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Ecodrive Daily > Electric cars > Jaguar starts offering 0% financing on I-Pace to boost EV sales
Electric cars

Jaguar starts offering 0% financing on I-Pace to boost EV sales

March 19, 2025 3 Min Read
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Jaguar dealers are offering whopping $20,000 discounts on the I-Pace EV
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The gross sales of the Jaguar I-Tempo, the British automaker’s first all-electric automobile, haven’t been sturdy within the US, however the automaker is now providing 0% financing on the I-Tempo as a particular restricted supply to spice up gross sales of the all-electric automobile.

Jaguar’s I-Tempo is seeing a gradual ramp-up.

There are some European markets the place the electrical crossover is dong effectively, however it’s gradual total.

Final yr, Jaguar delivered about 6,500 I-Tempo SUVs in Europe in the course of the first 9 months of gross sales of the all-electric automobile.

Commercial – scroll for extra content material

Within the US, the automobile solely had a couple of months of gross sales in 2018 and Jaguar delivered about 400 items.

2019 began very gradual for the I-Tempo with solely simply over 1,000 gross sales globally.

At this level, it’s nonetheless unclear if it’s an issue of manufacturing constraints or if it’s on the demand facet, however Jaguar is introducing a brand new incentive to assist demand within the US.

Jaguar introduced that they’re now providing 0% financing APR for twenty-four to 60 months on all variations of the I-Tempo. Right here’s what they wrote concerning the supply:

“All new 2019 Jaguar I-PACE fashions eligible for financing on the APR proven for well-qualified consumers as decided by accepted lender. Funds per thirty days per $1,000 financed, no matter quantity of down fee, might be as little as $16.67 at 0% for 60 months. All quantities proven are estimates. Retailer units precise quantities. Provides are restricted. Taxes, title, license and charges excluded. Residency restrictions apply. Buyer should take new automobile supply from retailer inventory by 4/1/2019.”

The supply is operating till the tip of March and it’s depending on provide at Jaguar dealerships.

See also  BMW Charging adds Shell charger access for EV drivers in North America

You’ll be able to examine along with your native Jaguar seller for I-Tempo stock and inquiry concerning the deal.

Electrek’s Take

I’m perplexed about Jaguar I-Tempo gross sales. I knew that manufacturing could be considerably restricted, however I assumed it could be larger 6 months into manufacturing.

In our Electrek Assessment of the Jaguar I-Tempo, we famous that the automobile is gorgeous nevertheless it has some points, like charging, effectivity and the person interface.

Regardless of these points, I believe the I-Tempo ought to promote comparatively effectively based mostly on its efficiency and design alone.

I believe it is going to be attention-grabbing to comply with the gross sales of the I-Tempo over the following few months, particularly as new electrical autos hit the market, like Audi e-tron and the Mercedes-Benz EQC.

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Jaguar confirms all-electric I-Pace starting price of $69,500 in the U.S.

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