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You are here: Home / Car News / Jaguar News / Jaguar XE / Jaguar XE residual values beat BMW, Mercedes & Audi

Jaguar XE residual values beat BMW, Mercedes & Audi

December 9, 2014 By Cars UK

Residual values for the new Jaguar XE – a key factor in affordable ownership – will be ‘strongest in class’ according to industry experts ahead of the XE’s arrival.

Photo Jaguar XE Residuals

Jaguar XE residual values beat BMW, Mercedes & Audi

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With most business buyers and a big chunk of private buyers opting for some form of lease for new cars, residual values – how much a car is worth after a few years – are key to affordability and competitiveness. So the news that residual values for the new Jaguar XE will be the strongest in class augers well for its success.

Three of the major residual valuation companies – CAP, Kee Resources and CDL – say the new XE will have stronger residuals than the BMW 3 Series, with CAP predicting that the XE will hold on to 45 per cent of its value over three years and 30,000 miles, with Kee Resources predicting a saving of £2,215 over its nearest rival after three years.

Add to the high residual values factors like lower road tax and BIK rates – particularly for the 99g/km 2.0 litre XE with the 163PS Ingenium engine – sensible service and repair costs and low insurance group listing and you have the rrecipefor a Jag that should stand out for company car buyers. Which is crucial for the XE’s success.

JLR MD, Jeremy Hicks, Said:

People expect Jaguars to feel luxurious, look superb and drive brilliantly, but many wouldn’t necessarily expect a Jaguar to be affordable – but we’ve worked hard to ensure the XE is just that. An enormous amount of effort has gone into developing everything from the new efficient Ingenium engines to the superb value-for-money service plans.

The fact that valuation companies rank XE as having some of the strongest residual values in class is the icing on the cake. This is a car that appeals to the head just as much as the heart.

It’s a compelling set of cost savings, and should help the Jaguar XE carve a proper niche in the hugely competitive compact premium market. Which is must if Jaguar is to be anything other than an interesting niche player.

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Filed Under: Jaguar XE

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