Crazy depreciation of XKR-S
#21
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If you wanna play you must pay. If you buy new you will pay dearly.
IMO the Jaguar XKR and XKR-S are the best performance GT cars available for the price. I don't know exactly why people shy away from them compared to BMW, Audi and MB. The XKR platform looks amazing and delivers on performance, luxury, reliability and price. Is it that car buyers look at the brand as expensive to maintain, unreliable or sometime else. I'll put my XKR up against anything BMW, Audi or MB has in the same class and price range.
If one wants to minimize their car ownership cost they need to buy smart first.
IMO the Jaguar XKR and XKR-S are the best performance GT cars available for the price. I don't know exactly why people shy away from them compared to BMW, Audi and MB. The XKR platform looks amazing and delivers on performance, luxury, reliability and price. Is it that car buyers look at the brand as expensive to maintain, unreliable or sometime else. I'll put my XKR up against anything BMW, Audi or MB has in the same class and price range.
If one wants to minimize their car ownership cost they need to buy smart first.
#22
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If you wanna play you must pay. If you buy new you will pay dearly.
IMO the Jaguar XKR and XKR-S are the best performance GT cars available for the price. I don't know exactly why people shy away from them compared to BMW, Audi and MB. The XKR platform looks amazing and delivers on performance, luxury, reliability and price. Is it that car buyers look at the brand as expensive to maintain, unreliable or sometime else. I'll put my XKR up against anything BMW, Audi or MB has in the same class and price range.
If one wants to minimize their car ownership cost they need to buy smart first.
IMO the Jaguar XKR and XKR-S are the best performance GT cars available for the price. I don't know exactly why people shy away from them compared to BMW, Audi and MB. The XKR platform looks amazing and delivers on performance, luxury, reliability and price. Is it that car buyers look at the brand as expensive to maintain, unreliable or sometime else. I'll put my XKR up against anything BMW, Audi or MB has in the same class and price range.
If one wants to minimize their car ownership cost they need to buy smart first.
You are right in that you have to be prepared to pay a big premium to buy these cars new and you shouldn't buy them unless you can afford them. The gt3 I ordered new should be an exception to this rule based on all previous generation gt3's and used 2014 gt3's are selling for msrp.
#23
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It's likely that the end of XK production has made it less desirable, and that the over-whelming marketing of the F-Type has had the same effect. If brand new and newer XKR-S's are available at low prices that would be another as somebody who wants the most advanced XK may also literally want one of the last built. Various factors working against you, the biggest being having bought new at close to MSRP and then deciding to sell so soon.
My best experiences have been selling special interest cars to people that fell in love with it before I had actually decided to sell it, or without knowing it was for sale. They knew throwing out a low-ball offer wasn't going to convince me to sell it. Maybe get the car out in front of car enthusiasts as much as possible if you have the opportunity. Cars and Coffee maybe.
Be patient if you can afford to wait a bit, good luck with the sale, and enjoy that beautiful GT3...I think it's the second most desirable track day oriented car money can buy!
My best experiences have been selling special interest cars to people that fell in love with it before I had actually decided to sell it, or without knowing it was for sale. They knew throwing out a low-ball offer wasn't going to convince me to sell it. Maybe get the car out in front of car enthusiasts as much as possible if you have the opportunity. Cars and Coffee maybe.
Be patient if you can afford to wait a bit, good luck with the sale, and enjoy that beautiful GT3...I think it's the second most desirable track day oriented car money can buy!
#24
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I have just recently benefited from this drastic depreciation scenario, and acquired an '11 XKR 175 for a trade on a used '14 Corvette Stingray with 8K miles on it (it needed new tires, too ;-) ). My Jag only has 18K miles on it and I basically traded even up. Shopping the Vette around could only get me $42-45K, so I figure I bought the Jag for that amount. Not bad for a car with an original sticker price of $104,500: and it's still under original manufacturers warranty! For me, the Jag is waaaaaay better in every regard from performance, fit and finish, features, styling, ride and handling, comfort, everything!
#25
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I have just recently benefited from this drastic depreciation scenario, and acquired an '11 XKR 175 for a trade on a used '14 Corvette Stingray with 8K miles on it (it needed new tires, too ;-) ). My Jag only has 18K miles on it and I basically traded even up. Shopping the Vette around could only get me $42-45K, so I figure I bought the Jag for that amount. Not bad for a car with an original sticker price of $104,500: and it's still under original manufacturers warranty! For me, the Jag is waaaaaay better in every regard from performance, fit and finish, features, styling, ride and handling, comfort, everything!
You made a good deal on the XK. Yes, depreciation is quite heavy, and buying used is the way to go. Most people don't realize this, until after the fact.
Enjoy the new ride. Welcome to the forum.
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vacolorito (12-21-2014)
#26
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I bought my RS new... realized how great of a car it was and bought a R used at 30% off with 8 months of use. These cars just DROP. I have resigned to the fact that to me the car is worth more then its cash value after being brought due to the depreciation. SO... I will never sell them. Bury them yes... but sell them... nope. Never.
Loth
Loth
#27
#28
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I doubt the F-type has affected sales anymore so than a new style XKR-S would have. When people spend that kind of $$$ they want "Exclusivity" (he XKR-S is just not that much different in looks than the XKR) and they want "new". It's about bragging rights more so than performance, they want to be the kid on the block with the new toy preferably that looks "cool" and different.
#29
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I doubt the F-type has affected sales anymore so than a new style XKR-S would have. When people spend that kind of $$$ they want "Exclusivity" (he XKR-S is just not that much different in looks than the XKR) and they want "new". It's about bragging rights more so than performance, they want to be the kid on the block with the new toy preferably that looks "cool" and different.
Last edited by Octurbo; 12-29-2014 at 12:21 AM.
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mosesbotbol (12-30-2014)
#30
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Octurbo - in no way was I trying to speak of your reasoning for buying the XKR's, was speaking in terms of likely general masses who got it.
Whether it's the top car of the day or top motorcycle that "exclusivity" wears off quickly when there's a new toy that beats it performance-wise and looks shinier. Ferrari (Rosa), McLaren (burnt copper) and Lambo (Bright yellow/orange) learned that making them a very eye-catching color tends to do a lot for getting the car recognized. Not my thing but it works. This is perhaps why a large percentage of the XKR-S were the French Blue to both draw attention AND to differentiate it from the normal line.
With regard to your driving it at the academy... how many XK's, XKR's, XKR-S models are driven on any track? That percentage is so minute it's not even worth mentioning. The same goes for most Porsches, McLaren's, Maseratti's, Ferrari's, R8's, Z8's, M6's, Z06/Z07's, etc. I bet it was an absolute BLAST! Would love to do that someday...
Whether it's the top car of the day or top motorcycle that "exclusivity" wears off quickly when there's a new toy that beats it performance-wise and looks shinier. Ferrari (Rosa), McLaren (burnt copper) and Lambo (Bright yellow/orange) learned that making them a very eye-catching color tends to do a lot for getting the car recognized. Not my thing but it works. This is perhaps why a large percentage of the XKR-S were the French Blue to both draw attention AND to differentiate it from the normal line.
With regard to your driving it at the academy... how many XK's, XKR's, XKR-S models are driven on any track? That percentage is so minute it's not even worth mentioning. The same goes for most Porsches, McLaren's, Maseratti's, Ferrari's, R8's, Z8's, M6's, Z06/Z07's, etc. I bet it was an absolute BLAST! Would love to do that someday...
Last edited by Leeper; 12-29-2014 at 12:41 AM.
#31
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I honestly think my XKR looks more classy then my new XKR-S, and the XKR-S looks more aggressive and less like a Jaguar. After buying the XKR-S I knew I had something special - that over time would become even moreso as nobody bought new in 3 years this XKR-S much less an XKR!! So sitting there one day I decided... you know what... I want a XK beater!! I looked for 2010's, 2011 XKR 175's.... then found the 2012 and said oh heck.. why not have 2 of almost the same car. There are suttle differences. VERY SUTTLE but indeed they are there.... BUT:
Price of my XKR-S new about 130k. Price of the XKR new 100k... USED 72K with 10,000 miles and 8 months of use. How could I not spring for almost the same car at HALF THE PRICE with >90% car life left.
Its now my commute car happily depreciating mile by mile (19,000 and counting since Sept 2013).
Loth
Price of my XKR-S new about 130k. Price of the XKR new 100k... USED 72K with 10,000 miles and 8 months of use. How could I not spring for almost the same car at HALF THE PRICE with >90% car life left.
Its now my commute car happily depreciating mile by mile (19,000 and counting since Sept 2013).
Loth
#32
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Octurbo - in no way was I trying to speak of your reasoning for buying the XKR's, was speaking in terms of likely general masses who got it.
Whether it's the top car of the day or top motorcycle that "exclusivity" wears off quickly when there's a new toy that beats it performance-wise and looks shinier. Ferrari (Rosa), McLaren (burnt copper) and Lambo (Bright yellow/orange) learned that making them a very eye-catching color tends to do a lot for getting the car recognized. Not my thing but it works. This is perhaps why a large percentage of the XKR-S were the French Blue to both draw attention AND to differentiate it from the normal line.
With regard to your driving it at the academy... how many XK's, XKR's, XKR-S models are driven on any track? That percentage is so minute it's not even worth mentioning. The same goes for most Porsches, McLaren's, Maseratti's, Ferrari's, R8's, Z8's, M6's, Z06/Z07's, etc. I bet it was an absolute BLAST! Would love to do that someday...
Whether it's the top car of the day or top motorcycle that "exclusivity" wears off quickly when there's a new toy that beats it performance-wise and looks shinier. Ferrari (Rosa), McLaren (burnt copper) and Lambo (Bright yellow/orange) learned that making them a very eye-catching color tends to do a lot for getting the car recognized. Not my thing but it works. This is perhaps why a large percentage of the XKR-S were the French Blue to both draw attention AND to differentiate it from the normal line.
With regard to your driving it at the academy... how many XK's, XKR's, XKR-S models are driven on any track? That percentage is so minute it's not even worth mentioning. The same goes for most Porsches, McLaren's, Maseratti's, Ferrari's, R8's, Z8's, M6's, Z06/Z07's, etc. I bet it was an absolute BLAST! Would love to do that someday...
#33
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[QUOTE=Leeper;1128830
Whether it's the top car of the day or top motorcycle that "exclusivity" wears off quickly when there's a new toy that beats it performance-wise and looks shinier. Ferrari (Rosa), McLaren (burnt copper) and Lambo (Bright yellow/orange) learned that making them a very eye-catching color tends to do a lot for getting the car recognized. Not my thing but it works. This is perhaps why a large percentage of the XKR-S were the French Blue to both draw attention AND to differentiate it from the normal line. [/QUOTE]
This is the way I see it too. Soon I will be in the market for an XKR(-S?) but quite frankly I don't even look at white cars regardless of condition, mileage or price. My brother in law (and family) continually buy white cars and I joke with him that it's the colour BEFORE it's actually painted....
Claret Red, Ultimate Black, BRG. Aaaah yeah.
Whether it's the top car of the day or top motorcycle that "exclusivity" wears off quickly when there's a new toy that beats it performance-wise and looks shinier. Ferrari (Rosa), McLaren (burnt copper) and Lambo (Bright yellow/orange) learned that making them a very eye-catching color tends to do a lot for getting the car recognized. Not my thing but it works. This is perhaps why a large percentage of the XKR-S were the French Blue to both draw attention AND to differentiate it from the normal line. [/QUOTE]
This is the way I see it too. Soon I will be in the market for an XKR(-S?) but quite frankly I don't even look at white cars regardless of condition, mileage or price. My brother in law (and family) continually buy white cars and I joke with him that it's the colour BEFORE it's actually painted....
Claret Red, Ultimate Black, BRG. Aaaah yeah.
#34
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If anyone is interested I have put my car up on an EBay auction. I have also dropped my asking price to $74k! Someone with a xk or xkr should jump on this if you like the styling of the RS. Car is in pristine condition and under warranty until 2018. I have had decent offers on the car, but am looking for a little more given the extra money I spent on the easy care extended warranty and new Michelin pilot super sport tires
#35
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If anyone is interested I have put my car up on an EBay auction. I have also dropped my asking price to $74k! Someone with a xk or xkr should jump on this if you like the styling of the RS. Car is in pristine condition and under warranty until 2018. I have had decent offers on the car, but am looking for a little more given the extra money I spent on the easy care extended warranty and new Michelin pilot super sport tires
conv french blue i aim in. post a link
#36
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#37
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For me the XKRS is to much car. I like my Xk conv. Thinking of selling. I want one of the last XK's mine is 2010 6000 miles oil changed every 1000 3m protective film. Never driven in rain or snow. Stored before any salt on road. Break fluid changed. Serviced inspected jag of Troy.. Washed and cleaned with leather treatment. Super Shell only. Anyone interested let me know
#39
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