Is now a good time to buy a used 600L?

Is now a good time to buy a used 600L?

Author
Discussion

Ethera

Original Poster:

20 posts

40 months

Friday 4th February 2022
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Am currently thinking about buying a used 600LT at around £145k or a 570S with MSO spoiler (a spoiler is a must) for around £100k.

What are peoples thoughts on the two options?

Whilst the 570 will be around £45k cheaper, I just lust after the 600LT due to its better styling and top exhaust.

My thinking is that over 5 yrs of ownership both will cost pretty much the same as the higher residuals of the 600LT will offset the higher purchase price.

Do you think the 600LT will actually appreciate in value over time given its limited production run and therefore numbers?

I can't ever see the 600LT drop below £100k so even a £45k hit over 5 yrs would not too bad.

anonymous-user

61 months

Friday 4th February 2022
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600LT is an incredible car that took a massive initial hit but like everything else has gone up since. You have missed the low point by about £20k but that said it still represents incredible VFM IMHO.

Is it worth 50% more than standard car, probably yes overall if the rawer more edgy drive appeals but as regards to appreciation you can rule that out as there are far too many 600LT's that were built at circa 3,500 worldwide.

As a car buy it and enjoy it but as an investment forget it.

All that said a 570S will give you 90% of what the LT does and be more useable on a daily basis and probably lose less in £ note terms overall at £100k v £150k but you would expect that

No warranties or guarantees given just my humble opinion which I'm sure others will poo poo

MDL111

7,169 posts

184 months

Friday 4th February 2022
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I think if you can afford the difference and go for the one that makes your heart beat faster. I really like the 600 LT and would quite like one
Good luck

JPCGT

199 posts

152 months

Friday 4th February 2022
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I'd personally await the outcome of the much rumoured VAG interest in McLaren before committing, as this may effect desirability/residuals.

Streetbeat

1,071 posts

83 months

Friday 4th February 2022
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From a 570s owner perspective.

I asked this question to myself a lot as the next logical jump up the Mclaren food chain, i listened to 600LT owners on here as well.

The main problem for me is you are into 720s money, ok i appreciate the 720s is a very different model, but its easier for me to justify the 50% extra for the increased performance and different driving characteristics, i.e suspension and i also love the look of it. I also appreciate the 720s isnt a ltd numbers car, however i wouldnt have bought a 570s if that worried me, its hardly like you see handfuls of any on a daily basis. There are 22 coupe 600LT', 28 570s coupes for sale on here, its not like 675lts rarity for example.

It seems the 600LT owners appreciate the increased rawness of the model over the 570, pending on your driving (road,track) performance gains are neglible, except on track, where even then its not night and day, just enhanced, however that seems a lot to do with the increase in noise and seating. So this is where i may be lucky, i have the 570s track pack, which includes the carbon buckets, this offers a much more connected feel when encased in them than a std sport seat. Hands up i have never driven a 600lt and its definitely on the list before a ultimate decision is made, but i have driven a 720s which was noticeably different, i really cant see the 600lt being noticeably different to the 570s with track pack, its the same chassis with stiffer springs and slightly quicker steering allegedely,

But 600lt looks great, read better, I love the back/side end especially the top mount exhaust, that said i prefer the front of the 570s and most definitely the 620R front.

Sorry for the lengthy post, i think if was in the market for either straight of the bat, i would go drive both and throw in a 720s drive as well. If you are local to Dorset you would be more than welcome to jump in with me if it helps and guessing there are owners of the others who would happily help out too if you cant get a test drive.

You wouldnt be unhappy with either choice in all honesty, the best car i have owned in every way.




Edited by Streetbeat on Friday 4th February 16:37

samjlevy

271 posts

83 months

Friday 4th February 2022
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600LT’s weren’t limited in production numbers like the 675LT / 765LT so don’t expect them to hold value as well, although they were only produced for around 12 months so numbers are still pretty low. That being said they are fantastic cars, and definitely worth the extra over a 570. It was between a 600LT or 720s for me, I decided to go 720 as it will mainly be a road car with a few track days, but it was a very close call. Don’t obsess too much over the residuals, just buy the one you like most and enjoy it, if you don’t lose any money, great, if you do at least you have done it with a smile on your face!

Edited by samjlevy on Friday 4th February 17:12

964Cup

1,521 posts

244 months

Friday 4th February 2022
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+1 for the 720. Unless your main use case is the track, the same or similar money presently buys you more usability, more performance and cleverer suspension, plus better electronics if that's a concern.

LotusJas

1,345 posts

238 months

Friday 4th February 2022
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600LT is an amazing car. I loved it when I drove one. Spider is a lot of fun, with those exhaust exits behind your head. It's the more fun choice.

720S is a lot quicker and more capable in range of capabilities. Best series supercar under £1m of the last 5 years IMO, by a long way. But less fun than 600LT.

Drive both, decide your type of usage, and pick the one you prefer. There is no bad choice here.

anonymous-user

61 months

Saturday 5th February 2022
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A lot of love for the McLaren 720S and makes it even stranger why they don't hold their values.
What was the low point ?
£130k for a 2 Yr old car listing at £280.
Ridiculously good buy at that sort of money and light years ahead of anything else at that price.
Values have gone up and stabilised since but still cracking value if you want an all rounder that is a little less engaging than a LT.
But then again LTs are special

tyrrell

1,687 posts

215 months

Saturday 5th February 2022
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I’ve gone from a 720S coupe to a 600LTS I would never go back smile

Rocketreid

655 posts

79 months

Saturday 5th February 2022
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In answer to your question:

It Probably is, however no one should really purchase a Supercar like a McLaren and I expect it not to lose some cash if sold.

ICE Supercars and cars like Lotus have gone up in price in recent months but who knows where this will go in the future, as far too many factors either way to predict.

I have had a 570s, 600LT and a 720s, the first 2 lost me a fair bit when I sold them but the 720s has gone up a fair bit should I sell it.

The main factor is how they make you feel. For me the 570sTP was probably my favourite, not too much money tied up in it, a great road car, however compromised on track. The 600LT was the opposite and for me a bit to raw as I have other raw cars but the looks for me are amongst Mac’s finest.

My 720 is to some degree a better car, certainly faster, very composed on UK roads but I haven’t necessarily found the connection I had with my 570.

It is certainly imo a better road car than a 600LT but not so enjoyable on track, which is where the 600LT shines. I’m not into Spiders so for me a 600LT Coupe Clubsport if you intend regular tracking is the sweet spot

Edited by Rocketreid on Saturday 5th February 08:49

champ19ns

162 posts

108 months

Saturday 5th February 2022
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Lots of 600LTs going back after the crazy 2 year deals McLaren were doing so I’d be wary there’s a fair chance of a few dogs around. Also, depending how quickly these cars come back on the market, I think the supply will increase and therefore affect prices negatively (or positively if buying)

I’d also want to see what happens with the company as they are a complete stshow and need buying out pretty sharpish.

Car is amazing. I loved mine


anonymous-user

61 months

Saturday 5th February 2022
quotequote all
champ19ns said:
Lots of 600LTs going back after the crazy 2 year deals McLaren were doing so I’d be wary there’s a fair chance of a few dogs around. Also, depending how quickly these cars come back on the market, I think the supply will increase and therefore affect prices negatively (or positively if buying)

I’d also want to see what happens with the company as they are a complete stshow and need buying out pretty sharpish.

Car is amazing. I loved mine
Yeah good point hence why there are few around with high ish miles on them.
People have basically rented them for 2 years and tried to max the mileage allowance before handing back.
At on stage values were £20k below the MGFV but its more in line now.
Still it was a good PCP deal with known cost over 2 years. Owners will have the dilemma of re financing or handing back now, whereas before it was a no brainer to walk away

Streetbeat

1,071 posts

83 months

Saturday 5th February 2022
quotequote all
Ethera said:
I can't ever see the 600LT drop below £100k so even a £45k hit over 5 yrs would not too bad.
Apart from my post above i think you are right there, but imo i do see the 600 ending up somewhere between the 570s and 720s as things level off over time, purely speculation but thats where i see it in the future.

Sarnie

8,155 posts

216 months

Sunday 6th February 2022
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Ethera said:
Am currently thinking about buying a used 600LT at around £145k or a 570S with MSO spoiler (a spoiler is a must) for around £100k.

What are peoples thoughts on the two options?

Whilst the 570 will be around £45k cheaper, I just lust after the 600LT due to its better styling and top exhaust.

My thinking is that over 5 yrs of ownership both will cost pretty much the same as the higher residuals of the 600LT will offset the higher purchase price.

Do you think the 600LT will actually appreciate in value over time given its limited production run and therefore numbers?

I can't ever see the 600LT drop below £100k so even a £45k hit over 5 yrs would not too bad.
If you can afford the 600LT then do it.

But it really depends on how you will use the car. if it's a daily, going to work in it, get the 570s. great car.

If you want a raw experience, Sunday blast in the sun, get the 600LT.

Ferruccio

1,840 posts

126 months

Sunday 6th February 2022
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Ethera said:
I can't ever see the 600LT drop below £100k so even a £45k hit over 5 yrs would not too bad.
I’m not sure that that’s right.

Modern cars are very complicated, so will get ever more expensive to maintain as they age.
There is also an endless supply of new cars.
There just may not be enough people to pay a capital sum and maintain them, so prices may get very low in time.

Older, “classic” cars are much simpler and were made in much smaller numbers.

Streetbeat

1,071 posts

83 months

Sunday 6th February 2022
quotequote all
Ferruccio said:
I’m not sure that that’s right.

Modern cars are very complicated, so will get ever more expensive to maintain as they age.
There is also an endless supply of new cars.
There just may not be enough people to pay a capital sum and maintain them, so prices may get very low in time.

Older, “classic” cars are much simpler and were made in much smaller numbers.
They may be complicated but are infintely more reliable than "classics" and with the world and manufacturers pushing ev or the very least hybrid, ice supercars (at present) are doomed to the history books, unless there is a radical intervention or tech.

The 12c has been stable on price for a while now as a direct example, i really cant see any current supercars dropping off the cliff with depreciation as the choice gets less and less.

anonymous-user

61 months

Sunday 6th February 2022
quotequote all
There is also not going to be an endless supply of new cars like this going forward.

In fact there isn't going to be an endless supply of any new cars full stop for the conceivable future with chip shortages.
Your average EV uses 10 x as many chips as an ICE car so the shortage could go on for years.

If I had the capital I would be growing as many potatoes as I could

sparta6

3,734 posts

107 months

Sunday 6th February 2022
quotequote all
Ferruccio said:
I’m not sure that that’s right.

Modern cars are very complicated, so will get ever more expensive to maintain as they age.
There is also an endless supply of new cars.
There just may not be enough people to pay a capital sum and maintain them, so prices may get very low in time.

Older, “classic” cars are much simpler and were made in much smaller numbers.
100%

Old 250's are still going strong and cheap as chips to maintain, relatively speaking.


Ferruccio

1,840 posts

126 months

Sunday 6th February 2022
quotequote all
Streetbeat said:
They may be complicated but are infintely more reliable than "classics" and with the world and manufacturers pushing ev or the very least hybrid, ice supercars (at present) are doomed to the history books, unless there is a radical intervention or tech.
1. Reliable but not durable
2. I suspect that EVs will turn out to be the equivalent of Betamax videos and that the future will be hydrogen.