Imcontemplating on buying an 05 Jaguar XKR Convertible for $23,500 with 30K miles on it. Is this a good price ?The car has factory warranty until May 09. I dont know much about the XKR Jags but I had an S-Type R for a couple months before and its a cool car but got rid of it in 2 months bc headlight problems. Luckily I sold that and made a nice profit. One thing I like about Jags they are great used buys. I like the 05-06's XKR'sbc of the better looking bodykit and they will most likely have warranty on them.They depreciate so terrible they are too cheap and great value for the dollar. The XKR was a 90K+ car and now under 24K. Im debating on buying thisXKR or not or wait till price gets cheaper in 2 monthssince winter time is the best time to buy a convertible usually Jan or Feb. Back in the summer time they were selling these cars for 30K plus now I guess the economy did damage to the XKRmarket so they will be cheaper be even more in Jan or Feb since the economy will get worst. AZ Jags told me the XKR depreciatedover 13K in 6 months bc of the economy. So Im not for sure if I should wait 2 more months or not bc of depreciation. Are these XKR cars reliable ? It appears like people have problems with themespecially the convertible top problem and restricted performance. I dont want to keep a Jag unless it has warranty on it, so If I did buy it I will sell it right before warranty expires like I did with my S-Type R. Plus when I resale I want to make sure I can at least make a profit by spring or summer. The way the economy is going it looks like the 05 XKR will be worth 17K by summer. Will this be a good car I can sell for returns in this economy ? Please give me some advice on purchasing an XKR Convertible. Should I buythis 05XKR Convertible now or wait 2 months til Jan or Feb for winter season to buy it ? Thanks

 

Here is the car Im looking at for $23,500 I left a deposit on it but I need to decide wheter or not to get it.

http://apps.dealerconnection.com/dea...erPACode=09648

 

Well the thing is I dont usually keep a car more than 4 months due to depreciation. In other words I drive nice luxury cars for free bc when I sell them I walk away with a decent profit. So depreciation doesnt apply to me. But I stick with cars that have some factory warranty left on them or some extended warranty on them. Its best to be covered if something happens at least the bill wont come out of my pockets. Also it gives buyers confidence when they purchase a car from me bc it will have warranty on it. So I dont plan on buying a warranty bc the car will come with it. My main concern is if I should wait 2 more months to buy an XKR Convertible due to the economy gettin worst and winter months are the best time to buy ? From what I learned over the past 6 months these XKR Convertibles depreciated over 2K per month. To get the real price of these cars check Galves.com it requires a subscription but you will get the actual prices these cars sell at the auction. 05-06 XKR Convertibles with 35K Miles and under been selling for 21K-26K. Keep in mind these cars new were over 90K. Call that some major depreciation.

 

Its for real man. These cars are lower then what people actually think. 05-06 XKR Convertibles under 35k been selling at the auctions for 21K-26K man. Inever buy beyond auction prices. I get the Manhiem listings every week, and I use Galves.com which gives me an average. I stick with those numbers when buying cars.KBB, NADA, and Edmunds trade-in prices are inflated by to trick the consumer. You alwayssuppose to buy withinGalves/Manhiem Auction prices.If not then yougot ripped for your car.Always buy at or near auction prices.I seen an 06 XKR Convertible 2 weeks ago with Select Edition 2 year warranty and portfolio pack with only 8K miles it sold for 28K. Even more disturbing I seen 04 XJRs with under 60K miles sell for under 14k.

 

You can get free Manhiem prices for cars every week on various car forums like 6 Speed. But always use Galves.com for your tool. Dont get ripped and lured by KBB, NADA, and Edmunds with inflated car values.

 

Im just looking to buy an XKR but cant decide if I should buy this one or wait 2 months in Jan-Feb since winter time is the best time to buy a convertible. No I dont work for any auction companies, I just a smart educated and informedbuyer and always pay at or near auction price generally no more then $500-$1000. I dont like gettin ripped off andtend to find the best deal. Why should I overpay there is no benifit to me right ?I always use Galves.com to get the real prices averages of cars and what they sell for every week. I use 6 Speed Porche Forum so I can get the Manheim Auction Reports of all the cars that sold and there prices. Dont be fooled that 05-06 XKRs are 30K+. You can buy them under 25K if you wait and find a good deal thats at auction prices. KBB, NADA,Edmunds are guides to lure consumers into thinking they got a great deal when instead they just got ripped by the dealer or private party paying 10K-15K what the car is actually worth. This 05 XKR looks great but Im afraid it will tank another 4K-6K in 2 months. So I think its best to wait. What do you think ? I think the 05 XKR Convertiblewill probaly be 19-20K by Feb. Also can someone tell me about the reliabilty of these cars. I dont want nothing that I gotta take to Jag Dealer all the time. I hated doing this with my S-type R trying to get them to cover headlights for 2 months dealing with Select. Also I want to sell the XKR for profit in summer bc convertibles demand is better. Also can someone explain why these Jags loses 75% its value in 2-3 years ? The 05-06 XKR Convertibles loss over 65K and now under 25K. Explain

 

SeismicGuyYou paid 38K for your XKR Convertible 3 months ago through private party ? Man Im sorry to say you got ripped off bro big time. You overpaid by 14K. WOW.

I bet the couple who sold it to you was glad to even get that from their tanking investment. Your research wasnt that great you overpaid 14K for that car especially if you could of waited till Jan-Feb winter months to buy an 05-06 XKRconvertible for under 23K by then probaly less. Plus the economy is bad and these XKR's been losing 2K a month.Im glad I sold my S-Type R in March and made a profit right beforethe economy dipped in April. If Ikept that Jag until now I would have losed over 6K onresale.You got ripped. Im sorry but hey at least you learned alesson how to buy cars in the future never overpay and always use Galves or check Manhiem Auction Reports to know the true value of cars. Dont trust KBB, NADA, and Edmunds they just consumer guides that are inflated. Dealers and Private partys make alot of money off informed uneducated buyers who trust those guides. Dont fall victim. Thats all.

 

^What are you talking about bro. Im just looking to get a greatdeal on an XKR Convertible.Dont be mad that you overpaid for your Jag. You should have known better how they lose 75% their value 2-3 years. Im not overpaying for any car I buy bc Im educated to get the best deal and dont believe in what dealers say about KBB, NADA, or Edmunds prices. I dont get ripped off bro. Enjoy your Jag, but I hope you learned a lesson that dont believe the hype on these car values. Especially a high end car where they are normally priced jacked 10K-15K beyond its initial value. I bet you a Jag Dealer would offer you 22K for your Jag you overpaid 38K for.
By the way XKR owners how is the reliability of these cars. I dont want to be going back to Jag dealer arguing about whats covered and whats not. That was a pain with my S-Type R. But since the XKR are so cheap and a nice looking car I willing to take the risk and buy but only with factory warranty. How does Jag Factory warranty work ? Do they give you the run around like Select Edition or in general about whats covered ? I know they like to rip consumers off trying to make a quick dollar. Advice

 

Well I tend not to buy from dealers nor do I have access to buy from car auctions since you must be a dealer and licensed.But I do know what they paid for these cars bc of 6 Speed Porsche forum they post the listings everyweek on any car youwish to buy. Plus Galves.com is available to consumers like me and you and they give the average prices cars sellat the auctions every week. Its usually a $1500 differential from average condition to good condition. Istick within theparameters of that.I usually target a private party when it comes to buying a car. But with the XKR theres a couple dealers that have these cars going for cheap since the economy is bad. They are hungry to make sales when theres plenty of cars they mustmove so you can get them within auction price ranges if you catch them off gaurd in tight situation. Its a buyers market for sure. I drive cars for a hobby. I get bored after a couple months and dont like losing money due to depreciation. If I kept my 03 S-Type R Jag I paid 16K for in Jan and sold it now it would be worth 9K bc it dropped 7K due to the economy. Thats bad. And last week I saw an 05 S-Type R on Ebay from dealer for 16K with 33K miles and 10 monthsfactory warranty remaining. So do you see why I get rid of my cars every 4 months ? In my state you can buy 4 cars a year. This year I had 3 so far and when I sold them I made a little profit from 1K-2K. Its not bad its just my hobby and it just so happen I get compensated for it. Thats all. Yeah I buy an XKR Convert sell in June when converible demand is high in the summer, then get another one Jan when it depreciated more and demand is low. In otherwords I lose no money driving nice cars. Its fun.

 

You didnt mention that blackbook values are inflated by 2-3K as well.Thats why I use Galves.com which averages out the Manhiem Auction prices per week. Its more acurate and more precise. Also check the Manhiem Auction Reports andsee what they are paying for these cars.Plus he bought it in August in which the XKR depreciated 2K each month. Even in August when I was checking out the 05 XKR ConvertiblesI seen5 of themtwo for29Kwith 17-24K miles and onethat sold for 21K with54K miles and one for 17K with 85K miles.So thats how he over paid 14k in terms of todays Novemeber price. Technically he overpaid 8K at the time of purchase. These XKR Convertiblesare around 23-26K now. Also the Jag at the Ford Dealer is clean I carfax and autochecked it no wrecks. And who cares if you buy it from a Ford Dealer or moms and pops dealer, or private partyif your getting an auction price deal. Besides Ford owned Jag before so what does it matter ?I sure dont want to overpay for some used XKR Convertiblethat loss 75% its value 2-3 years. People are just mad that the XKR depreciated real quickly due to the economy. These cars will sell alot less in Jan-March thats a fact via Manhiem. So tell the real facts, he overpaid for his car and it loss over 6K in 3 months due to the Economy. Toobad they dont have a car depreciationbailout plan.