675LT spider - is it really sold out?

675LT spider - is it really sold out?

Author
Discussion

martinvantage

Original Poster:

320 posts

184 months

Tuesday 5th January 2016
quotequote all
As expected the press is reporting that the spider is already sold out. 500 spiders worldwide.
Corporate press building up the interest or genuinely sold out do we think?

RamboLambo

4,843 posts

175 months

Tuesday 5th January 2016
quotequote all
Sold out

Rocco1

3,081 posts

188 months

Tuesday 5th January 2016
quotequote all
I went to put a deposit back in late July early Aug and was told theyre sold out

Hollowpockets

5,908 posts

221 months

Tuesday 5th January 2016
quotequote all
Sold out

They pre sold around 300 coupes before the Geneva launch to repeat customers and many new customers waiting on a track car in that price, then after launch the remaining 200 sold within a couple of weeks. The demand for spider was so high I think 400 were already covered by deposits and within 2 weeks of the announcement they had all 500 spoken for.

In certain markets there are still waiting lists for both coupe and spider in case of cancelled orders.

It's a sign of the times, I can think of half a dozen cars which went the same way

What bubble?

G

EricE

1,945 posts

134 months

Wednesday 6th January 2016
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"Sold out"*


* unless they happen to find another 500 preproduction prototypes in the basement

Slickhillsy

1,772 posts

148 months

Wednesday 6th January 2016
quotequote all
EricE said:
"Sold out"*


* unless they happen to find another 500 preproduction prototypes in the basement
Please don't go there!!!! wink

mb1

579 posts

261 months

Wednesday 6th January 2016
quotequote all

Artificially sold out.... McLaren has sold slots to several dealers and independant... Not very customer friendly (again), who will have to pay a prenium.......
Have a look on autotrader.

Hollowpockets

5,908 posts

221 months

Wednesday 6th January 2016
quotequote all
mb1 said:
Artificially sold out.... McLaren has sold slots to several dealers and independant... Not very customer friendly (again), who will have to pay a prenium.......
Have a look on autotrader.
Dealers are not allowed to sell at a premium as far as I'm aware, they must be customer cars bought for flipping

mb1

579 posts

261 months

Wednesday 6th January 2016
quotequote all
Hollowpockets said:
Dealers are not allowed to sell at a premium as far as I'm aware, they must be customer cars bought for flipping
I did not mean McLaren dealers.
Anyway, easy to find on Autotrader.

If the car was that easy to sell, they would not need to sell slots to the trade.

johnwilliams77

8,308 posts

108 months

Wednesday 6th January 2016
quotequote all
mb1 said:
I did not mean McLaren dealers.
Anyway, easy to find on Autotrader.

If the car was that easy to sell, they would not need to sell slots to the trade.
http://www.autotrader.co.uk/used-cars/mclaren/675lt/used-mclaren-675lt-3-8-v8-ssg-2dr-fpa-201512199565077?logcode=p

Prindiville

boxerTen

502 posts

209 months

Wednesday 6th January 2016
quotequote all
johnwilliams77 said:
mb1 said:
I did not mean McLaren dealers.
Anyway, easy to find on Autotrader.

If the car was that easy to sell, they would not need to sell slots to the trade.
http://www.autotrader.co.uk/used-cars/mclaren/675lt/used-mclaren-675lt-3-8-v8-ssg-2dr-fpa-201512199565077?logcode=p

Prindiville
But do they actually have a car to sell when the time comes or are they just fishing for inquiries?

Hollowpockets

5,908 posts

221 months

Wednesday 6th January 2016
quotequote all
mb1 said:
I did not mean McLaren dealers.
Anyway, easy to find on Autotrader.

If the car was that easy to sell, they would not need to sell slots to the trade.
Fair point but i see no harm in a few cars ending up with these independents if the result is values start strong for the car.

Your kidding yourself if you think they struggled to sell them. My dealer has a list of people waiting for cancelled orders sold the 8 allocations they had before the Geneva launch. Also received enough serious Enquiries from around the UK and Europe to sell them a few times over.

Edited by Hollowpockets on Wednesday 6th January 22:46

mb1

579 posts

261 months

Thursday 7th January 2016
quotequote all
Hollowpockets said:
Fair point but i see no harm in a few cars ending up with these independents if the result is values start strong for the car.

Your kidding yourself if you think they struggled to sell them. My dealer has a list of people waiting for cancelled orders sold the 8 allocations they had before the Geneva launch. Also received enough serious Enquiries from around the UK and Europe to sell them a few times over.

Edited by Hollowpockets on Wednesday 6th January 22:46
I agree with the fact that the 675T coupes and spiders are in demand. It is a fact.

However, McLaren seems locked into this strategy to make everyone think that their limited editions are going like tickets to latest rock band. Meaning all sold before release or within days of release.
If it was really the case, then, they would not sell slots to independent dealers. That practice is even worse when you have genuine private customers on waiting list. This create a temporary and not long lasting bubble inflating prices before the cars are delivered.

If I was on the market for a 657LT spider and could only get one through an independent dealer at a high premium, I would not be happy.

The other problem is that because the situation is artificially helped by those practice, the prices are over inflated. Both the retail price (on the ground of exclusivity) and the second cost. But that will only hold for a short period of time.
I might be wrong and the 675s will be the best thing on the market for a long time, but my guess is that the interest will tumble as soon as the 12C/650 replacement is unveiled. And that is only 2 years away. At best.

Hollowpockets

5,908 posts

221 months

Thursday 7th January 2016
quotequote all
Whilst I agree with most of your comments re sales tactics etc I found it fairly easy to get my order for the coupe and turned down the option of a spider and I've never bought a mclaren before so there's no special treatment here.

I think the fact the LT in the UK will be 50 coupes and 50 spiders, some of which will export, it's going to hold its money. The 650 replacement (p14) will be the every day driver model which will be heavier, not track focuses, not limited and from what I've been told , the pricing will be higher as they have to make room for the 570. The (P14) LT version which will arrive in 3 years will be the track focused car that may affect the 675LT values if anything.

The P1 replacement should only be 6 years off wink