Discussion
So, got close to buying a new 650 coupe this week, not a spider guy!.....great spec car, however when it actually came down to sticking my hand up for the car I couldn't do it!.......couldn't get my head round how a new car with 40k plus discount from its list price would fare if I decided I wanted out of it at the end of the year.....my guess would have been a 25/30k loss give or take......the used 14/15 coupes seem to be sticking at the 165/170k mark with dealer stock not moving....I was told 650 production is finished now and it's just 675 spiders that are on the line, so does this fact and the incoming P14 apparently to be priced significantly higher firm up the 650? The dealers I have spoken to, also give wildly different information regarding servicing costs, can anyone that has one let me know what to expect for the servicing costs?
Servicing costs is around £1500.-£2000.00 a year, so inline with most cars of this type.
If you want it and can do it I would, the more time you spend with the car the better you will find it to be.
I bought a 12c spider in 2014 and have recently changed to a 650S spider. They are amazing cars, probably the best car I have driven to date.
The performance and handling are epic, you won't regret it and I'll be surprised if you want out of it after a Year.
As far as depreciation is concerned, unless your first I to the new latest best car to be launched it's always pretty much going to happen unless you are very lucky.
Now that 650S production has pretty much finished and the new P14 should be launched at Geneva next year I think residuals will hold firm and if anything increase. My reasoning behind this is from what I hear P14 will be north of 300k base price befor you start with options, so it has to raise residuals on the 650S.
Good luck and I hope you enjoy it should you decide to go over to the dark side.
If you want it and can do it I would, the more time you spend with the car the better you will find it to be.
I bought a 12c spider in 2014 and have recently changed to a 650S spider. They are amazing cars, probably the best car I have driven to date.
The performance and handling are epic, you won't regret it and I'll be surprised if you want out of it after a Year.
As far as depreciation is concerned, unless your first I to the new latest best car to be launched it's always pretty much going to happen unless you are very lucky.
Now that 650S production has pretty much finished and the new P14 should be launched at Geneva next year I think residuals will hold firm and if anything increase. My reasoning behind this is from what I hear P14 will be north of 300k base price befor you start with options, so it has to raise residuals on the 650S.
Good luck and I hope you enjoy it should you decide to go over to the dark side.
Why not buy one of the used or more like per registered ones from McLaren and let someone else or the dealership take the loss ?
I don't know but recon a good deal could be had on a 650, they were offering incentives like all options at "cost" end of last year.
Or try a 12c for a few months who's prices are rock solid now and then trade up to a 650 ?
I don't know but recon a good deal could be had on a 650, they were offering incentives like all options at "cost" end of last year.
Or try a 12c for a few months who's prices are rock solid now and then trade up to a 650 ?
TISPKJ said:
Why not buy one of the used or more like per registered ones from McLaren and let someone else or the dealership take the loss ?
I don't know but recon a good deal could be had on a 650, they were offering incentives like all options at "cost" end of last year.
Or try a 12c for a few months who's prices are rock solid now and then trade up to a 650 ?
Deal offered on a brand new unregistered 650 coupe was 48k off list....think that has to be close to the cost price to the dealer, certainly no meat on the bone.....12c I have considered as an introduction,but the ones that I have seen have been a bit rough, have spoken to Alistair Bols, so will see where that goes.I don't know but recon a good deal could be had on a 650, they were offering incentives like all options at "cost" end of last year.
Or try a 12c for a few months who's prices are rock solid now and then trade up to a 650 ?
col68 said:
.......couldn't get my head round how a new car with 40k plus discount from its list price would fare if I decided I wanted out of it at the end of the year.....my guess would have been a 25/30k loss give or take.....
Natural of course. If you were offered a year old example with 4/5k miles at the same price as a brand new one wouldn't look twice, there has to be a cost to having a new car and putting miles on it. Dealer has to make a profit. Now, when there are no more 650's available and the replacement is considerably more they could/will firm up. Then the only options are another make or a new 570 which is far harder to compare (than new or used same car).
Therefore in my (humble and somewhat biased) opinion in a year or two they will hold up well, above the 12c (a bit more power, newer, looks subjective) and a good saving over the replacement.
Where that puts them exactly? Who knows. Far too many influencing factors to accurately call but I think that current used prices will be maintained.
Of course that would mean your call will have cost you some depreciation - but you've had the Privilege of being the first owner and you've enjoyed it. And they're bloody brilliant cars!
Hope you buy it, hope you enjoy it
col68 said:
Deal offered on a brand new unregistered 650 coupe was 48k off list....think that has to be close to the cost price to the dealer, certainly no meat on the bone.....12c I have considered as an introduction,but the ones that I have seen have been a bit rough, have spoken to Alistair Bols, so will see where that goes.
And you didn't buy it 
That's a fantastic offer and unlikely to be repeatedWould suggest £48k off is one hell of a deal as dealer margin is 15% max so typically £35k.
Are you sure it wasn't pre registered as a demo. The only other reason they would of wanted to off it at that price might be to reduce their inventory at financial year end.
The boat may have sailed on that opportunity now but if it hasn't I would snap their hands off now.
Regards prices gemerally they can only firm up IMHO, both short and long term for many reasons.
Lack of stock, ceased production, punters realisation of how good they are, P14 price > £300k, Lambo and Ferrari comparative prices, Brand strengthening, increasing demand
It all sounds logical to me and the only thing that baffles me is the current prices being so low but I'm sure they wont be for long. I'm a serial car changer normally getting bored after 12 months and wanting the next biggest and best thing but TBH I haven't even considered it with the 650S spider.
Its such an accomplished all round car there is nothing that can replace it IMHO and its a keeper along with my F355 GTS.
I wasn't even tempted at a 488 spider regardless of the £100k more required for an inferior product IMHO
Edited by RamboLambo on Sunday 24th April 17:52
col68 said:
TISPKJ said:
Why not buy one of the used or more like per registered ones from McLaren and let someone else or the dealership take the loss ?
I don't know but recon a good deal could be had on a 650, they were offering incentives like all options at "cost" end of last year.
Or try a 12c for a few months who's prices are rock solid now and then trade up to a 650 ?
Deal offered on a brand new unregistered 650 coupe was 48k off list....think that has to be close to the cost price to the dealer, certainly no meat on the bone.....12c I have considered as an introduction,but the ones that I have seen have been a bit rough, have spoken to Alistair Bols, so will see where that goes.I don't know but recon a good deal could be had on a 650, they were offering incentives like all options at "cost" end of last year.
Or try a 12c for a few months who's prices are rock solid now and then trade up to a 650 ?
I know McLaren were offering a deal on new 650 with any options at cost just before Xmas
mikey k said:
There are a lot less coupes out there
I was told 08% are spiders as there is no rigidity reduction from losing the roof
Some might say that makes them rarer and worth more other might say that makes them less desireable?
The spider may well have the same rigidity levels, but I spent a bit of time looking at the coupe/spider this afternoon and have to say that in my eyes the coupe has the purer shape.....watch this space, probably will have to put my apprehensions to one side regarding residuals and just buy the bloody thing!I was told 08% are spiders as there is no rigidity reduction from losing the roof
Some might say that makes them rarer and worth more other might say that makes them less desireable?
col68 said:
The spider may well have the same rigidity levels, but I spent a bit of time looking at the coupe/spider this afternoon and have to say that in my eyes the coupe has the purer shape.....watch this space, probably will have to put my apprehensions to one side regarding residuals and just buy the bloody thing!
The thing is with the hard roof and the carbon tub a Spider with the roof up basically is a Coupe. Even if you don't want open top driving with deals like that to be had I would definitely go for the Spider, even if you only use it on road trips or whatever. It's 2 cars.I think Boshly and RamboLambo have said it all really.
Re Alistair Bols, that who I sold my 12C spider with and also purchased my 650S from, got a great deal both ways and it cost me £28,000 to change.
Top guy to deal with, I can thoroughly recommend him to deal with.
If it were me I would seriously consider a good used car, my spider was 278k new September 2014, I bought it 6 weeks ago for 174k with 6400 miles on it.
I can't really see the 650s losing much more in value now that production has stopped and I cant see myself selling mine as i couldn't find another car as good at my budget.
My advise is buy one while you till can.
Re Alistair Bols, that who I sold my 12C spider with and also purchased my 650S from, got a great deal both ways and it cost me £28,000 to change.
Top guy to deal with, I can thoroughly recommend him to deal with.
If it were me I would seriously consider a good used car, my spider was 278k new September 2014, I bought it 6 weeks ago for 174k with 6400 miles on it.
I can't really see the 650s losing much more in value now that production has stopped and I cant see myself selling mine as i couldn't find another car as good at my budget.
My advise is buy one while you till can.
col68 said:
mikey k said:
There are a lot less coupes out there
I was told 80% are spiders as there is no rigidity reduction from losing the roof
Some might say that makes them rarer and worth more other might say that makes them less desireable?
The spider may well have the same rigidity levels, but I spent a bit of time looking at the coupe/spider this afternoon and have to say that in my eyes the coupe has the purer shape.....watch this space, probably will have to put my apprehensions to one side regarding residuals and just buy the bloody thing!I was told 80% are spiders as there is no rigidity reduction from losing the roof
Some might say that makes them rarer and worth more other might say that makes them less desireable?
The coupe always looks better because of the more flowing roof line BUT you just don't get the sound, smell or views
I'm with you on the depreciation - get it bought and enjoy!
br d said:
col68 said:
The spider may well have the same rigidity levels, but I spent a bit of time looking at the coupe/spider this afternoon and have to say that in my eyes the coupe has the purer shape.....watch this space, probably will have to put my apprehensions to one side regarding residuals and just buy the bloody thing!
The thing is with the hard roof and the carbon tub a Spider with the roof up basically is a Coupe. Even if you don't want open top driving with deals like that to be had I would definitely go for the Spider, even if you only use it on road trips or whatever. It's 2 cars.Regarding values - past is not always a good indicator of the future, but It would not surprise me if a car that dropped this much value in the past will continue to drop going forward.
The initial drop is always the worst but if you can get £48k off that's pretty much the first year for free in my books.
12C values have bottomed out and rebounded a bit now and will always underpin 650s.
As andyferrari has said a lightly used nearly new 1 year old car £100k under list has got to be a bargain and given competitor prices cant drop an awful lot lower for a while.
Its all about timing with these cars and as demand increases and supply reduces I predict strong residuals for the foreseeable future
12C values have bottomed out and rebounded a bit now and will always underpin 650s.
As andyferrari has said a lightly used nearly new 1 year old car £100k under list has got to be a bargain and given competitor prices cant drop an awful lot lower for a while.
Its all about timing with these cars and as demand increases and supply reduces I predict strong residuals for the foreseeable future
Edited by RamboLambo on Sunday 24th April 18:01
With the dealer offering a 48k discount tells you all you need to know. Unless they have a financial year end coming up soon and are in desperate need of cash it pretty much tells you that these cars have have further to go in terms of depreciation. Wait out the summer and buy in November - then you will see the right price. I think we are in an all time high in terms of residuals on cars and it can only go south from here. Low interest rates have made these cars "affordable/obtainable" for a large part of buyers who wouldn't even have considered a 200k car 2-3 year ago.
This. I laugh at the comments the 650S replacement will be 300k. Really ? Against a 488 ?
I prefer the coupé as I don't like the shut lines of the spider's roof and it will be rarer.
And don't forget the new TVR
I prefer the coupé as I don't like the shut lines of the spider's roof and it will be rarer.
And don't forget the new TVR
hornbaek said:
With the dealer offering a 48k discount tells you all you need to know. Unless they have a financial year end coming up soon and are in desperate need of cash it pretty much tells you that these cars have have further to go in terms of depreciation. Wait out the summer and buy in November - then you will see the right price. I think we are in an all time high in terms of residuals on cars and it can only go south from here. Low interest rates have made these cars "affordable/obtainable" for a large part of buyers who wouldn't even have considered a 200k car 2-3 year ago.
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