Thursday 18 June 2009

Jaguar news

Industry experts predict that the Jaguar XF will be worth more than any of its competitors in the years to come.

EurotaxGlass’s, publisher of Glass’s Guide, predict that a Jaguar XF will be worth 18% more than the equivalent Audi in 12 months time and 9% more in three years time.

Jason King, head of market intelligence for EurotaxGlass’s, said: ‘The XF has made a very impressive entry into the segment and has shaken up the established German players. A striking new look, luxurious and modern interiors and much improved build quality have all helped to make the XF one of last year’s best sellers - and this all has a positive impact on
the value predicted for used models on garage forecourts.

‘With the introduction of the excellent new 3.0 litre diesel engine, we predict that residual values will become an even stronger proposition.’

Research carried out by EurotaxGlass’s suggests that the new 3.0 litre diesel Jaguar XF, available in the UK available from £33,900, will retain 80% of its purchase price after 12 months/14,000 miles, which makes it best in class, and 45% of its value after three years/60,000 miles.

King, added: ‘These values make the Jaguar XF the best in its class and this is testament to this new era of Jaguar models. The XF is proving to be very desirable and prices have been buoyed up by strong new and used car sales since its launch last year.

‘The good news for Jaguar doesn’t stop there - values achieved for used examples of the outgoing 2.7 diesel model have achieved an impressive 77% of the original list price.’

Source: Jaguar, June 4 2009

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