[mkraft3003]

Not much to understand, its pretty straightforward. The collector car is rarely driven, it is meant to trade for a profit at some point and/or to show.

How about another perspective (not mine). A lot of collector cars take years of purchasing various cars from the brand in order to be selected for the rare collector car. What is rarely discussed is how much did the person lose buying the duds just to be able to buy the special edition? When you add that up there is rarely a profit to be made.

I know of few Ferrari collectors and when I’ve discussed this topic with them they remind me that in order to buy a TDF they had to buy a lot cars that they lost hundreds of thousands on. The profit they make from one special edition “may” break them even.

For a lot of those people it is a sense of pride and accomplishment. They may have come from nothing and having a collector car in their garage reminds them of their hard work and how it has paid off.

again, just throwing it out there as another perspective.

 

[Capsfan]

How about another perspective (not mine). A lot of collector cars take years of purchasing various cars from the brand in order to be selected for the rare collector car. What is rarely discussed is how much did the person lose buying the duds just to be able to buy the special edition? When you add that up there is rarely a profit to be made.

I know of few Ferrari collectors and when I’ve discussed this topic with them they remind me that in order to buy a TDF they had to buy a lot cars that they lost hundreds of thousands on. The profit they make from one special edition “may” break them even.

For a lot of those people it is a sense of pride and accomplishment. They may have come from nothing and having a collector car in their garage reminds them of their hard work and how it has paid off.

again, just throwing it out there as another perspective.

A game I don't play, I only buy what I want unless the dealer offers to buy it back at my buy price.

 

[Jo_sta7]

Man I am over the games in general.

 

[mkraft3003]

A game I don't play, I only buy what I want unless the dealer offers to buy it back at my buy price.

I agree With that.

 

[alexceres]

How about another perspective (not mine). A lot of collector cars take years of purchasing various cars from the brand in order to be selected for the rare collector car. What is rarely discussed is how much did the person lose buying the duds just to be able to buy the special edition? When you add that up there is rarely a profit to be made.

I know of few Ferrari collectors and when I’ve discussed this topic with them they remind me that in order to buy a TDF they had to buy a lot cars that they lost hundreds of thousands on. The profit they make from one special edition “may” break them even.

For a lot of those people it is a sense of pride and accomplishment. They may have come from nothing and having a collector car in their garage reminds them of their hard work and how it has paid off.

again, just throwing it out there as another perspective.

it doesn’t sound fun, which is why I’m not on fchat, but if you really really want that special edition you either play the game, or you buy “used” at a huge mark up. Paying premium to avoid the game is way more cost effective but also means you don’t get to spec the car. Choices.

I’ll also note for some of those guys, they have so many cars in the garage, and they’re cycling new hot toys in, that it’s simply impossible to put a lot of miles on all of them.

It’s a mistake to assume other people are buying using even vaguely similar criteria

 

[mkraft3003]

it doesn’t sound fun, which is why I’m not on fchat, but if you really really want that special edition you either play the game, or you buy “used” at a huge mark up. Paying premium to avoid the game is way more cost effective but also means you don’t get to spec the car. Choices.

I’ll also note for some of those guys, they have so many cars in the garage, and they’re cycling new hot toys in, that it’s simply impossible to put a lot of miles on all of them.

It’s a mistake to assume other people are buying using even vaguely similar criteria

Ferrari is the king of games and making people chase special edition cars. I just don’t get It. However, while not as common, there are Mclaren owners that buy every car they produce just to chase the next special edition.

With that being said Mclaren isn’t even a small fraction of the games that Ferrari makes people play. I haven’t run into a Mclaren dealer that pulls the BS that Ferrari does (not saying there aren’t any but I’ve found Mclaren dealers actually appreciate their customers and treat them right).

 

[alexceres]

The heart wants what it wants ? Dunno. The icona stuff is all beyond me even without the games, and i don’t find the Fiorano stuff remotely interesting, which just leaves the “regular” models I can buy used for much cheaper and hassle free. It does mean there’s no 812 gts or purosangue for me for a long while. Oh well.

I’d imagine, and this is a risky assumption, the Ferrari games make more sense as a lifestyle / journey thing. Do events, travel, customer racing. Straight cost wise, paying a premium used is infinitely cheaper, so it kinda has to be emotional.

McLaren and Porsche and Lambo face the same when demand >> supply, ego get hurt, problem. If there are X cars and 3X people want them at msrp then capitalism math is broken. Doesn’t work. Somehow 3X needs to become X. Most Mac dealers seem to go with “my top customers, more or less in order of their profitability to me over time”. Porsche loves the “3X drops to X pretty quickly if we charge 2*msrp”. etc. but regardles, only X people get cars so forces choices get made.

 

[sblvro]

Ok, I'm back with another value-related question. I know I've only had the car a week and need to just enjoy it.

The question is about mileage. My 765LT had 1800 miles on it when I bought it last week, then I took it to some shows and added 200 miles quickly. I've been invited to two large shows in August but they are both far away and would add 400-500 miles to the car.

Am I a fool for being so concerned about the mileage? I would basically be taking it from 1800 to 2500 in the first month of ownership. Suddenly it does not feel super low mileage anymore and I'm wondering how that affects the resale value.

My initial thought is that as long as the car has less than 10,000 miles it should be fine for resale. But if you look around at the used market it's just crazy. There's only one 765LT for sale in the entire country with over 5,000 miles! If everyone else is keeping their mileage way down then I need to start reconsidering going to shows that are 100 miles away from me.

You can put miles no problem. You will be famous for being the cheapest highest mileage 765LT in the country unless you’re some celebrity owner.

 

[xero]

How about another perspective (not mine). A lot of collector cars take years of purchasing various cars from the brand in order to be selected for the rare collector car. What is rarely discussed is how much did the person lose buying the duds just to be able to buy the special edition? When you add that up there is rarely a profit to be made.

I know of few Ferrari collectors and when I’ve discussed this topic with them they remind me that in order to buy a TDF they had to buy a lot cars that they lost hundreds of thousands on. The profit they make from one special edition “may” break them even.

For a lot of those people it is a sense of pride and accomplishment. They may have come from nothing and having a collector car in their garage reminds them of their hard work and how it has paid off.

again, just throwing it out there as another perspective.

Don't discount the ego element to this. At a certain level of wealth it's much harder to one-up your friends. Sometimes it's just a matter of being able to say...I've got one and you can't (at least for a while).

 

[mkraft3003]

Don't discount the ego element to this. At a certain level of wealth it's much harder to one-up your friends. Sometimes it's just a matter of being able to say...I've got one and you can't (at least for a while).

That is true too. There was recently another thread where that was discussed.

 

[jaspirr]

Bumping this old thread because we finally have a significantly used/high mileage 765LT listed for sale which could give us an indication of a price floor.

Used 2021 McLaren 765LT Base For Sale (Sold) | Lotus Cars Las Vegas Stock #V765549

Used 2021 McLaren 765LT Base Stock # V765549 in Las Vegas, NV at Lotus Cars Las Vegas, NV's premier pre-owned luxury car dealership. Come test drive a McLaren today!

www.vegasautogallery.com

17,000 miles
3 owners
$422,800
one of the "older" ones - December 2020 delivery date
no picture of the window sticker but from the options it looks like a fairly high spec, around 415k
7 speed manual! (wow how'd they do that)

this seems to be a good sign for prices on these. one of my biggest hesitations with mine has been worrying about putting miles on it and trying to stay under 5,000 miles. would love to see more high mileage ones like this to stabilize the market a bit. still listed above MSRP after 3 owners and 17,000 miles would be great for all of us.

 

[mkraft3003]

Bumping this old thread because we finally have a significantly used/high mileage 765LT listed for sale which could give us an indication of a price floor.

Used 2021 McLaren 765LT Base For Sale (Sold) | Lotus Cars Las Vegas Stock #V765549

Used 2021 McLaren 765LT Base Stock # V765549 in Las Vegas, NV at Lotus Cars Las Vegas, NV's premier pre-owned luxury car dealership. Come test drive a McLaren today!

www.vegasautogallery.com

17,000 miles
3 owners
$422,800
one of the "older" ones - December 2020 delivery date
no picture of the window sticker but from the options it looks like a fairly high spec, around 415k
7 speed manual! (wow how'd they do that)

this seems to be a good sign for prices on these. one of my biggest hesitations with mine has been worrying about putting miles on it and trying to stay under 5,000 miles. would love to see more high mileage ones like this to stabilize the market a bit. still listed above MSRP after 3 owners and 17,000 miles would be great for all of us.

Only issue is that is the “asking” price. It’s been listed for a bit. I’m curious what offers they have received. The take away is the market is still very strong, especially for a 3 year old car!!!!

 

[Topcarbon]

Wow
Three owners

 

[Trevor90]

Wow
Three owners

turn and burn babyyy

 

[Topcarbon]

turn and burn babyyy

So many butt prints

 

[scottpkura2]

SBM14RCAXMW765549 - MSRP was $423,710. I think asking original MSRP for a higher mile one would already be a stretch, but over is perhaps delusional or not serious/trying. And those calipers have been refinished.