Discussion
Interesting it’s now listed in the 650s spider section and even labelled as a spider in the advert header but then goes to say it’s a coupe in the description!
I guess the new independent trying to sell it this time around feels if they mix it up with the more expensive spider cars it doesn’t look so pricey!
All very odd.
https://www.pistonheads.com/classifieds/used-cars/...
I guess the new independent trying to sell it this time around feels if they mix it up with the more expensive spider cars it doesn’t look so pricey!
All very odd.
https://www.pistonheads.com/classifieds/used-cars/...
PS2018 said:
the grey Sytner 4k mile 2016 plate 650s on the advert link from @GT4RS which would have been >£200k is now £99k? that's not the only example either. Wowzers. lovely looking car, i had no idea these things dropped quite that fast.
Is it really that fast? Or just a normal depreciation curve for a 3 year old mass produced car...Shaoxter said:
PS2018 said:
the grey Sytner 4k mile 2016 plate 650s on the advert link from @GT4RS which would have been >£200k is now £99k? that's not the only example either. Wowzers. lovely looking car, i had no idea these things dropped quite that fast.
Is it really that fast? Or just a normal depreciation curve for a 3 year old mass produced car...Shaoxter said:
Is it really that fast? Or just a normal depreciation curve for a 3 year old mass produced car...
Well, that’s the problem in a nutshell. “Mass production” and a £200k plus list price don’t go together and are not sustainable. Too many cars and not enough buyers to support anywhere near that level, hence they are half that now and still falling. Irrespective of the % depreciation over x years, the number of people with £100k to chuck at a weekend toy is very limited. Put finance on it and it could get ugly quite quickly if you need to sell.
Edited by DT398 on Wednesday 14th August 12:54
Edited by DT398 on Wednesday 14th August 12:54
DT398 said:
Well, that’s the problem in a nutshell. “Mass production” and a £200k plus list price don’t go together and are not sustainable. Too many cars and not enough buyers to support anywhere near that level, hence they are half that now and still falling.
Irrespective of the % depreciation over x years, the number of people with £100k to chuck at a weekend toy is very limited. Put finance on it and it could get ugly quite quickly if you need to sell.
Irrespective of the % depreciation over x years, the number of people with £100k to chuck at a weekend toy is very limited. Put finance on it and it could get ugly quite quickly if you need to sell.
Edited by DT398 on Wednesday 14th August 12:54
Edited by DT398 on Wednesday 14th August 12:54
I would hardly call 5,000 cars a year for the total range mass produced ,
Porsche produce far more GT cars than that and I would not call that mass production
DT398 said:
Shaoxter said:
Is it really that fast? Or just a normal depreciation curve for a 3 year old mass produced car...
Well, that’s the problem in a nutshell. “Mass production” and a £200k plus list price don’t go together and are not sustainable. Too many cars and not enough buyers to support anywhere near that level, hence they are half that now and still falling. Irrespective of the % depreciation over x years, the number of people with £100k to chuck at a weekend toy is very limited. Put finance on it and it could get ugly quite quickly if you need to sell.
Edited by DT398 on Wednesday 14th August 12:54
Edited by DT398 on Wednesday 14th August 12:54
Rocketreid said:
I would hardly call 5,000 cars a year for the total range mass produced ,
Porsche produce far more GT cars than that and I would not call that mass production
i guess what stunned me was that >£200k to <£100k in 3 years and 4k miles, car looks great but even by my sketchy maths in this example that is £25 per mile depreciation before any other running costs are discussed. there has to be a finite number of repeat customers for that? if one was to give this a whirl at 100k today what do we think its worth in 3 more years with a total of 10k miles? £60k?
andrew said:
Superleg48 said:
Matty3 said:
Never ever had a car on finance - be interested to know how many top end cars are actually on finance - prob more than I imagine...
I would imagine the majority, i.e. more than 50%.
Matty3 said:
andrew said:
Superleg48 said:
Matty3 said:
Never ever had a car on finance - be interested to know how many top end cars are actually on finance - prob more than I imagine...
I would imagine the majority, i.e. more than 50%.
https://www.fla.org.uk/media/facts-and-figures/
andrew said:
anecdotally, the figure may be a little higher for top-end stuff
https://www.fla.org.uk/media/facts-and-figures/
Thanks for the link - really interesting data there - and I thought that everyone with a topend sportscar was rather well heeled - but maybe they are and invest their money more wisely rather than paying cash? - perhaps going to have to rethink my pop's maxim - ' if you can't pay cash for it lad- you can't afford it' : https://www.fla.org.uk/media/facts-and-figures/
PS2018 said:
i guess what stunned me was that >£200k to <£100k in 3 years and 4k miles, car looks great but even by my sketchy maths in this example that is £25 per mile depreciation before any other running costs are discussed. there has to be a finite number of repeat customers for that? if one was to give this a whirl at 100k today what do we think its worth in 3 more years with a total of 10k miles? £60k?
I wouldn’t shock me if cars like this will end up being around 60k in 3 years time based on what you mentioned above. I’m not sure how true the comments are but apparently most independents would only be willing to SOR a car like this unless they buy it at a low ball price to protect themselves massively. Would it be fair to say, I would imagine a car like this would be loosing at least £1000 and month for some time?
Lets not forget nice 430 spiders bottomed out in the 50k bracket a little while ago, so I guess 60k is very possible once this car is 6 years old.
At that point in time I guess we may then see nice 720s for around 100 to 110k as Mclaren will have a new kiddy in the block to fill the higher gap.
Imo a nice spec 650s still looks a great super car buy at the moment for 100k, you can easily loose 30k on a Porsche Cayenne over 3 years
Gassing Station | McLaren | Top of Page | What's New | My Stuff