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Jaguar's 2004 lineup of British-inspired luxury is led by an all-new version of their flagship XJ sedan. Maintaining Jaguar's styling traits, the 2004 XJ sedan is far from being traditional in terms of technology. Aluminum construction for the body and frame results in a lighter structure for the updated Jaguar XJ that functions with a base 294-horsepower, 4.2-liter V-8 engine paired with a six-speed automatic transmission. With the top model presented with a noticeably smaller manufacturer retail price for 2004, the Jaguar X-Type all-wheel drive sedan presents a better value as an entry-level luxury market. For 2004, the Sport Package is dropped for 2.5 model but retained on the X-Type 3.0. Jaguar has prepared a special limited production Portfolio version of the XKR. Only offered with the convertible model, the 2004 Jaguar XKR Portfolio is offered in red or blue accompanied by a matching interior color.