Senna on Collecting Cars - selling 22nd February 2021

Senna on Collecting Cars - selling 22nd February 2021

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Discussion

CharlesElliott

Original Poster:

1,991 posts

281 months

Monday 15th February 2021
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2018 Senna, Car 202 - 902 miles.

Currently at 450K, but still a week to go

https://collectingcars.com/for-sale/2018-mclaren-s...

Juno

4,481 posts

248 months

Sunday 21st February 2021
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CharlesElliott said:
2018 Senna, Car 202 - 902 miles.

Currently at 450K, but still a week to go

https://collectingcars.com/for-sale/2018-mclaren-s...
,


It looks like they are going to be £550k ish,Clinkard sold one last year with delivery miles in the 500's

xcentric

722 posts

218 months

Sunday 21st February 2021
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seems a very odd place to sell it.....

Cheib

23,110 posts

174 months

Sunday 21st February 2021
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xcentric said:
seems a very odd place to sell it.....
Well if you actually want to sell it I doubt there are many options...I wonder how many dealers would write a cheque for a Senna with a number beginning with 5 on it ?

Of course, the problem is if you don’t sell it at auction then you have a bit of a problem....the whole market knows what it got bid to. You need to put it in the garage for a while before trying to sell it again.

R33FAL

530 posts

167 months

Sunday 21st February 2021
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With a £6k max selling fee I think it's a brilliant place to sell it. Its had 12k+ views.

I bet this website is getting on the nerves of a lot of high-end dealers. What would dealer margin be on a senna? £50k?

CharlesElliott

Original Poster:

1,991 posts

281 months

Sunday 21st February 2021
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Yes - the cost was discussed on a recent Collecting Cars podcast. The point is that the effort to sell a car is basically the same, so the cost should be the same. They are not feeding people champagne and lobster when they collect either.

I am be no means close to Senna prices but I thought they were more in the 800-900K range, so if it does go for 500-600K then that will be a clear signal as to where they actually are!

TP321

1,475 posts

197 months

Sunday 21st February 2021
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So how much were these new?

Smoothound

148 posts

45 months

Sunday 21st February 2021
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TP321 said:
So how much were these new?
According to the blurb this one was £794,635

Juno

4,481 posts

248 months

Sunday 21st February 2021
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R33FAL said:
With a £6k max selling fee I think it's a brilliant place to sell it. Its had 12k+ views.

I bet this website is getting on the nerves of a lot of high-end dealers. What would dealer margin be on a senna? £50k?
I would think they are all on SOR I can't see any dealer having hard cash in one of these,many have been for sale for 2 years or more!

Quick check on the pension fund yikes

subirg

717 posts

275 months

Sunday 21st February 2021
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Regardless of how much it goes for, it’s still the ugliest supercar of all time. Fortunately most hardly get driven so we don’t have to be subjected to its grotesque form too often.

priley

503 posts

187 months

Sunday 21st February 2021
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Yikes! That’s a potentially expensive 900 miles of driving.

CharlesElliott

Original Poster:

1,991 posts

281 months

Sunday 21st February 2021
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It is a rather ugly version of a 720S, and one where the 'upgrades' will not actually be used by 90%+ of the people that have them. Shame.

Cheib

23,110 posts

174 months

Sunday 21st February 2021
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R33FAL said:
With a £6k max selling fee I think it's a brilliant place to sell it. Its had 12k+ views.

I bet this website is getting on the nerves of a lot of high-end dealers. What would dealer margin be on a senna? £50k?
In the Podcast already mentioned Ed Lovett said that the recent Singer sold for more than he had been trying to sell it for before Christmas on International Collectibles (his traditional business).

It really has to be an issue for high end dealers especially those that don’t like writing cheques....I mean why would you put an expensive car on SoR with any dealer and take those risks rather than this ?

How Silverstone Auctions survive in the medium term I have no idea...quarterly auctions, big fees, big overheads ? I just don’t get what they offer over this,

I do think their timing has been brilliant...if you’re in a weak market/prices are on the down then selling your car very publicly via auction isn’t so good if it doesn’t sell.

Ferruccio

1,832 posts

118 months

Sunday 21st February 2021
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Cheib said:
How Silverstone Auctions survive in the medium term I have no idea...quarterly auctions, big fees, big overheads ? I just don’t get what they offer over this,
Depends if you’re the seller or the buyer.

SVJBalboni

478 posts

53 months

Sunday 21st February 2021
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Bassim Haidar is the current highest bidder, wonder if it the same Billionaire Bassim Haidar.

Juno

4,481 posts

248 months

Sunday 21st February 2021
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It’s no reserve so it’s going one way or another

Cheib

23,110 posts

174 months

Sunday 21st February 2021
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Juno said:
It’s no reserve so it’s going one way or another
No reserve at £270k less than it cost less than 1k miles ago. Ouch !!!!

Juno

4,481 posts

248 months

Sunday 21st February 2021
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Cheib said:
Juno said:
It’s no reserve so it’s going one way or another
No reserve at £270k less than it cost less than 1k miles ago. Ouch !!!!
The other 20 or so people who are trying to sell them at 700/800k must be pooing their pants

At sub 600k they are pretty special though

Turbo cab

1,601 posts

231 months

Monday 22nd February 2021
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Juno said:
Cheib said:
Juno said:
It’s no reserve so it’s going one way or another
No reserve at £270k less than it cost less than 1k miles ago. Ouch !!!!
The other 20 or so people who are trying to sell them at 700/800k must be pooing their pants

At sub 600k they are pretty special though
I think the only ones that have sold recently were around the 600k mark, the market just doesn't really support the Senna and premium's, it's way too track focused and at that level there's better cheaper alternatives, for road you would rather have a 720s and a couple of other cars in the garage.

Wonderman

2,223 posts

194 months

Monday 22nd February 2021
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