Where will f type prices bottom???
#1
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As much as we love the cars, almost all of us are aware of how poorly these cars depreciate. At what point do you think the F type will bottom out. Will it follow suit with all the other models of past or,since it is kind of the last hurrah before electric takes over will it stay a little higher?
#2
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I would say 50 percent for 3 years. Then take another 30 percent off of that base. Here is where owning a Jaguar is problematic.........repairs. No matter how much someone will say on here to the contrary, these cars are difficult to work on. I have owned many Jags over the years. They continue to get more and more difficult to work on. And nobody wants to run to the dealer all the time.
#3
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#4
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That question isn’t off topic at all as it is f type specific. Also there isn’t an ounce of complaining in the original post.
I just wonder what other people think the bottom price will be at. Can someone pick up a $4500 f type someday? Or will they hold steady at 20 grand like the c5 z06 seems to be. All cars find their steady state somewhere, Jaguars in general tend to go REAL low. will the f type break the trend is the question.
I just wonder what other people think the bottom price will be at. Can someone pick up a $4500 f type someday? Or will they hold steady at 20 grand like the c5 z06 seems to be. All cars find their steady state somewhere, Jaguars in general tend to go REAL low. will the f type break the trend is the question.
#5
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Anyway, the lowest price for an F-Type will depend on how little someone is prepared to sell for and how desperate they are to find a buyer. Cars are worth what someone will pay for them.
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andrew0068 (12-23-2020)
#7
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IMOH it is gonna keep sinking like a tank, due to serval factors:
1) people's perception of jag being unreliable(toyota lexus is on the opposite end)
2) sports car brand recognition(think porsche)
3) tuning potential(think audi bmw)
4) market demand for sports car, or even sedans for gods sake, everyone is flocking to suvs, even super small and compromised ones like CH-R, evoque.
The only thing Jag has going for it is the look, but like #4, people's taste have changed, even for people who are in the market for a sports coupe wouldn't necessarily think F type is attractive, quite a bit of them want over exaggerated styling, flashier brand, and 10 huge screens in the cabin surrounded by gloss black trim ^_<
1) people's perception of jag being unreliable(toyota lexus is on the opposite end)
2) sports car brand recognition(think porsche)
3) tuning potential(think audi bmw)
4) market demand for sports car, or even sedans for gods sake, everyone is flocking to suvs, even super small and compromised ones like CH-R, evoque.
The only thing Jag has going for it is the look, but like #4, people's taste have changed, even for people who are in the market for a sports coupe wouldn't necessarily think F type is attractive, quite a bit of them want over exaggerated styling, flashier brand, and 10 huge screens in the cabin surrounded by gloss black trim ^_<
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#8
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IMOH it is gonna keep sinking like a tank, due to serval factors:
1) people's perception of jag being unreliable(toyota lexus is on the opposite end)
2) sports car brand recognition(think porsche)
3) tuning potential(think audi bmw)
4) market demand for sports car, or even sedans for gods sake, everyone is flocking to suvs, even super small and compromised ones like CH-R, evoque.
The only thing Jag has going for it is the look, but like #4, people's taste have changed, even for people who are in the market for a sports coupe wouldn't necessarily think F type is attractive, quite a bit of them want over exaggerated styling, flashier brand, and 10 huge screens in the cabin surrounded by gloss black trim ^_<
1) people's perception of jag being unreliable(toyota lexus is on the opposite end)
2) sports car brand recognition(think porsche)
3) tuning potential(think audi bmw)
4) market demand for sports car, or even sedans for gods sake, everyone is flocking to suvs, even super small and compromised ones like CH-R, evoque.
The only thing Jag has going for it is the look, but like #4, people's taste have changed, even for people who are in the market for a sports coupe wouldn't necessarily think F type is attractive, quite a bit of them want over exaggerated styling, flashier brand, and 10 huge screens in the cabin surrounded by gloss black trim ^_<
#9
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It will come down to long term cost of repair/ownership, IMHO. I've seen plenty of V12 Mercedes that are ~10-15 years old that have lost more than 90% of their value due to maintenance costs. Still very cool cars, just impossible to own and drive without high ongoing costs. Corvettes don't have crippling repair costs because they are GM products and sold in volume.
I have seen the value of my F type go down and thought about getting a Porsche instead. But for me at this time, a Porsche that I am willing to pay for would not be as much fun as a weekend car as my F type. I like F type looks and sound better. 911s have a large following since they are very good cars, making prices higher but maybe less "special" due to abundance. In addition, if you want to see high prices, google prices for used 911 turbo engines (think about that when considering potential costs of ownership).
Every car will lose money (unless the car costs more than many houses, you choose well, do not drive it). I look it as how much you are willing to spend (lose value) and how much pleasure the car gives you. Buy a car you can afford and enjoy it. If you want to make money, buy a beater and invest in an index fund.
As long as I continue to enjoy my F Type and can continue to justify the costs of ownership, mine will stay off the market.
I have seen the value of my F type go down and thought about getting a Porsche instead. But for me at this time, a Porsche that I am willing to pay for would not be as much fun as a weekend car as my F type. I like F type looks and sound better. 911s have a large following since they are very good cars, making prices higher but maybe less "special" due to abundance. In addition, if you want to see high prices, google prices for used 911 turbo engines (think about that when considering potential costs of ownership).
Every car will lose money (unless the car costs more than many houses, you choose well, do not drive it). I look it as how much you are willing to spend (lose value) and how much pleasure the car gives you. Buy a car you can afford and enjoy it. If you want to make money, buy a beater and invest in an index fund.
As long as I continue to enjoy my F Type and can continue to justify the costs of ownership, mine will stay off the market.
#10
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#11
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It seems like the XJS V12 is starting to turn the corner for the well-kept models, from what I've seen. It might have actually appreciated a bit since the last time I went looking for one. I feel like at some point the F will probably do likewise. Though keep in mind, by 'appreciated a bit', a concours-level example of the XJS is now $20k to $25k US instead of like $15k. They'll never be worth anywhere near MSRP.
#12
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Paul_59 (12-22-2020)
#13
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Although I would be on board- just saying....
I would refer the OP to the many posts regarding value from earlier this year stating that jags would be essentially free in 6 months. There were a lot of fancy words and analogies used to make the points but I didn’t understand most of them because I’m not an economics expert.....of wait, yes I am. Snarkiness from earlier this year aside, cars never bottom out. It’s all a matter of finding a price point where each car clears the market and depending on each person marginal utility, there will be value at various points and everyone’s “market” is different. Yes, at some point the depreciation slows to where it’s minimal year to year, but in most cases you will be waiting 6-8 years. There are people buying a base 2014 models for $28k and others wrapping up a deal on a loaded type r 2018 for $75k - both feel they got a great deal (at least I hope so or maybe they shouldn’t have bought) - Like all things, it’s relative.
Last edited by gg2684; 12-18-2020 at 04:07 PM.
#15
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#16
#17
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Except for 911 all non exotic sports cars depreciate badly. Small market to begin with and less later on. Take heart our Maser Ghibli is one of worst on any list and I've bought 2! Went in with eyes open. If you want value try a Ferrari Pista or F12TDF, if kept at low mileage you drive for free and then make a profit. Just sell before $10k service.
#18
#19
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I have to say that far from badly, our cars depreciate magnificently. Since depreciation is the rate of loss of perceived value, only things that slow (or stop) that rate is bad, certainly not the case with Jaguars (E-Type notwithstanding. I'll turrn off pedant mode now ...
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cjp (12-19-2020)
#20
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When it comes to classic car prices... I usually look to Hagerty for indications.
https://www.hagerty.com/valuationtools
I hope the F-type establishes some mystique in the car culture of today, so it can appreciate into the future. (e.g. look at E-type history)
... but in order to achieve this mystique, we have to drive and show off our cars to the general public.
You never know which kid is going to get goose bumps from our F-type exhaust pipes.
https://www.hagerty.com/valuationtools
I hope the F-type establishes some mystique in the car culture of today, so it can appreciate into the future. (e.g. look at E-type history)
... but in order to achieve this mystique, we have to drive and show off our cars to the general public.
You never know which kid is going to get goose bumps from our F-type exhaust pipes.
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Cirving (12-19-2020)