2010 Jaguar XJ - class-leading residual values
EurotaxGlass’s – publishers of Glass’s Guide – have revealed the residual values set for the new Jaguar XJ are better than those of the equivalent Mercedes or Audi.
The new Jaguar XJ is getting very close to hitting customers’ driveways and the road. The first customer cars – and press cars, for that matter – are much later than we’d originally expected, but cars are now shipping to dealers worldwide. Why the delay? Jaguar won’t be drawn on the subject, but we’ve heard they’ve had an issue or two with some of the gizmos on the XJ and wouldn’t let cars be built and shipped until they were resolved. After all the hard work and clever marketing last year the last thing Jaguar wants are any problems when the new XJ gets in to the hands of customers.
That attention to detail – although frustrating for customers anxious to get their hands on their new XJ – does auger well for the future reliability of the new XJ. A sentiment which seems to be echoed by EurotaxGlass’s (publishers of Glass’s Guide) whose research has lead to them setting class-leading residuals for the new XJ.
Hard to believe, but Glass’s reckon that the new XJ will be worth more after 12 months and after three years than equivalent models from Audi and Mercedes. Glass’s say that the XJ 3.0 litre diesel will retain more of its value after 12 months (20k miles) than the equivalent S Class and still hold on to 40% of its value after three years (60k miles).
This is great new for Jaguar as it will make the new XJ more affordable on lease or contact hire – a big selling point. And it mimics what Jaguar have achieved with the XF, which has similarly strong residuals. The man from Glass’s – Richard Crosthwaite – said on this subject:
“It’s not just the new XJ that has impressed us. The XF has been an amazing success for Jaguar and has been rewarded with cast iron residuals, outperforming the sector. Its used car values are incredibly impressive with a one year value on a diesel XF standing at 80 per cent – the next best comparable in the sector at 72 per cent and the worst is 55 per cent. Let’s hope the next decade sees more of the same for Jaguar – great designs, controlled volume and a truly prestigious and exclusive brand going from strength to strength.”
Even if the XJ lives up to half its hype in the real world it promises to be a big success for Jaguar. If it exceeds the hype – and with what we know and have seen of the new XJ that wouldn’t surprise us – the Mercedes S Class could soon lose its crown as the most desirable car in its sector.
But we’ll tell you more when we get a new XJ to play with. Shouldn’t be long. Apparently.
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