SA’s Hellishly Expensive 2020 Car of the Year: What it Costs to Buy and Maintain the Jaguar I-Pace
The all-electric Jaguar I-Pace may have won the 2020 Car of the Year award but it won’t be winning any prizes for economy.
Along with a hefty price tag, the luxury SUV is hellishly expensive to maintain.
South African prices for the Jaguar I-Pace
South Africans with more than R1.5 million to spend on a set of wheels have a choice of three I-Pace trim grades:
- S – R1,687,200
- SE – R1,745,400
- HSE – R1,820,900.
Those looking for a more exclusive vehicle can opt for the top-of-the-range First Edition model that tips the scales at R1,920,700.
2020 Kinsey Report: massively expensive parts for the Jaguar I-Pace
The Kinsey Report is an annual report that delves into the costs of running and maintaining a vehicle in South Africa.
It bases its affordability ratings on the prices of parts required to service and repair popular makes and models.
This year, an independent report was generated focussing on the component prices of the finalists of the 2020 Car of the Year award.
We’ve ranked the total costs attributed to each finalist from highest to lowest:
- Jaguar I-Pace – *R913,272
- BMW 5 Series – R387,993
- Mercedes GLE – R365,855
- BMW 3 Series – R252,838
- Toyota Supra – R217,634
- Ford Ranger Raptor – R215,503
- Peugeot 5008 – R159,112
- Mazda 3 – R148,291
- Toyota RAV4 – R132,474
- Toyota Corolla Hatch – R131,294
- Suzuki Swift Sport – R130,111
- VW T-Cross – R127,201
- Citroën C3 Aircross – R102,249
- Hyundai Atoz – R66,189
*Jaguar South Africa has noted that the 2020 Kinsey Report stated the cost of an entire replacement battery for the Jaguar I-Pace – but that this would be an unlikely scenario.
An I-PACE battery comprises 432 lithium-ion cells inside 36 individual modules. In the event of diminished capacity or failure, it’s likely that only an individual module, rather than the entire battery, would have to be replaced.
Also, the I-Pace is currently offered with a battery warranty of eight years or 160,000 kilometres, whichever comes first. Costs of battery repair would be covered within that time frame.
Charging the Jaguar I-Pace: what’s involved?
The I-PACE can be charged via any household three-prong wall socket. However, the preferred charging method is via an approved Jaguar wall box.
Home wall box installations are included in the purchase price of the car.
It takes approximately 13 hours to recharge the 90 kWh battery.
Depending on the current rate of electricity, that translates to a regular outlay of between R270 and R315 to achieve the 470 km range quoted by Jaguar.
That’s the only expense that compares favourably to the running costs of petrol- and diesel-powered vehicles.
Award-winning features of the I-Pace
What does the price tag deliver in terms of luxury features?
Besides a spacious interior, electric power-assisted steering and elevated ride height, it’s the on-board technology in the Jaguar I-Pace that’s most notable.
Touch-enabled 2D and 3D navigation, an interactive driver display and a touchscreen smartphone pack ensures you’re always connected and up to speed with the real-time road data required for a safe and trouble-free journey.
Remote control of the pre-conditioning system via the Jaguar app ensures cabin conditions are always optimal.
Misjudge the battery capacity – or fail to find a vehicle charging station in time – and the app transmits diagnostic data and the vehicle’s location to expedite roadside assistance.
In terms of safety, the I-Pace is well equipped with standard driver-assistance features that include driver-condition monitoring, lane-keep assist, emergency braking and a 3D-surround camera.
There’s even an external sound system to warn pedestrians of the vehicle’s silent approach.
What Pawn My Car offers
We can’t offer you SA’s 2020 Car of the Year, but when you’re in need of funds, we can process a vehicle-backed loan within 24 hours.
All that’s required on your part is a fully paid-up vehicle, together with proof of ownership.
Once we’ve appraised the market value of your car, and you’re happy with the amount of money we’re prepared to lend you, the funds are transferred into your account.
We do, of course, store your car in a secure lock-up facility until the loan, plus interest, is paid back in full.
With Pawn My Car, you can use a car, bakkie, truck or boat that’s in your name to secure a loan quickly and easily, with no delays or laborious paperwork. For more information, contact us on 086 172 9648 or simply complete and submit our online application form.