Latest news with #F-Pace
Yahoo
3 days ago
- Automotive
- Yahoo
3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025
Luxury vehicle buyers are about to witness some incredible deals as high-end SUVs face unprecedented depreciation challenges this summer. Check Out: Try This: According to Lauren Fix, automotive expert at Car Coach Reports, many luxury SUVs will experience massive price drops due to delivery inventory issues, declining demand and elevated insurance rates. Summer 2025 represents an ideal window for purchasing these sophisticated vehicles as dealers become increasingly motivated to clear inventory. The depreciation trends affecting luxury automotive brands stem from shifting consumer preferences, economic pressures and evolving market dynamics. Smart buyers who understand these patterns can capitalize on exceptional opportunities to own premium SUVs at a fraction of original prices. The Alfa Romeo Stelvio faces severe depreciation challenges as this Italian sports SUV struggles to maintain competitive positioning against rivals. According to CarEdge, the Stelvio depreciates approximately 67% after five years, resulting in a resale value of just $18,957. Recent auction results demonstrate the dramatic value decline, with a 2024 Stelvio Veloce selling for $32,500 after originally costing $53,120, per Carscope report. Fix explained that Stellantis ownership has contributed to declining sales alongside concerns about average interior quality and reliability issues. The Stelvio was designed for curvy roads but faces steep competition from established luxury brands offering superior value retention. Consumer awareness regarding high starting prices and questionable long-term reliability continues to impact demand significantly throughout American markets. Be Aware: Jaguar's F-Pace experiences substantial depreciation problems as the British luxury brand struggles with declining consumer interest and weak sales performance. The F-Pace depreciates 57.7% after five years, resulting in a resale value of approximately $24,090 according to iSeeCars. Fix noted that Jaguar's recent commercial campaign for their all-electric vehicles has fallen flat with American consumers. The brand's transition strategy has created confusion among buyers, leading to significant inventory accumulation and aggressive pricing incentives from dealers. Jaguar's historically weak resale values compound current market challenges, making the F-Pace particularly vulnerable to steep price reductions. Dealers are offering substantial deals to move inventory as consumer attention shifts toward more reliable luxury alternatives. The Porsche Macan faces unique depreciation pressures following the brand's controversial decision to electrify their most popular SUV model completely. While the Macan typically depreciates 42.5% after five years — with better value retention than competitors — electric versions are struggling significantly, per iSeeCars. Fix explained that Porsche's transition to all-electric Macan resulted in minimal sales, forcing the reintroduction of gas-powered variants. The Macan handles like a true sports car, but electric vehicle sales have fallen flat among traditional Porsche enthusiasts. EV Macans are accumulating on dealer lots with prices dropping massively as consumer demand remains disappointingly low nationwide. This situation creates exceptional opportunities for buyers interested in electric luxury SUVs at substantially reduced prices. More From GOBankingRates The New Retirement Problem Boomers Are Facing Mark Cuban Tells Americans To Stock Up on Consumables as Trump's Tariffs Hit -- Here's What To Buy This article originally appeared on 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025
Motor 1
14-05-2025
- Automotive
- Motor 1
Jaguar Be Damned: JLR Just Had its Best Profit in a Decade
Jaguar revealed on Wednesday that it delivered $3.33 billion in profit for its fiscal year ending March 31st, 2025—its largest in a decade. The success comes despite the Indian-owned British conglomerate ending sales of virtually every Jaguar model. Jaguar sold just 26,862 cars from March 2024 to March 2025—a drop of 45.8 percent. Around half of those cars were F-Pace SUVs . The other half were leftover models sitting on dealer lots. Model Sales (Units) Land Rover Defender 115,404 Land Rover Range Rover Sport 79,862 Land Rover Range Rover 77,000 Jaguar (Total) 26,862 JLR's success, then, came from the brand's other arm: Land Rover. The Defender continues to be the carmaker's best-seller, moving 115,404 units in the last 12 months, according to Autocar . In second place was the Range Rover Sport, with 79,862 units sold, an increase of 19.7 percent. Behind that was the full-size Range Rover, at just under 77,000 units sold. The brand also points to plug-in hybrids for its success. JLR saw sales of PHEVs jump by 21.7 percent year-over-year. Sales of PHEV-powered Range Rovers, meanwhile, spiked by 38.2 percent in the same period. Despite a tariff deal between the US and the UK, which would see tariffs drop to 10 percent, JLR's big gains could be short-lived. Tata, JLR's parent company, said on Tuesday it is reevaluating its annual profitability target for the British brand. "We are assessing our guidance in light of the recent UK-US trade deal announced on May 8 and will provide an update at our investor day on June 16," the company said in a statement to Reuters . Uncertainty be damned, JLR is moving forward with its ambitious electric vehicle goals. The company just finished work on the Range Rover Electric's production line, with plans to start deliveries later this year. It's retooled its Solihull, UK production facility to build Jaguar EVs like the Jaguar Type 00 . And it's also spent $4 million on an academy to train workers on how to assemble EVs. Jaguar Type 00 Concept Photo by: Jaguar "JLR has ended the year with strong annual and quarterly earnings, including delivering our tenth consecutive profitable quarter and our net debt zero target," CEO Adrian Mardell said in a statement. "We have achieved record sales of Defender, revealed the stunning Jaguar Type 00, and we are preparing to launch the wonderful Range Rover Electric. "This strong and consistent performance, the commitment of our people, partners and clients, and the appeal of our luxury brands will support our response to current global economic challenges, including the evolving global trading environment." More on JLR's Future Jaguar Admits Past Decisions Have Pushed Brand Into Mediocrity Range Rover, Defender, Discovery To Become Brands In Reimagined JLR Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Yahoo
07-04-2025
- Automotive
- Yahoo
Jaguar Land Rover Pauses Vehicle Shipments to the US
Jaguar Land Rover is pausing shipments of new models to the US in the wake of tariffs placed on auto imports. The automaker and its brands, owned by India's Tata Group, manufactures most of its vehicles in the UK. UK-based automakers lack a manufacturing presence in the US, in contrast to German ones. Jaguar Land Rover is pausing shipments of new vehicles to the US as it weighs its options following the Trump administration's tariffs placed on imported cars and trucks, in one of the first tangible effects on foreign automakers in April. The UK will be subject to an additional 10% duty as well, with another round of baseline tariffs announced by the administration during the first week of April. However, remaining vehicle inventory at Jaguar and Land Rover dealerships will not be subject to the tariffs while it lasts. Dealers should have weeks or months worth of vehicles on the lot that arrived before the tariffs kicked in. Despite the remaining pre-tariff inventory, vehicle and component pricing could be affected much sooner, and this remains true for other foreign brands with a sales presence stateside. A silver lining of sorts for Jaguar: The brand's F-Pace SUV is the sole vehicle in production at the moment, with the automaker essentially taking off this model year ahead of its transition to an EV lineup. Production of the electric I-Pace ended late last year, as did production of four other models. Land Rover models, on the other hand, are still produced in the UK with the exception of the Discovery and Defender, which are built in Slovakia. British car brands are considered to be especially susceptible to the Trump administration's auto tariffs as they lack a manufacturing footprint stateside, in contrast to a number of German, Japanese, Swedish, and Korean automakers. US-market manufacturing will mitigate tariffs for those vehicles produced by BMW, Volkswagen, Mercedes-Benz, Toyota, Honda, Hyundai, and others. The US is an important export market for JLR but by no means the only one, with China being another major market. "Whilst charged less than other major economies, it is another deeply disappointing and potentially damaging measure, and will affect a wide range of automotive products," said Mike Hawes, chief executive of the UK's Society of Motor Manufacturers and Traders (SMMT). "However, the most severe pain in our automotive sector is now likely to be felt by those attracting a 25% tariff on top of the existing duties, including car manufacturers and, from 3 May, the vast majority of car part suppliers." The UK government has said it will attempt to negotiate a solution with the US, though details on the scope or timing remained unannounced as the countries of Europe absorbed the implications of the new trans-Atlantic trade landscape. In the same boat with Jaguar Land Rover are Mini, McLaren, Aston Martin, Lotus, Rolls-Royce, and Bentley. "We hope a deal between the UK and US can still be negotiated to reduce or even remove the tariff and recognize Government continues to work hard to secure such a deal. The industry is already facing multiple headwinds and this announcement comes at the worst possible time," Hawes added. Will the 25% vehicle import tariffs be a longer-term phenomenon, or is this a temporary phase for US-Europe trade? Please comment below.
Yahoo
24-03-2025
- Automotive
- Yahoo
Jaguar F-Pace SVR Edition 1988 first drive
It's a very significant Le Mans 24 Hours race this year. Not only is it the 100th anniversary of the first running of the world's most famous race, but it also marks the dawn of a new era of multiple manufacturer works entries at the sharpest end of the grid. Oh, and in one for fans of round-ish numbers, it's 35 years since Jaguar won the race with its famous Silk Cut-branded XJR-9. That win has been celebrated with this special-edition model of the F-Pace, the Jaguar F-Pace SVR Edition 1988. Thirty-five years isn't the most obvious anniversary to celebrate, but this car actually came out in 2022, having been revealed at last year's running of Le Mans… Either way, this is our first go in the model that sits atop the Jaguar range, coming in at £101,550. That price marks a £20,000 rise over the standard Jaguar F-Pace SVR on which this special is based. You're buying exclusivity –just 394 will be built, a nod to the number of laps the XJR-9 completed in the hands of Jan Lammers, Johnny Dumfries and Autocar Lifetime Achievement Award-winning Andy Wallace - and also a raft of cosmetic upgrades rather than dynamic ones over the very well-sorted standard model. These include a very dark purple ('Midnight Amethyst Gloss') paint finish with lots of gold detailing, including to the upgraded 22in alloys, in a nod to that purple and gold Silk Cut livery. In duller light, it looks black rather than purple but catch the right ray of sunshine and the colour pops really nicely over what remains a fine-looking SUV, trimmed here in a very tasteful way. Badges and different-coloured trim inside are otherwise it for your near 25% premium over a standard F-Pace SVR. On that basis, good value it is not, yet the car still reminds us of what 'old' Jaguar does very well indeed: creating everyday performance cars that can excite as much as they can cosset, being suitable for all roads and all occasions. Let's take that engine, a 5.0-litre V8 supercharged unit we truly will no longer see the likes of again. It's loud, it's fast, it pops, it crackles, it sends good vibrations through your hands, feet and backside; it's brilliant. The eight-speed torque-converter transmission stops it having the more savage gearshifts and acceleration of rivals equipped with dual-clutch transmissions yet the trade-off is far greater drivability at low speeds and a genuine ability to be driven in a more relaxed manner. It's not an 'always on' performance car, instead the kind that is ready when you are, like a super-sized Volkswagen Golf R.\ That greater everyday usability extends to the rest of the chassis and the F-Pace SVR's dynamic make-up. This is what fast Jaguars have always done best: the duality of being able to be driven as hard as they can and involving and exciting the driver while also providing a comfortable ride, accessible handling and control weights that feel altogether more approachable. The size of the exhausts alone might indicate this is a pretty anti-social car, yet to drive, it is anything but. The trade-off to the driver is only really found when it comes to economy in the teens. The interior of the F-Pace SVR, like all F-Pace models, was overhauled a couple of years ago in an extensive facelift and it's remarkable how fresh the car still feels inside despite the fundamental architecture being close to eight years old now. The infotainment is excellent, backed up by nice physical controls for key functions such as the heating/cooling and a general air of solidity and high perceived quality to proceedings. The performance car boxes are also ticked inside, chiefly through superb seats that grip you while remaining comfortable. Questionable value of the Edition 1988 branding or not, the F-Pace SVR really is a very good car – one of Jaguar's very best. Which makes it all the more remarkable that cars like this won't be in Jaguar's new era, the firm instead switching to electric cars with a luxury focus rather than Mercedes-AMG and BMW M-baiting performance machines like this. Shame. ]]>
Yahoo
18-03-2025
- Automotive
- Yahoo
6 Luxury Cars That Will Have Massive Price Drops in Early 2025
So far, 2025 is proving to be the year of the luxury car. According to Brian Moody, executive editor at Kelley Blue Book, more car buyers are shelling out for pricey models. 'There have been more than 52,000 six-figure car sales in January and February this year alone,' he said. 'That's up from 46,000 over the same time last year, and from 12,000 in 2020.' Explore More: Read Next: But while the overall luxury car market remains strong, some models are struggling to leave the lot — suggesting there are ample opportunities for price cuts in the year ahead. Industry experts Moody and Zach Shefska, CEO of CarEdge, share their insights on which luxury vehicles are most likely to see price drops this year. British car manufacturer Jaguar courted controversy earlier this year with a rebrand that not everyone loved, and a bold promise to be 100% electric by 2026. This, said Moody, may be costing them. 'Though they're highly regarded by many car buyers, Jaguar is going through a transition, and is one of the few luxury models that might have price drops soon,' he said. Shefska added the Jaguar F-Pace is already showing signs of bearing the brunt of the company's change in direction. According to Car Edge data, the F-Pace has a 291-day supply, making it the slowest-selling car in the country. 'That means it would take 291 days to sell all the available Jaguar F-Paces based on current sales rates,' Shefska explained. 'We think that means there will be some big price cuts on that vehicle.' Consider This: The Porsche Taycan, a high-end EV, has seen depreciation on the used market, and its new models may follow suit, said Shefska. 'EV sales have been slowing down, particularly in the luxury segment. For a vehicle that costs, on average, $143,000, the market is just not that big,' he noted, adding that high supply levels and waning consumer interest in ultra-luxury EVs could result in significant incentives on the Taycan. Alfa Romeo's Giulia is another sedan facing price drops due to oversupply and lack of demand. 'Only 212 Giulias have sold in the last 45 days, and there's a 216-day supply on dealer lots,' Shefska revealed. This high inventory level suggests that dealerships will be offering steep discounts and financing incentives to move units. With a 243-day supply, the Cadillac CT4 is another luxury sedan struggling to find buyers. Shefska attributes its likely price decline to the growing preference for SUVs over sedans. 'There's a little bit of a trend here: Cadillac CT4, Porsche Taycan, and Alfa Romeo Giulia are all expensive luxury sedans, and consumers are opting for SUVs instead,' he noted, adding that buyers can expect dealer incentives, including low-interest financing and discounts of around 10% off MSRP. Maserati's new Grecale SUV has had trouble attracting buyers, mostly because the price point is too high. 'There's just not a lot of interest in expensive Maseratis right now — shocker,' said Shefska. 'And they raised the prices for 2025, despite already struggling to sell their vehicles.' He anticipates buyers will find good deals this year through dealer incentives and financing deals. While Lexus has strong overall demand, its electric models may be a different story. 'I would imagine price drops on electric versions of Lexus and Mercedes-Benz vehicles — especially lightly-used versions,' said Moody. The slowing demand for luxury EVs means steep discounts and attractive lease deals could be on the horizon. More From GOBankingRatesHow Paychecks Would Look in Each State If Trump Dropped Federal Income Tax3 Reasons Retired Boomers Shouldn't Give Their Kids a Living Inheritance This article originally appeared on 6 Luxury Cars That Will Have Massive Price Drops in Early 2025 Sign in to access your portfolio
