I received a call from my local Jaguar dealer yesterday to see if I was interested in turning my XJ 2013 SC 3.0 in early (about six months). The car only has 9000 mi on it figuring there would be a high lease equity in the car which would give me a good negotiating tool for a new lease on a new F Type. Well I get a call from the salesman the following day, tells me my car has negative equity 9-10 thousand that's unconscionable. He tells me the used XJ's are not moving. I live in New Jersey any ideas???

 

Honestly you are best off just waiting until the lease is up and have JLR eat the negative equity. Drive the car the miles you have paid for. Lease deals on F-types are plentiful are likely to get better around Christmas time. XJ's just do not hold their resale that well and that kills trying to end the lease early. Good luck

 

Good advice to keep the car until the lease is up. Had you taken the dealer up on his offer, your misfortune would have been someone else's benefit.

I got a great deal on my CPO 2013 XJ because it was a corporate lease early turn-in after only 15 months to the original selling dealer in Chattanooga. They had all the service records and were eager to move the car, after it sat on their lot for 3 months.

 

I wonder if now is the time for me to upgrade to an X351.

 

And I wonder why you haven't already done so?

 

Don't you understand?

Negative equity is a way of life.

The whole fricken' economy is dependent on it.