Now is a good time to shop for a used electric vehicle. With so many EV models in a depreciation freefall, buyers can get a lot of car for their money. Of course with big discounts come some concessions, but buyers willing to roll the dice on a Jaguar I-Pace EV can score a high-dollar car, at a reasonable price.
We recently covered how much the Porsche Taycan Turbo models lost almost $100,000 in value, but that is roughly 50 percent depreciation. The Jaguar I-Pace’s values have dropped even more dramatically, with some cars losing upwards of 70 percent of their value. Like most of Jaguar’s cars, the brand’s offerings seem to get lost in the crowd of more popular brands. With a range of around 240 miles and a size similar to the Tesla Model Y and Volkswagen ID.4, the I-Pace is an interesting option and compelling value for folks looking for something different.
First up is a 2019 I-Pace First Edition with an asking price of $32,999. That’s about the price of a moderately equipped Toyota Camry.
The original MSRP on this was $89,794; that’s a depreciation drop of $56,795, or about 63 percent.
Next is a 2019 I-Pace S with a current asking price of $29,400.
The original MSRP was $72,400; that’s a depreciation drop of $43,000, or about 59 percent.
Lastly, we have 2020 I-Pace SE with a very tempting price of $25,988.
This car originally retailed for $82,085; that’s a depreciation drop of $56,097, or about 68 percent
With a solid selection of pre-owned EV deals on the market in that sub $30,000 price point, the I-Pace is probably not on the radar of most buyers, 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. Got a car buying question? Send it to Tom@AutomatchConsulting.com