Jaguar XE to offer cost of ownership to fleet buyers
By Kyle Lindsay
Tuesday, December 9, 2014 - 13:00
“This is a car that appeals to the head just as much as the heart.”
Industry valuation companies CAP, Kee Resources and CDL agree that the Jaguar XE will offer strong residual values
The Jaguar XEis due to arrive in showrooms next year and it will not only be offering class-leading driving dynamics and drop-dead good looks, it is also promising to offer the lowest cost of ownership of any of its premium rivals.
Industry valuation companies CAP, Kee Resources and CDL agree that the Jaguar XE will offer stronger residual values than equivalent BMW 3 Series models. In fact, the latest figures show that the majority of leading valuation companies predicts the XE will have stronger residual values than all of its premium rivals.
Over three years or 30,000 miles, CAP predicts that the XE will retain 45% of its value, placing it ahead of rival models from BMW and Audi. Against the same competitor set, Kee Resources and CDL rate XE as best in class ahead of Audi, BMW and Mercedes.
That, along with affordable servicing, maintenance and repair costs, a low insurance group rating and, of course, class-leading residual values means that the XE will save customers thousands of pounds in ownership costs compared to the established competition. According to Kee Resources total cost of ownership saving over 3 years 36,000 miles vs. nearest rival is £2,215 before further benefit in kind savings.
Jaguar Land Rover UK Managing Director Jeremy Hicks said: “People expect Jaguars to feel luxurious, look superb and drive brilliantly, but many wouldn’t necessarily expect a Jaguar to be affordable – but we’ve worked hard to ensure the XE is just that. The fact that valuation companies rank XE as having some of the strongest residual values in class is the icing on the cake. This is a car that appeals to the head just as much as the heart.”