McLaren 12c not selling?

McLaren 12c not selling?

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Discussion

baileyconstruct

Original Poster:

239 posts

120 months

Saturday 29th December 2012
quotequote all
When I was in a dilemma about which to buy I have been watching the classifieds with interest on the mp4 and the demand for them.

The same cars I was looking at in September are still on sale and have dropped from 166k to £149k. This is astounding depreciation for cars sat at the dealers which they are reducing.

Glad I didn't buy one if this is how they are depreciating and there was an article in Evo about how they drop faster than a lead balloon.

Just wonder why they are not that desirable? Any thoughts?


Streetrod

6,464 posts

170 months

Saturday 29th December 2012
quotequote all
Bit of an odd statement as there are only 18 MP4 for sale in the classifieds and the prices seem to cover a reasonably wide price range. Compare them to the Ferrari 458's of which 80 are for sale and I think you will see a similar pattern in pricing, so I would conclude that nothing unusual is happening here.

Factor in the recent release of the spyder versions of both cars and this will have a softening effect on the coupe's values

These car will depreciate, that is a fact, if you expect to buy into this market and not have that happen then you are kidding yourself

baileyconstruct

Original Poster:

239 posts

120 months

Saturday 29th December 2012
quotequote all
Streetrod said:
Bit of an odd statement as there are only 18 MP4 for sale in the classifieds and the prices seem to cover a reasonably wide price range. Compare them to the Ferrari 458's of which 80 are for sale and I think you will see a similar pattern in pricing, so I would conclude that nothing unusual is happening here.

Factor in the recent release of the spyder versions of both cars and this will have a softening effect on the coupe's values

These car will depreciate, that is a fact, if you expect to buy into this market and not have that happen then you are kidding yourself
How can my statement be odd??? The fact is I have commented on the fact that the cars being advertised are in majority the same cars that i noticed advertised in late July and August. I merely have stated that back then they were 165k plus.

I appreciate there are more 458 for sale but seem they sell quickly.

I realise the cars will depreciate but out of the 18 cars on there 11 are the same. Both of the ones at mclaren London have been advertised and I drove the light silver one back in late August. Also the one at graypaul and mclaren Manchester.

It was merely an observation.

Edited by baileyconstruct on Saturday 29th December 17:57

sone

4,491 posts

202 months

Saturday 29th December 2012
quotequote all
Went to look at one at my local dealership in fact I went twice, that was 3 months ago and I still haven't had a call back. With customer service like that who's gonna buy them.
When I'm looking at buying a car for 150k ish I expect a car dealer to pay me the courtesy of a phone call., so off I went back to Ferrari and bought a Scud. Lesson learnt.

Steve

baileyconstruct

Original Poster:

239 posts

120 months

Saturday 29th December 2012
quotequote all
sone said:
Went to look at one at my local dealership in fact I went twice, that was 3 months ago and I still haven't had a call back. With customer service like that who's gonna buy them.
When I'm looking at buying a car for 150k ish I expect a car dealer to pay me the courtesy of a phone call., so off I went back to Ferrari and bought a Scud. Lesson learnt.

Steve
Good choice but I must give credit where it's due. Mclaren London were superb in their customer relations. Couldn't fault really and they drove the car to me for a test drive.


mpbcs

301 posts

178 months

Saturday 29th December 2012
quotequote all
I spent the morning testing the 458 and mp4 back to back and loved both. I've also been watching the mclaren market for a while and have been surprised by the lack of movement. I think I will go for the mp4, but won't be paying dealer offer and can't understand the 20k difference between some dealers for what are similarly specced cars.

baileyconstruct

Original Poster:

239 posts

120 months

Saturday 29th December 2012
quotequote all
mpbcs said:
I spent the morning testing the 458 and mp4 back to back and loved both. I've also been watching the mclaren market for a while and have been surprised by the lack of movement. I think I will go for the mp4, but won't be paying dealer offer and can't understand the 20k difference between some dealers for what are similarly specced cars.
Good choice and I liked the mp4 to but at the time it was the same money as a 458 so I went with that. Also the 7 year warranty pack is a good thing also.

However now the market for the mp4 is different as they have been reduced by 20k. Check out mclaren London as they would surely deal on their cars as they will have had for near on 6 months.

mpbcs

301 posts

178 months

Saturday 29th December 2012
quotequote all
I will probably look at their dark grey car next week, i was not sure about the red inserts but I think the interior needs the carbon, so not keen on the silver car. The car at dick lovetts is stunning but 20k more than the London cars?? what do you think they let them go for? 140ish?

baileyconstruct

Original Poster:

239 posts

120 months

Saturday 29th December 2012
quotequote all
mpbcs said:
I will probably look at their dark grey car next week, i was not sure about the red inserts but I think the interior needs the carbon, so not keen on the silver car. The car at dick lovetts is stunning but 20k more than the London cars?? what do you think they let them go for? 140ish?
I liked the dark grey one also but it was the red interior that I never liked. Also the silvery blue grey one has a lot less mileage.

I bet they would deal at 145k but obviously push them as hard you can. Just think this car was up for 169k when I was looking in August. Massive discount if you can get for 145k.

The only thing I would say is try and get rid if your car and don't ox with them. They offered 10k less than what I got with graypaul of Nottingham.

mpbcs

301 posts

178 months

Saturday 29th December 2012
quotequote all
My car will be going in the classifieds next week I think.. Got a silly bid from dick lovetts. Not many really good gen2 gt3's out there. I was hoping the red would not be too garish.

baileyconstruct

Original Poster:

239 posts

120 months

Saturday 29th December 2012
quotequote all
mpbcs said:
My car will be going in the classifieds next week I think.. Got a silly bid from dick lovetts. Not many really good gen2 gt3's out there. I was hoping the red would not be too garish.
It was a little for me but could be a grower. The dark grey certainly had a better overall spec.

I'm sure your gt3 will sell as they are well known and the best of the Porsches.

Post on here when you have done the deal on the mp4 but make sure you get a full tank and also take up the 2 year servicing that mclaren London are offering on PH wink

garyhun

30,612 posts

192 months

Saturday 29th December 2012
quotequote all
Isn't the correct short name '12C' as all McLaren's have an MP4 chassis?

baileyconstruct

Original Poster:

239 posts

120 months

Saturday 29th December 2012
quotequote all
garyhun said:
Isn't the correct short name '12C' as all McLaren's have an MP4 chassis?
Yes it is 12c but just like mp4 better

Chrism355

80 posts

124 months

Saturday 29th December 2012
quotequote all
The spread in the price is alot down to spec. Just like Ferrari the options list is expensive and soon adds up. The cars held by London and Graypaul are for want of a better phrase "poverty spec" early cars that were early cars that have been flipped, as better specced cars come to market then the only way to shift these cars is to drop the price. The carbon interior is a must to lift the interior as is sports exhaust, the London car is nice but red interior is a very strong colour to live with.
These cars are the same as any car in this segment, there has been a big hit to all residuals in this sector Ferrari included. The average MP4 was around £190K new, the average 458 was around £220K now look again at the classifieds. there is a black 458 £15k under list with delivery mileage when did you last see Ferrari cars going under list. Give the city boys their bonuses back so they can buy their toys

baileyconstruct

Original Poster:

239 posts

120 months

Saturday 29th December 2012
quotequote all
Chrism355 said:
The spread in the price is alot down to spec. Just like Ferrari the options list is expensive and soon adds up. The cars held by London and Graypaul are for want of a better phrase "poverty spec" early cars that were early cars that have been flipped, as better specced cars come to market then the only way to shift these cars is to drop the price. The carbon interior is a must to lift the interior as is sports exhaust, the London car is nice but red interior is a very strong colour to live with.
These cars are the same as any car in this segment, there has been a big hit to all residuals in this sector Ferrari included. The average MP4 was around £190K new, the average 458 was around £220K now look again at the classifieds. there is a black 458 £15k under list with delivery mileage when did you last see Ferrari cars going under list. Give the city boys their bonuses back so they can buy their toys
You see I thought both the London cars were really well spec'd especially the dark grey one. Don't get me wrong, they weren't silly spec'd but both cars seemed just right. I'm not sure what else is missing and both had the sports exhaust. Only thing really is ceramic brakes but i felt the car I drove (non ceramic) was just fine without.

The point of the thread is the massive drop from dealer price in 3 months. One main issue I think is that the 12c doesn't have a predecessor to buffer itself against in value terms.

Nevertheless cracking car for 149k but still not sure on the door practicality (very cool though)

Funny you should mention average prices as I did ask graypauls about the average cost of the 458's they sold and it was 205k which is 35k over list. I asked the same to mclaren London on new cars and they said about 200k, and to be honest the option list on both cars were ridiculous and also you don't get ceramics on the mac and I believe these are an 8k option???

Also the ones at London aren't early cars really as they are nov/dec 11 registered which they are just over 1 years old. The graypauls one is on SOR and I think the owner is still trying to hold out for the money.

Edited by baileyconstruct on Saturday 29th December 21:05


Edited by baileyconstruct on Saturday 29th December 21:09

andysv

1,326 posts

191 months

Saturday 29th December 2012
quotequote all
I was offered an mp4 for 135k last week, I don't know the exact spec as tbh it isn't what I am looking for so I didn't pursue it, it's the best price I have heard of.

mpbcs

301 posts

178 months

Saturday 29th December 2012
quotequote all
I was initially concerned about the doors but the distance they extend away from the car is no further than how far you have to open a normal door.. I think they look impractical as thy are not the norm. I do not agree that the London grey car is poverty spec in any way... What is the justification for that being said? Am I missing something?

baileyconstruct

Original Poster:

239 posts

120 months

Saturday 29th December 2012
quotequote all
mpbcs said:
I was initially concerned about the doors but the distance they extend away from the car is no further than how far you have to open a normal door.. I think they look impractical as thy are not the norm. I do not agree that the London grey car is poverty spec in any way... What is the justification for that being said? Am I missing something?
Both the London cars are the right spec and are what I would have spec,d. There is no such thing as a poverty spec or enhanced spec. They both have sat nav, sport exhaust, carbon, paint spec, sound system upgrade etc. not sure what else you would want really? The dark grey also has carbon ceramic discs also wink

With regards to the doors it is correct they don't open much wider than a normal car door. Only thing is if you park next to other cars you can't squeeze out of them ha ha. Not that I do anyway.

Other thing is the carbon fibre tub makes the door reveals really wide and I was fine getting in and out but my wife would struggle to get out lady like.

Edited by baileyconstruct on Saturday 29th December 21:16

mpbcs

301 posts

178 months

Saturday 29th December 2012
quotequote all
I was planning on not taking the wife out in the car as I get awful earache on those occasions!

Chrism355

80 posts

124 months

Saturday 29th December 2012
quotequote all
baileyconstruct said:
You see I thought both the London cars were really well spec'd especially the dark grey one. Don't get me wrong, they weren't silly spec'd but both cars seemed just right. I'm not sure what else is missing and both had the sports exhaust. Only thing really is ceramic brakes but i felt the car I drove (non ceramic) was just fine without.

The point of the thread is the massive drop from dealer price in 3 months. One main issue I think is that the 12c doesn't have a predecessor to buffer itself against in value terms.

Nevertheless cracking car for 149k but still not sure on the door practicality (very cool though)

Funny you should mention average prices as I did ask graypauls about the average cost of the 458's they sold and it was 205k which is 35k over list. I asked the same to mclaren London on new cars and they said about 200k, and to be honest the option list on both cars were ridiculous and also you don't get ceramics on the mac and I believe these are an 8k option???

Edited by baileyconstruct on Saturday 29th December 21:05
The main issue with the MP4 is indeed no predecessor and that Mclaren had no PR department to promote the car, in their arrogance they thought they could do a better job, just look how well the spider has been promoted by the press, the car is indeed a great car but needs help finding its foothold in the market a fact the new PR company understand and are showing Mclaren how to do this.
The MP4 does not need the ccb's as the air brake gives a much better brake balance to the car