Discussion
Interesting opinions on the future values of 650’s and it looks like they may well only soften during the winter.
Asked for a cost to change on the Mantis Green one at B’ham McLaren from my Lotus. They were way out of any reasonable ball park unsurprisingly but i remain optimistic if their Car hangs around until Feb.
As I would prefer a more track focussed version I will bide my time
Asked for a cost to change on the Mantis Green one at B’ham McLaren from my Lotus. They were way out of any reasonable ball park unsurprisingly but i remain optimistic if their Car hangs around until Feb.
As I would prefer a more track focussed version I will bide my time
My friend was offered a 650s Spider recently as a px. (He has a high end car car dealership). He tried to place the car with McLaren dealers and not a single one was prepared to bid. The car would be at the £130k retail mark looking at current cars for sale but the only bid he got was at £90k from an independent.
My brother was ready to buy it at £90k but the poor bloke wanting to px the 650 totally shat his pants at the figures and kept the car.
Personally, I think they are very special cars and something I’d love to own next year but people need to realise that losing money on cars is normal.
When the time comes, I’d only buy one privately with a transferable warranty. Year 2 I’d take a view or go to Thorney.
My brother was ready to buy it at £90k but the poor bloke wanting to px the 650 totally shat his pants at the figures and kept the car.
Personally, I think they are very special cars and something I’d love to own next year but people need to realise that losing money on cars is normal.
When the time comes, I’d only buy one privately with a transferable warranty. Year 2 I’d take a view or go to Thorney.
PGNSagaris said:
My friend was offered a 650s Spider recently as a px. (He has a high end car car dealership). He tried to place the car with McLaren dealers and not a single one was prepared to bid. The car would be at the £130k retail mark looking at current cars for sale but the only bid he got was at £90k from an independent.
My brother was ready to buy it at £90k but the poor bloke wanting to px the 650 totally shat his pants at the figures and kept the car.
Personally, I think they are very special cars and something I’d love to own next year but people need to realise that losing money on cars is normal.
When the time comes, I’d only buy one privately with a transferable warranty. Year 2 I’d take a view or go to Thorney.
A 650s spyder for less than a 997 & 991.1 GT3 - My brother was ready to buy it at £90k but the poor bloke wanting to px the 650 totally shat his pants at the figures and kept the car.
Personally, I think they are very special cars and something I’d love to own next year but people need to realise that losing money on cars is normal.
When the time comes, I’d only buy one privately with a transferable warranty. Year 2 I’d take a view or go to Thorney.
I sold mine to trade (2015, low miles, high spec, factory warranty etc) for just shy of £130k, 5 months ago.
It would be great to buy a similar car back today for £30k less
Wilmslowboy said:
A 650s spyder for less than a 997 & 991.1 GT3 -
I sold mine to trade (2015, low miles, high spec, factory warranty etc) for just shy of £130k, 5 months ago.
It would be great to buy a similar car back today for £30k less
2014 car with 12k miles. 5 months ago things were different...you did well - straight sale or px? I sold mine to trade (2015, low miles, high spec, factory warranty etc) for just shy of £130k, 5 months ago.
It would be great to buy a similar car back today for £30k less
As much as I love Porsches, I'd take a 650s Spider over any GT3 every day of the week as I have other things for track/racing. Much more of an event day to day and for road trips.
PGNSagaris said:
2014 car with 12k miles. 5 months ago things were different... you did well - straight sale or px?
As much as I love Porsches, I'd take a 650s Spider over any GT3 every day of the week as I have other things for track/racing. Much more of an event day to day and for road trips.
Straight sale to a dealer, he sold it on within a couple of weeks for about £5k/£6k more.As much as I love Porsches, I'd take a 650s Spider over any GT3 every day of the week as I have other things for track/racing. Much more of an event day to day and for road trips.
Edited by Wilmslowboy on Friday 14th December 22:44
PGNSagaris said:
My friend was offered a 650s Spider recently as a px. (He has a high end car car dealership). He tried to place the car with McLaren dealers and not a single one was prepared to bid. The car would be at the £130k retail mark looking at current cars for sale but the only bid he got was at £90k from an independent.
My brother was ready to buy it at £90k but the poor bloke wanting to px the 650 totally shat his pants at the figures and kept the car.
Personally, I think they are very special cars and something I’d love to own next year but people need to realise that losing money on cars is normal.
When the time comes, I’d only buy one privately with a transferable warranty. Year 2 I’d take a view or go to Thorney.
the market's collapsed since that rambo lambo chap stopped talking-up pricesMy brother was ready to buy it at £90k but the poor bloke wanting to px the 650 totally shat his pants at the figures and kept the car.
Personally, I think they are very special cars and something I’d love to own next year but people need to realise that losing money on cars is normal.
When the time comes, I’d only buy one privately with a transferable warranty. Year 2 I’d take a view or go to Thorney.
I'm actively looking for a 650s spider and looking at prices daily. As a former 12C owner I know McLaren as a company can be dire but there is no question the cars are amazing. My 12C cost me nothing in 2 and half years other than the warranty and £10k depreciation. Like 355spiderguy here my 355 cost me way more in repairs & servicing and it tainted the ownership so much I want to get back into a McLaren.
I considered the 12C / 650 / 570 & 675. In the end the 650 was a development of the 12C and on that platform made for around 6 years so there was plenty of practice. Being on the owners forum for 3 years it is the car that seems to develop the least problems and therefore, in my mind, the one to go for.
To me they seem to be a bargain at the moment however in the back of my mind if a 650 spider is £125k now it will be £105k (like a 12C spider) in just 2 years so the facts are there, they will lose £10k pa so you need to buy wisely, I would say high spec, low miles as close to £120k as possible to make sure you can limit depreciation to £10k pa, I would prefer £5k pa but the only cars I desire that currently exhibit that curve are a 991 GT3 and GTS. Having driven a brand new GT3 manual yeterday and a GTS a few weeks ago I discounted the GT3 as too extreme for touring (even though its awesome). So its a 991.2 GTS or 650S spider. I am certain the GTS will cost me much less to run, but will it be better? probably not and its not a supercar and has none of the drama. So is the 650S worth £5k pa more to own? Probably.....???
I went out in a 720S yesterday and it makes the 650s seem like something Brunel designed and built. As good as the 650S is, and it is amazing, the 720S is from another planer, And this is the issue with McLarens, too many cars, too quickly which is why I think £10k pa for the 650 over the next 2 years until they get to £105k then around £5k pa until they reach £75/80k at 10 years old when they will stop as there will be plenty of indies by then and all the issues will be known and fixable and you wont need the £5kpa warranty, which you can't take over 12 years old anyway.
You can't ignore costs when buying a car like some people seem to think, it is a relevant factor as you can only afford to lose what you can afford to lose. I think I am happy with the depreciation of the 650s as its a great car and I want one so it will cost me. However i want to minimise that cost by buying wisely so will wait until the right spec at the right price tempts me, in the meantime if a nice 991.2 GTS manual pops up it might steal the 650 from me....
I considered the 12C / 650 / 570 & 675. In the end the 650 was a development of the 12C and on that platform made for around 6 years so there was plenty of practice. Being on the owners forum for 3 years it is the car that seems to develop the least problems and therefore, in my mind, the one to go for.
To me they seem to be a bargain at the moment however in the back of my mind if a 650 spider is £125k now it will be £105k (like a 12C spider) in just 2 years so the facts are there, they will lose £10k pa so you need to buy wisely, I would say high spec, low miles as close to £120k as possible to make sure you can limit depreciation to £10k pa, I would prefer £5k pa but the only cars I desire that currently exhibit that curve are a 991 GT3 and GTS. Having driven a brand new GT3 manual yeterday and a GTS a few weeks ago I discounted the GT3 as too extreme for touring (even though its awesome). So its a 991.2 GTS or 650S spider. I am certain the GTS will cost me much less to run, but will it be better? probably not and its not a supercar and has none of the drama. So is the 650S worth £5k pa more to own? Probably.....???
I went out in a 720S yesterday and it makes the 650s seem like something Brunel designed and built. As good as the 650S is, and it is amazing, the 720S is from another planer, And this is the issue with McLarens, too many cars, too quickly which is why I think £10k pa for the 650 over the next 2 years until they get to £105k then around £5k pa until they reach £75/80k at 10 years old when they will stop as there will be plenty of indies by then and all the issues will be known and fixable and you wont need the £5kpa warranty, which you can't take over 12 years old anyway.
You can't ignore costs when buying a car like some people seem to think, it is a relevant factor as you can only afford to lose what you can afford to lose. I think I am happy with the depreciation of the 650s as its a great car and I want one so it will cost me. However i want to minimise that cost by buying wisely so will wait until the right spec at the right price tempts me, in the meantime if a nice 991.2 GTS manual pops up it might steal the 650 from me....
Edited by Bispal on Tuesday 18th December 08:39
Personally I cannot believe a 12C can be had for less than a F430 now...if you think that a 720 makes a 650 feel antiquated, how would a F430 feel?
All older Ferraris have far more issues than the McLarens, the current trade off is that the prices are artificially high but that will correct sooner rather than later; I was there with a F355 when prices were high at £50k, then were available at mid £20k, then the crazy £120+K, the downward spiral is already well under way. Spending a high amount on maintenance feels ok if the car has appreciated or remained static in value, hence why the Ferrari advertised prices remain high; currently I would not fancy being in the position of trying to sell one.
As someone posted in another thread, a 12c coupe is listed at £75k...the launch of the 720 spider will put pressure on the 720 prices which in turn forces the price of the 650 down...I feel by spring the cheapest 650 spiders shall crack £99k,which in turn, drags the rest of the 650s downwards.
Like Bispal, I am daily looking at 650 spiders; I only started looking in the 1st week in October and was surprised at the prices, which then which gave me my mojo to get one. However, since then, the prices of the specific 2 I am interested in ( which are still available from then ) have dropped by more than the amount Bispal is talking about for a years depreciation...in 12 weeks.
I have never hesitated in buying a daft car before, however, I am this this time. I fully anticipated I would of had one sitting in the garage by Christmas...there will be one in there at some point though.
.
All older Ferraris have far more issues than the McLarens, the current trade off is that the prices are artificially high but that will correct sooner rather than later; I was there with a F355 when prices were high at £50k, then were available at mid £20k, then the crazy £120+K, the downward spiral is already well under way. Spending a high amount on maintenance feels ok if the car has appreciated or remained static in value, hence why the Ferrari advertised prices remain high; currently I would not fancy being in the position of trying to sell one.
As someone posted in another thread, a 12c coupe is listed at £75k...the launch of the 720 spider will put pressure on the 720 prices which in turn forces the price of the 650 down...I feel by spring the cheapest 650 spiders shall crack £99k,which in turn, drags the rest of the 650s downwards.
Like Bispal, I am daily looking at 650 spiders; I only started looking in the 1st week in October and was surprised at the prices, which then which gave me my mojo to get one. However, since then, the prices of the specific 2 I am interested in ( which are still available from then ) have dropped by more than the amount Bispal is talking about for a years depreciation...in 12 weeks.
I have never hesitated in buying a daft car before, however, I am this this time. I fully anticipated I would of had one sitting in the garage by Christmas...there will be one in there at some point though.
.
coyft said:
I have a 991.2 GTS and a 675LTS.
I think the depreciation on my GTS is close to £30k in the first year of ownership.
If you’re going to use the car everyday, then I think the 911 makes more sense. If it’s just high days and holidays then the 650 will give you the much bigger smile. I’d say £5k p.a extra cost over a 911 is well worth it!
To clarify I was talking about a used GTS at around £95k - £105k. From then on they seem to settle at around £5k pa. I wouldn't buy a new car under any circumstances. Yes I think 650S is worth £5k pa more, its much more of an occasion.I think the depreciation on my GTS is close to £30k in the first year of ownership.
If you’re going to use the car everyday, then I think the 911 makes more sense. If it’s just high days and holidays then the 650 will give you the much bigger smile. I’d say £5k p.a extra cost over a 911 is well worth it!
355spiderguy said:
Personally I cannot believe a 12C can be had for less than a F430 now...if you think that a 720 makes a 650 feel antiquated, how would a F430 feel?
All older Ferraris have far more issues than the McLarens, the current trade off is that the prices are artificially high but that will correct sooner rather than later; I was there with a F355 when prices were high at £50k, then were available at mid £20k, then the crazy £120+K, the downward spiral is already well under way. Spending a high amount on maintenance feels ok if the car has appreciated or remained static in value, hence why the Ferrari advertised prices remain high; currently I would not fancy being in the position of trying to sell one.
As someone posted in another thread, a 12c coupe is listed at £75k...the launch of the 720 spider will put pressure on the 720 prices which in turn forces the price of the 650 down...I feel by spring the cheapest 650 spiders shall crack £99k,which in turn, drags the rest of the 650s downwards.
Like Bispal, I am daily looking at 650 spiders; I only started looking in the 1st week in October and was surprised at the prices, which then which gave me my mojo to get one. However, since then, the prices of the specific 2 I am interested in ( which are still available from then ) have dropped by more than the amount Bispal is talking about for a years depreciation...in 12 weeks.
I have never hesitated in buying a daft car before, however, I am this this time. I fully anticipated I would of had one sitting in the garage by Christmas...there will be one in there at some point though.
.
I think prices have fallen in a big way in past 12 weeks, as have the stock markets! But at the current prices I am sure £10k pa from here on, £15k pa max for next 2 years. I Can't see £99k for a 650s spider in the spring unless its low spec, 30k miles out of warranty in a dull colour. However none of us has a crystal ball and its uncertain times. If a car I like the look of comes up at a price that is reasonable I think I will take my chances. I am certain at £99k the market would dry up as owners would just keep hold of their cars and put them into storage. I know dealers and owners who are starting to do that anticipating a turn around in late spring post Brexit nonsense. So there could be a window of only a few months to get a good car at a good price before many cars get stored away or the market stabilises. All older Ferraris have far more issues than the McLarens, the current trade off is that the prices are artificially high but that will correct sooner rather than later; I was there with a F355 when prices were high at £50k, then were available at mid £20k, then the crazy £120+K, the downward spiral is already well under way. Spending a high amount on maintenance feels ok if the car has appreciated or remained static in value, hence why the Ferrari advertised prices remain high; currently I would not fancy being in the position of trying to sell one.
As someone posted in another thread, a 12c coupe is listed at £75k...the launch of the 720 spider will put pressure on the 720 prices which in turn forces the price of the 650 down...I feel by spring the cheapest 650 spiders shall crack £99k,which in turn, drags the rest of the 650s downwards.
Like Bispal, I am daily looking at 650 spiders; I only started looking in the 1st week in October and was surprised at the prices, which then which gave me my mojo to get one. However, since then, the prices of the specific 2 I am interested in ( which are still available from then ) have dropped by more than the amount Bispal is talking about for a years depreciation...in 12 weeks.
I have never hesitated in buying a daft car before, however, I am this this time. I fully anticipated I would of had one sitting in the garage by Christmas...there will be one in there at some point though.
.
Bispal said:
To me they seem to be a bargain at the moment however in the back of my mind if a 650 spider is £125k now it will be £105k (like a 12C spider) in just 2 years so the facts are there, they will lose £10k pa so you need to buy wisely, I would say high spec, low miles as close to £120k as possible to make sure you can limit depreciation to £10k pa, I would prefer £5k pa but the only cars I desire that currently exhibit that curve are a 991 GT3 and GTS. Having driven a brand new GT3 manual yeterday and a GTS a few weeks ago I discounted the GT3 as too extreme for touring (even though its awesome). So its a 991.2 GTS or 650S spider. I am certain the GTS will cost me much less to run, but will it be better? probably not and its not a supercar and has none of the drama. So is the 650S worth £5k pa more to own? Probably.....???
If you're buying at around £120k now and trying to sell in a couple of years, the £105k will be retail price, doubt you'll be able to sell privately at that level, so you'll probably need to factor in another £15-£20k in traders margin. That'll mean around £30 - £35k real terms depreciation. That's assuming they will be retailing at £ 105k in two years. With the current trends, that may be a tad optimistic, but good luck in your search.
Bispal said:
I'm actively looking for a 650s spider and looking at prices daily. As a former 12C owner I know McLaren as a company can be dire but there is no question the cars are amazing. My 12C cost me nothing in 2 and half years other than the warranty and £10k depreciation. Like 355spiderguy here my 355 cost me way more in repairs & servicing and it tainted the ownership so much I want to get back into a McLaren.
I considered the 12C / 650 / 570 & 675. In the end the 650 was a development of the 12C and on that platform made for around 6 years so there was plenty of practice. Being on the owners forum for 3 years it is the car that seems to develop the least problems and therefore, in my mind, the one to go for.
To me they seem to be a bargain at the moment however in the back of my mind if a 650 spider is £125k now it will be £105k (like a 12C spider) in just 2 years so the facts are there, they will lose £10k pa so you need to buy wisely, I would say high spec, low miles as close to £120k as possible to make sure you can limit depreciation to £10k pa, I would prefer £5k pa but the only cars I desire that currently exhibit that curve are a 991 GT3 and GTS. Having driven a brand new GT3 manual yeterday and a GTS a few weeks ago I discounted the GT3 as too extreme for touring (even though its awesome). So its a 991.2 GTS or 650S spider. I am certain the GTS will cost me much less to run, but will it be better? probably not and its not a supercar and has none of the drama. So is the 650S worth £5k pa more to own? Probably.....???
I went out in a 720S yesterday and it makes the 650s seem like something Brunel designed and built. As good as the 650S is, and it is amazing, the 720S is from another planer, And this is the issue with McLarens, too many cars, too quickly which is why I think £10k pa for the 650 over the next 2 years until they get to £105k then around £5k pa until they reach £75/80k at 10 years old when they will stop as there will be plenty of indies by then and all the issues will be known and fixable and you wont need the £5kpa warranty, which you can't take over 12 years old anyway.
You can't ignore costs when buying a car like some people seem to think, it is a relevant factor as you can only afford to lose what you can afford to lose. I think I am happy with the depreciation of the 650s as its a great car and I want one so it will cost me. However i want to minimise that cost by buying wisely so will wait until the right spec at the right price tempts me, in the meantime if a nice 991.2 GTS manual pops up it might steal the 650 from me....
Agree.
This sounds just about spot on.
Good luck with your search.
I considered the 12C / 650 / 570 & 675. In the end the 650 was a development of the 12C and on that platform made for around 6 years so there was plenty of practice. Being on the owners forum for 3 years it is the car that seems to develop the least problems and therefore, in my mind, the one to go for.
To me they seem to be a bargain at the moment however in the back of my mind if a 650 spider is £125k now it will be £105k (like a 12C spider) in just 2 years so the facts are there, they will lose £10k pa so you need to buy wisely, I would say high spec, low miles as close to £120k as possible to make sure you can limit depreciation to £10k pa, I would prefer £5k pa but the only cars I desire that currently exhibit that curve are a 991 GT3 and GTS. Having driven a brand new GT3 manual yeterday and a GTS a few weeks ago I discounted the GT3 as too extreme for touring (even though its awesome). So its a 991.2 GTS or 650S spider. I am certain the GTS will cost me much less to run, but will it be better? probably not and its not a supercar and has none of the drama. So is the 650S worth £5k pa more to own? Probably.....???
I went out in a 720S yesterday and it makes the 650s seem like something Brunel designed and built. As good as the 650S is, and it is amazing, the 720S is from another planer, And this is the issue with McLarens, too many cars, too quickly which is why I think £10k pa for the 650 over the next 2 years until they get to £105k then around £5k pa until they reach £75/80k at 10 years old when they will stop as there will be plenty of indies by then and all the issues will be known and fixable and you wont need the £5kpa warranty, which you can't take over 12 years old anyway.
You can't ignore costs when buying a car like some people seem to think, it is a relevant factor as you can only afford to lose what you can afford to lose. I think I am happy with the depreciation of the 650s as its a great car and I want one so it will cost me. However i want to minimise that cost by buying wisely so will wait until the right spec at the right price tempts me, in the meantime if a nice 991.2 GTS manual pops up it might steal the 650 from me....
Agree.
This sounds just about spot on.
Good luck with your search.
Edited by Bispal on Tuesday 18th December 08:39
Bispal said:
I think prices have fallen in a big way in past 12 weeks, as have the stock markets! But at the current prices I am sure £10k pa from here on, £15k pa max for next 2 years. I Can't see £99k for a 650s spider in the spring unless its low spec, 30k miles out of warranty in a dull colour. However none of us has a crystal ball and its uncertain times. If a car I like the look of comes up at a price that is reasonable I think I will take my chances. I am certain at £99k the market would dry up as owners would just keep hold of their cars and put them into storage. I know dealers and owners who are starting to do that anticipating a turn around in late spring post Brexit nonsense. So there could be a window of only a few months to get a good car at a good price before many cars get stored away or the market stabilises.
Hope you're correct - just went for a spider in the $120k range and hope not to lose too much over the next 2-3 yearsGassing Station | McLaren | Top of Page | What's New | My Stuff