Put order in for 600LT

Put order in for 600LT

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Sarnie

8,025 posts

208 months

Thursday 6th December 2018
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bertie said:
Impressive crystal ball you got there.

Maybe you'll be right, maybe it'll follow in footsteps of 675LT, who knows.

The same depreciation argument could be used for 99% of new cars though.
You don't need to look forwards to see what will happen.......you only have to look backwards for what has happened previously.

It won't stay at overs like the 675LT for long at all once the flippers get their cars and list them in the coming weeks and months.........

It will of course be a great car, they always are, it will get the plaudits and the magazines will tell you it's better than all it's rivals..........and then before you know it, McLaren will release yet another new car....(720 Spider being unveiled Saturday......Model X early next year........720LT at Geneva 2020......Sport series replacement......BP23 etc etc).

And I post this as a current McLaren owner.

cypriot

475 posts

98 months

Thursday 6th December 2018
quotequote all
Sarnie said:
You don't need to look forwards to see what will happen.......you only have to look backwards for what has happened previously.

It won't stay at overs like the 675LT for long at all once the flippers get their cars and list them in the coming weeks and months.........

It will of course be a great car, they always are, it will get the plaudits and the magazines will tell you it's better than all it's rivals..........and then before you know it, McLaren will release yet another new car....(720 Spider being unveiled Saturday......Model X early next year........720LT at Geneva 2020......Sport series replacement......BP23 etc etc).

And I post this as a current McLaren owner.
you could say the same for any GT porsche, and yet they don't seem to loose their overs even considering the ridiculous number of flippers.

Sarnie

8,025 posts

208 months

Thursday 6th December 2018
quotequote all
cypriot said:
you could say the same for any GT porsche, and yet they don't seem to loose their overs even considering the ridiculous number of flippers.
But we aren't talking about Porsche.............

r o n n i e

365 posts

175 months

Thursday 6th December 2018
quotequote all
Sarnie said:
cypriot said:
you could say the same for any GT porsche, and yet they don't seem to loose their overs even considering the ridiculous number of flippers.
But we aren't talking about Porsche.............
Like the majority of cars, the majority of pork deprecates.

I say this as someone who has enjoyed the expirences of driving the nuts off my 911s as well as taking the depreciation hit of buying new.

hunter 66

3,888 posts

219 months

Thursday 6th December 2018
quotequote all
As a Porsche driver of years , lost over 50% on my last GT3 and expect to lose on my new RS , this is normal if used a lot .
I applaud Macca for making the most amazing cars and new models are needed to move the game on , which forces the old guard ( Porsche , Ferrari , Lambo etc ) to up their game .

bertie

8,545 posts

283 months

Thursday 6th December 2018
quotequote all
Sarnie said:
You don't need to look forwards to see what will happen.......you only have to look backwards for what has happened previously.

It won't stay at overs like the 675LT for long at all once the flippers get their cars and list them in the coming weeks and months.........

It will of course be a great car, they always are, it will get the plaudits and the magazines will tell you it's better than all it's rivals..........and then before you know it, McLaren will release yet another new car....(720 Spider being unveiled Saturday......Model X early next year........720LT at Geneva 2020......Sport series replacement......BP23 etc etc).

And I post this as a current McLaren owner.
Will it follow the value path of the normal series cars or the 675LT...I don't know.

The Surveyor

7,576 posts

236 months

Thursday 6th December 2018
quotequote all
cypriot said:
you could say the same for any GT porsche, and yet they don't seem to loose their overs even considering the ridiculous number of flippers.
Nobody really pays list for a GT Porsche though. Anybody who is on the list to get a new GT Porsche has needed to buy multiple cars off a dealer to climb up the ladder, so whilst a £115k list GT3 may be on the market for £150k, the first owner would have spent much more than that 'profit' to get to the front of the que. It's an artificially manipulated market and only possible because they don't need to make profit on their GT sales, their profit being delivered by the rest of their massive range of sports cars and SUV's.

McLaren can't limit their supply like Porsche do with their GT cars because they need the sales to grow their brand. McLaren is more like Rolls Royce and Aston Martin in their trading model than Porsche.

mikey k

13,011 posts

215 months

Thursday 6th December 2018
quotequote all
bertie said:
Sarnie said:
You don't need to look forwards to see what will happen.......you only have to look backwards for what has happened previously.

It won't stay at overs like the 675LT for long at all once the flippers get their cars and list them in the coming weeks and months.........

It will of course be a great car, they always are, it will get the plaudits and the magazines will tell you it's better than all it's rivals..........and then before you know it, McLaren will release yet another new car....(720 Spider being unveiled Saturday......Model X early next year........720LT at Geneva 2020......Sport series replacement......BP23 etc etc).

And I post this as a current McLaren owner.
Will it follow the value path of the normal series cars or the 675LT...I don't know.
Somewhere in between I suspect
No limit on numbers just production time
I love my 675LTS, its not an investment car, it gets driven (4k miles in 6 months so far)
I admire McLaren for breaking new ground with each new model.
Yes it hits the value of the older cars, BUT they have only been doing it 6 years.
They still have a lot to learn on the commercial side wink
I have my order in for a 750LTS in 2020 smile

mikey k

13,011 posts

215 months

Thursday 6th December 2018
quotequote all
The Surveyor said:
cypriot said:
you could say the same for any GT porsche, and yet they don't seem to loose their overs even considering the ridiculous number of flippers.
Nobody really pays list for a GT Porsche though. Anybody who is on the list to get a new GT Porsche has needed to buy multiple cars off a dealer to climb up the ladder, so whilst a £115k list GT3 may be on the market for £150k, the first owner would have spent much more than that 'profit' to get to the front of the que. It's an artificially manipulated market and only possible because they don't need to make profit on their GT sales, their profit being delivered by the rest of their massive range of sports cars and SUV's.

McLaren can't limit their supply like Porsche do with their GT cars because they need the sales to grow their brand. McLaren is more like Rolls Royce and Aston Martin in their trading model than Porsche.
There's the elephant in the room
I have a mate whos made money on Porsche GT's BUT he conveniently forgets the losses on the Targa, Turbo, Nacan and Panamera wink
Ferrari are the same, with the funding from FIAT rather than SUV's

bertie

8,545 posts

283 months

Thursday 6th December 2018
quotequote all
All this talk of values.....

I've never ever made money on a car, never expect to, but it's not why we buy them is it?

Surely you go into buying any Porsche / Ferrari / McLaren / Aston because you love the car?

They're a toy to enjoy, not an investment.

r o n n i e

365 posts

175 months

Thursday 6th December 2018
quotequote all
bertie said:
All this talk of values.....

I've never ever made money on a car, never expect to, but it's not why we buy them is it?

Surely you go into buying any Porsche / Ferrari / McLaren / Aston because you love the car?

They're a toy to enjoy, not an investment.
To a degree.

I can understand why people spending 200-300k are more concerned about values than people spending 50-100k on as you say a toy.

Whilst one can assume someone able to afford at the more expensive end is earning more and therefore able to better absorb larger losses, everything is still relative.

By that I mean a 50k loss to someone earning £1M versus someone on quarter of a buck is still 2 years school fees or any other day to day unit value you care to pick.

bertie

8,545 posts

283 months

Friday 7th December 2018
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My point was that the idea of cars as either increasing in value or staying level from new, is a relatively new phenomenon.

Not so long ago every car going lost money, some maybe slightly more or less than others, but not by much.

It was accepted that was the case, no one ever expected anything different.

My first Ferrari I bought, ran for 2 years, lost 25% and was very happy as that was normal and was more or less what had happened on all the previous TVRs I'd had.

So I think the market is just returning to normal after a period of weirdness.

wazy1984

10 posts

102 months

Monday 17th December 2018
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My local dealer has a cancelled order available, great spec too with all the main options inc Senna seats!

monaco1981

140 posts

142 months

Tuesday 18th December 2018
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Orange by any chance? Drove their demonstrator yesterday. Think it was the launch car (left hooker with grey exterior and orange interior). A step up from my track pack car but not sure it is 100k step up.
wazy1984 said:
My local dealer has a cancelled order available, great spec too with all the main options inc Senna seats!

wazy1984

10 posts

102 months

Tuesday 18th December 2018
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No it’s a brand new unregistered car due shortly in grey. Really top spec too

stoatage17

119 posts

85 months

Wednesday 3rd July 2019
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Has anyone had any experience of 600LT depreciation recently. I have had 2 Mclarens(570S and 720S, have lost a bit, but the person who bought my 720S has lost a further £80k in 8 months. Want a nearly new 600LT spider which I will be able to get with a reasonable discount soon, but don't, like all , want to loose £6-7K a month thereafter.
It is a stunning car, but think Mclaren have got there marketing so wrong. They will lose a lot of loyal customers if they keep making too many cars and changing them too soon.

stoatage17

119 posts

85 months

Wednesday 3rd July 2019
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I meant to say that my other 2 casrs were new, but wouldn't dream of doing that now!

Juno

4,481 posts

248 months

Wednesday 3rd July 2019
quotequote all
stoatage17 said:
Has anyone had any experience of 600LT depreciation recently. I have had 2 Mclarens(570S and 720S, have lost a bit, but the person who bought my 720S has lost a further £80k in 8 months. Want a nearly new 600LT spider which I will be able to get with a reasonable discount soon, but don't, like all , want to loose £6-7K a month thereafter.
It is a stunning car, but think Mclaren have got there marketing so wrong. They will lose a lot of loyal customers if they keep making too many cars and changing them too soon.
You need to be careful what you say around here, the Mclaren Mafia get very upset about depreciation talk yikes I get your point and it’s why I haven’t bought one to date!

mikey k

13,011 posts

215 months

Wednesday 3rd July 2019
quotequote all
stoatage17 said:
Has anyone had any experience of 600LT depreciation recently. I have had 2 Mclarens(570S and 720S, have lost a bit, but the person who bought my 720S has lost a further £80k in 8 months. Want a nearly new 600LT spider which I will be able to get with a reasonable discount soon, but don't, like all , want to loose £6-7K a month thereafter.
It is a stunning car, but think Mclaren have got there marketing so wrong. They will lose a lot of loyal customers if they keep making too many cars and changing them too soon.
LT's suffer it less. 570 and 720 have taken a bit of a hammering. but then so have most cars of recent months.
Did you get a discount on them new?
I bought a built to my spec 650S spider a few years ago, I haggled hard and was careful on the spec (good resale options not mental on the carbon). I part exchanged it 2.5 years later with 20k miles on it lost £50k doing it. I'm comfortable with that as it gave us some superb memories from touring round Europe.
Buy wise and you can do better than that, buy new at the peak of the season and you are going to get hammered.

The 600LT is an superb car but not that limited and popular at the moment. I'd hang on until the Autumn (or even winter) and pick up low priced one then.

I love my 675 and plan on keep it for a long time, though judging by current ones for sale they do seem to have stabilised. Glad I bought it used though the first owner took a big hit on it. (paid list and went mad on the spec)

Juno

4,481 posts

248 months

Wednesday 3rd July 2019
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I think the 675 is the Mclaren to own!