570S Trackpack Option

570S Trackpack Option

Author
Discussion

WDISMYL

235 posts

87 months

Friday 19th October 2018
quotequote all
I don’t agree at all.

The reason the track pack is rare to find on a used car is because most people didn’t want it at the point of specification! The used market will be no different. The same proportion of buyers will either desire it or not.

Rarity in itself has no bearing on price. It is the combination of demand and rarity.

If you believe the second hand market will suddenly develop a strong demand for a car with track pack then you may be right. But I struggle to see why that would happen. Mean while if you want to sell your track pack optioned car in the secondary market you will have to compete with cars cheaper that have buyers that have no desire for it! Therefore you will be under pressure to drop your price.




TB993tt

2,032 posts

241 months

Friday 19th October 2018
quotequote all
WDISMYL said:
I don’t agree at all.

The reason the track pack is rare to find on a used car is because most people didn’t want it at the point of specification! The used market will be no different. The same proportion of buyers will either desire it or not.

Rarity in itself has no bearing on price. It is the combination of demand and rarity.

If you believe the second hand market will suddenly develop a strong demand for a car with track pack then you may be right. But I struggle to see why that would happen. Mean while if you want to sell your track pack optioned car in the secondary market you will have to compete with cars cheaper that have buyers that have no desire for it! Therefore you will be under pressure to drop your price.
He is using GT Porsche market as the model.

GT2s were mostly specced sans club sport pack as most original buyers didn't want it (and it was a no cost option)

Because of this it seems people perceive the CS option to make it a rare car thus more desirable, personally I think it's bks (I specced mine none CS hehe).

The McLaren theoretically could be even more desirable if you follow this logic as the track pack extras cost money......

I don't think McLaren's non limited models will ever do a Porsche GT thing so I agree with your thinking the Mc track pack cars will have no special premium.

Sarnie

8,044 posts

209 months

Friday 19th October 2018
quotequote all
My 570s has the Alcantara interior and lightweight wheels.........so I'm missing the Telemetry and P1 Seats.........personally, if I wanted a car to be using racing seats and telemetry I probably wouldn't be buying a 570s.........Also the Track Pack option came very late in the day....maybe 18 months after launch.......hence why so few cars have it......it's not like it was an option available to everyone from the start..............it the car was stripped out (carpets, radio, AC etc) then I could understand it a bit more...........but as it is, I don't see the market in general caring too much about track pack optioned cars......

lsb

447 posts

222 months

Friday 19th October 2018
quotequote all
WDISMYL said:
I don’t agree at all.

The reason the track pack is rare to find on a used car is because most people didn’t want it at the point of specification! The used market will be no different. The same proportion of buyers will either desire it or not.

Rarity in itself has no bearing on price. It is the combination of demand and rarity.

If you believe the second hand market will suddenly develop a strong demand for a car with track pack then you may be right. But I struggle to see why that would happen. Mean while if you want to sell your track pack optioned car in the secondary market you will have to compete with cars cheaper that have buyers that have no desire for it! Therefore you will be under pressure to drop your price.
I would counter that one of the main reasons that the trackpack found so few buyers when new was the price, circa £16k. At the time of ordering not enough people saw value or appeal in the pack. However as prices fall and the difference between a trackpack equipped car diverges with one not so equipped, the appeal of the trackpack cars may well rise which in turn adds perceived value then desire and then monetary value.

Rarity breeds demand which then affects price. In the past I have owned a Diablo SV and have witnessed first hand how the sudden realisation of rarity within the market can change prices by a huge amount almost overnight. As another example I also owned a CLK Black series, that model has not yet reached the age where it has become coveted by the wider market, but I believe it’s time will come. One of the main drivers of this will be the tiny U.K. numbers.

I agree with you on your third point to a degree, especially in the short term. I am not saying for one minute that a 570S of any type is a future classic. Nevertheless, over the long term when we head into a hybrid/electric future, all current and past McLaren models will hold some appeal and logically the rarest examples of those will hold the greatest appeal and therefore a higher price.

lsb

447 posts

222 months

Friday 19th October 2018
quotequote all
TB993tt said:
He is using GT Porsche market as the model.

GT2s were mostly specced sans club sport pack as most original buyers didn't want it (and it was a no cost option)

Because of this it seems people perceive the CS option to make it a rare car thus more desirable, personally I think it's bks (I specced mine none CS hehe).

The McLaren theoretically could be even more desirable if you follow this logic as the track pack extras cost money......

I don't think McLaren's non limited models will ever do a Porsche GT thing so I agree with your thinking the Mc track pack cars will have no special premium.
I have owned a few GT models in the past but I am not using a GT Porsche model, merely one of purchase/ownership experience of various brands. Please see my answer above.

I am glad that you ordered your car as you wanted it and not how the market perceives you should. My personal opinion is that I like the CS pack and would always spec it. My selling experience was that the two that had it were easier to sell than the one that did not; you may have had a different sales experience.

I would agree with you regarding the future of McLaren values in comparison to GT Porsche products. However, the fact that you differentiated between limited models and non limited models shows how low production numbers (aka rarity) alter your perception of future values.

Ingenere

133 posts

149 months

Friday 19th October 2018
quotequote all
WDISMYL said:
I don’t agree at all.

The reason the track pack is rare to find on a used car is because most people didn’t want it at the point of specification! The used market will be no different. The same proportion of buyers will either desire it or not.

Rarity in itself has no bearing on price. It is the combination of demand and rarity.

If you believe the second hand market will suddenly develop a strong demand for a car with track pack then you may be right. But I struggle to see why that would happen. Mean while if you want to sell your track pack optioned car in the secondary market you will have to compete with cars cheaper that have buyers that have no desire for it! Therefore you will be under pressure to drop your price.
When I bought my Challenge Stradale, nobody wanted them. It was too loud, no carpet, blah, blah, blah. Now, it is a desired car with a huge cult following, that set the stage for the whole genre (along with the GT3) of track focused road cars. It has doubled in value since I bought it.


WDISMYL

235 posts

87 months

Friday 19th October 2018
quotequote all
I think you will find that all Ferrari’s in the period I think you are referring to at least doubled in value - track focused or not.

Regardless I don’t think a Ferrari is a comparable analogy to a standard Mclaren production edition with a track pack on.




Ingenere

133 posts

149 months

Monday 29th October 2018
quotequote all
Ferrari values of that era have not doubled. 360's in the US can be had for $70K USD or less, while CS' are $200-$300K USD.

While I am not comparing the CS to a track pack 570, there may be some comparisons. There are ~1200 CS' world wide. I'm not sure what production numbers are on the 570, or the track pack cars and who knows what the future holds? I know my 570 w/track pack ticks a lot of boxes for me, and that's important.

It always puts a smile on my face and I swear that I have never had a car that makes so many people smile, reach for their cameras and give thumbs up.

The Surveyor

7,576 posts

237 months

Monday 29th October 2018
quotequote all
Ingenere said:
Ferrari values of that era have not doubled. 360's in the US can be had for $70K USD or less, while CS' are $200-$300K USD.

While I am not comparing the CS to a track pack 570, there may be some comparisons. There are ~1200 CS' world wide. I'm not sure what production numbers are on the 570, or the track pack cars and who knows what the future holds? I know my 570 w/track pack ticks a lot of boxes for me, and that's important.

It always puts a smile on my face and I swear that I have never had a car that makes so many people smile, reach for their cameras and give thumbs up.
As you say, there is a massive difference between the CS Ferrari, and the track-pack equipped 570s. Everything you say you like about your track-pack would equally apply to a standard well-optioned 570s which is why it will be seen as a nice option but not an essential one, that has further been reinforced now the 600LT has taken on the role of the 'track' orientated sports series car.

Sarnie

8,044 posts

209 months

Monday 29th October 2018
quotequote all
The Surveyor said:
As you say, there is a massive difference between the CS Ferrari, and the track-pack equipped 570s. Everything you say you like about your track-pack would equally apply to a standard well-optioned 570s which is why it will be seen as a nice option but not an essential one, that has further been reinforced now the 600LT has taken on the role of the 'track' orientated sports series car.
Yep, I think anyone thinking a Track Pack 570s is going to be revered anymore than any other 570s is clutching at straws......

RBT0

1,476 posts

119 months

Thursday 15th November 2018
quotequote all
Gents,
This summer at Bristol there was a Track Pack car with racing livery, has anobody got pictures of it, I cannot find it.

Faat

2 posts

66 months

Saturday 11th November 2023
quotequote all
Sarnie said:
My 570s has the Alcantara interior and lightweight wheels.........so I'm missing the Telemetry and P1 Seats.........personally, if I wanted a car to be using racing seats and telemetry I probably wouldn't be buying a 570s.........Also the Track Pack option came very late in the day....maybe 18 months after launch.......hence why so few cars have it......it's not like it was an option available to everyone from the start..............it the car was stripped out (carpets, radio, AC etc) then I could understand it a bit more...........but as it is, I don't see the market in general caring too much about track pack optioned cars......
Out of curiosity why you wouldn't go with 570s if you wanted a car to be using race seat (as I thought 570s supposed to be a good track car), not sure I get that comment fully and I'm trying to learn the most of it as I'm pulling the trigger to get my first 570s!

targarama

14,635 posts

283 months

Saturday 11th November 2023
quotequote all
Faat said:
Sarnie said:
My 570s has the Alcantara interior and lightweight wheels.........so I'm missing the Telemetry and P1 Seats.........personally, if I wanted a car to be using racing seats and telemetry I probably wouldn't be buying a 570s.........Also the Track Pack option came very late in the day....maybe 18 months after launch.......hence why so few cars have it......it's not like it was an option available to everyone from the start..............it the car was stripped out (carpets, radio, AC etc) then I could understand it a bit more...........but as it is, I don't see the market in general caring too much about track pack optioned cars......
Out of curiosity why you wouldn't go with 570s if you wanted a car to be using race seat (as I thought 570s supposed to be a good track car), not sure I get that comment fully and I'm trying to learn the most of it as I'm pulling the trigger to get my first 570s!
Because there is the 600LT which is track-focused, the S is road-focused.

Streetbeat

889 posts

76 months

Saturday 11th November 2023
quotequote all
Faat said:
as I thought 570s supposed to be a good track car
It is, just the 600lt is a bit more track focussed, but 50% more money, it makes the 570s look a bargain imho.

I had the track pack in my 570s, the P1 seats are sublime, the other bits probably dont make too much difference, a little more downforce from the higher rear spoiler, but no suspension changes etc, worth it for the P1 seats though.


Sarnie

8,044 posts

209 months

Sunday 12th November 2023
quotequote all
Faat said:
Out of curiosity why you wouldn't go with 570s if you wanted a car to be using race seat (as I thought 570s supposed to be a good track car), not sure I get that comment fully and I'm trying to learn the most of it as I'm pulling the trigger to get my first 570s!
You are quoting my post from over 5 years ago. When the 600LT didn't exist................

Comeal

22 posts

106 months

Saturday 25th November 2023
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Looks like there's only two genuine track packs for sale currently as well.