What,Can and Should Mclaren be Doing About Protecting Resale

What,Can and Should Mclaren be Doing About Protecting Resale

Author
Discussion

GT4RS

1,593 posts

138 months

Tuesday 14th May
quotequote all
Crazy4557 said:
GT4RS said:
Good way of looking at it, fingers crossed it works for you. Out of interest how many miles did it have on it if you paid way less than 90k for a 570s?
34k. Came with a 1 year Mac warranty and was for sale via MacGlasgow so faultless condition and just had major service/updates when it arrived. Nothing to spend for 12 months in theory.
I like your approach, sounds like you have a good useable car which comes with the all important warranty, in theory you paid gt4 money for a 570s!

Crazy4557

227 posts

135 months

Tuesday 14th May
quotequote all
GT4RS said:
I like your approach, sounds like you have a good useable car which comes with the all important warranty, in theory you paid gt4 money for a 570s!
I was looking at GT4's and Spyders but for similar money I got a 2016 current model McLaren instead. What's not to like?

davek_964

5,464 posts

116 months

Wednesday 15th May
quotequote all
What are people's negative experience of McLaren buy back?

It's been listed as one of the issues - but if they are that picky on what they'd buy back, I'm surprised they were selling a 34K 2 year old 570.

(Note, I'm not saying there is anything wrong with that car - it seems an excellent way to get into McLaren ownership. Just surprised it came from an official dealer given the earlier comments about their reluctance to buy cars back).

isaldiri

4,508 posts

109 months

Wednesday 15th May
quotequote all
davek_964 said:
What are people's negative experience of McLaren buy back?

It's been listed as one of the issues - but if they are that picky on what they'd buy back, I'm surprised they were selling a 34K 2 year old 570.

(Note, I'm not saying there is anything wrong with that car - it seems an excellent way to get into McLaren ownership. Just surprised it came from an official dealer given the earlier comments about their reluctance to buy cars back).
It depends on whether you are part exchanging I think. A car is much more likely to be accepted if you are buying another. As an outright buy from the dealer to take the car off you....well....I was advised to look into a famous online 2nd hand buyer than rely on the dealership providing a bid.

davek_964

5,464 posts

116 months

Wednesday 15th May
quotequote all
isaldiri said:
It depends on whether you are part exchanging I think. A car is much more likely to be accepted if you are buying another. As an outright buy from the dealer to take the car off you....well....I was advised to look into a famous online 2nd hand buyer than rely on the dealership providing a bid.
By McLaren?
Advertisement

isaldiri

4,508 posts

109 months

Wednesday 15th May
quotequote all
davek_964 said:
By McLaren?
Yes. Mclaren dealership.

Juno

Original Poster:

3,261 posts

190 months

Wednesday 15th May
quotequote all
The Surveyor said:
Juno said:
Fully specked GT3RS 2018 tops at £165k new,your telling me his dealer was offering £115k costing him £50k in depreciation when they are clearly selling in the market right now at £200k plus

Laughable Sorry

Unless he was not the first owner and paid stupid overs in the first place,circa £250k,still making the car £200k today which is still 35k over list yikes
Nobody actually paid list for a GT3 RS though, nobody could just walk into a Porsche dealership and buy a brand new list price GT3 RS without having a long history of being financially buggered from buying and selling back other Porsches over years to climb up the ladder of dealer love. You try getting a new GT Porsche from a dealership cold, it simply won't happen.

Or... buy used and paying a ridiculous amount over list which is the position I has assumed this guy was in. Probably paid £250k for used Porsche that was listed at £165k and now being offered £200k to take it back would be my assumption. That's a £50k loss on an investment gamble rather than £50k depreciation, very different.

McLaren could learn a lot from Porsche on how to play with their customers, but I'm really glad they don't
This buying cars to build your way up the ladder is not exactly true and a bit of a myth.

It’s not easy to buy one for sure but also not impossible, I’ve just bought a new RS at list for July build and previously only bought GT cars from my dealer, it’s as much to do with your passion about the brand and the dealer!

Edited by Juno on Wednesday 15th May 10:55

davek_964

5,464 posts

116 months

Wednesday 15th May
quotequote all
isaldiri said:
davek_964 said:
By McLaren?
Yes. Mclaren dealership.
Wow. That is pretty appalling.

Juno

Original Poster:

3,261 posts

190 months

Wednesday 15th May
quotequote all
davek_964 said:
isaldiri said:
davek_964 said:
By McLaren?
Yes. Mclaren dealership.
Wow. That is pretty appalling.
I wonder what we steal any car would offer

Ferruccio

830 posts

60 months

Wednesday 15th May
quotequote all
Juno said:
davek_964 said:
isaldiri said:
davek_964 said:
By McLaren?
Yes. Mclaren dealership.
Wow. That is pretty appalling.
I wonder what we steal any car would offer
Easy to type in any registration.

Juno

Original Poster:

3,261 posts

190 months

Wednesday 15th May
quotequote all
Ferruccio said:
Juno said:
davek_964 said:
isaldiri said:
davek_964 said:
By McLaren?
Yes. Mclaren dealership.
Wow. That is pretty appalling.
I wonder what we steal any car would offer
Easy to type in any registration.
A 2018 2000 miles good spec car came in at £130k I’m not saying that this is in any way reflective of the real world value but that was the offer

The Surveyor

6,551 posts

178 months

Wednesday 15th May
quotequote all
Juno said:
……..it’s as much to do with your passion about the brand and the dealer!
I'm not sure how that works, but good news on the incoming RS.

You need to be careful dispelling that myth though, once people think anybody can get a new GT Porsche the investors will leave the Porsche market and go on to other marques.

The Surveyor

6,551 posts

178 months

Wednesday 15th May
quotequote all
edit to remove duplicate post..

Edited by The Surveyor on Wednesday 15th May 12:07

Bispal

472 posts

92 months

Wednesday 15th May
quotequote all
Juno said:
davek_964 said:
isaldiri said:
davek_964 said:
By McLaren?
Yes. Mclaren dealership.
Wow. That is pretty appalling.
I wonder what we steal any car would offer
They offered my £100 for my 1998 Manual Ferrari F355.....So that just about sums them up!


Juno

Original Poster:

3,261 posts

190 months

Wednesday 15th May
quotequote all
The Surveyor said:
Juno said:
……..it’s as much to do with your passion about the brand and the dealer!
I'm not sure how that works, but good news on the incoming RS.

You need to be careful dispelling that myth though, once people think anybody can get a new GT Porsche the investors will leave the Porsche market and go on to other marques.
Well I’d not go as far to say anybody can walk on and get one and it’s always long wait to get a new car.

I just meant you don’t have to buy 20 cars to get one. I believe there are less than 100 RS WP cars coming though so fair to say pretty scarce!

GT4RS

1,593 posts

138 months

Wednesday 15th May
quotequote all
Crazy4557 said:
GT4RS said:
I like your approach, sounds like you have a good useable car which comes with the all important warranty, in theory you paid gt4 money for a 570s!
I was looking at GT4's and Spyders but for similar money I got a 2016 current model McLaren instead. What's not to like?
Nothing I’m saying you bought very well, congratulations

isaldiri

4,508 posts

109 months

Wednesday 15th May
quotequote all
davek_964 said:
Wow. That is pretty appalling.
I might also add that was the same dealership I bought the car years ago and that I had spent a fortune in servicing and maintenance on.

The inability to get out of a car that has reasonable usage and the (many) issues I had with servicing in the last 2 years I had the car means I'm simply not going back to any McLaren no matter what I'm afraid to say. Which is a bit of a shame as the cars definitely do drive right (when they work).

AndM

366 posts

136 months

Wednesday 15th May
quotequote all
Bispal said:
Juno said:
davek_964 said:
isaldiri said:
davek_964 said:
By McLaren?
Yes. Mclaren dealership.
Wow. That is pretty appalling.
I wonder what we steal any car would offer
They offered my £100 for my 1998 Manual Ferrari F355.....So that just about sums them up!
Im prepared to go to £150. Final offer.

s2000db

800 posts

94 months

Wednesday 15th May
quotequote all
Juno said:
The Surveyor said:
Juno said:
……..it’s as much to do with your passion about the brand and the dealer!
I'm not sure how that works, but good news on the incoming RS.

You need to be careful dispelling that myth though, once people think anybody can get a new GT Porsche the investors will leave the Porsche market and go on to other marques.
Well I’d not go as far to say anybody can walk on and get one and it’s always long wait to get a new car.

I just meant you don’t have to buy 20 cars to get one. I believe there are less than 100 RS WP cars coming though so fair to say pretty scarce!
It’s a Porsche 911, they’re not scarce... tongue out

Btw, you know the 991.2GT3 is the most common variant!

MDL111

3,451 posts

118 months

Wednesday 15th May
quotequote all
s2000db said:
Juno said:
The Surveyor said:
Juno said:
……..it’s as much to do with your passion about the brand and the dealer!
I'm not sure how that works, but good news on the incoming RS.

You need to be careful dispelling that myth though, once people think anybody can get a new GT Porsche the investors will leave the Porsche market and go on to other marques.
Well I’d not go as far to say anybody can walk on and get one and it’s always long wait to get a new car.

I just meant you don’t have to buy 20 cars to get one. I believe there are less than 100 RS WP cars coming though so fair to say pretty scarce!
It’s a Porsche 911, they’re not scarce... tongue out

Btw, you know the 991.2GT3 is the most common variant!
exactly - 991 GT3/RS cars are all but scarce. In my opinion they will be worth less than a 650 within the next 3-10 years (wide range as I can't project when the market will return to normality). The only thing propping them up at the moment are the investors (also known as real car guys, who for some reason only buy cars that don't drop too much value/trade at a premium to list)