Both 2019 and 2020 models are being offered with serious discounts.
The sexy Jaguar I-Pace is not only one of the most award-winning SUVs ever, following Tesla's recipe of addictive performance blended with a stylish design, but it'd be desirable whether or not it had a powerful electrified powertrain. Now, owning an I-Pace just got even more appealing thanks to some massive dealer discounts of over $20,000 in some cases.
According to Electrek, for instance, an I-Pace that initially carried a price of $73,745 at a North Miami dealer is now selling for around $53,000, which is remarkable value for the electric crossover and matches the starting price of Tesla's smaller SUV, the Model Y. The discounts come after 18,000 I-Paces were sold globally in 2019, far below that of Tesla's numbers.
In White Plains, New York, an I-Pace had its price slashed by $21,569 for a model that was originally listed at $88,001. In areas like Seattle and Oklahoma City, similarly huge discounts are available. These savings are applicable to 2019 I-Pace models, but 2020 models can be had at big savings of around $10,000. Covid-19's negative effect on auto sales has clearly motivated these discounts, with other manufacturers like Cadillac making similar moves with the CT6-V sedan.
"As an industry and as a brand, sales have slowed down over the last few months as a result of the Covid-19 pandemic," said a Jaguar spokesperson by the name of Taylor Hoel. "Nationally on [the] I-Pace, we are promoting 0% APR for 72 months and a finance payment deferral program which allows new finance customers to defer their first payment for 90 days."
Customers interested in leasing the I-Pace are in luck as well, with a Tampa-based Jaguar dealership offering a $499/month deal with no down payment. The discounts on offer address one of the few downsides to the I-Pace - its high price, something which the CEO of Jaguar Land Rover addressed last year.
In most other aspects, Jaguar's electric SUV is a hit. It looks stunning inside and out, it's plenty fast thanks to nearly 400 horsepower, and it feels more luxurious inside than a Tesla. If it's been on your shortlist for some time, now is as good a time as any to take the plunge.