19 plate 720S for £160k
Discussion
I wouldn't be getting over excited by the price...as i posted that when ferdi p picked up his 720 for just over £130k, his was the benchmark price for a private sale with ABs help, and this shall now set the pace for 720s at main dealers.
The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
650spider said:
I wouldn't be getting over excited by the price...as i posted that when ferdi p picked up his 720 for just over £130k, his was the benchmark price for a private sale with ABs help, and this shall now set the pace for 720s at main dealers.
The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
Correct, McLaren quite simply made too many & the dealers can't shift them anywhere near retail.The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
I'm fairly sure that I'd see trade bids of 120k for mine now, possibly a touch more if I was trading up!
ferdi p said:
650spider said:
I wouldn't be getting over excited by the price...as i posted that when ferdi p picked up his 720 for just over £130k, his was the benchmark price for a private sale with ABs help, and this shall now set the pace for 720s at main dealers.
The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
Correct, McLaren quite simply made too many & the dealers can't shift them anywhere near retail.The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
I'm fairly sure that I'd see trade bids of 120k for mine now, possibly a touch more if I was trading up!
Desert Dragon said:
ferdi p said:
650spider said:
I wouldn't be getting over excited by the price...as i posted that when ferdi p picked up his 720 for just over £130k, his was the benchmark price for a private sale with ABs help, and this shall now set the pace for 720s at main dealers.
The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
Correct, McLaren quite simply made too many & the dealers can't shift them anywhere near retail.The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
I'm fairly sure that I'd see trade bids of 120k for mine now, possibly a touch more if I was trading up!
Maybe try a cheeky 195k bid on one of the current Spiders for sale!
Superleg48 said:
Well clearly “someone who doesn’t know what they are doing” has appeared, as a deposit has been taken. Personally I think it is a lovely looking example, but then I don’t know what I am doing either.
Only needs one differing opinion to produce a buyer, doesn't it?:-) And lets face it, internet message boards occasionally/regularly play host to people talking total codswallop which some people take as fact!Owner will be one lucky bar steward.
PompeyReece said:
Only needs one differing opinion to produce a buyer, doesn't it?:-) And lets face it, internet message boards occasionally/regularly play host to people talking total codswallop which some people take as fact!
Owner will be one lucky bar steward.
Agreed, great buy at 160k...Owner will be one lucky bar steward.
Superleg48 said:
Well clearly “someone who doesn’t know what they are doing” has appeared, as a deposit has been taken. Personally I think it is a lovely looking example, but then I don’t know what I am doing either.
Agree with you, I thought it looked fab. Whilst there is no doubt CF is a great product for construction its use as an adornment sits at the same level as brown vinyl on a roof from the 1970s for me.
David W. said:
Whilst there is no doubt CF is a great product for construction its use as an adornment sits at the same level as brown vinyl on a roof from the 1970s for me.
The exterior pieces do actually save some weight albeit at high cost. It seems to be mainly factory demos (CF fitted at cost) or early cars (where buyers thought they would be able to flip for profit so ticked all the option boxes - bit like 991GT2RS which are 90% WP, but of course unlike the GT Porsche the 720s had normal old style depreciation..... I had to sign the "I won't sell in 6 months for a profit" doc for my new May '18 car 
)Most later cars including the dealer stock ones have very limited extra CF for obvious reasons. (the diffuser was £6K pre mid '18 price rise !!)
650spider said:
I wouldn't be getting over excited by the price...as i posted that when ferdi p picked up his 720 for just over £130k, his was the benchmark price for a private sale with ABs help, and this shall now set the pace for 720s at main dealers.
The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
Just over £130k for a 720s, that is absolutely obscene valueThe lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
LAM80W said:
650spider said:
I wouldn't be getting over excited by the price...as i posted that when ferdi p picked up his 720 for just over £130k, his was the benchmark price for a private sale with ABs help, and this shall now set the pace for 720s at main dealers.
The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
Just over £130k for a 720s, that is absolutely obscene valueThe lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
I dread to think what the bid is if you had to sell quickly.
Desert Dragon said:
ferdi p said:
650spider said:
I wouldn't be getting over excited by the price...as i posted that when ferdi p picked up his 720 for just over £130k, his was the benchmark price for a private sale with ABs help, and this shall now set the pace for 720s at main dealers.
The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
Correct, McLaren quite simply made too many & the dealers can't shift them anywhere near retail.The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
I'm fairly sure that I'd see trade bids of 120k for mine now, possibly a touch more if I was trading up!
ferdi p said:
Desert Dragon said:
ferdi p said:
650spider said:
I wouldn't be getting over excited by the price...as i posted that when ferdi p picked up his 720 for just over £130k, his was the benchmark price for a private sale with ABs help, and this shall now set the pace for 720s at main dealers.
The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
Correct, McLaren quite simply made too many & the dealers can't shift them anywhere near retail.The lack of carbon shall not bother most; the price shall be the large selling point but i feel as though this is the start of dealers putting 19 plate 720s out at less than £160k...a lot more shall follow, with better specs.
There are just too many 720 coupes sitting at main dealers unfortunately with too small a pool of buyers.
I'm fairly sure that I'd see trade bids of 120k for mine now, possibly a touch more if I was trading up!
Maybe try a cheeky 195k bid on one of the current Spiders for sale!
The size of the discounts seems to be making it pretty hard to shift the used stock they already have due to relatively small price differences (none of the used cars I was considering before I became aware of the scale of discounts has sold, in some cases they've been sat there for 3+mths) but dealers unwilling to move much on these.
As an aside, in spite of having got funding sorted, insurance lined up ready, the day I went out to buy one (dealer expecting me) I came home without having opened my wallet. Spec of showroom car wasn't right, test drive unavailable so didn't explore a factory order. Zero follow up since.
It may be winter, McLaren, but your dealers NEED to have demonstrators available. No matter how big the discounts your're supporting, prospective purchasers will have little confidence that the ongoing service will be as expected when dealers can't/won't even offer essential/basic pre-sales services. Dropping in at AM on the way home they were positively apologetic that their DBSS wasn't available until the following day.
OK, some will turn round and say that they deal with timewasters all the time and have to be selective about test drives, however a key part of a dealer's job is qualifying prospective clients: I bought two £100k+ cars locally from the same dealer group in 2019, one of which was a drop-in to rule out a Bentley (immediate test drive of Conti GTC off forecourt, deal done within a few minutes of return) the other also order placed in one visit.
Sadly so much of the car market seems to depend on the quality and attitude of individual dealerships and when the dealer network is so small ALL of them need to firing on all cylinders (I doubt I'm alone in refusing to tolerate the idea of having to use dealers further afield). They're clearly great cars and it would have been good to support British engineering but people don't need these cars and aren't going to buy if the pre-sales experience suggests you won't be looked after post-purchase.
tyrrell said:
It’s a very basis spec, just a quick look at the spec shows these things missing.
No Bowers & Wilkins stereo.
No Carbon fibre exterior packs 1 2 & 3.
No Carbon backed bucket seats.
No secondary Carbon fibre interior components pack.
No extended Carbon fibre gear shift paddles.
No Carbon fibre aero bridges.
No Carbon fibre engine cover.
No Carbon fibre rear diffuser.
No stealth pack.
Basic alloy wheel set.
Interior is dull as ditch water, I would imagine it will be in stock for over a year until someone comes along, who does not know what they are doing & buys it. IMHO
No i agree it's over priced.
No Bowers & Wilkins stereo.
No Carbon fibre exterior packs 1 2 & 3.
No Carbon backed bucket seats.
No secondary Carbon fibre interior components pack.
No extended Carbon fibre gear shift paddles.
No Carbon fibre aero bridges.
No Carbon fibre engine cover.
No Carbon fibre rear diffuser.
No stealth pack.
Basic alloy wheel set.
Interior is dull as ditch water, I would imagine it will be in stock for over a year until someone comes along, who does not know what they are doing & buys it. IMHO
No i agree it's over priced.
Edited by tyrrell on Thursday 2nd January 17:48
Edited by tyrrell on Friday 3rd January 08:31
cayman-black said:
tyrrell said:
It’s a very basis spec, just a quick look at the spec shows these things missing.
No Bowers & Wilkins stereo.
No Carbon fibre exterior packs 1 2 & 3.
No Carbon backed bucket seats.
No secondary Carbon fibre interior components pack.
No extended Carbon fibre gear shift paddles.
No Carbon fibre aero bridges.
No Carbon fibre engine cover.
No Carbon fibre rear diffuser.
No stealth pack.
Basic alloy wheel set.
Interior is dull as ditch water, I would imagine it will be in stock for over a year until someone comes along, who does not know what they are doing & buys it. IMHO
No i agree it's over priced.
No Bowers & Wilkins stereo.
No Carbon fibre exterior packs 1 2 & 3.
No Carbon backed bucket seats.
No secondary Carbon fibre interior components pack.
No extended Carbon fibre gear shift paddles.
No Carbon fibre aero bridges.
No Carbon fibre engine cover.
No Carbon fibre rear diffuser.
No stealth pack.
Basic alloy wheel set.
Interior is dull as ditch water, I would imagine it will be in stock for over a year until someone comes along, who does not know what they are doing & buys it. IMHO
No i agree it's over priced.
Edited by tyrrell on Thursday 2nd January 17:48
Edited by tyrrell on Friday 3rd January 08:31
?That car was quite a basic spec. But sold in the week. I think it was a shrewd buy for someone. The carbon is really an aesthetic choice. Though a lot of people don’t like the leather interiors.
Just looking in the classified there doesn’t seem to be an awful lot of stock in the franchise network.
Most of the stock seems to be at the two Parks franchises Glasgow and Leeds. But their finance is an eye watering 10% apr, meaning dealer commissions of £25k and above. So maybe that’s why they still have so many.
My local dealer concerned they aren’t getting cars in. Mclaren have stopped supplying Euro market pretty much at present. That’s why most of the dealer demonstrators have long gone. Hasn’t had any effect on prices yet of course. Maybe it won’t.
Just looking in the classified there doesn’t seem to be an awful lot of stock in the franchise network.
Most of the stock seems to be at the two Parks franchises Glasgow and Leeds. But their finance is an eye watering 10% apr, meaning dealer commissions of £25k and above. So maybe that’s why they still have so many.
My local dealer concerned they aren’t getting cars in. Mclaren have stopped supplying Euro market pretty much at present. That’s why most of the dealer demonstrators have long gone. Hasn’t had any effect on prices yet of course. Maybe it won’t.
Woozle said:
That car was quite a basic spec. But sold in the week. I think it was a shrewd buy for someone. The carbon is really an aesthetic choice. Though a lot of people don’t like the leather interiors.
Just looking in the classified there doesn’t seem to be an awful lot of stock in the franchise network.
Most of the stock seems to be at the two Parks franchises Glasgow and Leeds. But their finance is an eye watering 10% apr, meaning dealer commissions of £25k and above. So maybe that’s why they still have so many.
My local dealer concerned they aren’t getting cars in. Mclaren have stopped supplying Euro market pretty much at present. That’s why most of the dealer demonstrators have long gone. Hasn’t had any effect on prices yet of course. Maybe it won’t.
How do you work out a dealer finance commission of 25k on a 160k carJust looking in the classified there doesn’t seem to be an awful lot of stock in the franchise network.
Most of the stock seems to be at the two Parks franchises Glasgow and Leeds. But their finance is an eye watering 10% apr, meaning dealer commissions of £25k and above. So maybe that’s why they still have so many.
My local dealer concerned they aren’t getting cars in. Mclaren have stopped supplying Euro market pretty much at present. That’s why most of the dealer demonstrators have long gone. Hasn’t had any effect on prices yet of course. Maybe it won’t.
There spread on that deal is probably 1.5-2.0% max so after 10% deposit and financed balance of £144k that would equate to finance commission of circa £2880 per annum less any early settlement
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