F-Types - Astonishing Value!

F-Types - Astonishing Value!

Author
Discussion

anonymous-user

54 months

Thursday 16th March 2023
quotequote all
8bit said:
stickleback123 said:
It's a drab colour (poor photos do it no favours) but given the mileage and grade 2 condition this is very cheap. The missing service history won't help but you're often surprised what you can find on the Jaguar online system. The £23k CAP implies WBAC would have paid maybe £19k for it, so that's also what it'd get at trade in



Has the 380W Meridian Premium sound system and switchable exhaust too. Essential red tick is for a bald rear tyre.

That'll be a lot of fun for ~£23k; that's literally 3 year old MX5 money.

Edited by anonymous-user on Thursday 16th March 11:49
Is this car available to the general public to buy, or only in the trade?
Trade only, although getting a BCA account is about as tricky as hitting the toilet bowl when you take a crap.

I find the fact the seller will have taken less than £23k more interesting than the CAP price prediction - WBAC (which is usually the same or similar to dealer trade in offers) is who private buyers are competing with by and large; go into the market with two or three grand more than WBAC are paying for them and you should be able to buy a car easily enough.

Cars like this one will be widely changing hands for sub £20k before the end of this year, I imagine a leggy V6 already would.

ETA CAP values on this car are

Below Average - £20,600
Average - £21,900
Clean - £23,200
Retail - £28,000

You'd expect to pay between CAP Clean and Retail for it, if it doesn't have any faults. So it's a £26k car privately, tops. As it stands the roof doesn't work so you'd knock £2k off for that then take it to Cayman Autos and get it fixed for £800.

WBAC on this car would be no more than £20,500

eBay will be the best way to see what they actually sell for publically.

Edited by anonymous-user on Thursday 16th March 14:26

Phil.

4,763 posts

250 months

Thursday 16th March 2023
quotequote all
stickleback123 said:
It's a drab colour (poor photos do it no favours) but given the mileage and grade 2 condition this is very cheap. The missing service history won't help but you're often surprised what you can find on the Jaguar online system. The £23k CAP implies WBAC would have paid maybe £19k for it, so that's also what it'd get at trade in



Has the 380W Meridian Premium sound system and switchable exhaust too. Essential red tick is for a bald rear tyre.

That'll be a lot of fun for ~£23k; that's literally 3 year old MX5 money.

Edited by stickleback123 on Thursday 16th March 11:49
I had a 2014 in that colour and it looks much better in the flesh, received compliments from random people too : )


anonymous-user

54 months

Thursday 16th March 2023
quotequote all
Phil. said:
I had a 2014 in that colour and it looks much better in the flesh, received compliments from random people too : )

That looks great. BCA appear to not have updated their digital cameras since 2007, sometimes you can't actually tell what colour a car is between dark blue/black.

8bit

4,866 posts

155 months

Thursday 16th March 2023
quotequote all
stickleback123 said:
8bit said:
stickleback123 said:
It's a drab colour (poor photos do it no favours) but given the mileage and grade 2 condition this is very cheap. The missing service history won't help but you're often surprised what you can find on the Jaguar online system. The £23k CAP implies WBAC would have paid maybe £19k for it, so that's also what it'd get at trade in



Has the 380W Meridian Premium sound system and switchable exhaust too. Essential red tick is for a bald rear tyre.

That'll be a lot of fun for ~£23k; that's literally 3 year old MX5 money.

Edited by stickleback123 on Thursday 16th March 11:49
Is this car available to the general public to buy, or only in the trade?
Trade only, although getting a BCA account is about as tricky as hitting the toilet bowl when you take a crap.

I find the fact the seller will have taken less than £23k more interesting than the CAP price prediction - WBAC (which is usually the same or similar to dealer trade in offers) is who private buyers are competing with by and large; go into the market with two or three grand more than WBAC are paying for them and you should be able to buy a car easily enough.

Cars like this one will be widely changing hands for sub £20k before the end of this year, I imagine a leggy V6 already would.

ETA CAP values on this car are

Below Average - £20,600
Average - £21,900
Clean - £23,200
Retail - £28,000

You'd expect to pay between CAP Clean and Retail for it, if it doesn't have any faults. So it's a £26k car privately, tops. As it stands the roof doesn't work so you'd knock £2k off for that then take it to Cayman Autos and get it fixed for £800.

WBAC on this car would be no more than £20,500

eBay will be the best way to see what they actually sell for publically.

Edited by stickleback123 on Thursday 16th March 14:26
So WBAC offered fully 2 grand less for mine (based on the online valuation) than I was getting offered for trade-in or by Motorway.co.uk. Not saying that's what happened in this case but just that they are not always in line with P/X values. In this case, do we know for sure the previous owner sold it to WBAC? I mean, couldn't they have traded it in and the dealer has just put it straight to auction?

In any case, as it's in the trade it almost certainly won't be bought by an end user for £23k, it'll go to a dealer (who may or may not address the issues it has) then sell it for as much as they think they can get.

anonymous-user

54 months

Thursday 16th March 2023
quotequote all
Yes I know it went to WBAC and I know how much it went for.

8bit

4,866 posts

155 months

Thursday 16th March 2023
quotequote all
stickleback123 said:
Yes I know it went to WBAC and I know how much it went for.
OK fair enough, just your sentence in your initial post didn't confirm that:

stickleback123 said:
The £23k CAP implies WBAC would have paid maybe £19k for it, so that's also what it'd get at trade in
In any case, my point about WBAC and trade-in values stands, they don't always match up from my (admittedly relatively limited) experience. I'm also not sure that eBay prices are necessarily in line with private sale prices either, like BCA car auctions I think there's (rightly or wrongly) a perception that buying a car at auction carries greater risk so many people won't even entertain the idea, or would expect to pay a lower price for a car, all other things being equal, than one at private sale.

TheCoot

38 posts

148 months

Thursday 16th March 2023
quotequote all
Stick Legs said:
Off Topic:
I spent my early 20’s driving fast cars. V12 Jags, BMW 635CSi, Nissan 200SX etc etc.

So glad I did. If modern financing models had been available then no doubt I’d gave been into approved used M3’s, 911’s & R8’s.

Then I put all my energy into getting the house I want the way I want it.

Fast cars will return, but there’s not the urgency that I may have felt if I had waited.
Exactly ;-)

rawenghey

482 posts

21 months

Friday 17th March 2023
quotequote all
akirk said:
As for comparison between jag and Porsche - I have driven a lot of both - they are all fantastic cars, but I prefer the looks of the jag (in my view one of the prettiest cars ever made) and I prefer the driving experience - yes the 911 might be technically more competent but the f-type gives me more of the driving experience I want - I prefer the cabin feel and the sounds and handling - it has a character that I feel the 911 lacks - the Porsche interior is too bland and Germanic for me, the jag is like slipping into a well worn pair of churches for the weekend - or going to the club… very British and beautifully designed and put together…
A well worn pair of churches. Wow, yeah, haha, I am definitely a decade or three too young to be considering a Jag then laugh

akirk

5,389 posts

114 months

Friday 17th March 2023
quotequote all
rawenghey said:
akirk said:
As for comparison between jag and Porsche - I have driven a lot of both - they are all fantastic cars, but I prefer the looks of the jag (in my view one of the prettiest cars ever made) and I prefer the driving experience - yes the 911 might be technically more competent but the f-type gives me more of the driving experience I want - I prefer the cabin feel and the sounds and handling - it has a character that I feel the 911 lacks - the Porsche interior is too bland and Germanic for me, the jag is like slipping into a well worn pair of churches for the weekend - or going to the club… very British and beautifully designed and put together…
A well worn pair of churches. Wow, yeah, haha, I am definitely a decade or three too young to be considering a Jag then laugh
Don't worry - you will get there eventually winkbiggrin

anonymous-user

54 months

Friday 17th March 2023
quotequote all
rawenghey said:
A well worn pair of churches. Wow, yeah, haha, I am definitely a decade or three too young to be considering a Jag then laugh
I'm more of a hand made Italian calfskin boot sort of chap, and I think the X351 nicely took Jaguar into that market hehe

EVOTECH3BELL

787 posts

24 months

Friday 17th March 2023
quotequote all
After reading the above about CAP prices, I feel like every F type on auto trader and ebay is way overpriced.

Is the only way to just buy at auction through BCA and be less fussy about the spec etc of the car you want.

Would pain my to pay 35-40k for something that goes through auction at 25k

anonymous-user

54 months

Friday 17th March 2023
quotequote all
EVOTECH3BELL said:
After reading the above about CAP prices, I feel like every F type on auto trader and ebay is way overpriced.

Is the only way to just buy at auction through BCA and be less fussy about the spec etc of the car you want.

Would pain my to pay 35-40k for something that goes through auction at 25k
CAP also provide retail prices too, 28k for the one in question which isn't bad at all if they've fixed the roof, fetched it, prepped it, maybe serviced and MOTd it, and you have a warranty that isn't a "fk off m8" job.

That car is very cheap, first one I've seen that low, but plenty go through for mid 20s to low 30s. Buyers of old smoker Jags generally get a hard on for low miles, which makes it even more surprising that it's so cheap because it is a low mileage car, but it makes you wonder what a similar car with 80k on the clock would fetch. It's a sign of me getting old that the F Type feels like a recent launch (and the fact Jaguar are still rather touchingly trying to sell them) but it's a decade old car now.

If you're watching the market (autotrader, eBay etc) for any niche-ish but ultimately mass produced car that's common enough to see regular sales but rare enough you can actually keep an eye on individual ads you soon get to know the familiar old faces that are hanging around unsold for ages at optimistic prices, they just become a backdrop to actual transactions, and then you see the odd new entrant at a good price that'll be gone in a fortnight, tops. I've not watched F-Types but I suspect it's the same.

I'll let you know what that F-Type goes for. Given where the market appears to be heading I think I'll be morally obliged to buy one soon hehe

Edited by anonymous-user on Friday 17th March 13:43

8bit

4,866 posts

155 months

Sunday 26th March 2023
quotequote all
stickleback123 said:
CAP also provide retail prices too, 28k for the one in question which isn't bad at all if they've fixed the roof, fetched it, prepped it, maybe serviced and MOTd it, and you have a warranty that isn't a "fk off m8" job.

That car is very cheap, first one I've seen that low, but plenty go through for mid 20s to low 30s. Buyers of old smoker Jags generally get a hard on for low miles, which makes it even more surprising that it's so cheap because it is a low mileage car, but it makes you wonder what a similar car with 80k on the clock would fetch. It's a sign of me getting old that the F Type feels like a recent launch (and the fact Jaguar are still rather touchingly trying to sell them) but it's a decade old car now.

If you're watching the market (autotrader, eBay etc) for any niche-ish but ultimately mass produced car that's common enough to see regular sales but rare enough you can actually keep an eye on individual ads you soon get to know the familiar old faces that are hanging around unsold for ages at optimistic prices, they just become a backdrop to actual transactions, and then you see the odd new entrant at a good price that'll be gone in a fortnight, tops. I've not watched F-Types but I suspect it's the same.

I'll let you know what that F-Type goes for. Given where the market appears to be heading I think I'll be morally obliged to buy one soon hehe

Edited by stickleback123 on Friday 17th March 13:43
Now's your chance...

https://www.autotrader.co.uk/car-details/202303255...

anonymous-user

54 months

Monday 27th March 2023
quotequote all
That car went for £27,900 + fees last week against a £23,200 CAP clean so that's actually not bad if you're buying retail, probably a £4,000 margin in it for him after a little haggle.

I did think that CAP price was very very low given the mileage. Hopefully it'll find a loving home and be sliding everywhere and making the owner laugh out loud on every trip.


Edited by anonymous-user on Monday 27th March 02:10

EVOTECH3BELL

787 posts

24 months

Monday 27th March 2023
quotequote all
Bit old man spec with the colour and the cream non performance seats. I'd spend a few k more and get the one currently at the car specialists in Sheffield

bennno

11,634 posts

269 months

Monday 27th March 2023
quotequote all

I’d not touch such a car that’s being sold using the bca auction photos , presumably prior to any form of check over and last serviced in June 22………

Lot of expensive things to go wrong in these. That one has the starter button that’s transformed in to a sticky fruit pastille.


8bit

4,866 posts

155 months

Monday 27th March 2023
quotequote all
stickleback123 said:
That car went for £27,900 + fees last week against a £23,200 CAP clean so that's actually not bad if you're buying retail, probably a £4,000 margin in it for him after a little haggle.

I did think that CAP price was very very low given the mileage. Hopefully it'll find a loving home and be sliding everywhere and making the owner laugh out loud on every trip.


Edited by stickleback123 on Monday 27th March 02:10
So does that suggest that prices are firming up again then, if that went for auction well above CAP? Wasn't that the one that had a few potentially fairly costly issues, not exactly "clean" then really?

anonymous-user

54 months

Monday 27th March 2023
quotequote all
8bit said:
So does that suggest that prices are firming up again then, if that went for auction well above CAP? Wasn't that the one that had a few potentially fairly costly issues, not exactly "clean" then really?
It does rather, I was talking to a chap who deals in a lot of middle aged sports cars and he said values are on a definite upswing the last couple of weeks.

Totally agree with comments on not touching a dealer that lazy.

craigjm

17,950 posts

200 months

Monday 27th March 2023
quotequote all
That last car certainly is not “astonishing value”

reddiesel

1,955 posts

47 months

Tuesday 28th March 2023
quotequote all
8bit said:
So does that suggest that prices are firming up again then, if that went for auction well above CAP? Wasn't that the one that had a few potentially fairly costly issues, not exactly "clean" then really?
I dont think its by any means rocket science . Especially amongst nearly new stock and largely on account of wiring loom shortages from Ukraine and chip shortages from the Far East , strong prices are both being asked for and more often than not being realised . People for obvious reasons are holding onto vehicles longer which in turn leads to scarcity and the appreciation of prices at Auction . Getting back to F Types , these will always remain a specialised buy for most people and the bulk of them will never be bought by a Private Buyer in an Auction ring . The best of the stock presently resides with the Dealerships or indeed the original owners who want to get out whilst they still can with some wedge intact .
Ultimately for future residuals there will be two models with desirability , the V8 R and the SVR . " Run Out " Special Editions historically when it comes to Jaguars , seldom enjoy any increased desirability over the Model they are based on despite what the Trade thinks .
V6 F Types and the 2.0 variants will have very little appeal amongst Jaguar Enthusiasts in future years , I liken them to a Mk2 240 and a Mk2 3.8 . nobody ever covets the lesser Model and enthusiasts the World over I suspect will echo this viewpoint . I am not decrying the enjoyment or indeed competence of any of these vehicles , I am talking purely future desirability and residuals .