Possibly, as in the UK; in November 2024 all the new stock I-Pace were pre-registered which essentially means that they are now sold as used vehicles under the Jaguar Approved label, most are heavily discounted, SE’s around £42000, HSE’s around £50000, Sports upto £55000. This has yet to happen in France, two dealers near to me are still holding out for €112000 for an HSE, and €98000 for an SE that’s been in the showroom since August 2023! Ultimately, all stock around the world will be sold but only after substantial discounting to offset some of the huge depreciation.

 

My Dear Ozzie Brother:

How can I put this gently? Oh, I know.......Stay the #*++ away from this future disaster. My friend, there is a reason they are still on the lot!

An Ex-Owner

 

I hear you, I am also an Aussie prospective buyer that was initially besotted and thought a good example of a MY20 may be worth a look. I have been convinced otherwise during my research and from a number of owners here who have provided a useful reality check.

The pricing is another issue: For newer ones, just look at the prices listed on CarSales - from A$170k for a new MY24 to $110k for the same model with demo kms! $60k value lost for driving off the lot. MY23s at under $100k and MY20 at $45-60k. That's just crazy pricing that is still sorting itself out with owners hoping they can still get a lot more for their cars than the market is signaling they are worth.

The sweet spot may be a MY21 from a reliability/improved charging and software perspective but some are trying to sell those at $90k today with MY23s just a few thousand more and MY24s at $20k more. That's a lot of price compression.

I am sitting it out for now at least as I don't have confidence in the older vehicles (MY18-20k) and the pricing of newer ones being anywhere near sustainable. Just reading here it is clear that i-Pace buyers are a sophisticated lot who do their homework and can sniff something is going to give on these cars. The older models may not have as much to fall but that is not their biggest issue: The huge forced recall in the USA is a dark cloud hanging over all of them. Will Australia follow? Will Jaguar head for the exit here like other European brands?

I am also aware that a car without full factory warranty coverage is courting with danger. The 3rd party warranty on offer here (many of the warranty companies won't touch the i-Pace) lost my interest with their list of what is/is not covered. If I were Jaguar and wanted to help build confidence in these vehicles they should be offering extended factory warranties for starters.

Perhaps one day I will come back, but for right now I'm looking elsewhere.

 

Just found this (on a Russian website of all places!) but seems accurate (and scary):

Jaguar I-Pace sales in Australia

Period	Sale volume шт.	Rank
Oct 2024	2​	235​
Sep 2024	1​	234​
Aug 2024	2​	232​
Jul 2024	1​	241​
May 2024	1​	244​
Apr 2024	1​	246​
Feb 2024	1​	242​
Jan 2024	2​	235​
▼ 2023 total	35​	249​
Dec 2023	3​	238​
Nov 2023	6​	226​
Oct 2023	2​	245​
Jul 2023	4​	232​
Jun 2023	4​	240​
May 2023	3​	237​
Apr 2023	2​	241​
Mar 2023	5​	225​
Feb 2023	2​	236​
Jan 2023	4​	223​

 

I’ve owned in OZ a high spec 2019 SE since new, yes they are rare, the dealers 5 year warranty just lapsed and fortunately I was able to have the telemetric’s replaced FOC. This was due to a 12V battery failure, so hardly a fault of the car, otherwise it’s been faultless. The negativity is the problem it’s stopping used buyers in there tracks, understandable of course, I spoke with a dealer JLR recently and he came straight out and said he didn’t want it which is really the problem, if the dealer network was supporting the I pace then this issue wouldn’t exist. Agree extended warranty would help a lot. Porsche seem to have a handle on this locally with the warranty plans although i believe they are propping up prices of used Taycans.

Prices here are indeed low and at some point they may stabilise, hopefully high end cars may find support and you do wonder if some Chinese company is working of a replacement universal battery pack at an agreeable price, it’s certainly an opportunity and would be a real game changer.

Had mine on/off the market and a few months bargain hunters so far. No stress it’s still a brilliant car.

 

Hi, guys, I'm a long time lurker here as well as a long-time Jaguar owner (couple of S-types, XF, XJ, a couple of F-Paces) over the years. I live Down Under (Australia) and have started to consider buying a demo or used I-Pace. Looking at sales statistics in Australia, something like 35 I-Paces were sold new in 2023, and something like 11 in 2024 (making them much rarer than Rolls-Royce). In the last 5 years I have seen two on the road (one was a hotel courtesy car in Double Bay). Now it has been discontinued, (and perhaps Jaguar full stop) who is going to buy the remaining dealer stock (of which there are still quite a few advertised for sale)? If no one was buying them when they were in production and could be ordered exactly with the options you wanted, who is going to buy them now? So, what happens to unsold dealer stock as the cars age, warranties run down/out and new competition arrives? What is going to happen to second-hand prices in a year or two? Are they going to be useless/worthless junk? And what are the dealers who still have stock are thinking/going to do with them (all of them advertised for well over $100-140k at present)? Any thoughts appreciated...

iCloud Photos - Apple iCloud This is what is being done with much of the unsold inventory in the US. These videos were shot a week ago in Monrovia, CA where these cars were on the way to Los Angeles to become autonomous transportation for Waymo. Note that they are all white as is every IPace already owned and operated by Waymo who happen to be the largest purchaser of IPaces in the world. When the existing IPace inventory is exhausted Waymo will switch to using Hyundai.

 

iCloud Photos - Apple iCloud This is what is being done with much of the unsold inventory in the US. These videos were shot a week ago in Monrovia, CA where these cars were on the way to Los Angeles to become autonomous transportation for Waymo. Note that they are all white as is every IPace already owned and operated by Waymo who happen to be the largest purchaser of IPaces in the world. When the existing IPace inventory is exhausted Waymo will switch to using Hyundai.

If this indeed the case, it only tackles the white cars in stock! This appears more likely to be a final batch of cars specifically made for Waymo (modification and badging on rear hatch is the clue). Also, I had read somewhere that all Waymo I-Paces are based on the EV320 model (which was only sold briefly to the public in 2021), as Waymo does not need to scare its passengers with the blistering acceleration of the EV400!

 

This is what I witnessed at a local Jaguar/Land Rover Dealer this week: Salesman approaches me while checking out 2023 used HSE and next to it, a 2024 new HSE. I note to the salesman that the new one is A$185k but the ‘23 has dropped to $118k - $67k depreciation. He says: “I’ll sell you the ‘24 for $135k”. A $53k price drop/discount! I am still stunned. And it probably still won’t sell and end up at auction.

 

Well, I just bought a brand new one off the lot. Let's just say they were highly motivated, and I've never seen first hand a discount like that before. I know for a fact they took a massive loss on it. Sucks for them. Awesome for me, because it's what I wanted.

 

An Australian dealer knocked $50k off of sticker price of a new 2024 while I was just looking. Apparently, there is now strong motivation to just rid stock of the now orphaned model. Just relief from the legacy problems or the EV did not suit the traditional sales-sevice model? Perhaps both?

 

Agreed a price yesterday of £45k for a 2024 pre-reg ipace sport with 10 miles on the clock - time will tell !

 

As posted above, the UK iPace stock is now all listed as approved used and is massively marked down. I have a Black edition that I have another year or so on the finance - if I tried to buy the car out of finance now, it would be more than these 'used' new cars are!

I'm considering whether I can exit this agreement early and get into a newer car for less money

 

I seem to have been unable to resist the lure of a good-value 2nd hand (1st edition 2019) I-pace, so pulled the trigger and will be adopting a new kitty on Saturday! If all goes according to plan, will post a proper introduction next week.

Now the hunt for extended EV warranty and insurance starts (and possibly new tyres, spare wheel kit and other bits and pieces)!

 

I think I know the one - Sydney, grey with white interior. I was eyeing it too but the price was on the high side and battery situation a bit unclear - new in 2024? That could be lucky but did not alter warranty period even when dealer stated otherwise. Dealer and JLR made clarifications really difficult on this car. I wish you the best. Definitely grab the extended warranty before purchase.

 

Thank you, MagicCarpet!

Any suggestions for extended warranty - looking at Presidian and Integrity absolute?

Found out through back-channels that this car had a complete high voltage battery replacement last year, as well as a BECM and possibly some other parts replaced.

Jaguar (including corporate office in Australia) were obstructionist to say the least, and refused to give me any information!

If you're still in the market, there seems to be a well-specced HSE in Canberra that they're now keen to get rid of, seems like a lovely car!

Cheers,

 

My suggestion is to go for a 5-year to give you flexibility if/when selling the car on. The main issue with these older cars is that the main warranty has expired and the factory battery warranty may only have one year to go.

The dealer of that car first tried to convince me the replacement battery was covered until 2031 but the paperwork he showed me was actually for a different VIN. Whoops. When I got through to a useful JLR service manager he set me straight that the replacement battery would have the same warranty expiry as the original battery.

The car also had exceeded its 72 month inspection period which happens to be when the brake hoses need replacing which is a $3k job. The selling dealer assured me they would do this service sung a JLR-qualified mechanic and to original specs. You may want to get further assurance of this before picking up the car.

I think that you have to buy the warranty from the selling dealer - most are not available to the general public so see what he can offer and get the best and longest coverage. They quoted me a premium product “at their cost” of about $5k. One had a limit of the value of the car which given the price of repairs may be the one to get.

I know the ACT car. Same vintage and has dropped about $8k since they told me there was very little room to move on the price. As with the others, getting a battery health report or service history beyond the maintenance schedule is nearly impossible or on the buyer to pay for. The car is also black on black which is not the most desirable combo for us.

The market appears stalled with many unrealistic prices and cars being marketed for many months. At some point the dam will have burst on prices as I can’t see how else they will move them and the cost of holding them keeps mounting. Many dealers will be taking a bath on them.

We are keeping an eye out for the right example but the odds keep increasing to get something else without all of the uncertainty.