McLaren 12c not selling?

McLaren 12c not selling?

Author
Discussion

baileyconstruct

Original Poster:

239 posts

157 months

Monday 31st December 2012
quotequote all
mpbcs said:
I just spoke to mclaren London and the grey car does not have a sports exhaust but can be retro fit (part of a deal maybe?), and the HS front end is an eye-watering £29k! I don't mind the red interior, as it is a super car after all, and may take a look later in the week. The more I read about the 12c, and having driven one, the more interested I become. The styling is not to everyone's taste but is much less shouty than the 458 and I prefer a little more subtlety (sports exhaust is allowed though ;-) )
Do it and get the sports exhaust and that is a must. I don't think they would throw in the HS front but have a cheeky go lol.

In my opinion, If they would stick a sports on I would probably deal on the dark grey at 149k. I think sports exhaust is a factory fit option of 4k (not sure).

So when you going for a test drive and deal then?

I know what you say about the mac as they are not as in your face as a 458, but that graphite grey one is and does look the business. Like I said the red interior is a lot less in your face in the flesh.

Edited by baileyconstruct on Monday 31st December 10:43

D1ckie

739 posts

191 months

Monday 31st December 2012
quotequote all
Really interesting as was considering an MP4 last week and test drove a Spider.

I was offered a brand new 2012 coupe for £169K, with all 2013 upgrades done, but not a very high spec (not 100% sure on this as still researching). Thats 30K off list which to me means either the coupes will get hit harder when the Spider comes through or that the cars just arent moving!!!

The Spider was a great car but a little emotionless, compared to some of the other cars I've driven. I was also considering a 458 but when you look at the amount for sale this will only hit residules hard and I guess many owners looking to sell theirs now will struggle as there are just too many available.

So the search is still on and the thoughts move to an LP640, although everyone tells me running costs are dangerous.......

APOLO1

5,256 posts

195 months

Monday 31st December 2012
quotequote all
Bit of a weird running period time. A Bugatti Veyron wouldnt be much more over 10 months or 8k miles lol.

Normally people compare running costs for 3 years. IMHO I think you know that this statement is manipulated in favour of mclaren ownership.

Porsche are one, if not the lowest running cost cars in the supercar bracket. Their service is only 500 and I believe are variable servicing intervals. The macca I was told was 1200 to 1800 and it was every 12 months.


Strange comment.

A set of tyres and brakes for Veyron would cost over 25k. I have had my 12c for 8 months so I can only comment on the cost within that time. Having had to replace the tyres and CCB pads once, I can say that the costs are within £20.00 to that of a 997tt.

Interesting that the % losses are tracking almost identical car for car, irrespective of new or used.

mpbcs

301 posts

215 months

Monday 31st December 2012
quotequote all
baileyconstruct said:
mpbcs said:
I just spoke to mclaren London and the grey car does not have a sports exhaust but can be retro fit (part of a deal maybe?), and the HS front end is an eye-watering £29k! I don't mind the red interior, as it is a super car after all, and may take a look later in the week. The more I read about the 12c, and having driven one, the more interested I become. The styling is not to everyone's taste but is much less shouty than the 458 and I prefer a little more subtlety (sports exhaust is allowed though ;-) )
Do it and get the sports exhaust and that is a must. I don't think they would throw in the HS front but have a cheeky go lol.

In my opinion, If they would stick a sports on I would probably deal on the dark grey at 149k. I think sports exhaust is a factory fit option of 4k (not sure).

So when you going for a test drive and deal then?

I know what you say about the mac as they are not as in your face as a 458, but that graphite grey one is and does look the business. Like I said the red interior is a lot less in your face in the flesh.

Edited by baileyconstruct on Monday 31st December 10:43
I think I will take a look later in the week. Asking for the HS front end is pushing it a bit, but I think it will cheapen when the gt3 version comes out as this will probably have it fitted and therefore the production costs will decrease. I think they will be keen to get a deal done so if I like the car I may push for the sports exhaust and a very good PX for mine to save the hassle of a private sale.


baileyconstruct

Original Poster:

239 posts

157 months

Monday 31st December 2012
quotequote all
APOLO1 said:
Bit of a weird running period time. A Bugatti Veyron wouldnt be much more over 10 months or 8k miles lol.

Normally people compare running costs for 3 years. IMHO I think you know that this statement is manipulated in favour of mclaren ownership.

Porsche are one, if not the lowest running cost cars in the supercar bracket. Their service is only 500 and I believe are variable servicing intervals. The macca I was told was 1200 to 1800 and it was every 12 months.


Strange comment.

A set of tyres and brakes for Veyron would cost over 25k. I have had my 12c for 8 months so I can only comment on the cost within that time. Having had to replace the tyres and CCB pads once, I can say that the costs are within £20.00 to that of a 997tt.

Interesting that the % losses are tracking almost identical car for car, irrespective of new or used.
I know a set on a veyron is 20k plus but this is why to appreciate running cost it is best to average over a 3 year period.

Either my maths is bad or I'm not seeing your calculation workings but I believe the following is correct:

Mp4 Grey London one

220k new
145k resale

Depreciation 34% (75k depreciation)

458

220k new
174k resale

Depreciation 20% (46k)

Figures are based on 2011 61plate cars approx 1 year old with 4-5k miles.

Therefore am I missing something???

red_duke

800 posts

182 months

Monday 31st December 2012
quotequote all
baileyconstruct said:
Either my maths is bad or I'm not seeing your calculation workings but I believe the following is correct:

MP4 Grey London one
220k new
145k resale
Depreciation 34% (75k depreciation)
OMG ... That's a depreciation of £15 per mile.

And the over optioned orange car on offer at £205 has depreciated at £48 per mile!

baileyconstruct

Original Poster:

239 posts

157 months

Monday 31st December 2012
quotequote all
red_duke said:
OMG ... That's a depreciation of £15 per mile.

And the over optioned orange car on offer at £205 has depreciated at £48 per mile!
It's a lot for one year. Don't get me wrong but they will still lose money but the amount will slow on the residual line.

Your best to keep the mp4 for a few more years and use it. This will then reduce the costs per mile.

If your in the market now for one, I think they are great value and picked up for 145k to 150k you will probably lose 40k in 3 years which I do not think is too bad.

Again, once the car gets below 150k it opens up a totally new market of potential owners as the 150k barrier is sometimes a little physiological.

red_duke

800 posts

182 months

Monday 31st December 2012
quotequote all
I'm not in the market for a 12C or a 458. I have a humble F430 so I'm merely an impartial bystander on this thread. I do find such discussions fascinating though and believe depreciation per mile should be calculated in preference to depreciation over time. The results can be hilarious!

Chrism355

102 posts

161 months

Monday 31st December 2012
quotequote all
D1ckie said:
Really interesting as was considering an MP4 last week and test drove a Spider.

I was offered a brand new 2012 coupe for £169K, with all 2013 upgrades done, but not a very high spec (not 100% sure on this as still researching). Thats 30K off list which to me means either the coupes will get hit harder when the Spider comes through or that the cars just arent moving!!!

The Spider was a great car but a little emotionless, compared to some of the other cars I've driven. I was also considering a 458 but when you look at the amount for sale this will only hit residules hard and I guess many owners looking to sell theirs now will struggle as there are just too many available.

So the search is still on and the thoughts move to an LP640, although everyone tells me running costs are dangerous.......
Where do you get £30K the MY2012 was £169 plus options, if you say not well specced then not getting much off, all cars get 2013 updates free. January is always quiet and anyone ordering a new MP4 today would expect a MY2013 car which is the same as the 2012 but looses the swipe open and has a rubber button instead.

D1ckie

739 posts

191 months

Monday 31st December 2012
quotequote all
Chrism355 said:
Where do you get £30K the MY2012 was £169 plus options, if you say not well specced then not getting much off, all cars get 2013 updates free. January is always quiet and anyone ordering a new MP4 today would expect a MY2013 car which is the same as the 2012 but looses the swipe open and has a rubber button instead.
The car offered was list at £196K.... as I said I'mk not upto date on the full options list but the car offered was missing quite a bit of kit that was on the Spider, eg the lifting option


Shadow62

1,077 posts

211 months

Monday 31st December 2012
quotequote all
Any idea if the door opening button can be retro fitted instead of the hand swipe system?

sone

4,587 posts

239 months

Monday 31st December 2012
quotequote all
Some of those numbers are scary. I'm only glad my other half doesn't read these forums. biggrin

I'll be interested to see how well the Mclaren carries the miles as this is the biggest weakness of the Ferrari Marque in my opinion.

Chrism355

102 posts

161 months

Monday 31st December 2012
quotequote all
D1ckie said:
The car offered was list at £196K.... as I said I'mk not upto date on the full options list but the car offered was missing quite a bit of kit that was on the Spider, eg the lifting option
OK but if a 2012 car, Iris was free not £5K as listed in options, lift not needed on MP4, this was added as an option to MY2013 in reaction to Ferrari ans Lambo customers thinking of coming over to the Maclaren. The lift is a must on the Gallardo as most owners will agree can't comment on the 458 but the MP4 is surprisingly good with ground clearance ans speed humps etc.
Mclaren are good at listening to customer feed back as they try to get used to selling cars and will react with great speed to resolve any issues, I phoned them regarding my car within the hour head of European sales had resolved the problem and the service center were on the phone to arrange getting the car in. They are like no other manufacturer I have dealt with try that with Ferrari, they were on a steep learning curve and after initial arrogance they are learning.

Cheib

23,274 posts

176 months

Monday 31st December 2012
quotequote all
Robbo66 said:
To lose between £65-£80 k in depreciation is utterley astonishing in 12 months. Both are financial disasters IMO.
The real disaster is when people buy cars on finance! I find it staggering that people buy cars over say £50k on finance. Now that's financial suicide

sone

4,587 posts

239 months

Monday 31st December 2012
quotequote all
Cheib said:
The real disaster is when people buy cars on finance! I find it staggering that people buy cars over say £50k on finance. Now that's financial suicide
Here we go again!.

coffee

propaganda

407 posts

248 months

Monday 31st December 2012
quotequote all
Cheib said:
The real disaster is when people buy cars on finance! I find it staggering that people buy cars over say £50k on finance. Now that's financial suicide
It is a disaster whether financed or not, certainly a bit more of a disaster on finance but both are a disaster nonetheless.......No money is free.

APOLO1

5,256 posts

195 months

Monday 31st December 2012
quotequote all
To be fair if you take into account the actual cost of the early 12Cs along with free IRIS upgrade and the recent price increase, the actual loss is not half as bad as some on here would have you believe.

BMCG

484 posts

137 months

Monday 31st December 2012
quotequote all
Robbo66 said:
To lose between £65-£80 k in depreciation is utterley astonishing in 12 months. Both are financial disasters IMO.
Hmmm..that's almost Aston Martin territory (DBS, Rapide....)

HowMuchLonger

3,004 posts

194 months

Monday 31st December 2012
quotequote all
propaganda said:
It is a disaster whether financed or not, certainly a bit more of a disaster on finance but both are a disaster nonetheless.......No money is free.
Why is a disaster?
You only buy a £100k+ car if you can afford to spend/lose £100k+. Cars in general are not investments, why do people think that because it has a bigger price of the label it will not depreciate?

APOLO1

5,256 posts

195 months

Monday 31st December 2012
quotequote all
My 991S has lost over 20k in 3 weeks From list price to value today.....