600LT 1 year cost to own
Discussion
lambosagogo said:
I think people are saying the dealer spread alone is going to be 10-20k per end (so x2 if you are buying and selling through a dealer). I can’t see you getting to a 20-25k total cost.
I am not sure I quote get this - why would you suffer it twice? Assuming the cars value is the same in a years time. Buy £150k. Sell back to dealer for £130k. They market again at £150k. If what you are saying is Buy 150k, lose 20k for their mark up, so 130k, then take back to them next year they'll offer 110k (further 20k) to remarket at 150k?
Wheelspinning said:
Great cars but when you could have a 2019 spider in 2020 for £135k, the prices are going one way, unfortunately.
Regards comments about 'poverty spec'.
A lot of buyers are interested in the car and its capabilities.
Securing the red spider at £30k less than others advertised shall make sense to purchasers not fussed by 'shiny bits'.
Prices are only going upwards then?Regards comments about 'poverty spec'.
A lot of buyers are interested in the car and its capabilities.
Securing the red spider at £30k less than others advertised shall make sense to purchasers not fussed by 'shiny bits'.
Agree with your point on this red car by the way. It's the cheapest by far. They're hardly basic as 'standard' and surely it's about how it drives and not about carbon bits n bobs. Well it is nowadays it would seem.
bryce86 said:
Wheelspinning said:
Great cars but when you could have a 2019 spider in 2020 for £135k, the prices are going one way, unfortunately.
Regards comments about 'poverty spec'.
A lot of buyers are interested in the car and its capabilities.
Securing the red spider at £30k less than others advertised shall make sense to purchasers not fussed by 'shiny bits'.
Prices are only going upwards then?Regards comments about 'poverty spec'.
A lot of buyers are interested in the car and its capabilities.
Securing the red spider at £30k less than others advertised shall make sense to purchasers not fussed by 'shiny bits'.
.
You have selected only a small part of what I posted and quoted.
A 17mth old spider could be purchased in 2020 for £135k.
The last 18mths seen a spike in the prices of 600LTs, along with almost everything else.
That spike has ceased, and the downward trajectory is in place.
If some out there feel that 600LTs are going to stay at the £150k mark, that's only going to lead to disappointment.
Normal service has resumed in the supercar market, unless its really special.
Same old discussion re spec, it applies to every single Mclaren.
If you are not bothered by carbon, colour, leather, seats or wheels your on to a winner.......until it comes to resale where it will most likely sit at the bottom of the market for months whilst decent spec cars are selling quickly and there is nothing more frustrating than sitting on a car waiting for it to sell for months when you want to get into something else.
Sure they dont drive any different, no debate about that, but unless your budget doesnt stretch to higher spec cars its counter productive to buy at the bottom.
The biggest driving factor for any Mclaren model is colour, all the cheapest models are base colours.
If you are not bothered by carbon, colour, leather, seats or wheels your on to a winner.......until it comes to resale where it will most likely sit at the bottom of the market for months whilst decent spec cars are selling quickly and there is nothing more frustrating than sitting on a car waiting for it to sell for months when you want to get into something else.
Sure they dont drive any different, no debate about that, but unless your budget doesnt stretch to higher spec cars its counter productive to buy at the bottom.
The biggest driving factor for any Mclaren model is colour, all the cheapest models are base colours.
bryce86 said:
I am not sure I quote get this - why would you suffer it twice? Assuming the cars value is the same in a years time. Buy £150k. Sell back to dealer for £130k. They market again at £150k.
If what you are saying is Buy 150k, lose 20k for their mark up, so 130k, then take back to them next year they'll offer 110k (further 20k) to remarket at 150k?
If the assumption you’re making is that the car is going to stay at the same market price despite you putting miles on it for a year then maybe you’re right. But that’s a big assumption to make. If what you are saying is Buy 150k, lose 20k for their mark up, so 130k, then take back to them next year they'll offer 110k (further 20k) to remarket at 150k?
600LT initial deprecation was savage to say the least as a result of far too many cars being built and crazy PCP deals to shift unsold stock.
Prices over reacted with values plummeting.
The subsequent rise was just some normality returning after an over harsh correction.
From the bounced back higher value of say £150k normal mclaren depreciation and trade values will apply.
£20k for a year would be the best you can expect and maybe £50k the worse if the market continues to slide assuming bought and sold thru dealers.
As ive said before for such a short ownership you are better renting thru a supercar club subscription if its occasional weekend use
Whilst LTs fair better than regular cars because of volumes they still depreciate heavily.
My rare MSO 675LT spider has lost £140k over 7 years so that's an average of £20k pa on a very high spec very rare car low mileage pristine example.
Good job I cant afford to sell it lol
Not that I ever would given its iconic status
Prices over reacted with values plummeting.
The subsequent rise was just some normality returning after an over harsh correction.
From the bounced back higher value of say £150k normal mclaren depreciation and trade values will apply.
£20k for a year would be the best you can expect and maybe £50k the worse if the market continues to slide assuming bought and sold thru dealers.
As ive said before for such a short ownership you are better renting thru a supercar club subscription if its occasional weekend use
Whilst LTs fair better than regular cars because of volumes they still depreciate heavily.
My rare MSO 675LT spider has lost £140k over 7 years so that's an average of £20k pa on a very high spec very rare car low mileage pristine example.
Good job I cant afford to sell it lol
Not that I ever would given its iconic status
Edited by Nuttbelle on Wednesday 25th October 13:01
Edited by Nuttbelle on Wednesday 25th October 13:02
Wheelspinning said:
No.
You have selected only a small part of what I posted and quoted.
A 17mth old spider could be purchased in 2020 for £135k.
The last 18mths seen a spike in the prices of 600LTs, along with almost everything else.
That spike has ceased, and the downward trajectory is in place.
If some out there feel that 600LTs are going to stay at the £150k mark, that's only going to lead to disappointment.
Normal service has resumed in the supercar market, unless its really special.
I did this because I was asking on a specific point you made and I did not understand. Thanks for clarifying. You have selected only a small part of what I posted and quoted.
A 17mth old spider could be purchased in 2020 for £135k.
The last 18mths seen a spike in the prices of 600LTs, along with almost everything else.
That spike has ceased, and the downward trajectory is in place.
If some out there feel that 600LTs are going to stay at the £150k mark, that's only going to lead to disappointment.
Normal service has resumed in the supercar market, unless its really special.
lambosagogo said:
If the assumption you’re making is that the car is going to stay at the same market price despite you putting miles on it for a year then maybe you’re right. But that’s a big assumption to make.
That's not what I assuming however I am trying to understand why you would 'suffer' the dealer markup / margin twice in buying one car?Nuttbelle said:
600LT initial deprecation was savage to say the least as a result of far too many cars being built and crazy PCP deals to shift unsold stock.
Prices over reacted with values plummeting.
The subsequent rise was just some normality returning after an over harsh correction.
From the bounced back higher value of say £150k normal mclaren depreciation and trade values will apply.
£20k for a year would be the best you can expect and maybe £50k the worse if the market continues to slide assuming bought and sold thru dealers.
As ive said before for such a short ownership you are better renting thru a supercar club subscription if its occasional weekend use
I've done a google on this however unfortunately there doesn't seem to be much available for me in south Scotland... Prices over reacted with values plummeting.
The subsequent rise was just some normality returning after an over harsh correction.
From the bounced back higher value of say £150k normal mclaren depreciation and trade values will apply.
£20k for a year would be the best you can expect and maybe £50k the worse if the market continues to slide assuming bought and sold thru dealers.
As ive said before for such a short ownership you are better renting thru a supercar club subscription if its occasional weekend use
And before I posted this I thought I'd better just check and looks like some of the clubs deliver the vehicle to you and therefore don't use up your mileage in just getting it home.
More reading required. Thanks.
Edited by bryce86 on Wednesday 25th October 13:36
Streetbeat said:
Same old discussion re spec, it applies to every single Mclaren.
If you are not bothered by carbon, colour, leather, seats or wheels your on to a winner.......until it comes to resale where it will most likely sit at the bottom of the market for months whilst decent spec cars are selling quickly and there is nothing more frustrating than sitting on a car waiting for it to sell for months when you want to get into something else.
Sure they dont drive any different, no debate about that, but unless your budget doesnt stretch to higher spec cars its counter productive to buy at the bottom.
The biggest driving factor for any Mclaren model is colour, all the cheapest models are base colours.
seats are probably the only thing worth caring about, the rest doesn't change how the car drives at all, esp overpriced carbon If you are not bothered by carbon, colour, leather, seats or wheels your on to a winner.......until it comes to resale where it will most likely sit at the bottom of the market for months whilst decent spec cars are selling quickly and there is nothing more frustrating than sitting on a car waiting for it to sell for months when you want to get into something else.
Sure they dont drive any different, no debate about that, but unless your budget doesnt stretch to higher spec cars its counter productive to buy at the bottom.
The biggest driving factor for any Mclaren model is colour, all the cheapest models are base colours.
homeimprovements said:
Sarnie said:
Indeed, AB sold the Lime Green Spider for £153k within days......
Indeed it did. Listed mon night, viewed tuesday, deposit paid. Now waiting for it to be ready. Hopefully within next 2 weeks ????????????
As someone who has carbon everything on my 675LT I do wonder what value it brings especially as so expensive from new.
Obviously 2nd hand prices are a fraction of new option list price but like others say they all drive the same.
I'm sure someone was harping on that with 600LT its all carbon regardless of the finish being exposed carbon weave or not ????? Not sure about that myself.
TBH if i was ordering new again i think i would save myself a fortune and just go black pack
Obviously 2nd hand prices are a fraction of new option list price but like others say they all drive the same.
I'm sure someone was harping on that with 600LT its all carbon regardless of the finish being exposed carbon weave or not ????? Not sure about that myself.
TBH if i was ordering new again i think i would save myself a fortune and just go black pack
Nuttbelle said:
As someone who has carbon everything on my 675LT I do wonder what value it brings especially as so expensive from new.
Obviously 2nd hand prices are a fraction of new option list price but like others say they all drive the same.
I'm sure someone was harping on that with 600LT its all carbon regardless of the finish being exposed carbon weave or not ????? Not sure about that myself.
TBH if i was ordering new again i think i would save myself a fortune and just go black pack
The low spec 675LT's sit for a while, not selling. As I am sure you know they are 'usually' emotive long term purchases and owners want the best cars they can find, not low spec examples. Obviously 2nd hand prices are a fraction of new option list price but like others say they all drive the same.
I'm sure someone was harping on that with 600LT its all carbon regardless of the finish being exposed carbon weave or not ????? Not sure about that myself.
TBH if i was ordering new again i think i would save myself a fortune and just go black pack
When a well speced car comes up it usually goes quickly. The trouble is everyone thinks the market is the same whatever the spec and condition, so the tyre kickers see a high miles, low spec car for £190k and they then think every car is £190k, forgetting some have £100k more in options are are much more desirable.
I assume same applies to the 600LT but I don' keep up with that market.
You can have your pick of 964 C4 tiptronic cabriolets for £45k but it doesn't mean a 964 C2 manual is £45k. In fact a potential buyer would struggle at double. Spec is everything to the buyer and that reflects in the asking prices.
Given your time again I doubt you would actually order 'poverty' spec new.....
WCZ said:
seats are probably the only thing worth caring about, the rest doesn't change how the car drives at all, esp overpriced carbon
Nor do the seats.....thats just as spec related as the rest i mention, last year there was a base spec white 570s at McNF, but had P1 seats, it took months to sell. I boughtht my 570s to drive, did plenty of tracks days and miles, but i still wanted the best spec for my budget and come resale time it paid off, sold within 2/3 weeks at the worst time of year. I think the only Mclaren owners who say they dont want overpriced carbon are the ones who dont have it. I get it if your ordering from new, but in the 2nd market hand its noticeable, high spec/good colours are always at the top of the market and sell.
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