Jump to content


Valuation surprise !!


430dxd
 Share

Recommended Posts

Thank you for letting me join your forum, ...   I've lurked in the background and learned an awful lot about my car and Jaguars in general for a quite a while now without wanting/needing to post;   ..  but now I am thinking of changing my car I was shocked by the second massive drop in value, ..     

  I was very lucky to buy my "fully loaded"  Oct 2015 XJ Portfolio JLR ex-management company car through the dealership in Derby when it was just 18 months old with approx 9500 miles on it, ... I was very pleased to get a car for £37k, which when I ran it through the online configurator came in at over £86k, .... I obviously benefited enormously from that first year falling off a cliff price drop, though I don't really understand why it was just such a drop, ...  I wasn't going to look a gift horse in the mouth, ...   

My surprise now, though is how much it has continued to fall/depreciate ...  it is now a little over 5 years old with 57k miles and I have been offered £16k as trade in !!   that's a £70k drop in 5 years ! 

Is this a surprise to anyone else ?

Link to comment
Share on other sites

No the figures are about what I would have expected, the new buyer always takes the biggest hit. I could not afford to buy a new Jag and change it every two years like some people do but even if I could I really can't see the logic in it.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

×
×
  • Create New...



Forums


News


Membership