Originally Posted by .Detective.
Would it be wiser to lease a Jag? Or do these vehicles retain some value over time, with reliability? Obviously not super long term, but at least within a 3-5 year span before considering something new.
I like what I've read about the XE, but it's only been in production since April '15, iirc, so coming up on 2 years soon.
Where do you live? US or Europe?
I leased my XFs, but bought the XKR. Depreciation hits cars over $50K worse than others. The projected residuals on XEs has been pretty good thus far, but only time will tell. If you can get a solid $500 lease on a loaded XE 35t, with nothing but $1000-1500 out of pocket for tags and fees, then yeah, grab that.
If you buy, Jaguars have this weird tendency to stop depreciating after 5-7 years of life. For example, clean Jaguar X-Types are still somehow selling for over $10,000.
This one has no CarFax or anything, but it's still priced higher than expected:
Now of course you have the really old 2002-2005 cars from $4000-6000, but they have really questionable histories, and are in rough shape. In any case, Jags are just odd renaissance cars. Even the really mediocre ones, eventually people just want them. Finding a V12 XJS Coupe or Convertible in good nick is becoming difficult. All of a sudden, people want them. 5 years ago they were scrap selling for $3-5K in great shape! Now they're over $10K for a good example (and obviously questionable accident history, since CarFax didn't exist), and over $20K in great shape with history and service papers.
Anyway, test drive the car. See if you like it. Go for the lease first. If the residual/buy out matches what the car is worth on the market, and you never had an accident during the lease, keep the car. If the car was hit, it's not your problem, move on to the next one. :p