Jaguar XF Valuation

SuperO'B

Just looking at jag XF's on autotrader and trying to justify actually buying one. The 2012 3.0d V6 Portfolio spec looks really nice and I'd love to get one. My only issue is the valuation on the VRT website. It's in as €60k... I know they are expensive cars but this seems like a crazy evaluation for the car 2 years old. Am I incorrect with this or is the evaluation way off?

bop1977

Well it has a starting price of €75000 new so €60 k after two years is understandable.

http://www.jaguar.com/content/market/ie/en/1233504/Jaguar_Ireland__12_MY_XF_Price_List_July_11.pdf

lomb

Its probably worth around 45k.
75new= 60 after 1 year at 20% reducing depreciation= 48 after 2 years Allow another 3 off due to initial cash discount and Id say its worth 45. Have you looked at importing from UK, should be easy to work out cost with that.
It might even be worth much less due to not being a base model , whod pay 45 for a 2 year old 3l when youd get a new 2.2 for the same or less with cash discount. Most don't care about power and spec and just want a new car and badge.

Oafley Jones

Where do they pull those valuations from. Honestly a few things I've priced have been insane. You'd be waiting to get 45k for that here.

EazyD

Oafley Jones wrote: »

Where do they pull those valuations from. Honestly a few things I've priced have been insane. You'd be waiting to get 45k for that here.

From my own experience, their OMSP valuations are quite off

SuperO'B

lomb wrote: »

Its probably worth around 45k.
75new= 60 after 1 year at 20% reducing depreciation= 48 after 2 years Allow another 3 off due to initial cash discount and Id say its worth 45. Have you looked at importing from UK, should be easy to work out cost with that.
It might even be worth much less due to not being a base model , whod pay 45 for a 2 year old 3l when youd get a new 2.2 for the same or less with cash discount. Most don't care about power and spec and just want a new car and badge.

It'd work out at about 45k here imported and vrt paid. That's with huge vrt based on the valuation of 60k. Is there anything you can do before buying the car and paying the vrt and then appealing? Its a bit of a catch 22 because the high valuation would push me over the budget to actually buy the car in the first place. I'd also pay for the 3litre and spec over a new car for the same price.

PLUG71

Do you know anybody with a UK address?

Register it there for six months and as far as I remember you can bring it in free!?

Awaits and welcomes correction

bazz26

If only it was that easy.

SuperO'B

PLUG71 wrote: »

Do you know anybody with a UK address?

Register it there for six months and as far as I remember you can bring it in free!?

Awaits and welcomes correction

I'm all for beating the system but I'm afraid it's not that easy_. I think you've to prove you lived there format least 12 months and owned the car for 6 of those months. Nice try though! :-)

SuperO'B

There's a 2011 3.0 V6 Portfolio S on carzone for approx €35k. If you plug that into the vrt website they give a valuation of €73500. That's absolutely insane. Can anything be done prior to buying the car?

PLUG71

Sorry for the bad idea .

I just hate the thought off people paying for VRT when its such a scam in the first place.

Maybe o/p is best to find a car already in the country.

Drummerboy08

SuperO'B wrote: »

There's a 2011 3.0 V6 Portfolio S on carzone for approx €35k. If you plug that into the vrt website they give a valuation of €73500. That's absolutely insane. Can anything be done prior to buying the car?

Nope, you've to pay the VRT based on that valuation and then appeal it.

bazz26

Just to note that the facelifted XF that went on sale in late 2011 got reworked engines with lower emissions so a 2011 old shape would have higher VRT also due to higher emissions. Still mental OMSP though, might be better off finding one here though most XFs sold here since late 2011 were the lesser speced 4 cylinder 2.2 versions.

mickdw

SuperO'B wrote: »

There's a 2011 3.0 V6 Portfolio S on carzone for approx €35k. If you plug that into the vrt website they give a valuation of €73500. That's absolutely insane. Can anything be done prior to buying the car?

No it doesn't. I'm getting just over 30k as the valuation with 10k vrt.

Truckermal

mickdw wrote: »

No it doesn't. I'm getting just over 30k as the valuation with 10k vrt.

I bet they are looking at the new price as opposed to the current OMSP.


Yes just checked it 32K for the 3.0 Luxury with 40k miles with just under 10k euro VRT..

mickdw

Truckermal wrote: »

I bet they are looking at the new price as opposed to the current OMSP.

Don't know but if that was the case, there would be money to be made buying them here and exporting them and getting a large chunk of vrt rebate.

Truckermal

mickdw wrote: »

Don't know but if that was the case, there would be money to be made buying them here and exporting them and getting a large chunk of vrt rebate.

I edited my post there Mick ah but you see the OMSP will be much lower when they have to pay you..;)

mickdw

Truckermal wrote: »

I edited my post there Mick ah but you see the OMSP will be much lower when they have to pay you..;)

Nope. I've checked 100s. Identical always except for the 500 quid charge.
Only time it changes is with very cheap stuff when an automatic 2k valuation is used for imports.
I'm not saying they don't alter the values depending on numbers of cars moving in each direction but they do keep the omsp the same for both.

SuperO'B

mickdw wrote: »

No it doesn't. I'm getting just over 30k as the valuation with 10k vrt.

Whoops.. my bad there. I do a lot of VRT checking so shouldn't have made that mistake. Thanks for the pointer!