British automakers never cease to amaze us with their unmatched class. With more than 23,000 cars sold in 2020, Jaguar is growing its reputation as a luxury car brand. But the depreciation of expensive cars often comes into question.
Do Jaguars hold their value? This is the question that every potential buyer has on their minds. In this article, we will cover all information regarding the resale of Jaguar.
Do Jaguars Hold Their Value?
No, Jaguars don’t hold their values very well and that’s a fact. They tend to lose more than 58% of their value during the first 5 years. But after this period, less than 50% of its useful life is intact. Hence, buying a second-hand Jaguar is nothing short of inviting trouble.
The following illustration shows the average depreciation of a Jaguar over 12 years.
Also read: Audi Depreciation: 11 Popular Models Depreciation Charts
6 Popular Jaguar Models and Their Depreciation
1. Jaguar I-Pace
Initial Selling Price: $71,050
Average Yearly Depreciation: 6.8% or $4,855
12-Year Depreciation Projection:
| Vehicle Age | Residual Value | Depreciation | Vehicle Worth |
| 1 | 78% | $15,631 | $55,419 |
| 2 | 71% | $20,605 | $50,446 |
| 3 | 63% | $26,289 | $44,762 |
| 4 | 54% | $32,683 | $38,367 |
| 5 | 46% | $38,367 | $32,683 |
| 6 | 38% | $44,051 | $26,999 |
| 7 | 33% | $47,604 | $23,447 |
| 8 | 27% | $51,867 | $19,184 |
| 9 | 25% | $53,288 | $17,763 |
| 10 | 21% | $56,130 | $14,921 |
| 11 | 19% | $57,551 | $13,500 |
| 12 | 18% | $58,261 | $12,789 |
2. Jaguar F-Pace
Initial Selling Price: $52,050
Average Yearly Depreciation: 6.8% or $3,513
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12-Year Depreciation Projection:
| Vehicle Age | Residual Value | Depreciation | Vehicle Worth |
| 1 | 78% | $11,451 | $40,599 |
| 2 | 70% | $15,615 | $36,435 |
| 3 | 63% | $19,259 | $32,792 |
| 4 | 54% | $23,943 | $28,107 |
| 5 | 46% | $28,107 | $23,943 |
| 6 | 38% | $32,271 | $19,779 |
| 7 | 33% | $34,874 | $17,177 |
| 8 | 27% | $37,997 | $14,054 |
| 9 | 25% | $39,038 | $13,013 |
| 10 | 21% | $41,120 | $10,931 |
| 11 | 20% | $41,640 | $10,410 |
| 12 | 19% | $42,161 | $9,890 |
Also read: What’s A High Mileage for a Jaguar? The Facts!
3. Jaguar E-Pace
Initial Selling Price: $42,045
Average Yearly Depreciation: 6.8% or $2,838
12-Year Depreciation Projection:
| Vehicle Age | Residual Value | Depreciation | Vehicle Worth |
| 1 | 78% | $9,250 | $32,795 |
| 2 | 70% | $12,614 | $29,432 |
| 3 | 64% | $15,136 | $26,909 |
| 4 | 54% | $19,341 | $22,704 |
| 5 | 46% | $22,704 | $19,341 |
| 6 | 38% | $26,068 | $15,977 |
| 7 | 34% | $27,750 | $14,295 |
| 8 | 27% | $30,693 | $11,352 |
| 9 | 26% | $31,113 | $10,932 |
| 10 | 22% | $32,795 | $9,250 |
| 11 | 20% | $33,636 | $8,409 |
| 12 | 19% | $34,056 | $7,989 |
4. Jaguar XF
Initial Selling Price: $46,450
Average Yearly Depreciation: 7.3% or $3,368
12-Year Depreciation Projection:
| Vehicle Age | Residual Value | Depreciation | Vehicle Worth |
| 1 | 75% | $11,613 | $34,838 |
| 2 | 62% | $17,651 | $28,799 |
| 3 | 61% | $18,116 | $28,335 |
| 4 | 48% | $24,154 | $22,296 |
| 5 | 39% | $28,335 | $18,116 |
| 6 | 32% | $31,586 | $14,864 |
| 7 | 29% | $32,980 | $13,471 |
| 8 | 23% | $35,767 | $10,684 |
| 9 | 22% | $36,231 | $10,219 |
| 10 | 17% | $38,554 | $7,897 |
| 11 | 15% | $39,483 | $6,968 |
| 12 | 13% | $40,412 | $6,039 |
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5. Jaguar XE
Initial Selling Price: $40,950
Average Yearly Depreciation: 7.1% or $2,901
12-Year Depreciation Projection:
| Vehicle Age | Residual Value | Depreciation | Vehicle Worth |
| 1 | 73% | $11,057 | $29,894 |
| 2 | 60% | $16,380 | $24,570 |
| 3 | 59% | $16,790 | $24,161 |
| 4 | 45% | $22,523 | $18,428 |
| 5 | 39% | $24,980 | $15,971 |
| 6 | 30% | $28,665 | $12,285 |
| 7 | 28% | $29,484 | $11,466 |
| 8 | 20% | $32,760 | $8,190 |
| 9 | 19% | $33,170 | $7,781 |
| 10 | 18% | $33,579 | $7,371 |
| 11 | 17% | $33,989 | $6,962 |
| 12 | 15% | $34,808 | $6,143 |
6. Jaguar F-Type
Initial Selling Price: $62,750
Average Yearly Depreciation: 6.4% or $4,026
12-Year Depreciation Projection:
| Vehicle Age | Residual Value | Depreciation | Vehicle Worth |
| 1 | 69% | $19,453 | $43,298 |
| 2 | 59% | $25,728 | $37,023 |
| 3 | 54% | $28,865 | $33,885 |
| 4 | 51% | $30,748 | $32,003 |
| 5 | 46% | $33,885 | $28,865 |
| 6 | 41% | $37,023 | $25,728 |
| 7 | 39% | $38,278 | $24,473 |
| 8 | 35% | $40,788 | $21,963 |
| 9 | 30% | $43,925 | $18,825 |
| 10 | 28% | $45,180 | $17,570 |
| 11 | 25% | $47,063 | $15,688 |
| 12 | 23% | $48,318 | $14,433 |
Also read: Are British Cars Reliable? For Sure not all of Them…
Why Do Jaguars Lose Their Value so Fast?
There are several reasons why Jaguars lose their value so fast. Some of which are:
- They are highly complex cars.
- They are not among the most reliable brands, as they tend to run into problems very often.
- The labor and parts costs of Jaguar are very high.
- Major replacements and maintenance are required before reaching 30,000 miles.
- Initial prices are high so naturally, they lose a lot of money.
Why Do Jaguars Lose Value Fast in the First Years?
Like every other expensive car brand, Jaguars lose 25-30% of their value by the end of the first year, and by the end of the second year they have depreciated around 40%. The reason behind it is the extremely high initial prices of Jaguar.
It is a fact that lavish products like exotic cars, fancy clothes, and designer bags lose their value very soon.
Which Jaguar to Buy, When to Buy it, and When to Sell it to Save as Much as Possible?
If you are buying a luxury car such as Jaguar, then most people will suggest you buy one that is at least 5 years old. But in my opinion, the best time to buy a Jaguar is after 2 years. By this time, Jaguars have lost the majority of their value.
With residual value ranging between 60% and 65% after 2 years of operation, it is the best time to buy a Jaguar.
For selling any luxury car in general as well I suggest that you use it as much as you can. In the case of Jaguar, you should not sell it before 8 years. This way you will be able to save most of your money.
What Can You Do to Decrease any Jaguar Depreciation?
If you follow the below tips, then you are more likely to save depreciation cost of any Jaguar model:
- Buy a Jaguar that has already depreciated enough.
- Reliability issues decrease its resale value, so make sure that you are on point with your maintenance schedule.
- Buy old Jaguars, but before purchasing, be sure that known faults of that model have been resolved.
- Jaguars or any other luxury cars are purchased for their looks. Prioritize the exterior and interior of your car. Keep it clean at all times.
- Maintain the paperwork of all maintenance, this matters a lot while selling it.
Does Jaguar Hold its Value Well Compared to Other Luxury Car Brands?
Following is the comparison between the depreciation rates of Jaguar and other luxury car brands.
- Jaguar vs Maserati
If any brand can match the class and comfort of a Jaguar, then it is Maserati. Being a similar segment car this comparison is quite interesting. The depreciation rates of both brands are somewhat close. Maserati loses 54% of its value after 5 years, as opposed to 58% of Jaguar.
- Jaguar vs Alfa Romeo
Alfa Romeo is one of the top competitors of Jaguar. Both brands are similar in the fact that they are known for manufacturing the least reliable cars. But Alfa Romeo has a slightly better resale value at 46% as compared to the 42% residual value of Jaguar after 5 years.
- Jaguar vs Rolls-Royce
It is a good comparison since both cars come from the UK. After 5 years, a Rolls-Royce would lose 46% of its value. However, a Jaguar will lose about 58% value after the same period. So, Rolls-Royce has an edge over Jaguar in this aspect.
References:
goodcarbadcar.net, autoexpress.co.uk, caredge.com, motortrend.com, iseecars.com, wane.com, jaguareaston.com, caranddriver.com, quora.com,
