McLaren receives £300m.......
Discussion
av185 said:
The circumstances of sale are largely irrelevant this was a public auction giving a true market value.
That car was nearer £250k list so it was approaching half price not that rrp means much as we all know.
This car was effectively clearly no one off as the similar priced but much newer 2019 low mileage 600LT auctioned simultaneously proves which perhaps of the two was even more of a bargain which now effectively sets the new bar for newish Mclaren residual pricing.
They are undoubtedly great value at this level.
Again the facts concerning the 600lt sale are also deceptive as Collecting cars pulled a fast one on the seller.That car was nearer £250k list so it was approaching half price not that rrp means much as we all know.
This car was effectively clearly no one off as the similar priced but much newer 2019 low mileage 600LT auctioned simultaneously proves which perhaps of the two was even more of a bargain which now effectively sets the new bar for newish Mclaren residual pricing.
They are undoubtedly great value at this level.
So neither are indicative and are one offs imo
Rocketreid said:
av185 said:
The circumstances of sale are largely irrelevant this was a public auction giving a true market value.
That car was nearer £250k list so it was approaching half price not that rrp means much as we all know.
This car was effectively clearly no one off as the similar priced but much newer 2019 low mileage 600LT auctioned simultaneously proves which perhaps of the two was even more of a bargain which now effectively sets the new bar for newish Mclaren residual pricing.
They are undoubtedly great value at this level.
Again the facts concerning the 600lt sale are also deceptive as Collecting cars pulled a fast one on the seller.That car was nearer £250k list so it was approaching half price not that rrp means much as we all know.
This car was effectively clearly no one off as the similar priced but much newer 2019 low mileage 600LT auctioned simultaneously proves which perhaps of the two was even more of a bargain which now effectively sets the new bar for newish Mclaren residual pricing.
They are undoubtedly great value at this level.
So neither are indicative and are one offs imo
Secondly that 600LT was entered by a dealer not private like the 720S so very unlikely CC auctions would get one over on this vendor with that particular car who would of all people know its true value although perhaps you could explain as to why you think otherwise.
av185 said:
Doubtful CC would pull a 'fast one' in their infancy in building what is clearly a successful and innovative business platform and customer feedback appears good thus far.
Secondly that 600LT was entered by a dealer not private like the 720S so very unlikely CC auctions would get one over on this vendor with that particular car who would of all people know its true value although perhaps you could explain as to why you think otherwise.
I am afraid you are misinformed on both accounts. Secondly that 600LT was entered by a dealer not private like the 720S so very unlikely CC auctions would get one over on this vendor with that particular car who would of all people know its true value although perhaps you could explain as to why you think otherwise.
breadvan said:
ghost83 said:
Rocketreid said:
I am afraid you are misinformed on both accounts.
Care to enlighten how cc pulled a fast one
China!
Cheib said:
Juno said:
Looks like they might have a route to further cash required
https://www.autosport.com/f1/news/149439/mclaren-c...
That’s a proper “last chance” manouver....not good. https://www.autosport.com/f1/news/149439/mclaren-c...
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