The real reason McLaren is undervalued so badly, and why used ones are big bargains

If you follow the world of supercars regularly, you have likely come across discussions about McLaren and its sharp consumption. as a brand, McLaren Brilliant, producing some of the most technologically advanced cars of the modern era.

However, the lists used paint a different picture. The value of McLaren, especially newer cars, is dropping dramatically. but why? It is in every way as good, if not better, in some respects than what Porsche, Lamborghini and Ferrari have to offer.

There’s a general consensus that McLarens aren’t aggressively built cars, which is a lot in a class reserved for the 1 percent rich. Others claim that this is the effect of building too many cars, destroying the supply-demand ratio, and resulting in poor waste. However, this is a boon for enthusiasts, as one can pick up a used McLaren at a huge discount.

After consulting with the market study before Quad MerchantMcLaren’s initial consumption is clearly very poor. But after such a decline, the price development is in line, if not better, for certain models of their direct competitors.

Values ​​look tempting after the initial drop, and we think it’s one of the best cars for this price. Here we go, detailing the used McLaren market.

A closer look at the McLaren 12C, 650S, 570S, 720S, and LT . series values

About 504 cars are for sale in the US market, but this includes the newly introduced 765LT as well. Prices for these things range from $600,000 to about $1 million, depending on mileage, specs, and model year. To make the graph appear less skewed, Quad Merchant He decided to exclude the Bonkers 765LT from his analysis.

From the graph, the main idea is that the main McLaren models range between $100,000 and $400,000, with used McLaren MP4-12Cs occupying the lower end and higher-spec 720S and low-mileage 675 LTs filling the upper end of the spectrum. In the middle, between $150,000 and $250,000, we find the lower range ($150,000-$200,000) reserved for the 650S and older 570S, while the higher range ($200,000 to $250,000) is occupied by the latest 570S and McLaren models. GT. Above the $250,000 mark and under $400,000, you’ll find the 675LT, 720S and 600LT, with MSO-spec cars getting a huge premium.

RELATED: HotCars Best Supercar of 2021: McLaren 765LT

How a used McLaren compares to competitors like the Ferrari 488, Porsche 911 GT3, and Audi R8

To see how McLaren car prices have evolved, the analysis takes into account a time frame between 2020 and 2022 – when used car prices were steadily rising. It can be seen that the prices of 12°C were rising at a rate of 21.6%. Not so long ago, you could have had 12°C for less than $85,000! Comparing the 12C’s increase rate to the first-generation Audi R8, whose price increase was 24.3%, you will notice that the McLaren performed rather poorly. However, the difference is not very large.

As for the 650S, prices are up 21.7%, while the 675LT has seen a 15.7% increase over the past two years. The 570S and 720S have a wider range thanks to the entry of newer models into the used market. To get a clearer picture, Quad Merchant Filtered from later model years to better understand price evolution.

From the updated chart, we can see that the prices of the 720S have increased by 24%, and the 570S has seen a price increase of 16.6%. That means you could have bought a 720S for $220,000 a couple of years ago, but in today’s market, the exact same model will cost you $280,000, which is still a lot of car for the money.

For comparison, the Ferrari 488 saw a 22.3% price increase, which is lower than the 720S. Prices for the second generation Audi R8 and Porsche 911 GT3 before the facelift increased by 22.6% and 24.5%, respectively. In comparison, the 650S and 570S are a little behind. But overall, we can see prices for used McLaren cars starting to stabilize.

RELATED: Feast your eyes on the McLaren 570S that exceeds its published top speed of 205.8 mph

Understanding the McLaren market and why it’s dropping so much

From the chart above, it is clear that the increase in supply combined with the newer model years is slowing down the price development. The number of 12C available for sale has decreased. The 650S and 570S have seen no change, while the available 675LTs and 720S models have risen significantly.

As for why most McLarens go down in value so much, it’s largely down to reliability, oversupply, and the fact that their entry-level cars are almost as good as the Super Series but cheaper. If the 570S has similar performance numbers, albeit with little difference, there is no real incentive to buy the 720S. Ferrari F8 Tributo does not offer you half the price. This has led to its market decline.

Also, desirability is key in this segment. Maybe that’s why the 600LT and 675 LT are among the best McLarens to park your money on. Both are proprietary and offer similar performance to the 720S without being too pricey.

Sources: Quadruple Roller

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