Jaguar XK8...How much should my "best and final" offer be?

Asked by Nov 17, 2016 at 12:12 PM about the Jaguar XK-Series

Question type: Shopping & Pricing

Looking at a 2000 XK8, one-owner with 18,500 miles and new tires.  Appears to be in very good condition.  Dealer took it as a trade-in.  

6 Answers

15,685

http://www.nadaguides.com/Cars/2000/Jaguar/XK8-V8/Coupe- 2D/Values

2 out of 2 people think this is helpful.
15,685

Is this the car above, there are many models? Convertible, and others are MUCH higher? What's the asking price?? If it were me, I'd be VERY careful, Jaguars have been known in the past for costing a lot in maintenance? Maybe this is not an issue since Ford purchased them and I don't recall when that was. Also, a 2000 car with less than 20,000 miles always makes me suspect, but, hey, that's just me.

2 out of 2 people think this is helpful.

This particular vehicle is the base convertible. The Carfax record is extensive showing the mileage to be correct (as far as I can tell). The dealer has offered to sell for $15K out the door. I've checked NADA, KBB, Edmunds, and AutoTrader getting market values from $9K to $11.1K. I'm prepared to go higher -- just don't really know how much higher. I like the car; don't necessarily know if I'll love it. Thanks for the input.

18,775

KBB, NADA and Edmunds aggregate their used car values based on past sales, so something like your 2000 XK8, which looks like a very low-mileage one-owner car can be expected to fetch more than it's blue book value. But being s trade-in, the dealer doesn't have a lot into it, so start haggling.

2 out of 2 people think this is helpful.
40,925

They are going to have at least a 20% markup on the car. Make your offer accordingly.

1 out of 1 people think this is helpful.
30

Most used car dealers so not have 20% markup in pre owned cars. A 2000 XK8 with low mileage like you stated has a value. If you work the dealer a bit mor you can probably get the car for less than 15K I would assume the condition of the car is near new. If that is the case, it is a lot less expensive to pay more for a nice car than it is to rebuild a rat.

1 out of 1 people think this is helpful.

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