McLaren Market Update | Must Knows Before Buying

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  • Опубліковано 1 чер 2024
  • The depreciation rate in the McLaren market decreased during the last six months. This has important implications for value conscious buyers, sellers, and owners.
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    Quarterly car market updates: • Car market deep dives
    McLaren lost only 7.5% and this means that the depreciation decreased compared to six months ago. The rate is now aligned to the rest of the market. Moreover, the depreciation dynamics are in line with what can be expected; Old cars are depreciating slower than new cars.
    If you are a buying and have been patiently waiting for the end of the above average correction, now might be a good time to explore the market. Sellers in turn should take note of the differences in depreciation rates.If you are owner who cares about values and have been anxiously following the prices during the last 1.5h years, it might be time to destress.
    Content:
    00:00 Lower depreciation
    00:19 US Market
    05:36 German market
    09:14 Model comparison
    11:31 Comparison to other cars
    12:10 Conclusion
    Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision.
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КОМЕНТАРІ • 34

  • @fourwheeltrader
    @fourwheeltrader  2 місяці тому +2

    *What car market would you like to see analysed next* ?

  • @Wisesap
    @Wisesap 2 місяці тому +9

    Breaking out a few markets in a single video is fine by me.

  • @rdiamond655
    @rdiamond655 2 місяці тому +5

    Agree. I like seeing the two markets in one video. But maybe that changes if you add the UK.

  • @scottl.6721
    @scottl.6721 2 місяці тому +3

    I almost purchased a 2017 570GT at the height of the market in 2022 for $165k, found the same car for sale now asking $134,500 with CPO warranty. Glad I didn't pull the trigger on it. The car also had a accident with $20k of repairs that doesn't show up on the Carfax, (but shows on the dealer repair orders the dealer provided) that stopped me from buying.

  • @DavidDrives
    @DavidDrives 2 місяці тому +2

    Awesome content! Loving the EU content, keep it up. Thank you for your work

  • @user-dy8zw7bq9f
    @user-dy8zw7bq9f 2 місяці тому +3

    McLaren 650S coupes was only approximately 10% of production making them much more rare and only around 400 made.

    • @Splexant
      @Splexant 2 місяці тому

      Any idea how many of the 400 are in the US?

  • @blustackschris9687
    @blustackschris9687 2 місяці тому +3

    German market is most interresting to me

  • @smiconsulting8434
    @smiconsulting8434 2 місяці тому

    Thank you for this one! As a McLaren 650S Spyder owner, this is appreciated. Keep up the great work you do for our exotic/sports car community.

  • @chronocp
    @chronocp Місяць тому

    Would love to see more German market overviews

  • @FerrariCaliforniaT
    @FerrariCaliforniaT 2 місяці тому +1

    Where in the US/UK/EU do you get your sources for median car prices from?

  • @thambomathambo7146
    @thambomathambo7146 Місяць тому

    What is the statistical power for your model?

  • @theclutch19
    @theclutch19 2 місяці тому

    Are the prices that you're showing "asking prices"? It seems they are a bit high vs actual sold price. For ex 600LT are in the high $190's and low $200's for a coupe!

  • @flboy5611
    @flboy5611 2 місяці тому

    Can you do another video on second generation R8's in the US. I'm in the market for one and I would really appreciate it! Best regards.

    • @fourwheeltrader
      @fourwheeltrader  2 місяці тому

      I will do one in three months. The R8s I usually update every six months.

  • @benjaminibe1214
    @benjaminibe1214 2 місяці тому

    Why dont a review of the bentley bentaygas or coupes

  • @shejustcant
    @shejustcant 2 місяці тому

    so assuming depreciation is slowing down on the mclarens, that must mean that lambos are severely haulted in depreciation?

  • @DivineFrag
    @DivineFrag 2 місяці тому

    Re: German market. I assume you are using either the aggregated data from Autouncle (which combines Mobile, AS24 and I think some eBay too) or just Mobile. But even then, the German market is completely outshined by the UK market. The issue is that the UK is a very different market relative to any continental European market. I see half-a-dozen 812s for £200-210k in the UK, that's €235-245k FX-adjusted. In Europe, excluding the lone outlier the cheapest cars are €300k. That is to say we can't aggregate the data across EU + UK, but without Germany the EU market in total is small and even with Germany it is small relative to the US. Aggregating across models wouldn't work, barring general market trend interpretations (if you standardize sub-samples in terms of size). I hope some other markets have better volume/stock, because I don't think McLarens have that. It might make sense to specialize certain markets to a US vs. UK comparison.

    • @fourwheeltrader
      @fourwheeltrader  2 місяці тому

      Yes, the UK and DE will be split as they can be very different.

  • @shejustcant
    @shejustcant 2 місяці тому

    thank you sir

  • @teddyruxpin3811
    @teddyruxpin3811 2 місяці тому

    So should I keep my 600LT another year or no? Hmmmmm. I think I will :)

    • @Mark-rt6fy
      @Mark-rt6fy 2 місяці тому

      curious does it overheat if you track it in summer

  • @FrankGallagherr
    @FrankGallagherr 2 місяці тому +2

    720S is $150k soon

  • @DueGreg
    @DueGreg 2 місяці тому

    European market is also neglected

  • @cyuiyuwyguiyui8540
    @cyuiyuwyguiyui8540 Місяць тому

    McLaren In Financial Uncertainty

  • @artur124
    @artur124 2 місяці тому

    1 chart per country

  • @HailCaesar-lm4bq
    @HailCaesar-lm4bq 2 місяці тому +1

    Wonder why Germany no CO2 tax but EU yes ? They own EU 😆

  • @zzzzzsleeping
    @zzzzzsleeping 2 місяці тому +1

    The Mclaren 570 is like Chinese stock market -- goes down like Niagara falls