Hello,

A dealer is offering 2012 XF Base with 3k miles CPO or 2012 XF Portfolio with 13K miles without CPO for the same price.

Which one would you go with?

The base has 10k fewer miles AND CPO, but bare bone minimal. The other is fully loaded, but has 10k more miles. Both are black.

Thank you.

 

I would go for the Portfolio and see what they want to make it a CPO.

 

When you say with and without CPO do you mean with and without the select service warranty (that extends the warranty to 6 yrs / 100k miles)? They are different things. I'd strongly recommend having it select certified - the extra warranty is terrific for peace of mind and I was told it was only about $2k for mine when I bought it CPO (i.e. it was already a CPO and they made it select service and extended the warranty).

 

Go for the portfolio. Now you know how much you have to spend on repairs to earn back the cost of the CPO with extended warranty. It's just insurance.

The XF is a well built car with no history of major failures. The drivetrains are rock solid. The biggest maintenance item likely to occur is a brake replacement at around 60,000 miles and that won't be covered by any warranty.

 

Actually Jaguar has been offering their Platinum Coverage, since 2011, which will cover brake service. The only difference is in 2011, it was a 5 yr coverage, and 2012 on its only 4 yr coverage...

http://www.jaguar.com/ca/en/owner_support/service_and_maintenance/warranty/jaguar_platinum_coverage

As for OP, I would be very curious as to why a 2012 with less than 15,000miles, isn't being sold as CPO vehicle?

 

Thanks everyone for input.

So you don't think 10k mile advantage is enough to compensate for lack of options? The 13k mile portfolio is not CPO because the dealer said it would cost them additional $2k and they did not want to go through that. Both are demo / loaner cars.

 

First of all what you really need to do is determine which of the cars suits your needs. Does the Portfolio have anything that you can't do without or that you really would like to have? Just remember that the more gadgets the car has, the more things there are to have problems with. I sold my '04 XJ8 and bought my new '12 XF Base. Jaguar was discounting the car by $10K up-front on this car because it had been in inventory so long and the '11s were about to be shipped. The lower cost Base, the $10K discount and the dealer discount was a no brainer for me! I got it for about $20K less than the Portfolio they had. This XF had more than the XJ8 had, except for the heated steering wheel. That was a nice feature, but not really needed in this part of the country.

So sit down with the pluses and minuses and make your decision on what makes sense to you. Only you know what you want and need!!

 

Thank you. Will do that.

In terms of resale value, does Portfolio go for more than the base? Or will they be valued the same way?

 

The more options, typically the faster the depreciation. I was suggesting the portfolio based on my own like of most options offered. I thought keyless entry was a useless option, now I would hate to give it up. The advice given is good- what do you really want?

Whether you need it or not is a matter of paying for what you want if you have the money.

 

The options depreciate also but the Portfolio will be worth more than the base on resale. Only some types of options depreciate more rapidly than the basic car. For example, a big slice of the portfolio cost is the much better leather interior. That depreciates like the basic car. Upgraded sound systems tend to depreciate pretty quickly as does metallic paint. A Portfolio plus one of the Premium Packs is roughly equivalent to the Premium Luxury of the first year. It cost around $7,000 to add when new, same as now (in Canada). The asking price now will be around $4-5k higher for the optioned car than for a base trim car and will be an easier car to sell.

 

Honestly when purchasing a "Non Brand New" vehicle, obvious choice is always aiming for lowest miles,
On that note the 13k Miles is not bad at all, the Options that is offered with Portfolio is what I'd aim for.

Question, did you check if the Portfolio is with sports ?
I ask because I personally love the sports package that used Portfolios come with.. the aerodynamic kit is very sexy.

Just recently, I was in the market for exact thing.
one dealer offered a 12 Portfolio @ 49k and another same (Very similar miles) Portfolio for 49K also

Later on I found out, one of the two had a sports package and the sales didn't know that (Not sure why)

if lucky, it might have the sports body kit (Bumper, rear spolier, spokes wheels) and dealer not charge an extra

 

Depends on how long you are going to keep it. After five years the resale value of the base vs the portfolio will be nominal.

 

Actually, mileage is irrelevant unless you intend to sell it soon. Modern cars are very durable. The only reason low miles affect value so much is unreasonable perception of ignorant buyers. In reality 20,000 miles on the odometer means absolutely nothing to true value. How the car has been looked after is far more important.

For example, my dealer currently has a trade in with low mileage driven by a pastor. In a couple of months he'll have my hard driven base XF with more miles. Which one should you buy? Mine. Why? Because it has been driven hard and often by a skilled driver who is obsessive about maintenance. Not only does my engine run better it will last longer. For example it uses zero oil between changes because it has been properly run in.

Mileage is not relevant to value. Given the option always buy the car with higher mileage and pocket the savings the ignorant marketplace offers. But, if you don't intend to keep it for long this won't work because of that same ignorant marketplace.

I have owned three cars now, one new and two used, well into the 200,000 km (120,000 miles) with zero issues related to mileage. In fact, the less use a car gets the worse it gets for maintenance costs.

 

Jagular has some relevant points with regard to mileage. Many short duration trips on a vehicle are worse than highway miles.

 

The wear and tear on a vehicle from short trips is brutal. Everything gets more use: doors open and close, seat sat on and got off, stereo adjusted, heat adjusted, fuel temperature cycling causing more contamination by water, you name it. Every time the engine is started it wears a bit. While it is running at design temperatures and low output it doesn't wear at all. Cold running wears out engines. The least wear and tear occurs while parked but that has its own problems caused by lack of use. The next least wear is during a long single trip at highway speeds.