Jaguar XJ8, why so cheap?
Jaguar XJ8, why so cheap?
Author
Discussion

thethedev

Original Poster:

4 posts

160 months

Monday 14th October 2013
quotequote all
Done some man maths and decided it actually makes financial sense for me to drive a car with a stupidly sized engine.
There's a few of these about, for under 2k and I am more tempted than I should be. I know they wont be quick but just to own something so absurd would make me happy.
WHy are they so cheap? Likely to bang in epic fashion? or just because no one can afford to run the things?

tbc

3,017 posts

205 months

Monday 14th October 2013
quotequote all
my father had a 1997 XJ Sport for 4 years from about 2005 - 2009

never missed a beat, think he bought a new battery and that was it

MPG was low 20's which explains why they are dirt cheap

he paid just over £2k for it from a mate who bought it in 2002 for £16k

and when he sold it he got over £2k for it

i've seen a few go for £500 with 100k miles and FSH


Northernchimp

1,282 posts

162 months

Monday 14th October 2013
quotequote all
£2k buys a tidy XJR-6 at the moment, crazy.

LayZ

1,836 posts

272 months

Monday 14th October 2013
quotequote all
XJ8s are good. Used to have Nikasil problems but they would have been solved by now.

Reliable, owners love them. They are small inside for the size of car though, typical jag.

If you aren't doing big miles they can definitely make sense. They are very cheap now as everyone wants 60mpg diesel hatches.

andy-xr

13,204 posts

234 months

Monday 14th October 2013
quotequote all
My man maths went along similar lines, I was trudging about in a HDi on it's last legs with a 5 mile a day commute. I thought that petrols probably not going to get cheaper, and I've never owned a V8, so went shopping and came back with a very well looked after S Type. Still needed a few things doing to it, and it's the runt of the family (early 4.0) but it's been a great laugh. Surprisingly economical, I went to Glasgow and back in it yesterday, round trip of about 350 miles and it averaged at 32 to the gallon

Also, it was p!ss cheap to insure, but not to tax.

CDP

8,060 posts

284 months

Monday 14th October 2013
quotequote all
High fuel consumption (but no worse than a big diesel 4X4) and lots about makes them cheap.

A very satisfying car to drive and pretty reliable. My dad's had 99 model since about 2000 without major issues.

Make sure it's got cruise control and that it works. I reckon this makes about 5 to 10% difference to mpg.

I average about 25mpg when I use it but can get close to 30 on a long run. My brother used it to commute from Abbingdon to Harrow and could just crack 30. These are averages by briming the tank and zeroing the counter - the trip computer is a little modes. Neither of us broke an speed limits to achieve these averages but in a Jag (especially one I've borrowed from my father) I don't feel the need to...

P700DEE

1,203 posts

260 months

Monday 14th October 2013
quotequote all
Great bargains , as are the S type wink Mine's a 4.2

Dodsy

7,175 posts

257 months

Monday 14th October 2013
quotequote all
X308s (pre 2003) cheap as chips due to rust and big fuel bills. X350 (2003 on) are also very cheap but dont suffer rust as they are all aluminium. Servicing isnt too bad apart from when you need to change all 8 spark plugs. No cam belt to worry about either.

Some things are expensive e.g. my XJR just had 2 new rear tyres cost £516. That would buy 6 tyres on my wifes golf.

Best place to ask around http://www.jaguarforum.co.uk/





V8RX7

28,982 posts

293 months

Monday 14th October 2013
quotequote all
V8s have problems other than the nikasil.

Also heaters are overly complicated and can expensive to fix etc

Basically why would you buy one instead of an equally cheap likely to be more reliable Merc, BMW, Lexus










But yes I keep thinking about buying one too

AudiWurst

4,801 posts

257 months

Monday 14th October 2013
quotequote all
thethedev said:
WHy are they so cheap? Likely to bang in epic fashion? or just because no one can afford to run the things?
All of the above, plus they are old cars these days and the image is not for everyone. I like them myself, but Jags come with quite a bit of image baggage, and plenty of people would rather have a Merc or a 7-series from that era.

22Rgt

3,575 posts

157 months

Monday 14th October 2013
quotequote all
As above, image baggage- flat cap, driving gloves, pipe, old jacket with elbow patches, golf club,panama hat/tartan blanket ect

CDP

8,060 posts

284 months

Monday 14th October 2013
quotequote all
22Rgt said:
As above, image baggage- flat cap, driving gloves, pipe, old jacket with elbow patches, golf club,panama hat/tartan blanket ect
Is that any worse than the images of old S class, 7 series or Lexus? Probably better really.

Krikkit

27,938 posts

211 months

Monday 14th October 2013
quotequote all
V8RX7 said:
V8s have problems other than the nikasil.

Also heaters are overly complicated and can expensive to fix etc

Basically why would you buy one instead of an equally cheap likely to be more reliable Merc, BMW, Lexus
The issues they do have are similar to the others at the same price. Mercs and BMW's have numerous tricky issues (fuel tank on an E38, W220's have too many electrical gizmos) that are even more expensive to fix.

ETA: Missed one! The LS has few issues that are show-stoppers, but parts are hilariously expensive by comparison.

Edited by Krikkit on Monday 14th October 09:56

Flatinfourth

591 posts

168 months

Monday 14th October 2013
quotequote all
I remember 'busted Sofa'being the nickname for these at a certain Jaguar specialist!

CampDavid

9,145 posts

228 months

Monday 14th October 2013
quotequote all
22Rgt said:
As above, image baggage- flat cap, driving gloves, pipe, old jacket with elbow patches, golf club,panama hat/tartan blanket ect
Indeed, I'm sure you'd rather an Audi S8

What colour is that sodding boathouse? I keep asking but you never seem to know...

Krikkit

27,938 posts

211 months

Monday 14th October 2013
quotequote all
CampDavid said:
22Rgt said:
As above, image baggage- flat cap, driving gloves, pipe, old jacket with elbow patches, golf club,panama hat/tartan blanket ect
Indeed, I'm sure you'd rather an Audi S8

What colour is that sodding boathouse? I keep asking but you never seem to know...
hehe

northwest monkey

6,370 posts

219 months

Monday 14th October 2013
quotequote all
What you want is a little diesel hatchback on a PCP scheme.

A mate of mine only drives these Jags & has done since his early 20s. Awesome cars.

AudiWurst

4,801 posts

257 months

Monday 14th October 2013
quotequote all
The Crack Fox said:
as for the image, they scream 'old school cool'
Jags mean different things to different people. I started a thread on this topic a couple of months back.

I'm with you on the old-school cool thing, but a lot of people still associate Jags with Arfur Daley, or dodgy East End geezers (even though Minder hasn't been on the telly for a long time and the dodgy geezers are all driving X5s these days)

300bhp/ton

41,030 posts

220 months

Monday 14th October 2013
quotequote all
thethedev said:
Done some man maths and decided it actually makes financial sense for me to drive a car with a stupidly sized engine.
There's a few of these about, for under 2k and I am more tempted than I should be. I know they wont be quick but just to own something so absurd would make me happy.
WHy are they so cheap? Likely to bang in epic fashion? or just because no one can afford to run the things?
A 4.0 V8 isn't slow tbh.

And they are that cheap because they are the kind of car that depreciates heavily.

Nothing wrong with this at all and no more risky than buying a V6 Mondeo.

If you care to do some research you'll see all big Jags, some the 4.2 Series III, XJ40, and 6 cylinder X300's have all done the same. And many people have enjoyed owning these at this price point and without drama.

Just have your head screwed on when buying. And buy on condition. I think rust can be an issue and just make sure the engine/gearbox are sweet and the electrics work.


BTW - take a look at Lexus LS, BMW 7 Series and big Merc prices. You'll find it's quite a similar story with value.

CampDavid

9,145 posts

228 months

Monday 14th October 2013
quotequote all
The thing with these old beasts is that they do cost a lot of money to put right if you buy a bad one. Rust, sills, rubber, suspension parts etc can mean that you'll spend a fortune putting a bad one right.

The key is to spend a bit of time finding the right car. I'd personally look for one of the 4.0l cars in either 6 or 8 cylinder form and focus on finding one in tip top shape, you'll struggle to spend too much more than £3000 and that should have bags of life left in it.