Jaguar I PACE running on road beside river and Ice mountains

NEGATIVE EQUITY PRIVILEGE

PROTECT YOURSELF FROM NEGATIVE EQUITY IF YOUR VEHICLE IS DEEMED A TOTAL LOSS BY YOUR INSURER.

Should your vehicle be declared a total loss from collision, fire or theft, your insurer may only pay the fair market value of your vehicle. This puts you at risk for negative equity, meaning you owe more money on your vehicle loan than your vehicle is worth. What’s more, the amount paid may not be enough to purchase a replacement.

 

If you find yourself in this situation, we’re here to assist you.

 

With Negative Equity Privilege, you are eligible for an in-store loyalty credit towards a replacement vehicle*, which will help to cover the difference between your insurer’s payout and your vehicle loan balance.

 

FOR EXAMPLE:ǂ

Outstanding loan balance

$63,000

Vehicle value

$56,000

*In-store loyalty credit

$7,000

 

Negative Equity Privilege is available on all makes and models within six model years and must be purchased within seven days of the purchase date of your vehicle.

NEGATIVE EQUITY PRIVILEGE Illustration
Jaguar F pace running on city road

THEFT EVENT PRIVILEGE

If your Jaguar is stolen and not recovered, you’re eligible to get a fixed in-store loyalty credit that can be applied to the purchase price of your replacement vehicle.


 

European model shown.
Jaguar total and partial loss event privilege

TOTAL AND PARTIAL LOSS EVENT PRIVILEGE

Whether your insurer declares your Jaguar vehicle a total or partial loss, you may receive an in-store loyalty credit on your next Jaguar vehicle.

Contact your local Jaguar Authorized Retailer to find out more about the Jaguar Protection Program.
LOCATE A RETAILER
GET A QUOTE

*Refer to your actual terms and conditions governing membership in-store loyalty credit.

 

ǂProduct summaries and graphs are provided for informational purposes. Ask your Jaguar Authorized Retailer for actual terms and conditions governing membership privileges.