720s Below 200K Already

720s Below 200K Already

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Discussion

br d

6,654 posts

165 months

Wednesday 3rd October 2018
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ferdi p said:
You can't...

You can only join once you've sent a copy of your V5c to them...
...and met a mysterious stranger beneath the clock at Waterloo Station carrying a copy of the Daily Telegraph.

The one place a potential owner really needs access to is closed until he buys one!
I can hear the ghost of Joseph Heller chuckling.

LotusJas

646 posts

170 months

Wednesday 3rd October 2018
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And don't forget the secret handshake wink

RBT0

693 posts

58 months

Wednesday 3rd October 2018
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Yes guys but what fu***ing benefit/advantages or whatever brings with it?

Why is it a good club?

Why Bispal is saying it's worth?

Wilmslowboy

2,431 posts

145 months

Wednesday 3rd October 2018
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mcl570 said:
My Guess is that it is a completely standard 720S? Bearing in mind they were advertising a completely standard one a few months back? Which if that is the case, 189k seems reasonable for a car that would've been 208k?
This was the car they were advertising 6 months ago, I have a strong feeling it is the same car, now back in stock , as the owner has upgraded.

These are screen grabs from the email I was sent on the 23rd of March.








av185

7,711 posts

66 months

Wednesday 3rd October 2018
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Just received this e mail from McLaren Manchester:


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johnwilliams77

5,175 posts

42 months

Wednesday 3rd October 2018
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Balls car still for sale despite there being a queue for the sub 200k Hartley car....

ferdi p

1,163 posts

111 months

Wednesday 3rd October 2018
quotequote all
RBT0 said:
Yes guys but what fu***ing benefit/advantages or whatever brings with it?

Why is it a good club?

Why Bispal is saying it's worth?
Buy a Mclaren & you'll find out smile

f1ten

1,780 posts

92 months

Wednesday 3rd October 2018
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The buying spree was fuelled by pcp and therefore big growth in supercar sales for sure is going to fall back. Now owners that have run a 570s at say a purchase price of 160k maybe 170k and these same 1 yr old cars are now trading at 120k with 6000 miles. How many people that bought on pcp that thought they would lose 10-15k max in order to have 12 months of fun ?! Now threatened with losing 40k+ for one year ownership, I imagine many will see this as an expensive 12 months learning experience and will not be buying another supercar for many years.

Lots of people jumped in to buy the latest greatest thinking they could get in and run for pocket change and exit after a few months of fun are now realising that 160k is a lot of cash for a 2nd hand car and the finance crazed market is slowing. It is inevitable... so yes I do see everything under 3-5 yes old dropping in price.

MrVert

2,868 posts

178 months

Thursday 4th October 2018
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£40k dealer contribution (discount)....nearly 25%.....on 570GT

£124k final payment on 720S after 24 months...

Rather scary that...!

When you see the reviews of the 720S it just seems so odd that they're dropping value so quickly given the praise.

Was looking at the 570GT 6 months ago, didn't go for it in the end....that would have been an expensive summer!



johnnyreggae

2,282 posts

99 months

Thursday 4th October 2018
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av185 said:
Just received this e mail from McLaren Manchester:
O/T but what does that work out as monthly & balloon ?

Charlie360

341 posts

197 months

Thursday 4th October 2018
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There really are a lot of 720s for sale on PH right now (as well as a lot of other marques), but most have been stuck not moving for months, is this because they are all problematic, or is it because people have bought them hoping for a cheap summer drive (and it hasn't turned out that way) or is it because people have been forced to buy them either to get on the list for a Senna or a potential 750LT? I suspect a mixture of all of the above, but the trouble is, as a potential buyer, trying to understand which are the problematic ones. I'm less bothered about depreciation if I'm going to keep the car for a while, but don't want a car with problems only to take a big hit to change out of it, so perhaps the later build date the better, as Mclaren must be sorting out these issues. I notice Rybrook have two (presumably registered but) new 68 reg cars - 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.

Superleg48

548 posts

72 months

Thursday 4th October 2018
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Sitting here biding my time, enjoying my current car and in a couple of years will look forward to replacing it with a Huracan Performante for about £140k.... biglaugh

(I know this is a Maclaren thread, but the point is linked and just made it relevant to me)

br d

6,654 posts

165 months

Thursday 4th October 2018
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MrVert said:
£40k dealer contribution (discount)....nearly 25%.....on 570GT
Where is this?

av185

7,711 posts

66 months

Thursday 4th October 2018
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Charlie360 said:
. I notice Rybrook have two (presumably registered but) new 68 reg cars - 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.
Same story across most manufacturers where nearly new is often more expensive than new.

The 720 is overpriced imo and this together with oversupply in a falling market heading towards winter is fuelling massive discounts which will only increase.

Gameface

7,452 posts

16 months

Thursday 4th October 2018
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Final payment on that 720 and outright price of the 570GT only differ by £20k...


garyhun

26,195 posts

167 months

Thursday 4th October 2018
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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.

rex-knd2s

15 posts

22 months

Thursday 4th October 2018
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These deals are amazing value for money. I would snap one of these up straight away if i was in the market for a new supercar.

Cant help but think its a massive kick in the nuts for current owners

garyhun

26,195 posts

167 months

Thursday 4th October 2018
quotequote all
rex-knd2s said:
Cant help but think its a massive kick in the nuts for current owners
Seems par for the course with McLaren unfortunately.

Ferruccio

775 posts

58 months

Thursday 4th October 2018
quotequote all
Charlie360 said:
There really are a lot of 720s for sale on PH right now (as well as a lot of other marques), but most have been stuck not moving for months, is this because they are all problematic, or is it because people have bought them hoping for a cheap summer drive (and it hasn't turned out that way) or is it because people have been forced to buy them either to get on the list for a Senna or a potential 750LT? I suspect a mixture of all of the above, but the trouble is, as a potential buyer, trying to understand which are the problematic ones. I'm less bothered about depreciation if I'm going to keep the car for a while, but don't want a car with problems only to take a big hit to change out of it, so perhaps the later build date the better, as Mclaren must be sorting out these issues. I notice Rybrook have two (presumably registered but) new 68 reg cars - 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.
The issue surely is the endless supply of new cars from multiple manufacturers.
There just aren’t that many people who want secondhand supercars at those prices.
So the price falls.

f1ten

1,780 posts

92 months

Thursday 4th October 2018
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Yes agreed. A lot of choice at 100k + now. I wish tvr luck because the good times are over for now.