S-Type vs. XF
#1
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Yesterday morning was the first time I noticed an XF on the road (as opposed to being parked on the dealership lot for sale). It was silver. While I can appreciate the clean, modern lines, seeing this car in motion even more strongly influenced my opinion that the XF looks like a Volvo to me. I much prefer our S-Type, especially when I think about the cost differential....
#2
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Jon,
I would have to agree with you on the looks of the S-Type vs the XF when both are sedans. The S-Type is a lot more distinctive and overall, I think has better lines. I have seen some renderings of the XF as a coupe and they are rather mouth-watering. I think Jaguar needs to produce a coupe version of the XF, but will likely be some years in the future.
Mike
I would have to agree with you on the looks of the S-Type vs the XF when both are sedans. The S-Type is a lot more distinctive and overall, I think has better lines. I have seen some renderings of the XF as a coupe and they are rather mouth-watering. I think Jaguar needs to produce a coupe version of the XF, but will likely be some years in the future.
Mike
#3
#4
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I happen to disagree. I think the XF is a distinctive and timeless design. I can see the "Aston" influence in the tail. Some accuse it of being too "bland" but the same was said of the pre-Bangle BMW's yet they still look good after over a decade. Don't get me wrong, I like the S. I just think it is novel as a "retro" car but really had no styling direction to go, kind of like other "retro" cars out there like the last Thunderbird or the VW Bug.
#5
#6
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The S isn't the bargain it was twelve months ago either. The price of used cars has gone up drastically over the past year. Remember, they didn't move the "new" price point very much on the XF from the S. I'm already seeing 09's drift onto the market at around 39 to 42. I guess a 3 year old XF will be trading around 25k when they get that old. That is pretty close to the asking price I see now for 07 S Types.
#7
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Yes, used car prices have increased from their late 2008/early 2009 bottoms but I wouldn't say they have done so "drastically". Just "noticeably". I also believe that 3-year-old XFs will typically cost a good bit more than 3-year-old S-Types for the simple reason that they won't be facing the end of their production run unless they prove to be market failures for Jaguar (the jury will remain out on that subject for at least another year or two)....
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#8
#9
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I just did a search for 06 through 07 S Types, 500 mile radius, with less than 45k miles on autotrader. I got 184 listings with an average price of $23,540.00. That same search in September of 08 for 04/05 S types resulted in a average price of just around 21,000. A price jump of 10% plus is pretty significant in the realm of automobiles.
#10
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I just did a search for 06 through 07 S Types, 500 mile radius, with less than 45k miles on autotrader. I got 184 listings with an average price of $23,540.00. That same search in September of 08 for 04/05 S types resulted in a average price of just around 21,000. A price jump of 10% plus is pretty significant in the realm of automobiles.
Thanks.
#11
#12
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Yes it did. Since the R was very limited the numbers that came back in the search were very low. The range was also very broad. The high point in the low 30's and the low point around 14. I use the broad search a lot when looking to see what a car is trading at.
#13
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I guess like Jon89 I bought my STR 06 at the peak of the decline one year ago. The prices I see now are higher with more miles than a year ago.
#14
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More Used Car Data:
This is copied directly from Automotive News. I couldn't link to it since it is a subscriber service that I get at work.....But this explains a bit why prices are shooting up for used cars in general.
This is copied directly from Automotive News. I couldn't link to it since it is a subscriber service that I get at work.....But this explains a bit why prices are shooting up for used cars in general.
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DETROIT -- Manheim's used-vehicle price index rose 20 percent last month from December 2008. The index stood at 117.5 in December, compared with 98.0 for the same month last year.
Manheim chief economist Tom Webb said cash-for-clunkers in particular helped late-model used-vehicle prices by clearing out 2009 model vehicles in time for the new 2010 models.
“That carryover inventory normally has a very depressing effect on used-vehicle values,” Webb said today during a conference call with analysts and reporters. He said most of the used-vehicle price volatility over the past few years was driven by the shake-up in the financial markets, wide swings in gasoline prices and a significant reduction in retired rental cars.
“As those go away, I would expect more stability,” Webb said.
Webb said that a better representation of wholesale pricing -- taking an average of the 12 monthly numbers of 2009 and comparing them with 2008 -- yields a 5.1 percent increase last year, the biggest increase in the history of the Manheim index.
Average up 10.2%
The monthly index began in January 1995 at 100. It measures changes in used-vehicle prices and is adjusted for model mix, mileage and time of year.
The average wholesale price of a used vehicle in December was $9,939, according to data released by ADESA Inc. That was 10.2 percent higher than the average price in December 2008 and 3.5 percent higher than the average in November 2009.
Manheim's Webb said vehicle repossessions and supplies of off-lease vehicles -- both of which grew in 2009 -- are expected to decline in 2010 and continue to do so in the next few years.
Sales down 3%
Citing data from CNW Marketing Research, Webb said used-vehicle sales in 2009 dropped about 3 percent to around 35 million units. He said he expects used-vehicle sales to increase about 5 or 6 percent this year.
Webb said sales of new vehicles into rental fleets dropped to 1 million units in 2009 from a peak of around 2 million in 2005 and 2006 and about 1.5 million in 2008. Combined sales by General Motors Co., Ford Motor Co. and Chrysler Group represented just over 60 percent of fleet sales in 2009, down from 70 percent in 2008.
He added: “The rental and fleet business will pick up, but I don't expect it to return to the level it once was.”
You can reach Arlena Sawyers at asawyers@crain.com
Follow Automotive News
DETROIT -- Manheim's used-vehicle price index rose 20 percent last month from December 2008. The index stood at 117.5 in December, compared with 98.0 for the same month last year.
Manheim chief economist Tom Webb said cash-for-clunkers in particular helped late-model used-vehicle prices by clearing out 2009 model vehicles in time for the new 2010 models.
“That carryover inventory normally has a very depressing effect on used-vehicle values,” Webb said today during a conference call with analysts and reporters. He said most of the used-vehicle price volatility over the past few years was driven by the shake-up in the financial markets, wide swings in gasoline prices and a significant reduction in retired rental cars.
“As those go away, I would expect more stability,” Webb said.
Webb said that a better representation of wholesale pricing -- taking an average of the 12 monthly numbers of 2009 and comparing them with 2008 -- yields a 5.1 percent increase last year, the biggest increase in the history of the Manheim index.
Average up 10.2%
The monthly index began in January 1995 at 100. It measures changes in used-vehicle prices and is adjusted for model mix, mileage and time of year.
The average wholesale price of a used vehicle in December was $9,939, according to data released by ADESA Inc. That was 10.2 percent higher than the average price in December 2008 and 3.5 percent higher than the average in November 2009.
Manheim's Webb said vehicle repossessions and supplies of off-lease vehicles -- both of which grew in 2009 -- are expected to decline in 2010 and continue to do so in the next few years.
Sales down 3%
Citing data from CNW Marketing Research, Webb said used-vehicle sales in 2009 dropped about 3 percent to around 35 million units. He said he expects used-vehicle sales to increase about 5 or 6 percent this year.
Webb said sales of new vehicles into rental fleets dropped to 1 million units in 2009 from a peak of around 2 million in 2005 and 2006 and about 1.5 million in 2008. Combined sales by General Motors Co., Ford Motor Co. and Chrysler Group represented just over 60 percent of fleet sales in 2009, down from 70 percent in 2008.
He added: “The rental and fleet business will pick up, but I don't expect it to return to the level it once was.”
You can reach Arlena Sawyers at asawyers@crain.com
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