Moving and looking to sell my 2016 5.0 XJL SC, black on black and under 24K miles.
I honestly didn't think I'd have any issue selling her, but the quotes I'm getting match the 3.0L Portfolio.

Am I being unrealistic for expecting the additional 130hp and options to enhance the value? Is it just that there are so few around that comps are a challenge? Granted general driver awareness is low so demand is as well, but where are the enthusiasts - I know they are out there, but don't know how to tap into them. Unfortunately, our Marketplace isn't an answer.

Thanks for suggestions. Make it a great day.

 

Any depreciated luxury car has this problem but especially the Jaguar XJ.

1. It's not a common vehicle in the United States, so awareness is low.
2. Maintenance is expensive, like any luxury car. Due to #1, parts availability and tribal knowledge of these cars is low compared to say, a M113K equipped Mercedes. Just look at the traffic on MBWorld compared to any of the Jaguar forums.
3. The proverbial "turd in the swimming pool": both engines, both the V6 and V8 suffer from well-known and catastrophic timing chain and cooling system failures that require either lots of money or a skilled DIY to fix. A similarly complex issue occurs on the AMG M156 engines with their head bolt problems or the Porsche IMS bearings. Those issues dragged down resale values for equipped vehicles for decades. Now, all of those cars that are still on the road either weren't affected by the issues or have already been fixed.
4. Jaguar has a very poor reputation for reliability in the US market.
5. "Enthusiasts" buy an F-type or an XJ-R, which DO comp significantly higher than a regular 5.0 XJ. Think of the resale value on a BMW 550i versus the M5- the M5 comps double or triple.

Resale value is very low as a result. Also, most of the "third owner" XJs are in terrible shape, which drags down the rest of the market.

 

Check out the bid history for comparable XJ's on Bring a Trailer and Cars and Bids to make sure you have a realistic view of the value of your car. Those auction results are retail and represent the real market price of the cars. Sure, you may be able to trick someone into paying more than market price, but you can't argue that those results are market price.

The bottom line is that a low mileage 5.0L XJL represents an absolute bargain for buyers and a sad day for sellers. However, that's the case for any $100K luxury sedan, even EV's.

 

Good comments above and I will add mine.
It's gonna be tough as Jaguar has abandoned their customers and closed a large portion of their dealer network. I have had my 2014 XJR for about 8 years but if I was shopping today I would have to think VERY hard about choosing ANY Jaguar at this late date. I have had 2 Jaguars and both of those dealers have now stopped working on Jaguar's and are only LR dealers now.

Not sure where Jaguar will land or IF they will stay in business at all? Lot's of uncertainty.
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Thanks for the feedback and insights. I will take off the rose-tinted glasses and put on the green eyeshade.

Of course, any buyer leads are most welcome and finder's fees can be arranged!

 

Hi-

Is there a price on your 2016 XJL listed. I clicked on the link but nothing opened. Also, I'd be curious as to how much the selling dealer offered you to buy it. Thanks

 

Hi - It's not priced as I have been planning to sell it thru BaT. In discussions with Geneva Motors in WI, a regular seller via the BaT platform, they've told me to expect $28-30k.

 

Take a look at the comps here and judge for yourself: https://bringatrailer.com/jaguar/x351-xj-2010-2019/

I must say I'm surprised by how much these are bringing, but they are for truly mint condition, low-mileage examples.

 

jpm, I bought a 2016 3.0L example from a dealership 2.5 years ago with 77K miles on it for $28K. So, not sure what you are asking or what the current market value is for the car (as I haven't looked), but I would guess that in the low 20's to 18K range would be what I would kinda think things are at currently. Like others have said, the luxury sedan market has tanked and being able to get any decent amount of money for the car is hard. Great for a buyer, not so much for a seller.

 

Any accidents on your car? what color are the headliner and interior pillars? quilted, massage seats?

 

Do you still have this vehicle as I'm interested in possible purchase? LMK. thanks!

 

I think you are in a rare position of having a really nice example of this vehicle that should command a fair price; however, the fancy on Jaguar has been lost especially in the past year or so and as such the large chunk of would be buyers may not be wanting/looking for one that is so nice and low mileage not because they dont' want it, but because there are often others, not quite as low mileage, maybe not necessarily as mint, but still in really good condition that are going for bargains. I have 2 XJL SC's, a 2011 & 2012 and I paid a grand total of $5k for both of them together, all in. Granted, I am skilled DIY, only work on cars myself, love the challenge, and love the vehicle and I really have 1 great vehicle between the 2 of them, mixing and matching and all that though having a parts car is something I'd think is necessary in this climate of Jag abandonment. Aftermarket was already not huge and there is a finite lifespan of these, unfortunately. Time, Value (price in this case), and quality. Quality is a constant here and you can only pick 2 in any deal. So, if you want a decent price, it is going to take time. If you want to sell it quickly, price will have to come down. My wife would kill me if I got another (I have 3 jags total, X-Type that I DD in addition to the XJLs..8 vehicles all together) and for that reason...I am out. Good luck though!

 

Thanks, Thermo. I am seeing little differentiation btwn the 3.0 and my 5.0 when it comes to price. That may be because the Portfolio is the model more people know and own. And like them - the 340hp engine is very strong - so attracting a buyer to spend on the 5.0 470hp might be like getting a Macallan 18 buyer to pick up a bottle of the 25 y.o. Of course it's amazing, but is the difference great enough to justify the cost?

Appreciate the thoughts.

 

Thanks, Marco. I appreciate the follow-up.
External color is Ultimate Black, and the interior is Jet and Ivory. Yes, seats are quilted leather with heat, cool and the front seats have massage.

I've attached the Monroney sheet fyi.

 

I think you've hit it on the head, farm-jag. Plenty of spec choices at the rung below, and the 5.0 doesn't have any "unicorn" status. There may only be three 5.0s on sale nationwide today, with 60k-115k miles on them, but there also isn't the demand for something better. Jaguar "abandonment", as you say, is the reality. Thanks for your counsel. Good luck keeping your stable at eight...