Jaguar residuals are “best in class” says EurotaxGlass’s guide
Wednesday, February 10th, 2010
Jaguar XJ
Independent experts EuroTax Glass’s, the car industry’s leading residual value “bible”, has forecasted that the new Jaguar XJ will have class-leading residual values in three years time.
Based on pricing in January here are their forecasts;
- Audi A8 TD. Cost new is £53,290. Estimated residual value in 36 months with 60,000 miles is £18,600 (35%)
- Mercedes-Benz S350CDi. Cost new is £56,263. Estimated residual value in 36 months with 60,000 miles is £21,400 (38%)
- BMW 730d. Cost new is £53,300. Estimated residual value in 36 months with 60,000 miles is £19,950 (37%)
- Jaguar XJ 3.0 d. Cost new is £53,775. Estimated residual value in 36 months with 60,000 miles is £20,600 (40%)
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”.
The residual value of a vehicle is the biggest factor affecting the contract hire rental you will be charged. While the forecast by Eurotax Glass’s Guide shows the Jaguar has the strongest residual value, this does not mean that the contract hire rental will be the best.
For example at present the BMW 730d SE Auto is being offered at £692.60+VAT per month on the site, on a three year non-maintained contract hire rental (3+35 rentals), at 20,000 miles per annum (60,000 in total) . The least expensive Jaguar XJ 3.0-litre diesel on the same terms is £920.63+VAT. This is the attraction of contract hire, as it shows you the total life cost of a vehicle covering all the cost factors.