Fleet News

New Jaguar throws down gauntlet to 3-series

THE Jaguar X-type has thrown down the gauntlet to the BMW 3- series by having the highest residual values of its sector for three years/60,000 miles, according to Glass's Information Services. The X-type will retain 50.5% of its value while rivals, including Audi's A4, BMW 3-series and the Lexus IS200, all hold about 48% of their value over the same period, the March issue of Glass's Guide reveals.

When looking at the 'money lost' on the Jaguar through depreciation, it comes second to the Lexus IS200, which loses £11,019, while the Jaguar loses £12,499. Rupert Pontin, specialist car editor at Glass's Information Services, said: 'With the X-type coming to the market, we may see a realignment of the contenders and the BMW 3-series may be knocked from its top spot. Jaguar has worked very hard to make sure this car meets the market demands.'

But he warned the success of the car was in the hands of the dealer network, adding: 'From now on dealers will need to come to grips with the business of addressing the wider market appeal of the family-sized premium brand sector.' However, Mark Norman, senior editor of CAP Black Book, said the X-type was more likely to compete with BMW directly rather than knock the manufacturer off the top spot altogether.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee