Discussion
Wilmslowboy said:
Looks like they could be an alternative to the franchise dealer network for earlier cars.
Ps this £87k car falls into the 'story' category - no warranty and leaking gearbox....as you have discovered, it could have been sorted relatively cheaply but I assume the seller wasn't aware of this.
Backdraft are good guys that I have used for various bits and bobs but ultimately they aren't really a realistic official dealer alternative unfortunately unless you are prepared to run the car out of warranty which almost certainly is knocked out once it's serviced out of the dealer network (or I'd assume show signs of having the leaking seal repIred). Which for various reasons I'd suggest not to be particularly sensible to lose warranty coverage.Ps this £87k car falls into the 'story' category - no warranty and leaking gearbox....as you have discovered, it could have been sorted relatively cheaply but I assume the seller wasn't aware of this.
Wilmslowboy said:
Just checked out BDMs web site - the service on a 650s is a 1/3 what I paid just a couple of months ago fir me.
Looks like they could be an alternative to the franchise dealer network for earlier cars.
Ps this £87k car falls into the 'story' category - no warranty and leaking gearbox....as you have discovered, it could have been sorted relatively cheaply but I assume the seller wasn't aware of this.
The seller wasn't aware of the leak, I know the family, they were more than happy to put the car through an independent inspection. Nothing to hide. The leak was minor enough that it wasn't evident on the garage floor and only removing the undertray revealed it. No worse, no doubt, than many 12Cs out there. Looks like they could be an alternative to the franchise dealer network for earlier cars.
Ps this £87k car falls into the 'story' category - no warranty and leaking gearbox....as you have discovered, it could have been sorted relatively cheaply but I assume the seller wasn't aware of this.
£3k gets you the same independent warranty coverage many of Alistairs cars are sold with. The dealer paid less than £87k sight unseen. They're still retailing 12Cs. Wonder how they dealt with the (slight) leak prior to sale (think they fitted a new box?) or left it for the official warranty to catch it down the line?
It's a perfectly valid real world example of 12C px value.
Thorney Motorsport are another knowledgable independent McLaren specialist. They are out there.
TP321 said:
It's a Spider not a Coupe. The warranty and service i am sure will be included in the price.
I heard of a 63 plate 12c Spider with 18k being bought for £90k by a dealer last week.
It did however require a front end respect due to stone chips
Doesn't surprise me in the slightest. The are those of us who live in the real world then there are those who choose to deride the facts. Why is that? Are they simply deluded (there's certainly some sort of personality disorder going on) or is it that they genuinely think they can alter market value if they keep repeatedly shouting loud enough that black is white? I heard of a 63 plate 12c Spider with 18k being bought for £90k by a dealer last week.
It did however require a front end respect due to stone chipsInterestingly he never interacts in the very active McLaren FB group despite being a member. Wonder why that is. Strange for such a brand w
e.Edited by foxsasha on Sunday 24th September 09:23
foxsasha said:
Interestingly he never interacts in the very active McLaren FB group despite being a member. Wonder why that is.]
One might also I suppose wonder why you seemingly are part of the owners fb group despite not having a car to be able to comment about what gbr does or doesn't do on that group.....Frippe said:
Quite a few advertised below £140 k now...
on one hand very tempting, on the other hand question if they will continue further down...
Yep plenty further to fall - the question is over how long.on one hand very tempting, on the other hand question if they will continue further down...
£10k each year for the next 5 years which should be expected (typical).....this would have early coupes at £90k.....but this would require early 12c's to be around £60k.
My 12c cost me zero over a year of ownership and my 650s will have cost me just shy of £20k......thats the problem with deprecation is it rarely smooth......but two years of ownership at £10k a year (including warranty/ servicing) is about right.
650s at curt values are still £50k+ lower than an equivalent Ferrari 488 (they were about the same price when new)
Still underpinned by 12C and terrific value for money. £140k cars are early high mileage low spec variants but even so a lot of car/performance for the money and considerably cheaper and better than a 458 and no comparison to a F430 which are also strong money especially for what they are.
Depreciation always slows the older the car gets and £10k depreciation is nothing on a supercar.
Buy one at £140k and you are hardly going to lose your shirt especially if you intend to owner it for a couple of years to dilute the Retail/Trade margin
Demand for McLarens still continues to rise as the brand awareness significantly increases but they will need more dealers to cope with capacity and strengthen residuals longer term and that doesn't happen overnight.
What they have achieved since 2011 is amazing and the rate of progress is phenominal. In 20 years times these cars will be low volume classics
Depreciation always slows the older the car gets and £10k depreciation is nothing on a supercar.
Buy one at £140k and you are hardly going to lose your shirt especially if you intend to owner it for a couple of years to dilute the Retail/Trade margin
Demand for McLarens still continues to rise as the brand awareness significantly increases but they will need more dealers to cope with capacity and strengthen residuals longer term and that doesn't happen overnight.
What they have achieved since 2011 is amazing and the rate of progress is phenominal. In 20 years times these cars will be low volume classics
Edited by RamboLambo on Saturday 10th March 21:12
RamboLambo said:
Still underpinned by 12C and terrific value for money. £140k cars are early high mileage low spec variants but even so a lot of car/performance for the money and considerably cheaper and better than a 458 and no comparison to a F430 which are also strong money especially for what they are.
Depreciation always slows the older the car gets and £10k depreciation is nothing on a supercar.
Buy one at £140k and you are hardly going to lose your shirt especially if you intend to owner it for a couple of years to dilute the Retail/Trade margin
Demand for McLarens still continues to rise as the brand awareness significantly increases but they will need more dealers to cope with capacity and strengthen residuals longer term and that doesn't happen overnight.
What they have achieved since 2011 is amazing and the rate of progress is phenominal. In 20 years times these cars will be low volume classics
I needed something to help me sleep last night................................ slept like a log after reading that. Depreciation always slows the older the car gets and £10k depreciation is nothing on a supercar.
Buy one at £140k and you are hardly going to lose your shirt especially if you intend to owner it for a couple of years to dilute the Retail/Trade margin
Demand for McLarens still continues to rise as the brand awareness significantly increases but they will need more dealers to cope with capacity and strengthen residuals longer term and that doesn't happen overnight.
What they have achieved since 2011 is amazing and the rate of progress is phenominal. In 20 years times these cars will be low volume classics
Edited by RamboLambo on Saturday 10th March 21:12
TP321 said:
Are we still talking about McLaren depreciation? Come on guys, some things in life you must just take as a given....??
When even the mighty 675lt is as low as £256k at the main dealer (Manchester), what chance does the 650s have....Not seeing Speciale depreciating.....
I saw that car, if they depreciate some more and sterling continues to drop, i might even be able to afford one at some point - I for one would much rather have a 675 than a Speciale - seems a lot more special to me - lighter, more power and dare I say better looking (and much much rarer). And the Speciale does not sound great by ferrari standards imo.When even the mighty 675lt is as low as £256k at the main dealer (Manchester), what chance does the 650s have....Not seeing Speciale depreciating.....
The alternative to all this “12c underpinning prices” rhetoric is that the 12c is actually being depressed the by 650s depreciating from above. 720s is already doing the same with at least £40k off list for lightly used cars and new ones will soon follow at that level. Doesn’t make sense that the oldest car will somehow underpin the others from falling too far as that implies they will all be worth the same at some point. Can’t see that situation any time soon.
12C and 650 are a lot of car for the money but there’s a reason for that. They become more risky as an ownership proposition as they age unless you want to pay the eye-watering warranty premiums and put up with the patchy service and lack of Indys.
I had a 650 for a year or so and they are great cars but values only going one way as McLaren pumps out more and more incrementally improved product.
12C and 650 are a lot of car for the money but there’s a reason for that. They become more risky as an ownership proposition as they age unless you want to pay the eye-watering warranty premiums and put up with the patchy service and lack of Indys.
I had a 650 for a year or so and they are great cars but values only going one way as McLaren pumps out more and more incrementally improved product.
DT398 said:
The alternative to all this “12c underpinning prices” rhetoric is that the 12c is actually being depressed the by 650s depreciating from above. 720s is already doing the same with at least £40k off list for lightly used cars and new ones will soon follow at that level. Doesn’t make sense that the oldest car will somehow underpin the others from falling too far as that implies they will all be worth the same at some point. Can’t see that situation any time soon.
12C and 650 are a lot of car for the money but there’s a reason for that. They become more risky as an ownership proposition as they age unless you want to pay the eye-watering warranty premiums and put up with the patchy service and lack of Indys.
I had a 650 for a year or so and they are great cars but values only going one way as McLaren pumps out more and more incrementally improved product.
Spot on. And the 12C is not underpinning anything - its in freefall..12C and 650 are a lot of car for the money but there’s a reason for that. They become more risky as an ownership proposition as they age unless you want to pay the eye-watering warranty premiums and put up with the patchy service and lack of Indys.
I had a 650 for a year or so and they are great cars but values only going one way as McLaren pumps out more and more incrementally improved product.
TP321 said:
Spot on. And the 12C is not underpinning anything - its in freefall..
If you think £10k a year is freefall can I suggest you are on the wrong forum. This is the SUPERcar forum and £10k a year is nothing. You can lose treble that on a new BMW/Audi over a year.I know its wishful thinking on your part but no matter how much you attempt to talk it down and slag off the brand no number of paper rounds are going to get you into the McLaren you desire
ferdi p said:
I can't see any good spec, low mileage 12c's under 100k...
Where are these bargains???
Even 6yr old ones with 30/40k miles are 80k+
Not as good as a 458 but better than a V12 S Class Merc ??
Exactly its just McLaren haters and wishful wantabees trying to dish the brand and talk the price down.Where are these bargains???
Even 6yr old ones with 30/40k miles are 80k+
Not as good as a 458 but better than a V12 S Class Merc ??
Best supercar out there for the money, by a country mile
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