Owners of the new Jaguar XJ are set to benefit from class-leading residual values, according to industry experts.
Glass’s Guide, published by EurotaxGlass and considered as the ‘bible’ in the industry for residual values, predicts the new XJ will hold its value better than Audi, BMW and Mercedes-Benz over the next three years.
Iindependent experts from the publication predict that a new Jaguar XJ, launched in March 2010, will be worth more than the equivalent Audi, BMW and Mercedes-Benz after both 12 months and three years of ownership.
A strong residual value helps to enhance the customer’s investment as well as making car finance packages which defer the car’s future value until the end of the agreement, more affordable at the time of purchase. The Jaguar is already competitively priced (starting from £53,775), against the best in the segment and having such a strong residual value position means that the XJ will offer an even more attractive cost of ownership.
The research carried out by EurotaxGlass's suggests that the new 3.0-litre diesel XJ will retain more than the equivalent Mercedes-Benz S-class after 12 months or 20,000 miles and an astonishing 40 per cent of its value after three years and 60,000 miles of motoring, which is better than the Mercedes-Benz by two percentage points.
EurotaxGlass's residual value estimates (based on pricing in January 2010):
Audi A8 TD. Cost new: £53,290. Estimated value in 12 months (with 20,000 miles) = £31,650 (59 per cent of purchase price). Estimated value in 36 months with 60,000 miles = £18,600 (35 per cent).
Mercedes-Benz S350CDi. Cost new: £56,263. Estimated value in 12 months (with 20,000 miles) = £36,450 (64.7 per cent of purchase price). Estimated value in 36 months with 60,000 miles = £21,400 (38 per cent).
BMW 730d. Cost new: £53,300. Estimated value in 12 months (with 20,000 miles) = £34,000 (63.7 per cent of purchase price). Estimated value in 36 months with 60,000 miles = £19,950 (37per cent).
XJ 3.0 d. Cost new: £53,775. Estimated value in 12 months (with 20,000 miles) = £35,000 (65 per cent of purchase price). Estimated value in 36 months with 60,000 miles = £20,600 (40 per cent).
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