Wow what a hidden gem of a channel and review. This is so much more useful for me on the used car market than the bigger channels with 1 mil views. Please do a first edition for the I-pace unless it’s true that the HSE can have all those options added on.
When I configured my I-PACE in the spring of 2018, the Dutch price list showed the S, SE and HSE but also the First edition model. The HSE and First Edition had the sporty seats which I didn't like at all. The HSE was EUR 112 K and the First edition EUR 104 K. I decided to upgrade the SE with: 20 inch wheels, air suspension, matrix LED headlights, panoramic roof, Cold climate pack and the Driver Assist pack plus some other small stuff for EUR 100 K.
The depreciation on these cars at present is scary. 3 year old cars with 20-30k miles on the clock which are £40000 less than buying new. If it wasn't for the Tesla network I'd certainly pick up a used I-Pace.
honestly..... I'm 25 next year and saving up to pay for a fast car in Jan. autotrader 0-60 in less than 5 newer than 2019 and low 'fuel' cost brings only ipaces at 25K. never thought i'd be able to afford a Jag!!
I considered a Tesla as well but once I got inside of the Ipace and took it for a spin I couldn't get myself to buy a Tesla. The Tesla network wasn't something that weighed for me. So far I am extremely happy with this car.
Great video, thank you. Just started looking at used I-Pace. Here in CA, every other car is a Tesla or BMW, this Jag is really unique. Depending on mileage, and the fact it’s an EV, I’ll take the HSE (stands for the “Holy S*** Edition”?) w much nicer wheels and all the goodies 25K over an S w/ 8K miles, but that’s me. Could you make another video comparing 2019-2022 models?
Very insightful. Only critique is perhaps magnify the parts you're talking about so it's easier for us viewers to follow along. Nevertheless, very helpful. Learned a lot.
As regards safety equipment, the manufacturer is a business and so on the base model (assuming a few different spec levels and " packs") they will always include the minimum required by law to the base model, but allow you to purchase a " safety pack" It makes perfect business sense. You only have to look across the pond to the usa to see how a reverse screen has been standard for years in the same car sold in the uk and Europe were its a pay option.
Totally understand the business model, but we'd still advise that they won't get the RV benefit from it. Ultimately, the consumer shouldn't have to pay extra to be safer in a vehicle, and that's what Jaguar does with the SE spec.
I always buy second hand. At 3 years on auto trader, SE start at £1K more HSE adds £3K. Looking to buy one this year. Even £3K is putting me off the HSE, when S is so amazing anyway.😊
Your analysis makes sense for assessing the residual value of any options that were added when new. The used market values different model grades as a whole. Looking at residual values for the iPace the differences between S, SE and HSE are bigger than you suggest. People tend not to want the "poverty" S spec but will pay a good premium for the HSE - partly for the name alone as you suggest. In general base models are nearly always the best value for most cars because with higher grades the added cost is less than the added price !
Thanks for your comment SierraPapa. That's correct. Manufacturers would almost always ask me the value of options before they finalized the spec to see what adds value at launch, with the best margins. Once they hit the used market, you're absolutely right, model grades are valued as a whole. That generally makes it difficult for consumers to see where the value is attributed, so I break it down to a "per option" residual value to (hopefully) help people.
What a pile of pants! Blooming Jaguar! I was looking at possibly getting a I-Pace on finance (2nd hand) and wouldn't have minded the base spec at all! But, for the problem with it having no driver assistance! Even the base spec E-Niro 2 (UK version) has the full range of driver assistance in it - they just leave out heated seats and LED lights etc! Who leaves out safety systems even in the lower spec cars, as you say - it just shows the customer you don't care about them enough at 65 grand!? Obviously a 3 year warranty is terrible also - you might expect it in a Citroën or Dacha or something but a 65 grand luxury car? I'll take the 7 year warranty, full driver assistance of the E-Niro thanks!
I went and drove the bmw i4 ix3 Volvo XC40. Not one of those cars comes near interior quality than the jag. It’s a great drivers car. Still to drive the model y . They created on of their best ever car but failed to update the motor range and charging rate which is a poor max of 100kw. Still one of the best looking cars on the road.
Do you have a general idea of how often people specify options vs just accepting what comes with the trim-level? As an example do many people actually add options like the 12 way memory seats for £2,400? of course it will vary by feature, but i wonder how many people add more than 3-5% of the vehicle spec in options.
Hi Daniel, we never got that level of detail unfortunately, we relied on reports from the manufacturers themselves. Manufacturers have taken matters into their own hands due to WLTP legislation and they now limit the amount of options you can individually select, so they either bundle high margin options into a package or have it as a completely separate trim level. Makes it easier on the consumer, and streamlines manufacturing but doesn't allow flexibility of ordering anything individual to you. It's a lot more generic.
one thing you didnt mention.. or i missed it.... does colour add anything on? I know personally certain colours as a potential customer definitely interest me more than others, so i would think the right colour would make the car more sellable, but would it make a difference when it came to trading in? thanks. (PS just ordered the HSE but only because 2nd hand it didnt add as much on as new)
Hi Mike, thanks for the question! Valuation services don't add anything for colour and neither do the dealers when you trade in, as there's too much variation for us to take into account with the different specs. As a retail buyer however, you'll generally find people will pay a slight premium for a specific colour, or combination or spec/colour, but it's a very subjective thing in the valuation world, so we don't mess with it.
when ever i sell my car the sales man always says if your car was black or red or another colour than mine i could have given you more money .........ha ha
Interesting, although that 'Key Features' list doesn't actually include all the differences between the trim levels. For example some of the stuff I was looking for like electric tailgate and folding mirrors also differentiate the versions.
You're absolutely correct! It's weird why they don't show key differences that people are actually interested in. Not to throw shade at the people setting up these lists, but it's usually a recent graduate who goes into product management making these, and they generally don't understand what adds appeal to the consumer like me and you. We generally need to go in and sit down with them so they understand some of the marketing aspects. Thanks for your support!
@@computerbob06 depends on the launch schedule to be honest. They'll definitely know the intricate details of the product, like spec and whatnot, but I've been on launches where they're driving them for the first time with us. They'll usually sit next to you to get some insight on driving dynamics. Depends on the manufacturer though.
Yanks are getting this car 33% cheaper than Brits. No wonder we are not buying it. Mind you, ive seen 3 year old cars with 40k mileage for 23k sterling. Sad that Jaguar didn't improve the car's range. Stuck in 2017.
Hold on. On a 20 reg ipace, with about 40k on the clock there is roughly £700-£1000 between an S and fully loaded HSE. Why would you not want top end for so little extra? I say this because you are deriving used value from optioned prices. Seems a funny way of valuing something.
@@jgtemperton you're safer investing your money into something that won't combust and that doesn't make third wold countries work hours of slave labour for heavy metals to help run a failed agenda.
Good question. There's a lot of factors that go into these things. The first thing we'd do is look at exact like-for-like vehicles. Colour, age, mileage, vendor, damage etc. Other factors like ownership history, was the vehicle from Enterprise rent-a-car or leased through a main dealer to an end-user. Once these details are established, we can calculate an "average" value. Additional costs, such as insurance and running expenses, may outweigh the benefits of upgrading from the S to the HSE. For instance, if the S is approximately £700-£1000 cheaper than the HSE in your case, think about how much more it would cost to insure. The S has an insurance group of 49E in the UK, while the HSE is in the highest group, 50. This could mean an extra £100 to £300 annually, which may not be worth the upgrade for some people.
@@CheckYourSpec I’m thinking if you can afford to spend £17,500 on a used ipace S you can afford the extra £10-£15 a month on insurance for a £19,000 HSE. The margins are small but the difference is significant. Very much bang for buck.
Its their plan to become a supercar brand...all EV by 2024 and cheapest model will be 100k. Not sure how that will go but they obviously think there is a market for it.
@KayshaHughes Like you... Not sure how that will go. My gut feeling is the market will have moved on and forgotten them by the time they actually do anything.
@woolychewbakker5277 heard just yesterday that second hand Range Rovers and Jags he'd dropped by about 30% in the last few months. So maybe the daft priced iPace could indeed be a bargain soon.
![[Gegagedigedagedago] NEW Help Gegagedigedagedago Nugget escape from Nikocado Avocado Challenge](http://i.ytimg.com/vi/hJWnwRC2Fz8/mqdefault.jpg)
Wow what a hidden gem of a channel and review. This is so much more useful for me on the used car market than the bigger channels with 1 mil views. Please do a first edition for the I-pace unless it’s true that the HSE can have all those options added on.
After searching for one of these videos for days I found yours! Thank you so much
When I configured my I-PACE in the spring of 2018, the Dutch price list showed the S, SE and HSE but also the First edition model. The HSE and First Edition had the sporty seats which I didn't like at all. The HSE was EUR 112 K and the First edition EUR 104 K.
I decided to upgrade the SE with: 20 inch wheels, air suspension, matrix LED headlights, panoramic roof, Cold climate pack and the Driver Assist pack plus some other small stuff for EUR 100 K.
The most helpful review I have seen when considering a purchase. Thanks for posting!
You are very welcome. Thanks for your support.
How have you got so few subscribers?!!
This is great content, from someone with genuine intel.
The depreciation on these cars at present is scary. 3 year old cars with 20-30k miles on the clock which are £40000 less than buying new. If it wasn't for the Tesla network I'd certainly pick up a used I-Pace.
honestly..... I'm 25 next year and saving up to pay for a fast car in Jan. autotrader 0-60 in less than 5 newer than 2019 and low 'fuel' cost brings only ipaces at 25K. never thought i'd be able to afford a Jag!!
@@Jmaster009 check insurance as the Ipace can be much more than other cars
The insurance is a killer, more than my cls amg
I considered a Tesla as well but once I got inside of the Ipace and took it for a spin I couldn't get myself to buy a Tesla. The Tesla network wasn't something that weighed for me. So far I am extremely happy with this car.
Tesla is opening the charging network, I bought an used First Edition and downloaded the Tesla app.
Great video, thank you. Just started looking at used I-Pace. Here in CA, every other car is a Tesla or BMW, this Jag is really unique. Depending on mileage, and the fact it’s an EV, I’ll take the HSE (stands for the “Holy S*** Edition”?) w much nicer wheels and all the goodies 25K over an S w/ 8K miles, but that’s me. Could you make another video comparing 2019-2022 models?
HSE - « high spec edition » thanks for the video 🤗
My pleasure
Very insightful. Only critique is perhaps magnify the parts you're talking about so it's easier for us viewers to follow along. Nevertheless, very helpful. Learned a lot.
Thanks for the feedback, I'll look at updating for future videos :)
As regards safety equipment, the manufacturer is a business and so on the base model (assuming a few different spec levels and " packs") they will always include the minimum required by law to the base model, but allow you to purchase a " safety pack"
It makes perfect business sense.
You only have to look across the pond to the usa to see how a reverse screen has been standard for years in the same car sold in the uk and Europe were its a pay option.
Totally understand the business model, but we'd still advise that they won't get the RV benefit from it. Ultimately, the consumer shouldn't have to pay extra to be safer in a vehicle, and that's what Jaguar does with the SE spec.
Interesting 'take' on looking at any care particularly as they all seem to run variations on this theme.
I always buy second hand. At 3 years on auto trader, SE start at £1K more HSE adds £3K. Looking to buy one this year. Even £3K is putting me off the HSE, when S is so amazing anyway.😊
Your analysis makes sense for assessing the residual value of any options that were added when new. The used market values different model grades as a whole. Looking at residual values for the iPace the differences between S, SE and HSE are bigger than you suggest. People tend not to want the "poverty" S spec but will pay a good premium for the HSE - partly for the name alone as you suggest.
In general base models are nearly always the best value for most cars because with higher grades the added cost is less than the added price !
Thanks for your comment SierraPapa. That's correct. Manufacturers would almost always ask me the value of options before they finalized the spec to see what adds value at launch, with the best margins. Once they hit the used market, you're absolutely right, model grades are valued as a whole. That generally makes it difficult for consumers to see where the value is attributed, so I break it down to a "per option" residual value to (hopefully) help people.
Most important for me is autosteer and adaptive cruise control
What a pile of pants! Blooming Jaguar!
I was looking at possibly getting a I-Pace on finance (2nd hand) and wouldn't have minded the base spec at all! But, for the problem with it having no driver assistance!
Even the base spec E-Niro 2 (UK version) has the full range of driver assistance in it - they just leave out heated seats and LED lights etc!
Who leaves out safety systems even in the lower spec cars, as you say - it just shows the customer you don't care about them enough at 65 grand!?
Obviously a 3 year warranty is terrible also - you might expect it in a Citroën or Dacha or something but a 65 grand luxury car?
I'll take the 7 year warranty, full driver assistance of the E-Niro thanks!
Very well put together video.. Brilliant 👍
I appreciate it, thank you!
Neat work! I’ll be sharing… Thanks🏆
Thank you very much! I appreciate it 🙏🏻😊
I went and drove the bmw i4 ix3 Volvo XC40. Not one of those cars comes near interior quality than the jag. It’s a great drivers car. Still to drive the model y . They created on of their best ever car but failed to update the motor range and charging rate which is a poor max of 100kw. Still one of the best looking cars on the road.
I gave to disagree, they're hideous cars the ipace. Doesn't know what it wants to be.. much prefer the look of the FPace and Ftype by a mile.
Do you have a general idea of how often people specify options vs just accepting what comes with the trim-level? As an example do many people actually add options like the 12 way memory seats for £2,400? of course it will vary by feature, but i wonder how many people add more than 3-5% of the vehicle spec in options.
oh and is there anywhere you can put in a reg-plate and find out the options installed?
Hi Daniel, we never got that level of detail unfortunately, we relied on reports from the manufacturers themselves. Manufacturers have taken matters into their own hands due to WLTP legislation and they now limit the amount of options you can individually select, so they either bundle high margin options into a package or have it as a completely separate trim level. Makes it easier on the consumer, and streamlines manufacturing but doesn't allow flexibility of ordering anything individual to you. It's a lot more generic.
one thing you didnt mention.. or i missed it.... does colour add anything on? I know personally certain colours as a potential customer definitely interest me more than others, so i would think the right colour would make the car more sellable, but would it make a difference when it came to trading in? thanks. (PS just ordered the HSE but only because 2nd hand it didnt add as much on as new)
Hi Mike, thanks for the question! Valuation services don't add anything for colour and neither do the dealers when you trade in, as there's too much variation for us to take into account with the different specs. As a retail buyer however, you'll generally find people will pay a slight premium for a specific colour, or combination or spec/colour, but it's a very subjective thing in the valuation world, so we don't mess with it.
when ever i sell my car the sales man always says if your car was black or red or another
colour than mine i could have given you more money .........ha ha
@@andrewwardle-bu9yx haha, they probably want to upsell you to a black or red car for the future, but won't actually give you anything more for it 😂
All new cars should be made to fit every bit of new safety equipment there is available at the time, not make people pay more for it!!!
Thanks for review👍
My pleasure 😊
Interesting, although that 'Key Features' list doesn't actually include all the differences between the trim levels. For example some of the stuff I was looking for like electric tailgate and folding mirrors also differentiate the versions.
You're absolutely correct! It's weird why they don't show key differences that people are actually interested in. Not to throw shade at the people setting up these lists, but it's usually a recent graduate who goes into product management making these, and they generally don't understand what adds appeal to the consumer like me and you. We generally need to go in and sit down with them so they understand some of the marketing aspects. Thanks for your support!
@@CheckYourSpecI doubt if they even drive much or if they do, are at all interested in it?
@@computerbob06 depends on the launch schedule to be honest. They'll definitely know the intricate details of the product, like spec and whatnot, but I've been on launches where they're driving them for the first time with us. They'll usually sit next to you to get some insight on driving dynamics. Depends on the manufacturer though.
Power liftgate is a big one for me not available on the S model
Agreed 👍🏻
What about the air suspension? Does it come on the S?
Just checked, but Jaguar have updated their model line up so I'm not sure.
Yanks are getting this car 33% cheaper than Brits. No wonder we are not buying it. Mind you, ive seen 3 year old cars with 40k mileage for 23k sterling. Sad that Jaguar didn't improve the car's range. Stuck in 2017.
Test drove a Jag I Pace recently and the road tyre noise is appalling. Gave it a miss. Jaguars were supposed to be luxury but not anymore.
Hold on. On a 20 reg ipace, with about 40k on the clock there is roughly £700-£1000 between an S and fully loaded HSE. Why would you not want top end for so little extra?
I say this because you are deriving used value from optioned prices.
Seems a funny way of valuing something.
@@jgtemperton you're safer investing your money into something that won't combust and that doesn't make third wold countries work hours of slave labour for heavy metals to help run a failed agenda.
Good question. There's a lot of factors that go into these things. The first thing we'd do is look at exact like-for-like vehicles. Colour, age, mileage, vendor, damage etc. Other factors like ownership history, was the vehicle from Enterprise rent-a-car or leased through a main dealer to an end-user. Once these details are established, we can calculate an "average" value. Additional costs, such as insurance and running expenses, may outweigh the benefits of upgrading from the S to the HSE. For instance, if the S is approximately £700-£1000 cheaper than the HSE in your case, think about how much more it would cost to insure. The S has an insurance group of 49E in the UK, while the HSE is in the highest group, 50. This could mean an extra £100 to £300 annually, which may not be worth the upgrade for some people.
@@CheckYourSpec I’m thinking if you can afford to spend £17,500 on a used ipace S you can afford the extra £10-£15 a month on insurance for a £19,000 HSE. The margins are small but the difference is significant. Very much bang for buck.
The cheapest i-pace on auto trader is less than £15k now 😮
That is a LOT of car for the money! The depreciation has not been kind 🫣
Noooppppe... Most famous bass riff is The Chain
Basically, £8000 for a slightly better chair😂😂
🤣
Awful cars imo, slack charging and poor milage range, they have been known to spontaneously combust also hence some recalls.
😳
@@jgtemperton I can as I'm quite comfortable thank you Mr HMRC, I have a brain not to purchase one of these ticking time bombs
@@what-lies-in-your-skies call me skeptical. And MPG tells me you’re trolling.
@@what-lies-in-your-skies You do know what MPG means?
@@what-lies-in-your-skiesI've deleted his negative comment. No place for that on this channel.
Just avoid Jaguar. They are depreciating like crazy. They are a brand that has lost their way and will soon go bankrupt.
Its their plan to become a supercar brand...all EV by 2024 and cheapest model will be 100k. Not sure how that will go but they obviously think there is a market for it.
@KayshaHughes Like you... Not sure how that will go. My gut feeling is the market will have moved on and forgotten them by the time they actually do anything.
@woolychewbakker5277 heard just yesterday that second hand Range Rovers and Jags he'd dropped by about 30% in the last few months. So maybe the daft priced iPace could indeed be a bargain soon.
I did I bought a ipace se with 20k miles for 29k and I love it next to my model y