Buy a 720s or wait
Discussion
Bloody hell, that moved quickly. Well done. Similar to mine.
Tips (from experience):
insist that all levels of software are brought up to date. This should save you a lot of hassle and heartache with spurious electronic gremlins that the earlier models suffer from.
When you take delivery, check the oil level. I cannot stress this enough. There should be a pouch in the frunk which contains various items of first aid and tryre puncture repair stuff. Check that includes a Torx 't-bar' tool with a blue handle. It is used to gain access to the water and oil fluid topping up points which lie beneath the rear engine covers.
There is a little pouch hidden at the front of the drivers seat between your knees. It is where most owners keep their key fob. McLarens have a habit of “key not found” which I believe is something to do with the carbon fibre cell acting like some sort of Faraday cage. Keeping the key in the pouch elevates the key into a higher position away from the carbon tub and helps to reduce the key not found message.
To enable the factoty fit tracker, you need to call customer service on this number > https://automotive.vodafone.co.uk/contact-vodafone...
When starting the car, keep foot firmly planted on brake. It needs a lot of push for the ignition to sense that the brakes are engaged. There is the common question from new owners “why won’t my car start?” Usually a firm push on the brake is all that is needed. For the same reason, you will also notice that the car may creep forward when stood at traffic lights. Eventually it will become second nature that the brakes need a firm solid push to keep it stationary.
When stationary, you can select Neutral and Drive by pulling on the left and right paddles. You don’t need to use the central gear selector buttons. You won’t find this in the Owners Manual.
Join the McLaren Owners Club UK. Lots of support and experience + many social events and club meet ups. https://www.mclarenowners.org.uk/
Enjoy.
Edit: For peace of mind, ask the Dealership (or even insist) that they put it up on ramps, drop the undertrays and provide you with a video inspection of the underside of the engine to see if there are any water and/or oil leaks. As part of the annual service they normally provide this anyway, including measurements of brake pads and discs, tyres and a general walkabout of the vehicle for areas you cannot normally see such as brake pipes/hoses. As part of the PDI, it is not unreasonable to expect this.
Tips (from experience):
insist that all levels of software are brought up to date. This should save you a lot of hassle and heartache with spurious electronic gremlins that the earlier models suffer from.
When you take delivery, check the oil level. I cannot stress this enough. There should be a pouch in the frunk which contains various items of first aid and tryre puncture repair stuff. Check that includes a Torx 't-bar' tool with a blue handle. It is used to gain access to the water and oil fluid topping up points which lie beneath the rear engine covers.
There is a little pouch hidden at the front of the drivers seat between your knees. It is where most owners keep their key fob. McLarens have a habit of “key not found” which I believe is something to do with the carbon fibre cell acting like some sort of Faraday cage. Keeping the key in the pouch elevates the key into a higher position away from the carbon tub and helps to reduce the key not found message.
To enable the factoty fit tracker, you need to call customer service on this number > https://automotive.vodafone.co.uk/contact-vodafone...
When starting the car, keep foot firmly planted on brake. It needs a lot of push for the ignition to sense that the brakes are engaged. There is the common question from new owners “why won’t my car start?” Usually a firm push on the brake is all that is needed. For the same reason, you will also notice that the car may creep forward when stood at traffic lights. Eventually it will become second nature that the brakes need a firm solid push to keep it stationary.
When stationary, you can select Neutral and Drive by pulling on the left and right paddles. You don’t need to use the central gear selector buttons. You won’t find this in the Owners Manual.
Join the McLaren Owners Club UK. Lots of support and experience + many social events and club meet ups. https://www.mclarenowners.org.uk/
Enjoy.
Edit: For peace of mind, ask the Dealership (or even insist) that they put it up on ramps, drop the undertrays and provide you with a video inspection of the underside of the engine to see if there are any water and/or oil leaks. As part of the annual service they normally provide this anyway, including measurements of brake pads and discs, tyres and a general walkabout of the vehicle for areas you cannot normally see such as brake pipes/hoses. As part of the PDI, it is not unreasonable to expect this.
Edited by anonymous-user on Wednesday 13th November 21:53
Bispal said:
A nice 2011 (8 year old) 12C is a bargain at £80k. A 2015 (4 year old) 650S is £100k. Can only assume 720S will follow a similar depreciation curve with adjusted uplift for more advanced / newer car. So expect £110k at 4 years old? £10k pa sounds pretty reasonable to me for the fastest most advanced supercar you can buy for 4 years followed by £5k pa for the following 4 years. The evidence is out there with plenty of proof on values. Just don't sell in 1 year or the dealer margins and spread will make it disproportionately worse. Remember to enjoy the car and not worry about depreciation, go into it with your eyes wide open and realistic expectations as above.
A relevant story. I sold my 12C 2 years ago and exactly 12 months ago I saw my ideal 650S for sale for £140k. I called the dealer and put in an offer of £120k. The car was a bit over-priced so it was not a cheeky offer as such. 650's were available at the the time for £120k. However this car should have been advertised at £130k and negotiated to perhaps £125k so I did expect to go up a tad but you never start at your best price. However as with many cars it was SOR and after 2 weeks of back & forth £131k was the lowest the owner with his unrealistic expectations would go. By the spring the car was still SOR but at £120k. It then went off SOR and has been for sale privately at a gradual slide to its price today of £110k, £10-£15k less than I offered and £30k less than it was up for.
Reminds me of someone I know had his house on the market at £410k and rejected an offer of £405 k before selling it over a year later at £360k.A relevant story. I sold my 12C 2 years ago and exactly 12 months ago I saw my ideal 650S for sale for £140k. I called the dealer and put in an offer of £120k. The car was a bit over-priced so it was not a cheeky offer as such. 650's were available at the the time for £120k. However this car should have been advertised at £130k and negotiated to perhaps £125k so I did expect to go up a tad but you never start at your best price. However as with many cars it was SOR and after 2 weeks of back & forth £131k was the lowest the owner with his unrealistic expectations would go. By the spring the car was still SOR but at £120k. It then went off SOR and has been for sale privately at a gradual slide to its price today of £110k, £10-£15k less than I offered and £30k less than it was up for.
Bird in the hand ....
Congratulations OP. White would be my choice too. Looks like you got a healthy £10k off the sticker price too! My 12C was white with lots of carbon and I loved it. Was very easy to sell in white with carbon when the time unfortunately came. What warranty did you get? I assume there is a full 2 years left? If not try and negotiate an additional year. I took the tyre and wheel insurance too which was £300 for 3 years and was used when the dealer dropped my wheel and claimed on it! Have fun and if you do one thing join the owners group its an amazing place with loads of events and good people.
DMC2 said:
WCZ said:
it's hard to predict but my personal feeling is they will never be sub 100k
Trade bids aren’t that far off that just now.Unless I am completely out of touch a £50k profit per car for dealers feels a little excessive to me.
Are we really all talking ourselves into a £130k market for a 720S in 12 months time?!
Seriously?! Folks - y’all need to have a word yourself and take a step back. That is close to a definition of lunacy in my humble book.
Frankly - I’ll take a coupe and a Spyder at those prices and a spare in case one needs to spend x months with a dealer (cos they all do that Sir).
Seriously?! Folks - y’all need to have a word yourself and take a step back. That is close to a definition of lunacy in my humble book.
Frankly - I’ll take a coupe and a Spyder at those prices and a spare in case one needs to spend x months with a dealer (cos they all do that Sir).
DeejRC said:
Are we really all talking ourselves into a £130k market for a 720S in 12 months time?!
Seriously?! Folks - y’all need to have a word yourself and take a step back. That is close to a definition of lunacy in my humble book.
Frankly - I’ll take a coupe and a Spyder at those prices and a spare in case one needs to spend x months with a dealer (cos they all do that Sir).
You've missed out on the 130K Coupe already then.Seriously?! Folks - y’all need to have a word yourself and take a step back. That is close to a definition of lunacy in my humble book.
Frankly - I’ll take a coupe and a Spyder at those prices and a spare in case one needs to spend x months with a dealer (cos they all do that Sir).
MAC 720S said:
Is there anything to even draw a comparison with? The 650 which it replaced is a different proposition leaning towards what a traditional supercar would be. The 720S is an odd beast being the best of both worlds of almost hypercar and tourer in equal measure. I don't think there is anything past of present having similar performance, comfort and practicality. The nearest I can think of is the mighty 599 (my favourite fez).
I’d be quite pleased if they bottomed out at £100K, because by then I would have had a lot of fun. And as Juno says, it will be beyond doubt the best performance/super car value in history.
there aren't any comparisons beyond hundreds of thousands of £ moreI’d be quite pleased if they bottomed out at £100K, because by then I would have had a lot of fun. And as Juno says, it will be beyond doubt the best performance/super car value in history.
I simply think that the performance alone will keep it in 3 digits
WCZ said:
MAC 720S said:
Is there anything to even draw a comparison with? The 650 which it replaced is a different proposition leaning towards what a traditional supercar would be. The 720S is an odd beast being the best of both worlds of almost hypercar and tourer in equal measure. I don't think there is anything past of present having similar performance, comfort and practicality. The nearest I can think of is the mighty 599 (my favourite fez).
I’d be quite pleased if they bottomed out at £100K, because by then I would have had a lot of fun. And as Juno says, it will be beyond doubt the best performance/super car value in history.
there aren't any comparisons beyond hundreds of thousands of £ moreI’d be quite pleased if they bottomed out at £100K, because by then I would have had a lot of fun. And as Juno says, it will be beyond doubt the best performance/super car value in history.
I simply think that the performance alone will keep it in 3 digits
Edit: btw I am not saying it will drop below 100k - I just think the reasoning is flawed
Edited by MDL111 on Thursday 14th November 12:43
MDL111 said:
I am not sure that reasoning holds - by that reasoning it should be worth more than pretty much every other car built in the last 20 years (so ignoring vintage cars etc) and the same could also be said of a 12C or a 650S
Edit: btw I am not saying it will drop below 100k - I just think the reasoning is flawed
I thought the same when I read it - it's not like the 12C or 650 are slow, and it really does become the law of diminishing returns when you're discussing 200+mph cars.Edit: btw I am not saying it will drop below 100k - I just think the reasoning is flawed
Edited by MDL111 on Thursday 14th November 12:43
MDL111 said:
I am not sure that reasoning holds - by that reasoning it should be worth more than pretty much every other car built in the last 20 years (so ignoring vintage cars etc) and the same could also be said of a 12C or a 650S
Edit: btw I am not saying it will drop below 100k - I just think the reasoning is flawed
the reasoning is that it should be worth more but brand worries, percieved lack of history and reliability/costs etc etc prevent it from being worth moreEdit: btw I am not saying it will drop below 100k - I just think the reasoning is flawed
Edited by MDL111 on Thursday 14th November 12:43
all I am saying is even with all those factors (whether there's actual truth in them or not) it'll stand as £100k+ purely on the basis that it's as fast as hypercars.
A 720S is almost as quick as a Tesla from 0-60. Saying a cars value will be £x in £x years time because its the fastest (almost) now is flawed. In a few years time the 720s will be replaced by something faster / more desirable / comfier / more outrageous. Seems hard to believe now but that's what happened with the 12C / 650S and every supercar before. The 720S will depreciate in line with the 12C / 650S and the fact its fast "now" will not save it from future depreciation.
8 years ago we all thought the 12C was the ultimate in speed, it would never be bettered, values will climb through the roof........
PS. I am not taking anything away from the 720S its a stunning car and a bargain compared to Ferrari's & Lambo's. The price is set by the market and the market is a product of how the dealers supply and control their output and McLaren is currently in detention for this while Porsche are on the school trip to Alton Towers.....
8 years ago we all thought the 12C was the ultimate in speed, it would never be bettered, values will climb through the roof........
PS. I am not taking anything away from the 720S its a stunning car and a bargain compared to Ferrari's & Lambo's. The price is set by the market and the market is a product of how the dealers supply and control their output and McLaren is currently in detention for this while Porsche are on the school trip to Alton Towers.....
Bispal said:
A 720S is almost as quick as a Tesla from 0-60. Saying a cars value will be £x in £x years time because its the fastest (almost) now is flawed. In a few years time the 720s will be replaced by something faster / more desirable / comfier / more outrageous. Seems hard to believe now but that's what happened with the 12C / 650S and every supercar before. The 720S will depreciate in line with the 12C / 650S and the fact its fast "now" will not save it from future depreciation.
8 years ago we all thought the 12C was the ultimate in speed, it would never be bettered, values will climb through the roof........
PS. I am not taking anything away from the 720S its a stunning car and a bargain compared to Ferrari's & Lambo's. The price is set by the market and the market is a product of how the dealers supply and control their output and McLaren is currently in detention for this while Porsche are on the school trip to Alton Towers.....
Agreed. All Macs will continue to depreciate and I'd expect the 720 to follow the 650/12C trend. It'll be an utter bargain.8 years ago we all thought the 12C was the ultimate in speed, it would never be bettered, values will climb through the roof........
PS. I am not taking anything away from the 720S its a stunning car and a bargain compared to Ferrari's & Lambo's. The price is set by the market and the market is a product of how the dealers supply and control their output and McLaren is currently in detention for this while Porsche are on the school trip to Alton Towers.....
Like you said, McLaren will continue to offer something newer, better, faster..
Thanks for all your comments everyone.
I have a three year residual value of 97k where I can hand it back.
1. Given that the finance company are confident to state that I think it will end up at 115-120k in three years
2. I dont really care as I am going to die one day and I can’t take the money with me.
I have a three year residual value of 97k where I can hand it back.
1. Given that the finance company are confident to state that I think it will end up at 115-120k in three years
2. I dont really care as I am going to die one day and I can’t take the money with me.
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