Hot Cakes in freezing weather
Discussion
Another one sold. Came back on the market for £5k more at £175k yesterday and now sold immediately at the lower advertised price ?
http://www.pistonheads.com/classifieds/used-cars/m...
Selling like hot cakes at these bargain prices
Anyone on here ?
http://www.pistonheads.com/classifieds/used-cars/m...
Selling like hot cakes at these bargain prices
Anyone on here ?
Congrats Shrek. Hope you got in before the £5k price increase.
Amazing how many 650s spiders are being bought by members on here nowadays.
Super choice and stunning car, you won't be disappointed especially as Volcano red ones are the fastest ( & fastest selling ).
Enjoy !
Amazing how many 650s spiders are being bought by members on here nowadays.
Super choice and stunning car, you won't be disappointed especially as Volcano red ones are the fastest ( & fastest selling ).
Enjoy !
Edited by RamboLambo on Wednesday 30th November 17:33
Edited by RamboLambo on Wednesday 30th November 19:22
Looks like 4 650S that we know of sold this week alone. What's hotter than hot cakes ?
That's a lot of cars in a week in the scale of things.
Looks like the supply and demand equation is only going to continue to go one way especially come spring time next year.
JOKE ALERT - Don't want to be smug or say "I told you so " BUT .............
JOKE ALERT
That's a lot of cars in a week in the scale of things.
Looks like the supply and demand equation is only going to continue to go one way especially come spring time next year.
JOKE ALERT - Don't want to be smug or say "I told you so " BUT .............
JOKE ALERTTP321 said:
Yes they are selling because they are just getting cheaper and cheaper....It's easy to pay £165k on an 18 month car that was £240k.
Bah humbug ! Lighten up man and share the xmas spirit. Dream on you won't find a DECENT 2 yr old low mileage spider for £165k. £175 - £180k is the average price - Sensibly priced to sell and admittedly a bargain against List. Just because McLaren don't apply the same Overpricing strategy as Ferrari dealers who are dictated to by the manufacturer
Read my lips Prices are and will continue to firm up and when they are gone they are gone.
Don't miss the boat, you know you want one
Edited by RamboLambo on Thursday 1st December 20:48
Edited by RamboLambo on Thursday 1st December 21:05
650S is no longer in the production so there were a few demo's. McLaren fleet and end of production cars pre registered that came on the market temporarily swelling supply.
This "glut", 28 used cars at its peak, is now reducing rapidly as you have seen with 4 sold this week.
Yes there is an opportunity but you have to be able to spot it.
I agree McLaren is still way behind Ferrari in the way it comes to market but in terms of quality and product its right up there if not ahead IMHO.
With circa 5 Ferrari's sold to every McLaren exclusivity/prestidge of the brand is not the issue its the marketing and route to new and used markets that needs development.
People are always asking me if mines a P1 and where did I get the £millions to buy it
With UK production numbers more similar to Scuderia, Challenge Stradale than 458 and 458 Speciale the supply is very limited.
The brand is growing exponentially and at a rapid rate but supply of the early cars 12C/650S is now fixed.
I think we all know what happens next when Demand outstrips supply.
This "glut", 28 used cars at its peak, is now reducing rapidly as you have seen with 4 sold this week.
Yes there is an opportunity but you have to be able to spot it.
I agree McLaren is still way behind Ferrari in the way it comes to market but in terms of quality and product its right up there if not ahead IMHO.
With circa 5 Ferrari's sold to every McLaren exclusivity/prestidge of the brand is not the issue its the marketing and route to new and used markets that needs development.
People are always asking me if mines a P1 and where did I get the £millions to buy it
With UK production numbers more similar to Scuderia, Challenge Stradale than 458 and 458 Speciale the supply is very limited.
The brand is growing exponentially and at a rapid rate but supply of the early cars 12C/650S is now fixed.
I think we all know what happens next when Demand outstrips supply.
TP321 said:
Just proves the point that they only sell for bargain prices..its a weak brand
At the same time I bought the McLaren I was offered a top spec 3 month old ex Ferrari 458 demo with less than a 1,000 miles on it for £54k under list price and a brand new one built to my exact spec for March 2015 at £35k off list.I bought and paid more for the McLaren 650S Spider and whilst it might not have been the best deal on the table of the 3 options at the time it was IMHO the superior car.
Bearing in mind at the time I owned both my existing F355 GTS and a 430 Scuderia and was/still am a big Ferrari fan to chose the McLaren over a Ferrari required a huge leap of faith. One that remains fully justified 2 years later.
I love Ferrari and may be tempted by a 488 Speciale or equivalent further down the line but right now there is nothing that would tempt me out of the 650S
Anyone who thinks McLaren is the only brand that strategically offers discounts on occasions is deluded.
McLaren brand does not have 50 years of road cars pedigree behind like Ferrari but the brand is growing rapidly. Public awareness is so much stronger than 5 years ago and I would argue that the overall general publics perception is that McLaren is more expensive, better and more exclusive than an equivalent Ferrari.
My neighbourhood has a fair few Ferrari's and Porsches in it and they all comment on my McLaren but the 430 Scuderia hardly got a mention ????
When I bought the 650S spider new I was offered a 458 spider ex demo 3 month old under a 1,000 miles for £190k against £244 List and a brand new one built to my spec for March 2015 for £30k off list.
The difference is Ferrari "manage it" better.
As regards Aston Martin, I thought about buying a V12 Vantage 12 months earlier in 2013 and thank god I didn't as I would of lost about £50k in year one on the "deal" they offered me.
Agree McLaren need to sort out their pricing and marketing but in terms of product its the best out there as far as I'm concerned and I'm 25 years in the car industry and know a thing or two believe it or not.
I'm more than happy at my McLarens Residual performance after 2 years from new. Don't get me wrong its not like my 430 Scuderia in year 6 but its still bl00dy good retail to trade % wise
The difference is Ferrari "manage it" better.
As regards Aston Martin, I thought about buying a V12 Vantage 12 months earlier in 2013 and thank god I didn't as I would of lost about £50k in year one on the "deal" they offered me.
Agree McLaren need to sort out their pricing and marketing but in terms of product its the best out there as far as I'm concerned and I'm 25 years in the car industry and know a thing or two believe it or not.
I'm more than happy at my McLarens Residual performance after 2 years from new. Don't get me wrong its not like my 430 Scuderia in year 6 but its still bl00dy good retail to trade % wise
SL550M said:
In response to RL's point, I know of one Ferrari main dealer that's sold three 599s in the last month or so, which is good going. I'm biased, as I own a 599, but they look pretty fair value at around £120-130k I'd say.
Yes I recall driving a grey and sabbia 2010 HGTE with 4,000 miles on it 3 years ago and to think they only wanted £120k for it at the time. It was a beauty but to big and heavy a GT car for me personally but a real V12 beast. Jules360 said:
Hardly the same thing, getting a discount on an end of run build slot compared to the £50k discount available on the 650S from the start
Try getting a discount on a new 488
ETA What was the base list price of the 650S ?
A very reasonable £195k Coupe and £215k spider with most having £25k + of options specified.Try getting a discount on a new 488
ETA What was the base list price of the 650S ?
Edited by Jules360 on Wednesday 7th December 06:07
With a max dealer margin of 15% there was never £50k discounts on 650S even on run out.
Early 650S order books were sold out so there was no point discounting a product in such demand as per 488 now.
If I couldn't supply my customer demand for 2 years I would increase production rather than pee customers off though
Only reason they don't is because of the massive margins they can make on current levels of production without further investment and increasing base costs.
lowndes said:
I have some sympathy for McLaren over their pricing.
MTC is a substantial infrastructure investment that has to be paid for somehow and no doubt the road car division will be expected to make their contribution. In common with other long term multi phase projects there is a balance to be struck between Phase 1 being priced ab initio to show a profit even if later phases are never built, and the reality that if Phase 1 carries the whole initial infrastructure the enterprise will never get off the ground. Enter the creative accountants.
When this dilemma reaches the showroom there is a limit to what dealers can deliver given their operating margins, and as sales slow and the models enter runout phase the factory may take the view that cashflow is more important than profit and put a metaphorical shoulder to the wheel with further discounts.
At some point in the 650S model cycle McL started to bundle expensive options into Packs such as Sport, Luxury, Security etc. In the case of my VR 650S spider which I specced for delivery in April 2016 the price came down from £251k if the options were priced individually to a list price including packs of £242k. I paid £200k OTR.
I am very happy with the car which in terms of pure driving pleasure I rate equally with my 997.2 GT3. I can think of no higher accolade.
So you did very well with a £40k discount in run out phaseMTC is a substantial infrastructure investment that has to be paid for somehow and no doubt the road car division will be expected to make their contribution. In common with other long term multi phase projects there is a balance to be struck between Phase 1 being priced ab initio to show a profit even if later phases are never built, and the reality that if Phase 1 carries the whole initial infrastructure the enterprise will never get off the ground. Enter the creative accountants.
When this dilemma reaches the showroom there is a limit to what dealers can deliver given their operating margins, and as sales slow and the models enter runout phase the factory may take the view that cashflow is more important than profit and put a metaphorical shoulder to the wheel with further discounts.
At some point in the 650S model cycle McL started to bundle expensive options into Packs such as Sport, Luxury, Security etc. In the case of my VR 650S spider which I specced for delivery in April 2016 the price came down from £251k if the options were priced individually to a list price including packs of £242k. I paid £200k OTR.
I am very happy with the car which in terms of pure driving pleasure I rate equally with my 997.2 GT3. I can think of no higher accolade.
Jules360 said:
But hasn't it been established that 240k spiders were being sold new for 190k ? That's a 50k discount in my book.
Out of interest, what options does yours have for it to have been 282k list ? You must have ticked every box.
Oh, and if I were Ferrari with a 2 year wait list, i'd increase price, not production. Demand is very inelastic.
Your answer is above. No they have never been sold below £200k and are worth £180k 2 years later.Out of interest, what options does yours have for it to have been 282k list ? You must have ticked every box.
Oh, and if I were Ferrari with a 2 year wait list, i'd increase price, not production. Demand is very inelastic.
Show me a regular production supercar with those residuals
longtail said:
Rambo Lambo, sorry to contradict your experience, but I can assure you that a new stock 650s spider has been sold new for less than 200k. I also know that you will secure a used car for less than 180k.
What in your dreams 
I need not feed the trolls and direct you to the Ferrari Discount store
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