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2016 v 2017 F-Type R

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Old 04-15-2020, 07:27 PM
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Default 2016 v 2017 F-Type R

Hi Everyone,

First timer to the forum, and first time soon to be buyer of a Jaguar. I know that I am getting a F-Type R and am presented with two options:
A 2016 F-Type R Coupe with the color and options I want (vision package, black rims, etc.) for $51k, <40k miles
A 2017 F-Type R Coupe with the color and options I want (vision package, black rims, etc.) for $55k, <32k miles

Now the 2017 is a CPO, whereas the 2016 is not. The warranty aside, are there any major technical changes to the exterior or interior, between 2016 and 2017? I've been looking online and haven't been able to get a clear concise answer. I realize the CPO warranty and lower mileage adds to the increased cost. But just wondering if there is anything else the 2017s have that I might need to consider (exterior design, or interior features)? I think the infotainment system was updated.

I apologize if this isn't the right place to put this, or if this might have been answered already. But any advice from current owners would be appreciated.

Thanks in advance!
 
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Old 04-15-2020, 07:47 PM
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Newer is always better and Jag CPO is one of better ones.
 
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Old 04-15-2020, 07:57 PM
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For $4K buddy buy the 2017!

ENJOY, it's a great thing.
 
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Old 04-15-2020, 08:03 PM
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Would you say the same for a $7k difference?
 
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Old 04-15-2020, 08:04 PM
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Take the 17, less miles, extra yr of warranty & maint
 
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Old 04-15-2020, 08:05 PM
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Originally Posted by jithu9684
Would you say the same for a $7k difference?
Yes! You can get 1.99% financing. Don't over extend yourself but over a 4-5 year period its $150/month more
 
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Old 04-15-2020, 08:22 PM
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Thanks to all! Out of curiosity, what were the changes for 17??
 
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Old 04-15-2020, 08:32 PM
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Originally Posted by jithu9684
Thanks to all! Out of curiosity, what were the changes for 17??
Go here: https://www.jaguarforums.com/forum/f...5/#post2174999
Then download the 16 and 17 brochures and compare.
 
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Old 04-15-2020, 09:37 PM
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Originally Posted by jithu9684
Hi Everyone,

First timer to the forum, and first time soon to be buyer of a Jaguar. I know that I am getting a F-Type R and am presented with two options:
A 2016 F-Type R Coupe with the color and options I want (vision package, black rims, etc.) for $51k, <40k miles
A 2017 F-Type R Coupe with the color and options I want (vision package, black rims, etc.) for $55k, <32k miles

Now the 2017 is a CPO, whereas the 2016 is not. The warranty aside, are there any major technical changes to the exterior or interior, between 2016 and 2017? I've been looking online and haven't been able to get a clear concise answer. I realize the CPO warranty and lower mileage adds to the increased cost. But just wondering if there is anything else the 2017s have that I might need to consider (exterior design, or interior features)? I think the infotainment system was updated.

I apologize if this isn't the right place to put this, or if this might have been answered already. But any advice from current owners would be appreciated.

Thanks in advance!
I apologize for harping on this, but in the spirit of saving you money. Both are priced double what they are currently worth. If you wait two years they will halve again. See:

https://www.google.com/amp/s/www.blo...-auto-industry
 
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Old 04-16-2020, 07:30 AM
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Originally Posted by RacerX
I apologize for harping on this, but in the spirit of saving you money. Both are priced double what they are currently worth. If you wait two years they will halve again. See:

https://www.google.com/amp/s/www.blo...-auto-industry
That was an interesting read, thanks for sharing. I was hoping that current prices impacted over the last month would yield a good deal, but in reading that, it sounds like prices could continue to go down for a few months.

But waiting two years...that would be the same as instead of buying a 2017, buying a 2015 wouldn't it?
 
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Old 04-16-2020, 09:08 AM
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Cars are only worth what someone is willing to pay for them ....
 
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Old 04-16-2020, 10:19 AM
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Originally Posted by jithu9684
That was an interesting read, thanks for sharing. I was hoping that current prices impacted over the last month would yield a good deal, but in reading that, it sounds like prices could continue to go down for a few months.

But waiting two years...that would be the same as instead of buying a 2017, buying a 2015 wouldn't it?
All prices will fall, so not really. You will be able to buy a newer car for less than an older car, today.

As the article points out, there are essentially only asking prices today, there are no bids. Inventory is just piling up at the rate it comes in. This is known as price discovery. Without transactions no one knows the market price, other than the obvious reality that asking prices are so much higher than actual market value the entire market has frozen.

This has never happened on this scale in the history of recorded market data, so its is not a small event. A few things to consider:

Oil price is a good proxy for how the market values future energy demand with respect to the auto industry and more. Oil prices are in absolute freefall. The US gov announced today we are considering paying US oil producers to stop pumping, meaning the real world WTI oil price is passing zero on the way to negative.

Hertz just floated bankruptcy without nationalization. There's a proxy for demand of driven miles. Today US gov announced they are nationalizing the airlines by tying a huge equity stake and decision making control in exchange for the bailout. Thats a guaranteed long term mess which is likely to affect auto giants similarly. Airlines are down 10%, today.

The population of NY city is 8M. We are currently losing 5M jobs per week, so antire major metro city's worth of jobs. Per week. So far 21M jobs gone in the past month. Those are burned, you don't just flip a switch to create a new company.

And if you think these stats aren't intentionally rosey with the intent of revising them heavily down after people stop looking, you weren't watching in 2000 and 2010. That is standard bureaucrat operating procedure.
​​​​​​
Bottom line: You can buy now and name your dream price and maybe have 100s of sellers swarm you. Or, you can wait 1-2 years when prices are below your wildest deams.

The real question is, will people act to put themselves in a position to afford that low price in two years? The lesson of the Great Depression was that 90% average price declines made goods and services completely unaffordable for most. Their worst labor participation rate was 76%. Today's labor participation rate is 58%.
 

Last edited by RacerX; 04-16-2020 at 10:28 AM.
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  #13  
Old 04-16-2020, 11:06 AM
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Go with the 2017, no question
 
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Old 04-16-2020, 11:57 AM
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Originally Posted by Lani Kai
Go with the 2017, no question
Weren't 2017s the first ones with reduced noise software? Pops and crackles might be less under 3500 RPM, be sure to compare.
 
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Old 04-16-2020, 12:19 PM
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Originally Posted by RacerX
Weren't 2017s the first ones with reduced noise software? Pops and crackles might be less under 3500 RPM, be sure to compare.
Not in the UK - my 2018, which had the software "upgrade", still spits, pops and crackles in dymanic mode below 3k rpm. It's just a little quieter (but still not quiet) in non-dymanic mode at low revs.
 
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