Crazy XJ deals

[akadk]

30% discount and 0% APR

£8k deposit and £299 pcm for 2years

3.0d V6 300PS 700Nm

Stonking VFM

[Rtype]

Over the course of 24 months a broken down cost of £633.33? £15.2k for two years motoring.... That's not VFM for me for a relatively 'boring' saloon.

[Sir Bagalot]

akadk said:

30% discount and 0% APR

£8k deposit and £299 pcm for 2years

3.0d V6 300PS 700Nm

Stonking VFM

£299 pm is stonking value.

£8K deposit isn't

[JoBlack]

easy to see why so many people are falijg for the pcp magic math.

[daemon]

JoBlack said:

easy to see why so many people are falijg for the pcp magic math.

Yes, whilst even i'm cringing at that one and i would normall defend PCP deals

[akadk]

Since when was a 30% discount and no interest not VFM?!

The pcp is just a means of funding it, and very reasonable too.

[daemon]

akadk said:

Since when was a 30% discount and no interest not VFM?!

The pcp is just a means of funding it, and very reasonable too.

First place i checked for a lease was £524 per month on a 6+23 for an XJ 3.0d Auto Portfolio. Works out at £15,196 over the same timeframe and includes road tax.

https://www.contracthireandleasing.com/main-dealer...

EDIT: In fact heres an R Sport, same terms for £3 a month more

https://www.contracthireandleasing.com/main-dealer...

Edited by daemon on Friday 10th November 17:59

[Muzzer79]

akadk said:

Since when was a 30% discount and no interest not VFM?!

The pcp is just a means of funding it, and very reasonable too.

Either something's wrong with your numbers or you're not reading the deal right.

akadk said:

30% discount and 0% APR

£8k deposit and £299 pcm for 2years

3.0d V6 300PS 700Nm

Stonking VFM

£8k deposit and £299 pcm means £15176 over 2 years.


A Jaguar XJ starts at £60k.

30% discount means it's down to £42k.

You have to pay your £15176 to PCP it

So, after two years, you have spent £632 per month for the whole deal and are left with nothing apart from a balloon payment for at least £27-odd grand or you hand it back.

This is not reasonable or VFM. You can lease something pretty tasty for £600 a month.....

I'm a fan of PCP but at the end of the day it's just fancy HP that let's you bail out. In this deal, they're giving you £18k off the car, letting you lay a big deposit then pay a small amount per month. After 2 years, you can bail.

It's no different to taking out a loan for £42000 over 5.5 years that you can bail out of after 2 years.

[kurt535]

Methinks PCP death knell is rolling...

[wemorgan]

BNW 6 series and Merc S-class have both been 9+23 £300-350 in the past year. Both significantly cheaper than that XJ.

[daemon]

kurt535 said:

Methinks PCP death knell is rolling...

Agreed. I think it'll move to a predominantly PCH market over the next few years