XFR - Balloon offered on Jag PCP deals?

[kbf1981]

Anyone know what sort of balloon / deals Jag are doing on the XFR?

I know they have a very attractive £599 one on the XK.

Just had a look at an XFR today - black, with cream leather and suede headlining! Looked lovely! Wish they'd made it a bit more aggressive.

[sunday-driver]

Prob maximum 30% deposit and ~10% APR. It's quite expensive. Straight HP is better value but the repayments are more. I was quoted this on a nearly new 5.0 XKR for straight HP (did not go for it):

£59,895, £30k deposit, balance of £29895 @ £598 for 60 months (4% flat). Interest = £5985

I can't remember the balloon payment quote but it had a £28k future payment and I think the interest payable was well over £10k. Felt like bad value to me.

I didn't go for either deal. Who needs a 5.0 anyway!

[BigNige]

Why not wait 12months and get £20k off a car that's got 10,000 miles up?

Jaguars always depreciate like there's no tomorrow so take advantage of that.

[sunday-driver]

I agree. Just wait. Or get an SV8 in the meantime if you can't, you could always spend £3k on an XFR bodykit!

I think that £60k XKR balloon deal was:
£20k deposit
36 months at £770
Final payment £28k
Interest: £15k

Not recommended.

[Fatsterjack]

Dealer finance will never be the cheapest - there is a contact hire deal on new XK's currently (standard model) c£9k down + 36 @ £599. Of course that is contract hire + on a car with no options. I'm not sure if they will do something similar on an XFR.

[Diderot]

I was quoted a 25k GMFV after 3 years on a brand new one at the end of April; bought the SV8 instead (6 months old, 5k miles, and 35k purchase price and a 20k GMFV). XFR, IMO wasn't worth the massive extra outlay. Get one when it's a year old, or get an SV8 for now - 420bhp and it's still massively quick.

[Cecil]

and there is me thinking this thread was about Phencyclidine

[Triple7]

I went to but an XFR in May. 3 yrs, 15k miles £1600pm GMFV £21k. Yikes..... Kept my Disco3.

[BigNige]

Triple7 said:

I went to but an XFR in May. 3 yrs, 15k miles £1600pm GMFV £21k. Yikes..... Kept my Disco3.

Blardy hellers!

They wanted you to pay £57600 over 3 years on a car price of £59,000 (for assumptions sake) and then kick you in the goolies afterwards with a valuation of only 35% of it's original price?

That's effectively a rental of £2655 a month or £90 a day with nothing at the end!

That's just a joke!

[kbf1981]

BigNige said:

Triple7 said:

I went to but an XFR in May. 3 yrs, 15k miles £1600pm GMFV £21k. Yikes..... Kept my Disco3.

Blardy hellers!

They wanted you to pay £57600 over 3 years on a car price of £59,000 (for assumptions sake) and then kick you in the goolies afterwards with a valuation of only 35% of it's original price?

That's effectively a rental of £2655 a month or £90 a day with nothing at the end!

That's just a joke!

Agreed.

[kbf1981]

Diderot said:

I was quoted a 25k GMFV after 3 years on a brand new one at the end of April; bought the SV8 instead (6 months old, 5k miles, and 35k purchase price and a 20k GMFV). XFR, IMO wasn't worth the massive extra outlay. Get one when it's a year old, or get an SV8 for now - 420bhp and it's still massively quick.

£25k on a £50k ex-demo via 8% PCP wouldn't be bad.

£25k over 3 yrs, plus 8% APR would be....£700 pcm with a small deposit?

That probably under-estimates the depreciation.

[Triple7]

Didn't know you could do a PCP on a used car....my figures do seem quite pricey. I'll see if I can find that quote.....

[kbf1981]

You generally can't on a used car, but you can on an ex-demo.

[BigNige]

In all seriousness, if folks want a 4 door muscle car then why not consider a VXR8?

Loads of car for the money and the Bathurst edition featured on Top Gear is superb.




(dons flame suit)

[Triple7]

Coz it ain't a Jag!

[BigNige]

True, it is Australian and not Indian.