New Jaguar XF to offer best-in-class residual values

By Fleet News

17 August 2015

Industry valuation company KeeResources has predicted the Jaguar XF will retain 41% of its value after three years/60,000 miles - four percentage points higher than the Mercedes-Benz E-Class (37%) and six more than both the Audi A6 and BMW 5 Series (35%).

Insurance ratings for the XF are also lower than those of its rivals. Ratings will start from group 25E which is five groups lower than the equivalent 5 Series, seven better than the A6 and eight better than the E-Class.

Jaguar is also offering a choice of service plans for the XF. Customers opting for the 2.0-litre diesel Ingenium engine (in either 163hp or 180hp power output) can choose either a standard mileage or high mileage package.

The standard mileage plan costs £525 and covers the car for up to five years or 50,000 miles. It includes two services (following the standard two-year/21,000-mile servicing intervals), one brake fluid change, and unlimited AdBlue top-ups over the lifetime of the plan.

It also includes MOT Protect – an MOT test warranty that covers avehicle for up to £750 (inc VAT) for repairs.

The high mileage plan covers customers for five years or 75,000 miles and costs £675. It includes up to three services, as well as a brake fluid change, unlimited AdBlue top-ups over the duration of the plan and MOT Protect.

According to the Kwik Car Cost data, the XF also has the lowest total cost of ownership of any comparable premium executive saloon. Over three years/60,000 miles, the XF’s total cost of ownership is £3,073 lower than an A6, £4,033 better than a 5 Series and £5,191 better than an E-Class.

Jeremy Hicks, UK managing director for Jaguar Land Rover, said: “The XF has been an enormous success for Jaguar, so replacing it was always going to be a difficult task.

"The challenge in creating the all-new model was to ensure that it improved on the outgoing car in every way, not least in terms of cost of ownership.

"By ensuring that the new XF offers class-leading residual values, insurance costs, economy and emission levels, we’ve done exactly that.”