Delivery Mileage F1, Anyone?
Discussion
ashleyman said:
Someone was talking about storage conditions and if it had been drained of anything. Interesting warning stickers on the rear windows. I wonder if thats a McLaren notice or something else.
Hang on - someone has taken the wrapping off the seat!!! That's it, TH can whistle for his £25m...I won't pay a penny more than £24m.markj113 said:
Here is a vid of a previous owner that purchased the race version and running costs involved :
https://www.youtube.com/watch?v=EsKDGdcb6BQ
Well worth a watch.
Unfortunately, much of what that guy said in the video was wrong.https://www.youtube.com/watch?v=EsKDGdcb6BQ
Well worth a watch.
_Superleggera_ said:
That's going to be 15M+ I think.
Quite possibly.The problem with a dealer "owning" stock is that, unlike when the dealer is acting as agent and, at least to some extent, seeking common ground between buyer and seller, when the dealer is selling his own stock the transaction becomes a zero-sum game in which he has a powerful motivation to squeeze the last penny out of the buyer, even if that might mean, shall we say, embellishing the facts.
Fermit The Krog and Sexy Sarah said:
Caddyshack said:
WCZ said:
it's suprising to me that someone bought it as an investment, I thought they were struggling to sell cars back when it was released?
Warren buffet invests at the bottom and holds, the skilled investor sees the value and waits. It is the sheep that buy the things that have risen and make very little. I wish I had this foresight. I just buy cars that tank in value.
The best I can manage at the minute is spending £600-£750 on a clean unmolested Saxo VTR. They're dropping like flies, and I'm convinced keeping one for 10 years, using it once a week and giving it a basic yearly service would yield a great return.
I've lost track of the stuff I've owned because I liked it, then sold on only to see the market go nuts; I had a 1971 Jensen Interceptor for years. Only paid £4K for it, sold it for less than that and basket cases are now getting £10k+; there was an FF a few years back up for £18K a half decent one needing work is £60K today and pristine ones £100K or more. In 2007 I had a chance on a Ferrari 308 GTS for £20,500 - seen the price of them lately?
These days if I see something I like and I have spare money I just buy it. Not necessarily to make money off but because it seems if I have a fancy for it it will soon escalate to a price that i can't afford so I may as well have it while I can.
billzeebub said:
RAs well use example would have been my preference if lucky enough to be looking for one of these.
Without question. It has history and history with a very well known and liked person. In my opinion that is more valuable than an identical car which has never been used other than in factory testing. Having said that - all hope may not be lost for this car. Anyone who pays £20M for it can easily afford to take a hit of several million to rip the wrappers off and drive it - hell, anyone spending that much money could probably afford to set fire to it if they chose!
If I could afford that much for that car then I'd drive it, no question at all!
suffolk009 said:
There was a thread on twitter yesterday (sorry, I can't find it now) about the wrapping in the interior. Including photos of the interior without the blue taped protective plastic sheets in place.
The intonation of the poster (don't sue me!) was that it had clearly been removed at some point, so could hardly be described as "untouched".
I suppose these details do matter when that sort of thing could add millions of pounds to the asking price.
FWIW, if I were ever in a postion to buy and F1, or any supercar, I'd happily buy a high mileage one safe in the knowledge that I was going to drive the thing. But that's me.
I'm sceptical of the wrapping; even if never touched in 20 years it looks very, very new. Have you ever seen 20 year-old sticky tape? That doesn't look like 20 year-old sticky tape to me.The intonation of the poster (don't sue me!) was that it had clearly been removed at some point, so could hardly be described as "untouched".
I suppose these details do matter when that sort of thing could add millions of pounds to the asking price.
FWIW, if I were ever in a postion to buy and F1, or any supercar, I'd happily buy a high mileage one safe in the knowledge that I was going to drive the thing. But that's me.
AJL308 said:
I'm sceptical of the wrapping; even if never touched in 20 years it looks very, very new. Have you ever seen 20 year-old sticky tape? That doesn't look like 20 year-old sticky tape to me.
here's a picture of it in storage in Japan, some tape on it, but looks like a fresh lot has been added.
AJL308 said:
Fermit The Krog and Sexy Sarah said:
Caddyshack said:
WCZ said:
it's suprising to me that someone bought it as an investment, I thought they were struggling to sell cars back when it was released?
Warren buffet invests at the bottom and holds, the skilled investor sees the value and waits. It is the sheep that buy the things that have risen and make very little. I wish I had this foresight. I just buy cars that tank in value.The best I can manage at the minute is spending £600-£750 on a clean unmolested Saxo VTR. They're dropping like flies, and I'm convinced keeping one for 10 years, using it once a week and giving it a basic yearly service would yield a great return.
I've lost track of the stuff I've owned because I liked it, then sold on only to see the market go nuts; I had a 1971 Jensen Interceptor for years. Only paid £4K for it, sold it for less than that and basket cases are now getting £10k+; there was an FF a few years back up for £18K a half decent one needing work is £60K today and pristine ones £100K or more. In 2007 I had a chance on a Ferrari 308 GTS for £20,500 - seen the price of them lately?
These days if I see something I like and I have spare money I just buy it. Not necessarily to make money off but because it seems if I have a fancy for it it will soon escalate to a price that i can't afford so I may as well have it while I can.
Sure, it won't feel 'fast' to me nowadays, but for taking out for a 10 mile giggle once a week, why not.
Will need to wait a while mind, we're mid renovating, £thousands to be chucked at the house before I can even consider such things!
For the price of this car is likely to fetch, you could have a large house in a desirable area of London, and a stately home complete with estate of 3 figure acreage in the Lake district, and a spare million pounds or so worth of cars to go between them. Yet the person who buys this is going to spend the money on a car they will never drive.
I can't even begin to imagine how rich you'd have to be for that to make sense.
I can't even begin to imagine how rich you'd have to be for that to make sense.
Hmmm - so it's not been driven in 20 years - that'll have done it the world of good, NOT
Anyone looking to buy an F1 to use will, obviously, look elsewhere - buyers for this will be people who just want to look at it and hope that it's continued "paperweight" status doesn't lose them any money (I'd not bet on that myself - how many people want an F1 Paperweight?
)
The idea of USING it not only ruins it's USP, it's going to break pretty quickly - I wonder what Mclaren charge to check-over and replace everything which is perished or corroded or seized?
I wonder what the actual effects of 20 years of standing are - was it drained of fluids? where was it kept?? - has ANYTHING been done to i?? If nothing else, tyres, brakes etc. are life-expired...
Cars don't like not-being-used - it's 80% of what makes people think their weekend specials are 'unreliable' (the other 20% is them being TVRs or MGs ;0 )
Anyone looking to buy an F1 to use will, obviously, look elsewhere - buyers for this will be people who just want to look at it and hope that it's continued "paperweight" status doesn't lose them any money (I'd not bet on that myself - how many people want an F1 Paperweight?
)The idea of USING it not only ruins it's USP, it's going to break pretty quickly - I wonder what Mclaren charge to check-over and replace everything which is perished or corroded or seized?
I wonder what the actual effects of 20 years of standing are - was it drained of fluids? where was it kept?? - has ANYTHING been done to i?? If nothing else, tyres, brakes etc. are life-expired...
Cars don't like not-being-used - it's 80% of what makes people think their weekend specials are 'unreliable' (the other 20% is them being TVRs or MGs ;0 )
Edited by 406dogvan on Wednesday 18th October 21:15
Also - pretty sure Rowan Atkinson wasn't the first owner of his F1 and didn't pay anything like £1m quid for it?
I seem to recall a piece he wrote (for CAR I think?) about how he came to buy it
He's said he'd not been able to justify the cost of a new one but when he saw the one he ended-up buying he simply liked the colour and it was cheaper as it wasn't new!?
He also said we wanted to put another 100K miles on his after repair but I guess decided against that (or his insurers gently discouraged him via a premium which matched his phone number? )
I seem to recall a piece he wrote (for CAR I think?) about how he came to buy it
He's said he'd not been able to justify the cost of a new one but when he saw the one he ended-up buying he simply liked the colour and it was cheaper as it wasn't new!?
He also said we wanted to put another 100K miles on his after repair but I guess decided against that (or his insurers gently discouraged him via a premium which matched his phone number?
)
WCZ said:
don't quote me on this but a figure of £150k springs to mind
I'm almost certain that my old gaffer had an invite to a private viewing of an F1 for sale through Graypaul in Nottingham around 2006'ish (he'd bought an F360 from them previously) I didn't bother going with him but a close colleague of mine did as he was/is a huge Maserati fan. IIRC the car was up for sale around the 375k mark.chazwozza said:
One sold at auction in 2002/3 for just over half a mill. I have the mag in my stack of F1 related news and anything ever printed featuring the car. (I'm a tad obsessed) I remember at the time trying to convince my dad it would be a good investment, oh how it feels to be right..
I don't think they dropped much below £400k for a ropey GTR. That's what I was told by someone in the know at about the time you mention. I kinda wish I'd taken a punt at the time. And that I'd had a spare £400k to be able to.
Gassing Station | McLaren | Top of Page | What's New | My Stuff