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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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. - Авто та транспорт
*What car market would you like to see analysed next* ?
Bentley bentayga reviews pls
911 gt3
Lamborghini Aventador
M5 competition in German Market. Lost value incredibly a lot in the last year
Breaking out a few markets in a single video is fine by me.
Agree. I like seeing the two markets in one video. But maybe that changes if you add the UK.
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.
Good job doing your DD.
Awesome content! Loving the EU content, keep it up. Thank you for your work
McLaren 650S coupes was only approximately 10% of production making them much more rare and only around 400 made.
Any idea how many of the 400 are in the US?
German market is most interresting to me
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.
Would love to see more German market overviews
Where in the US/UK/EU do you get your sources for median car prices from?
What is the statistical power for your model?
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!
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.
I will do one in three months. The R8s I usually update every six months.
Why dont a review of the bentley bentaygas or coupes
so assuming depreciation is slowing down on the mclarens, that must mean that lambos are severely haulted in depreciation?
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.
Yes, the UK and DE will be split as they can be very different.
thank you sir
So should I keep my 600LT another year or no? Hmmmmm. I think I will :)
curious does it overheat if you track it in summer
720S is $150k soon
Nope going to be awhile
European market is also neglected
McLaren In Financial Uncertainty
1 chart per country
Wonder why Germany no CO2 tax but EU yes ? They own EU 😆
The Mclaren 570 is like Chinese stock market -- goes down like Niagara falls