Shmee 675 LT - Monza, disappointing - time to step up!

Shmee 675 LT - Monza, disappointing - time to step up!

Author
Discussion

Russell996

494 posts

130 months

Thursday 22nd October 2015
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Shmee said:
And it's totally true as well, the outright depreciation cost of the 123d and S5 was bigger than the 12C and 650S. Admittedly if you take into account financing charges, and servicing it becomes a little more even, but insurance was the same on the 123d 6 years prior to what I paid on the 650S - nothing changed there due to age and experience!
I'm a fan of your videos but this simply isn't true!

Keep up the great work.

johnwilliams77

8,308 posts

104 months

Thursday 22nd October 2015
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Russell996 said:
I'm a fan of your videos but this simply isn't true!

Keep up the great work.
Bit of a bellend move to call him a liar. How do you know what he paid and sold all of the cars for?

Russell996

494 posts

130 months

Thursday 22nd October 2015
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johnwilliams77 said:
Bit of a bellend move to call him a liar. How do you know what he paid and sold all of the cars for?
Liar is a strong word - man maths! It has been posted on other forums/threads that the 650s lost £50k in 6 months and 10,000 miles.

johnwilliams77

8,308 posts

104 months

Thursday 22nd October 2015
quotequote all
Russell996 said:
Liar is a strong word - man maths! It has been posted on other forums/threads that the 650s lost £50k in 6 months and 10,000 miles.
He stated something in the video and you said it isn't true, so you're saying he is lying, i.e. a liar.

I will ask again: how do you know what he paid and lost on each of the cars?

Russell996

494 posts

130 months

Thursday 22nd October 2015
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johnwilliams77 said:
He stated something in the video and you said it isn't true, so you're saying he is lying, i.e. a liar.

I will ask again: how do you know what he paid and lost on each of the cars?
I'm not sure where you want to go with this, £50k in 6 months of daily usage of a 650s is the used market for these cars - I doubt that is news to anyone who owns one. Tim has a huge online presence and images of the cars he buys and sells are all over the place. It would be impossible to loose £50k in 6 months of owning an S5 and a 123d.

johnwilliams77

8,308 posts

104 months

Thursday 22nd October 2015
quotequote all
Russell996 said:
I'm not sure where you want to go with this, £50k in 6 months of daily usage of a 650s is the used market for these cars - I doubt that is news to anyone who owns one. Tim has a huge online presence and images of the cars he buys and sells are all over the place. It would be impossible to loose £50k in 6 months of owning an S5 and a 123d.
I don't want to go anywhere. You seem unable to answer a simple question.

Let's try again: do you know what shmee bought and sold all the cars he mentioned for?

Streetrod

6,468 posts

207 months

Thursday 22nd October 2015
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johnwilliams77 said:

Stolen from Fb. Shmee - you're one lucky mofo!
Am I noticing a colour theme here????scratchchin

anniesdad

14,589 posts

239 months

Thursday 22nd October 2015
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Shmurf Blue?

AyBee

10,536 posts

203 months

Thursday 22nd October 2015
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johnwilliams77 said:
Russell996 said:
I'm not sure where you want to go with this, £50k in 6 months of daily usage of a 650s is the used market for these cars - I doubt that is news to anyone who owns one. Tim has a huge online presence and images of the cars he buys and sells are all over the place. It would be impossible to loose £50k in 6 months of owning an S5 and a 123d.
I don't want to go anywhere. You seem unable to answer a simple question.

Let's try again: do you know what shmee bought and sold all the cars he mentioned for?
If I were to take an educated guess: Shmee's old car was listed for sale at £179k, assuming the dealer bought it from him for £170k, I very much doubt Shmee paid £220k for it since the majority of 2015 cars for sale on PH with a few k miles on the clock are under £200k. So if we assume he therefore took a £30k hit, it's perfectly plausible to me that a branch new 123d and a brand new S5 lost him more than that in depreciation. I also think he said once that he made a very small profit on his 12C taking advantage of the 12C market firming up.

Shmee

7,565 posts

214 months

Thursday 22nd October 2015
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Nobody here has any idea what deal I did on either buying or selling any of my McLarens but I can assure you I lost nothing like £30k on it, that's laughable.

cayman-black

12,650 posts

217 months

Thursday 22nd October 2015
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Shmee said:
Nobody here has any idea what deal I did on either buying or selling any of my McLarens but I can assure you I lost nothing like £30k on it, that's laughable.
Come on Shmee this is Piston heads we all have an idea.

Shmee

7,565 posts

214 months

Thursday 22nd October 2015
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cayman-black said:
Come on Shmee this is Piston heads we all have an idea.
This is true, everyone on Pistonheads is always 100% correct about everything!

To be honest when buying the 650S I didn't know where the market was going to go, but it was a deal tied up on 31st December with the same dealer I had bought and sold my 12C to (at evens) and already had my 675LT ordered with, obviously it was quite favourable, although no special Shmee support before you ask, this was direct with the dealer. I sold the 650S via an independent for commission, although I'm not sure in any of these cases it's appropriate for me to discuss the numbers more specifically.

Russell996

494 posts

130 months

Thursday 22nd October 2015
quotequote all
Shmee said:
To be honest when buying the 650S I didn't know where the market was going to go, but it was a deal tied up on 31st December with the same dealer I had bought and sold my 12C to (at evens) and already had my 675LT ordered with, obviously it was quite favourable, although no special Shmee support before you ask, this was direct with the dealer. I sold the 650S via an independent for commission, although I'm not sure in any of these cases it's appropriate for me to discuss the numbers more specifically.
Ok Tim, apologies. I have clearly drastically underestimated the discounts that are available on the 650s from McLaren dealers compared to the prices they advertise.

675LT looks stunning. smile

TartanPaint

2,989 posts

140 months

Thursday 22nd October 2015
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You don't owe anyone here an explanation. It's interesting to hear none the less, as it's not something many of us will experience though, wheelin' and a-dealin' in supercars.

johnwilliams77

8,308 posts

104 months

Thursday 22nd October 2015
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Russell996 said:
Ok Tim, apologies. I have clearly drastically underestimated the discounts that are available on the 650s from McLaren dealers compared to the prices they advertise.

675LT looks stunning. smile
Exactly. You are clueless. Opening your mouth with no clue.

mdianuk

2,890 posts

172 months

Thursday 22nd October 2015
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Good stuff Tim, can we expect a vlog on your GT4 very soon then? Maybe a collection video like the 675LT; after all, it is as deserving of one. Would be great to hear your thoughts on why you chose the GT4, obviously it is hoped to be a car that will retain strong residuals which I'm sure is very important now you have three very expensive cars.

AyBee

10,536 posts

203 months

Thursday 22nd October 2015
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Shmee said:
Nobody here has any idea what deal I did on either buying or selling any of my McLarens but I can assure you I lost nothing like £30k on it, that's laughable.
I wasn't saying you did smile merely doing a rough calculation using worst case numbers in order to prove that Russel's £50k was definitely not correct tongue out

Russell996

494 posts

130 months

Thursday 22nd October 2015
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AyBee said:
I wasn't saying you did smile merely doing a rough calculation using worst case numbers in order to prove that Russel's £50k was definitely not correct tongue out
Apologies to everyone (particularly Tim), I had wrongly assumed 13%+ discounts weren't available on used 650s offered for sale at £224,500. As I say I stand corrected. getmecoat

georgeq

110 posts

127 months

Thursday 22nd October 2015
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Is it just me or does everyone and their mom have a GT4 these days? I do wonder how many of these will be built.

johnwilliams77

8,308 posts

104 months

Thursday 22nd October 2015
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Russell996 said:
Apologies to everyone (particularly Tim), I had wrongly assumed 13%+ discounts weren't available on used 650s offered for sale at £224,500. As I say I stand corrected. getmecoat
I am just amazed someone can be so thick. You were absolutely insistent that he was talking st on something you had not the faintest clue about.