F-Type Prices

[Lunar]

So only a few months ago I was window browsing (honest!) prices for the original (best) shape V8 RWD at around £50k and for the new shape R AWD around £60k, as convertibles.

Now the R's are at bottom of the £50k range and, more surprisingly, I see an SVR coupe with not 7k miles on it has come down into the £50k range - wow!

No wonder I got an email from JLR offering me a £31k discount on a new one - do wonder what the PCP residual would be set at though.

With the Marmite new model year shape and end to the supercharged engines that define this great car it seems this next 12-18 months could well be a good time to seek out a bargain for a keeper if you can find the spec. and colour you really want.

I wonder how sales figures compare to other cars that now come in to the "wish I'd kept that one" category?

 

[Chamon_lee]

This discussion is across various threads but I am the same as you the spread the dealers seem to have are some of the worse I have seen.
I feel sorry for the people who purchased some of these cars 6 months ago and they have tanked 10k just on the retail side never mind getting a PX figure.

Been looking at the R model on and off for a few months now and I dont mind taking a hit but I don't want to get burned in hot lava!
Used to deprication with M cars and AMGs but this is even worse.

I also think they will tank even more in the next 6-9 months.

 

[Elementad]

I’ve not seen many sports cars depreciate worse than bmw m cars. My pals m6 he spent a fortune on. Tried to trade it in a couple of years later and couldn’t get any more than £14k for it. I think all marques are similar if you look into it.

 

[JohnG123]

Traded in my 2016 Firesand 5.0 R AWD only 20,000 miles on it. On the 30th November car had lost £16K in 10 Months.

Dealer now listed it up with a £6K margin...……… worst still looks like they have sold it...………………

 

[johnsoncp]

My 7 month old P300 which I bought new has lost 17k according to their trade in figures. As it's on a PCP with a guaranteed residual I can expect it to only lose 5k more over the next 3 1/2 years. Think I better keep it then

In fact it has lost 40% in 7 months.

And just for fun, it has cost me £25 for every mile it has driven

 

[Chamon_lee]

My 7 month old P300 which I bought new has lost 17k according to their trade in figures. As it's on a PCP with a guaranteed residual I can expect it to only lose 5k more over the next 3 1/2 years. Think I better keep it then

In fact it has lost 40% in 7 months.

And just for fun, it has cost me £25 for every mile it has driven

LOL sorry I shouldn't laugh but the figures are comical!
I know its a great car and its great fun to drive but depreciation can and does taint things a little too

 

[johnsoncp]

My 7 month old P300 which I bought new has lost 17k according to their trade in figures. As it's on a PCP with a guaranteed residual I can expect it to only lose 5k more over the next 3 1/2 years. Think I better keep it then

In fact it has lost 40% in 7 months.

And just for fun, it has cost me £25 for every mile it has driven

LOL sorry I shouldn't laugh but the figures are comical!
I know its a great car and its great fun to drive but depreciation can and does taint things a little too

It's OK you can laugh. I think it's very funny myself. If I had bought at RRP then it would have lost £27,000 in 7 months. It is without doubt the highest depreciating car I have ever owned. So far it's cost over £2,400 per month.

 

[Senninha]

I bought mine from a specialist who was selling on behalf of someone who was tired of paying a high monthly figure to Jag finance when his wife was mainly using her Cooper ... so I picked up a MY16 at 42k when the original order showed 67k .. so it had dropped 25k in 2 and a bit yrs ...

I loved it, drove it as much as poss but couldn’t justify keeping with the Honda ready and waiting to be driven so the Coupe had to go ... depreciation around £300 per month but the smiles out-weighed this easily ...

From the numbers above I suspect there will be lots of vehicles simply handed back ... hopefully over the years people have learned that you never put a large deposit into a PCP so if the market has crashed, you can walk away from the car and contract without penalty and the minimum of loss financially, leaving the manufacturer to pick up the shortfall ....

The Honda on the other hand, has done quite the opposite

(If you want a real scare, look at the asking price of the current generation NSX compared to its original list price :shock: :shock: )

 

[Fez]

All depends on how long you are going to keep it. Try buying a series 1 E type for 7 grand (price when new) now more than 100k. I agree if you changing your car every 2yrs you will feel the pain. Keep it for 25yrs and you might by presently surprised. Those horrible yellow badges of a 400 sport could be made of gold. Mines a keeper and it makes smile so worth every penny.

 

[steviegtr]

Sold my series 2 e-type drop head for £1300. Something like 1976. The car was a 1970 in mint condition. If only I had known eh.

 

[gf15]

Just been looking to change my 2005 BMW650 with either a 2015 F type or a 2015 BMW 650I OR 640D. 650 ruled out due to engine reliability issues, I could not get my head around running a car on tractor fuel, so the 640d was ruled out too. Retained value of the Jag was just under 50%, for the BMWs it was under 40%.

 

[stickshift steve]

There is a manual 2107 car registered in 2019 with 694 miles on it at a main dealer for £38k . Now that must work out at a horrendous £ per mile from the new cost price.
From what i can figure out cars that are over a couple of years old are going down by about £500 per month and around £250 for older ones .
Every 3 months there seems to be a big drop (i am guessing C.A.P price book alters the trade value)
I suspect there will be a drop when the new shape ones start to get to the forecourts in march too.
There seems to be a lot of private sellers that are advertising for more than main dealers are advertising at .

 

[alpinaman]

Try owning an M car..

M4 is awful....Doing around 60% in 3 yrs with normal miles..

M5 F10.... I know where there is 3 yr old M5 with nice spec but has done 50k miles for £26k,that was an £80k car new..

Crazy loses.

 

[stickshift steve]

Looks like the £38k car is now £35.5k . I cant buy a car whilst prices are dropping so much so quickly .I am a Yorkshireman after all so i would be banished from the kingdom.

 

[scm]

An F-Type and banished from Yorkshire - win, win!

 

[alpinaman]

Looks like the £38k car is now £35.5k . I cant buy a car whilst prices are dropping so much so quickly .I am a Yorkshireman after all so i would be banished from the kingdom.

Sports cars in winter always get a battering...

I bought a 2014 Cayman on Boxing day last year,sold it in July after putting 3k miles and spending no money on it at all..It made profit just because of the time of year..

Its very difficult to buy a Jag and not lose money,they dont retain very well....But buying in summer or early spring will see highest price.


I cant think of one car in the £30k-£40k region that hasnt shed coin over the last year,and wont continue to in 2020

 

[Arne]

I stopped thinking what my 15 R was worth, the day after I bought it (one year old). I had found the "perfect for me" fun car, in the exact configuration that I wanted.
What I was looking for was a car that challenged me when driving it, but still could be comfortable enough to be used on longer Holiday trips together with other petrol heads - or just my wife and I.
I don't use it as an everyday car. For that we have a more practical car, specially in winter time (it is real winter where we live).
In the winter it is stored in the garage for close to 5 months a year.
The above means it does not get a lot of milage, just some 2-4.000 miles each year. Keeping it in good condition (yearly service and good care) should hopefully mean I will still have a great fun car to play with for many years to come, without the extra money a (for me) new car would cost me every 3 years or so.
Coming spring it will be 5 years since I got the car, and I am eagerly looking forward to have some fun with it again. After some 5 months it is just like getting a "new" car every spring, and maybe even better than that, as it is like getting together with a great "friend" again, without the chance of ever getting bored.
The fact that it is the first model year of the coupe, with rwd, just adds to the great experience it is to get behind the wheels every spring.
What value it has to others, I could not care less.
Whats important is what value it has to me, and that is way more than what anyone else would be willing to pay for it
And that is not just an empty statement, as I did get a very good offer for the car when I picked it up from service a couple of months ago. Another JLR customer came by when the car was delivered to me by my mechanic at the dealer. He had seen the car being serviced, talked to the mechanic and really wanted the car. I politely told him " thanks but no thanks", and have not been close to regret it - even though it has been sitting in the garage since then, waiting for spring to come
And now I have just come back from the garage, disconnecting the Ctek charger/conditioner after a "top off" of the battery. It has been 6 weeks since the last charging, and it took less than 5 hours before the Ctek showed full charge. The battery is the OEM one, almost 6 years old
I REALLY like this car

 

[Lunar]

Well said that man - summed it up nicely

 

[stickshift steve]

Don't get me wrong .. When i find the car in the spec i want it will be a keeper but as i am a truck mechanic on an average wage i can not take a massive depreciation hit.
The car i buy will be far in excess of a full years salary for me but you only live once.

 

[JurassicF]

Arne, what a superb post, in line with what a lot of us long termers think.