RE: McLaren P1: sold out
RE: McLaren P1: sold out
Wednesday 13th November 2013

McLaren P1: sold out

Nordschleife lap goal achieved or not the P1 has hit its sales target and orders are now closed



Still deliberating over whether your hybrid hypercar will come with a Ferrari, McLaren or Porsche badge on it? If you haven't acted already it looks like your choice will be restricted to the latter, McLaren confirming today that all 375 P1s have been sold. If you want one on your driveway you'll now have to join a waiting list in case anyone drops out.

Back in May McLaren's sales and marketing director Greg Levine told us in confident mood that "Porsche doesn't have a chance of selling 918 units" of its contender in the three-way electric-assisted power war and that "if the P1 was in a class of one we'd still only build 375 because you need the exclusivity."

Realistically it's that which will matter more to owners than speculation about lap times around German circuits or any other spec sheet statistic, the real arbiter of success in this realm being the perceived value of that rarity. Ferrari apparently sold all 499 LaFerraris before the covers even came off while Porsche has gone for - in this context - relatively high volume with its 918. Who wins this battle will be something we can only judge a few years down the line but the sub-100 production run of the F1 has certainly served McLaren well as values continue to soar, evidenced by the $8.47m paid for one at the Gooding & Co sale at Pebble Beach in August. Whether 375 proves to be relatively greedy in comparison will remain to be seen but there'll be satisfaction in Woking to know all the cars they'll build have got homes.

 

 

Author
Discussion

WCZ

Original Poster:

11,500 posts

223 months

Wednesday 13th November 2013
quotequote all
APOLO1

peteA

2,761 posts

263 months

Wednesday 13th November 2013
quotequote all
Damn - just about to press the button too...maybe I'll get a good deal on a cancellation?

LaurasOtherHalf

21,429 posts

225 months

Wednesday 13th November 2013
quotequote all
Doesn't it look nice in silver?

Dave Hedgehog

16,328 posts

233 months

Wednesday 13th November 2013
quotequote all
damn it i was planning to buy one after i win this fridays 80mill euro lotto ...


silverthorn2151

6,397 posts

208 months

Wednesday 13th November 2013
quotequote all
Good Lord! That's £262m worth of orders.

Wonder how much the deposit was.

Mind you, what a great list to be part of!

jeremyc

28,110 posts

313 months

Wednesday 13th November 2013
quotequote all
Presumably there will be a used market for these, for anybody that wants to get hold of one.

Or do the terms of sale by McLaren demand that all P1s go back through them?

benters

1,459 posts

163 months

Wednesday 13th November 2013
quotequote all
well done Mclaren another British sales success, top marks to all that made this happen. . .what next ? please try a concorde replacement . .

MrTappets

881 posts

220 months

Wednesday 13th November 2013
quotequote all
It's weird but my initial reaction on seeing the headline was slight disappointment. In reality I couldn't afford to buy a paint option for a P1.

benters

1,459 posts

163 months

Wednesday 13th November 2013
quotequote all
MrTappets said:
It's weird but my initial reaction on seeing the headline was slight disappointment. In reality I couldn't afford to buy a paint option for a P1.
why the disappointment Mr Tappets ?

CraigyMc

18,369 posts

265 months

Wednesday 13th November 2013
quotequote all
silverthorn2151 said:
Good Lord! That's £262m worth of orders.

Wonder how much the deposit was.

Mind you, what a great list to be part of!
It's quite a bit more than that -- most (well, probably all) P1 buyers have been putting expensive options on.

All in I'd be surprised if it was under £400m.

peteA

2,761 posts

263 months

Wednesday 13th November 2013
quotequote all
silverthorn2151 said:
Good Lord! That's £262m worth of orders.

Wonder how much the deposit was.

Mind you, what a great list to be part of!
Taking into account the development, manufacture, etc. I wonder what their project 'profit' per car is?

Dion20vt

252 posts

191 months

Wednesday 13th November 2013
quotequote all
With these cars hitting vasts amount of money, its still nice to think that they will all (in the uk anyway) come with the same V5C as my 26 yr old volvo (all be it with better words printed than "volvo 240" in make / model!)... Still get the same tax reminder form as me... and still have to go through an MOT like my car biggrin !!

In that sense, they're not rare! They're as common as every road car in the UK!! biggrin love it!

P-Jay

11,405 posts

220 months

Wednesday 13th November 2013
quotequote all
silverthorn2151 said:
Good Lord! That's £262m worth of orders.

Wonder how much the deposit was.

Mind you, what a great list to be part of!
It's a huge amount of money of course, but in 'car' terms is it?

Presumably they want to make a profit on the P1 - I wonder how much is cost to design and develop, compared to say the latest Fiesta. I seem to recall a mainstream workaday car costing hundreds of millions to develop - makes me think that a lot more effort went into the next Polo than McLaren spent on the P1 - or am I being stupid?

Chicane-UK

3,861 posts

214 months

Wednesday 13th November 2013
quotequote all
That's fantastic news for McLaren smile I look forward to seeing some testing / reviews of this machine at some point hopefully!!

GTIR

24,741 posts

295 months

Wednesday 13th November 2013
quotequote all
Dion20vt said:
With these cars hitting vasts amount of money, its still nice to think that they will all (in the uk anyway) come with the same V5C as my 26 yr old volvo (all be it with better words printed than "volvo 240" in make / model!)... Still get the same tax reminder form as me... and still have to go through an MOT like my car biggrin !!

In that sense, they're not rare! They're as common as every road car in the UK!! biggrin love it!
But only you see your V5c and MOT whilst lots of people have to put up with seeing your Volvo!

Thankfully some of the public may be lucky and view the P1.


smile

Krikkit

27,938 posts

210 months

Wednesday 13th November 2013
quotequote all
P-Jay said:
silverthorn2151 said:
Good Lord! That's £262m worth of orders.

Wonder how much the deposit was.

Mind you, what a great list to be part of!
It's a huge amount of money of course, but in 'car' terms is it?

Presumably they want to make a profit on the P1 - I wonder how much is cost to design and develop, compared to say the latest Fiesta. I seem to recall a mainstream workaday car costing hundreds of millions to develop - makes me think that a lot more effort went into the next Polo than McLaren spent on the P1 - or am I being stupid?
The Polo costs so much because there's much more in-depth analysis into its components, how they are manufactured, where you can save money/time etc and designing the factory and supply chain to build it. Build a million Polo's and manage to save $500 on each one through clever use of lightweight materials/simpler fittings and that's a whole lot of money.

The P1 doesn't have that - everything is designed in-house, a lot of it from the 12C, and they build it by hand in a limited run. That said, I couldn't say if McLaren will make much profit from the P1, I'd guess not.

CraigyMc

18,369 posts

265 months

Wednesday 13th November 2013
quotequote all
peteA said:
Taking into account the development, manufacture, etc. I wonder what their project 'profit' per car is?
Small tangent to that thought - the auction price of a single F1 is now heading towards the monetary value of the programme that developed it - IIRC Gordon Murray said the F1 was done from top to bottom for about £8m.

t8cmf

342 posts

189 months

Wednesday 13th November 2013
quotequote all
Am I the only one who would prefer a 12C over a P1?

Axionknight

8,505 posts

164 months

Wednesday 13th November 2013
quotequote all
t8cmf said:
Am I the only one who would prefer a 12C over a P1?
Nope, I prefer the way the 12C looks, roof off please!

Dblue

3,288 posts

229 months

Wednesday 13th November 2013
quotequote all
Deposits were £240k I believe, non-returnable!