Jaguar Gets Class Leading Residuals

Jaguar just got some good news, as the Indian owned automaker will get class leading residual values for its future XJ model. According to EurotaxGlass experts, the new XJ which will be launched in March 2010 will be more valuable than the equivalent Audi, BMW and Mercedes-Benz after both 12 months and three years of ownership.

Jason King, Head of Market Intelligence for EurotaxGlass's, said: "The exterior design of the new XJ is certainly stunning, bringing a bold, fresh approach to the luxury car segment. This bold design is sure to appeal to a wider and much younger audience, building on the fine work of the XF in helping the Jaguar brand redefine itself and appeal to a younger buyer."

"We're not surprised to see the Jaguar going head-to-head with the Mercedes S-class, traditionally the industry-leader for these retained values.”

“The XJ offers interiors, levels of equipment and overall quality more familiar to buyers of models offered by the other great British luxury car brands, like Bentley and Aston Martin, so we are expecting that the appeal of the new XJ will be very strong. This will translate into strong demand from the used car buyer of the future, and our analysis suggests that this strong residual value position will remain for some time."

EurotaxGlass seems to think that the 3.0-litre diesel XJ will remain more valuable than the equivalent Mercedes-Benz S-Klasse after 12 months or 20,000 miles. The XJ should be worth 40 per cent of its value after three years and 60,000 miles.

Geoff Cousins, Managing Director, Jaguar UK said: “The Jaguar XJ is a perfect car of choice for every chairman and chief executive in British boardrooms. It is the ultimate package for a sporting luxury saloon. When you add class-leading residual values to the list of the XJ’s attributes I believe that it is the car for Britain’s business leaders.”
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