Potential owner seeking advice
#1
Potential owner seeking advice
Hi guys,
have been reading the forum this weekend and decided to join.
I have been collecting motorcycles for some time, and had pretty much decided to sell some of the more collectable ones and move the money into an Aston but then couldn't stop looking at the XK8's and R's, and what value for money they really are, not to mention the R's being actually more powerful than the AM V8 Vantage that I could afford (relatively speaking)
As with my bikes, I also have concerns with depreciation, and I am thinking that these cars have pretty much bottomed out, the only thing bumming me out (only slightly) is the lack of a manual option....Oh well.
For those of you that will say if you care about depreciation then you shouldn't buy one; I think its both feasible and smart for my situation; I've done the same with bikes and have essentially made profit or broke even on all my bike purchases and sales for years now.
All that said, are there any years or models that I should avoid?
I understand there were 2 engine sizes 4.0 and 4.2 and the 8 and R versions, with other specialty editions in there like Silverstone etc. Any known reliability issues in certain years?
Ideally looking for an R Coupe, but willing to consider other models.
Any info appreciated including whats reasonable money for these and if higher mileage is a no no......
Cheers
Daren
have been reading the forum this weekend and decided to join.
I have been collecting motorcycles for some time, and had pretty much decided to sell some of the more collectable ones and move the money into an Aston but then couldn't stop looking at the XK8's and R's, and what value for money they really are, not to mention the R's being actually more powerful than the AM V8 Vantage that I could afford (relatively speaking)
As with my bikes, I also have concerns with depreciation, and I am thinking that these cars have pretty much bottomed out, the only thing bumming me out (only slightly) is the lack of a manual option....Oh well.
For those of you that will say if you care about depreciation then you shouldn't buy one; I think its both feasible and smart for my situation; I've done the same with bikes and have essentially made profit or broke even on all my bike purchases and sales for years now.
All that said, are there any years or models that I should avoid?
I understand there were 2 engine sizes 4.0 and 4.2 and the 8 and R versions, with other specialty editions in there like Silverstone etc. Any known reliability issues in certain years?
Ideally looking for an R Coupe, but willing to consider other models.
Any info appreciated including whats reasonable money for these and if higher mileage is a no no......
Cheers
Daren
#3
Welcome to the forum Daren,
I've previously owned both 2001 and 2005 Coupes and agree with Wayne's advice. Jaguar gradually resolved most of the design problems and choosing one of the later model years would save you checking or resolving the early issues.
The https://www.jaguarforums.com/forum/x...ts-data-29800/ 'sticky' thread at the top here will give you a good idea of the regular issues.
With any used Jaguar, a complete service history is crucial. Any gaps should be questioned closely.
The various special editions don't generally attract a premium but the 'Victory Edition' has all the options included.
Good luck with the search for the right one for you.
Graham
I've previously owned both 2001 and 2005 Coupes and agree with Wayne's advice. Jaguar gradually resolved most of the design problems and choosing one of the later model years would save you checking or resolving the early issues.
The https://www.jaguarforums.com/forum/x...ts-data-29800/ 'sticky' thread at the top here will give you a good idea of the regular issues.
With any used Jaguar, a complete service history is crucial. Any gaps should be questioned closely.
The various special editions don't generally attract a premium but the 'Victory Edition' has all the options included.
Good luck with the search for the right one for you.
Graham
#4
I'd say you got a 50/50 shot at MAKING money on these cars if you buy it and keep it for a bit then sell. The newer the more they cost, less room for profit. The older model you choose the less they are worth and frankly the less the demand, thus continued low price.
If buy one and mod it beyond just normal maint stuff these cars get, even using upgraded parts you will have a smaaall market of buyers willing to pay more for it.
We all seem to agree here that these cars will be possible collector cars, 97-2005 but the worth, the jury is out on that one still.
If buy one and mod it beyond just normal maint stuff these cars get, even using upgraded parts you will have a smaaall market of buyers willing to pay more for it.
We all seem to agree here that these cars will be possible collector cars, 97-2005 but the worth, the jury is out on that one still.
#5
#6
Thanks for your advice guys; shame I haven't sold the bikes yet because this one seems like it checks all the right boxes:
Jaguar XK8 XK8 Coupe | eBay
Jaguar XK8 XK8 Coupe | eBay
#7
The dealer is a Brit who specializes in the sale of XK's and XJS's (he's currently got 3 up for auction). His feedback credentials are flawless. You might want to contact a local independant technician (or one at a dealer) and offer to pay him to check the car out on your behalf. Use the findings for negotiation and maybe do an off-eBay deal - the seller will be more negotiable since he'll be avoiding eBay's fee.
Good Luck.
Good Luck.
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#8
Appreciate that.
The dealer is a Brit who specializes in the sale of XK's and XJS's (he's currently got 3 up for auction). His feedback credentials are flawless. You might want to contact a local independant technician (or one at a dealer) and offer to pay him to check the car out on your behalf. Use the findings for negotiation and maybe do an off-eBay deal - the seller will be more negotiable since he'll be avoiding eBay's fee.
Good Luck.
Good Luck.
#9
I'd say you got a 50/50 shot at MAKING money on these cars if you buy it and keep it for a bit then sell. The newer the more they cost, less room for profit. The older model you choose the less they are worth and frankly the less the demand, thus continued low price.
If buy one and mod it beyond just normal maint stuff these cars get, even using upgraded parts you will have a smaaall market of buyers willing to pay more for it.
We all seem to agree here that these cars will be possible collector cars, 97-2005 but the worth, the jury is out on that one still.
If buy one and mod it beyond just normal maint stuff these cars get, even using upgraded parts you will have a smaaall market of buyers willing to pay more for it.
We all seem to agree here that these cars will be possible collector cars, 97-2005 but the worth, the jury is out on that one still.
#10
The dealer is a Brit who specializes in the sale of XK's and XJS's (he's currently got 3 up for auction). His feedback credentials are flawless. You might want to contact a local independant technician (or one at a dealer) and offer to pay him to check the car out on your behalf. Use the findings for negotiation and maybe do an off-eBay deal - the seller will be more negotiable since he'll be avoiding eBay's fee.
Good Luck.
Good Luck.
BUYER BEWARE.
#11
That is a gorgeous car! Of course, that could be said about almost any XK. The price, however, is pretty high. Kelly Blue Book pegs it at under $12,000. I bought my 2005 Carbon Fiber XK8 with 56,000 miles in late 2011 and paid $16,000. I can't imagine the seller will get near what he's asking. If you don't get this one, I hope you find another. Good cars are out there. Keep reading the Forum and get as educated as you can. And stick to the later models, for sure. Good luck.
#12
Yes, I did KB it, but like my bikes, sometimes with the nicer examples KB can be pretty inaccurate, however I do agree that the mileage is sorta high for the price, even thiough its a nice days/weekend driver for me, so I doubt I'll be doing more than 3-5k a year. I think I was just thrilled to find such a late model (2006), as nearly everything I have been looking at has been pre 2003. Definitely absorbing all the info I can from this sight and going with the 4.2.
Cheers
Cheers
#13
Hi DBAM
The later XKR's , especially a 4.2 would be a great car.
Don't discount the early 2000's XKR.
So long as it has a good service history and all the big ticket stuff has been done ( like timing chain tensioners etc ) you should get a nice car for low $.
My history in Australia.
I paid $ 38000 Aus for a 2000 XKR convert , with 105,000kms , a full service history and only 2 previous owners. The owner before me had only done 5000kms in 6 years but it was a regular weekender and had had lots of $ tipped into it before I got it.
Not sure about the newer models but beware that the XKR can chew out suspension bushes.
I just had all of mine redone, front and rear , by a great independent Jag expert here in Victoria , for around $2300 Aust.
It also could do with some new shocks at the rear but for now , they're good.
That will be around $2500 Aust.
I looked around for about 6 months, advertised in wanted in Jaguar car club magazines and got a really well looked after example. He's not concourse but very neat and tidy.
My advice would be to have about $5000 under the bed for some repairs after you buy.
Good luck with it. They are a magnificent GT car.
Pete
The later XKR's , especially a 4.2 would be a great car.
Don't discount the early 2000's XKR.
So long as it has a good service history and all the big ticket stuff has been done ( like timing chain tensioners etc ) you should get a nice car for low $.
My history in Australia.
I paid $ 38000 Aus for a 2000 XKR convert , with 105,000kms , a full service history and only 2 previous owners. The owner before me had only done 5000kms in 6 years but it was a regular weekender and had had lots of $ tipped into it before I got it.
Not sure about the newer models but beware that the XKR can chew out suspension bushes.
I just had all of mine redone, front and rear , by a great independent Jag expert here in Victoria , for around $2300 Aust.
It also could do with some new shocks at the rear but for now , they're good.
That will be around $2500 Aust.
I looked around for about 6 months, advertised in wanted in Jaguar car club magazines and got a really well looked after example. He's not concourse but very neat and tidy.
My advice would be to have about $5000 under the bed for some repairs after you buy.
Good luck with it. They are a magnificent GT car.
Pete
#14
Thanks Pete, good stuff. Yes, my goal would be to have the XKR coupe, and I do get a kick out of the fact that they have more power than a 2006-2008 Aston Vantage . Here in the states though, it seems that the coupes are quite few and far between. I'll keep my eyes peeled. Have to sell my Ducati MH900e to fund it first.
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