12c trade bids

[TP321]

Bispal said:

First car is £135,000, 4,000 miles and appears well but not highly specified.
Second car is £99,500, 18,000 miles, well specified but LHD
Third car is £150,000, 6,000 miles and very highly specified
Fourth car is £119,000, 19,000 miles and very low spec.

For the first car take the fourth car as a starting point and value 1,000 miles at £1,000 and that adds £15k, add better spec at £5,000 and that gives you £134,000, almost bang on the same.
Again if you take the fourth car as a starting point you can take off £10k for LHD and £14,000 mileage adjustment then that gives you roughly the price of the second car as they have a similar spec.
Take the fourth car again, add £13k for the mileage adjustment and in this case around £15k for the very high spec (carbon ceramics, full carbon interior, lightweight wheels, PPF, carbon seats and so on) that comes to £147,000, again almost bang on.

So they are not all over the place, in fact I would argue they are fairly consistent. Also a dealer cannot pass on the MCL warranty but a private seller can for just an £80 admin fee. That is worth £3,500 per year and that's why private cars are approx the same as a dealer. Age doesn't seem to have much of an impact due to the short production span and rarity (280 RHD cars).

At the moment it looks like the baseline is around £120,000 for 20,000 miles for a basic spec car and adjust accordingly from there. I would say that 6 months ago that would have been £110,000.

Tom Hatley have a RHD, 2011 for £109k with 19k miles, so why is that so cheap?

[GT4RS]

Bispal said:

GT4RS said:

Prices seem to be all over the place considering the more expensive are private sales?

http://www.pistonheads.com/classifieds/used-cars/m...

http://www.pistonheads.com/classifieds/used-cars/m...

http://www.pistonheads.com/classifieds/used-cars/m...

http://www.pistonheads.com/classifieds/used-cars/m...

First car is £135,000, 4,000 miles and appears well but not highly specified.
Second car is £99,500, 18,000 miles, well specified but LHD
Third car is £150,000, 6,000 miles and very highly specified
Fourth car is £119,000, 19,000 miles and very low spec.

For the first car take the fourth car as a starting point and value 1,000 miles at £1,000 and that adds £15k, add better spec at £5,000 and that gives you £134,000, almost bang on the same.
Again if you take the fourth car as a starting point you can take off £10k for LHD and £14,000 mileage adjustment then that gives you roughly the price of the second car as they have a similar spec.
Take the fourth car again, add £13k for the mileage adjustment and in this case around £15k for the very high spec (carbon ceramics, full carbon interior, lightweight wheels, PPF, carbon seats and so on) that comes to £147,000, again almost bang on.

So they are not all over the place, in fact I would argue they are fairly consistent. Also a dealer cannot pass on the MCL warranty but a private seller can for just an £80 admin fee. That is worth £3,500 per year and that's why private cars are approx the same as a dealer. Age doesn't seem to have much of an impact due to the short production span and rarity (280 RHD cars).

At the moment it looks like the baseline is around £120,000 for 20,000 miles for a basic spec car and adjust accordingly from there. I would say that 6 months ago that would have been £110,000.


Apologies the lhd car shouldn't of been inserted in the links!

[Bispal]

GT4RS said:

Bispal said:

GT4RS said:

Prices seem to be all over the place considering the more expensive are private sales?

http://www.pistonheads.com/classifieds/used-cars/m...

http://www.pistonheads.com/classifieds/used-cars/m...

http://www.pistonheads.com/classifieds/used-cars/m...

http://www.pistonheads.com/classifieds/used-cars/m...

First car is £135,000, 4,000 miles and appears well but not highly specified.
Second car is £99,500, 18,000 miles, well specified but LHD
Third car is £150,000, 6,000 miles and very highly specified
Fourth car is £119,000, 19,000 miles and very low spec.

For the first car take the fourth car as a starting point and value 1,000 miles at £1,000 and that adds £15k, add better spec at £5,000 and that gives you £134,000, almost bang on the same.
Again if you take the fourth car as a starting point you can take off £10k for LHD and £14,000 mileage adjustment then that gives you roughly the price of the second car as they have a similar spec.
Take the fourth car again, add £13k for the mileage adjustment and in this case around £15k for the very high spec (carbon ceramics, full carbon interior, lightweight wheels, PPF, carbon seats and so on) that comes to £147,000, again almost bang on.

So they are not all over the place, in fact I would argue they are fairly consistent. Also a dealer cannot pass on the MCL warranty but a private seller can for just an £80 admin fee. That is worth £3,500 per year and that's why private cars are approx the same as a dealer. Age doesn't seem to have much of an impact due to the short production span and rarity (280 RHD cars).

At the moment it looks like the baseline is around £120,000 for 20,000 miles for a basic spec car and adjust accordingly from there. I would say that 6 months ago that would have been £110,000.

Apologies the lhd car shouldn't of been inserted in the links!

No problem :-)

I Would be interested to know if there is any agreement with my working out of £1 per mile, £10k for LHD and £5k chunks of spec? It seemed to be the case when I was looking to buy 6 months ago and looking at these 4 cars still seems to be? If prices are up around £10k in a year and you drive 5,000 miles per year with £5,000 warranty and service costs then bar the normal running costs of any car, its virtually free motoring!

[TISPKJ]

Bispal said:

GT4RS said:

Bispal said:

GT4RS said:

Prices seem to be all over the place considering the more expensive are private sales?

http://www.pistonheads.com/classifieds/used-cars/m...

http://www.pistonheads.com/classifieds/used-cars/m...

http://www.pistonheads.com/classifieds/used-cars/m...

http://www.pistonheads.com/classifieds/used-cars/m...

First car is £135,000, 4,000 miles and appears well but not highly specified.
Second car is £99,500, 18,000 miles, well specified but LHD
Third car is £150,000, 6,000 miles and very highly specified
Fourth car is £119,000, 19,000 miles and very low spec.

For the first car take the fourth car as a starting point and value 1,000 miles at £1,000 and that adds £15k, add better spec at £5,000 and that gives you £134,000, almost bang on the same.
Again if you take the fourth car as a starting point you can take off £10k for LHD and £14,000 mileage adjustment then that gives you roughly the price of the second car as they have a similar spec.
Take the fourth car again, add £13k for the mileage adjustment and in this case around £15k for the very high spec (carbon ceramics, full carbon interior, lightweight wheels, PPF, carbon seats and so on) that comes to £147,000, again almost bang on.

So they are not all over the place, in fact I would argue they are fairly consistent. Also a dealer cannot pass on the MCL warranty but a private seller can for just an £80 admin fee. That is worth £3,500 per year and that's why private cars are approx the same as a dealer. Age doesn't seem to have much of an impact due to the short production span and rarity (280 RHD cars).

At the moment it looks like the baseline is around £120,000 for 20,000 miles for a basic spec car and adjust accordingly from there. I would say that 6 months ago that would have been £110,000.

Apologies the lhd car shouldn't of been inserted in the links!

No problem :-)

I Would be interested to know if there is any agreement with my working out of £1 per mile, £10k for LHD and £5k chunks of spec? It seemed to be the case when I was looking to buy 6 months ago and looking at these 4 cars still seems to be? If prices are up around £10k in a year and you drive 5,000 miles per year with £5,000 warranty and service costs then bar the normal running costs of any car, its virtually free motoring!

Not an exact science but don't think you are a million miles away, prices appear same as this time last year and even before that if memory serves, as with all these cars as they get older it will be buy on condition not miles but all things being equal a low owner and mileage car will command a premium.

[TISPKJ]

TP321 said:

Tom Hatley have a RHD, 2011 for £109k with 19k miles, so why is that so cheap?

Pretty much answered above but, 2011 car, 20k miles, no McLaren warranty, no carbon, no wheels, no sports exhaust, assume std interior as no pictures,no mention of number of owners, and its silver which isn't the most popular colour.

All of that said, an absolute bargain if room for a little negotiation.... especially compared to 458 at what £140k ?

[Ferruccio]

TISPKJ said:

TP321 said:

Tom Hatley have a RHD, 2011 for £109k with 19k miles, so why is that so cheap?

Pretty much answered above but, 2011 car, 20k miles, no McLaren warranty, no carbon, no wheels, no sports exhaust, assume std interior as no pictures,no mention of number of owners, and its silver which isn't the most popular colour.

All of that said, an absolute bargain if room for a little negotiation.... especially compared to 458 at what £140k ?

Not sure that TH are in the business of providing absolute bargains,
but they do price realistically,
and are in the business of buying sensibly and turning cars over at a profit.

[Bispal]

TISPKJ said:

TP321 said:

Tom Hatley have a RHD, 2011 for £109k with 19k miles, so why is that so cheap?

Pretty much answered above but, 2011 car, 20k miles, no McLaren warranty, no carbon, no wheels, no sports exhaust, assume std interior as no pictures,no mention of number of owners, and its silver which isn't the most popular colour.

All of that said, an absolute bargain if room for a little negotiation.... especially compared to 458 at what £140k ?

I just looked on the TH website. That car is very low spec (part fabric seats & trim / no carbon / base wheels), it has the aluminium interior and almost everyone wants the CF. In addition the Iris is the original version and has not been updated to Iris 2 hardware (which most have) I think that alone is £3k (ish). The rest of the spec is very low and it will probably not have a MCL warranty. If you add the Iris and warranty that's £6,500, add on the CF and full leather / alcantara interior (which almost all cars have) and you are around the £120 base value. So again it appears to be the correct price for the mileage and spec. I wouldn't devalue based on the colour as its a personal choice and someone will always want silver or a-n-other colour. So TISPKJ is correct, its a bargain as it will be one of the lowest priced cars available, there are not many with that spec and therefore that price.

Edited by Bispal on Monday 20th June 12:44

[TP321]

TISPKJ said:

Pretty much answered above but, 2011 car, 20k miles, no McLaren warranty, no carbon, no wheels, no sports exhaust, assume std interior as no pictures,no mention of number of owners, and its silver which isn't the most popular colour.

All of that said, an absolute bargain if room for a little negotiation.... especially compared to 458 at what £140k ?

Ok that makes sense....so what's wrong with this one? Very high spec

http://www.pistonheads.com/classifieds/used-cars/m...

[TISPKJ]

TP321 said:

Ok that makes sense....so what's wrong with this one? Very high spec

http://www.pistonheads.com/classifieds/used-cars/m...

I like white but not many do, interior is a love it or hate it job, 20k miles, says high spec but no exterior carbon bits, brakes nice option, no warranty, wheels nice, ........ Again if you can live with the interior a nice car for the money.

[orbtar]

TP321 said:

Ok that makes sense....so what's wrong with this one? Very high spec

http://www.pistonheads.com/classifieds/used-cars/m...

This one looks quite good value but selling isn't always easy. As with all cars, what they actually sell for is the only important part. In February I advertised my fairly high 12/12 car initially at £119k then dropped it down slightly but actually sold at £99k - this included Mc warranty for eight months and new rear tyres.

[RamboLambo]

Nice spec low mileage 1 owner cars will always command a premium but clearly the trend across a broad sample is at least prices have stabilised if not increased slightly over 18 months ago.

McLaren cars have not seen the meteoreogic increases some of the other brands have but are playing catch up as both brand recognition and demand increases.

If you are looking at s short term purchase I suggest the potential depreciation is less if the market falls but if you are looking at a long term purchase the potential appreciation is greater as these cars are quite rare in the scale of things.
eg 12C numbers are similar to the limited Ferrari 430 Scuderia.

Todays under appreciated car is possibly tomorrows classic and good buy/investment IMHO.
Despite being brought up aspiring and owning several Ferraris I have no specific brand loyalty and buy what I personally think is the best at the time.
All values aside the 12C is a terrific car only bettered and perfected by the 650S

[GT4RS]

Well specified car with sensible miles for less than 120k at a mclaren dealer.

http://www.pistonheads.com/classifieds/used-cars/m...

[anonymous-user]

GT4RS said:

Well specified car with sensible miles for less than 120k at a mclaren dealer.

http://www.pistonheads.com/classifieds/used-cars/m...

Interesting interior colour combination!

[RamboLambo]

garyhun said:

Interesting interior colour combination!

Can remember being offered exact same car 18 months ago. Nice spec but both exterior and interior colour combo put me off even going to see it. Was cheaper than other lesser spec cars at the time and I guess its the same again.

I wouldn't say it looks offensive but suggest its not everyones favourite colour. I suppose its always possible to have the chocolate brown leather dyed black or changed by a leather specialist. If it was just seats it would be straight forward but if its door cards, dashboard etc it becomes more difficult

[GT4RS]

I like the leather interior

[TVR4500cc]

Only 11 official Mclaren 650s presently for sale in the UK

All the 12c have now sold, coupe and spyder.

I think the suggested £1 per mile premium for low mileage cars is a bit steep personally, 50p I would agree with.

Shame really as my 2014 12c has embarrassingly only done 6,000 miles, still looking forward to a £100 or so depreciation either way this weekend.

4 months in now and loving the 12c, even after my 599, R8, GT3, Caterham, etc.

Ugly?? Boring?? Quiet?? Have these people seen in the flesh or better stil tried a 12c?

If a 2014 650s is a substantial step forward on a later model high spec Iris 2 12c, I need to get my £40,000 spent fast before all the 650s are snapped up too.

RamboLambo ... ... ....

[breadvan]

GT4RS said:

Well specified car with sensible miles for less than 120k at a mclaren dealer.

http://www.pistonheads.com/classifieds/used-cars/m...

A truly shocking car, I suggest everyone deletes every reference to this car, at least until I can get to Rybrook on Saturday.

[SELON]

TVR4500cc said:

Only 11 official Mclaren 650s presently for sale in the UK

All the 12c have now sold, coupe and spyder.

I think the suggested £1 per mile premium for low mileage cars is a bit steep personally, 50p I would agree with.

Shame really as my 2014 12c has embarrassingly only done 6,000 miles, still looking forward to a £100 or so depreciation either way this weekend.

4 months in now and loving the 12c, even after my 599, R8, GT3, Caterham, etc.

Ugly?? Boring?? Quiet?? Have these people seen in the flesh or better stil tried a 12c?

If a 2014 650s is a substantial step forward on a later model high spec Iris 2 12c, I need to get my £40,000 spent fast before all the 650s are snapped up too.

RamboLambo ... ... ....

Hen's teeth.

Plus they will do 300 miles from Calais to the Nurburgring on one tank of petrol. The 675LT is even more frugal by accounts.

[AyBee]

TISPKJ said:

TP321 said:

Ok that makes sense....so what's wrong with this one? Very high spec

http://www.pistonheads.com/classifieds/used-cars/m...

I like white but not many do, interior is a love it or hate it job, 20k miles, says high spec but no exterior carbon bits, brakes nice option, no warranty, wheels nice, ........ Again if you can live with the interior a nice car for the money.

I like that. A re-trim of the steering wheel in alcantara would make the interior much nicer IMO

[anonymous-user]

AyBee said:

TISPKJ said:

TP321 said:

Ok that makes sense....so what's wrong with this one? Very high spec

http://www.pistonheads.com/classifieds/used-cars/m...

I like white but not many do, interior is a love it or hate it job, 20k miles, says high spec but no exterior carbon bits, brakes nice option, no warranty, wheels nice, ........ Again if you can live with the interior a nice car for the money.

I like that. A re-trim of the steering wheel in alcantara would make the interior much nicer IMO

I like that too and agree it's just the steering wheel that needs changing.