Nothing purrs quite like a Jaguar. The renowned luxury manufacturer has always focused on thrilling performance, which comes at a price. The automaker’s entry-level vehicle is typically more expensive than that of brands like Audi and Genesis. That remains true with the 2021 Jaguar E-Pace, which is now the company’s most affordable model for the upcoming model year.

Jaguar recently discontinued the XE in the United States. This sedan previously served as Jaguar’s cheapest model, with a starting MSRP of $39,990. Poor sales in North America ultimately led to its demise; however, it does continue to live on elsewhere.

The 2021 Jaguar E-Pace fills the void left by the XE in a different capacity. This subcompact SUV still offers athletic driving dynamics, but it’s also quite versatile. Jaguar likely sees the E-Pace as a more suitable entry-level car, as SUVs have overtaken sedans in the automotive industry.

What’s the least amount of money you can pay to get into a brand-new Jaguar? Let’s take an in-depth look at how much the 2021 Jaguar E-Pace costs and what it offers compared to the rest of the manufacturer’s lineup.

Jaguar breaks the barrier

Retailers have always used pricing gimmicks with their products, and the outgoing 2020 Jaguar XE was a prime example. Jaguar priced the sedan’s base trim $5 under the $40,000 mark. It may not seem like much, but the difference between seeing a three and a four can have an incredible psychological impact on prospective buyers.

This reasoning is why the starting MSRP of the 2021 Jaguar E-Pace is so significant. At $40,995, the E-Pace P250 AWD sets a milestone of sorts. This price is several thousand dollars higher than many rival subcompact SUVs. For instance, the 2021 Audi Q3 has a starting MSRP of just $36,000.

Does this mean the 2021 E-Pace is overpriced? While the E-Pace isn’t great on value, it’s not a lackluster vehicle. Jaguar tends to pack its cars with impressive driving dynamics that separate its models from other luxury manufacturers.

What does the 2021 Jaguar E-Pace to offer?

This luxury subcompact SUV adds a kick to your daily commute. Its standard 2.0-liter turbocharged four-cylinder delivers 246 hp, and it works in tandem with an all-wheel-drive system and a nine-speed automatic transmission. Meanwhile, its recently enhanced chassis and driveline provide excellent handling.

Those who seek even more power can choose the E-Pace 300 Sport. This performance crossover has a souped-up version of the 2.0-liter turbo engine that kicks out 296 hp.

You’ll find cutting-edge technologies throughout the interior of the 2021 Jaguar E-Pace. It comes with an 11.4-inch touchscreen display that utilizes Jaguar’s latest Pivi Pro infotainment system. Other features include a wireless mobile device charger, a driver drowsiness monitor, and an available rearview mirror camera.

Is the E-Pace the best value in Jaguar’s lineup?

Those who want to experience a Jaguar without paying top dollar will feel at home in the 2021 E-Pace. This subcompact SUV is an excellent blend of exciting driving dynamics and everyday practicality. However, it isn’t the ultimate Jaguar.

The automaker’s most popular model is the Jaguar F-Pace, which starts at $49,995. This midsize SUV is more spacious and powerful than its little brother. The 2021 Jaguar F-Pace has three powertrain options, delivering 246, 335, and 395 hp.

Jaguar’s most affordable sedan is the XF, starting at $43,995. Those who enjoy a car’s agility rather than that of a large-bodied SUV might find the XF to be a better entry point in the Jaguar lineup. Like the E-Pace, the 2021 Jaguar XF has the option of a 246- or 296-hp turbo engine. However, it utilizes a rear-wheel-drive system rather than AWD.

Meanwhile, the 2021 Jaguar F-Type is built for adrenaline junkies, and it starts at $61,000. This coupe has three powerful engine options – a 296-hp turbocharged four-cylinder, a 380-hp supercharged V6, and a 575-hp supercharged V8.

Finally, the 2021 Jaguar I-Pace is an eco-friendly option for environment-conscious drivers. This all-electric vehicle achieves an EPA-estimated range of up to 234 per full charge. Just because an EV doesn’t mean it’s not exciting. The I-Pace is an excellent hatchback that delivers more thrilling performance than most of its competitors. Pricing is not yet available.