Ferrari 458 Italia oversupply?
Discussion
JFIVE said:
I think MP4's have found their feet at around 140, whilst I love the Spider - I think they will find their price in the 170's
I have to agree, similar age MP4's are 20/30k less than the 458, same should apply to spider IMO200k+ 'mass produced' sports cars are new ground & I for one believe they will depreciate quite heavily in the first 12/24 months...
.R11ysf said:
How much is it? Surprisingly there are 2 other Spiders in the classifieds for sale both with under 500 miles on each.
So are people really burning £600 per mile or were they buying them well under list to start with? Or are the problems still not solved and owners are getting frustrated.
Something doesn't add up to me
Yes, your maths! So are people really burning £600 per mile or were they buying them well under list to start with? Or are the problems still not solved and owners are getting frustrated.
Something doesn't add up to me
£600 x 500 miles = £300k. I don't think he has lost that much yet!!
Jaykaybi said:
APOLO1 said:
Intresting Times, My 12C-SP 500 Miles, 30k Behind list and not a phone call, 
No comment to add other than 'that's bloody gorgeous'Is it a coincidence that a few of the independent high end dealers don't have any McLaren's in stock ? Hartley, Bramley, Macari none of them have one....you'd think an MP4-12C would be the kind of car that they'd have ?
Cheib said:
It really is fantastic.
Is it a coincidence that a few of the independent high end dealers don't have any McLaren's in stock ? Hartley, Bramley, Macari none of them have one....you'd think an MP4-12C would be the kind of car that they'd have ?
Trouble is that its an unknown quantity, many dealers would only SOR this car in fear of getting burnt.Is it a coincidence that a few of the independent high end dealers don't have any McLaren's in stock ? Hartley, Bramley, Macari none of them have one....you'd think an MP4-12C would be the kind of car that they'd have ?
I would love a coupe at 120/125k but at 145/150k its too close to 458 money IMO...
for me then 
APOLO1 said:
Intresting Times, My 12C-SP 500 Miles, 30k Behind list and not a phone call
I'm sorry to hear this. When a customer has supported the manufacturer by forking out £200k+, the least that manufacturer can do is take responsibility and bear the brunt of some of the excessive depreciation because, quite simply, the product is overpriced. McLaren has accepted its cars are overpriced in the Australian market and slashed prices by 20% price. Since the dealer is trying to sell the car on your behalf and will hopefully try to get the best price, McLaren should split the cost of depreciation with you. I don't think that's unreasonable and it will give the market more confidence in these cars. If the guys at McLaren are serious about the P13 being a contender in the 911 Turbo market, they'd better think again and pull their collective fingers out. Based on McLaren's performance so far, I don't see it working. I had a deposit for an early 12C but withdrew after suffering excessive depreciation with an SLS; I haven't bought another Mercedes or from that dealer since. Unless McLaren takes action to support its customers, I won't consider buying a new McLaren either.
Sierra Mike said:
I'm sorry to hear this. When a customer has supported the manufacturer by forking out £200k+, the least that manufacturer can do is take responsibility and bear the brunt of some of the excessive depreciation because, quite simply, the product is overpriced. McLaren has accepted its cars are overpriced in the Australian market and slashed prices by 20% price. Since the dealer is trying to sell the car on your behalf and will hopefully try to get the best price, McLaren should split the cost of depreciation with you. I don't think that's unreasonable and it will give the market more confidence in these cars. If the guys at McLaren are serious about the P13 being a contender in the 911 Turbo market, they'd better think again and pull their collective fingers out. Based on McLaren's performance so far, I don't see it working.
I had a deposit for an early 12C but withdrew after suffering excessive depreciation with an SLS; I haven't bought another Mercedes or from that dealer since. Unless McLaren takes action to support its customers, I won't consider buying a new McLaren either.
If McLaren start writing huge cheques every time an owner can't find a buyer at a price they like, they won't be around long. It isn't McLaren's I had a deposit for an early 12C but withdrew after suffering excessive depreciation with an SLS; I haven't bought another Mercedes or from that dealer since. Unless McLaren takes action to support its customers, I won't consider buying a new McLaren either.
The car wasn't overpriced when it sold - or it wouldn't have sold. The depreciation is a function of the state of the second-owner market, and of the extent to which new cars are being discounted.
If McLaren and dealers are merrily selling under list, then those discounts will also translate to the values of existing cars. But if a buyer of an early new car did so under the impression that new cars would always be selling at or over RRP and with a waiting list, that was a silly assumption. Of course the cars are going to plummet in value.
How many people have the means to sink £200k into a second hand car, but not £225k to get a fresh one?
SpeckledJim said:
The car wasn't overpriced when it sold - or it wouldn't have sold. The depreciation is a function of the state of the second-owner market, and of the extent to which new cars are being discounted.
Since McLaren has already stated that the 12C is overpriced relative to other cars in the same market segment and reduced the price by 20%, who are we to argue that it wasn't overpriced in the first place? Furthermore, if a virtually brand new car with only 650 miles attracts no interest at £30k under list, either the car should have been priced lower as new or discounted heavily when sold since it's clearly overpriced.SpeckledJim said:
But if a buyer of an early new car did so under the impression that new cars would always be selling at or over RRP and with a waiting list, that was a silly assumption. Of course the cars are going to plummet in value.
I take your point but the 12C coupe was already suffering depreciation so I think it's unlikely that anyone would assume that the 12C Spider would command a premium.Like I said, they need to pull their collective fingers out because I'm sure I'm not alone in lacking confidence to buy a new McLaren. If that's stays the case, they're not going to be around for long.
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