765LT on Collecting Cars

[TP321]

Anyone see how much it reached? I presume it failed to reach reserve.

[stephenjkoch]

https://collectingcars.com/for-sale/2021-mclaren-7...

Unsold, I saw it get to around £300k though didn't watch to the end.

[TP321]

Cheers. I remember reading that it’s list price was just over £300k so maybe the seller was hoping for more given it’s rarity and current shortages

[slow_1]

I think it got to £310k

[RBT0]

I struggle to understand how owners of such a car think of selling it through collectingcars.

It’s not a classic, not a collectors car yet. To me there it attracts only wrong people, looking for a bargain.

If you really want a 765LT, you go through dealers or indie/specialists.

[Cheib]

RBT0 said:

I struggle to understand how owners of such a car think of selling it through collectingcars.

It’s not a classic, not a collectors car yet. To me there it attracts only wrong people, looking for a bargain.

If you really want a 765LT, you go through dealers or indie/specialists.

There are plenty of cars that have sold on CC that I definitely wouldn’t describe as a bargain. Plenty of modern performance cars have sold for very good money.

Would I buy a 765 LT on CC or a car like it ? No. A lot of serious buyer will though.

[Ferruccio]

RBT0 said:

I struggle to understand how owners of such a car think of selling it through collectingcars.

Because they might get more than they’ve been bid by dealers.

[anonymous-user]

Ferruccio said:

RBT0 said:

I struggle to understand how owners of such a car think of selling it through collectingcars.

Because they might get more than they’ve been bid by dealers.

Exactly this reason

[Streetbeat]

Would you guys suggest that was bought purely for speculating purposes, try to fetch a premium?

[Ferruccio]

Streetbeat said:

Would you guys suggest that was bought purely for speculating purposes, try to fetch a premium?

Only by someone who had lost touch with reality.

[Rocketreid]

Can not for the life of me understand why anyone would use an outfit like CC to buy a car.

Zero consumer protection and zero chance of getting your £6,000 back off them if purchase falls through.

[MDL111]

Rocketreid said:

Can not for the life of me understand why anyone would use an outfit like CC to buy a car.

Zero consumer protection and zero chance of getting your £6,000 back off them if purchase falls through.

boredom combined with having drinks comes to mind.
also, on occasion cars that are not easily bought somewhere else [I bought a car that only exists in that exact spec once, so no other option to purchase].
pretty pictures do help. their descriptions are often not great imo, much copy and paste of bla bla with a little detail thrown in [in fairness only so many ways you can describe a car, especially one you have never seen in person].

[TP321]

slow_1 said:

I think it got to £310k

Not surprised then that it didn’t sell. The cheapest one on Autotrader is £355k. I didn’t realise that they were commanding such a premium

[Ferruccio]

TP321 said:

slow_1 said:

I think it got to £310k

Not surprised then that it didn’t sell. The cheapest one on Autotrader is £355k. I didn’t realise that they were commanding such a premium

You can ask whatever you like.
Auctions are the only really public reliable indicator of a market.

[Cheib]

Ferruccio said:

You can ask whatever you like.
Auctions are the only really public reliable indicator of a market.

The information is public but whether it is alway reliable is open to question. very small % but it does happen. I can think of several instances where cars have “sold” and then not sold. Not going into specifics as that will get this thread locked/deleted.

[Ferruccio]

Cheib said:

Ferruccio said:

You can ask whatever you like.
Auctions are the only really public reliable indicator of a market.

The information is public but whether it is alway reliable is open to question. very small % but it does happen. I can think of several instances where cars have “sold” and then not sold. Not going into specifics as that will get this thread locked/deleted.

In any auction there is the risk that the buyer fails to complete - can happen with a painting, a vase or a car.

[Rocketreid]

Ferruccio said:

In any auction there is the risk that the buyer fails to complete - can happen with a painting, a vase or a car.

Maybe be so but CC seem to be the experts when in comes to “Smoke and Mirrors”

Best avoided if you know what’s good for you !