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 ?
