So what is TGE's problem with Mclaren?

[ChrisW.]

To be fair the very expensive gearbox issue that I experienced on a 12C was a long time ago.

I'd like to believe that they have changed.

And I agree that if you buy an expensive car you should expect proportionate depreciation.

My question still with McLaren, is what depreciation should you normally expect ?

What would a 2018 600LT at £125k be expected to cost per annum ?

Servicing / extended warranty / all accepted.

[KevF]

mat205125 said:

What's TGE??

Youtuber who drove the Ikea spec Ferrari Pista

[mk1coopers]

ChrisW. said:

To be fair the very expensive gearbox issue that I experienced on a 12C was a long time ago.

I'd like to believe that they have changed.

And I agree that if you buy an expensive car you should expect proportionate depreciation.

My question still with McLaren, is what depreciation should you normally expect ?

What would a 2018 600LT at £125k be expected to cost per annum ?

Servicing / extended warranty / all accepted.

I did some calculations last year to see if moving things on to replace them with a McLaren would be possible (allowing for some man maths to make it work) although the purchase price was achievable and depreciation was not really a factor as it would be a car that would be kept long term, plus I'm a firm believer in buying what you want because you want to own 'it' (what ever it is) and enjoy it (that's the "value' I get from things) allows a lot of flexibility to accept the costs.

I came to the conclusion that I couldn't afford to run it comfortably enough to really enjoy it as a minimum fund for insurance / fuel / tax / servicing / consumable / warranty (once what ever you had as part of the purchase deal expired) would be £10K a year, £15K was probably a more suitable number to put aside to really not worry about the 'what ifs'. Still I know know roughly what it would take to make it happen so I have a goal to work to (even if the posts are moving around as time goes on )

I know what it costs to run what I currently have, would any owners care to comment on the numbers above, am I way off or about right ?

[anonymous-user]

mk1coopers said:

I did some calculations last year to see if moving things on to replace them with a McLaren would be possible (allowing for some man maths to make it work) although the purchase price was achievable and depreciation was not really a factor as it would be a car that would be kept long term, plus I'm a firm believer in buying what you want because you want to own 'it' (what ever it is) and enjoy it (that's the "value' I get from things) allows a lot of flexibility to accept the costs.

I came to the conclusion that I couldn't afford to run it comfortably enough to really enjoy it as a minimum fund for insurance / fuel / tax / servicing / consumable / warranty (once what ever you had as part of the purchase deal expired) would be £10K a year, £15K was probably a more suitable number to put aside to really not worry about the 'what ifs'. Still I know know roughly what it would take to make it happen so I have a goal to work to (even if the posts are moving around as time goes on )

I know what it costs to run what I currently have, would any owners care to comment on the numbers above, am I way off or about right ?

Way off.

2019 720S here.

Fuel costs = no different to any other high performance car. You could get 25mpg if careful, but I get roughly 18mpg due to heavy right foot
Consumables (tyres) = Pirelli P0. Shop around and can be purchased for less than £900.00. Normal road driving should return at least 15K miles.
Consumables (brake pads) = Haven’t had to change mine yet and still have plenty of meat left on them after 11K miles.
Consumables (brake discs) = Carbon Ceramic. probably won’t need changing for quite some time. May not even need changing under normal road driving conditions.
Servicing = circa £1.2K PA. can be done for less if you supply own oil and shop around
Insurance = £600.00 PA. 8K miles PA. fully comp. 4 points. 52 years old. £600.00 excess. Admiral Insurance.
Warranty = £3250.00 PA with Thorney. I have warranty with McLaren due to 2019 car / still within 3 year period.
Road Tax = whatever it is at the time, say £550.00.

Once you’ve amortised consumables over 3 years / 15k miles, the costs of running a McLaren isn’t as scary as what some people seem to think. Most of the costs are swallowed up by warranty, whilst the rest is just ‘normal’ for any other high performance vehicle.

How much does your current vehicle cost to run?

[davek_964]

A minimum of £10k and probably £15k a year???? I sure as hell wouldn't own mine if that was the case!

Warranty is the big one of your choose to renew it but then it covers most unexpected expenses. Servicing is very reasonable - my last service was £1,250 which was £1,100 for the service and a couple of minor things on top.

[mk1coopers]

This is great info, makes it much more affordable real world, (that’s why I asked if I was way off or not, I was allowing 1K for tyres, 1.5 for servicing, 1 for insurance 3 for warranty 1 for fuel, 1 for initial detailing .50 for tax and 1 as a contingency) at the moment there are 6 cars to run, (2 Daily’s and 4 for fun), it’s the 4 for fun that could go to fund a McLaren , thing is as they are all older classic cars they have very little real running costs, they get me the odd invite to nice events (remember them) and between them I’m probably only spending 1.5K a year on everything (maintain them myself) to run them all, even at 5K it’s additional cash that is probably better off elsewhere at the moment, great that the goal just got a bit closer when circumstances permit though

Edited by mk1coopers on Saturday 23 January 13:44

[Juno]

Cheib said:

I watched about 10 mins of one of his videos once....fair play to him if he's making a success of it but my takeaway was he's not really into the car as a car and looking at his list of videos there doesn't seem to be much about actually doing anything in his cars. All about buying and selling and tarting up.

Not my bag...but then I am sure I am not his target audience. Harry's Garage is much more my kind of content

+1

[Boshly]

mk1coopers said:

This is great info, makes it much more affordable real world, (that’s why I asked if I was way off or not, I was allowing 1K for tyres, 1.5 for servicing, 1 for insurance 3 for warranty 1 for fuel, 1 for initial detailing .50 for tax and 1 as a contingency) at the moment there are 6 cars to run, (2 Daily’s and 4 for fun), it’s the 4 for fun that could go to fund a McLaren , thing is as they are all older classic cars they have very little real running costs, they get me the odd invite to nice events (remember them) and between them I’m probably only spending 1.5K a year on everything (maintain them myself) to run them all, even at 5K it’s additional cash that is probably better off elsewhere at the moment, great that the goal just got a bit closer when circumstances permit though

Edited by mk1coopers on Saturday 23 January 13:44

I’ve owned my 650 for over 5 years now. Warranty cost for the 5 years (£0,£0,£4K,£4K,£5k). Averaged at £2700 pa £5k going forward though I will now self insure as £5k pa allows for a bit of fettling and my car has been super reliable.
£450 pa insurance
Fuel over the 4/5k mile’s pa I drive is negligible.
Tax £480 pa
Service between £900 and £1400 pa

Going forward I reckon it’ll cost £4700 pa if I allow 50% of warranty cost fir niggles - or £5000 pa if I go fir Thorney warranty or £7200 if I go full McLaren warranty.

These are proper owners costs (like the above) not “someone on the internet said” costs

I help run the official McLaren Uk owners club and can assure you there are far more satisfied members than not; though of course issues do occur. I can also assure you that we have direct contact with the key personnel in the factory and if a dealer is not stepping up to mark or a customer is feeling aggrieved 9/10 they will step in.

As for TGE .... not sure I’m allowed to say what I’d like and the two phrases that come to mind are “two sides to every story” and “entitled”
In

[Boshly]

Ferruccio said:

TP321 said:

Exactly - well said. Just a child who tried to play the early flipper game and lost. Grow up man and grow some b#lls

Trolling people you’ve never met or spoken to; who needs to grow up and grow some balls?
Talk to him; get the facts; say it to his face.
All this judgemental garbage on the internet is a pernicious, destructive, disease.

He’s been a judge at Salon Prive - have the Bagley’s asked you?

You say “All this judgmental garbage on the internet is a pernicious, destructive disease” ...... ........ and said without a hint of irony .... whilst at the same time defending a YT ‘influencer’, who uses “judge mental garbage on the internet”

And I have no knowledge of the Bagleys either but if you ‘really’ think he is selected as a judge for anything other than marketing then you’re a tad deluded IMHO of course.

It’s lovely that you wish to defend him and believe in him (and as such I presume you know him) but the reality is that many sensible people do not agree with you (or him) and see some of his antics as childish and immature.

Edited by Boshly on Saturday 23 January 18:42

[Drclarke]

Boshly said:

“All this judgmental garbage on the internet is a pernicious, destructive disease” .... without a hint of irony :O whilst defending a YT ‘influencer’, who uses “judge mental garbage on the internet”

And I have no knowledge of the Bagleys either but if you ‘really’ think he is selected as a judge for anything other than marketing then you’re a tad deluded IMHO of course.

It’s lovely that you wish to defend him and believe in him (and as such I presume you know him) but the reality is that many sensible people do not agree with you (or him) and see some of his antics as childish and immature.

I couldn’t agree more.

[Targarama]

I guess through his actions he has managed to un-invite himself to future McLaren press events while his Youtube peers lap up the hospitality. Thus negative attitude to the brand.

[crimbo]

I enjoy most his videos and love the banter.

[mk1coopers]

Boshly said:

Going forward I reckon it’ll cost £4700 pa if I allow 50% of warranty cost fir niggles - or £5000 pa if I go fir Thorney warranty or £7200 if I go full McLaren warranty.

These are proper owners costs (like the above) not “someone on the internet said” costs

Really helpful, thank you for taking the time to reply, when this happens I want to be able to run and enjoy the car with enough of a margin not to worry about anything unexpected, real world figures will go along way to getting to the point where it's achievable, I've seen to many nice cars (all brands) over my time ruined by being run by people that can afford to buy them but not look after them properly

[Boshly]

mk1coopers said:

Boshly said:

Going forward I reckon it’ll cost £4700 pa if I allow 50% of warranty cost fir niggles - or £5000 pa if I go fir Thorney warranty or £7200 if I go full McLaren warranty.

These are proper owners costs (like the above) not “someone on the internet said” costs

Really helpful, thank you for taking the time to reply, when this happens I want to be able to run and enjoy the car with enough of a margin not to worry about anything unexpected, real world figures will go along way to getting to the point where it's achievable, I've seen to many nice cars (all brands) over my time ruined by being run by people that can afford to buy them but not look after them properly

No worries and good luck