Was hoping I could get some expert opinions from you gents and ladies. I've found a 2013 XK Base with 31,000 miles, no accidents reported and asking $30,000 from what seems to be a reputable, non-Jaguar used dealer. Is that a reasonable price or too much? If too much, what is a more appropriate amount in the US market. Any input would be much appreciated. Thanks!

 

You can use Kelley Blue Book (KBB) to determine what is market value for any modern car.

 

Since you are looking at prices you probably already know the answer, I look at what is available online and that $30k price is in the mix. If you like the car and are comfortable drive the best deal you can with that dealer.

 

You can find a great car with patience. The price seems fair. The XK is not a fast seller. Just find the best cared for, low mileage car available and you most likely will be making a good decision. As always....service records are very helpful.

 

I assume that is a convertible at that price. I have seen a MY12 online in Georgia for, I think 21K. No affiliation what so ever.

 

Here, I'll make it easy for ya:

https://www.autotrader.com/cars-for-...&firstRecord=0

 

Cee Jay, did you get the xk?
If so, did you purchase any extended warranty ?
I am picking up an XK (2013 30k miles) this week and was looking for opinions as well.

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https://www.autotrader.com/cars-for-...ckType=listing

 

All black Final Fifty with 48,754 miles .... for $34K .. sounds like a steal!!

 

I already have mine, I showed that for others who may be interested.

 

Rebuilt Title.

 

Depends though..... rebuilts aren't a horrible deal as long as a person realizes that the resale won't be great, and doesn't matter the stigma of 'rebuilt'.
An okay car at a decent price.
If that particular car meets all the buyers requirements, it's not a bad idea.
If not a great match, another choice may be better.

 

What's the difference between a rebuilt title and a salvage title? It's the same as the difference between a pig with lipstick and a pig without lipstick. A pig is a pig no matter how much lipstick you put on it.

When a car is wrecked beyond the point where it would cost the insurance company more to repair it, it's sold at auction and the buyer gets a salvage title. The buyer can then part it out - sell it for the parts that are worth more than the value of the car or fix it. Insurance companies generally consider a car "totaled" if the cost to repair it is 50% to 80% of the value of the car immediately before the accident. That's when it is issued a "salvage" title, indicating that it was a total loss. Once the car is fixed, the state will issue a "rebuilt" title.

Anyone who believes a dealer who says "it had only minor damage to the rear bumper and no structural damage" also believes that pigs can fly. What the dealer really said was "we painted the bumper cover and nothing else because it would have cost too much and we figured that sucker buyer wouldn't see any of the structural damage."

Don't be a sucker. Get a Pre-Purchase Inspection from a Jaguar dealer to CPO standards and another PPI from a Jaguar approved body shop for paint, body, and chassis repairs. Use those findings to negotiate a lower price from the seller.

 

Lipstick can't transform a pig, but do you know what can turn a pig into a fox?

About 8 beers!

 

Stuart, Actually salvage/rebuilt cars can not all be lumped into one category. There are SO many variables. I know people who do this for a living and YouTube is full of channels dedicated specifically to salvage cars.

While most salvage cars are not worth fixing or the damage is significant, there are still many that actually sustained minor damage or other reasons that insurance wrote them off. Sometimes it is purely cosmetic damage that can easily and inexpensively be repaired with used donor parts or cars that otherwise would have been too much to repair with new parts the insured was legally entitled to have.

The complications are mostly dependent on state laws regarding registration/titling as well as the ability to obtain comp/collision insurance and most banks will not finance a branded car.

 

jahummer,
All I'm saying is don't be a sucker and buy a pig in a poke. Rebuilt sounds a lot better than salvage, and know what you're buying particularly with a Jaguar X150 because it is all aluminum and requires special knowledge, skill and equipment to properly repair chassis and body damage.

Why would an insurance company total this XK https://www.autotrader.com/cars-for-...lerId=68612521 if it suffered only minor rear end damage as that dealer claims? It doesn't add up.

There is nothing wrong with buying a "total loss" salvage/rebuilt title car that has been properly fixed. Just know what it is and don't overpay for it. Beware of flood damaged cars, especially from salt water, that can take time to corrode electrical connectors and other electronic components, particularly since the Jaguar X150 has so many expensive computers.

Stuart

 

The savings can be huge, but if you do not know what to look for or lack experience with salvage/rebuild cars, it can definitely be a huge risk. Before pictures from the insurance company (NOT the seller-I have seen instances where a car was in pieces and the seller faked the before pictures by zip tying the pieces together to make the damage look minimal) are very helpful and it would be advisable to retain the assistance of an expert in body repair who could easily see what was and wasn't done. When an insurance company has to pay a total loss claim, they will brand the car salvage. I have even seen cars that were completely and correctly repaired/rebuilt but the insured rejected the repaired vehicle and the insurance company was still forced to pay up, so title was branded salvage.

 

We're saying the same thing - Buyer Beware and do you your due diligence. Don't get fooled by the lipstick.

 

I personally would have no problem with a rebuilt title that had documentation of damage and repair. However, if you ever want to sell it, no one will give you close to equivalent value for it, so negotiate accordingly.

And if it were rebuilt for water damage or comes from Texas or Florida, no way.

 

This is the one my risk assessment wouldn't play with unless I were building a track car where I'd be stripping it down and going to stand alone ECU.

Something to keep in mind from an insurance company is when they total it they are one and done.
There is far more risk for them to fix a car as the insured could keep finding something not right and expect it done.