The Jaguar XK8 replaced the XJS in the 1997 model year. The XK8 was available as a 2+2 coupe and convertible in a single trim level. It was equipped a new 4.0 litre Jaguar AJ-V8 engine that developed 290-hp and was driven by a 5-speed automatic with dual-mode shifter. From 2003, the engine was replaced by the 4.2 litre AJ34 engines. The XK8 shared its platform with the Aston Martin DB7. Production stopped in 2006 replaced by the Jaguar X150.
The XK8 was electronically limited to a maximum of 155.4 miles per hour (250.1 km/h). It came standard with 17" alloy wheels, while 18", 19", and 20" wheels were available as options, as was a navigation system, self-leveling xenon headlamps and Jaguar's Adaptive Cruise Control. The interior was all leather with burl walnut trim, and side airbags.