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What should I pay for a 2004 S-Type?

Old Nov 12, 2009 | 10:20 PM
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Default What should I pay for a 2004 S-Type?

I am looking at stepping up from my X-Type to an S-Type. The Jaguar dealership I am working with has a 2004 Jaguar S-Type. Features are a 4.2 V8, Alpine Stereo, 57k, clean inside and out, and CD changer. They are asking $16,950 for the car. I will be trading in my X-Type and they are willing to give me $5300 for it, which I think is fair and is about what the trade in value is. I need some advice since the Blue Book value (KBB) is $17000 and the Edmunds and NADA values are around $13000 to $14000. I will be purchasing a warranty as well. So my question is, would offering $13000 be an insult or would it be justified? Just wanting some opinions from S-Type owners.

Thank you,

Will
 
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Old Nov 13, 2009 | 05:09 PM
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Go back to kbb.com and take a look at the trade in and private party prices, not just the blue book price. $17k seems a bit high (even in Calif. dollars). If they insist on their price, get them to toss in an extended warranty ...at no extra cost to you.
 
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Old Nov 13, 2009 | 08:59 PM
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My local dealer is running an 05 S-Type 4.2 with 42K miles at $16900. The ad doesn't say if it's certified or not, but, I doubt if it is at that price. I think your dealer has got some room to deal with you.

Regards:
Oldengineer
 
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Old Nov 13, 2009 | 10:44 PM
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thanks for all the advice. i ended up lowballing them at $13500 and after 2 hours of negotiating (the salesman going to the managers office), i got the car for $13500. I got a 3 year warranty that was similar to the one on my x-type (3 years/36k) for $3600. I think I got a great deal.
 
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Old Nov 14, 2009 | 01:07 PM
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Congratulations on the new ride. I did the same thing you did back first of this year. I swapped my X-Type for an 06 S-Type 4.2 VDP. The V8 S-Type is so much quicker than my 3.0 X-Type was that it took me about 2 weeks to stop grinning. You'll also discover that your new ride will get much better fuel economy than your X did.

Regards:
Oldengineer
 
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