720s Below 200K Already

720s Below 200K Already

Author
Discussion

Juno

Original Poster:

2,812 posts

187 months

Wednesday 16th January
quotequote all
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.

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.
Lighter weight is always better. For the last 30 years, with few exceptions, each new generation of car has been wider and heavier than its predecessor, and that has been part of the systematic problem with the newer models. wink
Talking of hamster wheels and 75k losses this one looks rather cheap!

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
They want £165k for it, it’s not cheap IMO

Second you drive it out it will be worth 40k less ??
165k Good luck with that yikes

Never you mind

1,223 posts

50 months

Wednesday 16th January
quotequote all
Crystal ball time.

Lets say someone bought that white 720s, drove it around for a few years - say 2 - and added 6-8K on the mileage. Roughly how much should one factor in losing on it? I kind of figure around 20K. Which for the car you are getting seems quite reasonable.

Fckitdriveon

254 posts

28 months

Wednesday 16th January
quotequote all
Never you mind said:
Crystal ball time.

Lets say someone bought that white 720s, drove it around for a few years - say 2 - and added 6-8K on the mileage. Roughly how much should one factor in losing on it? I kind of figure around 20K. Which for the car you are getting seems quite reasonable.
Which white 720? I can’t seem to find the link.

I d suggest whatever 720, you’re going to burn more than 20k in 2 years even with low mileage.

Gameface

6,842 posts

15 months

Wednesday 16th January
quotequote all
2 posts above...

WCZ

6,149 posts

132 months

Wednesday 16th January
quotequote all
Never you mind said:
Crystal ball time.

Lets say someone bought that white 720s, drove it around for a few years - say 2 - and added 6-8K on the mileage. Roughly how much should one factor in losing on it? I kind of figure around 20K. Which for the car you are getting seems quite reasonable.
I'd budget on losing £40-65k

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cayman-black

7,517 posts

154 months

Wednesday 16th January
quotequote all
WCZ said:
I'd budget on losing £40-65k
Yes far more realistic.

Gameface

6,842 posts

15 months

Wednesday 16th January
quotequote all
£50k was my guess.

PGNSagaris

1,982 posts

104 months

Wednesday 16th January
quotequote all
Gameface said:
£50k was my guess.
easily, especially if getting rid back into the trade

br d

6,578 posts

164 months

Wednesday 16th January
quotequote all
Only 10K a year!

Arousing oneself from somnolence and taking an olfactory sampling of a certain ground bean beverage springs to mind.

hyphen

8,750 posts

28 months

Wednesday 16th January
quotequote all
Never you mind said:
Crystal ball time.

Lets say someone bought that white 720s, drove it around for a few years - say 2 - and added 6-8K on the mileage. Roughly how much should one factor in losing on it? I kind of figure around 20K. Which for the car you are getting seems quite reasonable.
What percent of the market for these is the flashy type? As with the lambo suv and the upcoming Aston and so on, demand for used sports cars may reduce a little in favour of the super SUVs?

GT4RS

1,410 posts

135 months

Wednesday 16th January
quotequote all
Juno said:
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.

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.
Lighter weight is always better. For the last 30 years, with few exceptions, each new generation of car has been wider and heavier than its predecessor, and that has been part of the systematic problem with the newer models. wink
Talking of hamster wheels and 75k losses this one looks rather cheap!

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
They want £165k for it, it’s not cheap IMO

Second you drive it out it will be worth 40k less ??
165k Good luck with that yikes
That’s what I thought!

GT4RS

1,410 posts

135 months

Wednesday 16th January
quotequote all
Juno said:
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.

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.
Lighter weight is always better. For the last 30 years, with few exceptions, each new generation of car has been wider and heavier than its predecessor, and that has been part of the systematic problem with the newer models. wink
Talking of hamster wheels and 75k losses this one looks rather cheap!

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
They want £165k for it, it’s not cheap IMO

Second you drive it out it will be worth 40k less ??
165k Good luck with that yikes
That’s what I thought!

Never you mind

1,223 posts

50 months

Thursday 17th January
quotequote all
PGNSagaris said:
Gameface said:
£50k was my guess.
easily, especially if getting rid back into the trade
Can't see that car being worth 120K in 2 years time. That's just ridiculous. You would have to be seriously mental to buy any second hand McLaren if that's what you get slapped with after ownership.



MPC09

56 posts

76 months

Thursday 17th January
quotequote all
WCZ said:
I'd budget on losing £40-65k
To think a 720S could be c.£140k in 2-3 years time is quite something in terms of 'value' for money...

Gameface

6,842 posts

15 months

Thursday 17th January
quotequote all
With over 10k on the clock? I can.

They can't shift low mileage ones now!

And remember in 2 years there will be numerous more models/versions/updates, as is the McLaren way, so that will just exacerbate things.



Edited by Gameface on Thursday 17th January 10:36

f1ten

1,760 posts

91 months

Thursday 17th January
quotequote all
THAT level of depreciation is not impossible but the UK and Europe would need to be in recession or worse and if the MAC falls that far then I would say everything will have fallen considerably. So 458s and 991gt3s etc will all have to be much cheaper as I do not see a buyer of a 720s being in direct comparison to a gt3 buyer!

Not Ideal

2,332 posts

126 months

Thursday 17th January
quotequote all
Gameface said:
With over 10k on the clock? I can.

They can't shift mileage ones now!

And remember in 2 years there will be numerous more models/versions/updates, as is the McLaren way, so that will just exacerbate things.
This.

rich12

1,202 posts

92 months

Thursday 17th January
quotequote all
https://www.autotrader.co.uk/classified/advert/201...

Does anyone remember seeing what price this was on before they reduced it?
There should be another a grand cheaper than this appearing soon if the last few weeks is anything to go by.

I make that £150k in August time (ish)

MDL111

3,125 posts

115 months

Thursday 17th January
quotequote all
I wouldn’t be surprised if the cheapest ones were at 150k or below by year end. Quite a few coupes might come on the market once the spider gets delivered imo - esp from people who are spending money to get on the LT list

Also values seem to be falling across the market incl Porsches, Ferraris etc - just too much choice for buyers and a finite set of people who want to spend 150k plus on a sports car

isaldiri

4,214 posts

106 months

Thursday 17th January
quotequote all
Never you mind said:
Can't see that car being worth 120K in 2 years time. That's just ridiculous. You would have to be seriously mental to buy any second hand McLaren if that's what you get slapped with after ownership.
That might well be what you're offered in trade to get it sold if you wanted rid asap to be fair. Trade buyers even or should I say especially Mclaren's own official dealerships just do not like any Mclarens as a general rule unfortunately. Going SOR and being prepared to wait and be realistic definitely will do much better.

As far as asking prices, assuming 12c/650 prices are indicative of price trends (big if), the 720 might well stick for a while having had it's first big drop but you'd have to get out in time before the next big downstep which will happen sooner or later.