Lots of 675LTs for sale..

Lots of 675LTs for sale..

Author
Discussion

akadk

1,501 posts

180 months

Saturday 18th June 2016
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garyhun said:
Bloody hell that is a good deal. I wonder what discounts there are for cash buyers?
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anonymous-user

55 months

Saturday 18th June 2016
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akadk said:
garyhun said:
Bloody hell that is a good deal. I wonder what discounts there are for cash buyers?
Less
Is more?

sone

4,588 posts

239 months

Sunday 19th June 2016
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Not a Mac I know but I noticed there are 35no 458 Special's for sale at the moment. My local dealer has 5 and 12 months ago he couldn't find me one. Wondering if the market is becoming saturated with cars at this sort of price level!

stain

1,051 posts

211 months

Sunday 19th June 2016
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Lots of choice and this is where spec is crucial for the seller. When I was buying a Scud there were a few without the LED wheel which was an instant no. And I've just bought a GT3RS and a few cars don't have ceramics. This seems to make them significantly cheaper than the rest.

hornbaek

3,682 posts

236 months

Sunday 19th June 2016
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stain said:
Lots of choice and this is where spec is crucial for the seller. When I was buying a Scud there were a few without the LED wheel which was an instant no. And I've just bought a GT3RS and a few cars don't have ceramics. This seems to make them significantly cheaper than the rest.
Agree - lack of ceramic brakes and / or 918 fixed buckets make them much harder to shift.

stain

1,051 posts

211 months

Sunday 19th June 2016
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The 918 seats are the most comfortable things (once you are in them) I have ever sat in. I can't feel the seat touching me anywhere and could drive for hours without issue.

RamboLambo

4,843 posts

171 months

Sunday 19th June 2016
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Looks like supply is greater than demand at these silly prices for both 675LT and 458 speciale.
Loads sitting for months now just like my 650s spider would if I priced it silly waiting for the 1 idiot to love it and stump up the inflated price.

When they don't sell prices will fall in line again. Both LT and special prices are virtually twice the price of the regular cars.

Plenty of 650s cars are selling at circa £180k and all cars find their natural price in the market place.

My concern for both LT and Speciale is you would be paying top dollar now with greater downside than upside until more realistic prices are seen

Vee12V

1,336 posts

161 months

Monday 20th June 2016
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Speciale vs LT isn't exactly comparable. The Speciale wasn't limited.

hornbaek

3,682 posts

236 months

Monday 20th June 2016
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I actually think, that the market for these supercars (be it Porsche, Ferrari etc) is actually rather limited. Accessability to these cars has increased dramatically due to the low interest rates as many of the "new" entrants to the 200k car market are buying these cars on the monthly financing costs rather than the sticker price of the car. And as interest rates have gone down these cars have become "cheaper" to purchase. It is all brewing up to be a perfect storm. Due to the low interest rates, residual values are being pushed up as well so that the overall finance package looks attractive. Once the interest rate turns there is a double whammy in the horizon. Higher finance costs with a sliding residual value. That will force many out and then the market will become flooded with these cars and residuals will go further down. I hope it does not happy but i cannot see any signs to the contrary.

av185

18,529 posts

128 months

Monday 20th June 2016
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Its happening now with the first c £200k low mileage 991 GT3 RS sold at JZM. Non Pccb car admittedly but otherwise great spec and colour. The £300k dizzy heights of few months back are a distant memory.

Tuvra

7,921 posts

226 months

Monday 20th June 2016
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patch5674 said:
Quick aside. I have a very close friend who is according to marketing people a "VIP" he is next weekend getting a Mercedes VIP lease deal thingy - AMG GT S delivered for 5K down £499 a month on a 2 year lease. Which in terms of 120 grand+ cars is practically giving them away, which according to his car broker Mercedes are failing to do at the moment.
That's mental, I'd take their hand off for that eek

Not Ideal

2,901 posts

189 months

Tuesday 21st June 2016
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Tuvra said:
patch5674 said:
Quick aside. I have a very close friend who is according to marketing people a "VIP" he is next weekend getting a Mercedes VIP lease deal thingy - AMG GT S delivered for 5K down £499 a month on a 2 year lease. Which in terms of 120 grand+ cars is practically giving them away, which according to his car broker Mercedes are failing to do at the moment.
That's mental, I'd take their hand off for that eek
I know - that is unreal. I'd sign today on one of those deals.

cgt2

7,106 posts

189 months

Tuesday 21st June 2016
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A friend who has a public profile has a similar deal, arranged through his agent direct with the manufacturer (dealers do not have the ability to do this). Not available to the general public as they obviously lose money on such deals.

It's a loss leader for publicity/marketing purposes.

patch5674

233 posts

113 months

Thursday 23rd June 2016
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cgt2 said:
A friend who has a public profile has a similar deal, arranged through his agent direct with the manufacturer (dealers do not have the ability to do this). Not available to the general public as they obviously lose money on such deals.

It's a loss leader for publicity/marketing purposes.
Yes exactly, they show them off here

https://twitter.com/VIPmerc?ref_src=twsrc%5Egoogle...

The more money you have the less you need it...

MarkNC

104 posts

118 months

Thursday 23rd June 2016
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sone said:
Not a Mac I know but I noticed there are 35no 458 Special's for sale at the moment. My local dealer has 5 and 12 months ago he couldn't find me one. Wondering if the market is becoming saturated with cars at this sort of price level!
I think the problem is that these cars are bought by some people who want to own them for a long time, driving them plenty, and some people who think they'll drive the latest & greatest for a short little while and then dump them for a nice profit. So before long the market is flooded with cars from the second group. BUT, they're absolutely awesome cars (Speciale & 675LT) and eventually enthusiasts buy them and the market dries up. Then the prices for the few used ones that are left start going up again. The same thing happened to the Scuderia. I have friend who bought one used during the flood period and paid under retail and now he figures it's worth well over retail.

Considering the 675LT now sits on the top of the Top Gear board, and has been getting absolutely stellar reviews, I suspect those used cars will eventually get gobbled up.


MarkNC

104 posts

118 months

Thursday 23rd June 2016
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flemke said:
The problem with the 675LT, which has been discussed in depth in other threads on this forum, was that McLaren led the world to believe that they would be making only a coupe. People who were attracted to the idea of the 675LT, but who would have preferred it in spider form (that is to say, mostly females or hairdressers), thought that there would not be a spider version and therefore they ordered the coupe.
I own a 675LT coupe and I've ordered a 675LT Spider. I'm neither a haidressor nor a female but the idea of having an LT in convertible form absolutely delights me and it will replace my 650S Spider. I'm glad they decided to make the car and I'll be keeping both a coupe and spider of the 675LT as they're incredibly wonderful cars!

flemke

22,865 posts

238 months

Thursday 23rd June 2016
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MarkNC said:
flemke said:
The problem with the 675LT, which has been discussed in depth in other threads on this forum, was that McLaren led the world to believe that they would be making only a coupe. People who were attracted to the idea of the 675LT, but who would have preferred it in spider form (that is to say, mostly females or hairdressers), thought that there would not be a spider version and therefore they ordered the coupe.
I own a 675LT coupe and I've ordered a 675LT Spider. I'm neither a haidressor nor a female but the idea of having an LT in convertible form absolutely delights me and it will replace my 650S Spider. I'm glad they decided to make the car and I'll be keeping both a coupe and spider of the 675LT as they're incredibly wonderful cars!
Well, a convertible track car seems rather a contradiction in terms, but I doubt we're going to agree on that one.

McLaren supposedly decided to make the spider after people came to them and asked them to make a spider version of the LT.

Regardless of how good the spider may be, do you think it was right of McLaren, having stated that they would make only a coupe version, to double the production run by making a spider?

Do you think it was right of some customers - assuming that this in fact happened - to go to McLaren and ask them to break the commitment that they had already made to the coupe buyers?

stain

1,051 posts

211 months

Thursday 23rd June 2016
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No and no

anonymous-user

55 months

Thursday 23rd June 2016
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Just out of interest, has the advent of the LT Spider had any negative affect on the value of the coupe?

TP321

Original Poster:

1,480 posts

199 months

Thursday 23rd June 2016
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flemke said:
Well, a convertible track car seems rather a contradiction in terms, but I doubt we're going to agree on that one.

McLaren supposedly decided to make the spider after people came to them and asked them to make a spider version of the LT.

Regardless of how good the spider may be, do you think it was right of McLaren, having stated that they would make only a coupe version, to double the production run by making a spider?

Do you think it was right of some customers - assuming that this in fact happened - to go to McLaren and ask them to break the commitment that they had already made to the coupe buyers?
It doesn't matter....McLaren bring out an improved car every month...everyone gets screwed in the end...biggrin