Do Jaguar SUV’s Hold Their Value Well?

How well a car holds its value depends on many things, including its current condition, the mileage it has logged, its maintenance history, and the level of market demand for such a vehicle at the time of sale. With supply chain disruptions presently choking-off new car production, the demand for pre-owned cars has grown exponentially, with top dollar now being paid to drivers willing to part with them. Needless-to-say, being in such high demand has boosted their value and lessened their normal rates of depreciation. At least for now.

That said, in a more balanced market, virtually every new car—regardless of make, model or year—loses about 10% of its value in less time than it takes to roll it out of the showroom and into your garage. By the end of its first year, around 20% of every vehicle’s original cost is lost to depreciation.

Jaguar SUV’s initially depreciate at a rate not unlike every other new car up and down the price spectrum. The F-Pace luxury SUV typically sheds 22% of its original value in its first year on the road, versus an average of 24% for all luxury SUV’s in its competitive class. (Source: CarEdge)

High-performance luxury vehicles depreciate faster as they get older. By the fifth year, the F-Pace sheds just over half its value (53.9%), which is more than the average automobile (40%), yet exactly in line with the average five-year depreciation rate for all luxury SUVs in its competitive class (54.12%). The class includes the BMWx3, Mercedes-Benz GLC, the Audi Q5, the Land Rover Range Rover and the Porsche Macan.

But here’s the thing. At the end of the day, people who buy a Jaguar are far less motivated by its depreciation rate than by the powerful emotions it stirs. They buy it for its classic looks, its legendary design, and its reputation for amazing performance. (The F-Pace SUV can clock zero to sixty in an astonishing 4.1 seconds!) More than anything else, however, Jaguar buyers relish the prestige of owning one.

If you relish the thought of owning a Jaguar, you may want to consider a slightly used one—usually two to four years old—as it tends to offer the best dollar-for-dollar value. The original owner has already taken the big depreciation hit of every car’s first year, while you end up paying substantially less for a like-new Jaguar that may still have as much as 85 to 90% of its useful life ahead.

A slightly used Jaguar may even have a portion of its new car warranty still intact; or indeed come with a new pre-owned warranty if you purchase through an authorized dealer. Certified pre-owned Jaguars go through a rigorous 165 multi-point inspection by Jaguar trained technicians and come with a one-year unlimited miles limited warranty.