What,Can and Should Mclaren be Doing About Protecting Resale
Discussion
bertie said:
RBT0 said:
Funny thing is some dealers even play games hiding from facts.
When I tried to negotiate for a brand new 600LT last year at launch they scared me with the low number of allocation story, then you find they’ve built many unsold now sat on showroom?
Just their bad luck, not expected lack of demand, or trying to fool customer asking for big money when reality is they will flood showroom with many LT cars and at the end cars will lose value due to lack of exclusivity?
I don’t think dealers are hiding facts, I don’t think they know in terms of total production or availability When I tried to negotiate for a brand new 600LT last year at launch they scared me with the low number of allocation story, then you find they’ve built many unsold now sat on showroom?
Just their bad luck, not expected lack of demand, or trying to fool customer asking for big money when reality is they will flood showroom with many LT cars and at the end cars will lose value due to lack of exclusivity?
https://investors.mclaren.com/sites/mclaren-ir/fil...
Says very clearly 600 LT is sold out for H1 2019 “with a strong order book” for H2...so cars available. Clearly that’s a global number but I am sure they could find a 600 LT build slot if someone wanted one. They also say Super series is sold out until Q3 2019.
Q1 2019 update is due out on Wednesday.
Cheib said:
bertie said:
RBT0 said:
Funny thing is some dealers even play games hiding from facts.
When I tried to negotiate for a brand new 600LT last year at launch they scared me with the low number of allocation story, then you find they’ve built many unsold now sat on showroom?
Just their bad luck, not expected lack of demand, or trying to fool customer asking for big money when reality is they will flood showroom with many LT cars and at the end cars will lose value due to lack of exclusivity?
I don’t think dealers are hiding facts, I don’t think they know in terms of total production or availability When I tried to negotiate for a brand new 600LT last year at launch they scared me with the low number of allocation story, then you find they’ve built many unsold now sat on showroom?
Just their bad luck, not expected lack of demand, or trying to fool customer asking for big money when reality is they will flood showroom with many LT cars and at the end cars will lose value due to lack of exclusivity?
https://investors.mclaren.com/sites/mclaren-ir/fil...
Says very clearly 600 LT is sold out for H1 2019 “with a strong order book” for H2...so cars available. Clearly that’s a global number but I am sure they could find a 600 LT build slot if someone wanted one. They also say Super series is sold out until Q3 2019.
Q1 2019 update is due out on Wednesday.
bertie said:
Cheib said:
bertie said:
RBT0 said:
Funny thing is some dealers even play games hiding from facts.
When I tried to negotiate for a brand new 600LT last year at launch they scared me with the low number of allocation story, then you find they’ve built many unsold now sat on showroom?
Just their bad luck, not expected lack of demand, or trying to fool customer asking for big money when reality is they will flood showroom with many LT cars and at the end cars will lose value due to lack of exclusivity?
I don’t think dealers are hiding facts, I don’t think they know in terms of total production or availability When I tried to negotiate for a brand new 600LT last year at launch they scared me with the low number of allocation story, then you find they’ve built many unsold now sat on showroom?
Just their bad luck, not expected lack of demand, or trying to fool customer asking for big money when reality is they will flood showroom with many LT cars and at the end cars will lose value due to lack of exclusivity?
https://investors.mclaren.com/sites/mclaren-ir/fil...
Says very clearly 600 LT is sold out for H1 2019 “with a strong order book” for H2...so cars available. Clearly that’s a global number but I am sure they could find a 600 LT build slot if someone wanted one. They also say Super series is sold out until Q3 2019.
Q1 2019 update is due out on Wednesday.
On the 600LT front - my genuine experience 
Was looking for a 570s (used) but when I went into the nearest McL dealership and saw the 600LT they had on display - I wanted one
- but was informed the total allocation was sold out - I am sure they would have taken my order if there were cars available?
Subsequently (and after I had ordered my new 570s) some 600LTs have become available for a variety of reasons?
Maybe I should have waited a few more months but life is too short for such regrets - every McLaren is an epic drive
I have mega sympathy for folk who have spec'd their new McLs and have paid full whack and have seen their future values undermined and diminished by pre-reg'd cars available at discounted prices.
Was looking for a 570s (used) but when I went into the nearest McL dealership and saw the 600LT they had on display - I wanted one
- but was informed the total allocation was sold out - I am sure they would have taken my order if there were cars available? Subsequently (and after I had ordered my new 570s) some 600LTs have become available for a variety of reasons?
Maybe I should have waited a few more months but life is too short for such regrets
- every McLaren is an epic drive I have mega sympathy for folk who have spec'd their new McLs and have paid full whack and have seen their future values undermined and diminished by pre-reg'd cars available at discounted prices.
rich12 said:
Just adding my bit as someone who deals with most 'supercar' brands on a daily basis.
McLaren in my opinion are the worst for looking after their customers and reliability overall.
Our 720s is an 18 plate with 8k miles on it and having just been in for a service last Friday, somehow it came back from them full of faults.
The aircon doesn't work anymore, keep getting a power steering fault (which is truly awful as the power steering stops working for 10 seconds or so), suspension fault keeps popping up. Of course this is probably a coincidence but trying to get it booked back in again is proving to be a nightmare.
Our 570s has 25k on it and the build quality is appalling. There's a horrible rattling noise coming from the dash at low speeds but they aren't willing to actually try and find the fault. We bought the car at year old and part of the deal was an extra years warranty yet we've just had a 2 week battle with them over this as they wouldn't even accept the fact it was on the invoice.
I love the cars and what they're capable of but McLaren themselves are awful in comparison to lambo/ferrari/Aston Martin and Bentley.
The fact the cars lose so much more in value is a massive factor when considering replacements.
interestingMcLaren in my opinion are the worst for looking after their customers and reliability overall.
Our 720s is an 18 plate with 8k miles on it and having just been in for a service last Friday, somehow it came back from them full of faults.
The aircon doesn't work anymore, keep getting a power steering fault (which is truly awful as the power steering stops working for 10 seconds or so), suspension fault keeps popping up. Of course this is probably a coincidence but trying to get it booked back in again is proving to be a nightmare.
Our 570s has 25k on it and the build quality is appalling. There's a horrible rattling noise coming from the dash at low speeds but they aren't willing to actually try and find the fault. We bought the car at year old and part of the deal was an extra years warranty yet we've just had a 2 week battle with them over this as they wouldn't even accept the fact it was on the invoice.
I love the cars and what they're capable of but McLaren themselves are awful in comparison to lambo/ferrari/Aston Martin and Bentley.
The fact the cars lose so much more in value is a massive factor when considering replacements.
Matty3 said:
On the 600LT front - my genuine experience
Was looking for a 570s (used) but when I went into the nearest McL dealership and saw the 600LT they had on display - I wanted one - but was informed the total allocation was sold out - I am sure they would have taken my order if there were cars available?
Subsequently (and after I had ordered my new 570s) some 600LTs have become available for a variety of reasons?
Maybe I should have waited a few more months but life is too short for such regrets - every McLaren is an epic drive
I have mega sympathy for folk who have spec'd their new McLs and have paid full whack and have seen their future values undermined and diminished by pre-reg'd cars available at discounted prices.
O/TWas looking for a 570s (used) but when I went into the nearest McL dealership and saw the 600LT they had on display - I wanted one
- but was informed the total allocation was sold out - I am sure they would have taken my order if there were cars available? Subsequently (and after I had ordered my new 570s) some 600LTs have become available for a variety of reasons?
Maybe I should have waited a few more months but life is too short for such regrets
- every McLaren is an epic drive I have mega sympathy for folk who have spec'd their new McLs and have paid full whack and have seen their future values undermined and diminished by pre-reg'd cars available at discounted prices.
The 600LT is a lovely looking thing and I had intended buying one. My dealer gave me the 600LT for the day whilst my 570 Spider was in for its service, it turns out that the car was not for me.
If I was a track monster I can see the point of the car but on the road, for me it was too firm and there's quite a bit of road noise in the cabin, too much for road trips.
Had I spec'd and ordered one I'd have lived with it but I was glad to get back ito the 570 Spider. It left me really disappointed that I didn't get on with it.
I really fancy the 675LT but I haven't driven one. Has anyone driven the 600LT and the 675LT? Are they similar in ride quality?
993AL said:
O/T
The 600LT is a lovely looking thing and I had intended buying one. My dealer gave me the 600LT for the day whilst my 570 Spider was in for its service, it turns out that the car was not for me.
If I was a track monster I can see the point of the car but on the road, for me it was too firm and there's quite a bit of road noise in the cabin, too much for road trips.
Had I spec'd and ordered one I'd have lived with it but I was glad to get back ito the 570 Spider. It left me really disappointed that I didn't get on with it.
I really fancy the 675LT but I haven't driven one. Has anyone driven the 600LT and the 675LT? Are they similar in ride quality?
That's really interesting - thanks.The 600LT is a lovely looking thing and I had intended buying one. My dealer gave me the 600LT for the day whilst my 570 Spider was in for its service, it turns out that the car was not for me.
If I was a track monster I can see the point of the car but on the road, for me it was too firm and there's quite a bit of road noise in the cabin, too much for road trips.
Had I spec'd and ordered one I'd have lived with it but I was glad to get back ito the 570 Spider. It left me really disappointed that I didn't get on with it.
I really fancy the 675LT but I haven't driven one. Has anyone driven the 600LT and the 675LT? Are they similar in ride quality?
Maybe it was good fortune that I too ended up with a Spider as I intend to put a fair few miles on it! - it is truly a great place to be.
993AL said:
O/T
The 600LT is a lovely looking thing and I had intended buying one. My dealer gave me the 600LT for the day whilst my 570 Spider was in for its service, it turns out that the car was not for me.
If I was a track monster I can see the point of the car but on the road, for me it was too firm and there's quite a bit of road noise in the cabin, too much for road trips.
Had I spec'd and ordered one I'd have lived with it but I was glad to get back ito the 570 Spider. It left me really disappointed that I didn't get on with it.
I really fancy the 675LT but I haven't driven one. Has anyone driven the 600LT and the 675LT? Are they similar in ride quality?
Interesting feedback. I drove the 570S and 600LT back to back on track and the difference between them is significant (which is really saying something given how great the 570S is).The 600LT is a lovely looking thing and I had intended buying one. My dealer gave me the 600LT for the day whilst my 570 Spider was in for its service, it turns out that the car was not for me.
If I was a track monster I can see the point of the car but on the road, for me it was too firm and there's quite a bit of road noise in the cabin, too much for road trips.
Had I spec'd and ordered one I'd have lived with it but I was glad to get back ito the 570 Spider. It left me really disappointed that I didn't get on with it.
I really fancy the 675LT but I haven't driven one. Has anyone driven the 600LT and the 675LT? Are they similar in ride quality?
I then took the 600LT on road and was pleasantly surprised by ride quality as I was expecting it to be too harsh for the road.
If I could get the right deal to change my 570S spider for a 600LT spider I wouldn’t hesitate to change but if most of the driving is on the road and more of a daily driver then I can see the 570S is probably the better choice. If the car is for the odd track day and weekend B road blasts then I can see the attraction of the 600LT.
Not driven the 675LT but I’d be interested to hear from anyone that has to compare it to the 600LT
ripley500 said:
993AL said:
O/T
The 600LT is a lovely looking thing and I had intended buying one. My dealer gave me the 600LT for the day whilst my 570 Spider was in for its service, it turns out that the car was not for me.
If I was a track monster I can see the point of the car but on the road, for me it was too firm and there's quite a bit of road noise in the cabin, too much for road trips.
Had I spec'd and ordered one I'd have lived with it but I was glad to get back ito the 570 Spider. It left me really disappointed that I didn't get on with it.
I really fancy the 675LT but I haven't driven one. Has anyone driven the 600LT and the 675LT? Are they similar in ride quality?
Interesting feedback. I drove the 570S and 600LT back to back on track and the difference between them is significant (which is really saying something given how great the 570S is).The 600LT is a lovely looking thing and I had intended buying one. My dealer gave me the 600LT for the day whilst my 570 Spider was in for its service, it turns out that the car was not for me.
If I was a track monster I can see the point of the car but on the road, for me it was too firm and there's quite a bit of road noise in the cabin, too much for road trips.
Had I spec'd and ordered one I'd have lived with it but I was glad to get back ito the 570 Spider. It left me really disappointed that I didn't get on with it.
I really fancy the 675LT but I haven't driven one. Has anyone driven the 600LT and the 675LT? Are they similar in ride quality?
I then took the 600LT on road and was pleasantly surprised by ride quality as I was expecting it to be too harsh for the road.
If I could get the right deal to change my 570S spider for a 600LT spider I wouldn’t hesitate to change but if most of the driving is on the road and more of a daily driver then I can see the 570S is probably the better choice. If the car is for the odd track day and weekend B road blasts then I can see the attraction of the 600LT.
Not driven the 675LT but I’d be interested to hear from anyone that has to compare it to the 600LT
It had me wondering if the intake sound generators were up at full, only to discover that it doesn't have them
There is no denying that it is a fantastic car though.
If you buy smartly I don't actually think in the current market a 570 is that bad.
I've had a pretty good offer on a pre reg which may well come off that would hemorrhage less than a 991 gt3 has seen in the last year and well under the bruising deprecation of a 991.1 gt3 rs over the list 18 months (100k!)
It's a bit unfortunate that Mclaren seems to have become a byword for deprecation as all the marques get it. In a funny way Porsche actually generate it on purpose for people that are willing to pay overs for their cars (a phenomenon that's probably coming to an end) Porsche don't really limit production so much any more but they do have artificially low RRPs on the gt cars which creates the strong residuals. They have a huge range of other models to make their margins on though of course.
Other than stopping making so many there's not really much Mc can do. The one thing that will firm up this market is when the public gets more comfortable with them. It seems to me as an outside observer that generally the cars as are mechanically very good but have electrical issues and patchy dealer service. When you look at Porsche they have very serious mechanical issues and pretty awful dealers so really which is the smart buy?
One practical thing they could do is just drop the pretense of te RRPs and just lower them to the realistic prices and then adopt a no discounting policy. That way everyone knows where they are. Currently its a bit like bitcoin you just don't know what the value is when you are shopping for new or used which creates a bit of apprehension.
I've had a pretty good offer on a pre reg which may well come off that would hemorrhage less than a 991 gt3 has seen in the last year and well under the bruising deprecation of a 991.1 gt3 rs over the list 18 months (100k!)
It's a bit unfortunate that Mclaren seems to have become a byword for deprecation as all the marques get it. In a funny way Porsche actually generate it on purpose for people that are willing to pay overs for their cars (a phenomenon that's probably coming to an end) Porsche don't really limit production so much any more but they do have artificially low RRPs on the gt cars which creates the strong residuals. They have a huge range of other models to make their margins on though of course.
Other than stopping making so many there's not really much Mc can do. The one thing that will firm up this market is when the public gets more comfortable with them. It seems to me as an outside observer that generally the cars as are mechanically very good but have electrical issues and patchy dealer service. When you look at Porsche they have very serious mechanical issues and pretty awful dealers so really which is the smart buy?
One practical thing they could do is just drop the pretense of te RRPs and just lower them to the realistic prices and then adopt a no discounting policy. That way everyone knows where they are. Currently its a bit like bitcoin you just don't know what the value is when you are shopping for new or used which creates a bit of apprehension.
fridaypassion said:
If you buy smartly I don't actually think in the current market a 570 is that bad.
I've had a pretty good offer on a pre reg which may well come off that would hemorrhage less than a 991 gt3 has seen in the last year and well under the bruising deprecation of a 991.1 gt3 rs over the list 18 months (100k!)
It's a bit unfortunate that Mclaren seems to have become a byword for deprecation as all the marques get it. In a funny way Porsche actually generate it on purpose for people that are willing to pay overs for their cars (a phenomenon that's probably coming to an end) Porsche don't really limit production so much any more but they do have artificially low RRPs on the gt cars which creates the strong residuals. They have a huge range of other models to make their margins on though of course.
Other than stopping making so many there's not really much Mc can do. The one thing that will firm up this market is when the public gets more comfortable with them. It seems to me as an outside observer that generally the cars as are mechanically very good but have electrical issues and patchy dealer service. When you look at Porsche they have very serious mechanical issues and pretty awful dealers so really which is the smart buy?
One practical thing they could do is just drop the pretense of te RRPs and just lower them to the realistic prices and then adopt a no discounting policy. That way everyone knows where they are. Currently its a bit like bitcoin you just don't know what the value is when you are shopping for new or used which creates a bit of apprehension.
As far as I am aware a fully specked 991.1 GT3RS would have been £150k new so I can't see any depreciation at all,I have a new 991 GT3RS coming and that's only £179k with WP I've had a pretty good offer on a pre reg which may well come off that would hemorrhage less than a 991 gt3 has seen in the last year and well under the bruising deprecation of a 991.1 gt3 rs over the list 18 months (100k!)
It's a bit unfortunate that Mclaren seems to have become a byword for deprecation as all the marques get it. In a funny way Porsche actually generate it on purpose for people that are willing to pay overs for their cars (a phenomenon that's probably coming to an end) Porsche don't really limit production so much any more but they do have artificially low RRPs on the gt cars which creates the strong residuals. They have a huge range of other models to make their margins on though of course.
Other than stopping making so many there's not really much Mc can do. The one thing that will firm up this market is when the public gets more comfortable with them. It seems to me as an outside observer that generally the cars as are mechanically very good but have electrical issues and patchy dealer service. When you look at Porsche they have very serious mechanical issues and pretty awful dealers so really which is the smart buy?
One practical thing they could do is just drop the pretense of te RRPs and just lower them to the realistic prices and then adopt a no discounting policy. That way everyone knows where they are. Currently its a bit like bitcoin you just don't know what the value is when you are shopping for new or used which creates a bit of apprehension.
Current 991 GT3's are still over list??? even .1's are close to list for a five year old car!
Your quote sounds like a Donald Trump quote "If I say it the World will believe it"
As for serious mechanical problems Porsche put a no quibble 10 year guarantee on the .1 engine problem,Mc could learn a lot from that!
A friend of mine just lost £50k on a 650 Spyder and 1500 miles over 18 months,Impressed he is not
I think the 675 could be a good buy right now,it will be interesting to see how it holds up but definitely a very special car either way
Edited by Juno on Monday 3rd June 22:32
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