I never said that they make wrong residual assumptions but the fact that over 80% of the cars ends up for sale at close to the residual value, does not help the value. The lower the residual, the more money the bank makes on interest....

 

For example... a 2015 Jaguar F-Type R MSRP: $101.200.00
Lease official numbers: .00070 MF and 48% residual (Chase - Jaguar Financial)

Residual is: $48576.00

On Cargurus, the average asking price for a 2015 F-Type R is $54000.00

 

That's what I did too when purchasing my Jaguar F-Type. It's a 2016, sold in September 2015 and purchased by me 2 weeks ago with 10,200 miles on it for mid $40K's. Still has a year and a half on original warranty. I bought my last two Mazda MX-5's slightly used too for a huge discount from new with a CPO warranty.

 

 

I think you got lucky, or a lot of other people got unlucky. Range Rovers are notorious for being difficult to own.

For example, Doug DeMuro (car YouTuber) documented his ownership in a long series of articles: https://www.autotrader.com/car-shopp...ed-know-239295

Here is blog by a garage owner talking about engine troubles in these cars: Should You Rebuild or Replace Your Land Rover V8? - JE Robison Service - Bosch Car Service Specialists ? the blog

While large SUVs are not my thing, I get why someone would want to drive one. However, expecting it to be without issues isn't reasonable. Hence depreciation - these troubles are all priced in.

 

That blog you refer to speaks principally of the non-Jaguar engines in Land Rovers... I have owned many Jaguars, both 6 cylinder and (multiple) V12 XJ models, 3 X-Types, an X300, an XJ40, an aluminium-body X350 (2004), an XK (2007), my F-Type, and a 1966 Mk 2. How is that relevant? Well it might be relevant as an antidote to the rather vitriolic comments made about JLR and its cars.
Clearly I do not share an utter dislike and dismissal of JLR products which seems to be based mostly on hear-say and 3rd party reports, and on the (bad) experience with one F-Type. My experience with Jaguars over decades has been that they are not only beautiful and luxurious but very reliable and increasingly well made (I have not owned and would not seek to own a British Leyland-era Jaguar although I did have - from - new,, a British Leyand MGB whose build quality was abysmal but which served me faithfully for 31 years).Most of the "poor quality" reputation stems from the 1970-80 period, kept alive by comments from people (some of them being journalists) who have never owned one, and in most cases never driven one.
Contrary to uninformed, breezy and uniformly negative generizations about Jaguar quality, I can say - based on the Jaguars I have owned and used and restored - and particularly the cars built since 2000 - that the quality overall is every bit as good as that of its rivals (I am a recovering BMW and Mercedes owner). But the elegance, design, style, finish? Assessments based on thes criteria are always subjective but Jaguar has rarely - or ever - made an ugly car.
It would be best not to base opinions on Consumer Reports or the like, nor on the comments of blog pundits...who knows what treatment or lack of servicing their cars received before coming into their hands (by the way, De Muro loves the new E-Pace)...or the opinions of the few who buy a sports car like the F-Type and THEN complain that the luggage compartment is too small or that it does not carry more than 2 people, or theopinions of those who generalize about the F-Type being poorly equipped despite the fact that they CHOSE an unoptioned car (some complaints of that sort can be found on this forum).
.In general, comparative reviews of the F-Type and the Porsche models put them as close enough to "make no difference" as Jeremy Clarkson would say. And all reports tell us what we know: that the F-Type is the most beautiful sports car on the road...the noise it makes is purely extra. And to outfit a 911 with all the same options as you might put on an F-Type makes the price differential (in favour of the F-Type) compelling. To reject categorically the XJ as not being nearly as luxurious as a BMW 7 Series or a Mercedes S class suggests a lack of familiarity with these cars.

Are there problems with some Jaguars? yes, of course - they are machines built in relatively small numbers (unlike Toyotas) - that is what these fora are all about (ok, too pedantic: forums). And the dealership experience in many cases is not up to standard. But precisely the same thing can be said of any luxury marque (and is said, if you read their forums - some of the problems will give you nightmares and if you own one, a financial nightmare). But many "quality" complaints, if analysed, will be found to be related to low battery voltage - no, you don't find that in a Kia forum because those cars are generally used as "daily drivers" while cars like the XK or the F-Type (and even other models of Jaguars) are used as weekend treats....and a combination of short runs and infrequent use can and does lead to all sorts of electrical disfunction (touchscreen issues, windows, seats, warning lights, top not closing or latching....that is precisely the reason that every luxury manufacturer markets the CTEK battery maintainers under their own label - they all have the same potential issues). Remove the electrical complaints related to low battery voltage issues (although the complainants rarely know that it is the battery at fault) and the "quality" ratings would be far higher.
In the end, there is no car that makes you feel the way you do in a Jaguar - and every Jaguar model is both different and the same in that respect. Final test: when you park your Jaguar,do you look back at it? If you do not, this is not the car for you.

 

9 times out of 10, the disparaging remark about reliability comes from someone who has never even driven a Jag.

 

Somebody has the audacity to compare the XJ with that fat block called the 7 Series?? There hasn't been a decent 7 Series since the 90s.

On the other hand, even I have to admit that the S-Class is truly in a league of its own.

 

Or JD Power (https://www.jdpower.com/business/pre...dability-study), or about any other industry or punditry source that rates cars by reliability. Can you find me any reputable source that ever, in the last 50 years rated JLR reliability as anything other than well below average?

 

 

I am actually always surprised to see Porches score high on reliability. IMS bearing affected A LOT of 911s and failure is catastrophic - your engine grenades.

 

JD Power survey will rate things like unhappy with radio or not liking infortainment. Ford took a big drop over new infortainment a couple of years ago, then came back as people learned to use it.

 

 

Well, if you've supped with the devil you're hardly likely to admit it, are you?

 

I've been toying with the idea of getting a Velar for my wife, but the lease numbers just dont make sense. way too expensive, most likely im just going to buy used in a few months after things settle down.