Jaguar is popular choice in used car market

At a recent auction, 13 Jaguar models sold strongly, including cars such as the 1954 Jaguar XK120 Drophead Coupé (DHC) which was originally estimated to sell for about £40,000 but sold for £67,000.

The 1977 Jaguar XJ6 Coupe also impressed when it comes to used car sales by selling for £6,000.

After a number of years of low sales, the most recent range of Jaguar cars, including the XK coupe, XF saloon and luxury XJ saloon, have revitalised the brand, leading to a number of international awards and a growing popularity for everything Big Cat-related.

A spokesperson for the auction said there was ‘a seeming surge in interest amongst first-time-buyers’ for Jaguar before adding: “It was no surprise to see a number of popular, low-cost, usable classic cars find new homes”.

But it’s not just the old historic cars that attract the attention of used car buyers with Augusts’ 2010 used car figures showing an increase in sale prices, indicating high demand, for both Sports and Luxury Executive Jaguar cars.

According to used car experts CAP, both sports cars and luxury models have increased in price in the past 12 months, showing demand for the sectors remains strong.

With cars such as the Jaguar XK sports car and the Jaguar XJ and Jaguar XF Luxury executive going up in price on the used market, it proves that people want to buy Jaguar cars.

This is good news for Jaguar owners, who will see higher residual values for new Jaguar cars as demand for the British-based brand rises.