XK / XKR ( X150 ) 2006 - 2014

2013 XKR cost of ownership

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  #21  
Old 06-18-2017, 02:52 PM
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Originally Posted by davchr
Their numbers are crazy. I have a 2013 XJ that I bought new with 55,000 miles on it. I have done four oil changes on it (myself) @ ~$60 each, changed air filters, $40, cabin filter $20, trans and brake flush $400. I am still on the original tires but they will need replacement soon.
55,000 on original rubber?? Well thats impressive. You are the type I buy all my used cars from. Good job as in 35,000 miles I'm on my 3rd set.
 
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Old 06-18-2017, 03:44 PM
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I can assume that the data that they have shown is an actual representation of the costs incurred over the 3 years of ownership. What we all seem to do is down play the numbers based on our ownership and the way we maintain our car. What I assume is they do this for all cars tested . I also believe these costs are based on the scheduled maintenance as required by the car manufacture. My bet is we don't maintain our cars per this requirement. I suppose the only one to contest is the repairs figure as all others will vary somewhat depending on where you live and your age and driving record. Think about the various discussions we have on oil changes. Some pay $200 while some DIY pay $90 or less. The other factor is mileage which will play into a lot of the maintenance activity. Just my thoughts.
 
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  #23  
Old 06-18-2017, 05:40 PM
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OK, I admit I don't drive my car much. After 3 years of ownership I have had 2 oil changes and a brake flush. I decided to change my brake pads because of dust and installed a clear bra on my front bumper to avoid the nasty chips. We are not talking about much money, but if I were to consider depreciation, I would say that is by far the biggest cost if I planned on selling my car. Yes, these cars do cost if driven regularly and can be pricey if issues arise. But after all we do own a semi exotic. It's the price we pay, but to me worth it.
 
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Old 06-18-2017, 07:03 PM
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Originally Posted by chazaroo
Here's the breakdown of costs:

Depreciation
33.8%
$21,380
Insurance
20.6%
$13,040
Fuel Cost
16.9%
$10,674
Maintenance
11.7%
$7,381
Repair Costs
9.1%
$5,765
Financing
7.1%
$4,502
State Fees
0.7%
$445
These numbers represented appear to be way over any expectations for expenses over a 3-year period. The depreciation factor I believe may be close at about 11% per year over a three period. Of course the MY plays a huge factor in depreciation values. The informed Jaguar owner knows the depreciation in the first 2 years of ownership well exceeds 22%. An XKR that is a 2012 and below has already suffered the heavy depreciation since being built. The older the XKR the less depreciation.

As for insurance, my 2009 Jaguar XKR Portfolio Edition annual insurance costs ran about $600-$700 per year, based on low mileage annually of under 5000 miles. Most owners do not drive their XK/XKR cars that often and many are sold with low mileage.

A fuel cost of $10,674 at an average price of $2.50 per gallon breaks down to 4269 gallons over the 5-year period or 853 gallons per year. At 853 gallons per year @ 18MPG equals to 15354 miles driven per year. Even at $3.00 per gallon the breakdown is 3558 gallons of fuel or 711 gallons per year and 12,798 miles driven per year. It is doubtful that the XK/XKR owner drives this amount of miles annually. Yes of course some well exceed the 12,798 miles per year. The Dept of Transportation numbers are 13,474 on average per year or 1123 miles per month.

Maintenance is subjective to each owner. Over a 3 1/2 year of ownership my costs to maintain the 2009 XKR PE was $240 in oil & filter changes, $100 for an alignment and $800 for new tires all around, and $200 for a new set of TPMS installed. A grand total of $1340 for 3 1/2 years. My 2009 XKR was in mint condition and bought at 13,000 miles and finally sold 3 1/2 years later at 18,500 miles. My cost over that period was a mere $358.00 per year x 5 = $1787. I considered my maintenance costs very low for such a fine automobile. A Jaguar XK/XKR with much higher mileage, driven more, and driven hard will could cost substantially more. There are too many factors to try to compute what maintenance might cost each year or over a 5-year period.

I had no repair costs except a new set of TPMS for about $200 which is included in my calculations above.

My financing costs where $0 as I simply paid cash for the XKR.

In my case the cost of ownership was: $

State fees per year here in New Mexico is about $37.50 for registration renewal and an additional $17.00 per year for vanity plates.

Gas over 3 1/2 years of ownership $1000
Oil Changes ...............................$ 240
Alignment...................................$100
TPMS.........................................$200
Tires..........................................$800

Total .........................................$2340 or $668 per year

I washed the Jaguar myself and did all my own detailing on the XKR.

so these I presented at factual in my case only.

I suggest any XK/XKR owner calculate their own costs and the amount will most likely never come close to $41,807 or $8361 per year. These numbers do not include the depreciation which has to be considered an overall cost of owning and driving the vehicle.

I would not let these figures listed about deter you from buying a Jaguar. Many threads are on the forum regarding cost and I have not seen seen any owner bitch and complain about annual costs.

Actually the Jaguar is a low cost for maintenance vehicle.

Enjoy!
 
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  #25  
Old 06-18-2017, 08:09 PM
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Once again the article with these costs were not estimates but actual cost over the 3 year period they used the car. I didn't see the mileage but if it was a daily driver then 12,000 to 15,000 miles would be normal. I mentioned this would be subjective so every one will have a different set of answers. As an example I pay $1100 a year for my XKR and it is the 4th vehicle for the 2 of us. It is unlimited mileage annual insurance. How and why they experienced these costs are beyond me but what is , is. Your costs will be different.
 
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Old 06-18-2017, 08:48 PM
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Jagtoes, I agree that everyone would be different. I would love to see the breakdown of repair and maintenance to see what could possibly trigger such high results. If these are ACTUAL numbers how could they possibly be so high when it is under full factory warranty for 3 of the 4 year test. Seriously, did they have something done under warranty and use that as a cost to apply?

I cannot find any record of them having a long-term car that was tested or a long term review. Are you sure these are not estimated numbers?

As far as the other stuff like insurance, it is a useless number to use in calculating cost. Comparing insurance is like comparing diamonds, there is no way to line up perfectly all the criteria. I cannot get the same rate in the same company with the same car as a buddy of mine who lives 5 miles away because of how the insurance determines cost based on zip code. Widen the net over the whole country and add in different limits, uninsured motorist options, different deductibles, driving records, credit scores, state requirements, you will get wild swings.
 
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  #27  
Old 06-18-2017, 09:56 PM
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Originally Posted by tampamark
Jagtoes, I agree that everyone would be different. I would love to see the breakdown of repair and maintenance to see what could possibly trigger such high results. If these are ACTUAL numbers how could they possibly be so high when it is under full factory warranty for 3 of the 4 year test. Seriously, did they have something done under warranty and use that as a cost to apply?

I cannot find any record of them having a long-term car that was tested or a long term review. Are you sure these are not estimated numbers?

As far as the other stuff like insurance, it is a useless number to use in calculating cost. Comparing insurance is like comparing diamonds, there is no way to line up perfectly all the criteria. I cannot get the same rate in the same company with the same car as a buddy of mine who lives 5 miles away because of how the insurance determines cost based on zip code. Widen the net over the whole country and add in different limits, uninsured motorist options, different deductibles, driving records, credit scores, state requirements, you will get wild swings.
I agree and your guess is as good as mine.
 
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Old 06-19-2017, 09:51 AM
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I think they are judging the numbers for the class to come up with a Jaguar specific number. I would assume that they are using dealer hourly rate as a multiplier and some of the expected times for repair then throwing out some 'common' repairs within the first couple years of ownership along with some made up stuff just to make themselves feel more relevant.

Real world cost of ownership for my car seems to have been surprisingly low. Other than he battery, the spark plugs and one cheap O2 sensor everything so far has been stock. It does look like at some point in it's 124k mile life that the front rotors were swapped out but the backs are well aged. It had a rusty Napa oil filter and old but clean jag air filters. we'll call it 'bare bones' maintenance. The PO punched out the cats because the clogged (I suspect because the o2's died). The Resurrection costs so far is $2k and I expect it'll be closer to $3k by the time I replace the downstream o2's and all the wheel bearings as well as sort out the whining noise in the rear. But again, at 124k miles all that is within the expected service interval. Depreciation would be a huge kick in the nuts but I'm already at the bottom of that curve so no loss and it'll only gain value as I enjoy it while fixing it back up.
 
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Old 06-19-2017, 10:10 AM
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64% of statistics are made up on the spot, but only 15% of people know this.

The numbers up top prove this beyond a shadow of doubt.
 
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  #30  
Old 06-19-2017, 11:45 AM
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Originally Posted by Mikey
64% of statistics are made up on the spot, but only 15% of people know this.

The numbers up top prove this beyond a shadow of doubt.
37% of the people we polled don't believe you.
 
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Old 06-19-2017, 07:59 PM
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Liars figure
 
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Old 06-19-2017, 09:33 PM
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Originally Posted by Sean W
37% of the people we polled don't believe you.
That's quite disappointing. I would have expected somewhere around 86% on the assumption that an average of 45.9% of respondents don't really listen to or understand the question.
 
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  #33  
Old 06-20-2017, 08:57 AM
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Originally Posted by Mikey
That's quite disappointing. I would have expected somewhere around 86% on the assumption that an average of 45.9% of respondents don't really listen to or understand the question.
Hilarious!
 
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Old 06-21-2017, 12:19 PM
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Originally Posted by Mikey
That's quite disappointing. I would have expected somewhere around 86% on the assumption that an average of 45.9% of respondents don't really listen to or understand the question.
We have asked if they knew that unregistered serial offender Mikey might be on the prowl in their neighborhood, and would they likely to trust anything he might have to say when discovered in the bedroom with one's spouse upon sudden and unexpected return from the business trip.

So no, clear majority of people do not trust Mikey. Poll numbers prove it.
 
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  #35  
Old 06-21-2017, 12:41 PM
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Originally Posted by SinF
Poll numbers prove it.
LOL
His reputation does seem to walk a couple of steps ahead of him, in all corners of this forum.

it gets out more often when he gets snowed in.
 
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  #36  
Old 06-21-2017, 01:38 PM
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Originally Posted by SinF
We have asked if they knew that unregistered serial offender Mikey might be on the prowl in their neighborhood, and would they likely to trust anything he might have to say when discovered in the bedroom with one's spouse upon sudden and unexpected return from the business trip.

So no, clear majority of people do not trust Mikey. Poll numbers prove it.
37% (Sean W's number, not mine) is not a majority. Sounds like you and your pal P&C are part of the 45.9% that didn't read or don't understand the question.
 
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  #37  
Old 06-22-2017, 01:32 AM
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Getting back to the ownership cost... the article seems to ASSUME the owner buys the car on finance (and from a dealer), does dealer servicing, maintenance, etc.

Some people won't buy a 2013 XKR that way and also will avoid dealers for ordinary tasks (maybe for all tasks!).

The article also seems to claim a staggering figure for repairs.

So the article is sort of about the worst and most expensive way to own a car. (Why???)

Doesn't make me impressed by Motor Trend.

On the plus side, might help keep used prices down which is good for anyone wanting to buy and having half a brain...
 

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Old 06-22-2017, 07:49 AM
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Originally Posted by JagV8
Getting back to the ownership cost... the article seems to ASSUME the owner buys the car on finance (and from a dealer), does dealer servicing, maintenance, etc.

Some people won't buy a 2013 XKR that way and also will avoid dealers for ordinary tasks (maybe for all tasks!).

The article also seems to claim a staggering figure for repairs.

So the article is sort of about the worst and most expensive way to own a car. (Why???)

Doesn't make me impressed by Motor Trend.

On the plus side, might help keep used prices down which is good for anyone wanting to buy and having half a brain...
I'm with you on this. Motor Trend is seemingly way off the mark on this,
 
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Old 06-22-2017, 10:43 AM
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You could reduce costs by simply not driving - it costs much less for the car to sit in the garage. However, I think linked article assumes the car is daily driven.

I don't think $2.5K/year out of warranty is that outrageous on a 5 year old luxury car. When I kept my 7 series BMW out of warranty, and I was driving it a lot, that was what it cost to keep it on the road while servicing it at reputable indy. I liked the car enough to keep it alive up until 400,000 kms when I gave it away still running. By that time I was on 4th drive shaft, third wiper motor, 10th+ front control arms.... However, engine was all original. It is everything else that went.
 

Last edited by SinF; 06-22-2017 at 10:46 AM.
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Old 06-22-2017, 09:24 PM
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18mpg? Oh dear, I average 13....
 



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