Porsche, for example, doesn't have anything like this.
As 2020 comes to a close, automakers have begun offering their usual end of year discounts, but 2020 was not exactly a normal year, putting it mildly. While automakers have experienced impressive levels of sales recovery, this won't be their best year. However, consumers are the big winners here because there are some amazing deals out there and this latest one from Jaguar is an unexpected surprise.
CarsDirect has learned Jaguar is sending current owners and a select group of past customers via direct mail a $10,000 coupon that can be applied towards a brand new 2021 Jaguar F-Type. And no, this coupon isn't for the base F-Type, but rather the V8 model. All 575 horsepower and 516 lb-ft of it. The entire F-Type lineup received a significant refresh for the 2021 model year and it's pretty amazing to see Jaguar already offering a discount as significant as this.
The new F-Type R normally carries an MSRP of $103,200 and it's also currently eligible for 0 percent interest for 72 months. Oh, and this deal gets even better. Jaguar is allowing customers to combine the $10k coupon with any other leasing or financing offer. And if you still need convincing that this is a good time to get your dream Jag, buyers can combine the $10k with what's called an "Allowance Credit" valued at $6,000, for a combined total of $16,000 in potential savings. That six-figure F-Type R is suddenly quite a bit more affordable.
There is, however, a slight catch: the 0 percent financing can't be combined with the $6k Allowance Credit.
The decision on whether to take the $6k savings or the 0 percent interest comes down to the loan rate you can get and for how many years. The entire 2021 F-Type lineup received numerous upgrades inside and out, such as new wheel designs, a revised hood, headlights, and taillights, and a 12.3-inch reconfigurable HD TFT instrument cluster coupled with a 10-inch infotainment screen.
Performance-wise, the F-Type R is capable of blasting to 62 mph in just 3.5 seconds en route to a top speed of 186 mph. For any potential F-Type R customer who's also been cross-shopping the competition, such as the Porsche 911 and/or 718 Cayman, it doesn't appear Porsche is offering a discount anywhere close to this. Jaguar's offer will expire on January 4, 2021.