720s Below 200K Already
Discussion
ferdi p said:
f1ten said:
Not to spread pessimism I'm sure we are less than 18 months away from a big drop in supercar sales. Which means either porsche and ferrari and McLaren have to cut production or they will be having to cut prices. We know what ferrari will do which is cut production. Some of the more desperate manufacturers like merc AMG will be rolling them out on as cheap lease deals and discounting heavily to keep the factory busy.
When the r129 sl finished in 2001 merc were offering us about £25k plus off the silver arrow as they couldn't shift them with the newer car car coming out.
Over 130 gt3 for sale but not convinced there are that many people want a 2nd hand car at over list price ?!
If that ain't spreading pessimism, what is!?When the r129 sl finished in 2001 merc were offering us about £25k plus off the silver arrow as they couldn't shift them with the newer car car coming out.
Over 130 gt3 for sale but not convinced there are that many people want a 2nd hand car at over list price ?!
av185 said:
Depends what happens with Brexit.
I agree Mclarens are overpriced. Witness the £40k dealer contribution I posted earlier from Mc Manchester.
Porsche are different. Try getting a discount on any GT Porsche
5 year old 991 GT3s still retail over list providing the spec is right. Only 350 gen 1s and 350 gen 2s in the UK including 50 clubsports.
Restricted supply and the right spec is king.
Porsche are different. Try getting a discount on any GT Porsche I agree Mclarens are overpriced. Witness the £40k dealer contribution I posted earlier from Mc Manchester.
Porsche are different. Try getting a discount on any GT Porsche
5 year old 991 GT3s still retail over list providing the spec is right. Only 350 gen 1s and 350 gen 2s in the UK including 50 clubsports.
Restricted supply and the right spec is king.
Try getting a car
let alone a BLOODY discount 
DT398 said:
RamboLambo said:
Some cars are priced to sell rather than sit unsold for years like those speculatively priced.
The cheapest has been the Tom Hartley car at £199k that sold IMMEDIATELY with several more buyers disappointed.
Anything will always sell at a price and there will always be the odd one off car that due to circumstances will be cheap. That in itself does not make it the norm. I know of a similar spec car that was bought for £225k by a mate of mine. He still saved circa £40k off list and was happy with the deal
An oddball launch 12 month old car with 5,000 miles could hit £175 k in the next 12 months possibly but there is still a lot of wishful thinking going on.
Its all relative and as you have rightly stated if these cars do come down they effect the whole supercar market equilibrium.
At £199k a 720S is a steal even if its not the most desirable spec but don't hold your breath for a nearly new delivery mileage car getting anywhere near £175k and £80k off list.
This cooling of the whole supercar market will recover and its only those that have to sell at a low point that will lose out. Others will just ride it out until prices recover so if you want to bag a bargain its all about timing and personally I think a bag full of swag in December 2018 will be a great time to deal.
Laughable. A queue of disappointed buyers having missed out on a 720s at £199k. Yeah right. Plenty more available and lots unsold for a while. 650s still dropping and it will continue. Fantasy land to talk of a recovery in prices. Here comes the 600LT followed by a succession of faster shinier things as part of Macs track 25 endless model evolution. You went on a year ago about 650 prices going up and underpinned by the 12c that would never drop below a certain point etc etc. Look where these are now and it was the only logical outcome with anything where supply is not limited. The cheapest has been the Tom Hartley car at £199k that sold IMMEDIATELY with several more buyers disappointed.
Anything will always sell at a price and there will always be the odd one off car that due to circumstances will be cheap. That in itself does not make it the norm. I know of a similar spec car that was bought for £225k by a mate of mine. He still saved circa £40k off list and was happy with the deal
An oddball launch 12 month old car with 5,000 miles could hit £175 k in the next 12 months possibly but there is still a lot of wishful thinking going on.
Its all relative and as you have rightly stated if these cars do come down they effect the whole supercar market equilibrium.
At £199k a 720S is a steal even if its not the most desirable spec but don't hold your breath for a nearly new delivery mileage car getting anywhere near £175k and £80k off list.
This cooling of the whole supercar market will recover and its only those that have to sell at a low point that will lose out. Others will just ride it out until prices recover so if you want to bag a bargain its all about timing and personally I think a bag full of swag in December 2018 will be a great time to deal.
Where do people see these by spring next year? its not far away now.
r o n n i e said:
£179,950 UK 1 owner car. Oynx black with 1,000 miles:
http://www.joemacari.com/All-Cars-for-Sale/_prod_M...
That has to be the Supercar bargain of the centuary!http://www.joemacari.com/All-Cars-for-Sale/_prod_M...
Calculator said:
Wow, what’s Macari paid for that? £150-155k given the lack of competing main dealer bids for these?
He may have but considering how cheap it is relatively speaking then I think he probably had a narrower margin than you would expect.If he paid £165k he knew that he had the cheapest 720 on the market and a 15K margin,not a bad days work.
I think these are going to become hard to ignore going forward and IMO will become popular at these prices!
They do make the choice between one of these and the 600LT an interesting predicament.
ralphrj said:
Wilmslowboy said:
The 49% UK growth number is widely quoted, probably a press release direct from McLaren.
It was.McLaren Press Release said:
McLaren’s UK domestic market remained strong, achieving a 49.2 per cent year-on-year growth.
Wilmslowboy said:
This doesn't correspond with cars registered and on the road (according to the SMMT data)
Suggesting an increase of sales (in the UK) of 10% (56 units more than 2017)
https://www.smmt.co.uk/vehicle-data/car-registrati...
Correct. SMMT data is for the number of cars registered as new with DVLA.Suggesting an increase of sales (in the UK) of 10% (56 units more than 2017)
https://www.smmt.co.uk/vehicle-data/car-registrati...
Wilmslowboy said:
Perhaps the Mclaren press release includes orders/ deposits??
Maybe. I can think of a couple of other possibilities:
1. Registration figures will include cars McLaren (or their dealers) register themselves. Perhaps they registered lots of cars as demonstrators last year compared to this year?
2. Another option is that McLaren are selling cars through their UK dealers to people that aren't registering them in the UK with DVLA (export market).
Edited by Juno on Wednesday 9th January 23:36
flemke said:
12pack said:
flemke said:
. Is there really that much of a difference between a 997 and a 991 and a 992, or a 650 and a 720? Yet the car manufacturers do everything they can to induce us to get on that hamster wheel and buy the newest one, own it for two years then sell it at a £75k loss and buy another, which one would own for another two years. Rinse, repeat....
Therefore, if you want to have a different (I would say better, but obviously that is subjective) experience, the answer is not to start running on the manufacturers' new car hamster wheel, but instead to consider older things with less (but still more than enough) performance and definitely more character.
Fully agree with you there.Therefore, if you want to have a different (I would say better, but obviously that is subjective) experience, the answer is not to start running on the manufacturers' new car hamster wheel, but instead to consider older things with less (but still more than enough) performance and definitely more character.
My only point was that I did see a rather large difference in performance, even on the road, with a lighter car using a smaller turbo motor (and not just compared to the Aston). That performance is character in itself.
https://www.pistonheads.com/classifieds/used-cars/...
How long before these are a 150K ?
This year would be my guess!
As an example if you search for 570 and request delivery mileage in the search there appears to be 18 pre registered cars registered with delivery mileage but not sold
The Joker in the pack appears to be this 17 MY registered IN 2018 570s Spyder. So your new delivery miles bought in 2019 570s is actually a 2017 MY year car.
https://www.pistonheads.com/classifieds/used-cars/...
It counts in the 2018 SMMT sales figures as a sold car but is yet to find an owner along with another 17 570's.It would appear that the smoke and mirrors sales game is at work here!
Edited by Juno on Thursday 10th January 00:09
GT4RS said:
Juno said:
flemke said:
12pack said:
flemke said:
. Is there really that much of a difference between a 997 and a 991 and a 992, or a 650 and a 720? Yet the car manufacturers do everything they can to induce us to get on that hamster wheel and buy the newest one, own it for two years then sell it at a £75k loss and buy another, which one would own for another two years. Rinse, repeat....
Therefore, if you want to have a different (I would say better, but obviously that is subjective) experience, the answer is not to start running on the manufacturers' new car hamster wheel, but instead to consider older things with less (but still more than enough) performance and definitely more character.
Fully agree with you there.Therefore, if you want to have a different (I would say better, but obviously that is subjective) experience, the answer is not to start running on the manufacturers' new car hamster wheel, but instead to consider older things with less (but still more than enough) performance and definitely more character.
My only point was that I did see a rather large difference in performance, even on the road, with a lighter car using a smaller turbo motor (and not just compared to the Aston). That performance is character in itself.
https://www.pistonheads.com/classifieds/used-cars/...
How long before these are a 150K ?
This year would be my guess!
As an example if you search for 570 and request delivery mileage in the search there appears to be 18 pre registered cars registered with delivery mileage but not sold
The Joker in the pack appears to be this 17 MY registered IN 2018 570s Spyder. So your new delivery miles bought in 2019 570s is actually a 2017 MY year car.
https://www.pistonheads.com/classifieds/used-cars/...
It counts in the 2018 SMMT sales figures as a sold car but is yet to find an owner along with another 17 570's.It would appear that the smoke and mirrors sales game is at work here!
Edited by Juno on Thursday 10th January 00:09
Second you drive it out it will be worth 40k less ??
Matty3 said:
Give me a nudge when they do :
Below is the 1st response from when i originally opened this topic,the reply was don't hold your breath for these cars at 175k,well it happened and I too believe that 150k is the next stop,lets see!Monday 20th August 2018quotequote all
Some cars are priced to sell rather than sit unsold for years like those speculatively priced.
The cheapest has been the Tom Hartley car at £199k that sold IMMEDIATELY with several more buyers disappointed.
Anything will always sell at a price and there will always be the odd one off car that due to circumstances will be cheap. That in itself does not make it the norm. I know of a similar spec car that was bought for £225k by a mate of mine. He still saved circa £40k off list and was happy with the deal
An oddball launch 12 month old car with 5,000 miles could hit £175 k in the next 12 months possibly but there is still a lot of wishful thinking going on.
Its all relative and as you have rightly stated if these cars do come down they effect the whole supercar market equilibrium.
At £199k a 720S is a steal even if its not the most desirable spec but don't hold your breath for a nearly new delivery mileage car getting anywhere near £175k and £80k off list.
This cooling of the whole supercar market will recover and its only those that have to sell at a low point that will lose out. Others will just ride it out until prices recover so if you want to bag a bargain its all about timing and personally I think a bag full of swag in December 2018 will be a great time to deal.
Juno said:
Matty3 said:
Give me a nudge when they do :
Below is the 1st response from when i originally opened this topic,the reply was don't hold your breath for these cars at 175k,well it happened and I too believe that 150k is the next stop,lets see!Monday 20th August 2018quotequote all
Some cars are priced to sell rather than sit unsold for years like those speculatively priced.
The cheapest has been the Tom Hartley car at £199k that sold IMMEDIATELY with several more buyers disappointed.
Anything will always sell at a price and there will always be the odd one off car that due to circumstances will be cheap. That in itself does not make it the norm. I know of a similar spec car that was bought for £225k by a mate of mine. He still saved circa £40k off list and was happy with the deal
An oddball launch 12 month old car with 5,000 miles could hit £175 k in the next 12 months possibly but there is still a lot of wishful thinking going on.
Its all relative and as you have rightly stated if these cars do come down they effect the whole supercar market equilibrium.
At £199k a 720S is a steal even if its not the most desirable spec but don't hold your breath for a nearly new delivery mileage car getting anywhere near £175k and £80k off list.
This cooling of the whole supercar market will recover and its only those that have to sell at a low point that will lose out. Others will just ride it out until prices recover so if you want to bag a bargain its all about timing and personally I think a bag full of swag in December 2018 will be a great time to deal.
https://www.pistonheads.com/classifieds/used-cars/...
2018 PERFORMANCE model,great colour ,looks like a good spec with all the bits, up on the miles but would be a good usable car and bet they would take mid £160's
https://www.pistonheads.com/classifieds/used-cars/...
Jack-flash said:
Everything is blow9ng didn’t matter the brand or model , it’s down to time of year and Brett uncertainty, hopefully it will come right for summer (ihope)
That’s not strictly true,not EVERYTING,991.2 GT3RS are still selling well at £200k plus,which is some £40k over list. There is also very limited supply of these cars! What helps the brand is sensible bi annual servicing, cheap warranties after the end of manufactures warranty and a realistic price starting point!I’m watching Macs with interest but as I’m not a Rockstar I’ve decided to be patient as I simply don’t want to blow £50K for a few thousand miles of fun. Good luck to those that can afford that level of loss but I can’t and don’t want to!
It’s not all doom and gloom as below.
hunter 66 said:
Maclaren would need to sell a SUV and a saloon , to be able to do that . Strange world that " rarity" and "Investment potential " are words heard not the dynamic capabilities of the car .
The 720 S is on another level of performance and design to my RS , but that seems of little importance
No I hear you and I’m with you on the performance capabilities,I just don’t want my car ownership to be a redicuously painful and expensive disaster hence still being a lurker The 720 S is on another level of performance and design to my RS , but that seems of little importance
rich12 said:
I reckon £160k is the sweet spot for it.
It's purely the mileage on it but if there's someone who won't be doing mega miles in it, it wouldn't be a bad shout.
For sale for 4 months and reduced by what? £30k? That's 100% a loss no matter what for them.
Unless of course it's a SOR and the owner is getting annoyed at the lack of interest.
Jeeze if you are the owner and it is SOR you’ve done £30k in a few months without even using it,that’s scary!!!It's purely the mileage on it but if there's someone who won't be doing mega miles in it, it wouldn't be a bad shout.
For sale for 4 months and reduced by what? £30k? That's 100% a loss no matter what for them.
Unless of course it's a SOR and the owner is getting annoyed at the lack of interest.
Got to be a reasonable buy soon!
rich12 said:
It's either that or McLaren managed to buy it for £150k or something back in October which I very much doubt.
I doubt that an owner would have let a car go for £150k back then so guess it’s the dealers loss,also doubt SOR as I would have thought the customer would have taken it back and the dealer wouldn’t want to have it sitting on his front highlighting poor sales movement. Surely there has to be a price that makes it unavoidable value though!rich12 said:
It's either that or McLaren managed to buy it for £150k or something back in October which I very much doubt.
I doubt that an owner would have let a car go for £150k back then so guess it’s the dealers loss,also doubt SOR as I would have thought the customer would have taken it back and the dealer wouldn’t want to have it sitting on his front highlighting poor sales movement. Surely there has to be a price that makes it unavoidable value though!hornbaek said:
I don't think it is a Maclaren problem per se. The 720 just happens to sit at a price point where there are not many buyers. Car prices (and performance specs) have gone AWOL over the last couple of years and we are probably reaching a point where the market just can't absorb these cars. Porsche and Ferrari still manage to sell some cars as they are slightly under the 200k point with their volume models and then there is a market for the collector cars at 350k+. Everything in between is not shifting. People have accepted the power and price hike due to cheap financing deals so the monthly installment is more a benchmark than the actual price. Now residuals and also eventuelly interest rate start pushing these rates up and at 200k it is no longer everymans game.
I think there is alot of truth in what you say,there appears to be two markets running side by side now:People who buy the cars to own them with the longer term intent of keeping them and or trading up every few years
And
People who buy the car and will drive it on a month to month basis while they can afford it or have the desire to continue to afford it.
I think the monthly payment/pcp with balloon payment option has certainly brought a large volume of people into the market that otherwise wouldn’t have bought these cars and the manufacturers have jumped on the band wagon as you would expect a business to do,to pump it for all its worth while it continues.
Manufacturers aren’t going to be too upset about the used cars left behind if the bottom does fall out of the market,they are only worried about obtaining their share of the new car market on a monthly basis and will obtain it by any means nessecary.
I think the majority of these first time to the market buyers are also not participants on here as this is a forum for car nuts and true enthusiasts. My guess would be that many of these buyers have a very different outlook about ownership and the car scene and buy for very different reasons to the hardcore folk on here.
A lot of new entrants to these markets are buying the cars as the must have latest fashion accessory with little other knowledge about the cars or car market. IMO that’s why you see alot of nearly new low miles hardly used cars returned to the showroom. The purchaser after several months thinks sod keep paying out £2000-£3000 a month once the novetity has worn off and all their friends have seen it.
I’ve seen this type of buyer turn up at cars meets with little idea as to what they have actually bought whether it be Macca, Lambo, Porsche, Ferrari, Aston etc,etc. When you talk to them they tell you “oh I just got this and thought I would come to a car meet see what it’s all about” the facts are that once they’ve done it you rarely see them again as they are not really that committed to the scene like us nutters on here!!!
I can’t realky see anyone setting out with the intent on walking into a showroom to fork out a £40k deposit and £3k a month if they knew that they would be going back to the dealer a few short months later to bail out of the situation and loose a packet in the process. I am sure the dealers tell them during the buying process that once they are in the balloon will be covered at the end of the deal and although not guaranteed they will probably have enough left over for the deposit on the next car,it all sounds good while the candle of desire is burning.
We on here are only a small minority of the buyers at large and most certainly wouldn’t keep the manufacturers in caviar for long. Our opinions are strong due to our obsession but we most probably only represent a few percentage points of the overall buyers out there.
It’s a bit like the times when city bonus payments led to a swaith of high end new car purchases only to see them dumped after the novilty had worn off,now it’s done on PCP.
Edited by Juno on Monday 4th March 09:55
Gassing Station | McLaren | Top of Page | What's New | My Stuff