Anybody leased a 12c for a year?

[RGambo]

Just wondering if anybody had any experience of leasing a 12c for a year. Is it possible? What sort of costs?

Thanks for any advice.

[andrew]

$142k for three years' motoring at just 3500 miles pa : sobering

http://www.thecollection.mclaren.com/cars/12c-spid...

[belleair302]

Leasing is a complete waste of money.....always has been always will be. Quite simply if you cannot afford it, dont borrow it unless against property. For this money you would be better off re mortgaging your house and buying a used 12c.

[RGambo]

My theory behind it is based upon me working out the best way to fund the depreciation. You spend £200k on a new car , keep it 1 year, trade it. You are probably going to return £160k for trade it? So that £40k the car has cost you ( without running costs)
So if you could lease one for a year for £40k or less for a year then it's cost you the same , but you haven't tied up your Capitol in the car. I could put the 200k into a house for buy to let, or give the 200 k to an investment house to get me a return with would part fund the lease.
Yes I agree it's cheaper to buy a second hand and some of the earlier cars for around £120-130k look tempting, but even if you bought one of those, you are still going to take a substantial hit on depreciation .
I'm not interested in a lease purchase, but a pure 1 year lease hire. I wouldn't be putting myself into debt as I have the money to cover the lease. At the end of the year, money spent, car returned, carry on with life.
If you look at it the same as one of my delivery vans. Do I tie up the companies Capitol in a depreciating asset? Or do I lease for 3 years, put known cost into the overheads .
The sensible thing is to put capital into an apriciating asset which you can enjoy driving, say a 997gt3RS, but if I'm honest, I don't really fancy a Porsche. I realise it's probably a stupid thing to do, but sometimes it's good to go through the idea fully to prove/disproveit.

As always it's subject to man maths rules:- you can justify any cost for a car, if you really want it.

[mrloudly]

andrew said:

$142k for three years' motoring at just 3500 miles pa : sobering

http://www.thecollection.mclaren.com/cars/12c-spid...

"Sobering" Yet still worth EVERY Cent

[rosino]

Have you looked into supercar clubs ? For me makes little sense as I want to USE my cars, put miles on them going to wales, isle of man, France, Italy and wherever my mood and good roads take me.. but for people doing little miles predominantly in the UK and don't need the car that often.. it COULD make sense.

I am personally scared of :
1. 50 miles / day limit often mentioned
2. Nice cars eating up all your allowance
3. Nice cars being pre-booked for the next 145 weekends.

I recently attended an event from VIVENDI though and they had a decent display of cars and seem to be offering a good service if that's what you are after.

But let's say that for you 30k you get quite a bit of driving time.. especially if you are ok to have them on weekdays of course

For me I'd rather have 1 car.. buy wisely and enjoy it as much as I can..

[PGNTuscan]

belleair302 said:

Leasing is a complete waste of money.....always has been always will be.

Not true. I'm willing to bet you I'll have lost far more in depreciation on my M5 than if I had leased it for a few years. People on the M forum are paying 17.5k over 2 years on 10-12k mileage per annum! Cheaper than buying for sure.

[AlanThomas]

try contacting Michael Breen at P1 Supercar Club, he maybe able to help you with a leasing one for a year or membership to their club which may work for you.

[RGambo]

AlanThomas said:

try contacting Michael Breen at P1 Supercar Club, he maybe able to help you with a leasing one for a year or membership to their club which may work for you.

Cheers. I might just do that.

[Active75]

Try http://www.supercar-experiences.com/supercar-hire.... Monthly lease and Yearly lease available.