So how much does a manual transmission impact value?
#1
So how much does a manual transmission impact value?
I have a 2017 F-Type S convertible that I placed a custom order for way back at the beginning of 2016. Among other things, I got it with a manual transmission. I know when it comes to F-Types the manual transmission is a pretty rare option and I've seen them sell for significantly more than like F-Types with automatic transmissions. After having it for eight years, I'm going to get a new car. I'm open to selling it directly to another individual or trading it in on a new car. I did a search on AutoTrader to get an idea of the current asking prices, but there is literally not a single manual transmission F-Type listed in the entire United States. When I remove the manual transmission selection, 589 are available. Does anyone have an idea of how much a manual transmission impacts the value of an F-Type in the current market?
#2
Check post 16 here
https://www.jaguarforums.com/forum/f...type-s-244621/
I bought my MY2017 in Oct of 2020. Amazed that it had sat at selling dealer for 3 months, but maybe that was due to COVID. As written elsewhere, check BAT sales results. For consideration,, Hagerty valuation guide indicates deducting 10% for an Etype with an automatic, so perhaps adding 10% for an F with manual may make sense. A place to start?? With the few manuals made , and considering how many of them may still be on the road, if I were to offer mine, I would add 20%. Mine has the 4th G clutch and about 15K miles on that clutch. It is only the 6 cyl. but has the panoramic roof, the 770 meridian, the Vision package and the auto climate package. You could start out trying to sell it here, no cost to you, any BAT - type site or dealer will cost you.
If you scroll down a bit in that post, there is a reply that lists several websites for car sales. I watch those, too and did see 1 or 2 currently, but this may not be the time of year for folks to sell
https://www.jaguarforums.com/forum/f...type-s-244621/
I bought my MY2017 in Oct of 2020. Amazed that it had sat at selling dealer for 3 months, but maybe that was due to COVID. As written elsewhere, check BAT sales results. For consideration,, Hagerty valuation guide indicates deducting 10% for an Etype with an automatic, so perhaps adding 10% for an F with manual may make sense. A place to start?? With the few manuals made , and considering how many of them may still be on the road, if I were to offer mine, I would add 20%. Mine has the 4th G clutch and about 15K miles on that clutch. It is only the 6 cyl. but has the panoramic roof, the 770 meridian, the Vision package and the auto climate package. You could start out trying to sell it here, no cost to you, any BAT - type site or dealer will cost you.
If you scroll down a bit in that post, there is a reply that lists several websites for car sales. I watch those, too and did see 1 or 2 currently, but this may not be the time of year for folks to sell
Last edited by Valerie Stabenow; 01-26-2024 at 02:12 PM.
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#3
It sounds like you're hoping the a MT will bring a premium. But, I doubt it.
The "good news" is that you have a rarer version of the (already fairly rare) F-Type.
The "bad news" is that it's rarer because there weren't many people willing to buy one (more hands-on control, but slower off the line).
I doubt many in the used market are aware of the early clutch issues, but it won't help, even though that eventually got straightened out.
You might have to look further afield for comps. I found a MY18 on cars.com for $26,795 - priced below all of the MY17-MY18 automatics. There's also BAT, Cargurus, eBay Motors, etc. Some will also show you previous listings/sales.
My suggestion would be to price it at what you feel is reasonable, even if you use Auto's as comps. You might list it in more than 1 spot, including the forum Marketplace.
Then, sit back and be very patient. The good news (again) is that you only need one buyer. They just have to find you.
Good luck!
The "good news" is that you have a rarer version of the (already fairly rare) F-Type.
The "bad news" is that it's rarer because there weren't many people willing to buy one (more hands-on control, but slower off the line).
I doubt many in the used market are aware of the early clutch issues, but it won't help, even though that eventually got straightened out.
You might have to look further afield for comps. I found a MY18 on cars.com for $26,795 - priced below all of the MY17-MY18 automatics. There's also BAT, Cargurus, eBay Motors, etc. Some will also show you previous listings/sales.
My suggestion would be to price it at what you feel is reasonable, even if you use Auto's as comps. You might list it in more than 1 spot, including the forum Marketplace.
Then, sit back and be very patient. The good news (again) is that you only need one buyer. They just have to find you.
Good luck!
#4
#5
That is one reason. However, the primary reason there are so few is that they didn't offer a manual transmission when the car debuted and for several years thereafter. Then, once they did, they were only offered for two years before Jaguar stopped making them. My guess is that Jaguar's trouble with the clutch coupled with low quantity just made it not worth it. Add to this the fact that few dealerships would bring in a manual transmission car unless it was special ordered. If they had offered a manual from the beginning through now and stocked them, there would be far more F-Types with manual transmissions in the pool of cars available for sale. Differences in sale prices that I've seen in the past confirm that the MT cars do go for more. Of course, that was then and this is now. Autotrader and CarGurus literally have over 500 F-Types showing nationwide, but not one with a MT. That's a thin market!
Not clear to me it commands a premium. Afterall, wasn't it less expensive when new?
#6
People who want a manual transmission generally want that pretty strongly. I own one, and never considered buying an auto. Given that the 6MT is rare, it can be hard to find a car that also meets a shopper's other "wants" for color, equipment, mileage, etc. Like others have said, the price premium depends on how hard it is at the time you are trying to sell it to find an MT car that meets all the shopper's criteria. Whether or not you've had the gen 4 clutch installed is a factor though.
I agree with Valerie that, with patience, you can find a buyer willing to pay 10% to 20% more for a 6MT. I've read posters here talking about looking for the perfect 6MT for a year. Catch that person and they will pay the premium. My guess is that this forum is the best place to find the buyer you want. I bought mine here. BaT is also a good place to find a manual enthusiast. Shoppers on the other sites are less likely to crave a manual.
Personally, I think the 6MT will hold more value than an equivalent automatic in the long run due to the rarity.
I agree with Valerie that, with patience, you can find a buyer willing to pay 10% to 20% more for a 6MT. I've read posters here talking about looking for the perfect 6MT for a year. Catch that person and they will pay the premium. My guess is that this forum is the best place to find the buyer you want. I bought mine here. BaT is also a good place to find a manual enthusiast. Shoppers on the other sites are less likely to crave a manual.
Personally, I think the 6MT will hold more value than an equivalent automatic in the long run due to the rarity.
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#7
No. It was the same price. Back in the day the manual transmission cars cost less, but that seems to have changed. My 2014 BWM 435i cost the same with the manual transmission as it would have with an automatic. Speaking of that car, the transmission is the same as the one that's in the F-Type. Therefore, getting parts for the transmission shouldn't be an issue. The clutch is different of course and is a whole different story.
This is the case with me. I only buy MT cars. When I first saw an F-Type, I knew that I had to have one. Then I found out that they were not offered with a MT. I gave up after a couple of years and bought the BMW 435i. When the F-Type started being made with a MT, I was on it like a fly on poop.
BTW, I'm not sure if mine has the 4th generation clutch or not, but it's on its third clutch and has been doing fine for about 20k.
I'm looking at ordering a BMW M2 (with a MT of course), so I would have a few months to sell the F-Type.
BTW, I'm not sure if mine has the 4th generation clutch or not, but it's on its third clutch and has been doing fine for about 20k.
I'm looking at ordering a BMW M2 (with a MT of course), so I would have a few months to sell the F-Type.
Last edited by Bret_T; 01-26-2024 at 04:47 PM.
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#8
I'm old enough to remember that for decades in the US, an automatic was a cost option over a manual (usually in the $500-$2500 range, depending on make/model). Then, as the cost of automatic transmissions came down and technology improved, they were on cost parity with each other and you could usually order a car either way for the same cost. Eventually, as automatics became cheaper and faster (manuals used to *always* be faster than autos because of the sloppy/lethargic torque converters in automatics) and manuals became rarer, it was a cost option for a manual--which is where many manufacturers are today. It's a shame, but for once the government had no real hand in this (other than mandating better fuel economy, which was easier to guarantee in an automatic) and the market chose automatics over manuals and so that's where we're at.
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#9
#10
That is one reason. However, the primary reason there are so few is that they didn't offer a manual transmission when the car debuted and for several years thereafter. Then, once they did, they were only offered for two years before Jaguar stopped making them. My guess is that Jaguar's trouble with the clutch coupled with low quantity just made it not worth it. Add to this the fact that few dealerships would bring in a manual transmission car unless it was special ordered.
And yes, the first generation clutch really was that bad.
I think that a 6MT could fetch a premium selling now, but would require waiting for the right buyer. As always, the best negotiating chip is the freedom to walk away.
#12
#14
About 1000 manual F-types were sold in the US and Canada between 2016 and 2019 model years. That's one reason the market is thin, another is that people who have them tend to keep them. I saw strong interest when I sold my 2016 base manual in May 2021. The prior month I was lucky to find my current 2017 S convertible manual with 6400 miles though this forum. I paid what I deem a market-correct price with no regret, though some may have seen it as above market.
#15
A car is "worth" what someone is willing to pay for it, so there's no definitive answer to the value of a vehicle. If it sells at the asking price, that's its market value - if it doesn't, it isn't. So you have to find someone who wants what you've got and agrees with you on the price - easy!
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#17
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