XKR - opinions on prices

[wsn03]

Hi, interested in opinions (hope I’ve posted this in the right section. I’m planning on buying an XKR 4.2, one of the first of the new shape, 2006. They seem to be holding asking prices of no less than 16k.

Two things – firstly I’m in no rush, secondly I’m struggling a bit with the idea of shelling out 16k on a 10yr old Jag that is going to be used as a very occasional toy, that will probably wind me up with unreliability.

Anyone have any views on prices? Am I just wishing that these could fall a lot further still?

[Classy6]

wsn03 said:

Hi, interested in opinions (hope I’ve posted this in the right section. I’m planning on buying an XKR 4.2, one of the first of the new shape, 2006. They seem to be holding asking prices of no less than 16k.

Two things – firstly I’m in no rush, secondly I’m struggling a bit with the idea of shelling out 16k on a 10yr old Jag that is going to be used as a very occasional toy, that will probably wind me up with unreliability.

Anyone have any views on prices? Am I just wishing that these could fall a lot further still?

Looking for one myself at the moment. With respect, you need to do much more research as at the moment as you don't sound to well informed, if you're shelling out money on a car, any car - the best way to avoid any snags is do as much research as possible.

I've seen them as low as 13k, albeit for an early, higher mileage leggy example. Reliability in general seems very good, asides usual wear and tear on brakes and tyres etc there are a few issues to take note of, but nothing wallet busting.

Personally, I don't think they've got much further to fall - with the exception of poor examples, with high mileage, CAT D's/C's.

Could be completely wrong but the old type XK seems to have bottomed out. Really low, leggy, high mileage cars are going for 6k, with average decent examples making up the difference starting from ~10k all the way to 19k+ for run out models! I think the XK 150 was a bit of a turning point for Jaguar, engines came to life, ally bodied and fantastic looking car inside and out, the only thing that still disappoints me was the already dating media systems. This I think, and the fact they've stopped making the cars now will allow the prices to hold somewhat, so if they do fall, can't imagine it'll be much further.

I also think the F type has helped, prices are coming down on these but I think Jaguar got confused with this car, as stunning as it is it's trying to be a sports car and GT at the same time. Few stories out there of guys going to upgrade their XK's to F type, only to end up sticking, or buying a newer XKR.

All in my opinion of course, you could look at it from a point that history mostly repeats itself so maybe the XK 150 has this in store. It comes to a time frame aswell, hold it for 50 years, watch it depreicate then begin to appreciate.. it may well be worth 100k one day - Who knows. As most will say - the more you spend you the more you've got to lose and buy it because you want it, then enjoy it.

Best of Luck!

[wsn03]

Classy6 said:

Looking for one myself at the moment. With respect, you need to do much more research as at the moment as you don't sound to well informed, if you're shelling out money on a car, any car - the best way to avoid any snags is do as much research as possible.

I've seen them as low as 13k, albeit for an early, higher mileage leggy example. Reliability in general seems very good, asides usual wear and tear on brakes and tyres etc there are a few issues to take note of, but nothing wallet busting.

Personally, I don't think they've got much further to fall - with the exception of poor examples, with high mileage, CAT D's/C's.

Could be completely wrong but the old type XK seems to have bottomed out. Really low, leggy, high mileage cars are going for 6k, with average decent examples making up the difference starting from ~10k all the way to 19k+ for run out models! I think the XK 150 was a bit of a turning point for Jaguar, engines came to life, ally bodied and fantastic looking car inside and out, the only thing that still disappoints me was the already dating media systems. This I think, and the fact they've stopped making the cars now will allow the prices to hold somewhat, so if they do fall, can't imagine it'll be much further.

I also think the F type has helped, prices are coming down on these but I think Jaguar got confused with this car, as stunning as it is it's trying to be a sports car and GT at the same time. Few stories out there of guys going to upgrade their XK's to F type, only to end up sticking, or buying a newer XKR.

All in my opinion of course, you could look at it from a point that history mostly repeats itself so maybe the XK 150 has this in store. It comes to a time frame aswell, hold it for 50 years, watch it depreicate then begin to appreciate.. it may well be worth 100k one day - Who knows. As most will say - the more you spend you the more you've got to lose and buy it because you want it, then enjoy it.

Best of Luck!

Hi, yes my post does make me sound not well informed, apologies, I was just trying to draw out an opinion, and I did, thanks for that.
I'm very well informed to a point, having spent 5 years at JLR on a project I managed to get a lot of info from the staff there.

I've also been looking at them for 4 years, though I was after the earlier shape, however having driven the later shape I'm completely smitten. What I'm struggling to work out is if they will drop to below 10k like their predecessors. It doesn't help that I remember when people were buying E-Types for 50 quid in the 70s!

All my research has always been for the XK, however the Jag people I know have always suggested the XKR a better long term option (as a toy / classic), I now agree because of the extras and for a few other reasons. So I am a bit green where the XKRs are concerned, been looking for the last 3 months. My plan is to buy one Feb / March in time for Le Mans, if not sooner, so I can get used to knowing the market before I take the plunge. I'm expecting to pay between 16 and 17k for one with about 70k on the clock.

Which one are you going for, and out of interest what colour? I'm choosing black, with black interior, 2006.

[Classy6]

wsn03 said:

Hi, yes my post does make me sound not well informed, apologies, I was just trying to draw out an opinion, and I did, thanks for that.
I'm very well informed to a point, having spent 5 years at JLR on a project I managed to get a lot of info from the staff there.

I've also been looking at them for 4 years, though I was after the earlier shape, however having driven the later shape I'm completely smitten. What I'm struggling to work out is if they will drop to below 10k like their predecessors. It doesn't help that I remember when people were buying E-Types for 50 quid in the 70s!

All my research has always been for the XK, however the Jag people I know have always suggested the XKR a better long term option (as a toy / classic), I now agree because of the extras and for a few other reasons. So I am a bit green where the XKRs are concerned, been looking for the last 3 months. My plan is to buy one Feb / March in time for Le Mans, if not sooner, so I can get used to knowing the market before I take the plunge. I'm expecting to pay between 16 and 17k for one with about 70k on the clock.

Which one are you going for, and out of interest what colour? I'm choosing black, with black interior, 2006.

An expert in disguise then! What else do you know?

16-17k will get you what you want, from the past few months I've been looking for prices seem to be holding around that mark for that age/mileage. Up and around 19k will get you a later, lower mileage XKR. There maybe a small premium on cars from later 2007/early 2008 as this year was when the ridiculous aerial was deleted and some minor interior changes came into affect aswell as standard.

I'm torn at the moment, looking to spend around 25k, which is more than I wanted to spend originally though that may still change as I've not actually driven one yet (on purpose!). 25k will get you into 5.0 face lift model XKR's which personally I think still have a bit to come down but will be the more desirable car in the long run. I'm also completely in love with the limited 2008 XKR-S which can also be had for similar money. I'm off to look at a red exterior / black 5.0 and a XKR-S this week, these were only made in black / black.

I do find it's difficult to judge overall, the prices have dropped like a stone considering these were 70k cars when new. This depreciation alone is the one thing that's made me hold off for so long.

[wsn03]

Classy6 said:

An expert in disguise then! What else do you know?

16-17k will get you what you want, from the past few months I've been looking for prices seem to be holding around that mark for that age/mileage. Up and around 19k will get you a later, lower mileage XKR. There maybe a small premium on cars from later 2007/early 2008 as this year was when the ridiculous aerial was deleted and some minor interior changes came into affect aswell as standard.

I'm torn at the moment, looking to spend around 25k, which is more than I wanted to spend originally though that may still change as I've not actually driven one yet (on purpose!). 25k will get you into 5.0 face lift model XKR's which personally I think still have a bit to come down but will be the more desirable car in the long run. I'm also completely in love with the limited 2008 XKR-S which can also be had for similar money. I'm off to look at a red exterior / black 5.0 and a XKR-S this week, these were only made in black / black.

I do find it's difficult to judge overall, the prices have dropped like a stone considering these were 70k cars when new. This depreciation alone is the one thing that's made me hold off for so long.

Expert in disguise - ha not really! One of the Senior Managers at JLR did buy me a book about buying XKs of this era, I need to get round to reading it.

So 2 things-
1. The early cars (the 4.2s) do have a known earthing issue, any good independent can fix it. The symptoms are electrics playing up, car cutting out I seem to recall.
2. All Jags, ignore the "sealed for life" gearbox thing...someone in the know suggested it suited Jag for a number of reasons, but ignore it, change the oil at about 70k.

Finally my opinion is the 5.0 has the best engine, the 4.2 the best styling - and I can't deal with the idea of a car without a stick, even if it is just an auto, that knob that comes with the 5.0 I'll never get used to!

I keep hoping falling 5.0 prices are going to push down 4.2 prices, but I think I'm going to be in for a long wait if I sit on that hope. I was lucky enough to see both of them in large numbers driving around the R&D site on a daily basis, and the eventual successor (the F-Type) long before it was in production.
I have read, I think on here, that the 5.0 is sufficient without a super charger, and a lot safer too - can't comment.

You've helped convince me, they've probably more or less reached their bottom give or take a couple of grand. Good luck with your hunting, please reply with news when you get one, I'll do the same (anytime from Nov onwards I expect).
Cheers

Edited by wsn03 on Sunday 11th September 21:24

[Classy6]

wsn03 said:

Expert in disguise - ha not really! One of the Senior Managers at JLR did buy me a book about buying XKs of this era, I need to get round to reading it.

So 2 things-
1. The early cars (the 4.2s) do have a known earthing issue, any good independent can fix it. The symptoms are electrics playing up, car cutting out I seem to recall.
2. All Jags, ignore the "sealed for life" gearbox thing...someone in the know suggested it suited Jag for a number of reasons, but ignore it, change the oil at about 70k.

Finally my opinion is the 5.0 has the best engine, the 4.2 the best styling - and I can't deal with the idea of a car without a stick, even if it is just an auto, that knob that comes with the 5.0 I'll never get used to!

I keep hoping falling 5.0 prices are going to push down 4.2 prices, but I think I'm going to be in for a long wait if I sit on that hope. I was lucky enough to see both of them in large numbers driving around the R&D site on a daily basis, and the eventual successor (the F-Type) long before it was in production.
I have read, I think on here, that the 5.0 is sufficient without a super charger, and a lot safer too - can't comment.

You've helped convince me, they've probably more or less reached their bottom give or take a couple of grand. Good luck with your hunting, please reply with news when you get one, I'll do the same (anytime from Nov onwards I expect).
Cheers

Edited by wsn03 on Sunday 11th September 21:24

What's the book called? Is it available for purchase?

Wasn't aware of the earthing fault so good to know. Biggest problem I've read about is the A/C evaporator drain pipe blocking and then flooding the interior with water.

I've found a few up north to look at now, one garage has a 4.2 and 5.0 in stock so should be great for quick comparison.

My worry with non R's is they really have dropped in price but think they still represent huge value for money.

I'd say it's definitely a buyers market, the car's are not very liquid at all. Some I've seen for sale for 3 months+!

[wsn03]

Classy6 said:

What's the book called? Is it available for purchase?

Wasn't aware of the earthing fault so good to know. Biggest problem I've read about is the A/C evaporator drain pipe blocking and then flooding the interior with water.

I've found a few up north to look at now, one garage has a 4.2 and 5.0 in stock so should be great for quick comparison.

My worry with non R's is they really have dropped in price but think they still represent huge value for money.

I'd say it's definitely a buyers market, the car's are not very liquid at all. Some I've seen for sale for 3 months+!

The book is called "The Essential Buyers Guide ..... Jaguar New XK 2005 to 20015" Nigel Thorley. I've skimmed it this evening, looks interesting! Amazon have it in stock.

I did find an article on the earth issue somewhere, but can't remember where - seems to be common on other Jags but a technician told me it also happens on the XK.

Be very interested to know about the 4.2 vs the 5.0 if the 4.2 is an XKR. I know one garage that had both outside its showroom, but I also know not to buy from them. If "North" means West Midlands pm me and I'll give you the heads up.

I only drove a non R, and I loved it, but by the time I get the right one with the extras you're in the same price league as an R - they are too good value to ignore, and will probably be the more collectable one day, even though I set out for a non R.

Edited by wsn03 on Monday 12th September 21:35