RE: McLaren MP4-12C: Spotted

RE: McLaren MP4-12C: Spotted

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Discussion

Olivera

7,131 posts

239 months

Sunday 22nd July 2018
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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.
IIRC it's now 5k per year for the warranty. Add on a Mclaren service, some new tyres and some minor repairs brings it in about 10k per annum running costs.

406dogvan

5,326 posts

265 months

Sunday 22nd July 2018
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This car has the potential to ruin you in the way even stuff like Bentleys can't dream of...

Loads of Internet videos decrying parts supply problems (mostly in the USA) and staggering parts replacement costs (and of course there's not much aftermarket stuff available!!)

Little things like the fact the car uses the same hydraulic system for suspension, steering and clutch scares me - ANYTHING failing would require the entire system to be cleaned and lots of bits replaced.

Anyone buying a car like this AND buying the cheapest one available - bonkers...

406dogvan

5,326 posts

265 months

Sunday 22nd July 2018
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Olivera said:
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.
IIRC it's now 5k per year for the warranty. Add on a Mclaren service, some new tyres and some minor repairs brings it in about 10k per annum running costs.
Bear-in-mind that even that whopping warranty won't cover everything - there's plenty which can fail which isn't covered by most warranties.

I guess it depends where you live but joining one of those supercar hire clubs is a FAR better use of your money IMO - variety, less risk, probably less money overall too!

hyphen

26,262 posts

90 months

Sunday 22nd July 2018
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It's been very eye opening reading this thread through. Didn't realise they were so costly to run.

I'll join the pessimists in expecting prices to keep dropping.

anonymous-user

54 months

Monday 23rd July 2018
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All supercars can be ruinous to run if things go wrong!

Gameface

16,565 posts

77 months

Monday 23rd July 2018
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406dogvan said:
Joining one of those supercar hire clubs is a FAR better use of your money IMO
I strongly disagree.

Owning your own supercar is a completely different experience. You bond with it. You pamper it. You learn it's limits.

The rest are hire cars, you don't give a st about.

Nano2nd

3,426 posts

256 months

Monday 23rd July 2018
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Olivera said:
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.
IIRC it's now 5k per year for the warranty. Add on a Mclaren service, some new tyres and some minor repairs brings it in about 10k per annum running costs.
yup, plus the £10k a year depreciation makes it an expensive owner proposition

suffolk009

5,385 posts

165 months

Monday 23rd July 2018
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If the cost of owennership is realistically £10k pa, then the price of old McLarens will hit the floor. I fully expect in four or five years to be able to get a leggy 12c for under £30k.

Who is going to pay more for a ten year old production car with huge servicing costs. Ferrari has some weird mystique about it, I think you'd be better comparing the depreciation curve to Porsche or even the Audi R8.

Shiv_P

2,746 posts

105 months

Monday 23rd July 2018
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80k... that's some value

jason61c

5,978 posts

174 months

Monday 23rd July 2018
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suffolk009 said:
If the cost of owennership is realistically £10k pa, then the price of old McLarens will hit the floor. I fully expect in four or five years to be able to get a leggy 12c for under £30k.

Who is going to pay more for a ten year old production car with huge servicing costs. Ferrari has some weird mystique about it, I think you'd be better comparing the depreciation curve to Porsche or even the Audi R8.
it'd be fair to say it'll get to within 25% of a nissan GTR?

a quick look brings out this

https://www.ebay.co.uk/itm/2012-Mclaren-12C-3-8-S-...

less milage, at a dealer for a little bit more cash. thats before haggling.

So maybe the one in this advert is just too expensive for what it is at 80k?

Edited by jason61c on Monday 23 July 09:16

CTE

1,488 posts

240 months

Monday 23rd July 2018
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I own one of these and it is true they are not cheap to run, but not as bad as some would have you believe. Overall it is a fantastic car and massively capable...there is very little that will come anywhere near close to it. However, they are not "cheap" to run and no supercar will be from any manufacturer, especially if they are not maintained correctly.

If you want to buy a supercar, hang off for a couple more years, they are all over inflated right now...there has been a similar inflation rush and crash before...think it was in the mid 90`s. McLaren unfortunately are a little more prone to the depreciation curve than its rivals due to its relative lack of history and good independent support...hopefully this will change, sure there is an opportunity for someone.

I`m not selling mine by the way...

NJJ

434 posts

80 months

Monday 23rd July 2018
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Will be a good future buy provided you have the deep pockets for a sizable slush fund. They look much more elegant than the clunky designed 650S and provide almost the same level of real-world performance. Full, detailed history is a must as is the after-market warranty. The first car that McLaren launched as part of its then new road car division, will always be a bit special because of that. They are also rare and still look and feel suitably exotic too. I'd prefer the Spider though.


greenarrow

3,587 posts

117 months

Monday 23rd July 2018
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All the usual experts on here.

Truth is, no-one can really predict what this is going to be worth in 2-3 years. I remember the doomsayers predicting the apocalypse in autumn 2008 when Ferrari 550s were being offloaded for £40K and lo and behold we then had the classic/super car bubble.

I think you just need to buy one of these with eyes wide open on the basis that you're going to have fun owning a cutting edge supercar; its going to cost a fair bit to run and you may or may not lose another shed load at resale time.

WCZ

10,521 posts

194 months

Monday 23rd July 2018
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suffolk009 said:
If the cost of owennership is realistically £10k pa, then the price of old McLarens will hit the floor. I fully expect in four or five years to be able to get a leggy 12c for under £30k.

Who is going to pay more for a ten year old production car with huge servicing costs..
many people. look at gallados/murcilagos, Mclaren SLR's, Veyrons etc

all have big servicing costs and are 10+ years old


anonymous-user

54 months

Monday 23rd July 2018
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greenarrow said:
All the usual experts on here.

Truth is, no-one can really predict what this is going to be worth in 2-3 years. I remember the doomsayers predicting the apocalypse in autumn 2008 when Ferrari 550s were being offloaded for £40K and lo and behold we then had the classic/super car bubble.

I think you just need to buy one of these with eyes wide open on the basis that you're going to have fun owning a cutting edge supercar; its going to cost a fair bit to run and you may or may not lose another shed load at resale time.
rolleyes

f1ten

2,161 posts

153 months

Monday 23rd July 2018
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I believe the main factor in the depreciation is the potential huge bills. I have been told by a former mac engineer that some of the mechanical design is unserviceable... certainly the same hydraulics powering several things and gearbox costs will scare most off.

We all know bills can be eye watering on all supercars but ferrari and lambo are more tried and tested which gives people confidence to buy older ones.
Add into the mix the longer heritage and it means that ferrari and lamb is are viewed as the default choice which means they are more liquid. Like Rolex for watches.

Incidentally the porsche 959 really only recently recovered in value having never been the darling of car collectors. Many reasons were at play here but one of them is because of their hugely complicated electronics and running costs... people just didn't want to buy them. I understand the same is true of the veyron which require big outlays every time they are service. I'm sure someone will correct me if I'm wrong !

TP321

1,477 posts

198 months

Monday 23rd July 2018
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No proper super car is cheap to run..

What makes this so appealing however is that at £80k its very very cheap... For the same money you can have a F430, California, R8, 911 etc. These cars are not in the same league. Even though I hate to admit it, a 458 will be left for dead. Very few cars on the planet can keep up, and none of them are under £80k. So you have to look at both sides of the coin - you only live once.

GTSRob

25 posts

91 months

Monday 23rd July 2018
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I think those commenting on it as an investment piece are missing the point. If you want to 'invest' in a 12C those in the know would spend £10k more on the supernova silver car at Alastair Bols-13k miles, early swipe door and built at the MTC. Tuck it away for a decade and you'll make some money I reckon.

This car however is not that. It's a performance bargain and at that price, mileage and spec should be driven and used and most of all enjoyed......Which is kinda the point methinks.


Captain Smerc

3,020 posts

116 months

Monday 23rd July 2018
quotequote all
TP321 said:
No proper super car is cheap to run..

What makes this so appealing however is that at £80k its very very cheap... For the same money you can have a F430, California, R8, 911 etc. These cars are not in the same league. Even though I hate to admit it, a 458 will be left for dead. Very few cars on the planet can keep up, and none of them are under £80k. So you have to look at both sides of the coin - you only live once.
I'm not a potential owner sadly , but are you sure a 458 would be left for dead , as you say ? I remember reading the comparison road tests at the time and the Mac was very good , but it weren't the winner .

hyphen

26,262 posts

90 months

Monday 23rd July 2018
quotequote all
TP321 said:
No proper super car is cheap to run..

What makes this so appealing however is that at £80k its very very cheap... For the same money you can have a F430, California, R8, 911 etc. These cars are not in the same league. Even though I hate to admit it, a 458 will be left for dead. Very few cars on the planet can keep up, and none of them are under £80k. So you have to look at both sides of the coin - you only live once.
Undoubtedly it's a lovely and very capable car.

From a purely aesthetic point of view though, it's (to me) no lambo or Ferrari.

I would 'live once' by getting a temperamental Italian and looking back at it it everytime I parked. That's why people kept buying poorly built Alfa Romeos for example.

I dont care about relative performance and leaving another supercar for dead, as mostly it would be for tackling country roads and corners, not on a track challenging for a podium.

A 911, r8 and these early McLaren's are something I had mentally pigeonholed into the 'more sensible' bracket. Hence my suprise at this threads revelations.

But appreciate its all subjective beer