12c under £90k
Discussion
Was also looking to get into a 12C the one in question at an official dealer would come with a 1yr warranty and the major service done . Was quoted ongoing costs £4960 1yr and £9650 2yr +minor service £800 major £1800 + higher insurance cost much higher . I run a Porsche and the cost for 2 yr warranty is £1880 service around 600 to 1000 I know it is not a MCL but is £100K car .
woodysnr said:
I run a Porsche and the cost for 2 yr warranty is £1880 service around 600 to 1000 I know it is not a MCL but is £100K car .
It's a £100k car now. You can't seriously expect a car double the list price when new to a Porsche to have the same running/warranty costs irrespective of what the current price is. isaldiri said:
It's a £100k car now. You can't seriously expect a car double the list price when new to a Porsche to have the same running/warranty costs irrespective of what the current price is.
a GT2 RS is over £200k new, i bet when 5 years it don't cost the same to run as a 5 year old 12cNano2nd said:
a GT2 RS is over £200k new, i bet when 5 years it don't cost the same to run as a 5 year old 12c
Porsche produce 200+k cars, of which maybe 50k are sports cars that share a surprising amount of commonality. There are vast amounts of economies of scale which Mclaren can and will never share. it's not exactly a reasonable comparison and funnily enough no one ever seems to have a go at Ferrari for their warranty being multiples of Porsche, only Mclaren.I've said this many times, if running costs are a factor compared to Porsche, Mclaren are not and will not ever be for that person.
Oh and please go ahead to buy a 991 gt2rs - you can't unless you are a Porsche VIP.
Cars get more sophisticated as time goes on. McLaren is a step ahead in sophistication compared to most other brands - that's what gives it the performance. But, sophistication equals more gubbins and more gubbins equals more chance of failure. (Gubbins equals sensors, transducers, actuators etc....)
The reason ferrari and lambo owners can run without a warranty is that their cars arent as sophisticated. I would not contemplate running a Macca without warranty.
The reason ferrari and lambo owners can run without a warranty is that their cars arent as sophisticated. I would not contemplate running a Macca without warranty.
RamboLambo said:
If you cant afford to run a proper supercar you don't have to buy a McLaren. Go buy an inferior sports car FFS
To me it doesn’t say much about Mclaren’s faith in the longevity of the 12c if after 5 years they rack the price up to £5K. I appreciate these are complicated cars but if Mclaren are serious about building a loyal following then they need to share more technical knowledge with independents thus giving owners a choice. Try booking in your car to a main dealer and see how long you have to wait, they can’t have it both ways .And before the usual knockers pipe in yes I have owned one and many other super cars
Chrism355 said:
To me it doesn’t say much about Mclaren’s faith in the longevity of the 12c if after 5 years they rack the price up to £5K. I appreciate these are complicated cars but if Mclaren are serious about building a loyal following then they need to share more technical knowledge with independents thus giving owners a choice. Try booking in your car to a main dealer and see how long you have to wait, they can’t have it both ways .
I think Mclaren need to take a leaf out of Ferrari's book and offer a lower level of warranty for the older cars but keep the cost semi sensible. How much is the Ferrari extended and power warranties at the moment if anyone knows?IMO, someone with a 12c or early 650 would be happy to live with something that covered the main bits, ie powertrain and a few electricals (mainly say iris2) as those are the parts that if they go wrong and end up costing a fortune rather than the current (sort of) all inclusive warranty that was originally setup to mimic the 3 year manufacturer warranty. For example, I had the suspension accumulators on my car (and various other bits and bobs) changed under warranty and in all honesty, those are starting to be consumables that I wouldn't have minded paying for if the warranty was cheaper and provided less coverage.
5k for a warranty that covers all bases. On cars like this I dont think its that mad. Some may look at the risk of paying out 10k over 2 years but the biggest issue many have pointed out is there is little option as maintainence has effectively been kept in house with no independents. This seriously over inflates the cost. Something the marque needs to address, or depreciation will scare off buyers.
As an aside, ive just picked up an 11k bill for restoration and repair work on my 348. A car thats regarded as in very good condition for its type. They can all hit you in the pocket hard. You might be fine but always put aside as they are not your regular car, no matter how new or in my case old.
As an aside, ive just picked up an 11k bill for restoration and repair work on my 348. A car thats regarded as in very good condition for its type. They can all hit you in the pocket hard. You might be fine but always put aside as they are not your regular car, no matter how new or in my case old.
Edited by R36vw on Monday 5th February 23:15
The warranty has increased by £1,500. Yes its a bit of a shock but it is a supercar and the warranty cover is exceptional. To put it into perspective in 2 years of 12C ownership I have only spent £1k on a service plus tyres and the warranty. Not a penny more. It has been cheaper than my 996C2 on which I spent £7k in one visit to a specialist. My 1985 M635 which also cost me £7k in repairs in one year and my E39 M5 that cost me £5k in one year. My F355 is also around £5k in the past 12 months and even My S1 Elise was £2k. My point is that once you pay for the warranty and service there is nothing more to pay and McLarens are supercars with performance that blows 99.9% of all other cars away. They are excellent value just now so pick up a winter bargain and the overall running costs will still probably be less than some normal sports or classic cars.
Thorney Motorsport have just announced their own warranty for £3.5k. The warranty has a £10k limit as the most expensive item, the gearbox, can be swapped out for a refurbished one for £7-8k so everything is covered. They also offer servicing packages. McLaren need independents to survive with the older cars just like Ferrari do and Thorney Motorsport and Backdraft are the first two to service, repair & modify McLarens. In a few years very few will have the McLaren warranty as the independents will be well established and the high repair costs will no longer exist.
Thorney Motorsport have just announced their own warranty for £3.5k. The warranty has a £10k limit as the most expensive item, the gearbox, can be swapped out for a refurbished one for £7-8k so everything is covered. They also offer servicing packages. McLaren need independents to survive with the older cars just like Ferrari do and Thorney Motorsport and Backdraft are the first two to service, repair & modify McLarens. In a few years very few will have the McLaren warranty as the independents will be well established and the high repair costs will no longer exist.
Bispal said:
The warranty has increased by £1,500. Yes its a bit of a shock but it is a supercar and the warranty cover is exceptional. To put it into perspective in 2 years of 12C ownership I have only spent £1k on a service plus tyres and the warranty. Not a penny more. It has been cheaper than my 996C2 on which I spent £7k in one visit to a specialist. My 1985 M635 which also cost me £7k in repairs in one year and my E39 M5 that cost me £5k in one year. My F355 is also around £5k in the past 12 months and even My S1 Elise was £2k. My point is that once you pay for the warranty and service there is nothing more to pay and McLarens are supercars with performance that blows 99.9% of all other cars away. They are excellent value just now so pick up a winter bargain and the overall running costs will still probably be less than some normal sports or classic cars.
Thorney Motorsport have just announced their own warranty for £3.5k. The warranty has a £10k limit as the most expensive item, the gearbox, can be swapped out for a refurbished one for £7-8k so everything is covered. They also offer servicing packages. McLaren need independents to survive with the older cars just like Ferrari do and Thorney Motorsport and Backdraft are the first two to service, repair & modify McLarens. In a few years very few will have the McLaren warranty as the independents will be well established and the high repair costs will no longer exist.
Excellent news. This far outweighs the £1500 increase which was enforced but the high run rate of mundane, but still expensive, items on early 12C product. Thorney Motorsport have just announced their own warranty for £3.5k. The warranty has a £10k limit as the most expensive item, the gearbox, can be swapped out for a refurbished one for £7-8k so everything is covered. They also offer servicing packages. McLaren need independents to survive with the older cars just like Ferrari do and Thorney Motorsport and Backdraft are the first two to service, repair & modify McLarens. In a few years very few will have the McLaren warranty as the independents will be well established and the high repair costs will no longer exist.
Hopefully McLaren have learnt and wont rush a product to market before its ready in the future
New Warranty, new Mclaren Owners Service plan and potentially investment opportunity.
Ok, first off there are still some details to be finalised, my plan was to launch all this in March but changes from Mclaren and their warranty have meant I've had to accelerate a little, the salient details are correct but there maybe some small changes to come.
All of this was at the recent annual night out but it got a bit lost with everything sadly.
There are three parts, a new warranty for Mclaren owners, a new service plan and also a potential investment opportunity for those who may be interested.
Mclaren Warranty:
Full vehicle inspection
Unlimited mileage
12 month cover
£10,000 maximum (per claim, not total)
£500 xs (per period, not per claim)
£2850 per year
Warranty is for the car so transferrable
Mclaren Owners Service Plan
Full vehicle inspection
Free diagnostic checks
Free track day pre and post inspections
50% discount on all labour rates
Customised service plan and vehicle passport
£1250 one off payment
Plan is for the owner not the car, not transferrable
Buy both together save £100 - £4,000
I must emphasise this is not a generic warranty we have bought from a third party, its something we have developed specially for the cars based on what we have learnt over the last 3 years. For those who think it is cheap? Its not, its based on what we think will go wrong and also what we know goes wrong and how to fix it. It isnt a manufacturer warranty, we will repair and fix rather than just replace without question. We know these cars. The inspection is included in the cost.
We offer full UK wide collection and delivery at a cost of £1.20 per mile uncovered transport, £1.50 per mile for covered transport or free courtesy cars for those happy to drive their own car for service/work.
The investment opportunity is separate but first refusal will be given to owners wishing to participate. We have created a newco called Mclaren Silverstone Ltd and will be offering 24% of the issued shares to owners. A maximum of 1% per owner/investor is allowed at a soon to be announced valuation. The newco will be eligible for SEIS relief.
Lots of the details are still at the lawyers so it will take little time to complete, as I said I was planning on launching this Match 1st not end Jan, but Mclarens warranty for older cars just doesnt make financial sense for anyone so I've brought it forward.
Ok, first off there are still some details to be finalised, my plan was to launch all this in March but changes from Mclaren and their warranty have meant I've had to accelerate a little, the salient details are correct but there maybe some small changes to come.
All of this was at the recent annual night out but it got a bit lost with everything sadly.
There are three parts, a new warranty for Mclaren owners, a new service plan and also a potential investment opportunity for those who may be interested.
Mclaren Warranty:
Full vehicle inspection
Unlimited mileage
12 month cover
£10,000 maximum (per claim, not total)
£500 xs (per period, not per claim)
£2850 per year
Warranty is for the car so transferrable
Mclaren Owners Service Plan
Full vehicle inspection
Free diagnostic checks
Free track day pre and post inspections
50% discount on all labour rates
Customised service plan and vehicle passport
£1250 one off payment
Plan is for the owner not the car, not transferrable
Buy both together save £100 - £4,000
I must emphasise this is not a generic warranty we have bought from a third party, its something we have developed specially for the cars based on what we have learnt over the last 3 years. For those who think it is cheap? Its not, its based on what we think will go wrong and also what we know goes wrong and how to fix it. It isnt a manufacturer warranty, we will repair and fix rather than just replace without question. We know these cars. The inspection is included in the cost.
We offer full UK wide collection and delivery at a cost of £1.20 per mile uncovered transport, £1.50 per mile for covered transport or free courtesy cars for those happy to drive their own car for service/work.
The investment opportunity is separate but first refusal will be given to owners wishing to participate. We have created a newco called Mclaren Silverstone Ltd and will be offering 24% of the issued shares to owners. A maximum of 1% per owner/investor is allowed at a soon to be announced valuation. The newco will be eligible for SEIS relief.
Lots of the details are still at the lawyers so it will take little time to complete, as I said I was planning on launching this Match 1st not end Jan, but Mclarens warranty for older cars just doesnt make financial sense for anyone so I've brought it forward.
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