19 plate 720S for £160k

19 plate 720S for £160k

Author
Discussion

rich12

Original Poster:

3,461 posts

153 months

Friday 10th January 2020
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Back up on AT now. Sale fallen through perhaps?


JiggyJaggy

1,449 posts

139 months

Friday 10th January 2020
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Whats the price on it?

interstellar

3,230 posts

145 months

Friday 10th January 2020
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159k


Cheib

23,112 posts

174 months

Saturday 11th January 2020
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Nothing to do wit this thread really but an add just popped up on my PH home pace for a US car dealer for some reason....McLaren Charlotte...so I clicked on it and looked at the inventory, fk me ! 50 McLafen’s in stock of which a mere 25 are 720s’s ! And just the 13 600 LT’s....

Wouldn’t it be great to have that much choice in this country !

https://www.charlottemclaren.com/all-inventory/?ma...


Jonny TVR

4,533 posts

280 months

Wednesday 22nd January 2020
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Mclaren are discreetly dumping stock.

Trikster

818 posts

201 months

Wednesday 22nd January 2020
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I wonder if I can convince my wife to postpone the work on the house so I can get one of these now - are any specified with dressing room and en-suite? smile

MDL111

6,895 posts

176 months

Wednesday 22nd January 2020
quotequote all
Cheib said:
Nothing to do wit this thread really but an add just popped up on my PH home pace for a US car dealer for some reason....McLaren Charlotte...so I clicked on it and looked at the inventory, fk me ! 50 McLafen’s in stock of which a mere 25 are 720s’s ! And just the 13 600 LT’s....

Wouldn’t it be great to have that much choice in this country !

https://www.charlottemclaren.com/all-inventory/?ma...
that is a lot of choice for those that don't want to wait for one to be built
also, did not realise Charlotte must be quite a big/wealthy market for so many cars to end up there

justice.

3,681 posts

163 months

Thursday 23rd January 2020
quotequote all
Cheib said:
Nothing to do wit this thread really but an add just popped up on my PH home pace for a US car dealer for some reason....McLaren Charlotte...so I clicked on it and looked at the inventory, fk me ! 50 McLafen’s in stock of which a mere 25 are 720s’s ! And just the 13 600 LT’s....

Wouldn’t it be great to have that much choice in this country !

https://www.charlottemclaren.com/all-inventory/?ma...
A good few 720s in Beverly Hills Mclaren. Mclaren sending a lot of cars to dealers that sold well the year before. One might say, sending a few too many..

Mclaren Beverly Hills

monthefish

20,439 posts

230 months

Friday 7th February 2020
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Saw a nice 720s pop up on my feed being advertised by VVS recently. Couldn't believe they were that cheap.
Then went onto McLarens Used site and see you can get one with 2k miles for sub £150k - that's insane value!

Calculator

743 posts

214 months

Friday 7th February 2020
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Plenty at c£150k. What are those dealers paying for these cars? £120k?

RSbandit

2,590 posts

131 months

Friday 7th February 2020
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20% margin seems pretty punchy from recent
experience of a deal I made in Dec a large indy dealer was working on about 10% margin.

Calculator

743 posts

214 months

Saturday 8th February 2020
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Interesting, thanks. That 10% margin could easily be gone if it takes a few months to shift. Guess a lot must be SOR?

RSbandit

2,590 posts

131 months

Saturday 8th February 2020
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It's v possible main Mclaren dealers look for higher margins as their overheads etc are prob higher than indy dealers, my part exed car was a V12 Vantage S which they gave me 63k for, they had it advertised at 70k within a few days and the car was sold within 10. They had two 570s in stock at the time, the one I bought was the better spec by some way with slightly higher miles but was on for 9k less than the other one which was SOR, the reality is alot of SOR stock is not priced properly hence why it appears some cars are sitting around for a while.

Superleg48

1,524 posts

132 months

Sunday 9th February 2020
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RSbandit said:
It's v possible main Mclaren dealers look for higher margins as their overheads etc are prob higher than indy dealers, my part exed car was a V12 Vantage S which they gave me 63k for, they had it advertised at 70k within a few days and the car was sold within 10. They had two 570s in stock at the time, the one I bought was the better spec by some way with slightly higher miles but was on for 9k less than the other one which was SOR, the reality is alot of SOR stock is not priced properly hence why it appears some cars are sitting around for a while.
This is because in general the selling price for SOR cars is ultimately determined by the owner, who in general always believe their cars are worth more than they are. Whereas a dealer that owns stock is more likely to have a more realistic view of what the right price should be, especially as he/she has cash tied up in the asset which he/she needs to liquidate to make his/her business work. SOR cars can sit on the market for ages while the owner wallows in denial and the dealer is under no real pressure and can add it to his advertised inventory to draw attention to his other stock from it.

Disclaimer: there are some owners who do put their cars on SOR at realistic prices. Apparently.

Racer26

75 posts

76 months

Monday 10th February 2020
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Can anyone explain the main differences between:
1.Std
2.Luxury
3.Performance
Many thanks

Desert Dragon

1,445 posts

83 months

Monday 10th February 2020
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Superleg48 said:
RSbandit said:
It's v possible main Mclaren dealers look for higher margins as their overheads etc are prob higher than indy dealers, my part exed car was a V12 Vantage S which they gave me 63k for, they had it advertised at 70k within a few days and the car was sold within 10. They had two 570s in stock at the time, the one I bought was the better spec by some way with slightly higher miles but was on for 9k less than the other one which was SOR, the reality is alot of SOR stock is not priced properly hence why it appears some cars are sitting around for a while.
This is because in general the selling price for SOR cars is ultimately determined by the owner, who in general always believe their cars are worth more than they are. Whereas a dealer that owns stock is more likely to have a more realistic view of what the right price should be, especially as he/she has cash tied up in the asset which he/she needs to liquidate to make his/her business work. SOR cars can sit on the market for ages while the owner wallows in denial and the dealer is under no real pressure and can add it to his advertised inventory to draw attention to his other stock from it.

Disclaimer: there are some owners who do put their cars on SOR at realistic prices. Apparently.
One could argue that majority of 720s coupe and 600 LT stock is effectively SOR. Historically Mcl were building cars without orders (and still are just not as many) and warehousing them in lock ups. We are talking about old new unregistered 40-50 cars and that's just the UK. They're not even in the classifieds as they want to sell their used 2017, 18 and 19 plate cars first! What a mess.

HIS LM

1,279 posts

258 months

Monday 10th February 2020
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Desert Dragon said:
One could argue that majority of 720s coupe and 600 LT stock is effectively SOR. Historically Mcl were building cars without orders (and still are just not as many) and warehousing them in lock ups. We are talking about old new unregistered 40-50 cars and that's just the UK. They're not even in the classifieds as they want to sell their used 2017, 18 and 19 plate cars first! What a mess.
Not sure I agree they are effectively SOR who would MCL return them to ?

Ferruccio

1,832 posts

118 months

Tuesday 11th February 2020
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Nice one at Romans for £150k.

Petrus1983

8,521 posts

161 months

Tuesday 11th February 2020
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Ferruccio said:
Nice one at Romans for £150k.
I noticed that this morning - I like everything about it - and 2,500 miles on the clock yikes

PompeyReece

1,485 posts

88 months

Tuesday 11th February 2020
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Racer26 said:
Can anyone explain the main differences between:
1.Std
2.Luxury
3.Performance
Many thanks
From the website.

Specification.Customisation. Simplified.

Introducing special collections of exterior and interior upgrades for your 720S – curated by the McLaren design team. Simply pick from our three individual trim levels. And create a 720S that matches your driving personality. It’s never been easier to add the personal touch to one of our cars.

720S Luxury – for enhanced driving elegance
720S Performance – for an all-out track/sports feel
720S – for the perfect balance between sport and style