Jaguar XK makes its Manheim auction debut

One of the most exciting new cars of 2006, the Jaguar XK, made its used debut in a special closed sale held by Manheim last week at Berkeley Castle in Gloucestershire. Underlining the importance of this sale, nearly 70% Jaguar’s UK dealers were represented at the auction to bid for and buy 12 stunning used examples of the new XK plus 62 other Jaguar models.

All the XKs were snapped up with star performers including a 2005 XK 4.2 Coupe in Liquid, having covered 3,000 miles selling for £62,000 and an 8,000 mile Convertible in Ultraviolet which made £64,000.

The Jaguar sale also showcased Manheim’s latest theatre style, visual technology, which allowed dealers to view still and moving images of the Jaguar models on large plasma screens in the sale room. Only the new XKs were physically on view at Berkeley Castle, with all other lots displayed through the new imagery medium.

All 74 cars were sold on the day, totalling nearly £2 million and achieving an average CAP clean value of 111%. These included an X-Type 2.0 SE Petrol 4dr in Platinum with 9,000 miles on the clock, which sold for 127% of its CAP clean value and a 11,000 mile Satin Silver XKR Convertible which sold for 115% of CAP Clean.

Nick Speed, Used Car Sales Manager, Jaguar commented, “The reaction to the sale has been fantastic. The essence of the XK has really been captured using advanced new technology exhibited by Manheim and the historic surroundings of Berkeley Castle which combined to create a fabulous atmosphere for this special event.”

Sarah Pepworth, Manheim’s Sales Director for manufacturers added, “This special sale and the new XK debut was a great platform to launch our unique on-screen auction technology. The feedback from Jaguar and their dealers has been extremely positive and we are already planning a series of similar events in the near future.