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Originally Posted by IshaanIan I think Jaguar is forgetting its roots. They want to sell only upmarket EVs? That sounds like they have forgotten the value for money yet soulful cars they were known to make until the 90s. They should not have skipped a generation and then complained about sales numbers. I feel they ought to have discontinued the XF, released another XJ since it was long overdue, but positioned it just above the XF since value for money is literally what their brand used to be all about. The XE also deserved to be released with a fresh design and not last gen’s design. Nobody wants to pay more and more for 4cylinder motors and unreliability what makes them think people will pay further more for an unreliable EV from them? People used to buy Jaguars because they looked good, performed good and did not compete with the German trio in terms of pricing. |
I am not sure why you think Jaguars forgot its roots? It has always been in pretty much an upmarket brand. The first exception being the X series, which was Ford Mondeo country, from which it borrowed quite a few parts. (But not as much as many people believe).
Jaguar, in my opinion, never aimed for the mass/middle segment. You can argue model by model with which German Brand/model it competed against, but it was never the smallest in the line up.
When it comes to pricing, varies quite a bit country to country. My 2003 XJR cost USD 75000 new in the USA, but close to Euro 145000 in the Netherlands, which puts it way above say a BMW series 5.
The X in its various variants was a disaster, because it was positioned as a Jaguar for the middle segment, but it did not look like a Jaguar at all. And your typical Jaguar potential owner doesn’t want to be associated with cars out of that segment. It suffered terribly from the Ford Mondeo stigma. Really when you showed up in a Jaguar X, people would immediately call you out for not being able to afford a real Jaguar.
Jaguar owners can be a bit of snobs! Comes from wearing too much tweed! The worst thing they want to be seen as, is having poor taste in cars and not sufficient funds to buy a proper one.
Jaguars for decades were also known for being unreliable. Whereas that was probably a bit undeserved. It meant they were amongst the fastest depreciation cars ever! My XJR depreciated from new at USD 75.000 in 2003 to USD 10000 in 2009 on EBay where I bought it unseen. And mine was in absolute mint condition, with a full Jaguar dealer service history and decent mileage on the clock. Average selling price in 2009 on EBay for a 2002/3 XJR was around USD 5-6000! That is more than 90% depreciation in 6 years!
Jaguars have always appealed to a rather small part of the public out there. And only a small part of the public could afford them. Here in Europe they never did very well as company cars either. The lease companies were very wary of them. High maintenance and astronomical depreciation are not what lease companies are looking for.
I have no idea if Jaguar is going to be successful with their new line up. Contrary to many of our members I have close to zero insights in car segments and markets of the future. But I do believe these days it is either all or nothing. Either you go for something very exclusive, high prices, high margin, exclusive and relatively low volume. Or you go for some boring, look like the next car, affordable for Joe average, high sales volumes and decent margins.
I don’t think there is much room for middle ground or for mixing the two under one roof. We will see. I will most likely in 10-12 years buy some of these new Jaguar EVs on EBay. If it’s true to its brand values from the past it will cost next to nothing due to gigantic depreciation! I look forward to that. Check it out on page 8923 of my “fiddling with cars” thread at that time!
Jeroen