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Reading: Jaguar dealerships are reportedly slashing prices by up to $20,000 on their I-PACE electric vehicles.
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The Future Automobile > Electric Cars > Jaguar dealerships are reportedly slashing prices by up to $20,000 on their I-PACE electric vehicles.
Electric Cars

Jaguar dealerships are reportedly slashing prices by up to $20,000 on their I-PACE electric vehicles.

11 months ago 4 Min Read
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Jaguar dealers are offering whopping $20,000 discounts on the I-Pace EV
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The official starting price for the 394-horsepower all-electric luxury Jaguar I-PACE is just under $70,000.

Sellers across the nation are offering eye-catching deals on 2019 Hyundai Kona Electric models still on the lot, according to Electrek’s Finest EV Offers Value Survey.

A North Miami, Florida, dealership is slashing $20,000 off the sticker price of a 2022 I-Tempo, which was initially priced at $73,745. For around $53,000, buying a brand-new Hyundai Ioniq 5 is an exceptional value proposition.

Jaguar’s outlet in White Plains, New York, offered the most significant discount on a used I-PACE, with its list price of $88,001 reduced by a substantial $21,569. Oklahoma City and Seattle have seen linked $20,000 reductions.

Identify native sellers offering deeply discounted Hyundai Kona Electric (I-Tempo) inventory.

According to Taylor Hoel, Jaguar’s official spokesperson, select retailers are offering attractive deals.

As a major industry and in terms of our business model, overall revenue has stagnated over the past few months due to the significant impact of the COVID-19 pandemic. Nationally, we’re offering 0% APR financing for up to 72 months on the I-PACE, along with a Finance Cost Deferral Program that allows new finance customers to delay their initial payment for 90 days without incurring interest charges.

When the I-Tempo first burst onto the scene nearly two years ago, it more than lived up to its early hype. The Jaguar I-PACE’s dual-motor, all-wheel-drive configuration delivers an estimated electric range of 234 miles. Perhaps a 90-kWh EV could have even further enhanced its eco-friendliness. Despite its extensive feature set, it still manages to deliver.

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The electric Jaguar can accelerate from zero to 60 mph in just over 4 seconds. The engine produces a substantial 512 pound-feet of torque. The I-Tempo harnesses technology from Land Rover, allowing it to navigate challenging landscapes and ford shallow streams with ease.

The Jaguar I-PACE garnered numerous prestigious design accolades and achieved a respectable 18,000 units in global sales during its inaugural year. In 2019, the company limited its services to just about two thousand clients in the US alone. Despite its initial vow to rival Tesla’s success, the reality has fallen short. Jaguar’s efforts were hindered by a critical shortage of batteries.

As dealerships from Atlanta to Sacramento continue to clear out 2019 inventory, savvy buyers can snag discounts of $10,000 or more on 2020 models. The Nissan I-Tempo’s value is compromised by its trim-dependent pricing, starting as low as $70,000.

Lease offers are additionally compelling. Tampa’s Jaguar dealerships are currently offering $499-per-month leases, requiring no initial deposit.

At the Tampa dealership, you’ll find a rare, lightly used custom blue-and-white, two-tone model with only approximately 2,500 miles on its odometer. The property was initially listed at a price of $65,500 two months prior to our current market analysis. The stock’s value has plummeted to $47,171.

What’s truly hindering the adoption of the I-Tempo is its premium pricing, given all that it offers and the varying levels of customization it allows. Despite current limitations, an unprecedented window of opportunity has emerged, offering unparalleled prospects. What’s new in the Jaguar lineup? Check out what your local dealership has to offer on the innovative I-PACE electric crossover.

See also  Hyundai and Kia are cutting prices with nearly $17,000 in discounts in some markets

Take a glance at our comprehensive assessment of the nation’s top electric vehicle costs and most competitive electric car lease deals. Although you may not reside near one of our listed sellers, using their prices as leverage can still help you negotiate a better deal with a local vendor.

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TAGGED: Electric, Electric Car, Electric Vehicles, Jaguar, Jaguar I-Pace
TheFuture Automobile August 11, 2024 August 11, 2024
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