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kmr

600LT Versus others....?

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So the McLaren 600LT has caught my eye. But how do they compare to other cars? Huracan Performante, 488 what other direct "exotic" competitors? Worried about taking a bath with the typical McLaren depreciation. Thoughts? 

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I cant really think of any others that you havent posted other than a 720S.  Performante has been out for a little bit, but seems like they are fetching good money still. 720S has maybe depreciated some since the spider just came out. 600LT is more racy though, if thats what you want I think your only other choice is Performante. Maybe a GT3 or a Carerra T/Turbo S. 

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every car you're going to lose money some more than others. 600 is more a track car like the GT3/ RS . they say 720 is faster but not as fun as 600.

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They're offering incredible lease deals on them right now - 0 down 2500 a mo. I was honestly tempted - they're little pocket rockets.

With that said leasing seems a real waste when for the dough over the years -  you could buy a gated gallardo vert for example and have little depreciation and it's money in the bank when you want to sell.

I wouldn't buy a Mclaren tbh - horrific depreciation and the hearsay on QC and the constant issues across all models doesn't give me the required faith in the brand. I do, however, believe that when they are problem free they are incredible cars. It's just how often will that be?

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I would wait it out and let prices fall even further because they will.

There's an used one listed up here in Canada, Senna seats, black with red interior, very nice spec. Seller paid $355k a few months back and is now willing to let it go for $300k. Brutally depreciation.

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600LT isn't that much special than a 570S with a tune. It has three things that make it or break it. The exhaust placement (which has a huge risk for fire). The MSO roof scoop, which let's be honest makes the looks of the car and is a rare ridiculously expensive option. Same with those Senna seats. Driving wise you would get a similar experience with a 570S (which has some insane deals atm) with an aftermarket spoiler and exhaust. 

The only competitor to the 600LT I see is the Performante which in truth is the better car overall. It has a more advanced aero system, it handles better, it is faster, it sounds way better and looks in my opinion a lot better than the 600LT. The only thing that comes to mind that 600LT has over the Performante is practicality. 

These are my thoughts, from the short experience with both cars. And yes, beware of that McLaren depreciation. 

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Brit where were you seeing leases for $2500? That seems like a steal! Hear ya guys on the Performante. Just something about the looks, doors etc I love about the Mac..... Hmmm 

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2 hours ago, kmr said:

Brit where were you seeing leases for $2500? That seems like a steal! Hear ya guys on the Performante. Just something about the looks, doors etc I love about the Mac..... Hmmm 

Its a moronic lease. 48 months $2500 plus tax... 2500 miles a yr. 

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On 8/13/2019 at 1:30 PM, Allan-Herbie said:

Its a moronic lease. 48 months $2500 plus tax... 2500 miles a yr. 

 

10 hours ago, Destructo said:

Do people actually do those terms?! That's just over 50 miles a week allowance! How stupid.

 

simple math. if you buy the car outright say 280k in 4 years it's worth 120-140 loss of 140k on 10,- 20,000 miles

if you lease 2500 x 48 = 120k if you do additional 10k miles at $1 a mile that's 130k so it's the same crap.

some people prefer to lease and take the 280k and invest it, let the money earn and make you more money. 8-12% a year

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48 minutes ago, LamboJoe said:

 

simple math. if you buy the car outright say 280k in 4 years it's worth 120-140 loss of 140k on 10,- 20,000 miles

if you lease 2500 x 48 = 120k if you do additional 10k miles at $1 a mile that's 130k so it's the same crap.

some people prefer to lease and take the 280k and invest it, let the money earn and make you more money. 8-12% a year

Yes I understand the math. I personally would rather buy a $130k car that was a $300k car that at the end of the 4 year term is still worth $130k 

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11 hours ago, Allan-Herbie said:

Yes I understand the math. I personally would rather buy a $130k car that was a $300k car that at the end of the 4 year term is still worth $130k 

No warranty buying and selling is a lot of brain damage and we all know maintenance isn't cheap. 

Lease run thru a company full warranty new car - two different thought processes. 

Wheeling and dealing on a used McLaren - mine listed 310k bought it for 230k with 1000 miles 18 months later sold it for 165k 3500 miles and spent 10k on maintenance. 

Some brands - it's better to lease Mac is one of them. 

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6 hours ago, Nuvolari612 said:

mine listed 310k bought it for 230k with 1000 miles 18 months later sold it for 165k 3500 miles and spent 10k on maintenance. 

 

What did $10k get you?

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21 hours ago, Nuvolari612 said:

No warranty buying and selling is a lot of brain damage and we all know maintenance isn't cheap. 

Lease run thru a company full warranty new car - two different thought processes. 

Wheeling and dealing on a used McLaren - mine listed 310k bought it for 230k with 1000 miles 18 months later sold it for 165k 3500 miles and spent 10k on maintenance. 

Some brands - it's better to lease Mac is one of them. 

Damn thanks for the insight and information. Crazy how they depreciate. I am seeing like ~$30k off new sticker. Was thinking of going used however new ones are looking more and more attractive. 

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On 8/12/2019 at 10:26 PM, LA_Brit said:

They're offering incredible lease deals on them right now - 0 down 2500 a mo. I was honestly tempted - they're little pocket rockets.

With that said leasing seems a real waste when for the dough over the years -  you could buy a gated gallardo vert for example and have little depreciation and it's money in the bank when you want to sell.

I wouldn't buy a Mclaren tbh - horrific depreciation and the hearsay on QC and the constant issues across all models doesn't give me the required faith in the brand. I do, however, believe that when they are problem free they are incredible cars. It's just how often will that be?

 

What a terrible deal...

A 4 year lease with mileage restriction that locks you into a car for 4 years that offers no real savings over purchasing the car outright as far as I can tell. Leased exotics are for people with A) more money than sense, and B) idiots. I have never seen a lease deal on an exotic car that was better than just buying outright, especially if you're buying used (and you should buy used because you can't spec a leased car anyway).

A used 600LT is $250,000 already. I assure you that car won't be $130,000 in 4 years given that 4 year old, much cheaper used 570S are still more than $130,000...

 

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On 8/15/2019 at 10:33 AM, Nuvolari612 said:

No warranty buying and selling is a lot of brain damage and we all know maintenance isn't cheap. 

Lease run thru a company full warranty new car - two different thought processes. 

Wheeling and dealing on a used McLaren - mine listed 310k bought it for 230k with 1000 miles 18 months later sold it for 165k 3500 miles and spent 10k on maintenance. 

Some brands - it's better to lease Mac is one of them. 

 

No idea how you lost $70,000 in 18 months on a 12C or 650S unless you significantly overpaid.

Poor residuals is not the reality anymore. That happened with the 12C and 650S, but nothing since. The 720S is 2 years old now in the US and they are still $260,000+ for most. I've been browsing for a while now and the prices have been consistently firm relative to the segment. You only lose excessive on a new McLaren nowadays if you go overboard on spec. There is no difference in residual between a $380,000 car and a $330,000 car, but there is also no real difference between the cars either.  Comes down purely to personal taste.

Launch car 570S are $80-100,000 under sticker 4 years later.
Launch car 720S are $70-80,000 under sticker 2 years later.

This is no different than any exotic in their respective price range. Performantes and Aventadors are not really any better. Barely used Performantes are $50,000-60,000 under MSRP. Aventadors can be $100,000 under MSRP for even the "limited" SV models.

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3 hours ago, exitr said:

 

What a terrible deal...

A 4 year lease with mileage restriction that locks you into a car for 4 years that offers no real savings over purchasing the car outright as far as I can tell. Leased exotics are for people with A) more money than sense, and B) idiots. I have never seen a lease deal on an exotic car that was better than just buying outright, especially if you're buying used (and you should buy used because you can't spec a leased car anyway).

A used 600LT is $250,000 already. I assure you that car won't be $130,000 in 4 years given that 4 year old, much cheaper used 570S are still more than $130,000...

 

Everything I have seen essentially lets you hedge the risk of the value of the car down the road. Obviously this depends on open end or close end leases. A lot of the companies have no fees for early termination and miles are not really a concern as most dont last 4 years and just retail the car out of the lease. You can spec what you want car wise. 

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