Would you buy a 'high mile' 720s?

Would you buy a 'high mile' 720s?

Author
Discussion

JDH1

Original Poster:

1,015 posts

240 months

Saturday 10th October 2020
quotequote all
I've had my attention grabbed by a keenly priced 2018 720s at Alaistair Boles. Nice looking car, nice spec' but 19,000 miles. My past experience is that low miles don't always translate into lack of trouble, particularly where issues with lack of use rear their heads. And you could argue that it should have had all the problems sorted. But this would be a bit of a step up for me.

Thoughts? Talk me out of it.

lemmingjames

7,460 posts

205 months

Saturday 10th October 2020
quotequote all
Buy it

R8Reece

1,495 posts

90 months

Saturday 10th October 2020
quotequote all
Have a view of Thorney’s “5 million miles in McLarens” video on YouTube - that will answer your question.

In summary they’re very reliable cars so yeah, buy it.

650spider

1,476 posts

172 months

Saturday 10th October 2020
quotequote all
JDH1 said:
I've had my attention grabbed by a keenly priced 2018 720s at Alaistair Boles. Nice looking car, nice spec' but 19,000 miles. My past experience is that low miles don't always translate into lack of trouble, particularly where issues with lack of use rear their heads. And you could argue that it should have had all the problems sorted. But this would be a bit of a step up for me.

Thoughts? Talk me out of it.
My 650 spider has just turned 32k miles and it has been mega reliable; these cars work better when they are used rather than sit under a cover.

My guess is any problems shall of been ironed out during them 19k miles and it is most likely a corker; AB wouldn't touch it otherwise.

Might be wrong, but i think the owner is on here.

Get stuck in before someone else does.



justin220

5,345 posts

205 months

Saturday 10th October 2020
quotequote all
Personally I'd actually be more tempted by a higher milage one if it was keenly priced. Two reasons, cheaper will mean you'll lose less, and hopefully any niggles will have been ironed out already.


JDH1

Original Poster:

1,015 posts

240 months

Saturday 10th October 2020
quotequote all
You're not helping!

650spider

1,476 posts

172 months

Saturday 10th October 2020
quotequote all
JDH1 said:
You're not helping!
It has around 6mths of McLaren warranty that in my opinion makes it an even more appealing buy....

Sorry...frown

WilliamWaiver

439 posts

46 months

Saturday 10th October 2020
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Have you not bought it yet ?

Bispal

1,619 posts

152 months

Saturday 10th October 2020
quotequote all
The higher the better, its not a Ferrari ;-)


akadk

1,499 posts

180 months

Saturday 10th October 2020
quotequote all
Miles are no issue
My 12C had 40k on it and was perfect
But expect that £125k to be worth £80k in 3yrs

epom

11,543 posts

162 months

Saturday 10th October 2020
quotequote all
lemmingjames said:
Buy it
Talk me out of he said smile

Crazy4557

674 posts

195 months

Saturday 10th October 2020
quotequote all
I bought a 34k mile 570S last year and you genuinely wouldn't be able to tell it had done the mileage in 3 years. The interior showed no wear at all and it drove perfectly although I hadn't driven a low miler to compare.
I got rid 6 months later at 36k miles and I'd say that selling will be the challenge as most people want low miler's so offers will be much lower as the potential buyer pool will be that much smaller.
I lost £10k on my car when I sold to a trader who then auctioned it and I believe ended up with money back.

JiggyJaggy

1,451 posts

141 months

Saturday 10th October 2020
quotequote all
akadk said:
Miles are no issue
My 12C had 40k on it and was perfect
But expect that £125k to be worth £80k in 3yrs
in 3 years or 1.5 - 2 years?

lemmingjames

7,460 posts

205 months

Saturday 10th October 2020
quotequote all
epom said:
lemmingjames said:
Buy it
Talk me out of he said smile
The op doesn't want to becoming one of those people/poster does he?

akadk

1,499 posts

180 months

Saturday 10th October 2020
quotequote all
JiggyJaggy said:
akadk said:
Miles are no issue
My 12C had 40k on it and was perfect
But expect that £125k to be worth £80k in 3yrs
in 3 years or 1.5 - 2 years?
When it’s 5yrs old

My 40k 12C was £80k at 5yrs
I very nearly bought a 5yr old 650S last month for £80k
No reason the 720 won’t do the same, particularly with high miles.

650spider

1,476 posts

172 months

Saturday 10th October 2020
quotequote all
akadk said:
When it’s 5yrs old

My 40k 12C was £80k at 5yrs
I very nearly bought a 5yr old 650S last month for £80k
No reason the 720 won’t do the same, particularly with high miles.
720s are already 3 yrs+ old and the cheapest advertised is this 'high' mileage one at £125k, after that they are £130k+.

I would be very, very doubtful these shall be at £80k in another 2 years.; mid £90's maybe....

NDA

21,593 posts

226 months

Saturday 10th October 2020
quotequote all
In the real world, 19,000 miles is just about run in. smile

In the rarified air of the Ferrari flipper, anything over 10,000 is beyond reasonable repair....

I jest (a bit), but 19k is really not high mileage for something you might keep a couple of years.

JDH1

Original Poster:

1,015 posts

240 months

Saturday 10th October 2020
quotequote all
Points noted on depreciation. Would you expect to lose more on this than a £150,000 car with 5,000 miles though over 2/3 years?

ferdi p

1,519 posts

173 months

Saturday 10th October 2020
quotequote all
JDH1 said:
Points noted on depreciation. Would you expect to lose more on this than a £150,000 car with 5,000 miles though over 2/3 years?
My car smile

Phenomenal car & only selling as replaced with a spider.

If you can afford a 150k 5k miler then I'd probably go for that, however I can't see my car losing any more in percentage terms than any other 720.

Alistair knows the car & previous owner well, it's been really well looked after & has only ever had a cracked windscreen replaced under warranty.

Personally I think at 125k there's literally nothing out there that can touch it smile

650spider

1,476 posts

172 months

Saturday 10th October 2020
quotequote all
ferdi p said:
My car smile

Phenomenal car & only selling as replaced with a spider.

If you can afford a 150k 5k miler then I'd probably go for that, however I can't see my car losing any more in percentage terms than any other 720.

Alistair knows the car & previous owner well, it's been really well looked after & has only ever had a cracked windscreen replaced under warranty.

Personally I think at 125k there's literally nothing out there that can touch it smile
I thought it was...