why is the value dropping so fast?
#41
While the value on these cars drop, I'm yet to find a good deal from sellers on it. For example this this used base probably isn't a good value at the listed price
2015 Jaguar F-TYPE - Park Place
2015 Jaguar F-TYPE - Park Place
2014 Jaguar F-TYPE S, $68,000 - Cars.com
#42
How about this one? V8 Vert 26K miles, asking $41,000 below sticker.
2014 Jaguar F-TYPE S, $68,000 - Cars.com
2014 Jaguar F-TYPE S, $68,000 - Cars.com
#44
I purchased my '14 base convertible brand new for close to $60K, so from where I sit, depreciation is actually looking a little better than the percentage average of all cars.
Predictably, the $100K V8s are the ones with dramatic price drops, and that's almost always true with all makes in that price class and above.
#45
The average depreciation rate in the industry is 17% in year one and 10-13% in consecutive years. Most used listings seem to be in line with this trend, or slightly better.
What you have to remember is that 17% of a 100k auto is a lot more than 17% of a 40K auto, so the depreciation rate will appear to be larger than it actually is.
17% sucks, but it could be worse if you own one of these (including an XK).
Link: Cars That Lose Value The Fastest
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shift (04-14-2015)
#47
#48
+1
The average depreciation rate in the industry is 17% in year one and 10-13% in consecutive years. Most used listings seem to be in line with this trend, or slightly better.
What you have to remember is that 17% of a 100k auto is a lot more than 17% of a 40K auto, so the depreciation rate will appear to be larger than it actually is.
17% sucks, but it could be worse if you own one of these (including an XK).
Link: Cars That Lose Value The Fastest
The average depreciation rate in the industry is 17% in year one and 10-13% in consecutive years. Most used listings seem to be in line with this trend, or slightly better.
What you have to remember is that 17% of a 100k auto is a lot more than 17% of a 40K auto, so the depreciation rate will appear to be larger than it actually is.
17% sucks, but it could be worse if you own one of these (including an XK).
Link: Cars That Lose Value The Fastest
Depreciation Infographic: How Fast Does My New Car Lose Value?
So depending on condition of the F-Type, you can easily see a 2014 (2 year old) that MSRP for $100K to be in the $60K range. No big surprise folks.
FWIW, when I got rid of a 2013 Porsche 911 (new 991 generation) w/ about 14K miles, I took a 17% hit. That's 17% in 1.5 years on a mint condition car. The guy that will eventually buy my car will probably get it from 80% of MSRP after 1.5 years. That's 20% in 1.5 years. Sports cars depreciate like crazy!
Expense hobby :/
#52
Funny, today Jalopnik put the 2015 Coupe R on their list of cars they think will appreciate in 10 years. I don't believe it will actually happen but good timing none-the-less.
Ten New Cars That Could Be Worth A Ton Of Money In Ten Years
Ten New Cars That Could Be Worth A Ton Of Money In Ten Years
#53
#54
If they were all great cars, I'd need a 50 car garage. Of all of those cars, I only regret selling 4 of them--a '90 Miata, '95 M3 Coupe, an '05 Lotus Elise, and an '06 Z06, all of which were bulletproof and awesome.
#55
Funny, today Jalopnik put the 2015 Coupe R on their list of cars they think will appreciate in 10 years. I don't believe it will actually happen but good timing none-the-less.
Ten New Cars That Could Be Worth A Ton Of Money In Ten Years
Ten New Cars That Could Be Worth A Ton Of Money In Ten Years
#56
I would agree, IF, the RWD R wasn't offered anywhere anymore, but that's simply not the case. They are still produced for other countries, and I assume if someone wanted one bad enough they could import it.
#58
You'd still have to pay for the car wherever you're buying it, so I bet that imported RWD R would cost substantially more than a US-spec AWD R.
#59
Actually, it's quite possible that you could import a new RWD R today. My understanding is that you are allowed to import a vehicle that is "substantially" similar to one that is certified in the US. You'd probably have to make some small modifications (things like signal light color changes) if any were done on '14 and '15 RWD cars to bring them in, but I think that a RWD 2016 R would probably be a pretty easy car to import, relatively speaking.
You'd still have to pay for the car wherever you're buying it, so I bet that imported RWD R would cost substantially more than a US-spec AWD R.
You'd still have to pay for the car wherever you're buying it, so I bet that imported RWD R would cost substantially more than a US-spec AWD R.
I don't know what markets the RWD version will still be offered other than the UK, but there's the little issue of RHD, which doesn't fit the definition of "substantially similar" and would be viewed as a safety hazard here.
After all that, you'd then have the wonderful "privilege" of paying the substantially higher prices in place everywhere else. Like I said, you can't [practically] import a foreign version unless it's 25 years old.
#60
Easy, no. Perhaps, if you're willing to endure I would imagine a year's worth of paperwork. You'd have to prove "substantial similarity." That's why the "grey market" market cars people tried to bring in from Europe in the 80's were such a nightmare for people.
I don't know what markets the RWD version will still be offered other than the UK, but there's the little issue of RHD, which doesn't fit the definition of "substantially similar" and would be viewed as a safety hazard here.
After all that, you'd then have the wonderful "privilege" of paying the substantially higher prices in place everywhere else. Like I said, you can't [practically] import a foreign version unless it's 25 years old.
I don't know what markets the RWD version will still be offered other than the UK, but there's the little issue of RHD, which doesn't fit the definition of "substantially similar" and would be viewed as a safety hazard here.
After all that, you'd then have the wonderful "privilege" of paying the substantially higher prices in place everywhere else. Like I said, you can't [practically] import a foreign version unless it's 25 years old.
I do believe left hand drive vehicles are being made also. I think the North American market is the only one not getting RWD, so they can be had. But I'm sure it would be pricy.