Tax free XFR-S
Discussion
I'm about to be posted to Germany for a couple of years which means I can get a new car tax free.
Currently Jag are offering some great deals which mean by the time tax and military discount have been taken into account the XFR-S saloon is approx £37k.
My question is am I likely to get my money back after a year or is the depreciation on these that bad?
Currently Jag are offering some great deals which mean by the time tax and military discount have been taken into account the XFR-S saloon is approx £37k.
My question is am I likely to get my money back after a year or is the depreciation on these that bad?
The cheapest of these on the second hand market that I've seen had circa 5k miles, was 1 year old and up for £57k I think.
This would be a good car to hang on to for a few years. I think it's too early to tell how they will depreciate but if the X100 XKRs are anything to go by, the R-S models retain that extra bit of desireability which is reflected in the fully-depreciated values.
The XFR-S does not drive like an XFR with a big spoiler on it. The XFR is a great car. The R-S is not something many people will want rid of after a year or so...
My request would be to refrain from flooding the market with ex-military cars way below market value. That will damage residuals for normal civvie buyers! I'm confident you could sell for much more than your purchase price, but I really can't see you wanting to sell!
This would be a good car to hang on to for a few years. I think it's too early to tell how they will depreciate but if the X100 XKRs are anything to go by, the R-S models retain that extra bit of desireability which is reflected in the fully-depreciated values.
The XFR-S does not drive like an XFR with a big spoiler on it. The XFR is a great car. The R-S is not something many people will want rid of after a year or so...
My request would be to refrain from flooding the market with ex-military cars way below market value. That will damage residuals for normal civvie buyers! I'm confident you could sell for much more than your purchase price, but I really can't see you wanting to sell!
Edited by jamieduff1981 on Tuesday 17th June 06:33
If any normal person was bored with such a car and wanted a change after a year that would be unusual.
Nobody pays list price, but there is no manufacturer assistance for RS models either so it's dealer margin discount only for civvie buyers. There's a discount, but it's not like BMW 6GCs where they just admit they're £22k overpriced.
£37k for one of these is an amazing deal. As above though, I would hate to see these cars sold cheaply after a short period though as it would utterly destroy residual values for everyone else. If you really do get bored then sell, but sell high
Nobody pays list price, but there is no manufacturer assistance for RS models either so it's dealer margin discount only for civvie buyers. There's a discount, but it's not like BMW 6GCs where they just admit they're £22k overpriced.
£37k for one of these is an amazing deal. As above though, I would hate to see these cars sold cheaply after a short period though as it would utterly destroy residual values for everyone else. If you really do get bored then sell, but sell high
jamieduff1981 said:
If any normal person was bored with such a car and wanted a change after a year that would be unusual.
Nobody pays list price, but there is no manufacturer assistance for RS models either so it's dealer margin discount only for civvie buyers. There's a discount, but it's not like BMW 6GCs where they just admit they're £22k overpriced.
£37k for one of these is an amazing deal. As above though, I would hate to see these cars sold cheaply after a short period though as it would utterly destroy residual values for everyone else. If you really do get bored then sell, but sell high
Even if he doesn't get bored he could sell it and buy another Nobody pays list price, but there is no manufacturer assistance for RS models either so it's dealer margin discount only for civvie buyers. There's a discount, but it's not like BMW 6GCs where they just admit they're £22k overpriced.
£37k for one of these is an amazing deal. As above though, I would hate to see these cars sold cheaply after a short period though as it would utterly destroy residual values for everyone else. If you really do get bored then sell, but sell high
jamieduff1981 said:
My request would be to refrain from flooding the market with ex-military cars way below market value. That will damage residuals for normal civvie buyers! I'm confident you could sell for much more than your purchase price, but I really can't see you wanting to sell!
I wouldn't worry too much, how long do you think the Forces have been in Germany. Now the decision has been made to return home I certainly wouldn't worry about future residules being affected.Edited by jamieduff1981 on Tuesday 17th June 06:33
To the OP, think clearly before you publicise your intentions on a public forum as it could bite you on the bum... Also, if it was as good a deal as it's made out to be, why are half the British Army in Germany not doing it. Lastly why are Jaguar offering massive discounts on the XKRS and XFRS and still struggling to sell them...
Just saying;)
tony wright said:
jamieduff1981 said:
My request would be to refrain from flooding the market with ex-military cars way below market value. That will damage residuals for normal civvie buyers! I'm confident you could sell for much more than your purchase price, but I really can't see you wanting to sell!
I wouldn't worry too much, how long do you think the Forces have been in Germany. Now the decision has been made to return home I certainly wouldn't worry about future residules being affected.Edited by jamieduff1981 on Tuesday 17th June 06:33
To the OP, think clearly before you publicise your intentions on a public forum as it could bite you on the bum... Also, if it was as good a deal as it's made out to be, why are half the British Army in Germany not doing it. Lastly why are Jaguar offering massive discounts on the XKRS and XFRS and still struggling to sell them...
Just saying;)
My sister for one got a new focus ST3 in 08 for £1k then couldn't be bothered to sell so kept it for 3 years.
There's nothing illegal or dodgy about it. The only rules are you have to own it for a year. Otherwise they make you pay the VAT.
tony wright said:
I think you will find you are not supposed to buy with the intention of selling for a profit, so mentioning it on a public forum is not wise. The OP is also bound by certain rules/orders he will have to adhere to, irrelevant of the civilian legal standings.
Once again, just saying.
Well he's not. He's buying with the intention of running an xfr-s round Europe for a year. He just doesn't want to buy a car that's going to be worth fOnce again, just saying.
k all at the same time. I think those fears are unfounded, since a decent bog-standard XFR will still cost you £28k+ for one that isn't dog-eared. You'll of course find some fit for scrap for nearer £20k, but you only go for that end of the market if you like scuffed leather, kerbed alloys and a lot of paint chips and scratches.
An RS is highly unlikely to be worth less than £37k after 1 year unless you've been cleaning it with the soles of your boots.
An RS is highly unlikely to be worth less than £37k after 1 year unless you've been cleaning it with the soles of your boots.
tony wright said:
jamieduff1981 said:
My request would be to refrain from flooding the market with ex-military cars way below market value. That will damage residuals for normal civvie buyers! I'm confident you could sell for much more than your purchase price, but I really can't see you wanting to sell!
I wouldn't worry too much, how long do you think the Forces have been in Germany. Now the decision has been made to return home I certainly wouldn't worry about future residules being affected.Edited by jamieduff1981 on Tuesday 17th June 06:33
To the OP, think clearly before you publicise your intentions on a public forum as it could bite you on the bum... Also, if it was as good a deal as it's made out to be, why are half the British Army in Germany not doing it. Lastly why are Jaguar offering massive discounts on the XKRS and XFRS and still struggling to sell them...
Just saying;)
I assume the discounts are because it's an old model and for the retail price there are better cars our there. F typesfor example only attract a 10% discount.
To answer Tonys post.
Just the XFR-S is being heavily discounted at present. I spoke with the Jaguar rep last week and she said that there was a glutt of XFR-S's sat in the Diplomatic/MOD discount roster and as such, Jaguar just wants rid of them. From what she told me, the discount is almost 47% and then with the VAT off as well, its an absolute bargain!
There is nothing dodgy about what the OP is doing, all TAX free purchases are time bar'd 12 months before they can be re-sold all perfectly legal and above board. If it was forwned upon, the likes of BMW and Audi wouldnt offer 1 year guranteed cash back deals in 9ft x 6ft posters all over the NAFFI windows. Or if you want to go crazy, you can sell after 6 months but risk getting a ban on buying tax free cars again. As we're leaving Germany in the next 6 years, I would probably hedge my bets...But clearly I never said that!
Just the XFR-S is being heavily discounted at present. I spoke with the Jaguar rep last week and she said that there was a glutt of XFR-S's sat in the Diplomatic/MOD discount roster and as such, Jaguar just wants rid of them. From what she told me, the discount is almost 47% and then with the VAT off as well, its an absolute bargain!
There is nothing dodgy about what the OP is doing, all TAX free purchases are time bar'd 12 months before they can be re-sold all perfectly legal and above board. If it was forwned upon, the likes of BMW and Audi wouldnt offer 1 year guranteed cash back deals in 9ft x 6ft posters all over the NAFFI windows. Or if you want to go crazy, you can sell after 6 months but risk getting a ban on buying tax free cars again. As we're leaving Germany in the next 6 years, I would probably hedge my bets...But clearly I never said that!
Something doesn't add up here. I ordered a new one but the 15MY changes came in and I didn't want Ultra Blue so the dealer searched high and low for a built but unsold French Racing Blue car for me and drew a blank so I've ended up agreeing to buy the demonstrator.
To the best of my knowledge, only around 112 saloons have been sold so far.
That seems inconsistent with piles of cars Jaguar wants rid of. There is no manufacturer assistance offered to discount these for civvie buyers and other than demonstrators they seem to be built to order.
Not sure what gives, but either way if I could have had mine for £37k I'd genuinely have bought 2 so Mrs D and I could have had one each. It's an amazing deal.
Although the XF has been about a while, the RS is an absolutely outstanding drive and I do have experience of a lot of high end cars. Some German stuff may ultimately be faster or whatever but the XFR-S both inspires confidence, is very capable yet remains genuinely fun to chuck about.
Buy one.
To the best of my knowledge, only around 112 saloons have been sold so far.
That seems inconsistent with piles of cars Jaguar wants rid of. There is no manufacturer assistance offered to discount these for civvie buyers and other than demonstrators they seem to be built to order.
Not sure what gives, but either way if I could have had mine for £37k I'd genuinely have bought 2 so Mrs D and I could have had one each. It's an amazing deal.
Although the XF has been about a while, the RS is an absolutely outstanding drive and I do have experience of a lot of high end cars. Some German stuff may ultimately be faster or whatever but the XFR-S both inspires confidence, is very capable yet remains genuinely fun to chuck about.
Buy one.
inman999 said:
Why would it bite me? Prices are on the jaguar forces website and perfectly entitled to sell after a year.
I assume the discounts are because it's an old model and for the retail price there are better cars our there. F typesfor example only attract a 10% discount.
Wait till you get out here and watch how many times they change the rules. They certainly don't like people advertising the Military system and discounts, so try their hardest to stop it (SOFA agreement I think), otherwise you would see posts from Squaddies every week asking the same questions. I assume the discounts are because it's an old model and for the retail price there are better cars our there. F typesfor example only attract a 10% discount.
Reference the above F type, I managed 13% discount plus tax free and still losing money, that's what I was getting at. I was also offered the XKRS (mad discount) as well as the XFRS with the same discount as yourself but managed to refrain as unsure of the uncertainty. Remember you will have to get a dealer to purchase it back from you after a year as selling privately back in UK is very, very difficult.
Not trying to put the dampers on it for you just trying to help. Send me a mail if you would like more in depth information.
You need to send these guys an email quick.
There's been a serious leak at the Jag HQ!
http://www.jaguar-militarysales.com/content/home.p...
There's been a serious leak at the Jag HQ!
http://www.jaguar-militarysales.com/content/home.p...
What I want to know is where all these surplus old cars are that Jaguar are heavily discounting to get rid of because I get mine in a fortnight and:
A) I can't get blue one from stock and if there genuinely are cars they have built and want to shift then given how few colours there are it's not feasible that none are blue and
B) Someone is lying to me about Jaguar's motivation to sell these because everything I can gather from multiple sources is that they're only built to order and if you want one the dealer pays Jaguar full price for it as well as having to join the 10 week build queue.
I'd really like to know who's saying there is a glut to dispose of and whether they're reliable or some Billy Bullsh##er talking out their rear end to try to avoid simply admitting they don't know why such large discounts are offered to the military.
I have no objection to military discounts. Tough job and even the best pay is crap given the sacrifices you have to make so I am pleased you guys get some perks but if there really are new cars sat in a compound somewhere then I want to know so I can choose one of those.
A) I can't get blue one from stock and if there genuinely are cars they have built and want to shift then given how few colours there are it's not feasible that none are blue and
B) Someone is lying to me about Jaguar's motivation to sell these because everything I can gather from multiple sources is that they're only built to order and if you want one the dealer pays Jaguar full price for it as well as having to join the 10 week build queue.
I'd really like to know who's saying there is a glut to dispose of and whether they're reliable or some Billy Bullsh##er talking out their rear end to try to avoid simply admitting they don't know why such large discounts are offered to the military.
I have no objection to military discounts. Tough job and even the best pay is crap given the sacrifices you have to make so I am pleased you guys get some perks but if there really are new cars sat in a compound somewhere then I want to know so I can choose one of those.
Edited by jamieduff1981 on Thursday 19th June 20:47
Zoobeef said:
Why is selling privately back in the UK very difficult?
Not sure if your being serious or just trying to get a rise, but I'll try to address some of the issues.Firstly, where will you sell the car? Public car park, buyers house, use a relatives home. If your lucky enough to have family who are prepared to do it for you, you should consider what they will have to endure if anything go's wrong.
Secondly, if none of the above worked you would have to get a private buyer to agree to buy the car unseen and drive it back to the UK. Problems arise if the buyer changes their mind, or trys it on with a stupid offer aware you have drivien all the way back to the UK (a certain dealer was renound for this) including ferries tunnel etc
Thirdly what about the gap between selling the cars. Chances are next car will have already been ordered and ready to be collected so will require payment (unless you have another 37k sat in the bank) Yours is still in the UK waiting for a private buyer who will be willing to stump up 37k cash as chances are you have to get back to Germany the same day.
Fourth and final problem will be the purchase by the buyer as obviously there will be no options for hire purchase etc.
My sisters car sold very quickly. She brought it to the UK and left it at my parents. She did all the advertising and selling, my parents just had to be there to show them round it.
If the OP is sensible he will have a second car for his trips back to the uk and for normal driving/tip runs. So has a car to use during the selling period.
I bought my Noble private, bank transfered the money over, job jobbed. Yes you are limiting by not being able to provide finance but that's another reason why private cars are priced lower than dealer ones.
If the OP is sensible he will have a second car for his trips back to the uk and for normal driving/tip runs. So has a car to use during the selling period.
I bought my Noble private, bank transfered the money over, job jobbed. Yes you are limiting by not being able to provide finance but that's another reason why private cars are priced lower than dealer ones.
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