When you hear the word Jaguar, it's like an instant passport to luxury and style – two words that go hand in hand with these iconic British motors. Jaguar is renowned for crafting sleek, stylish sports cars and premium executive vehicles that redefine comfort and luxury. Owning a Jaguar isn't just about driving a car; it's owning a piece of British motoring history, a slice of our motoring heritage.
As a Jaguar owner, you can't help but notice those wide-eyed glances and admiring looks as you navigate through towns, villages, and cities. Unfortunately, it's precisely because of the undeniable allure and top-notch quality of your Jaguar that it can become a magnet for would-be thieves. You wake up one morning, and lo and behold, your cherished Jaguar has vanished from your driveway – a nightmare no one wants to experience.
But here's the silver lining – it's precisely why we've got GAP insurance. As long as your Jaguar is under its protective wing, you don't need to lose any sleep over the haunting thought of your car being spirited away and written off. Your Jaguar deserves the best, and so do you. With MotorEasy Jaguar GAP insurance, you're not just protecting your investment, you're safeguarding your peace of mind, ensuring you can continue to revel in the sheer elegance and performance that is quintessentially Jaguar.
Why do I need Jaguar GAP Insurance?
Why is GAP insurance a must-have for your cherished Jaguar? Picture this: Last year, you went into your local dealership and drove out with a brand new Jaguar XF. You'd been dreaming about this moment for what felt like ages. The second you pulled your XF out of the dealership, you knew you'd made the right call. It was love at first drive.
As the miles rolled by, your XF became an extension of you. People in your local town recognised both your car and you as its proud owner. Life was good.
Now, let's fast forward 2 years. One night, you're tucked in bed, when you're abruptly woken up by that unmistakable purr – the sound of your beloved Jaguar's engine. There's just one tiny hiccup – you're not the one revving it up. Thieves have busted their way into your precious Jag and sped off into the night.
The next day, your Jaguar is discovered in a ditch, completely mangled and written off. You reach out to your insurance provider, only to hear that they're offering a payout that's a mere 40% of what you initially paid for the car. Why? Because, according to them, that's the current market value, and they don't see it as worth any more. Now, you're left carless and considerably lighter in the pocket.
This is precisely why our Jaguar GAP insurance was created. It acts as the bridge between what your Jag is worth today, and what a like-for-like replacement would cost, factoring in depreciation.
MotorEasy GAP Insurance offers an ingenious way to cover the disparity between your payout and the cost of a new like-for-like replacement car, allowing you to claim back the original cost of your vehicle rather than its heavily depreciated market value. Your Jaguar deserves nothing less.
To put this in financial terms, let’s imagine your Jaguar cost you £40,000 brand new. If your Jaguar is written-off or stolen three years later, you might be looking at a payout of just £14,000, assuming the value of the car has depreciated 60% in three years. Sadly, the prospect of simply buying a new replacement with your insurance payout is a non-starter.
What do I get with MotorEasy?
The moment you steer your brand new Jaguar out of that car showroom, it kicks off its not-so-welcome journey of depreciation. Year after year, your car's value takes a downward spiral, and what you shelled out for it today could nosedive by up to a staggering 60% in just its first 3 years.
But here's where MotorEasy GAP insurance comes to the rescue. We're here to take that potential nightmare scenario of your Jaguar being written off and turn it into a hassle-free, worry-free process.
Sometimes you've got to consider the worst-case scenario, even if it's not the most cheerful topic to mull over. The reality is that nearly half a million cars in the UK meet their demise every year, so taking some extra precautions to dodge that bullet is nothing short of smart.
If you're working the financing angle with a lease or a PCP arrangement, the argument for GAP insurance becomes even more compelling. A write-off could otherwise leave you stuck with a hefty load of debt, a spot you don’t want to be in.
MotorEasy GAP Insurance has your back for just about any car, as long as it's not older than 10 years or hasn't clocked more than 100,000 miles. It's your savvy, hassle-free and pocket-friendly path to kiss those worries goodbye and bask in the full glory of your Jaguar experience.
But wait, there's more. We get how precious your Jaguar is, and that's why we've lined up a bunch of benefits for you when you opt for our Gap Insurance:
- Get the keys to a FREE MotorEasy account, your backstage pass to all your car's details, vital documents, timely reminders and exclusive motoring deals.
- We're not just stopping at the gate – we'll cover up to £1000 in motor insurance excesses.
- Got some optional extras or accessories? We've got you covered, just as long as they're factory or dealer fitted.
GAP insurance - it's that crucial buffer zone designed to bridge the gap between what your insurer coughs up and the sum you need to replace your cherished Jaguar in case it takes an unfortunate write-off plunge. But what exactly constitutes a write-off, and is it worth shoring up your defences against it?
The reality is that write-offs happen more often than you might think. Each year, over half a million cars become victims of the write-off. These casualties are often a result of accidental damage, but some of them are unfortunately due to theft. With our Jaguar GAP insurance, we go above and beyond by also extending our protective shield to car theft. Car theft is responsible for a significant chunk of write-offs every year. In fact, car theft is on the rise.
Consider this: 112,174 motor vehicles vanished into thin air in the UK in 2017/18. That's a staggering 307 cars disappearing every single day. Even more sobering is the fact that this figure represents a substantial increase from previous years, marking a continued 50% surge in car theft over the last five years. It's a trend that shows no signs of slowing down, and it makes absolute sense to ensure that you're armed with proper protection, especially when you're the proud owner of a sought-after luxury car like a Jaguar.
With these sobering statistics in mind, it's reassuring to know that GAP insurance steps up to the plate, ready to shield you from the harsh financial hits of both accidental write-offs and the grim reality of your Jaguar being stolen. It's your safety net in an unpredictable world.
Getting your Jaguar Insurance quotes
Getting your MotorEasy Jaguar GAP Insurance quote is quick and easy. Our GAP Insurance page gives you all the information you need and access to a quick and easy tool that will supply you with a GAP Insurance quote in a matter of seconds.