Jaguar has revealed its all-new XF Sportbrake estate, which is set to take on the likes of the BMW 5 Series when it arrives this summer.

Priced from £34,910, the model is on sale now with five powertrain options available ? four diesel and one petrol ? shared with the saloon.

The starting price is £2,610 more than the base XF saloon; however, it undercuts the 5 Series Touring by £3,475.

The diesel variants consist of the 2.0-litre unit offered in three power guises – 163hp, 180hp and 240hp – as well as a more powerful 300hp 3.0-litre motor.

The sole petrol model, meanwhile, is powered by a 250hp 2.0-litre unit.

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The engines can be mated to either a six-speed manual gearbox or an eight-speed automatic unit, while the middle and third diesel units can be optioned with a four-wheel drive system.

The base diesel engine is the most frugal, with claimed CO2 emissions of 118g/km, placing it in the 25% 2017/18 benefit-in-kind (BIK) tax bracket. It returns 62.8mpg, while the middle diesel unit emits 120g/km of CO2, placing it in the 27% BIK bracket.

Jaguar was meant to reveal the XF Sportbrake at the Geneva motor show in March, but its debut was put back due to production and design delays.

Inside, boot space is rated at 565 litres rear seats up/1,700 litres down – that’s five litres less (seats up) than the 5 Series and identical seats down. That amounts to 25 and 815 litres up respectively compared with the XF saloon.

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The British carmaker claimed the new model “sets new standards for practicality”, with Jaguar adding that the Sportbrake builds on the success of the saloon, most recently facelifted earlier this year.

“The award winning Jaguar XF is already established as the most dynamic saloon car in the business segment,” said Nick Collins, Jaguar XF vehicle line director. “With the addition of the Sportbrake, we’re adding space and usability to the existing fun-to-drive package.  And with super clean Ingenium engines mated with all-weather traction, we have developed a car to appeal to customers who want an efficient premium estate with low ownership costs.”

From a design perspective, the Sportbrake features XF cues at the front, including daytime running lights, but most of the differences to the saloon are at the rear, with various cues taken from the F-Pace SUV and F-Type sports car.

Inside, the Sportbrake can be optioned with a 12.3in instrument cluster and 10in central touchscreen for what Jaguar calls “the ultimate long-haul comfort”.

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New features, meanwhile, include the Cabin Air Ionisation system, which claims to maintain air freshness inside the vehicle. The Sportbrake also features one of the industry’s largest panoramic sunroofs, which Jaguar says “is the automotive equivalent of flying business class”; it can be opened and closed by the driver using hand gestures.

Hand gestures can also be used to open and close the tailgate, while customers can also pre-set height limits for the boot, reducing the likelihood of the boot hitting the roof in areas with restricted height clearances, such as a multi-storey car park.

The XF Sportbrake features a number of advanced driver assistance systems, including autonomous emergency braking, lane departure warning and lane-keep assist.

The adaptive cruise control system also features a tool that makes driving in heavy traffic easier, thanks to technology which allows the vehicle to maintain a sensible distance to the vehicle in front. Called Queue Assist, once the car in front moves again, enables the XF to track the vehicle in front.