My '99 XK8 convertible is my dream car, after 40 years of Jags, BMWs, Mercedes, etc. The key to happy motoring with these cars is 1) inform yourself about the issues, mainly the 4.0 liter's needs re upgraded timing chains, tensioners & water pump, and 2) have a local Jaguar specialist (not dealer) who can bring them up to standard & maintain them there. My XK8 cost me $6k in 2015 with perfect body & interior, no accidents and the engine upgrades and top hydraulic lines already replaced. After new tires, shocks, motor mounts, front brakes, mass airflow meter, valve cover gaskets, plugs & filters, she now runs & drives like new for a total all-in price of $11k. I couldn't be happier.
The look: gorgeous body designed after the classic E-type, with perfect proportions and timeless elegance. The refinement: ultra-smooth 5-speed automatic, quiet ride and aromatic leather w. fabulous polished walnut dash and console. Posh British grand touring at its best. The performance: crossing continents is what this car was designed for. With nearly 300 hp, the V8 gives all the real-world performance you could ever need. Twenty years later, the XK8 still turns heads for all the right reasons.
None come reasonably to mind. Maintenance issues are well-known and fixable. Owners who take the time to inform themselves about the model, choose carefully & are willing & able to maintain the car as it was designed should have a happy experience.
After 80,000 miles, the timing chains came off. The engine was destroyed. And the warranty had expired. Jaguar must have known about this issue -- the issue has been widely written about by other owners on the internet and my dealership stated that chains typically come loose between 80,000 and 100,000 (but a small oil leak usually leads to a repair before all timing chains come off). But no one warned me. Not Jaguar, and not my dealership. Don't be a fool. Don't buy junk.
The gorgeous shape, the guttural engine, and cornering quickly.