So what's the deal with Jaguar cars? I read somewhere that they lose 60% of their value within the first 5 years. So I started looking at listings and found some interesting ones.
Here's a 2016 Jaguar XF with 60k miles for $19k. This car has a V-6 with a small supercharger and puts 340 horsepower. I didn't know Jaguars had that type of engine. From what I can tell this car was $50k+ when new. I realize it's 7 years old so of course it's gone down in value but why do they lose value so quickly, is it cost to maintain/repair?
Originally Posted by lewdog:
So what's the deal with Jaguar cars? I read somewhere that they lose 60% of their value within the first 5 years. So I started looking at listings and found some interesting ones.
Here's a 2016 Jaguar XF with 60k miles for $19k. This car has a V-6 with a small supercharger and puts 340 horsepower. I didn't know Jaguars had that type of engine. From what I can tell this car was $50k+ when new. I realize it's 7 years old so of course it's gone down in value but why do they lose value so quickly, is it cost to maintain/repair?
Because they have dog shit reliability. It's routinely rated one of the worst manufacturers by JD Power. Then when shit does go wrong, it costs a lot to repair them because they are built with low quantity foreign parts. [Reply]
Originally Posted by lewdog:
So what's the deal with Jaguar cars? I read somewhere that they lose 60% of their value within the first 5 years. So I started looking at listings and found some interesting ones.
Here's a 2016 Jaguar XF with 60k miles for $19k. This car has a V-6 with a small supercharger and puts 340 horsepower. I didn't know Jaguars had that type of engine. From what I can tell this car was $50k+ when new. I realize it's 7 years old so of course it's gone down in value but why do they lose value so quickly, is it cost to maintain/repair?
Yeah, they're routinely touted as shit cars in terms of reliability. Expensive euro lux cars have the tendency to drop like rocks in terms of value.
For example, my bro in law bought a fully loaded AMG Mercedes coupe. Factory body kit, big ass Brimbo brakes, 6.2L V8 (iirc). He paid $14K for it. 9 Years ago it was a $120,000 car. Granted, it's salvage titled, but still..... [Reply]
