The phrase denotes the act of transferring possession of a Jaguar car in trade for financial compensation. This transaction entails the present proprietor relinquishing rights to the car, whereas the customer assumes possession and duty. An instance could be a person promoting their used Jaguar XJ on the market on-line, detailing its specs and asking worth, with the intention of finishing the sale to an social gathering.
The importance of this motion lies in its potential to unlock capital from a depreciating asset. Advantages for the vendor embody liberating up monetary sources for different investments or wants. Traditionally, the method of promoting high-value gadgets like vehicles has advanced from non-public agreements and categorised advertisements to embody on-line marketplaces {and professional} dealerships, every providing various ranges of comfort and potential return.
