F Type SVR depreciation?

F Type SVR depreciation?

Author
Discussion

Gibbo205

Original Poster:

3,528 posts

206 months

Wednesday 6th December 2017
quotequote all
Hi there

I am very tempted to buy a year or so old F Type SVR, now they are hovering around 75-85k for lightly used 12-18 month examples with 5000-20000 miles.

Now seeing how the V8S depreciated as you can now pick them up for low 40k area, should I be worried about the SVR being worth only say 50k in two years?

Is the SVR limited at all, or is there ample supply in the UK?

Also if I was to buy the SVR do people know cost of;

Service & interval?
Cost to extend warranty?


So those more familar with Jaguar and the SVR models what kind of value would you say it would be worth in another 2-3yr especially if I made sure warranty was extended before expiring and mileage was say kept under 30,000 miles?

Triple7

4,013 posts

236 months

Thursday 7th December 2017
quotequote all
If you build one on the Jag website, they come out about £105-110k. GMFV after 3years is low fifties, so expect 50% loss over three years. Part-exing after two years, as you point out, I’d expect to lose a similar amount. Eeeek.

Aside fuel/rfl, new Jags are quite inexpensive to service and imho reliable. An extended warranty is about £1000-1200 yr.

If you buy approved used you will get a minimum 2 yr warranty anyway.

Cracking cars. Quite a firm ride on the SVR. A 5.0 AWD R is just as potent and these are mid-£50k’s. Option?

Keep us posted.

Edited by Triple7 on Thursday 7th December 10:17

Big Brin

529 posts

240 months

Friday 8th December 2017
quotequote all
I have had the 2WD R and currently got an SVR.....they are different cars entirely. Yes the R is a superb car but the sound and feel of the SVR is quite different. Quicker too; stupidly so. And the looks are better IMHO with its unique aero dynamics. My bet is the SVR will always remain special, and will remain hallowed as the 'one to have' in the F type range.

In terms of depreciation there are certain cars that defy standard modelling. Look at special Porsche and Mercedes models. Why wouldn't the most special Jag be like that too? Of course the finance guy will guarantee a future value. Its a risk based calculation but not necessarily in line with the market trend of the day...You don't see many SVR...and I'd say depreciation isn't going to be as savage as you think. Of course this is just just my view....

Bets of luck and regards, Brin

Marc_Hill

255 posts

140 months

Friday 8th December 2017
quotequote all
I have a 2015 AWD R and was considering moving it on through fear of the prices plummeting, but on further research I don't think they are nearly as bad as I first thought. Theres no doubt the RWD R's are given some stick which I don't think is fairly justified, and they are dropping at the moment, but who knows, in time they will be the rarer of the V8 models.

I think if the F-type SVR had been branded an RS rather than SVR may well have helped residuals for the future. Much like I think the XK-RS is starting to become quite sought after and prices looking quite positive.

Project 7 will no doubt be a good place to invest and funnily no one seems to mention that as an over powered rwd car.

So in short I don't really know!

akadk

1,478 posts

178 months

Friday 8th December 2017
quotequote all
They will drop to about £60k

akadk

1,478 posts

178 months

Saturday 9th December 2017
quotequote all
£30k discount vs. List for a ‘67 18MY does not bode well for future residualS !

www.autotrader.co.uk/classified/advert/20171130170...

I feel sorry for anyone that was stupid enough to pay list last year

OddCat

2,515 posts

170 months

Saturday 9th December 2017
quotequote all
akadk said:
£30k discount vs. List for a ‘67 18MY does not bode well for future residualS !

www.autotrader.co.uk/classified/advert/20171130170...

I feel sorry for anyone that was stupid enough to pay list last year
I suspect that anyone with the means to blow £115k on a new car is unlikely to be in need of pity - nor will they be overly bothered about losing £60k over 3 years.

I say thank the lord for such people as, were it not for them, Jaguar wouldn't make these things and I wouldn't be able to buy them 5 years later for a third of the new price !

Marc_Hill

255 posts

140 months

Saturday 9th December 2017
quotequote all
OddCat said:
akadk said:
£30k discount vs. List for a ‘67 18MY does not bode well for future residualS !

www.autotrader.co.uk/classified/advert/20171130170...

I feel sorry for anyone that was stupid enough to pay list last year
I suspect that anyone with the means to blow £115k on a new car is unlikely to be in need of pity - nor will they be overly bothered about losing £60k over 3 years.

I say thank the lord for such people as, were it not for them, Jaguar wouldn't make these things and I wouldn't be able to buy them 5 years later for a third of the new price !
I think the general consensus is no one pays list price for them. Lovely car though!

Triple7

4,013 posts

236 months

Saturday 9th December 2017
quotequote all
Personally, I think Jaguar are batting above their weight. £115k for an F-Type is bonkers. 911 everyday for that money...so lower the list price and stop the discounting....plus improve the product across the Jag range please....

hilly10

7,076 posts

227 months

Monday 11th December 2017
quotequote all
It’s a Jag deprecation is always not good, as said 911 or put a bit more for the Aston route

akadk

1,478 posts

178 months

Monday 11th December 2017
quotequote all
Marc_Hill said:
OddCat said:
akadk said:
£30k discount vs. List for a ‘67 18MY does not bode well for future residualS !

www.autotrader.co.uk/classified/advert/20171130170...

I feel sorry for anyone that was stupid enough to pay list last year
I suspect that anyone with the means to blow £115k on a new car is unlikely to be in need of pity - nor will they be overly bothered about losing £60k over 3 years.

I say thank the lord for such people as, were it not for them, Jaguar wouldn't make these things and I wouldn't be able to buy them 5 years later for a third of the new price !
I think the general consensus is no one pays list price for them. Lovely car though!
they might have done at launch

cardigankid

8,849 posts

211 months

Saturday 16th December 2017
quotequote all
What would worry me is not the depreciation but what condition your chassis is in after 3 years. I’ve had some experience with Jaguar, and Porsche it isn’t. The guys who are buying these new are equally not going to bother getting it dinitrolled or similar, and in the absence of that, I would reckon that most of your chassis components are going to be well on the way to being rusted solid. It’s just the way Jaguar do things.

anonymous-user

53 months

Sunday 17th December 2017
quotequote all
cardigankid said:
What would worry me is not the depreciation but what condition your chassis is in after 3 years. I’ve had some experience with Jaguar, and Porsche it isn’t. The guys who are buying these new are equally not going to bother getting it dinitrolled or similar, and in the absence of that, I would reckon that most of your chassis components are going to be well on the way to being rusted solid. It’s just the way Jaguar do things.
Must be all that aluminium that does it............. wink




cardigankid

8,849 posts

211 months

Sunday 17th December 2017
quotequote all
Have you stood under a year old F Type and looked at the steel components?

esso

1,849 posts

216 months

Tuesday 19th December 2017
quotequote all
cardigankid said:
Have you stood under a year old F Type and looked at the steel components?
Are they really that bad ?...i'm interested because I have just had a full body off chassis rebuild on my TVR Cerbera and it scared me how bad that was. 2 years ago I bought a 14 plate V6S Coupe,had it a year,did 8k miles in it and sold it with 13k miles on it.I never looked underneath it but I hate to think what possible state it could get into.

Big Brin

529 posts

240 months

OddCat

2,515 posts

170 months

Thursday 21st December 2017
quotequote all
Hold on.........

Are we saying that, for the F Type, Jaguar use different underside rust proofing (presumably none) than they do for other models ? Really ?

liner33

10,642 posts

201 months

Thursday 21st December 2017
quotequote all
My own MY013 XFR has a fair bit of rust underneath, its on my to-do list this summer its the bracketry, braces and suchlike , bit of a clean with a wire brush and a coat or two with some por15 and it will be good as new

Gibbo205

Original Poster:

3,528 posts

206 months

Thursday 21st December 2017
quotequote all
I've just got myself an SVR, I got it in what I believe the most desirable spec:
- SVR with fixed carbon spoiiler
- Electric blue colour
- Full carbon design pack
- Carbon roof
- Uprated Meridian
- Winter/visibility pack

Plus some other extras, the only option it does not have is ceramic brakes, but apart from that it is near perfect spec.

My believe is, I paid 81.5k with 17,000 miles, 1 owner, full JLR on time service history. Car was a June 2016 build so it is now 18 months old.

I feel once it hits three years old it will be worth 65-70k, I shall extend the JLR warranty before it runs out to cover any warranty failure and to maintain value.

I feel at 4yr old with 40k miles the car will still be worth circa 60k.

A lot of people tried to scare monger me, saying it will be worth 40k once 4 years old, which is the gamble I've decided to take, I may not even sell this car as its bloody fantastic, so much soul and character which the German rivals lack.

I firmly believe the SVR will hold value better than the regular R AWD and a lot better than the older S/R RWD models, particular convertibles. AWD Coupes are the most desirable and Jaguar have still sold less than 200 SVR in the UK since launch.

As such I think its rarity, desirability will help buck the depreciation trend on the SVR.

Also what happens if 2019 there is no more SVR, or even worse JLR introduce a V8 TT or V6 TT for a new SVR model, we've seen what turbocharged did for values of older NA porsches and BMW's. So if that happens then depreciation won't be that bad at all.

But I got the car because I enjoy it, total riot and makes me feel like a kid. smile

Big Brin

529 posts

240 months

Thursday 21st December 2017
quotequote all
Nice one Gibbo.....