12c Spider values
Discussion
On speaking to the dealers its seems that 12c Spiders in particular are starting to increase in value. Dealers are paying more which is interesting.
Currently there are only 4 for sale on Pistonheads with demand high and cars being snapped up quickly.
I have always believed that after the horrible early depreciation the cars would be seen as a game changer and collectable in the future. The looks seem to be ageless even though at the time of purchase the 458 seemed prettier. Do you believe that finally the cars are getting the admiration that they deserve? Let me know what you feel.
What's your opinion on values in 1/3/5/10 years taking into account much poorer cars seems to attract high values.
I was one of the first to purchase the new age Mclarens and at the time was very frustrated at the lack of strategy of the car company to control the market like Porsche and their second hand market but with fantastic new models and great PR around the brand maybe it's time is coming!
Look forward to hearing from you and appreciate your feedback
Currently there are only 4 for sale on Pistonheads with demand high and cars being snapped up quickly.
I have always believed that after the horrible early depreciation the cars would be seen as a game changer and collectable in the future. The looks seem to be ageless even though at the time of purchase the 458 seemed prettier. Do you believe that finally the cars are getting the admiration that they deserve? Let me know what you feel.
What's your opinion on values in 1/3/5/10 years taking into account much poorer cars seems to attract high values.
I was one of the first to purchase the new age Mclarens and at the time was very frustrated at the lack of strategy of the car company to control the market like Porsche and their second hand market but with fantastic new models and great PR around the brand maybe it's time is coming!
Look forward to hearing from you and appreciate your feedback
There are only 280 12C coupes, they don't make them anymore and some prefer the looks to the 650S, which are also in short supply. There are no serious issues with the 12C's and all the minor niggles have been sorted out.
There must come a point where demand will exceed supply. Esp. when you consider a 570S can be specced up to £200k+ and does not have active aero and suspension. Getting a low mileage, fully serviced and warrantied 12C for almost half the price of a 570S must be good value and when something is good value they become popular!
As above, spider probably has seasonal fluctuations more than coupe.
There must come a point where demand will exceed supply. Esp. when you consider a 570S can be specced up to £200k+ and does not have active aero and suspension. Getting a low mileage, fully serviced and warrantied 12C for almost half the price of a 570S must be good value and when something is good value they become popular!
As above, spider probably has seasonal fluctuations more than coupe.
Edited by Bispal on Thursday 31st March 12:24
McLaren demand is increasing rapidly as the brand is growing.
The quality of the cars has never been in doubt but now the general public is waking up to how good they are relative to their Italian peers for whom you pay a hefty premium.
I have never doubted that 12C and 650S prices will be strong long term.
12c is definitely bouncing back now with short supply and summer season coming.
Given the prices of F430's what would you buy for the similar money because they are light years apart in both performance, quality, desirability and exclusivity
If not in 5 years, 10 years from now prices will be higher than now IMHO
The quality of the cars has never been in doubt but now the general public is waking up to how good they are relative to their Italian peers for whom you pay a hefty premium.
I have never doubted that 12C and 650S prices will be strong long term.
12c is definitely bouncing back now with short supply and summer season coming.
Given the prices of F430's what would you buy for the similar money because they are light years apart in both performance, quality, desirability and exclusivity
If not in 5 years, 10 years from now prices will be higher than now IMHO
I'll definitely buy another Mac but they do need to up there game with warranty & servicing...
Ferrari - 7 year servicing included, 4 yr warranty
Mac - 0 servicing included, 3 year warranty
Warranty on Mac 3.5k per annum, servicing, parts & repairs cost more on the Mac too...
Owning a Mac out of warranty is a risky business IMO, no specialists to speak of & a fairly small dealer network with little or no competition...
Ferrari - 7 year servicing included, 4 yr warranty
Mac - 0 servicing included, 3 year warranty
Warranty on Mac 3.5k per annum, servicing, parts & repairs cost more on the Mac too...
Owning a Mac out of warranty is a risky business IMO, no specialists to speak of & a fairly small dealer network with little or no competition...
ferdi p said:
I'll definitely buy another Mac but they do need to up there game with warranty & servicing...
Ferrari - 7 year servicing included, 4 yr warranty
Mac - 0 servicing included, 3 year warranty
Warranty on Mac 3.5k per annum, servicing, parts & repairs cost more on the Mac too...
Owning a Mac out of warranty is a risky business IMO, no specialists to speak of & a fairly small dealer network with little or no competition...
I wouldn't have got mine without a warranty, you just need to factor the costs in, £3,500 warranty and £1,500 service per year. That's £5k per year and with other running costs not too high combined with hopefully almost no depreciation the costs work out cheaper than a new boxster. Ferrari - 7 year servicing included, 4 yr warranty
Mac - 0 servicing included, 3 year warranty
Warranty on Mac 3.5k per annum, servicing, parts & repairs cost more on the Mac too...
Owning a Mac out of warranty is a risky business IMO, no specialists to speak of & a fairly small dealer network with little or no competition...
I think Thorney Motorsport can do servicing on McLarens?
The 12C may cost a little more than a 458 to warrant and service on paper but at the moment a 458 is costing, like for like, £30k more to buy than a 12C! Thats 6 years of 12C warranty and service costs :-)
I don't understand the fear of running a McLaren post warranty. Lots of early cars are now out of warranty with substantial mileages on them and there are very few if any horror stories that I am aware of.
I'm sure if the car had a full McLaren service history McLaren would come to the party with some goodwill in the worst event just to stop the bad publicity if nothing else.
I'd rather put the £3,500 pa away as a contingency fund
I'm sure if the car had a full McLaren service history McLaren would come to the party with some goodwill in the worst event just to stop the bad publicity if nothing else.
I'd rather put the £3,500 pa away as a contingency fund
Bispal said:
The 12C may cost a little more than a 458 to warrant and service on paper but at the moment a 458 is costing, like for like, £30k more to buy than a 12C! Thats 6 years of 12C warranty and service costs :-)
But chances are you will get your money back as the 458 will be worth proprtionately more than the 12c on resale.Great feedback from all of your.
I don't believe this is just a seasonal peak in values for the 12c.
Values haven't gone down since last October and with long lasting supercar looks, performance, the aero brake and first of the new game changing Mclarens I only see them going north.
The 570 is a fantastic car getting 5 stars everywhere but let's remember it approaches the 180-200k mark once extras are loaded meaning the same pricing as a the original 12c pricing.
The 570 Spider will be north of that and the the P14 I am reliably informed will be 300k plus so that does set the seen for the scene for future values of the 12c IMHO
I don't believe this is just a seasonal peak in values for the 12c.
Values haven't gone down since last October and with long lasting supercar looks, performance, the aero brake and first of the new game changing Mclarens I only see them going north.
The 570 is a fantastic car getting 5 stars everywhere but let's remember it approaches the 180-200k mark once extras are loaded meaning the same pricing as a the original 12c pricing.
The 570 Spider will be north of that and the the P14 I am reliably informed will be 300k plus so that does set the seen for the scene for future values of the 12c IMHO
Moishe123 said:
Great feedback from all of your.
I don't believe this is just a seasonal peak in values for the 12c.
Values haven't gone down since last October and with long lasting supercar looks, performance, the aero brake and first of the new game changing Mclarens I only see them going north.
The 570 is a fantastic car getting 5 stars everywhere but let's remember it approaches the 180-200k mark once extras are loaded meaning the same pricing as a the original 12c pricing.
The 570 Spider will be north of that and the the P14 I am reliably informed will be 300k plus so that does set the seen for the scene for future values of the 12c IMHO
I bought my 12C Spider in December, sold in late August & pretty much lost sod all...I don't believe this is just a seasonal peak in values for the 12c.
Values haven't gone down since last October and with long lasting supercar looks, performance, the aero brake and first of the new game changing Mclarens I only see them going north.
The 570 is a fantastic car getting 5 stars everywhere but let's remember it approaches the 180-200k mark once extras are loaded meaning the same pricing as a the original 12c pricing.
The 570 Spider will be north of that and the the P14 I am reliably informed will be 300k plus so that does set the seen for the scene for future values of the 12c IMHO
I'm sure you wont sell in deep winter but get a trade bid & you'll be surprised how much these cars 'swing' seasonally!
Whatever you choose, you're gonna love it
I bought my 12c spider in Jan - At the time it was one of the most expensive 12C's around - mid £130's (12k miles, warranty , new tyres, one owner, medium spec etc)- it now looks like one of the cheapest spiders around ??
If I sold it today I would not know what to replace it with, I would be tempted by a 650s spider but cant justify the £40k uplift....458 is a lesser car (but bigger badge appeal), but like for like, once again £50k more.
My prediction is values will stay pretty much where they are (or gently decline as normal) ....subject to us not suffering a huge economical melt down.
I think the thing that has really helped 12c values, is the release of the 675lT, the rave reviews and the premium prices being fetched, this shored up the 650s, which shored up the 12c.
If I sold it today I would not know what to replace it with, I would be tempted by a 650s spider but cant justify the £40k uplift....458 is a lesser car (but bigger badge appeal), but like for like, once again £50k more.
My prediction is values will stay pretty much where they are (or gently decline as normal) ....subject to us not suffering a huge economical melt down.
I think the thing that has really helped 12c values, is the release of the 675lT, the rave reviews and the premium prices being fetched, this shored up the 650s, which shored up the 12c.
ferdi p said:
I'll definitely buy another Mac but they do need to up there game with warranty & servicing...
Ferrari - 7 year servicing included, 4 yr warranty
Mac - 0 servicing included, 3 year warranty
Warranty on Mac 3.5k per annum, servicing, parts & repairs cost more on the Mac too...
Owning a Mac out of warranty is a risky business IMO, no specialists to speak of & a fairly small dealer network with little or no competition...
Totally agree...Ferrari - 7 year servicing included, 4 yr warranty
Mac - 0 servicing included, 3 year warranty
Warranty on Mac 3.5k per annum, servicing, parts & repairs cost more on the Mac too...
Owning a Mac out of warranty is a risky business IMO, no specialists to speak of & a fairly small dealer network with little or no competition...
McLaren need to address a number of issues relating to earlier cars which in turn will further strengthen brand values all the way up to the newer models.
First start by removing some of the barriers preventing decent indies from servicing earlier cars i.e.12C's as the current dealer network are already struggling to cope without an influx of the newer models coming through. With a lack of competition some have adopted a "take it or leave it" attitude with servicing,resulting in some owners feeling they are paying through the nose for average service that takes too long.
Warranties are felt necessary as an insurance policy to cover the threat of a possible gearbox replacement or over inflated prices for replacing electrical component failures which frankly shouldn't be happening in the first place.
Out of the gang who bought cars over the last 3/4 months, quite a few have already had their cars in for rear light failures, door locking issues, paint problems and other snags which should have been sorted years ago and inspire little confidence of going it alone without warranty.
Bring in some indies, reduce service costs, nail these daft issues for once and all, then the confidence for the brand at this level will drive up demand, strengthen prices further for 12C's and ensure newer models don't depreciate the same way.
Owners talk, manufacturers need to listen and act.
(BTW... The cars are still special, very special!)
Edited by V8FSI on Thursday 31st March 21:17
Indies are definitely needed if only to lighten the load on the very small dealer network.
Don't really see the current super series going up too much as there isn't any usp to justify any significant price rise. It looks like, as others have said, these cars have reached a level where it looks much better value compared to similar or lesser cars. Also wouldn't buy without a warranty as fixes outside of warranty can easily go north of £3500
Don't really see the current super series going up too much as there isn't any usp to justify any significant price rise. It looks like, as others have said, these cars have reached a level where it looks much better value compared to similar or lesser cars. Also wouldn't buy without a warranty as fixes outside of warranty can easily go north of £3500
Moishe123 said:
On speaking to the dealers its seems that 12c Spiders in particular are starting to increase in value. Dealers are paying more which is interesting.
Show me how values are increasing? What proof do you have that dealers are paying more?Threads like these need numbers£££ otherwise they are just wishful thinking....
The ferraghini car (McLaren Orange) has been for sale for ages and I don't remember it any cheaper than its current price of £134k.
Edited by TP321 on Thursday 31st March 23:11
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