XK / XKR ( X150 ) 2006 - 2014

XKR depreciation rate?

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Old Mar 30, 2012 | 05:23 AM
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Question XKR depreciation rate?

Hello to Jaguar owners,

What is the depreciation rate for a XKR 2011 or 2012 after 2 to 4 years ownership?

Thanks

Ian
 
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Old Mar 30, 2012 | 06:37 AM
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I'm new here and I'm sure an experienced xkr owner will correct me if I'm wrong but I recall seeing 4 year old xkr's selling for between 40-50K.
 
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Old Mar 30, 2012 | 06:51 AM
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A 2008-2010 with 20" wheels and winter package sold for $120K new in Canada and are now worth ~$55k for '08 and ~$82k for a '10 at retail, and less for owners who traded them in for wholesale. That should give you a good idea that I would expect would hold true for 2011 and 2012 models sold within that period with some warranty left.

I wouldn't think depreciation would change significantly when they change models, but it depends on the new models and their pricing.

Bruce
 
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Old Mar 30, 2012 | 07:22 AM
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Thanks for your answers.
What is the approximative residual after one to four years? Is it 20% less yearly ?

Thank you! I will have to decide to pull the trigger soon...

Ian
 
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Old Mar 30, 2012 | 09:47 AM
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The only thing faster than the speed of the car is the speed of the depreciation! :-)
 
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Old Mar 30, 2012 | 11:27 AM
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Originally Posted by aahmichael
The only thing faster than the speed of the car is the speed of the depreciation! :-)

Seems very true.... Lucky for me because I was blown away at the prices on 4 year old XK's.... Never even dreamed they would fall within my reach.

That said, I hope the sharp decline levels out now, as they are just too nice a car to maintain that fast a market collapse.

Vince
 
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Old Mar 30, 2012 | 05:53 PM
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Obviously the XK model is much wiser to buy pre-owned than new.
On the other hand, lots of people buy certain cars because it is the one they want and could care less about depreciation.

Count me in the second group. I plan to keep the XKR I get forever. Don't care about the depreciation numbers.

I do acknowledge that it is wise to be aware though.
 
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Old Mar 30, 2012 | 07:26 PM
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Originally Posted by ice350
Obviously the XK model is much wiser to buy pre-owned than new.
On the other hand, lots of people buy certain cars because it is the one they want and could care less about depreciation.

Count me in the second group. I plan to keep the XKR I get forever. Don't care about the depreciation numbers.

I'm in the same group as you. I'm not buying my car as an investment. I'm buying it for the pure enjoyment that it will provide.
 
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Old Mar 31, 2012 | 11:51 AM
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Thanks for your inputs. The problem is that I can't keep my cars more than three years max. I know that I want the new xkr in 2014. That's why I hesitate right now. Any advice?

Ian
 
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Old Mar 31, 2012 | 01:20 PM
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The 12 may have a different rate due to the facelift
 
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