Now is a good time to buy a used electric car. With so many electric car models in freefall depreciation, buyers can get a lot of car for their money. Of course, with the big discounts come some concessions, but buyers willing to roll the dice on a Jaguar I-Pace EV can get a great value at a reasonable price.
We recently mentioned quantity Porsche Taycan Turbo models lose nearly $100,000 in value, but that’s about a 50% depreciation. The value of the Jaguar I-Pace dropped even more dramatically, with some cars losing up to 70% of their value. Like most Jaguar models, the brand’s products seem lost in the crowd of more popular brands. With a range of about 240 miles and similar dimensions to the Tesla Model Y and Volkswagen ID.4, the The I-Pace is an interesting choice and an attractive value for those looking for something different.
The first is the 2019 I-Pace First Edition with an asking price of 32,999 USD. That’s the price of a moderately equipped Toyota Camry.
The original MSRP for this is $89,794; That’s a depreciation reduction of $56,795, or about 63%.
Next is the I-Pace S 2019 with a current asking price of 29,400 USD.
Original MSRP is $72,400; That’s a depreciation reduction of $43,000, or about 59%.
Finally, we have the 2020 I-Pace SE with a very attractive price of $25,988.
This car originally retailed for $82,085; That’s a depreciation reduction of $56,097, or about 68 percent
With a solid selection of used electric car deals on the market in the sub-$30,000 price range, the I-Pace may not be on most buyers’ radar, but it should be.
Tom McParland is a contributing writer for Jalopnik and runs AutomatchConsulting.com. He takes the hassle out of buying or leasing a car. Have a car buying question? Send it to [email protected]
