720S - what to look for?

720S - what to look for?

Author
Discussion

355spiderguy

1,476 posts

172 months

Thursday 3rd October 2019
quotequote all
BadBull said:
The McLaren market is a mess.
Have you tried selling a Lambo lately?

As mentioned elsewhere, someone i know is trying to sell a stunning '17 plate Performante for £40k less than he paid 10mths ago...there are loads for sale and if you watch prices they are getting dropped by around £5k a month currently but still sitting about...and that's probably the only Lambo i would consider assuming if i fell and hit my head.

Its not a McLaren specific issue.

The whole market is a mess... times have changed and it may possibly get a lot worse.

BadBull

1,924 posts

73 months

Thursday 3rd October 2019
quotequote all
You lot take things so personally.

Nice petulant dig about needing a head injury to buy a Lamborghini too.

If it was a thread about the market in general I'd have said much the same thing.

But you were discussing the McLaren market so I limited my comment to McLaren.

Are any other manufacturers limiting supply to prop up their prices?

davek_964

8,832 posts

176 months

Thursday 3rd October 2019
quotequote all
I think it's generally accepted that McLaren have flooded their dealers with too many cars in the past. Limiting supply now is correcting an issue they should have sorted out years ago.

It seems unlikely that they're doing it now purely to prop up the prices in a difficult market - because (from a used car price point of view) - it's always been a difficult market for McLaren, even when other cars were fairly bouyant. The general market has changed now and other manufacturers are facing similar problems - but I'm not sure it's actually changed that much for McLaren.

If they are finally doing something to avoid the over-stock at dealers, it's a good thing regardless of the reason.


anonymous-user

55 months

Thursday 3rd October 2019
quotequote all
BadBull said:
You lot take things so personally.

Nice petulant dig about needing a head injury to buy a Lamborghini too.

If it was a thread about the market in general I'd have said much the same thing.

But you were discussing the McLaren market so I limited my comment to McLaren.

Are any other manufacturers limiting supply to prop up their prices?
The irony is strong. Your responses in other forums are generally petulant and unconstructive. From what I can see in your posting history, you have little to offer by way of constructive content. Maybe if you posted something good, instead of ribbing people, you may find you will be treated with due consideration and would be taken seriously.

This forum has been quite pleasant and helpful of late.


Ferruccio

1,837 posts

120 months

Thursday 3rd October 2019
quotequote all
MAC 720S said:
BadBull said:
You lot take things so personally.

Nice petulant dig about needing a head injury to buy a Lamborghini too.

If it was a thread about the market in general I'd have said much the same thing.

But you were discussing the McLaren market so I limited my comment to McLaren.

Are any other manufacturers limiting supply to prop up their prices?
The irony is strong. Your responses in other forums are generally petulant and unconstructive. From what I can see in your posting history, you have little to offer by way of constructive content. Maybe if you posted something good, instead of ribbing people, you may find you will be treated with due consideration and would be taken seriously.

This forum has been quite pleasant and helpful of late.
Er, without wishing to come over all deputy headmaster + detention, re constructive comment, etc. it wasn’t him that said:
“the only Lambo i would consider assuming if i fell and hit my head.”


IMI A

9,410 posts

202 months

Thursday 3rd October 2019
quotequote all
Ferruccio said:
MAC 720S said:
BadBull said:
You lot take things so personally.

Nice petulant dig about needing a head injury to buy a Lamborghini too.

If it was a thread about the market in general I'd have said much the same thing.

But you were discussing the McLaren market so I limited my comment to McLaren.

Are any other manufacturers limiting supply to prop up their prices?
The irony is strong. Your responses in other forums are generally petulant and unconstructive. From what I can see in your posting history, you have little to offer by way of constructive content. Maybe if you posted something good, instead of ribbing people, you may find you will be treated with due consideration and would be taken seriously.

This forum has been quite pleasant and helpful of late.
Er, without wishing to come over all deputy headmaster + detention, re constructive comment, etc. it wasn’t him that said:
“the only Lambo i would consider assuming if i fell and hit my head.”
Thats fine. You can only not say anything negative things about Mcl! Now go face the wall hehe

Ferruccio

1,837 posts

120 months

Thursday 3rd October 2019
quotequote all
IMI A said:
Ferruccio said:
MAC 720S said:
BadBull said:
You lot take things so personally.

Nice petulant dig about needing a head injury to buy a Lamborghini too.

If it was a thread about the market in general I'd have said much the same thing.

But you were discussing the McLaren market so I limited my comment to McLaren.

Are any other manufacturers limiting supply to prop up their prices?
The irony is strong. Your responses in other forums are generally petulant and unconstructive. From what I can see in your posting history, you have little to offer by way of constructive content. Maybe if you posted something good, instead of ribbing people, you may find you will be treated with due consideration and would be taken seriously.

This forum has been quite pleasant and helpful of late.
Er, without wishing to come over all deputy headmaster + detention, re constructive comment, etc. it wasn’t him that said:
“the only Lambo i would consider assuming if i fell and hit my head.”
Thats fine. You can only not say anything negative about Mcl! Now go face the wall hehe
Good. That’s what I thought the rule was.

heihei

162 posts

196 months

Thursday 3rd October 2019
quotequote all
Can anyone remember who had the high-mileage azores 720S for sale?

isaldiri

18,607 posts

169 months

Thursday 3rd October 2019
quotequote all
davek_964 said:
I think it's generally accepted that McLaren have flooded their dealers with too many cars in the past. Limiting supply now is correcting an issue they should have sorted out years ago.
What limiting of supply? mclaren's stated aim is to reach a production target of cars that is ever higher than before.

Turbo cab

1,601 posts

233 months

Thursday 3rd October 2019
quotequote all
heihei said:
Can anyone remember who had the high-mileage azores 720S for sale?
That was Mclaren Hatfield.

I was in there a couple of weeks back and funnily enough asked them about that car. Apparently it was the original owner that purchased it back - For 30k less than he traded it in for might i add - not a bad return on storage to be fair.

heihei

162 posts

196 months

Thursday 3rd October 2019
quotequote all
Ha. Now back in the market!

anonymous-user

55 months

Thursday 3rd October 2019
quotequote all
isaldiri said:
What limiting of supply? mclaren's stated aim is to reach a production target of cars that is ever higher than before.
I understand it is the UK only, not international.

av185

18,514 posts

128 months

Thursday 3rd October 2019
quotequote all
Seem to remember the number of 720S for the UK are 74% down this year compared to 2018.

Whether that's down to reduced demand as opposed to reduced supply is anyone's guess.

Evidently there are 15 new 'Apex' models of the 720 to come . One for each country with individual apex speeds etched on the cars according to the countries race tracks. rolleyes

355spiderguy

1,476 posts

172 months

Thursday 3rd October 2019
quotequote all
BadBull said:
You lot take things so personally.

Nice petulant dig about needing a head injury to buy a Lamborghini too.

If it was a thread about the market in general I'd have said much the same thing.

But you were discussing the McLaren market so I limited my comment to McLaren.

Are any other manufacturers limiting supply to prop up their prices?
By all accounts turn it into 'all about you'; i'm pretty sure you weren't mentioned and i were clearly talking about myself.

It was mentioned that the 720s prices are starting to bottom out, however, on another thread someone has mentioned a 720s has been offered up at £139k.

I don't think the 720 has settled in price just like i don't think and 'supercar' from any manufacturer has settled.

Whether its McLaren, Ferrari, Lambo etc, everyone must accept that the good times are over and these cars are now 'normal service resumed' with regards to shedding money.

So buy it, enjoy it.

But find a 'buy in' price that your comfortable with knowing full well there is going to be kick in the nuts somewhere along the line.



LooneyTunes

Original Poster:

6,880 posts

159 months

Thursday 3rd October 2019
quotequote all
MAC 720S said:
isaldiri said:
What limiting of supply? mclaren's stated aim is to reach a production target of cars that is ever higher than before.
I understand it is the UK only, not international.
FWIW, I got no sense that there were any issues with ordering a new one. Personally I’m not sure I understand why McLaren would want to to constrain supply when the economic outlook doesn’t exactly look great.

PompeyReece

1,497 posts

90 months

Thursday 3rd October 2019
quotequote all
LooneyTunes said:
FWIW, I got no sense that there were any issues with ordering a new one. Personally I’m not sure I understand why McLaren would want to to constrain supply when the economic outlook doesn’t exactly look great.
The economic outlook doesn’t look great for Joe Average.Those lucky enough to be able to afford a 720s are probably much better placed to absorb those financial bumps. Not having a dig at 720s owners BTW!!

LotusJas

1,324 posts

232 months

Thursday 3rd October 2019
quotequote all
BadBull said:
Are any other manufacturers limiting supply to prop up their prices?
Sensible strategy....as practiced by Ferrari for years.

It was about time McLaren followed suit.

jakesmith

9,461 posts

172 months

Thursday 3rd October 2019
quotequote all
PompeyReece said:
The economic outlook doesn’t look great for Joe Average.Those lucky enough to be able to afford a 720s are probably much better placed to absorb those financial bumps. Not having a dig at 720s owners BTW!!
People over extend themselves based on performance expectations in all walks of life. Plenty of suddenly cheap performance cars available in 2008. I bought a 2 year old high spec Boxster for £19k. That’s £25k in today’s money. Try that today you’re looking closer to £40k

355spiderguy

1,476 posts

172 months

Friday 4th October 2019
quotequote all
Regards to the £139k 720s.

Less than a year ago my 650 spider appeared for sale for a few thousand less than that price.

It was at that point still less than 3 years old and was just over £282k list new with all its options.

Most 650 spiders a year ago were that and went upto the £155k mark.

After prolonged negotiation i bought it this spring for over £30k less.

£139k has just set the new lowest advertised for sale, but its not going to be unique. It's just the 1st one to break the £140k advertised price.

A truly outstanding car that can be bought for an outstanding price.

But they havn't settled. Neither has my 650 spider.

At McLaren Glasgow the other day i reckon they had at least 6 720s on the forecourt and a spider and coupe in the showroom.

The over supply has been a huge issue; likewise with the 5 series.

And strangely it seems when return clients like Justin try to trade up they won't make a deal attractive enough.

I'm not talking McLaren down as i am sold and love the brand, the products and the 1st class service at McLaren Glasgow... i would not consider any other brand now for my sports car fix, but their support for sustaining 2nd hand values is seriously lacking.

justin220

5,347 posts

205 months

Friday 4th October 2019
quotequote all
355spiderguy said:
Regards to the £139k 720s.

Less than a year ago my 650 spider appeared for sale for a few thousand less than that price.

It was at that point still less than 3 years old and was just over £282k list new with all its options.

Most 650 spiders a year ago were that and went upto the £155k mark.

After prolonged negotiation i bought it this spring for over £30k less.

£139k has just set the new lowest advertised for sale, but its not going to be unique. It's just the 1st one to break the £140k advertised price.

A truly outstanding car that can be bought for an outstanding price.

But they havn't settled. Neither has my 650 spider.

At McLaren Glasgow the other day i reckon they had at least 6 720s on the forecourt and a spider and coupe in the showroom.

The over supply has been a huge issue; likewise with the 5 series.

And strangely it seems when return clients like Justin try to trade up they won't make a deal attractive enough.

I'm not talking McLaren down as i am sold and love the brand, the products and the 1st class service at McLaren Glasgow... i would not consider any other brand now for my sports car fix, but their support for sustaining 2nd hand values is seriously lacking.
Good Post.

I feel I'm a prime candidate to move from the 540 to a 720 but the unfortunate cliff edge depreciation of both cars has completely put me off.

Sure, it's actually cheaper now to get into a 720S, but not convinced it's twice the car the 540 is (effectively what I'd need money wise to trade up).

The market is a real mess.