Mclaren residuals

[justin220]

650spider said:

WilliamWaiver said:

Wolf01 said:

Just wanted add my thoughts on this topic. As a 570s owner who bought new at circa £170k I’m also gutted that after 3 years and 2500 miles the dealers are willing to offer only 80k tops for my car. I thought the market would bottom out at 95k but it still seems in free fall.
So I’ve decided that I will swap out of the car as I don’t think Mclaren will do anything to hold the value of the second hand market and get into a 458 which I hope will give me that pleasure and hold onto some value going forward.

Do you not think you are getting out too late and at the wrong time.
The issue was the list price purchase price.
Can't see your car dropping massively from £80k but 10 year old 458s seem overpriced too me and due a big price correction.
Also the ferrari spread retail to trade is huge.
It was £30k recently on my low mileage 2 owner high spec 430 scuderia against a stock pista
I did tell them I wasn't dropping my trousers for anyone !

I was about to post almost the exact same sentiment.

Agree with the above. You've not actually lost anything until you sell either. Changing to another marque may lose a bit less of that time, but you'll also pay the trade/retail premium aswell. Expensive time to swap IMO

Sell now and you've committed to losing almost £100k for 2.5k miles. Madness.

[Wolf01]

RSbandit said:

I work abroad so this was a car I drive whenever I made it back home. I like many loved the car but then thought is it not better to get a car that will hold value and give same enjoyment. I thought that a 458 being the last of the NA cars and a low miler would be a good long term buy. I can’t see 458 going lower than 100k where as a 570 s may hit 50k

2500 miles in 3 years, sorry to be harsh but what was the point? I've had mine 6 months and am up to 4k...I'd agree that bailing now after you've taken the big hit and crossing the dealer spread to get a Ferrari 458 wouldn't be the move I'd make tbh. Look at it this way the next 3 yrs deprec on the 570S will be a hell of alot less and for God's sake drive the thing! If you really need to scratch the Ferrari itch tho crack on!

[RSbandit]

Will you still be working abroad if you get the 458? If so seems pointless if you're still not gonna drive it much and then 458's will be way more mileage sensitive than the Mclaren. Hard to say where a 570s would bottom out even if they hit 50k I'm not sure that buyers at that price point would have the funds to run them properly. Older V10 R8s seem to have found their level at £50k but with warranty not exactly cheap to run either.

[Ferruccio]

Wolf01 said:

As a 570s owner who bought new at circa £170k I’m also gutted that after 3 years and 2500 miles the dealers are willing to offer only 80k tops for my car.

Buying any car new wouldn’t you expect to loss around half it’s value in the first three years?
Anything better than that, is a pleasant surprise.
That’s why I’ve never bought a car < 2 years old.

[Purso]

my understanding is that industry norm is circa 50% in first 3 years, mean average obviously.