F-Type ( X152 ) 2014 - Onwards

why is the value dropping so fast?

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Old Apr 14, 2015 | 01:05 AM
  #41  
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Originally Posted by f_in_seattle
While the value on these cars drop, I'm yet to find a good deal from sellers on it. For example this this used base probably isn't a good value at the listed price

2015 Jaguar F-TYPE - Park Place
How about this one? V8 Vert 26K miles, asking $41,000 below sticker.

2014 Jaguar F-TYPE S, $68,000 - Cars.com
 
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Old Apr 14, 2015 | 01:15 AM
  #42  
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Originally Posted by mshedden
How about this one? V8 Vert 26K miles, asking $41,000 below sticker.

2014 Jaguar F-TYPE S, $68,000 - Cars.com
That is pretty crazy yet KBB value for private sale is only $3k more. Sure hope these prices stabilize.
 
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Old Apr 14, 2015 | 07:08 AM
  #43  
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Are values really dropping that fast? It seems to me most F-Types did not sell anywhere close to MSRP and that only the very basic models are listed under $60k. Factor in that they are already 2 years old, and it doesn't sound so bad.
 
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Old Apr 14, 2015 | 07:38 AM
  #44  
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Originally Posted by amcdonal86
Are values really dropping that fast? It seems to me most F-Types did not sell anywhere close to MSRP and that only the very basic models are listed under $60k. Factor in that they are already 2 years old, and it doesn't sound so bad.
+1 and actually better than several higher-end Audis and BMWs I unloaded after a couple of years. The worst losses I ever took were on a '07 RS4 and a '03 745, respectively. The best-ever was a '06 C6 Z06, which I sold 3 years and 24K miles later for about $10K less than I paid for it new.

I purchased my '14 base convertible brand new for close to $60K, so from where I sit, depreciation is actually looking a little better than the percentage average of all cars.

Predictably, the $100K V8s are the ones with dramatic price drops, and that's almost always true with all makes in that price class and above.
 
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Old Apr 14, 2015 | 08:17 AM
  #45  
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Originally Posted by amcdonal86
Are values really dropping that fast? It seems to me most F-Types did not sell anywhere close to MSRP and that only the very basic models are listed under $60k. Factor in that they are already 2 years old, and it doesn't sound so bad.
+1

The average depreciation rate in the industry is 17% in year one and 10-13% in consecutive years. Most used listings seem to be in line with this trend, or slightly better.

What you have to remember is that 17% of a 100k auto is a lot more than 17% of a 40K auto, so the depreciation rate will appear to be larger than it actually is.

17% sucks, but it could be worse if you own one of these (including an XK).

Link: Cars That Lose Value The Fastest
 
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Old Apr 14, 2015 | 10:24 AM
  #46  
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Originally Posted by Foosh
The armed security guards, steel barriers that rise out of the ground, and computer chip-only access protecting the basement garage of my secure downtown DC building give me great peace of mind.
Wow. McDonalds have certainly taken restaurant security to a whole new level!
 
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Old Apr 14, 2015 | 10:31 AM
  #47  
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Old Apr 14, 2015 | 10:57 AM
  #48  
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Originally Posted by MI-FType
+1

The average depreciation rate in the industry is 17% in year one and 10-13% in consecutive years. Most used listings seem to be in line with this trend, or slightly better.

What you have to remember is that 17% of a 100k auto is a lot more than 17% of a 40K auto, so the depreciation rate will appear to be larger than it actually is.

17% sucks, but it could be worse if you own one of these (including an XK).

Link: Cars That Lose Value The Fastest
Think some of you guys are living in another universe! Like MI-FType says, depreciate hits hard. Here's Edmund's example using a generic Nissan 370Z. After 2 years, 31% depreciation.

Depreciation Infographic: How Fast Does My New Car Lose Value?

So depending on condition of the F-Type, you can easily see a 2014 (2 year old) that MSRP for $100K to be in the $60K range. No big surprise folks.

FWIW, when I got rid of a 2013 Porsche 911 (new 991 generation) w/ about 14K miles, I took a 17% hit. That's 17% in 1.5 years on a mint condition car. The guy that will eventually buy my car will probably get it from 80% of MSRP after 1.5 years. That's 20% in 1.5 years. Sports cars depreciate like crazy!

Expense hobby :/
 
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Old Apr 14, 2015 | 11:17 AM
  #49  
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Originally Posted by shift
"...Sports cars depreciate like crazy! Expense hobby :/"
Indeed!
 
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Old Apr 14, 2015 | 11:45 AM
  #50  
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Originally Posted by swajames
Wow. McDonalds have certainly taken restaurant security to a whole new level!
That's too funny!
 
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Old Apr 14, 2015 | 12:04 PM
  #51  
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I don't get it.
 
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Old Apr 14, 2015 | 01:26 PM
  #52  
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Funny, today Jalopnik put the 2015 Coupe R on their list of cars they think will appreciate in 10 years. I don't believe it will actually happen but good timing none-the-less.

Ten New Cars That Could Be Worth A Ton Of Money In Ten Years
 
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Old Apr 14, 2015 | 01:36 PM
  #53  
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What I don't get is why anybody would sell a great car after just a couple years. Garage space should be the issue, not depreciation.
 

Last edited by Unhingd; Apr 14, 2015 at 01:39 PM.
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Old Apr 14, 2015 | 02:01 PM
  #54  
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Originally Posted by lhoboy
What I don't get is why anybody would sell a great car after just a couple years. Garage space should be the issue, not depreciation.
If they remained "great cars" in one's mind, you'd be right, but for some of us, they lose their luster in a few years. In some cases, they are not great cars, and my haunted 745i was a great example of that. Engine #2 after 10K miles was the final straw after dozens of electrical gremlins, all of which were different, and precluded use of the lemon law.

If they were all great cars, I'd need a 50 car garage. Of all of those cars, I only regret selling 4 of them--a '90 Miata, '95 M3 Coupe, an '05 Lotus Elise, and an '06 Z06, all of which were bulletproof and awesome.
 
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Old Apr 14, 2015 | 02:18 PM
  #55  
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Originally Posted by LynxFX
Funny, today Jalopnik put the 2015 Coupe R on their list of cars they think will appreciate in 10 years. I don't believe it will actually happen but good timing none-the-less.

Ten New Cars That Could Be Worth A Ton Of Money In Ten Years
I totally agree with the first year RWD thing...I think they're keepers for sure!
 
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Old Apr 14, 2015 | 02:33 PM
  #56  
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Originally Posted by buickfunnycar.com
I totally agree with the first year RWD thing...I think they're keepers for sure!


I would agree, IF, the RWD R wasn't offered anywhere anymore, but that's simply not the case. They are still produced for other countries, and I assume if someone wanted one bad enough they could import it.
 
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Old Apr 14, 2015 | 03:24 PM
  #57  
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Originally Posted by TXJagR
I would agree, IF, the RWD R wasn't offered anywhere anymore, but that's simply not the case. They are still produced for other countries, and I assume if someone wanted one bad enough they could import it.
One would have to wait until the car is 25 years old to be imported into the U.S., if it was not certified to U.S. specs.
 
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Old Apr 14, 2015 | 05:38 PM
  #58  
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Originally Posted by Foosh
One would have to wait until the car is 25 years old to be imported into the U.S., if it was not certified to U.S. specs.
Actually, it's quite possible that you could import a new RWD R today. My understanding is that you are allowed to import a vehicle that is "substantially" similar to one that is certified in the US. You'd probably have to make some small modifications (things like signal light color changes) if any were done on '14 and '15 RWD cars to bring them in, but I think that a RWD 2016 R would probably be a pretty easy car to import, relatively speaking.

You'd still have to pay for the car wherever you're buying it, so I bet that imported RWD R would cost substantially more than a US-spec AWD R.
 
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Old Apr 14, 2015 | 05:55 PM
  #59  
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Originally Posted by bwco
Actually, it's quite possible that you could import a new RWD R today. My understanding is that you are allowed to import a vehicle that is "substantially" similar to one that is certified in the US. You'd probably have to make some small modifications (things like signal light color changes) if any were done on '14 and '15 RWD cars to bring them in, but I think that a RWD 2016 R would probably be a pretty easy car to import, relatively speaking.

You'd still have to pay for the car wherever you're buying it, so I bet that imported RWD R would cost substantially more than a US-spec AWD R.
Easy, no. Perhaps, if you're willing to endure I would imagine a year's worth of paperwork. You'd have to prove "substantial similarity." That's why the "grey market" market cars people tried to bring in from Europe in the 80's were such a nightmare for people.

I don't know what markets the RWD version will still be offered other than the UK, but there's the little issue of RHD, which doesn't fit the definition of "substantially similar" and would be viewed as a safety hazard here.

After all that, you'd then have the wonderful "privilege" of paying the substantially higher prices in place everywhere else. Like I said, you can't [practically] import a foreign version unless it's 25 years old.
 
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Old Apr 14, 2015 | 08:00 PM
  #60  
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Originally Posted by Foosh
Easy, no. Perhaps, if you're willing to endure I would imagine a year's worth of paperwork. You'd have to prove "substantial similarity." That's why the "grey market" market cars people tried to bring in from Europe in the 80's were such a nightmare for people.

I don't know what markets the RWD version will still be offered other than the UK, but there's the little issue of RHD, which doesn't fit the definition of "substantially similar" and would be viewed as a safety hazard here.

After all that, you'd then have the wonderful "privilege" of paying the substantially higher prices in place everywhere else. Like I said, you can't [practically] import a foreign version unless it's 25 years old.
The process is actually not that difficult to prove a vehicle is substantially similar. All you need is a letter from the manufacturer stating as such (which can be easy or hard depending on the brand) and provide that to the proper authorities. Doug DeMuro from Jalopnik outlines this process in full in one of his articles.

I do believe left hand drive vehicles are being made also. I think the North American market is the only one not getting RWD, so they can be had. But I'm sure it would be pricy.
 
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