McLaren 720s at £130,000

McLaren 720s at £130,000

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MDL111

6,983 posts

178 months

Friday 1st May 2020
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Yup I wish my warranty was as comprehensive as McLaren - I paid for warranty plus a lot more on top for repairs not covered by warranty. So imo it is excellent value for money. The warranty availability would be a plus point for me in terms of buying a McLaren - esp as I would likely use it pretty much as a daily

cayman-black

12,678 posts

217 months

Friday 1st May 2020
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MDL111 said:
Yup I wish my warranty was as comprehensive as McLaren - I paid for warranty plus a lot more on top for repairs not covered by warranty. So imo it is excellent value for money. The warranty availability would be a plus point for me in terms of buying a McLaren - esp as I would likely use it pretty much as a daily
From what i read on here you will need the warranty daily!

650spider

1,476 posts

172 months

Friday 1st May 2020
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cayman-black said:
MDL111 said:
Yup I wish my warranty was as comprehensive as McLaren - I paid for warranty plus a lot more on top for repairs not covered by warranty. So imo it is excellent value for money. The warranty availability would be a plus point for me in terms of buying a McLaren - esp as I would likely use it pretty much as a daily
From what i read on here you will need the warranty daily!
Good to see 2 non owners views laid out...one being a very thoughtful, informative fact filled post, and the other the usual internet utter nonsense.

Why are so many non owners anti McLaren? It is a bit strange to be honest.

I actually posted that although i shall most likely extend my warranty when it is due in October at the cost of around £4800, with having no issues with my McLaren since its service in September, it does make you wonder about putting that money to the side and self warrant the car.

I bought the McLaren knowing exactly what the warranty would cost each year, with the comfort that it is pretty comprehensive...very little is not covered.

Prior to buying, i expected issues due to posts like cayman just made, but decided to horse on anyways as i really wanted to have a McLaren after 2 decades of Ferrari and Porsche...well chuffed i did because in my case it has been very reliable and great fun to own... cannot see me having either of them brands again...in my personal experience...they would be a serious step backwards.


likesachange

2,631 posts

195 months

Friday 1st May 2020
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650spider said:
Good to see 2 non owners views laid out...one being a very thoughtful, informative fact filled post, and the other the usual internet utter nonsense.

Why are so many non owners anti McLaren? It is a bit strange to be honest.
As a regular reader of this forum it does seem Mclaren get so much bad press of non-owners. Which I also find odd. A lot of hate for the brand it seems.

As you say 5k a year for a fully comprehensive warranty on a 8yr old super car that will still match a 2 yr old Ferrari on nearly all levels I think is very reasonable.

Back on topic.. a 720s @130k is mega value in anyones eyes. There maybe a few out there that are friday cars, especially the early ones and the price is probably partly due to the bad press on these such forums. A 720s at same price as a GT3...?!? I'd take the risk with the 720 personally.


Edited by likesachange on Friday 1st May 18:32

650spider

1,476 posts

172 months

Friday 1st May 2020
quotequote all
likesachange said:
650spider said:
Good to see 2 non owners views laid out...one being a very thoughtful, informative fact filled post, and the other the usual internet utter nonsense.

Why are so many non owners anti McLaren? It is a bit strange to be honest.
As a regular reader of this forum it does seem Mclaren get so much bad press of non-owners. Which I also find odd. A lot of hate for the brand it seems.

As you say 5k a year for a fully comprehensive warranty on a 8yr old super car that will still match a 2 yr old Ferrari on nearly all levels I think is very reasonable.

Back on topic.. a 720s @130k is mega value in anyones eyes. There maybe a few out there that are friday cars, especially the early ones and that is probably partly due to the bad press on these such forums. A 720s at same price as a GT3...?!? I'd take the risk with the 720 personally.
Every day of the week.

I find it amusing that Porsche are all chuffed with the performance figures for the latest 992 Turbo....its great that they are finally getting near the 0-124 times that the 650 posted on its launch in 2014...best not to even look at the 720 figures...

Maybe because they make it look so easy is where the hate comes from...if so it is still strange....it should be embraced.

sparta6

3,704 posts

101 months

Friday 1st May 2020
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anonymous said:
[redacted]
A well balanced appraisal.











Matty3

1,186 posts

85 months

Friday 1st May 2020
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sparta6 said:
anonymous said:
[redacted]
A well balanced appraisal.

(Quote)

Not going to go all defensive but I don't concur with either opinion.

A year ago I tested all rival offerings, except a GT3, but both Fezza and Lambo fell short of what I was looking for in an actual driver's car. Considered a 720 but decided the 570 suited me better and bought a new one. Had the odd niggle , but coming from a Lotus of no concern whatsoever. A year on after super service from my Mac dealer I am more than convinced I made the right decision - the car is absolutely mega biggrin

Yep depreciation is a concern, but not a worry - life is too short and getting shorter by the look of it.

A year ago GT3, 488, Hurracan owners were deriding the rapid Mac depreciation - I don't see so many comments now smile especially as folk are wising up (in my opinion ) what fantastic value Macs represent.

andrew

9,975 posts

193 months

Friday 1st May 2020
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anonymous said:
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+1

likesachange

2,631 posts

195 months

Friday 1st May 2020
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anonymous said:
[redacted]
I can agree with some of that and seems a fair opinion.

But to say the Mclaren hasn't adopted any engineering excellence?!?! Now I must stress I have never been in a Mclaren so my opinion is a bit null and void. But it is the only brand of its class to have the Carbon Tub (ref rambo lambo smile ) as well as from what I've read suspension design that copes with pretty much every situation etc...
Soul well ... what exactly is soul? Noise and pedigree?? well cant argue with that I suppose ...

likesachange

2,631 posts

195 months

Friday 1st May 2020
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anonymous said:
[redacted]
Fair points.

And yes definitely agree with the cheaper options of raw excitement, there are much cheaper options.. having had an Atom, Exige and Zenos E10R... But most don't have the balls to own the real extreme performance cars tongue out

SSO

1,404 posts

192 months

Friday 1st May 2020
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anonymous said:
[redacted]
We have owned 9 McLaren, 4 still reside in our garage, and 1 (650S Spider) has been my DD for almost 5 years. They have all been highly reliable and none have needed even remotely unreasonable levels of maintenance. Other than a few very minor issues with the early cars (12Cs), the only time they see the dealership is for the annual service.

Cheib

23,295 posts

176 months

Friday 1st May 2020
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SSO said:
We have owned 9 McLaren, 4 still reside in our garage, and 1 (650S Spider) has been my DD for almost 5 years. They have all been highly reliable and none have needed even remotely unreasonable levels of maintenance. Other than a few very minor issues with the early cars (12Cs), the only time they see the dealership is for the annual service.
Firstly, really enjoy your writing.

If your experience is typical which I suspect it is then McLaren should be pricing their warranty at cost rather than treating it as a profit centre. The cost of warranty is often cited as a reason people don’t want to buy one and the fact they charge so much implies the cars are unreliable...adds fuel to the fire !

It really feels to me like there are a few relatively simple things McLaren could do to improve brand value/perception but they all require taking a two or three year view which doesn’t feel like is something in their culture....even though as a car manufacturer they are clearly working 5 years in advance. Now is clearly not the time but 18 months ago would have been,

Bispal

1,620 posts

152 months

Saturday 2nd May 2020
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McLaren upper management could have purchased the collecting cars 720S and 600LT at good retail prices to prop prices up rather than instigate this torrent of internet commentary about values. Would have been a drop in the ocean for them and stabilised the market and meant their retailers would not need to consider dropping prices and given faith to prospective new customers. They could have just stored the cars away for a few years or broken for parts.




Ferruccio

1,837 posts

120 months

Saturday 2nd May 2020
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Bispal said:
McLaren upper management could have purchased the collecting cars 720S and 600LT at good retail prices to prop prices up rather than instigate this torrent of internet commentary about values. Would have been a drop in the ocean for them and stabilised the market and meant their retailers would not need to consider dropping prices and given faith to prospective new customers. They could have just stored the cars away for a few years or broken for parts.
King Canute? Just too many cars to play that game.
Koenigsegg could.

MDL111

6,983 posts

178 months

Saturday 2nd May 2020
quotequote all
Bispal said:
McLaren upper management could have purchased the collecting cars 720S and 600LT at good retail prices to prop prices up rather than instigate this torrent of internet commentary about values. Would have been a drop in the ocean for them and stabilised the market and meant their retailers would not need to consider dropping prices and given faith to prospective new customers. They could have just stored the cars away for a few years or broken for parts.
But assume they had bid up the cars a little further, would not most independent dealers with stock and private individuals with cars on SOR then list them on CC now (say all the people currently having cars in the 140-160 bracket for sale - better get 140 now than hope for a little more in uncertain times)? At which point it becomes an expensive exercise to prop up the market

JulierPass

641 posts

231 months

Saturday 2nd May 2020
quotequote all
Bispal said:
McLaren upper management could have purchased the collecting cars 720S and 600LT at good retail prices to prop prices up rather than instigate this torrent of internet commentary about values. Would have been a drop in the ocean for them and stabilised the market and meant their retailers would not need to consider dropping prices and given faith to prospective new customers. They could have just stored the cars away for a few years or broken for parts.
It's a nice thought, but in all fairness all McLaren care about is fleecing their customers. Be it horrendously expensive "experiences", a new car every 5 minutes that almost makes the previous model redundant, and a dealer network that won't buy back 2nd hand stock. It's a shame as the product is amazing to drive.

SSO

1,404 posts

192 months

Saturday 2nd May 2020
quotequote all
Cheib said:
SSO said:
We have owned 9 McLaren, 4 still reside in our garage, and 1 (650S Spider) has been my DD for almost 5 years. They have all been highly reliable and none have needed even remotely unreasonable levels of maintenance. Other than a few very minor issues with the early cars (12Cs), the only time they see the dealership is for the annual service.
Firstly, really enjoy your writing.

If your experience is typical which I suspect it is then McLaren should be pricing their warranty at cost rather than treating it as a profit centre. The cost of warranty is often cited as a reason people don’t want to buy one and the fact they charge so much implies the cars are unreliable...adds fuel to the fire !

It really feels to me like there are a few relatively simple things McLaren could do to improve brand value/perception but they all require taking a two or three year view which doesn’t feel like is something in their culture....even though as a car manufacturer they are clearly working 5 years in advance. Now is clearly not the time but 18 months ago would have been,
Thanks on karenable.

I do think my experience is much more the norm than the exception. 9 for 9 on well built reliable cars over a 10 year period is not an accident. Reality is happy customers don't tend to shout about it. Unhappy ones tend to be very vocal.

I do know McLaren are very aware of the perception problems and are trying to address. Plan well ahead of Covid-19 was to already reduce production this year and they are now taking a longer term (5 year) view.

heihei

162 posts

196 months

Saturday 2nd May 2020
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A 720S at an Indy now up for £130k. Seems the going price now.

Calculator

746 posts

216 months

Saturday 2nd May 2020
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I think that car is +VAT

ghost83

5,485 posts

191 months

Saturday 2nd May 2020
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Calculator said:
I think that car is +VAT
And I’ll bet anything that you will be able to talk them into knocking 10-15k off it in such hard times

It’s also an 18 plate so al the 2017 cars with more mileage should be even less, if you have the money it’s going to be a good time to buy for some