Hello there guys,

I've been very interested in an F type SVR. There are a bunch for sale around me brand new. They are listed at 148k Canadian. Would you think I can negotiate that price a little lower? What about it's future value. I know some cars have been appreciating lately but I can never see Jaguar doing that anytime soon because of how they mass produce and discount their cars.

You guys think that the SVR will change jaguars game and appreciate? Even if it doesn't how would it hold its value?

 

It will depreciate on the level of the F-Type R. The big hit is immediately following possession by the first owner.

For example, if you buy an R new for $115k, a month after sitting in your garage you would be lucky to sell for $90k. $25k to 'buy new' isn't the greatest financial decision, but many love having a new car and the retail experience of being called sir and the dealership send off.

The SVR will be the same. They have already been very low mileage US SVRs for $115-$119k - like new, but of course not really 'new.'

SVRs will continue to depreciate like the other F-types that is just the way it is -- the best one can do is avoid that initial drop.

You could purchase a very nice low mileage 2015 R in the low 70s or a 2016+ R in the high 70s/low 80s and YES it will still be depreciating but at a 'normal' 10-15% per year. No cliff diving.

To figure out how much an R or SVR really costs to own, figure your payment (if financing), insurance/increase, plus an average $1000/month in depreciation - IF buying pre-owned - 'new' is much worse.

 

If you're looking for an investment car, an FT isn't it. Buy a 63 split window for $100k (more if it's a fuelie) and in 10 years you might double your money.

 

+1 on SVR depreciation. If you want an F-Type that maintains it's value or even appreciates, get a Project 7. (Only 250 made)

 

Depreciation is literally the only thing holding me back on buying one, Happened with my S and it's not happening again!

 

My stepdaughter's '13 base 4Runner is holding value as a percentage much better than my '14 Type S.

 

Yes that is a Toyota for you. Had a FJ Cruiser for three years and only lost $4k on the resale.

There just are NO new sportcars you can buy and expect to sell them for more down the road right now. The SVR is no worse than say an Audi R8.

 

Yep, my FJ40 is worth 5 times what is was when new.

 

I disagree. The valuations on these cars are mostly due to bay boomers nostalgia. As more of them die off and move to retirement homes the valuations will adjust.

Think of this way - how much would a well-off millennial pay for "63 split window" ? Maybe $15,000. This is long-term value of the car.

As to F-type, sure all-original examples will be collectible one day. Will any of us see that day? Maybe not. And before it gets there, run-down heavily modded examples will be selling for $10K.

 

Your wrong. The value of these and other classics will continue to be high and increase. Watch televised auto auctions and you will see many many buyers most of which are younger than the baby boom generation. Paying big prices for these cars. That's never going to end.

 

Not an accountant and don't claim to be a whiz with $$, however if you buy a $120k Jag or other car chances are in 5 years time it will be a $60k car.

So 60 months x $1k per month depreciation.

Then ask yourself if $1k/month brings you the joy that say having $1k more a month for other things would bring.

I love cars so yes. Others may enjoy a monthly trip to Vegas or another way of blowing $1k per month.