720s Below 200K Already

[f1ten]

I agree with that.
I've been chatting with a lot of people in the car industry in the last couple of months and it is clear that supercar sales are slowing and add to the mix the virtually weekly announcements of
New versions of AMG GTR, BMW 8 series, 600lt etc The choice is huge and there simply cannot be that many people with over 100k to spend, add to that some people won't buy second hand cars !

Ps. I'm a Big McLaren fan, I own a ferrari but I came close to buying a 650s a year ago. I have Nothing against the brand but agree that you need to think twice now that things are slowing down, a £40k drop after a couple of thousand miles is not something I want to deal with at the moment !

[The Surveyor]

MartinRS2K said:

Serious question.

Is this a good deal or am I buying a car ready to plummet in value if a dealer is prepared to knock off £40k on a new car? I currently have a GT3 Touring and was looking to try and get a new GT3RS to go with it but this 570GT seems unbelievable value with £40k contribution.

I'm not trying to start another values and depreciation thread just wanting some knowledgeable advice as I know very little about McLaren's. Is this car a good spec or is it missing things that it really needs?

There is enough comment on here regarding the value, the comment from TP above is pretty balanced.

According to Chris Harris, the GT is the sweet-spot of the Sports Series range ( https://www.bing.com/videos/search?q=youtube+570gt... ) but best advice is to drive one. Whatever the price, if you hate it it's going to be poor value.

[johnwilliams77]

TP321 said:

It simply means that they can’t sell it at list price. Which in turn means that the list price is not supported by the market. So if you want one, at least you are side stepping some serious depreciation, but you are buying a car with very weak demand.

I have seen them do this with the previous Bentley Continental - list price £185k with spec, now £145k. Always cars they had from stock or had to stock for they manufacturers discount.

I am guessing this is what is happening here with this one.

Ah TP, there's a good boy. You're learning to play nicely.

[av185]

MartinRS2K said:

av185 said:

Just received this e mail from McLaren Manchester:

Serious question.

Is this a good deal or am I buying a car ready to plummet in value if a dealer is prepared to knock off £40k on a new car? I currently have a GT3 Touring and was looking to try and get a new GT3RS to go with it but this 570GT seems unbelievable value with £40k contribution.

I'm not trying to start another values and depreciation thread just wanting some knowledgeable advice as I know very little about McLaren's. Is this car a good spec or is it missing things that it really needs?

Keep the GT3 Touring!

I was half tempted to look at this McLaren but to seriously make it worth coming out of a 2. GT3 it would really have to be a 720.

The other point is that from my experience cars that are heavily discounted new are cheap for a reason and will continue depreciating more than the norm. Worth thinking about.

[The Surveyor]

av185 said:

Keep the GT3 Touring!

I was half tempted to look at this McLaren but to seriously make it worth coming out of a 2. GT3 it would really have to be a 720.

…..

I read it that he was looking for it to sit with his Touring, not to replace it.

[av185]

The Surveyor said:

av185 said:

Keep the GT3 Touring!

I was half tempted to look at this McLaren but to seriously make it worth coming out of a 2. GT3 it would really have to be a 720.

…..

I read it that he was looking for it to sit with his Touring, not to replace it.

Ok but I was referring to it from my own point of view.

[WCZ]

TP321 said:

It simply means that they can’t sell it at list price. Which in turn means that the list price is not supported by the market. So if you want one, at least you are side stepping some serious depreciation, but you are buying a car with very weak demand.

I have seen them do this with the previous Bentley Continental - list price £185k with spec, now £145k. Always cars they had from stock or had to stock for they manufacturers discount.

I am guessing this is what is happening here with this one.

I'd argue the 720s has been Mclarens most successful car and has created more exposure than any others.

It's insane hypercar performance has been seen by hundreds of millions on youtube, beating other more expensive cars constantly

it's a great car for the brand

[Jules360]

WCZ said:

I'd argue the 720s has been Mclarens most successful car and has created more exposure than any others.

It's insane hypercar performance has been seen by hundreds of millions on youtube, beating other more expensive cars constantly

it's a great car for the brand

They may be more common in their home market, but here in Dubai where i see Ferraris and Lambos every day, I can only remember seeing two 720s. That goes for the 650 and 570/540 too ... all a very rare sight.

[MartinRS2K]

Thanks for all the helpful replies guys

I think I will need to visit a McLaren dealer and try one out. My other consideration is the travelling distance for servicing/warranty work. Glasgow 75 miles or Manchester 140 miles.

As an alternative, I know this has one owner (barely) having done 75 miles but the spec seems much better?

https://www.pistonheads.com/classifieds/used-cars/...

[MartinRS2K]

av185 said:

The Surveyor said:

av185 said:

Keep the GT3 Touring!

I was half tempted to look at this McLaren but to seriously make it worth coming out of a 2. GT3 it would really have to be a 720.

…..

I read it that he was looking for it to sit with his Touring, not to replace it.

Ok but I was referring to it from my own point of view.

Yes I will be keeping the Touring either way

[The Surveyor]

MartinRS2K said:

Thanks for all the helpful replies guys

I think I will need to visit a McLaren dealer and try one out. My other consideration is the travelling distance for servicing/warranty work. Glasgow 75 miles or Manchester 140 miles.

As an alternative, I know this has one owner (barely) having done 75 miles but the spec seems much better?

https://www.pistonheads.com/classifieds/used-cars/...

Both Glasgow and Manchester (who I use, from Newcastle) have decent reputations from a service and sales perspective. Give Glasgow a call and have a drive in one of their GT's, they have a few in stock.

On the spec side, don't pay overs for spec IMHO. Carbon interior and security packs are the only things that I'd consider as essential, they get you the extended shift paddles and nose lift. External carbon is very expensive to buy but that doesn't seem to be reflected at trade-in, and carbon brakes were not originally standard on the GT. The steel brakes don't lack performance and are much cheaper to replace, albeit they lack a little showroom appeal.

If you drive one, let us know what you think.

[MartinRS2K]

The Surveyor said:

Both Glasgow and Manchester (who I use, from Newcastle) have decent reputations from a service and sales perspective. Give Glasgow a call and have a drive in one of their GT's, they have a few in stock.

On the spec side, don't pay overs for spec IMHO. Carbon interior and security packs are the only things that I'd consider as essential, they get you the extended shift paddles and nose lift. External carbon is very expensive to buy but that doesn't seem to be reflected at trade-in, and carbon brakes were not originally standard on the GT. The steel brakes don't lack performance and are much cheaper to replace, albeit they lack a little showroom appeal.

If you drive one, let us know what you think.

I'm just outside Carlisle. Thanks for the reply, I will give them both a call and arrange a visit to see if I'm going in the right direction with the 570GT.

[ferdi p]

WCZ said:

I'd argue the 720s has been Mclarens most successful car and has created more exposure than any others.

It's insane hypercar performance has been seen by hundreds of millions on youtube, beating other more expensive cars constantly

it's a great car for the brand

I'd love to agree but all that insane performance & exposure hasn't helped demand or residuals. I personally think they have over supplied & with the unwillingness of dealers to keep prices strong by keeping them in the network (alla Ferrari) doesn't help at all...

[D1ckie]

av185 said:

Keep the GT3 Touring!

I was half tempted to look at this McLaren but to seriously make it worth coming out of a 2. GT3 it would really have to be a 720.

The other point is that from my experience cars that are heavily discounted new are cheap for a reason and will continue depreciating more than the norm. Worth thinking about.

Don't move from a 991.2 GT3 to a 720, I think you'' regret it

[johnwilliams77]

D1ckie said:

Don't move from a 991.2 GT3 to a 720, I think you'' regret it

That’s not what he proposed

[BlackR8]

Interesting how Salomondrin on Youtube has only just got his Porsche 911 GT2 RS and has decided to sell it as he feels the McLaren 720S he has beats it in most categories and is the one to keep. The market suggests that keeping the GT2 RS and selling the 720S would be the right thing to do in respect to residuals but nice to see someone bucking the trend and keeping the car that he enjoys more rather than picking one based on whether it may or may not depreciate.

[Juno]

So he is selling the car that doubles his money and keeps the other one basically for free!!! sounds like more of a man math's conclusion to me

BlackR8 said:

Interesting how Salomondrin on Youtube has only just got his Porsche 911 GT2 RS and has decided to sell it as he feels the McLaren 720S he has beats it in most categories and is the one to keep. The market suggests that keeping the GT2 RS and selling the 720S would be the right thing to do in respect to residuals but nice to see someone bucking the trend and keeping the car that he enjoys more rather than picking one based on whether it may or may not depreciate.

[Juno]

Heres a serious answer "THIS IS WHY I AM SO PLEASED I DID NOT BUY A Mclaren" This has to be the most blatant statement to show how overpriced their cars are which is why residuals are so poor. My guess is the dealer margin would be circa 7-8% so Mclaren will be dipping in to support the sale of this car with £40k off. I feel sorry for anyone sitting on a nearly new or 1-2 year old 570 of any description. This is just a case of a manufacturer looking for registrations at all costs and to hell with other customers who have already bought recently All IMO of course


I

av185 said:

MartinRS2K said:

av185 said:

Just received this e mail from McLaren Manchester:

Serious question.

Is this a good deal or am I buying a car ready to plummet in value if a dealer is prepared to knock off £40k on a new car? I currently have a GT3 Touring and was looking to try and get a new GT3RS to go with it but this 570GT seems unbelievable value with £40k contribution.

I'm not trying to start another values and depreciation thread just wanting some knowledgeable advice as I know very little about McLaren's. Is this car a good spec or is it missing things that it really needs?

Keep the GT3 Touring!

I was half tempted to look at this McLaren but to seriously make it worth coming out of a 2. GT3 it would really have to be a 720.

The other point is that from my experience cars that are heavily discounted new are cheap for a reason and will continue depreciating more than the norm. Worth thinking about.

[anonymous-user]

garyhun said:

johnnyreggae said:

av185 said:

Just received this e mail from McLaren Manchester:

O/T but what does that work out as monthly & balloon ?

I’d be interested to know that too.

av185 - care to answer this?

[markiii]

indeed