RE: McLaren MP4-12C: Spotted
Discussion
TP321 said:
..but the problem with that is that you just lose a fortune on depreciation. At least this one seems to have definitely found the bottom.
I don't think it has found the bottom. I'd put a sportsmans bet on them going a lot lower. A lot. No one really seems to want them/or willing to take the risk.Edited by jason61c on Saturday 21st July 21:48
garystoybox said:
TP321 said:
..but the problem with that is that you just lose a fortune on depreciation. At least this one seems to have definitely found the bottom.
Do you think? I remember the Mclaren ‘experts’ commenting what a bargain they were at £110k, then at £100k, then..... etc, etc. Why would they not keep depreciating as they have? The older they get, the more difficult they get to sell. Surely unless there’s a change of policy from Mclaren on supporting independents it will be business as usual.Lovely car for the money, but surely over two years ownership warranty and servicing c£13k, depreciation, if used, c£15k. Dealer spread on trade in/SOR £8k? So probably £35-£40k ownership proposition (that’s assuming cash buyer and no interest payments).
Depreciation has slowed on these early cars but now throw Brexit into the mix and the whole supercar market has gone cold.
People can try to sell their overpriced Ferrari's but strangely enough 12 months later the majority of them are still sat there unsold.
This will sell and if the new owner weathers out the storm don't be surprised to see its cost him nought more than running costs in 3 years time. These are never going to be £60k cars like some people are hoping. Wishful thinking
People can try to sell their overpriced Ferrari's but strangely enough 12 months later the majority of them are still sat there unsold.
This will sell and if the new owner weathers out the storm don't be surprised to see its cost him nought more than running costs in 3 years time. These are never going to be £60k cars like some people are hoping. Wishful thinking
Jer_1974 said:
Looking at these last year the cheapest one had just dropped below £100k. Think a warranty is £3k a year and gearbox £30k.
This appears to be a “one off” at this price. The next cheapest one is £88k from a non franchised dealer. Maybe the seller is just in a rush to move it on, and doesn’t want to have it sitting around for months. TP321 said:
This appears to be a “one off” at this price. The next cheapest one is £88k from a non franchised dealer. Maybe the seller is just in a rush to move it on, and doesn’t want to have it sitting around for months.
Nah, As you say, this is a private seller, and the next one up is trade.Trade can take a part ex, arrange finance and provide warranty under law.... So not a one-off. the private seller has marked it according to trade prices, as he should.
The deprecation cycle for a Mclaren dosent appear to be too different to what was normal for super cars (excluding the last 5 or so years).
In 2011 you could get a 7 year old Gallardo for £60k, similarly a 5 year old F430, 10 year old 360s were £40k, i looked at a 4 year old 599 for £90k ..... all these cars have gone back up in value but the Mclarens haven't.
The biggest challange for early Mclaren values, could be the later cars......
Perhaps an ealry 12C is £80k, because a year newer one can be had for £90k and so on and so on, then you can "step up" to a 650s, and sypders are worth a circa £10k more.
I'm currently in the Mkt for a new car, and my £80k choice is a GT4 (club sport, late car with high spec) - Ok not a "super car" but similar on road perfromance (to a 12c) and a little extra costs to worry about.
Mclarens are great cars, I have had two, but I don't see values going up (and I can see there being a £60k 12c in the future). I also see values of the other super cars returning to the long term normal (and following Mcalrens on the traditional painful deprecation slide).
In 2011 you could get a 7 year old Gallardo for £60k, similarly a 5 year old F430, 10 year old 360s were £40k, i looked at a 4 year old 599 for £90k ..... all these cars have gone back up in value but the Mclarens haven't.
The biggest challange for early Mclaren values, could be the later cars......
Perhaps an ealry 12C is £80k, because a year newer one can be had for £90k and so on and so on, then you can "step up" to a 650s, and sypders are worth a circa £10k more.
I'm currently in the Mkt for a new car, and my £80k choice is a GT4 (club sport, late car with high spec) - Ok not a "super car" but similar on road perfromance (to a 12c) and a little extra costs to worry about.
Mclarens are great cars, I have had two, but I don't see values going up (and I can see there being a £60k 12c in the future). I also see values of the other super cars returning to the long term normal (and following Mcalrens on the traditional painful deprecation slide).
hyphen said:
So not a one-off. the private seller has marked it according to trade prices, as he should.
Yep, £80k or thereabouts is what an owner is likely to actually receive if selling a 12c coupe of reasonable ie 25+k ish mileage. Unfortunately good as the cars are, they havenyactually seemed to have found their level.Wilmslowboy said:
... a GT4.....
but similar on road perfromance (to a 12c) and a little extra costs to worry about.
Erm, nowhere even close. You have a 650 iirc. Unless you really want a manual I'd be very surprised if you found the gt4 as satisfying to drive. costs much less to run though.but similar on road perfromance (to a 12c) and a little extra costs to worry about.
Edited by isaldiri on Sunday 22 July 10:22
RamboLambo said:
These are never going to be £60k cars like some people are hoping.
Nobody who can afford to run a 12C is sitting waiting for a drop from £80k to £60k before they pull the trigger.I think they could easily halve again from here. No reason why not, and no help from McLaren.
HardtopManual said:
RamboLambo said:
These are never going to be £60k cars like some people are hoping.
Nobody who can afford to run a 12C is sitting waiting for a drop from £80k to £60k before they pull the trigger.I think they could easily halve again from here. No reason why not, and no help from McLaren.
Thing is, plenty of people buy cars and look at the sticker price, and then worry about on costs later. This is where you get to the point where cars miss out on servicing, etc.
Don't believe for one second that every super car is religiously serviced according to the manufacturers recommendations.
article said:
Granted, it isn't the most desirable 12C going - it's an early example, badged MP4-12C and introduced before a raft of upgrades that gave the model more sparkle.
This is a bit contradictory. First called a 12C and then it says it's badged an MP4 12C. I am pretty sure they added the MP4 prefix after the upgrades mentioned were added?Edit: Done my research. It was the other way around! MP4 12C first, then 12C later.
Edited by mstrbkr on Sunday 22 July 11:26
mstrbkr said:
article said:
Granted, it isn't the most desirable 12C going - it's an early example, badged MP4-12C and introduced before a raft of upgrades that gave the model more sparkle.
This is a bit contradictory. First called a 12C and then it says it's badged an MP4 12C. I am pretty sure they added the MP4 prefix after the upgrades mentioned were added?Edit: Done my research. It was the other way around! MP4 12C first, then 12C later.
Edited by mstrbkr on Sunday 22 July 11:26
linkIt’s a very sloppy comparison I know but compare to a brand new GTR with 3 year warranty or even a used GTR with so much independent support and this Mclaren is a very brave purchase.
I’ve no idea if the repair bills I’ve read are anywhere near accurate but if they are you’d need a few tens of thousands as a contingency with these cars.
I’ve no idea if the repair bills I’ve read are anywhere near accurate but if they are you’d need a few tens of thousands as a contingency with these cars.
David87 said:
For £80k these seem a good bet to me. Surely they’ll get no cheaper and, being the car that kicked off the return of McLaren, I’d say they’re destined to become quite desireable in the future.
I'd put a cash bet on them going quite a bit cheaper.They aren't overly desirable at the minute, I'm sure they will be in a good 10 years or so.
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