I am the Owner of a very used £80,000 911 Turbo S how dare you question my maintenance of this third hand Jaguar ". Personally I winced at that .
hehe That really made me laugh. I'm sure the next owner who knows it likely needs a water pump, condenser, and half the brittle old hoses changing will be glad that all it's needed in his care is oil changes at least!

I've said before that the owners of 3rd - 700th hand Jaguars can often be really weird about them, as if they're some tiny production run classic needling the care of a skilled craftsman to maintain and if you're not paying a fortune you're not doing it right, the seller of this car typifies it nicely. When you buy their cars you usually find out they've mostly been robbed for routine servicing and none of the real preventative maintenance has been carried out.


Summit_Detailing

1,918 posts

195 months

Thursday 28th September 2023
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Just from the way the advert is written would put me off even enquiring.

I do some work for a Jaguar specialist and without fail Silver with Black interior cars always hang around, regardless of age/mileage, to the point where they wouldn't actively go out and purchase one.

Great cars but just like the models that went before they don't hold up particularly well when viewed from underneath.

Cheers,

Chris

GeniusOfLove

1,487 posts

14 months

Thursday 28th September 2023
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Summit_Detailing said:
Just from the way the advert is written would put me off even enquiring.

I do some work for a Jaguar specialist and without fail Silver with Black interior cars always hang around, regardless of age/mileage, to the point where they wouldn't actively go out and purchase one.

Great cars but just like the models that went before they don't hold up particularly well when viewed from underneath.

Cheers,

Chris
Interesting point about colours. I decided I could tolerate silver, I've actually come to rather like it, but a black interior with silver trim was a hard no for me. As an earlier poster said, such things are for Audis. If I wasn't a bottom feeder, and I think few XKR buyers are, I'd never have bothered going to look at a silver car. I certainly considered the auction car in question to be at minimum desireability for an XKR, being a coupe in the most boring colour combination, with middling miles.

All the cars with that subframe (X351 XJ, X150 XK, F-Type) seem to have them go crunchy. At least you won't get holes in the floor with the aluminium XK, unlike it's very XJS like predecessor!



Edited by GeniusOfLove on Thursday 28th September 15:06

reddiesel

2,102 posts

49 months

Thursday 28th September 2023
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Yes its a fact that they can rapidly go tatty underneath and the F type is no different . That said its not terminal and more often than not easily tidied . Silver for me isn't its best colour , it can look surprisingly anonymous and Dealers can in my experience bid you poor money come PX time . Some of course will disagree and I completely accept that beauty is in the eye of the beholder . I should think the Vendor may regret not taking that £15k , especially with Christmas just around the corner and property prices starting to weaken . Fuel prices I was reading today are set to go higher and although none of these issues may matter to someone intent on buying an XKR they could well find themselves with different priorities come the new Year .

Mr Whippy

29,134 posts

243 months

Friday 29th September 2023
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Summit_Detailing said:
Just from the way the advert is written would put me off even enquiring.

I do some work for a Jaguar specialist and without fail Silver with Black interior cars always hang around, regardless of age/mileage, to the point where they wouldn't actively go out and purchase one.

Great cars but just like the models that went before they don't hold up particularly well when viewed from underneath.

Cheers,

Chris
I remember my Dad bought himself a used S type 2.7 diesel that after a few years looked like flapjack underneath.

The rate at which it deteriorated seemed unnaturally fast for a modern premium car.

The last time I moved it before we broke it, the diesel heater was belching smoke into the cabin hehe
That was an experience!

GeniusOfLove

1,487 posts

14 months

Friday 29th September 2023
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Mr Whippy said:
I remember my Dad bought himself a used S type 2.7 diesel that after a few years looked like flapjack underneath.

The rate at which it deteriorated seemed unnaturally fast for a modern premium car.

The last time I moved it before we broke it, the diesel heater was belching smoke into the cabin hehe
That was an experience!
They were really dire for rust.

They all did that heater thing. Jaguar Heritage hehe

Patrick Bateman

12,222 posts

176 months

Friday 29th September 2023
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Sounds like I might need to get the Dinitrol out on the underside of my XKR.

It was a Devon car so is in good condition underneath but Aberdeenshire winters will change that.

LeighW

4,455 posts

190 months

Friday 29th September 2023
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TREMAiNE said:
JNW1 said:
Looks like the car is now listed at £18k in the PH classifieds....

https://www.pistonheads.com/buy/listing/15654374
"£18,000 no offers"

The guy comes across as such a mug.
I was seriously looking at these prior to the pandemic, decent mileage 09-10 cars were only high teens then, so expecting that kind of money four years later seems optimistic, especially now. It's not the best colour either, dark paint/light interior suits these far better IMO.


I still like them, but as it was only a weekend/fun car I went in a different direction (avoiding the high VED etc) in the end for my V8 kick.

vikingaero

10,545 posts

171 months

Friday 29th September 2023
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Is it not effectively missing a service and now only has a part service history?

Full service history as follows:
...
14.08.2022 @ 46681 miles at MGA Jaguar, independent specialist

So it's due one right now.

paulguitar

24,068 posts

115 months

Friday 29th September 2023
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vikingaero said:
Is it not effectively missing a service and now only has a part service history?

Full service history as follows:
...
14.08.2022 @ 46681 miles at MGA Jaguar, independent specialist

So it's due one right now.
Ask the seller, he'll love that...