Discussion
My son plays Forza On his Xbox (I confess I play with him some time too 
) and he has a Senna in the game.
It prompted me to look in on the current used market.
I was surprised by the spread of prices for a car that hasn’t been out a year. They all appear to have less than 500 miles and prices range from £785,000 (£80K below list) to £1.3M.
Am I missing something? Or just some very optimistic/unrealistic sellers?
) and he has a Senna in the game.It prompted me to look in on the current used market.
I was surprised by the spread of prices for a car that hasn’t been out a year. They all appear to have less than 500 miles and prices range from £785,000 (£80K below list) to £1.3M.
Am I missing something? Or just some very optimistic/unrealistic sellers?
Lambo FirstBlood said:
I agree. Romans are always top end, even too high so if they are £895K and there are 2 others cars under £800K, the guys asking over £1M are never going to get that.
I wonder how far they’ll drop? Mclaren not know for good residuals and all.
I just can’t believe there are people who would pay that much for it. I’m already bored of looking at it and watching videos of it on YouTube, it does nothing to capture my attention. Imagine going and paying 900 grand for one!! It’s not that special either, a re bodied and lighter 720s, I’d much rather buy a 812 Superfast or a Huracan Perfomante and pocket the rest. You could actually drive those cars and not risk losing hundreds of thousands. I wonder how far they’ll drop? Mclaren not know for good residuals and all.
Sorry for the rant but just seeing 895k and ‘over 1M’ triggered me. I appreciate certain cars can be worth that kind of money but I just can’t believe there are people out there willing to pay 900k for the Senna. I’d rather buy a 918 if I’m going to spend that kind of money, a car that will never be outdated and unique in its own right.
Chestrockwell said:
I just can’t believe there are people who would pay that much for it. I’m already bored of looking at it and watching videos of it on YouTube, it does nothing to capture my attention. Imagine going and paying 900 grand for one!! It’s not that special either, a re bodied and lighter 720s, I’d much rather buy a 812 Superfast or a Huracan Perfomante and pocket the rest. You could actually drive those cars and not risk losing hundreds of thousands.
Sorry for the rant but just seeing 895k and ‘over 1M’ triggered me. I appreciate certain cars can be worth that kind of money but I just can’t believe there are people out there willing to pay 900k for the Senna. I’d rather buy a 918 if I’m going to spend that kind of money, a car that will never be outdated and unique in its own right.
I agree. You could actually buy an 812 AND a Performante and still have enough left over for another £300K supercar. I fully realise that Senna buyers won’t see the world like that as they’ll say they could buy all of them if they wanted to. Sorry for the rant but just seeing 895k and ‘over 1M’ triggered me. I appreciate certain cars can be worth that kind of money but I just can’t believe there are people out there willing to pay 900k for the Senna. I’d rather buy a 918 if I’m going to spend that kind of money, a car that will never be outdated and unique in its own right.
There’s 2 cars for sale that start with a 7. I think they could come down further still. People will always pay a premium for the stripped out model but like you, I see the Senna as more like a special LT version of the 720S than anything like the P1.
Using some sort of logic, a 458 Speciale is currently approx 300% of the price of an early regular 458.
With early 720s’ at around £180K, I guess that could mean the Senna was worth around £540k?
Edited by Lambo FirstBlood on Sunday 16th June 09:59
Lambo FirstBlood said:
People will always pay a premium for the stripped out model but like you, I see the Senna as more like a special LT version of the 720S than anything like the P1.
If you think the Senna is a special LT 720 then the P1 is a special hybrid 12c. The difference especially in performance between a Senna and 720 is vastly greater than that of the Speciale to 458. A Senna (customer car albeit with a very good pro) has done a lap time at Spa vboxed in the 2:24s. That is way quicker than a mere 'rebodied and lighter' 720 would have got.RBT0 said:
Ahaha
Basically you all complaining about Senna keeping the value on the market.
It's a rare car, happy if they manage to keep value and sell for that amount, will benefit the brand image.
I’m not sure if you read my original post. I’m definitely not complaining. My comment was about the disparity of prices. For a car that’s less than a year old with all examples having less than 500 miles on, the highest asking price is 70% higher than the lowest. For any car, that’s unusual.Basically you all complaining about Senna keeping the value on the market.
It's a rare car, happy if they manage to keep value and sell for that amount, will benefit the brand image.
And based on the asking prices at the lower end, I’m not sure I’d agree with it holding its value. At least 2 of them are below list price.
Ferruccio said:
Only thing that’s real in the current market, are actual sale/auction prices achieved.
Ferruccio is absolutely right, all that matters is actual sold prices. A friend of mine who has a Senna was bid 200 under list by one of the independents recently. Hard to believe any of the clowns advertising these for way over list actually expect to get anything like it, but the joy (for them) of the car market - unlike the housing market - is that there is no published price of what's actually traded (auctions aside), so dealers can claim to have got whatever they like for a car when the next punter comes along asking about values. Comes back to simple supply and demand, there are more sellers than buyers for Senna's at the moment, so the price can only come down.
Ferruccio said:
Only thing that’s real in the current market, are actual sale/auction prices achieved.
Totally agree.You can list a car at any price you like, but if it is too expensive then nobody will buy it... 488 Pista's being advertised at 400K, there are 5 advertised, I know one of them has been on there for months..
Isn’t the reason for the price spread simply speculators having a go? A motivated seller would be much more realistic on the ask price...
People seem to forget that the Senna was released at a perfect time to catch the highs of the recent car price run up. Lots of eager punters couldn’t wait to drop nearly £1m on the Senna. I expect, and hope, that the vast majority went to real enthusiasts but it is a dead certainty that quite a few will have been bought by speculators hoping to turn a quick profit. Not this time sadly...
People seem to forget that the Senna was released at a perfect time to catch the highs of the recent car price run up. Lots of eager punters couldn’t wait to drop nearly £1m on the Senna. I expect, and hope, that the vast majority went to real enthusiasts but it is a dead certainty that quite a few will have been bought by speculators hoping to turn a quick profit. Not this time sadly...
mcl570 said:
Ferruccio said:
Only thing that’s real in the current market, are actual sale/auction prices achieved.
Totally agree.You can list a car at any price you like, but if it is too expensive then nobody will buy it... 488 Pista's being advertised at 400K, there are 5 advertised, I know one of them has been on there for months..
Turbo cab said:
Agree with this, try getting a bid of more than a £25k over list on a brand new unreg car and see if you have any joy... It won't happen.
Alastair Bols had the 1st 720 spider that i had seen for sale '2nd' hand albeit with near delivery miles and had a healthy premium...Just noticed last night it is now advertised as 'savings on list'.
As a previous poster mentioned before with the Pista...things have changed and there are more supercars available than buyers now...something has to be mega special now to attract a premium.
It will be interesting to see how Porsche prices the upcoming GT4 and spyder....
Yeah list seems crazy money for a Senna tbh and hopefully we’re gonna see some speculators get their fingers well and truly burned on this one ...I remember the latest GT2RSs were listed at over £500k when the first flipper cars came up but of course asking prices meant nothing then and mean nothing now either with the avg ask for those at £350k. The massive diff in price for incrementally hotter /rarer versions of similar cars always seemed mental to me but I guess some people will happily pay through the nose for perceived exclusivity.
355spiderguy said:
Turbo cab said:
Agree with this, try getting a bid of more than a £25k over list on a brand new unreg car and see if you have any joy... It won't happen.
Alastair Bols had the 1st 720 spider that i had seen for sale '2nd' hand albeit with near delivery miles and had a healthy premium...Just noticed last night it is now advertised as 'savings on list'.
Its a crazy market today - speculators flooding the market to try and make premiums. The worst part about it is that the speculators who get lucky (selling build slots/spec'd cars before they're delivered) still manage to maintain a relationship with the dealer???????? I know a couple of people who flipped early cars (Senna build slot & Lambo Urus) yet they are both still in line for super exclusive cars with the relevant brands.
isaldiri said:
Lambo FirstBlood said:
People will always pay a premium for the stripped out model but like you, I see the Senna as more like a special LT version of the 720S than anything like the P1.
If you think the Senna is a special LT 720 then the P1 is a special hybrid 12c. The difference especially in performance between a Senna and 720 is vastly greater than that of the Speciale to 458. A Senna (customer car albeit with a very good pro) has done a lap time at Spa vboxed in the 2:24s. That is way quicker than a mere 'rebodied and lighter' 720 would have got.Autocar states 75KG lighter than a 720S. 79bhp and 22 lb ft more. Slower to 60. Identical 1/4 mile. Sounds very similar to that recipe doesn’t it?
I don’t doubt that it’s capable of serious lap times but it’s closer in spec to the standard car than you might think.
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