Would you buy a 'high mile' 720s?
Discussion
mOrtt said:
Davyt said:
Do t forget £7200 CC fees to pay by buyer and its crying out for its Big 6th year service, being sold by a Ferrari main dealer so probably been a px.
And no warranty if it's been sold or P/X to a non-McLaren dealer? So it would need an inspection, any issues rectifying and then a warranty putting on…not cheap! Or run an early 720s without a warranty 
I bought a high mileage 600LT spider last year but as it was under warranty, had just been serviced & inspected and had some warranty work undertaken as well as a new windscreen fitted, the quality of it was unquestionable so I didn't hesitate to buy it.
There will be similar 720s's out there but the one on CC doesn't scream BUY ME with the questions around it for servicing, condition & warranty. If the price is low enough there will always be someone that will take a punt on it, could be a bargain…or a lemon
Some people are instantly put off by mileage, but you can miss out on some very well priced cars that have been well looked after and you don't have to give a thought about using it and adding 5000+ miles a year. But everyone is different, there's no right or wrong, just make sure you buy with your eyes wide open!
There will be similar 720s's out there but the one on CC doesn't scream BUY ME with the questions around it for servicing, condition & warranty. If the price is low enough there will always be someone that will take a punt on it, could be a bargain…or a lemon
Some people are instantly put off by mileage, but you can miss out on some very well priced cars that have been well looked after and you don't have to give a thought about using it and adding 5000+ miles a year. But everyone is different, there's no right or wrong, just make sure you buy with your eyes wide open!
murphyaj said:
Plus, if you get there and discover something is off so decide not to buy it, you still have to fork out the £7200.
Certainly buying on an auction is always fraught with dangers but particularly more so when you’ve just forked out an unrefundable £7,200 blindly Should never ever bid unless seen vehicle in person.
However if there is manufacturers warranty left you will have some protection but no consumer protection from CC
Edited by Rocketreid on Monday 22 January 16:17
mOrtt said:
And no warranty if it's been sold or P/X to a non-McLaren dealer? So it would need an inspection, any issues rectifying and then a warranty putting on…not cheap! Or run an early 720s without a warranty
Car now at £106500,,,, Pre warranty inspection plus 12 months extended warranty is £5281 from Mclaren on a car with lapsed warranty and over 5 years old ( that’s with nothing needing doing) need to factor this in, would be cheaper going Thorney route if this is how you’d like to play it, so with that and the 5th year service the car is already at £120K on an auction site, where are them £80K 720s cars gone now ??Edited by Davyt on Monday 22 January 17:03
Davyt said:
Well made £113K with reserve not met, that’s over £120K for buyer, car ready for service and no warranty, obvs paintwork also not covered as over 5 years old,,
I'm amazed, I didn't think it would see 6 figures. Is there some really desirable spec on it I'm not seeing?There are plenty of reputable places out there selling cars a year older for the same money. By the time you've sorted the Service and Warranty you're only about £10k short of a 2019 one from Thorney, and that £10k could easily be eaten up on the Auction car getting it Warranty ready.
And the Thorney one's red, so it's faster
ex-devonpaul said:
I'm amazed, I didn't think it would see 6 figures. Is there some really desirable spec on it I'm not seeing?
There are plenty of reputable places out there selling cars a year older for the same money. By the time you've sorted the Service and Warranty you're only about £10k short of a 2019 one from Thorney, and that £10k could easily be eaten up on the Auction car getting it Warranty ready.
And the Thorney one's red, so it's faster
Would be about the same price as the Thorney car if you went Mclaren route for service and Warranty, and as you say that’s providing everything ok with it … I suppose mileage is low which maybe tempting some people even if it is a 2018 ( 67 plate) Red tick car?There are plenty of reputable places out there selling cars a year older for the same money. By the time you've sorted the Service and Warranty you're only about £10k short of a 2019 one from Thorney, and that £10k could easily be eaten up on the Auction car getting it Warranty ready.
And the Thorney one's red, so it's faster
Edited by Davyt on Tuesday 23 January 11:20
ex-devonpaul said:
Davyt said:
Well made £113K with reserve not met, that’s over £120K for buyer, car ready for service and no warranty, obvs paintwork also not covered as over 5 years old,,
I'm amazed, I didn't think it would see 6 figures. Is there some really desirable spec on it I'm not seeing?There are plenty of reputable places out there selling cars a year older for the same money. By the time you've sorted the Service and Warranty you're only about £10k short of a 2019 one from Thorney, and that £10k could easily be eaten up on the Auction car getting it Warranty ready.
And the Thorney one's red, so it's faster
What staggers me is it didnt meet the reserve, you would think they would be pleased to get shot of it at over £100k
Im not particularly fond of Meridian, ive always found them incredibly arrogant.
Can CC be a bit like ebay with "friends" putting in bids to bump up the price? Maybe they had some dealer mates bumping it up, wouldnt surprise me.
av185 said:
Quite bizarre to look at the remarkably low sale price of this mint 18 18 720S Perf sold on CC almost 4 years ago. A proper car and proper Covid bargain at the time for sure.
This was within a couple of weeks of the worst time re uncertainty of covid so if you were brave you got a bargain!Purso said:
av185 said:
This was within a couple of weeks of the worst time re uncertainty of covid so if you were brave you got a bargain!
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