McLaren Finance Questions.
Discussion
Gonzo0 said:
Any non Mac owners waiting patiently for December 2021/Jan 2022 when plenty of 2 yr old 600LTs flood the market?
Will they go straight to auction or back into dealer stock?
After their initial massive depreciation ( cus they built far too many of them ) values have returned to something more sensible with the market upturn.Will they go straight to auction or back into dealer stock?
Rather than just handing them back customers may consider re financing them if they can come up with a big enough deposit. Those that cant are likely to go into dealer stock as the dealers are desperate for used cars and 600LTs at the balloon prices wouldn't be bad stock currently.
Anyone buying one of these at the £130k low point bagged a great car for the money and will be sitting pretty
I am pretty sure i read on here they were discounted massively, 15k down and 1k a month payments?
I am not so sure anyone who took that route is going to suddenly come up with a chunky deposit to carry on ownership when they have already done 40k.
If the market becomes flooded arent prices bound to take a knock? I would love one personally, but 40-50% more than a 570s and knocking on 720s money, i hope from a selfish point of view they settle somewhere in the middle price wise or i would just go 720s if i had the money, i also appreciate they are two completley different cars and probably shouldnt be talked about in the same sentence, just an insight from my eyes.
I am not so sure anyone who took that route is going to suddenly come up with a chunky deposit to carry on ownership when they have already done 40k.
If the market becomes flooded arent prices bound to take a knock? I would love one personally, but 40-50% more than a 570s and knocking on 720s money, i hope from a selfish point of view they settle somewhere in the middle price wise or i would just go 720s if i had the money, i also appreciate they are two completley different cars and probably shouldnt be talked about in the same sentence, just an insight from my eyes.
Streetbeat said:
I am pretty sure i read on here they were discounted massively, 15k down and 1k a month payments?
I am not so sure anyone who took that route is going to suddenly come up with a chunky deposit to carry on ownership when they have already done 40k.
If the market becomes flooded arent prices bound to take a knock? I would love one personally, but 40-50% more than a 570s and knocking on 720s money, i hope from a selfish point of view they settle somewhere in the middle price wise or i would just go 720s if i had the money, i also appreciate they are two completley different cars and probably shouldnt be talked about in the same sentence, just an insight from my eyes.
Do you think all the people who took up the 600LT offers are all paupers or something? Any buyer that bought new is going to be in the same position when it comes to the current value vs new cost, how they fund it is not a measure of their financial well being in my eyes.I am not so sure anyone who took that route is going to suddenly come up with a chunky deposit to carry on ownership when they have already done 40k.
If the market becomes flooded arent prices bound to take a knock? I would love one personally, but 40-50% more than a 570s and knocking on 720s money, i hope from a selfish point of view they settle somewhere in the middle price wise or i would just go 720s if i had the money, i also appreciate they are two completley different cars and probably shouldnt be talked about in the same sentence, just an insight from my eyes.
I do agree with your comments on 600 vs 720 though, they appeal to different buyers.
The buyers are out there, and the cars are being sold at the current market rate.
I have today placed a deposit after 2 test drives on a 600LT Spider. 168k paid 6,500 miles 1 owner 05/20 car.
Yes, more than they were 6 months ago, but its the perfect spec for me, almost to the point if I was speccing from new I can't really think what I would change. This did play into it alot.
Also I was worried it might be too tame or not disimular to a 570 spider, however there is a big difference on the excitement/noise front, so went for it!!!
Yes they will be cheaper in winter as usual, but I cant see a big collapse or correction, there is simply too much money out there.
Very simular car also sold within 2 weeks at same dealer.
I have today placed a deposit after 2 test drives on a 600LT Spider. 168k paid 6,500 miles 1 owner 05/20 car.
Yes, more than they were 6 months ago, but its the perfect spec for me, almost to the point if I was speccing from new I can't really think what I would change. This did play into it alot.
Also I was worried it might be too tame or not disimular to a 570 spider, however there is a big difference on the excitement/noise front, so went for it!!!
Yes they will be cheaper in winter as usual, but I cant see a big collapse or correction, there is simply too much money out there.
Very simular car also sold within 2 weeks at same dealer.
lambo666 said:
The buyers are out there, and the cars are being sold at the current market rate.
I have today placed a deposit after 2 test drives on a 600LT Spider. 168k paid 6,500 miles 1 owner 05/20 car.
Yes, more than they were 6 months ago, but its the perfect spec for me, almost to the point if I was speccing from new I can't really think what I would change. This did play into it alot.
Also I was worried it might be too tame or not disimular to a 570 spider, however there is a big difference on the excitement/noise front, so went for it!!!
Yes they will be cheaper in winter as usual, but I cant see a big collapse or correction, there is simply too much money out there.
Very simular car also sold within 2 weeks at same dealer.
Congrats!I have today placed a deposit after 2 test drives on a 600LT Spider. 168k paid 6,500 miles 1 owner 05/20 car.
Yes, more than they were 6 months ago, but its the perfect spec for me, almost to the point if I was speccing from new I can't really think what I would change. This did play into it alot.
Also I was worried it might be too tame or not disimular to a 570 spider, however there is a big difference on the excitement/noise front, so went for it!!!
Yes they will be cheaper in winter as usual, but I cant see a big collapse or correction, there is simply too much money out there.
Very simular car also sold within 2 weeks at same dealer.
Mine may be up for sale soon...............
Crazy4557 said:
Do you think all the people who took up the 600LT offers are all paupers or something?
Not at all, but it was probably a very affordable proposition for someone who perhaps didnt have a big chunk to put down to get decent monthly payments and otherwise may not have considered a new supercar. 
Each dealer had around 4 or 5 of these (Hatfield told me they had 7). So you are going to be looking at around 1/4 to a 1/3 of the entire production run coming to the market within a 4-5 month period. All will presumably have 12k miles on them too.
Will be interesting to see what happens.
Will be interesting to see what happens.
petjam said:
Each dealer had around 4 or 5 of these (Hatfield told me they had 7). So you are going to be looking at around 1/4 to a 1/3 of the entire production run coming to the market within a 4-5 month period. All will presumably have 12k miles on them too.
Will be interesting to see what happens.
The offer was available for well over a year, not 4-5 months.Will be interesting to see what happens.
1/4 of 174 cars is not that many.
And given the current availability and pricings, most will be well into positive equity so there will be plenty of people keeping them.....
I don't think there is going to be anything like the "flood" of cars coming to market that people are thinking/hoping......and any that do will be back to dealers at dealer pricings.......which at the moment looks to be about £170k to £180k for a decent spec.........
I'm on a whatsapp group set up by RBTO for purely 600LT owners and not many are talking about handing cars back.........
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