Decided not to buy

Decided not to buy

Author
Discussion

cypriot

383 posts

57 months

Wednesday 25th March
quotequote all
I can see where you are coming from OP. However I would argue that the reason for your feelings towards your ferrari were more economically motivated in that you probably couldn't really afford to have a £10k+ bill when you were younger. (I am making an assumption here, not a judgement, so please correct me if I am wrong.) I assume this based on your comment about the cars you owned later where you say that even if they did have problems, they would be relatively inexpensive to fix.

In order to get away from that fear, then I would say a mclaren is actually the perfect supercar for you. Seriously, go pick up a 570s for 80k or less and slap a warranty on it. Yes, a warranty is expensive, however no other comparable supercar is close to 80k, so adding in the cost of the warranty even over 3 years (90k in total) still makes the 570s a fantastic deal. And with warrant, you will not have the concern of any scary bills.

As others have said, it is very rare to be left stranded at the side of the road, so it is really only niggles you will be dealing with. Hope that helps.

ANOpax

249 posts

124 months

Wednesday 25th March
quotequote all
I have no skin in this game as I don’t own a McLaren, haven’t owned a McLaren but wouldn’t mind owning one.

I have a Ferrari history though and the warranty question arises with those all the time so McLaren is no exception.

What I find fascinating is the ‘I’d never own one without a warranty’ comments. The warranty is simply an insurance scheme. The manufacturer is making money out of the insurance scheme. Ergo, the McLaren cars can’t be as unreliable as the internet would have you believe. If they were, McLaren would be losing money on their insurance scheme. If you can afford to self insure, you should do so. Paying more for the insurer (McLaren in this case) to take the risk seems daft.

I’ve noticed that most long term Ferrari owners eschew the warranty as well.

r o n n i e

114 posts

134 months

Wednesday 25th March
quotequote all
I decided not to buy milk and bread today (not worth the perceived risk).

RSbandit

1,249 posts

90 months

Wednesday 25th March
quotequote all
So I've had my 2016 570s for 3 months now covered 2k miles in that time car still had some extended warranty which was transferred to me when I bought it. Under that warranty I had the fobs replaced as the spare wasnt working and they only do them in pairs, rear ball joint had slight play in it that was replaced too. I renewed the warranty last month and since then my dab tuner has packed it in and the car is currently having that replaced, I'd say all told warranty work so far is pushing £2k. These issues were more niggles than anything serious and certainly didn't stop me enjoying the car which is tremendous by the way. I always run a new car under warranty for the first year I own it anyway after that I have always gone without. Let's see how this yr goes if no more issues arise then I'll be down some money by having the warranty but that's the tradeoff.

12pack

1,127 posts

126 months

Wednesday 25th March
quotequote all
ANOpax said:
I have no skin in this game as I don’t own a McLaren, haven’t owned a McLaren but wouldn’t mind owning one.

I have a Ferrari history though and the warranty question arises with those all the time so McLaren is no exception.

What I find fascinating is the ‘I’d never own one without a warranty’ comments. The warranty is simply an insurance scheme. The manufacturer is making money out of the insurance scheme. Ergo, the McLaren cars can’t be as unreliable as the internet would have you believe. If they were, McLaren would be losing money on their insurance scheme. If you can afford to self insure, you should do so. Paying more for the insurer (McLaren in this case) to take the risk seems daft.

I’ve noticed that most long term Ferrari owners eschew the warranty as well.
Well put - you consider the warranty as part of your “business case” (aka, Man Maths) while purchasing which includes peace of mind and what you can afford. In my case, my Mac is so much of a value given the driving pleasure compared to the other lumps, and that the warranty seems like an insignificant additional price to pay.

ghost83

4,047 posts

148 months

Wednesday 25th March
quotequote all
If you buy from a dealer I’m sure they chuck in a 1-2yr warranty anyway so wouldn’t worry, enjoy it for 2 yrs then either sell or buy another yrs warranty

Be under no illusion supercar ownership isn’t particularly cheap, when I was looking at other brands mainly Lamborghini I was told on here to have a £15k slush fund set aside!

That in effect is 3yrs worth of warranty on a Mclaren, I don’t particularly see the issue

I bet my old 2016 golf gti pp had more problems than most McLarens, in the last year before I sold it I covered 1000 miles because it was always at the dealers for bushes and leaks and other stuff

sone

4,468 posts

196 months

Wednesday 25th March
quotequote all
Again no skin in the game but I have had 6 Ferrari’s, 5 lambo’s 5 or more Porsche’s from memory total problems between them all. 360 engine re-build and I think ball joints on my 997 Gt3.
All relatively new cars but I wouldn’t dream of owning one without a warranty. The thought of a gearbox or engine letting go would keep me awake at night.
Also interestingly I’ve had very very few niggles with them and actually driven them regularly min of 8k a year.

Lee Jones Jnr

523 posts

128 months

Wednesday 25th March
quotequote all
What was the point of the original post?
All cars can have issues, the higher the cost of the car, the higher the cost of problems are likely to be.
The more expensive the car, the more expensive the warranty for POM.

xcentric

467 posts

177 months

Wednesday 25th March
quotequote all
The Surveyor said:
scratchchin
DON'T keep touching your face.....

willy wombat

478 posts

106 months

Wednesday 25th March
quotequote all
If you can’t afford to run a supercar, don’t buy one. Simples.

Ferruccio

1,317 posts

77 months

Wednesday 25th March
quotequote all
A wise and wealthy man once said to me “never insure a risk that you can afford.”
Because obviously the insurer is expecting to make a nice profit.

132

422 posts

221 months

Thursday 26th March
quotequote all
cgt2 said:
Which Ferrari did you have? I owned my first at 24 and I knew the maintenance would be costly and they certainly didn't have the best reputation for reliability in those days. I was always playing Russian Roulette with a £10k bill but got away with it for many years. 20 years on however I have far less tolerance for unreliable cars that are painful to own so I think I've changed to be far more risk averse.

Edited by cgt2 on Tuesday 24th March 20:06
That is a mirror of my experience, except it was a Lambo. The thought alone of the risks I took, now make me shudder laugh

Ferruccio

1,317 posts

77 months

Thursday 26th March
quotequote all
132 said:
cgt2 said:
Which Ferrari did you have? I owned my first at 24 and I knew the maintenance would be costly and they certainly didn't have the best reputation for reliability in those days. I was always playing Russian Roulette with a £10k bill but got away with it for many years. 20 years on however I have far less tolerance for unreliable cars that are painful to own so I think I've changed to be far more risk averse.

Edited by cgt2 on Tuesday 24th March 20:06
That is a mirror of my experience, except it was a Lambo. The thought alone of the risks I took, now make me shudder laugh
Bought my first Lambo in 1987, aged 25, 50/50 with a mate, just before the stock market crash.
As a result, he couldn’t pay me his half for awhile.
I had to raid my big bottle full of copper coins to eat that week.
I’ve still got that car.
That’s all part of the joy of being in your 20’s..............

lingus75

1,614 posts

180 months

Thursday 26th March
quotequote all
Ferruccio said:
A wise and wealthy man once said to me “never insure a risk that you can afford.”
Because obviously the insurer is expecting to make a nice profit.
I think I spoke to his brother who told me ‘only insure the things you can’t afford to replace’ smile

It really is good advice and something I have kept too.

AndrewD

7,173 posts

242 months

Saturday 28th March
quotequote all
The OP is deluded and on a wind up.

“...cars should be perfect and 100% reliable...”

Aaaanyway, literally who cares? rofl

IMI A

8,005 posts

159 months

Saturday 28th March
quotequote all
AndrewD said:
The OP is deluded and on a wind up.

“...cars should be perfect and 100% reliable...”

Aaaanyway, literally who cares? rofl
Pilots tend to be perfectionists especially when it comes to their hardware - hazard of the job smile

LAM80W

808 posts

150 months

Saturday 28th March
quotequote all
Drl22 said:
I wouldn’t run any modern supercar from any brand out of warranty, they are far too complex and expensive to fix. It’s piece of mind.
I agree, here is my first Performante after dropping a valve and damaging the engine beyond economical repair after just 1200 miles, it was 4 months old, dealer replaced the car which was awesome.

I also wouldn’t run the risk of running a super car out of warranty.

There was one positive- the new car I was allowed to change the seats from the carbon buckets to comfort seats haha.





Edited by LAM80W on Saturday 28th March 16:53

the av8er

Original Poster:

75 posts

81 months

Saturday 28th March
quotequote all
RSbandit said:
So I've had my 2016 570s for 3 months now covered 2k miles in that time car still had some extended warranty which was transferred to me when I bought it. Under that warranty I had the fobs replaced as the spare wasnt working and they only do them in pairs, rear ball joint had slight play in it that was replaced too. I renewed the warranty last month and since then my dab tuner has packed it in and the car is currently having that replaced, I'd say all told warranty work so far is pushing £2k. These issues were more niggles than anything serious and certainly didn't stop me enjoying the car which is tremendous by the way. I always run a new car under warranty for the first year I own it anyway after that I have always gone without. Let's see how this yr goes if no more issues arise then I'll be down some money by having the warranty but that's the tradeoff.
So.... After just 3 months of new ownership and 2000 miles. This car has needed £2000 worth of repair work. The new owner is totting up weather his warranty purchase cost more or less than the repairs.

I would be more focused on the fact that these faults had occurred in the first place and the aggravation of having to get them sorted plus being without my car !! After all .... IT'S A £150000 CAR !!

These problems seem to be the norm. Some of you talk as though these things simply don't happen, while others act as if this is perfectly acceptable. WELL IT'S NOT !!

In this day and age , these things are simply not acceptable. When will you lot wake up !! And start complaining.

If you booked a luxury holiday or made any other quality purchase, you'd be the first to complain if something went wrong or was faulty.

HighwayStar

3,047 posts

102 months

Saturday 28th March
quotequote all
the av8er said:
RSbandit said:
So I've had my 2016 570s for 3 months now covered 2k miles in that time car still had some extended warranty which was transferred to me when I bought it. Under that warranty I had the fobs replaced as the spare wasnt working and they only do them in pairs, rear ball joint had slight play in it that was replaced too. I renewed the warranty last month and since then my dab tuner has packed it in and the car is currently having that replaced, I'd say all told warranty work so far is pushing £2k. These issues were more niggles than anything serious and certainly didn't stop me enjoying the car which is tremendous by the way. I always run a new car under warranty for the first year I own it anyway after that I have always gone without. Let's see how this yr goes if no more issues arise then I'll be down some money by having the warranty but that's the tradeoff.
So.... After just 3 months of new ownership and 2000 miles. This car has needed £2000 worth of repair work. The new owner is totting up weather his warranty purchase cost more or less than the repairs.

I would be more focused on the fact that these faults had occurred in the first place and the aggravation of having to get them sorted plus being without my car !! After all .... IT'S A £150000 CAR !!

These problems seem to be the norm. Some of you talk as though these things simply don't happen, while others act as if this is perfectly acceptable. WELL IT'S NOT !!

In this day and age , these things are simply not acceptable. When will you lot wake up !! And start complaining.

If you booked a luxury holiday or made any other quality purchase, you'd be the first to complain if something went wrong or was faulty.
What’s was it you said... you expect 100% reliable. That would be fabulous but seriously unrealistic. Which companies have high end products so reliable, 100% reliable, that they sell them with no warranty/guarantee?
Looking above Lamborghini must be proper ste wink (not my belief)

sone

4,468 posts

196 months

Saturday 28th March
quotequote all
HighwayStar said:
the av8er said:
RSbandit said:
So I've had my 2016 570s for 3 months now covered 2k miles in that time car still had some extended warranty which was transferred to me when I bought it. Under that warranty I had the fobs replaced as the spare wasnt working and they only do them in pairs, rear ball joint had slight play in it that was replaced too. I renewed the warranty last month and since then my dab tuner has packed it in and the car is currently having that replaced, I'd say all told warranty work so far is pushing £2k. These issues were more niggles than anything serious and certainly didn't stop me enjoying the car which is tremendous by the way. I always run a new car under warranty for the first year I own it anyway after that I have always gone without. Let's see how this yr goes if no more issues arise then I'll be down some money by having the warranty but that's the tradeoff.
So.... After just 3 months of new ownership and 2000 miles. This car has needed £2000 worth of repair work. The new owner is totting up weather his warranty purchase cost more or less than the repairs.

I would be more focused on the fact that these faults had occurred in the first place and the aggravation of having to get them sorted plus being without my car !! After all .... IT'S A £150000 CAR !!

These problems seem to be the norm. Some of you talk as though these things simply don't happen, while others act as if this is perfectly acceptable. WELL IT'S NOT !!

In this day and age , these things are simply not acceptable. When will you lot wake up !! And start complaining.

If you booked a luxury holiday or made any other quality purchase, you'd be the first to complain if something went wrong or was faulty.
What’s was it you said... you expect 100% reliable. That would be fabulous but seriously unrealistic. Which companies have high end products so reliable, 100% reliable, that they sell them with no warranty/guarantee?
Looking above Lamborghini must be proper ste wink (not my belief)
I don’t believe it’s unrealistic at all, I listed super cars that I’ve owned over the last probably 12 years or so earlier on. Doing at least 6k miles a year in each of them and quite often running two at once I reckon I’ve been without my cars for no more than 3-4 weeks in total between them. If I kept having niggles it’d be gone. Reminds me of the old Tvr days when we’d forgive the cars anything, difference was they cost a lot lot less!