Dare I ask about the D word.......depreciation......
Discussion
Ferraris are relatively cheap to maintain. Helped by a wide and mature network of indies that help to keep main dealers honest. Not the case with Mac. I used to get my 430 serviced abd stamped at the main dealer (750 quid) and get advisories done at a local independent for around 25% saving.
In fact it's that high cost of maintenance that causes me to hesitate on getting a Mac. I can afford it but don't like that feeling of paying more than I should.
In fact it's that high cost of maintenance that causes me to hesitate on getting a Mac. I can afford it but don't like that feeling of paying more than I should.
These threads rarely lead anywhere as they are no right or wrong answer...
Except that may be some on there ahould be a bit more respectful of the fact that some individuals are willing to pay the price for what they want. Because they can afford it and enjoy it.
And you just have to look at how many new owners got into the MacLaren brand over the last few months to realise that it has this little something that is unique and attractive to it. Performance and uniqueness that make it desirable to those who purchased them.
mb1 said:
These threads rarely lead anywhere as they are no right or wrong answer...
Except that may be some on there ahould be a bit more respectful of the fact that some individuals are willing to pay the price for what they want. Because they can afford it and enjoy it.
And you just have to look at how many new owners got into the MacLaren brand over the last few months to realise that it has this little something that is unique and attractive to it. Performance and uniqueness that make it desirable to those who purchased them.
Totally agree. At the end of the day, if you can afford to buy a Ferrari or McLaren you are a lucky lucky individual. Except that may be some on there ahould be a bit more respectful of the fact that some individuals are willing to pay the price for what they want. Because they can afford it and enjoy it.
And you just have to look at how many new owners got into the MacLaren brand over the last few months to realise that it has this little something that is unique and attractive to it. Performance and uniqueness that make it desirable to those who purchased them.
Best to just accept that!
SELON said:
One thing the OP should consider with a 3yr old 12C is the cost of the annual warranty and servicing which starts at £5k p.a. There is no getting away from the running costs and the cost to buy and sell and you should be prepared for that. Keep the car longer is the only way to ease the cost. p.a. for these cars.
As an aside I understand the 458s seem to have the 7 year plan which, probably reduces these bills (I don't know what the 7 year plan includes). Once these end I assume that the 458 owner would be on a comparable extended annual warranty and service charging cycle and therefore there might be a commensurate drop in the sticker price at 7years? The price for the 458 2011 car has 2-3 years of these costs priced in.
The Ferrari 7 year plan includes servicing only and not warranty which is expensive chunk of your £5k pa on the mclaren. The ferrari warranty which admittedly runs a year longer than Mclaren (4 vs 3) is about the same as the extended one for the 12c (a bit higher actually from memory).As an aside I understand the 458s seem to have the 7 year plan which, probably reduces these bills (I don't know what the 7 year plan includes). Once these end I assume that the 458 owner would be on a comparable extended annual warranty and service charging cycle and therefore there might be a commensurate drop in the sticker price at 7years? The price for the 458 2011 car has 2-3 years of these costs priced in.
Totally agree...
To add however, there's no escape from depreciation, though making a decision between the 12 C and a 458 is subjective, and indeed thereafter as the op wants to know which is the less depreciating asset; Im not sure one can be as clinical (despite the classifieds currently, showing a stronger price for the equivalent year Ferrari),it becomes a gamble as there are too many variables along the way.
If I'm losing money due to driving and enjoying, so be it....what a car, what an absolute piece of mind blowing machinery. I thought today, do I really care about the service cost, do I care about the residual value, yes deep down I do..I moan about the Chancellor putting a few pence on a pint of lager, bottom line is, to me, its a Mclaren, a bit of exclusivity, and damn every person who makes my refuelling a 20 minute experience
.
To add however, there's no escape from depreciation, though making a decision between the 12 C and a 458 is subjective, and indeed thereafter as the op wants to know which is the less depreciating asset; Im not sure one can be as clinical (despite the classifieds currently, showing a stronger price for the equivalent year Ferrari),it becomes a gamble as there are too many variables along the way.
If I'm losing money due to driving and enjoying, so be it....what a car, what an absolute piece of mind blowing machinery. I thought today, do I really care about the service cost, do I care about the residual value, yes deep down I do..I moan about the Chancellor putting a few pence on a pint of lager, bottom line is, to me, its a Mclaren, a bit of exclusivity, and damn every person who makes my refuelling a 20 minute experience
.mb1 said:
These threads rarely lead anywhere as they are no right or wrong answer...
Except that may be some on there ahould be a bit more respectful of the fact that some individuals are willing to pay the price for what they want. Because they can afford it and enjoy it.
And you just have to look at how many new owners got into the MacLaren brand over the last few months to realise that it has this little something that is unique and attractive to it. Performance and uniqueness that make it desirable to those who purchased them.
Except that may be some on there ahould be a bit more respectful of the fact that some individuals are willing to pay the price for what they want. Because they can afford it and enjoy it.
And you just have to look at how many new owners got into the MacLaren brand over the last few months to realise that it has this little something that is unique and attractive to it. Performance and uniqueness that make it desirable to those who purchased them.
So just to add some fuel to the flame, just got an email from A mclaren dealership inviting me to a 'special' VIP event where I will be able to buy a 650 at an exclusive price. So open discounting? Can't be end of line sales rush as they are apparently only producing to order. Still, not bothered as I love my car and I've only unintentionally made a profit on one car. Hope the company isn't going the direction of the f1 team(which I'm still hoping will come good at the end of the season)
TP321 said:
650s have always been sold at a discount. A spider with a list price of £245k (with spec) were frequently offered for £215k with delivery mileage. I guess it will be more now
Was offered a 3 month old 800 miles mega spec ( £252 list price ) 458 Spider for £195k last December so discounted Ferrari's do exist. Paid more and bought the better, IMHO, 650S spider.You pays your money and make your choice but how anyone can choose a Ferrari spider over the carbon tubbed McLaren is beyond me
RamboLambo said:
Was offered a 3 month old 800 miles mega spec ( £252 list price ) 458 Spider for £195k last December so discounted Ferrari's do exist. Paid more and bought the better, IMHO, 650S spider.
You pays your money and make your choice but how anyone can choose a Ferrari spider over the carbon tubbed McLaren is beyond me
Ok, ok....try getting a discount on a 488.You pays your money and make your choice but how anyone can choose a Ferrari spider over the carbon tubbed McLaren is beyond me
TP321 said:
Ok, ok....try getting a discount on a 488.
Why would I bother when a lightly used equivalent spec 650S could be £75k less, or a 540/570S £100k less.Yes there will always be the privileged few with more money than sense that are prepared to pay a heavy premium for the latest and greatest prancing horse but I don't put myself in that category.
I'm sure it will be a great car but no better and now the major advantage ? of the N/a V8 engine and sound has gone I think there are some question marks and debate to be had on its success
RamboLambo said:
Why would I bother when a lightly used equivalent spec 650S could be £75k less, or a 540/570S £100k less.
Yes there will always be the privileged few with more money than sense that are prepared to pay a heavy premium for the latest and greatest prancing horse but I don't put myself in that category.
I'm sure it will be a great car but no better and now the major advantage ? of the N/a V8 engine and sound has gone I think there are some question marks and debate to be had on its success
It's irrelevant which one is the better car - you just can't get a discount on the 488 because it will have a 2 year waiting list. There is a name for this phenomenon: Brand Management Yes there will always be the privileged few with more money than sense that are prepared to pay a heavy premium for the latest and greatest prancing horse but I don't put myself in that category.
I'm sure it will be a great car but no better and now the major advantage ? of the N/a V8 engine and sound has gone I think there are some question marks and debate to be had on its success
Mclaren need to start taking notes.....
I have to admit, this is the only thing that's a niggle at the back of my mind with regards to my 540 order.
I will be mighty pissed off if I pay list for a new car and then find McLaren are discounting after a while. It would do nothing for residuals and whilst I really do not care too much about depreciation, having the car lose value through manipulation by the manufacturer, rather than through normal market forces, is not something I could stomach.
I will be mighty pissed off if I pay list for a new car and then find McLaren are discounting after a while. It would do nothing for residuals and whilst I really do not care too much about depreciation, having the car lose value through manipulation by the manufacturer, rather than through normal market forces, is not something I could stomach.
TISPKJ said:
Gary, out of interest why didnt you just buy a 12c for the interim period and see how things pan out with the new cars ?
I initially enquired about a new 540 and then went on to looking at 12c which I think most agree (read hope) is at the bottom of the depreciation curve now.
I'm not normally a short term car person (I normally fall for a car and then just go for it, including the long wait if it's new) BUT I have to say that the thought has crossed my mind over the last few weeks as it does seem to make sense. So I may go down that route.I initially enquired about a new 540 and then went on to looking at 12c which I think most agree (read hope) is at the bottom of the depreciation curve now.
I've got a few months before I need to spec my 540, probably around December/January is my guess, so I do have time to decide what to do.
garyhun said:
I have to admit, this is the only thing that's a niggle at the back of my mind with regards to my 540 order.
I will be mighty pissed off if I pay list for a new car and then find McLaren are discounting after a while. It would do nothing for residuals and whilst I really do not care too much about depreciation, having the car lose value through manipulation by the manufacturer, rather than through normal market forces, is not something I could stomach.
of course they will start discounting it - they have done that with all their cars, except P1 and 675lt. Although with the 675lt, having promised to limit production to 500 units, are now taking orders for the Spider version.I will be mighty pissed off if I pay list for a new car and then find McLaren are discounting after a while. It would do nothing for residuals and whilst I really do not care too much about depreciation, having the car lose value through manipulation by the manufacturer, rather than through normal market forces, is not something I could stomach.
McLaren will always bring out improved versions of its existing models - that's why buying new is such a huge gamble. Evidence is the 3.5 year old 12C which cost £185k new and it now offered at £104k with 24k miles. No other exclusive supercar drops this much.
We all care about depreciation - no one wants to be taken for a mug.
Really depends on your intended use I guess ? if a toy like mine then not much point over winter (would have maybe made sense back in the spring when we started looking at 540) if a daily then I guess some kind of buy back deal was what I was looking to get from them, as in I will take used 12c now but I want guarantee of X back in px for the new 540.
That said you should have your 540 by May ish so maybe an M3 or GTR better short term option if you need a car.
That said you should have your 540 by May ish so maybe an M3 or GTR better short term option if you need a car.
It's a very strange thing. Most people on the street recognise the car And appreciate it for what it is. However, it's unfortunate that the people who can buy one will go for a Ferrari because of the name and perceived retention of value. Just like people buying a Rolex without thinking if there are better watches out there for the same price. Yes, they do need a much better marketing department. Mclaren automotive is still a very small fledgling company who could jump straight into the big league through big money backing but didn't really have the experience.
Still, as I said before, I love my car and don't foresee jumping into a Ferrari any time soon, several reasons being the silly games you have to play to get hold of a current model and the image that owning a modern Ferrari gives off.
Still, as I said before, I love my car and don't foresee jumping into a Ferrari any time soon, several reasons being the silly games you have to play to get hold of a current model and the image that owning a modern Ferrari gives off.
Gassing Station | McLaren | Top of Page | What's New | My Stuff