It won't be quite such a drain on the checking account to hop into a Jaguar F-Type for the 2017 model year. The 2017 F-Type Coupe will start at $62,395 (after the $995 destination charge), which is $3,600 less than the 2016. Jag will also give the convertible a $2,700 price cut to begin at $66,395.

Drivers won't really be giving up amenities with either of these. Both entry models will use the company's supercharged 3.0-liter V6 making 340 horsepower and a six-speed manual transmission. They'll come with partially electric six-way adjustable seats and a fixed metal roof for the coupe. New standard features will include a valet mode, solar attenuating windshield glass, and the brand's EliteCare warranty with five-years/60,000 miles of complimentary scheduled maintenance. The vehicles also still pack navigation and a surround sound stereo system.

The 2017 F-Types will arrive at dealers in late spring 2016. The move to cut prices follows on Jag's decision in September to slash the cost of the XF 35t by over $5,200.

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THE 2017 JAGUAR F-TYPE

• 2017 Model Year F-TYPE lineup to include new $61,400 1 F-TYPE Coupe and new $65,400 1 F-TYPE Convertible entry models, reducing available cost of entry to the sports car family by $3,600 and $2,700 respectively

• Standard Best-in-Class Jaguar EliteCare Ownership Package 2 Featuring New Vehicle Limited Warranty, Roadside Assistance, Jaguar InControl® Protect & RemoteTM and the Longest Complimentary Scheduled Maintenance Package of any Luxury Brand in the Market

(Mahwah, N.J) – November 12, 2015 – Jaguar North America today announced it will expand the price range of the F-TYPE lineup in the U.S. for the 2017 model year to include new entry-level coupe and convertible models which lower the introductory price of the F-TYPE Coupe & Convertible to $61,400 1 and $65,400 1 respectively.

The 2017 line-up of Jaguar sports cars will continue to consist of the F-TYPE, F-TYPE S and the range topping F-TYPE R. The addition of a new entry price level for 2017 Jaguar F-TYPE builds upon the pricing realignment strategy announced as part of The Next Generation of Jaguar for the 2016 model year in which an improved competitive value position was brought to market through a combination of new entry priced models, increased standard equipment and lower MSRPs that all help the brand target the heart of the luxury market.

The new entry model F-TYPE will feature a supercharged 340-hp 3.0L V6 mated to the 6-speed manual transmission. Entry models with rear-wheel drive and Quickshift automatic transmission configurations will also be available. The new derivatives come standard with a fixed metal roof in the coupe configuration and a new 6-way adjustable partially electric seat, as well as new standard features such as a valet mode and solar attenuating windshield glass. On an equipment adjusted basis, this new model represents an overall savings of about $1,700 over the previous model year F-TYPE and gives customers a new lower price point for getting into the vehicle.

The F-TYPE continues to come standard with important features such as the MeridianTM 770W surround sound audio system, navigation, SiriusXM® Satellite Radio, leather and suedecloth finished sport seats and Jaguar InControl® AppsTM. Further options can be outfitted on F-TYPE models individually or with a new Premium trim/option package.

Building on the expanded product line-up and more competitive pricing, every 2017 model year F-TYPE and all 2017 Jaguar models will come standard with Jaguar EliteCare coverage for added peace of mind. First announced for the 2016 model year, Jaguar EliteCare is a best-in-class 2 ownership package offering a new vehicle limited warranty with complimentary scheduled maintenance, roadside assistance and Jaguar InControl® Protect & RemoteTM for five-years or 60,000 miles – whichever comes first.

The 2017 Jaguar F-TYPE will be available in U.S. showrooms late Spring of 2016.

1 All prices shown are Manufacturer's Suggested Retail Price. Excludes $995 destination/handling charge, tax, title, license, and retailer fees, all due at signing, and optional equipment. Retailer price, terms and vehicle availability may vary. See your local authorized Land Rover Retailer for details.

2 Class is cars sold by luxury automobile brands and claim is based on total package of warranty, maintenance and other coverage programs. For complete details regarding Jaguar EliteCare coverage, please visit JAGUARUSA.COM, call 1.800.4.JAGUAR or visit your local Jaguar Retailer.

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