675lt on CC

Author
Discussion

PGNSagaris

2,998 posts

174 months

Tuesday 26th November
quotequote all
Wheelspinning said:
It was £162k plus hammer fees on CC, so they paid around £173k.

They had it listed at £205k, the same as the other 675 they currently have for sale, then dropped it very slightly.

They never had it listed at £170k.
Sold for just under £170k with fees. (Max fees are £7200)


Chrisatronic

304 posts

107 months

Wednesday 27th November
quotequote all
165k winning bid I think, be interesting if it reappears in a dealer shortly or someone got a bargain.

Streetbeat

1,096 posts

84 months

Wednesday 27th November
quotequote all
BlackR8 said:
They bought that one for £120k, and then sold it twice. I may be wrong but I think its the same car for sale at McLeeds now for £140kish with 5 owners so its changed hands a few times since then.
Shame it's stacked up so many owners over such a short period of time, you've got to think 5 plus owners is going to start putting people off, especially if they see the timeline of those changes, it's not a good look for any supercar.

mac_daddy

3 posts

1 month

Wednesday 27th November
quotequote all
Wheelspinning said:
They never had it listed at £170k.
It was on Auto Trader for sometime and dipped down to £175k.

I have watched the 675LT market closely for the last year, and saw this car get bought on CC for sub £170k inc fees.

They tried to then sell it for approx £200k, it didn't sell (the original listing could be viewed on CC while they were trying to sell it), and it got reduced all the way down to £175k'ish. It looked like they just wanted to get near enough their money back.

Right before they stuck it back on CC, they removed from AT, upped the price on their website, and removed the old listing from CC.

It looks like putting it back on CC worked fairly well for them.

samoht

6,309 posts

154 months

Wednesday 27th November
quotequote all
schedoni said:
Well given it sold for £162 previously (plus fees, ie £169k) and it’s by all accounts a good example that sets a new price floor in today’s market for similar cars.

Whatever you think of CC and other auctions, they do bring transparency to the market, and it’s ugly at the moment.
The 'conversation' on CC is gone now, but the seller listed the service history, most of the services were some months overdue (the second was 7 months late, probably the latest). No idea if it matters to the car, or to its saleability, but it's not ideal.

Streetbeat

1,096 posts

84 months

Thursday 28th November
quotequote all
samoht said:
No idea if it matters to the car, or to its saleability, but it's not ideal.
As someone who is actively looking for another Mclaren a month or two ish late wouldnt bother me, but 7 months would, especially if a load of miles have been racked up in that time.

Its certainly going to impact the price of any model with a checkered service history and as i have found, a couple of indy sales places are advertising with "full main dealer history" but on further inspection they have not especially when it throws the correct yearly service out of sync......dont take their word for it, check the service record yourself.

MDL111

7,201 posts

185 months

Thursday 28th November
quotequote all
samoht said:
schedoni said:
Well given it sold for £162 previously (plus fees, ie £169k) and it’s by all accounts a good example that sets a new price floor in today’s market for similar cars.

Whatever you think of CC and other auctions, they do bring transparency to the market, and it’s ugly at the moment.
The 'conversation' on CC is gone now, but the seller listed the service history, most of the services were some months overdue (the second was 7 months late, probably the latest). No idea if it matters to the car, or to its saleability, but it's not ideal.
I don't see how a few months have any impact on a car. My cars sometimes do a few hundred miles a year (some do zero), so it has zero impact on the car. UK is ridiculous in that respect, in Germany people do not even stick to the annual servicing on cars if they do not drive them / drive them very little - does not seem to have an impact on value.

Wilmslowboy

4,335 posts

214 months

Thursday 28th November
quotequote all
mac_daddy said:
It was on Auto Trader for sometime and dipped down to £175k.

I have watched the 675LT market closely for the last year, and saw this car get bought on CC for sub £170k inc fees.

They tried to then sell it for approx £200k, it didn't sell (the original listing could be viewed on CC while they were trying to sell it), and it got reduced all the way down to £175k'ish. It looked like they just wanted to get near enough their money back.

Right before they stuck it back on CC, they removed from AT, upped the price on their website, and removed the old listing from CC.

It looks like putting it back on CC worked fairly well for them.
I cann't see it in the sold section.

Bispal

1,723 posts

159 months

Thursday 28th November
quotequote all
Wilmslowboy said:
I cann't see it in the sold section.
It stated 'provisionally sold' at the end, so I assume it didn't quite make reserve, or similar? Not seen that before. There might be some additional negotiating behind the scenes. I thought it make make an excellent JPS tribute car, if done subtlety

.



Edited by Bispal on Thursday 28th November 16:04

Streetbeat

1,096 posts

84 months

Thursday 28th November
quotequote all
MDL111 said:
I don't see how a few months have any impact on a car. My cars sometimes do a few hundred miles a year (some do zero), so it has zero impact on the car. UK is ridiculous in that respect, in Germany people do not even stick to the annual servicing on cars if they do not drive them / drive them very little - does not seem to have an impact on value.
We all know servicing is a rip off, the high quality oils used will last way longer than the annual mileage limits or be fine if not many miles have been covered, brake fluid every 2 years is a joke, hence why a lot of the indys replace only on condition not service necessity etc etc

But, we all know it "should" be done and if the owner of a very expensive supercar cant be bothered to get the service done in a timely fashion, it speaks volumes to me on how they cared/treated the car imho.


mac_daddy

3 posts

1 month

Friday 29th November
quotequote all
Wilmslowboy said:
I cann't see it in the sold section.
I watched the auction and it said 'provisionally sold' at the end, which is what the page says now as well (not allowed to post links, but add this path to the end of the CC website '/for-sale/2015-mclaren-675lt-4'). Presumably the process for sorting final details.



Wheelspinning

1,652 posts

38 months

Friday 29th November
quotequote all
It's been sold and away to McLaren prior to handover.

Wheelspinning

1,652 posts

38 months

Friday 29th November
quotequote all
Wilmslowboy said:
mac_daddy said:
It was on Auto Trader for sometime and dipped down to £175k.

I have watched the 675LT market closely for the last year, and saw this car get bought on CC for sub £170k inc fees.

They tried to then sell it for approx £200k, it didn't sell (the original listing could be viewed on CC while they were trying to sell it), and it got reduced all the way down to £175k'ish. It looked like they just wanted to get near enough their money back.

Right before they stuck it back on CC, they removed from AT, upped the price on their website, and removed the old listing from CC.

It looks like putting it back on CC worked fairly well for them.
I cann't see it in the sold section.
I never seen it for sale at £175k; the black roof scoop is the only one I have seen dip to that price.

Likewise, the VO orange 675 they have has always been around the £205k mark.

Like AB, Scott Hardy are big McLaren fans, and always have a healthy amount for sale and know them inside out; i would put them up there with AB if I was considering buying a mac.

I would suggest if anyone is wanting to get into a 675, between now and end of January is the time and not hold off expecting them to be 600lt money.

The last time the 675 market was like this was the announcement of Covid and the prices dipped like they have for the last 3 or 4 months making them a bargain, the market soon caught up and they were back to being sought after and prices reflected that.

I remember trying to convince myself to buy a VO 675lt spider that was advertised at £180k in June 2020, held off, it was sold then 18months later appeared at AB for sale at £245k and sold in a week.

The F1 and P1 are McLaren grail.

The 675 is next in line and the great ones shall be sought after.

The 675 world is very small, the number of UK cars is tiny, and there are a few 'story' cars out there that have been stuffed either on track or road, modified with catastrophic engine results, 'tasteful' mods to the interior, had a mileage blocker or like the napier spider, an import.

Buy wrong, and it could be very expensive; buy right and like myself, have no issues, no requirement for the McLaren warranty and just yearly services like the one this year for it's 7th birthday that was around £700 at McLaren.

Every single car McLaren have produced is leagues ahead of its peers, and each car a fantastic ownership experience.

However, time shall show that the F1, P1, 675 and Senna shall be the collector cars, and command strong money now and moreover in the future.

Some may pop on here and as before label me as biased and even more bizarrely 'lording' it as I'm a 675 owner and trying to talk the 675 up.

Not the case; i loved my 650 spider and would have another of those in a heartbeat, and likewise, I would love to own a 600lt spider at some point also.

I assumed i would end up in a 765 spider, but I still have not gelled with the design and don't 'love' the looks like you should on whatever car you buy.

The difference in pace with all McLarens are so negligible that it's irrelevant to all but the few; you won't crap yourself any less at the pace on a b road in a 12c than in a 765LT, so it's really all about the design you like and the price ranges that sits best with you.

The 3rd important part is trying to lose the least amount on depreciation as possible, and i personally think buying a 675 now should see it being depreciation free and worth at the very least the same if not more in 2 years time.

I was offered a ton of cash more than I paid 8 months into ownership, and currently it's now hypothetically worth what I paid just before the covid bounce back kicked in.

I have not kept a car as long as my 675, and currently thinking about getting into a 600lt spider as the 'change' itch is there, but really have to stay with McLaren as anything else would be a huge backward step up feel.








MDL111

7,201 posts

185 months

Friday 29th November
quotequote all
Streetbeat said:
MDL111 said:
I don't see how a few months have any impact on a car. My cars sometimes do a few hundred miles a year (some do zero), so it has zero impact on the car. UK is ridiculous in that respect, in Germany people do not even stick to the annual servicing on cars if they do not drive them / drive them very little - does not seem to have an impact on value.
We all know servicing is a rip off, the high quality oils used will last way longer than the annual mileage limits or be fine if not many miles have been covered, brake fluid every 2 years is a joke, hence why a lot of the indys replace only on condition not service necessity etc etc

But, we all know it "should" be done and if the owner of a very expensive supercar cant be bothered to get the service done in a timely fashion, it speaks volumes to me on how they cared/treated the car imho.
I would love to find cars that are serviced annually, but it is just not realistic. I looked at a 550 Barchetta recently and it had like 7 or 8 services on a 20 year old car. It did about 8k km during that time - the Ferrari dealer agreed with me that in theory service should be annual, but their clients just do not do it on cars they get hardly driven. I enquired about a couple of others and they also had about the same number of services - those are half a million cars and people do not seem to care about it - certainly not a discount given due to incomplete service history. So I think your point about it shows how they care about the car is a little wide of the mark.

Edit - just looked it up, even fewer services ... plus one at purchase

09/2002 – 919 KM
01/2005 – 1.661 KM
07/2006 – 1.873 KM
05/2011 – 6.418 KM
07/2018 – 7.647 KM


Edited by MDL111 on Friday 29th November 10:05

Bispal

1,723 posts

159 months

Friday 29th November
quotequote all
Wheelspinning said:
I never seen it for sale at £175k; the black roof scoop is the only one I have seen dip to that price.

Likewise, the VO orange 675 they have has always been around the £205k mark.

Like AB, Scott Hardy are big McLaren fans, and always have a healthy amount for sale and know them inside out; i would put them up there with AB if I was considering buying a mac.

I would suggest if anyone is wanting to get into a 675, between now and end of January is the time and not hold off expecting them to be 600lt money.

The last time the 675 market was like this was the announcement of Covid and the prices dipped like they have for the last 3 or 4 months making them a bargain, the market soon caught up and they were back to being sought after and prices reflected that.

I remember trying to convince myself to buy a VO 675lt spider that was advertised at £180k in June 2020, held off, it was sold then 18months later appeared at AB for sale at £245k and sold in a week.

The F1 and P1 are McLaren grail.

The 675 is next in line and the great ones shall be sought after.

The 675 world is very small, the number of UK cars is tiny, and there are a few 'story' cars out there that have been stuffed either on track or road, modified with catastrophic engine results, 'tasteful' mods to the interior, had a mileage blocker or like the napier spider, an import.

Buy wrong, and it could be very expensive; buy right and like myself, have no issues, no requirement for the McLaren warranty and just yearly services like the one this year for it's 7th birthday that was around £700 at McLaren.

Every single car McLaren have produced is leagues ahead of its peers, and each car a fantastic ownership experience.

However, time shall show that the F1, P1, 675 and Senna shall be the collector cars, and command strong money now and moreover in the future.

Some may pop on here and as before label me as biased and even more bizarrely 'lording' it as I'm a 675 owner and trying to talk the 675 up.

Not the case; i loved my 650 spider and would have another of those in a heartbeat, and likewise, I would love to own a 600lt spider at some point also.

I assumed i would end up in a 765 spider, but I still have not gelled with the design and don't 'love' the looks like you should on whatever car you buy.

The difference in pace with all McLarens are so negligible that it's irrelevant to all but the few; you won't crap yourself any less at the pace on a b road in a 12c than in a 765LT, so it's really all about the design you like and the price ranges that sits best with you.

The 3rd important part is trying to lose the least amount on depreciation as possible, and i personally think buying a 675 now should see it being depreciation free and worth at the very least the same if not more in 2 years time.

I was offered a ton of cash more than I paid 8 months into ownership, and currently it's now hypothetically worth what I paid just before the covid bounce back kicked in.

I have not kept a car as long as my 675, and currently thinking about getting into a 600lt spider as the 'change' itch is there, but really have to stay with McLaren as anything else would be a huge backward step up feel.
Well said and ditto :-)



mac_daddy

3 posts

1 month

Friday 29th November
quotequote all
Wheelspinning said:
I never seen it for sale at £175k; the black roof scoop is the only one I have seen dip to that price.

Likewise, the VO orange 675 they have has always been around the £205k mark.

Like AB, Scott Hardy are big McLaren fans, and always have a healthy amount for sale and know them inside out; i would put them up there with AB if I was considering buying a mac.

I would suggest if anyone is wanting to get into a 675, between now and end of January is the time and not hold off expecting them to be 600lt money.

The last time the 675 market was like this was the announcement of Covid and the prices dipped like they have for the last 3 or 4 months making them a bargain, the market soon caught up and they were back to being sought after and prices reflected that.

I remember trying to convince myself to buy a VO 675lt spider that was advertised at £180k in June 2020, held off, it was sold then 18months later appeared at AB for sale at £245k and sold in a week.

The F1 and P1 are McLaren grail.

The 675 is next in line and the great ones shall be sought after.

The 675 world is very small, the number of UK cars is tiny, and there are a few 'story' cars out there that have been stuffed either on track or road, modified with catastrophic engine results, 'tasteful' mods to the interior, had a mileage blocker or like the napier spider, an import.

Buy wrong, and it could be very expensive; buy right and like myself, have no issues, no requirement for the McLaren warranty and just yearly services like the one this year for it's 7th birthday that was around £700 at McLaren.

Every single car McLaren have produced is leagues ahead of its peers, and each car a fantastic ownership experience.

However, time shall show that the F1, P1, 675 and Senna shall be the collector cars, and command strong money now and moreover in the future.

Some may pop on here and as before label me as biased and even more bizarrely 'lording' it as I'm a 675 owner and trying to talk the 675 up.

Not the case; i loved my 650 spider and would have another of those in a heartbeat, and likewise, I would love to own a 600lt spider at some point also.

I assumed i would end up in a 765 spider, but I still have not gelled with the design and don't 'love' the looks like you should on whatever car you buy.

The difference in pace with all McLarens are so negligible that it's irrelevant to all but the few; you won't crap yourself any less at the pace on a b road in a 12c than in a 765LT, so it's really all about the design you like and the price ranges that sits best with you.

The 3rd important part is trying to lose the least amount on depreciation as possible, and i personally think buying a 675 now should see it being depreciation free and worth at the very least the same if not more in 2 years time.

I was offered a ton of cash more than I paid 8 months into ownership, and currently it's now hypothetically worth what I paid just before the covid bounce back kicked in.

I have not kept a car as long as my 675, and currently thinking about getting into a 600lt spider as the 'change' itch is there, but really have to stay with McLaren as anything else would be a huge backward step up feel.
Nicely said.

Do agree on values, they are limited so will continue to do well. My only worry with purchasing a 675LT is parts. If the wrong parts go wrong, getting hold of the them and the waiting times can be painful is what I have heard.

I'm a former 600LT owner, and highly recommend. I switched to a 720s as I had the change itch as well.

The 600LT is a better 'drivers car' due to the feel of the front-end and the raw, visceral feeling when driving it. Would love to test against a 675LT.

The 720s is incredible though, argubaly a better all-round car than the 600LT in reality, which is kind of why it's also 'not as good' often. It does everything so well, often without the theatre - unless you're on a mission.

Having come from a 600LT I didn't expect the 720s to be that much 'quicker', but it is searingly fast, and way too fast for the road really.

Will likely go for a 765LT next, just gauging depreciation and the right time to buy.

IMHO, the 720s and 600LT are the best value supercars on the market by a distance (yes I am biased).


Dezbo

201 posts

91 months

Saturday 30th November
quotequote all
I think Mclarens are supercar bargains at lots of different price points atm from 650S to 720S and 600LT. Trick is buying the right one with any issues sorted (e.g. anccumulators) or priced in, and properly looked after.

Chris Sideways

431 posts

260 months

Saturday 30th November
quotequote all
I’ve been running with a Senna tribute livery this year on my 675LT as it’s 30 years since the great man left us.



Bispal said:
Wilmslowboy said:
I cann't see it in the sold section.
It stated 'provisionally sold' at the end, so I assume it didn't quite make reserve, or similar? Not seen that before. There might be some additional negotiating behind the scenes. I thought it make make an excellent JPS tribute car, if done subtlety

.



Edited by Bispal on Thursday 28th November 16:04

MDL111

7,201 posts

185 months

Saturday 30th November
quotequote all
That looks great!

IMI A

9,696 posts

209 months

Sunday 1st December
quotequote all
Chris Sideways said:
I’ve been running with a Senna tribute livery this year on my 675LT as it’s 30 years since the great man left us.



Bispal said:
Wilmslowboy said:
I cann't see it in the sold section.
It stated 'provisionally sold' at the end, so I assume it didn't quite make reserve, or similar? Not seen that before. There might be some additional negotiating behind the scenes. I thought it make make an excellent JPS tribute car, if done subtlety

.



Edited by Bispal on Thursday 28th November 16:04
Fabulous. That livery is so iconic and suits the 675 so well.