720s Below 200K Already
Discussion
I was having a conversation with someone yesterday regarding McLarens current state of affairs, it would even seem that sennas are now being past around at list or below.
The thing that concerns me is how the build quality of these cars seems to have gone down the pan, rewind to the 650 era and that was a decently built quality product, fast forward to present day and they seem unable to cope with the current run rate and getting the quality right resulting in poorly built unreliable cars.
There current business model isn't sustainable on any level, I've lost count of the amount of people that I've heard who have backed these and it's the dealer's and McLaren taking the hit - there not a hugely profitable company anyway and all it will take is a wobble of the economy and it's curtains for them IMO.
Shame really as if they got it right they could be market leaders.
The thing that concerns me is how the build quality of these cars seems to have gone down the pan, rewind to the 650 era and that was a decently built quality product, fast forward to present day and they seem unable to cope with the current run rate and getting the quality right resulting in poorly built unreliable cars.
There current business model isn't sustainable on any level, I've lost count of the amount of people that I've heard who have backed these and it's the dealer's and McLaren taking the hit - there not a hugely profitable company anyway and all it will take is a wobble of the economy and it's curtains for them IMO.
Shame really as if they got it right they could be market leaders.
Turbo cab said:
I was having a conversation with someone yesterday regarding McLarens current state of affairs, it would even seem that sennas are now being past around at list or below.
The thing that concerns me is how the build quality of these cars seems to have gone down the pan, rewind to the 650 era and that was a decently built quality product, fast forward to present day and they seem unable to cope with the current run rate and getting the quality right resulting in poorly built unreliable cars.
There current business model isn't sustainable on any level, I've lost count of the amount of people that I've heard who have backed these and it's the dealer's and McLaren taking the hit - there not a hugely profitable company anyway and all it will take is a wobble of the economy and it's curtains for them IMO.
Shame really as if they got it right they could be market leaders.
I agree that some (may I reiterate SOME) of the cars on the road now are having issues, unfortunately McLaren have manufactured a small amount of poorly built cars.. however, I would be very surprised if you could buy a Senna for list price or below? The thing that concerns me is how the build quality of these cars seems to have gone down the pan, rewind to the 650 era and that was a decently built quality product, fast forward to present day and they seem unable to cope with the current run rate and getting the quality right resulting in poorly built unreliable cars.
There current business model isn't sustainable on any level, I've lost count of the amount of people that I've heard who have backed these and it's the dealer's and McLaren taking the hit - there not a hugely profitable company anyway and all it will take is a wobble of the economy and it's curtains for them IMO.
Shame really as if they got it right they could be market leaders.
Charlie360 said:
if one can get a dealer deposit of 40k on those then that's a new reasonable spec 720 for £200k, so why would any of the currently listed low mileage cars over £200k be of any interest.
Once again, where is this happening?You'll all have to forgive me but these sort of threads always have people stating that you can get 40K or 50K off new builds by just walking in off the street but I never seem to see any real world examples.
Mclaren dealerships up and down the country have 6 month old 720S's with low mileage in their showrooms right now for between 200-250K, but apparently you can walk in straight passed a used car up for 230K and buy a brand new spec one for 210K? Where is this happening? Who's in charge of their business model, Tim nice but Dim?
As someone who actually buys McLarens (picking up my third tomorrow morning) I'd be very interested.
Yes there are deals to be had if you do your homework but each successive thread I read on here the prices plummet still further. Hang on another few months and a new 720 will be about 30 quid.
Clearly McLarens are suffering more depreciation than similar marques and yes there are quality and service issues, all this I accept and have personal experience of but I'm not buying all these "Everything must go!" firesale prices that apparently you can achieve by just pick up the phone.
Happy to be corrected of course, I know a few people in and around the McLaren network now so if you've just ordered your new 720S with all the options for 210 grand PM the details and I'll come back and offer a grovelling apology!
I was going on the email screen shot posted earlier in the same thread, offering a dealer " deposit contribution" on a new 570GT of approximately £40k (specifically it seemed to be offered by McLaren Manchester) and suggesting that IF it applies to the 570GT then applying a similar discount to the 720 would indeed damage the second hand market, so I wasn't saying that it was definitely applicable to 720s. Did you sell your 720 as I see it's no longer listed with AB?
Edited by Charlie360 on Thursday 4th October 12:29
Charlie360 said:
I was going on the email screen shot posted earlier in the same thread, offering a dealer " deposit contribution" on a new 570GT of approximately £40k (specifically it seemed to be offered by McLaren Manchester) and suggesting that IF it applies to the 570GT then applying a similar discount to the 720 would indeed damage the second hand market, so I wasn't saying that it was definitely applicable to 720s. Did you sell your 720 as I see it's no longer listed with AB?
That dealer contribution is on a finance deal yes? So it would be interesting to see the figures. I'm talking about going in and ordering a new car to your own spec and then see how much is coming off, I just don't see how people are getting them 20k cheaper than the used cars sitting next to them in the same room.Edited by Charlie360 on Thursday 4th October 12:29
Certainly you can get a good discount on a new car they already have in stock and need to shift, I've done that myself, but that's not the same ball game. I'm not trying to insinuate anyone is a liar here it just seems that these things are snowballing and it's starting to lack any authenticity.
Yep, 720S sold, money lost but acceptable to me as a part of the process.
570 Spider waiting for me at Glasgow! A lovely weekend planned driving it back through the Lakes, the Dales and the Peaks! Hoping it doesn't rain. Should be virtually run-in by the time I get home on Sunday.
br d said:
That dealer contribution is on a finance deal yes? So it would be interesting to see the figures. I'm talking about going in and ordering a new car to your own spec and then see how much is coming off, I just don't see how people are getting them 20k cheaper than the used cars sitting next to them in the same room.
Certainly you can get a good discount on a new car they already have in stock and need to shift, I've done that myself, but that's not the same ball game. I'm not trying to insinuate anyone is a liar here it just seems that these things are snowballing and it's starting to lack any authenticity.
Yep, 720S sold, money lost but acceptable to me as a part of the process.
570 Spider waiting for me at Glasgow! A lovely weekend planned driving it back through the Lakes, the Dales and the Peaks! Hoping it doesn't rain. Should be virtually run-in by the time I get home on Sunday.
Congratulations on the new 570S br d and i hope you have a better drive through the lakes than Ben did on his Euro trip where he would have been better off going on the train...Certainly you can get a good discount on a new car they already have in stock and need to shift, I've done that myself, but that's not the same ball game. I'm not trying to insinuate anyone is a liar here it just seems that these things are snowballing and it's starting to lack any authenticity.
Yep, 720S sold, money lost but acceptable to me as a part of the process.
570 Spider waiting for me at Glasgow! A lovely weekend planned driving it back through the Lakes, the Dales and the Peaks! Hoping it doesn't rain. Should be virtually run-in by the time I get home on Sunday.
cayman-black said:
Congratulations on the new 570S br d and i hope you have a better drive through the lakes than Ben did on his Euro trip where he would have been better off going on the train...
It really is a shame that Ben didn't make it through the trip... however, there have been two different road trips (Scotland and EU) within the McLaren Owners Group in the past month, which over 20 cars have took part in.... with 0 faults
Turbo cab said:
There current business model isn't sustainable on any level, I've lost count of the amount of people that I've heard who have backed these and it's the dealer's and McLaren taking the hit - there not a hugely profitable company anyway and all it will take is a wobble of the economy and it's curtains for them IMO.
They aren't profitable at all. They lost over £10k on every car sold last year.A hard brexit resulting in a slowing UK economy and 20% tariff on vehicle exports could finish them.
I have been saying this for years..how right have I been proved??
Told you the 720s would flop - well under £200k now and dropping like a stone. No one wants it because its ugly, and its hyper speed is irrelevant in a market dominated by the Italian brands with their heritage, looks and noise.
A dealer friend told me of a bid of £65k on a 12C with 20k miles...there is no bottom to this nightmare.
The cars are complicated, parts are super expensive and some are unserviceable, and there are no indies.
Remember when the iPhone came out and we all asked what happens when the battery dies as you cant replace it..? Well this is the equivalent in a car - you just cant keep it - you have to forever swap it in for the next model...
Disaster....disaster...
And there is worse to come...
2018 I think is the year when the general super car buying public will finally realise this reality with McLaren - many people now seem to know this and avoid the brand. Coupled with the Brexit uncertainly, and the fact that the UK remains the 2nd largest market for these cars, 2019 may well prove to be a disaster for McLaren sales.
Any ideas how they will respond? In the only way they know how....discount, discount...your £150k 720s is just several months away...
TP321 said:
And there is worse to come...
2018 I think is the year when the general super car buying public will finally realise this reality with McLaren - many people now seem to know this and avoid the brand. Coupled with the Brexit uncertainly, and the fact that the UK remains the 2nd largest market for these cars, 2019 may well prove to be a disaster for McLaren sales.
Any ideas how they will respond? In the only way they know how....discount, discount...your £150k 720s is just several months away...
Just reading through your recent replies on recent forums... it seems as though you have only replied to McLaren forums in the past 3 months, slating the brand. Do you have a secret obsession???? With the brand that not only produces a better looking car than the Italians, but it also out performs the Italians? 2018 I think is the year when the general super car buying public will finally realise this reality with McLaren - many people now seem to know this and avoid the brand. Coupled with the Brexit uncertainly, and the fact that the UK remains the 2nd largest market for these cars, 2019 may well prove to be a disaster for McLaren sales.
Any ideas how they will respond? In the only way they know how....discount, discount...your £150k 720s is just several months away...
TP321 said:
I have been saying this for years..how right have I been proved??
Told you the 720s would flop - well under £200k now and dropping like a stone. No one wants it because its ugly, and its hyper speed is irrelevant in a market dominated by the Italian brands with their heritage, looks and noise.
A dealer friend told me of a bid of £65k on a 12C with 20k miles...there is no bottom to this nightmare.
The cars are complicated, parts are super expensive and some are unserviceable, and there are no indies.
Remember when the iPhone came out and we all asked what happens when the battery dies as you cant replace it..? Well this is the equivalent in a car - you just cant keep it - you have to forever swap it in for the next model...
Disaster....disaster...
just because it drops in value does not make it a bad car. My FF dropped from about 330k to 180k in 3 years and a further 3 years on is now probably worth 100-120k - still the best car I have ever owned.
Can't believe how much people on here keep harping on about values to qualify how good or bad a car is. Is a Carrera GT a bad car because it dropped from 460k (or some such list price) to 300k over a few years?
I don't own a McLaren btw, so have no dog in this fight.
all Euro figures btw
Can't believe how much people on here keep harping on about values to qualify how good or bad a car is. Is a Carrera GT a bad car because it dropped from 460k (or some such list price) to 300k over a few years?
I don't own a McLaren btw, so have no dog in this fight.
all Euro figures btw
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