The 1998 Jaguar XK8 is a grand tourer that debuted in 1996, marking Jaguar's return to a V8 engine. Available as a coupe and convertible, it succeeded the XJS. Key trims included the XK8 and the supercharged XKR. When new, pricing ranged from approximately $65,000 to $75,000. It stands out for its classic Jaguar styling, luxurious interior, and potent V8 performance, making it a popular choice for those seeking elegant motoring.
The Good
The 1998 Jaguar XK8 excels in luxurious comfort and striking design, appealing to emotional buyers. Its V8 engine offers smooth, responsive performance. While not an efficiency leader, it provides a rewarding driving experience and a sense of occasion, offering good value as a pre-owned luxury classic.
The Bad
Potential buyers of the 1998 Jaguar XK8 should be aware of potential electrical gremlins, particularly with the complex wiring harness and the timing chain tensioners, which can be an expensive repair if they fail. Rust, especially in the sills and wheel arches, is also a common concern.
1998 Jaguar XK8: Quick Overview
- Engine Options: The 1998 Jaguar XK8 came standard with a 4.0-liter V8 engine.
- Horsepower: The naturally aspirated 4.0L V8 produced approximately 290 horsepower.
- Fuel Economy: Expect around 15 MPG city and 19 MPG highway, though this can vary significantly with driving style and vehicle condition.
- 0-60 Times: For the XK8, 0-60 MPH times were generally in the low to mid 6-second range.
- Towing Capacity: The Jaguar XK8 was not designed for towing; therefore, it has no official towing capacity.
- Trim-Level Features (XK8):
- 4.0L V8 engine
- 5-speed automatic transmission
- Leather upholstery
- Power-adjustable front seats with memory
- Automatic climate control
- Premium sound system
- Alloy wheels
- Cruise control
- Power windows and locks
- Anti-lock braking system (ABS)
- Traction control
- Fog lights
- Wood interior trim
- Available in Coupe and Convertible body styles. - Key Optional Features: Heated seats, GPS navigation system, premium sound system upgrades, and premium paint finishes.
- Note: The XKR trim, introduced later, featured a supercharged version of the V8, offering significantly more horsepower (around 370 hp) and sportier suspension tuning.
1998 Jaguar XK8 Specifications
Vehicle Information
| Year | 1998 |
| Make | Jaguar |
| Model | XK8 |
| Trim | - |
| Style | Convertible |
| Type | Convertible |
| Category | Subcompact Car |
Manufacturing Details
| Made In | United Kingdom |
| Manufacturing City | BROWNS LANE |
Dimensions
| Doors | 2-Door |
| Curb Weight | 3867 pounds |
| Gross Vehicle Weight Rating | - |
| Overall Height | 51.40 inches |
| Overall Length | 187.40 inches |
| Overall Width | 72.00 inches |
| Wheelbase Length | 101.90 inches |
| Standard Seating | 4 |
Engine & Performance
| Engine | 4.0-L V-8 DOHC 32V |
| Engine Size | 4L |
| Engine Cylinders | 8 |
| Transmission | 5-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 5-Speed |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | 4-Wheel ABS |
| Steering Type | Rack & Pinion |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | $69,900 |
| Invoice Price | $61,472 |
| Delivery Charges | - |
Vehicle History Report
Vehicle
Specifications
Specifications
Ownership
History
History
All History
Events
Events
NMVTIS Title
History Check
History Check
Salvage/Rebuilt
Check
Check
Accident
Check
Check
Theft
Check
Check
Open Lien
Check
Check
Past Sale
Listings
Listings
Safety
Recalls
Recalls
Odometer
Check
Check
Market Price
Analysis
Analysis
What Problems Does the 1998 Jaguar XK8 Have?
The 1998 Jaguar XK8, like many Jaguars of its era, is known for certain reliability concerns that require vigilant attention. One of the most frequently reported and potentially costly issues revolves around the timing chain tensioners. These plastic components can degrade over time and fail, leading to significant engine damage if not addressed promptly. While Jaguar later updated these tensioners, early models are particularly susceptible. Electrical issues are also common. This can manifest as malfunctioning gauges, intermittent power to various components, or problems with the central locking system. The complex wiring harnesses are often implicated. On the mechanical side, the Nikasil-coated cylinder liners, used in early V8s, were a concern in some markets due to potential issues with high-sulfur fuels, though this was more prevalent in earlier model years and typically addressed by Jaguar. For the 1998 model year specifically, the timing chain tensioner issue is a primary concern. Rust can also be a significant problem, particularly on the sills, rear wheel arches, and subframes, especially in areas exposed to salt or moisture. Transmission issues, while less common than engine or electrical problems, can also arise with age and mileage, often related to fluid leaks or solenoid failures. Jaguar did issue recalls for various components over the years, but these would need to be checked against the specific VIN. Long-term reliability heavily depends on meticulous maintenance and prompt addressing of any emerging issues. Owners who have invested in preventative maintenance and repaired known weak points tend to have more reliable experiences.
How long will the 1998 Jaguar XK8 last?
Based on owner data and typical maintenance habits, a well-maintained 1998 Jaguar XK8 can realistically achieve between 150,000 to 200,000 miles or more. However, reaching this mileage requires diligent attention to known weaknesses. The V8 engine itself is robust if properly cared for, but the timing chain tensioners are a significant long-term vulnerability that can drastically shorten the engine's life if they fail. Electrical systems and body rust also become more prominent issues over time, demanding proactive care. Cars that have received regular oil changes with quality synthetic oil and had the timing chain tensioners addressed as preventative maintenance are far more likely to be durable. Neglected examples may face more frequent and costly repairs, impacting their longevity.
What Technology & Safety Features are Included?
The 1998 Jaguar XK8 offered a blend of comfort and convenience features befitting its luxury grand tourer status. Standard technology included an AM/FM stereo with a cassette player and an in-dash CD player, often paired with a premium sound system from brands like Alpine or Harman Kardon, delivering a rich audio experience. Automatic climate control ensured passenger comfort, while power-adjustable front seats with memory functions added to the convenience. Power windows, mirrors, and door locks were also standard. Cruise control aided in relaxed long-distance driving.
In terms of driver-assistance features, the 1998 XK8 typically came equipped with ABS (Anti-lock Braking System) and traction control, enhancing stability and control during braking and acceleration, especially in adverse conditions. While advanced driver-assistance systems as we know them today were not prevalent, these fundamental safety aids were crucial.
Optional features could include a satellite navigation system, a rare and advanced feature for its time, and heated front seats for added comfort in colder climates. The car's safety structure was designed to provide occupant protection, though official crash-test ratings from organizations like the NHTSA or IIHS for the 1998 model year are not readily available in a comprehensive format comparable to modern standards. However, Jaguars of this era were generally built with a focus on structural integrity, and they featured dual front airbags as standard. The convertible model included rollover protection, often in the form of pop-up hoops behind the headrests, which would deploy in the event of a rollover.
Overall, the technology and safety features of the 1998 XK8 were focused on providing a luxurious, comfortable, and secure driving experience rather than cutting-edge electronic driver aids. It represented the pinnacle of Jaguar's offerings for its era, prioritizing driver and passenger well-being and enjoyment.
In terms of driver-assistance features, the 1998 XK8 typically came equipped with ABS (Anti-lock Braking System) and traction control, enhancing stability and control during braking and acceleration, especially in adverse conditions. While advanced driver-assistance systems as we know them today were not prevalent, these fundamental safety aids were crucial.
Optional features could include a satellite navigation system, a rare and advanced feature for its time, and heated front seats for added comfort in colder climates. The car's safety structure was designed to provide occupant protection, though official crash-test ratings from organizations like the NHTSA or IIHS for the 1998 model year are not readily available in a comprehensive format comparable to modern standards. However, Jaguars of this era were generally built with a focus on structural integrity, and they featured dual front airbags as standard. The convertible model included rollover protection, often in the form of pop-up hoops behind the headrests, which would deploy in the event of a rollover.
Overall, the technology and safety features of the 1998 XK8 were focused on providing a luxurious, comfortable, and secure driving experience rather than cutting-edge electronic driver aids. It represented the pinnacle of Jaguar's offerings for its era, prioritizing driver and passenger well-being and enjoyment.
What Colors Options are Available?
1998 Jaguar XK8 Prices and Market Value
When new, the 1998 Jaguar XK8 had an MSRP that generally ranged from $65,000 to $75,000 depending on body style (coupe vs. convertible) and optional equipment. As with most luxury vehicles, the XK8 experienced significant depreciation in its initial years. Currently, the used market prices for a 1998 Jaguar XK8 can vary widely, typically falling between $8,000 and $20,000 for examples in good to excellent condition. Factors significantly affecting resale value include mileage, overall condition, maintenance history (especially records of timing chain tensioner replacement), rust presence, and the rarity of specific options or trims (like an XKR model). Well-preserved, low-mileage examples with documented servicing command higher prices, while those with high mileage, visible wear, or known mechanical issues will be considerably less valuable. These cars have largely depreciated to their lowest point and are now considered by many as affordable luxury classics.
1998 Jaguar XK8 Cost of Ownership
Owning a 1998 Jaguar XK8 is generally considered costly rather than economical. Insurance premiums can be higher than average for a vehicle of its age due to its luxury status and performance capabilities. Fuel consumption is also a factor, with the V8 engine averaging around 15-19 MPG. Maintenance requires specialized knowledge and parts, which can be more expensive than for mainstream vehicles. Routine service costs can add up, and the potential for significant repairs, particularly concerning the timing chain tensioners and electrical systems, can lead to substantial bills. Repair costs can be high if specialized Jaguar technicians are required. Long-term ownership demands a budget for upkeep and potential unexpected issues.
1998 Jaguar XK8 Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
19.90 gallons
City Mileage
17 miles/gallon
Highway Mileage
25 miles/gallon
1998 Jaguar XK8 Safety Rating
NHTSA
IIHS
1998 Jaguar XK8 Warranty
Basic
Original warranty
0 months / No data
Estimated remaining
Expired
Powertrain
Original warranty
0 months / No data
Estimated remaining
Expired
Rust
Original warranty
0 months / No data
Estimated remaining
Expired
1998 Jaguar XK8 Insurance
Insurance for a 1998 Jaguar XK8 is moderately priced, reflecting its status as a Convertible with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 1998 Jaguar XK8 Compare to Other Convertible?
The 1998 Jaguar XK8 competed in the luxury grand tourer segment against formidable rivals such as the Porsche 911 (996 generation), Mercedes-Benz SL500, and BMW 840Ci. In terms of performance, the XK8's naturally aspirated V8 offered smooth, strong acceleration and a comfortable ride, suitable for long distances. While its 290 horsepower was respectable, the Porsche 911 (even the base Carrera) offered superior outright performance and handling dynamics, albeit at a higher price point. The Mercedes SL500 also provided strong V8 performance and renowned build quality.
Features-wise, the XK8 was well-equipped with standard luxury amenities like leather upholstery, automatic climate control, and a premium sound system. The rivals offered comparable or sometimes more advanced technology for their time, with Mercedes often leading in safety and driver-assistance innovations. However, the XK8's interior exuded a classic, opulent charm with its wood and leather appointments, which appealed to a different sensibility than the more modern or driver-focused interiors of its competitors.
Reliability is where the XK8 faced its biggest challenge. While generally well-engineered, the known issues with timing chain tensioners and electrical gremlins made it less reliable than the typically robust offerings from Porsche and Mercedes-Benz, which often had better long-term durability records. The BMW 8 Series, while less common, also presented its own set of potential maintenance costs.
Price-wise, the 1998 XK8 offered a compelling value proposition, often being priced more affordably than a comparable Porsche 911 or Mercedes SL when new, and even more so on the used market today. This makes it an attractive option for buyers seeking European luxury without the absolute premium price tag.
Alternatives:
Features-wise, the XK8 was well-equipped with standard luxury amenities like leather upholstery, automatic climate control, and a premium sound system. The rivals offered comparable or sometimes more advanced technology for their time, with Mercedes often leading in safety and driver-assistance innovations. However, the XK8's interior exuded a classic, opulent charm with its wood and leather appointments, which appealed to a different sensibility than the more modern or driver-focused interiors of its competitors.
Reliability is where the XK8 faced its biggest challenge. While generally well-engineered, the known issues with timing chain tensioners and electrical gremlins made it less reliable than the typically robust offerings from Porsche and Mercedes-Benz, which often had better long-term durability records. The BMW 8 Series, while less common, also presented its own set of potential maintenance costs.
Price-wise, the 1998 XK8 offered a compelling value proposition, often being priced more affordably than a comparable Porsche 911 or Mercedes SL when new, and even more so on the used market today. This makes it an attractive option for buyers seeking European luxury without the absolute premium price tag.
Alternatives:
- Mercedes-Benz SL500 (R129 generation): Offers similar V8 power, legendary Mercedes build quality, and excellent long-term durability, often with more advanced features for its time.
- BMW 840Ci: A stylish and capable grand tourer with a smooth V8, but can be complex and expensive to maintain.
- Porsche 911 (996 generation): Superior performance and handling, but significantly more expensive new and used, and often less comfortable for daily driving.
- Chevrolet Corvette C5: Offers comparable performance at a much lower price point and often better reliability, though lacks the same level of luxury and refinement.
Final Verdict: Is the 1998 Jaguar XK8 a Good Convertible?
The 1998 Jaguar XK8 is ideal for the discerning enthusiast who appreciates classic automotive styling, luxurious comfort, and the allure of British motoring heritage, and who is willing to accept a higher maintenance commitment. It's a car for those who value the emotional appeal and the experience of driving a stylish grand tourer over absolute reliability. It is certainly worth buying, but strictly on the used market, as new examples are long gone. Buyers should focus on well-maintained, low-mileage examples, ideally with documented evidence of timing chain tensioner replacement. A pre-purchase inspection by a Jaguar specialist is highly recommended. While the standard XK8 offers a delightful experience, the XKR variant provides a significant performance upgrade for those seeking more spirited driving. It's a car that rewards careful ownership and can offer excellent value as a modern classic if purchased wisely and maintained diligently.