Bought a 720s! My 1st "supercar" Wish me luck!!

Bought a 720s! My 1st "supercar" Wish me luck!!

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Discussion

DjSki

1,324 posts

197 months

Friday 1st January 2021
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OP, love the colour of your car. Very cool.

souper

2,433 posts

213 months

Saturday 2nd January 2021
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Lovely cars, wouldn't want to smash one up but if you do there's a young 20 something rebuilding a 2019 yellow 720s in the US involving a Tub & everything swap, it interesting how they are put together and this fella is using a cheap as chips socket set. https://www.youtube.com/watch?v=735bPr1DK-4&li...
He has some experience as he did a TrackHawk roof & side swap.

Kent Border Kenny

2,219 posts

62 months

Saturday 2nd January 2021
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AstonExige720 said:
Going from your first post you said we will see 720’‘S at mid 90’s by the time they’re 5rs old. So less than 18months?
No, I said when they are five years old, so any time up to 30 months from now, and in line with the £20k per year that I mentioned.

Do you not think that there’ll be some below £100k before they turn six?

AstonExige720

Original Poster:

661 posts

109 months

Saturday 2nd January 2021
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Kent Border Kenny said:
No, I said when they are five years old, so any time up to 30 months from now, and in line with the £20k per year that I mentioned.

Do you not think that there’ll be some below £100k before they turn six?
the first 720’s will be 5 years old in 18months? May 2022



Kent Border Kenny

2,219 posts

62 months

Saturday 2nd January 2021
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AstonExige720 said:
the first 720’s will be 5 years old in 18months? May 2022
Yes, and again, I said when they are five, not by the time they turn five. When they are five covers the whole period up to when they turn six. This isn’t semantics, you are chopping a whole year off what Instated then trying to argue that incorrect claim.

You’ve twice misrepresented what a I’ve written now, even when ai made it explicit in the post above, do you not realise that you are doing it?

650spider

1,476 posts

173 months

Saturday 2nd January 2021
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Its all relevant.

In 2 years time, a 2014 650 shall be in its last year or so of qualifying for a McLaren warranty.

As fantastic as a 650 is, it shall be a tricky car to sell at that point...so what shall the value of a 650 be then if they can be had in the £70's and low £80's now?

They all go down in value; not just 720s.



davek_964

8,916 posts

177 months

Saturday 2nd January 2021
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650spider said:
Its all relevant.

In 2 years time, a 2014 650 shall be in its last year or so of qualifying for a McLaren warranty.
Are you sure?

I believe you can purchase a warranty on a car up to 10 years old - meaning that you can purchase two years worth of warranty in 2024 as the car reaches 10 years old. Hence it will be 2026 before a 2014 650 will necessarily fall out of warranty.

AstonExige720

Original Poster:

661 posts

109 months

Saturday 2nd January 2021
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Kent Border Kenny said:
I think that at five years old they’ll be in the mid 90s, a little more than a five year-old 650s is, and a moderate amount more than a five year-old MP4.
“I think that at five years old they’ll be in the mid 90s”

That’s what you said, word for word. At five years old, not 5 and a half, or five and three quarters. So I’m not misrepresenting what you’re saying. Which is when the first 720’s reach 5 years old, in less than 18months, you have said those cars will be in the mid 90’s. Down from the average £140-£150k they are now.

Look, let’s agree to disagree, it doesn’t matter, no one knows what they’ll be, it’s just opinion, you have yours, I have mine, they happen to be different. Let’s move on.

650spider

1,476 posts

173 months

Saturday 2nd January 2021
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davek_964 said:
Are you sure?

I believe you can purchase a warranty on a car up to 10 years old - meaning that you can purchase two years worth of warranty in 2024 as the car reaches 10 years old. Hence it will be 2026 before a 2014 650 will necessarily fall out of warranty.
As it was explained to me, at the start of year 9 you have the option only then to extend for 2 years; a year cannot be added at the end of year 9...the warranty is 'upto' 10 years old like how the manufacturers warranty is 'upto' it turns 3 years old.

Thats going to be well into £11k to purchase by 2 years time for a 2014 650.

Thats a chunk of cash in anyones books.

I would guess on top of a say, £1300 service, there won't be that many takers.

Not a negative post, but food for thought.

davek_964

8,916 posts

177 months

Saturday 2nd January 2021
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650spider said:
As it was explained to me, at the start of year 9 you have the option only then to extend for 2 years; a year cannot be added at the end of year 9...the warranty is 'upto' 10 years old like how the manufacturers warranty is 'upto' it turns 3 years old.

Thats going to be well into £11k to purchase by 2 years time for a 2014 650.

Thats a chunk of cash in anyones books.

I would guess on top of a say, £1300 service, there won't be that many takers.

Not a negative post, but food for thought.
McLaren own web page says the extended warranty is available on cars up to 10 years old, giving peace of mind up to 12 years old.

Manufacturer warranty runs until the car is 3 years old. Extended warranty can be purchased for a car up to 10 years old, and hence if 2 years is purchased, will cover a car up to 12 years old.

650spider

1,476 posts

173 months

Saturday 2nd January 2021
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davek_964 said:
650spider said:
As it was explained to me, at the start of year 9 you have the option only then to extend for 2 years; a year cannot be added at the end of year 9...the warranty is 'upto' 10 years old like how the manufacturers warranty is 'upto' it turns 3 years old.

Thats going to be well into £11k to purchase by 2 years time for a 2014 650.

Thats a chunk of cash in anyones books.

I would guess on top of a say, £1300 service, there won't be that many takers.

Not a negative post, but food for thought.
McLaren own web page says the extended warranty is available on cars up to 10 years old, giving peace of mind up to 12 years old.

Manufacturer warranty runs until the car is 3 years old. Extended warranty can be purchased for a car up to 10 years old, and hence if 2 years is purchased, will cover a car up to 12 years old.
Not how it was explained to myself by both service manager and during a call to the warranty adviser when I was transferring the warranty to the new owner very recently.

Warranty upto 10 years but last year of extending, year 9, can be extended by 2 years.

More than happy to be wrong, but if so it is the exact same issue as I made in my previous post, but add 1 year.

davek_964

8,916 posts

177 months

Saturday 2nd January 2021
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650spider said:
Not how it was explained to myself by both service manager and during a call to the warranty adviser when I was transferring the warranty to the new owner very recently.

Warranty upto 10 years but last year of extending, year 9, can be extended by 2 years.

More than happy to be wrong, but if so it is the exact same issue as I made in my previous post, but add 1 year.
It was explained to you wrong. It literally says cover is up to 12 years here :
https://cars.mclaren.com/gb-en/ownership/extended-...

Incidentally, that's also how every extended warranty I've ever heard of works. The 'up to' for extended warranties always tends to be the age you can still purchase them. (I'm sure there is the odd exception, but it's how every one I've ever heard of has worked).

And yes - of course there will be a point where they are too old to warranty. But even 12Cs haven't quite reached that yet.


Edited by davek_964 on Saturday 2nd January 19:11

AstonExige720

Original Poster:

661 posts

109 months

Saturday 2nd January 2021
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Hopefully by the time those dates come along there will be more options available. For example cheaper maintenance / repair options (through independent specialists) therefore making the prospect of running without a warranty more viable?

At some point the penny has to drop with McLaren that to increase sales of new cars they need to make the used car ownership more desirable

macdeb

8,531 posts

257 months

Saturday 2nd January 2021
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AstonExige720 said:
Hopefully by the time those dates come along there will be more options available. For example cheaper maintenance / repair options (through independent specialists) therefore making the prospect of running without a warranty more viable?

At some point the penny has to drop with McLaren that to increase sales of new cars they need to make the used car ownership more desirable
^^^^ yes

650spider

1,476 posts

173 months

Sunday 3rd January 2021
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AstonExige720 said:
Hopefully by the time those dates come along there will be more options available. For example cheaper maintenance / repair options (through independent specialists) therefore making the prospect of running without a warranty more viable?

At some point the penny has to drop with McLaren that to increase sales of new cars they need to make the used car ownership more desirable
Trying not to continue derailing the thread, but this is what I was alluding to previously.

A few 650 owners here have mentioned they shall consider self warranting rather than continue with the £6k cost of service and warranty when the car is 5+ years old.

I fully understand the train of thought, as it was the reason that I chose to sell my 650 as once you have extended the warranty a few times, the novelty of paying £6k a year for the service and warranty wears off regardless how good a car it is.

Problem being, selling McLaren without a warranty is a very hard task; I certainly would not consider buying one without and thats from ownership experience.

Its a rock and a hard place scenario.

The majority of 650s that are currently for sale have been for a while, and do not have a McLaren warranty.

If more specialists do not appear, unfortunately that shall dictate prices in the future.

macdeb

8,531 posts

257 months

Sunday 3rd January 2021
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^^^^ Absolutely this. Wakey, Wakey McLaren, it will affect all cars at some point.

AstonExige720

Original Poster:

661 posts

109 months

Sunday 3rd January 2021
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Things are looking up on the specialist front. We have Thorney, Litchfield look to be getting into McLaren’s and have apparently bought a couple of development cars and also RE Performance are working on a number of McLaren’s. Then Bell and Colville are now a official service centre

AstonExige720

Original Poster:

661 posts

109 months

Monday 4th January 2021
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So the missus just posted this up on Facebook....... trying to get my head around what the issue is? wink




AstonExige720

Original Poster:

661 posts

109 months

Thursday 14th January 2021
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Decided to Sorn it this month, with lockdown and all the salt going down on the roads, figured now is a good time for a deserved rest smile So whilst off the road decided to have a little fun to relieve some of the boredom, also wanted to buy something for it that wouldn't affect the warranty! wink I'm not sure if I'll leave it on when I re-tax it next month or March, but it served its purpose for now and made me chuckle a little:

Airbrake up.......
(by the way, you can only see it when the airbrake deploys)




gareth h

3,595 posts

232 months

Friday 15th January 2021
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Love it smile