McLaren Life banner

Mclaren Lease terms

12411 Views 107 Replies 24 Participants Last post by  Trevor90
Leasing on the Artura has a residual of 77% for 24mo and 71% for 36mo. That is pretty amazing. I don't have money factor details yet but if anyone knows please let
  • Like
  • Wow
Reactions: 5
21 - 40 of 108 Posts
MRM is the maximum value, including options, for calculating the residual?
Yes the residual on the car is based on a maximum MSRP of 272k. Any options added above that are not residualized and you are paying the full cost of the options over the term of the lease. You basically take that amount divide by the lease term and add it to the payment (plus the interest of course).

It’s not easy keeping the car around 272k My build has zero carbon fiber, base seats etc.
  • Like
Reactions: 2
Woodside is currently still at 6%, which isn’t much more than other lenders, even with excellent credit.
that’s double what folks can get at credit unions. PenFed is offering 3.44% and you can do better than that. Woodside’s advantage is underwriting very long term loans (10+ years) which let’s folks sharply reduce monthly payments in exchange for a vast amount of interest payments (2x to 3x more). The way to make that not stupid is to sell the car after a few years and pay off Woodside before most of the interest is actually accrued.

Woodside will also do exotic car loans at amounts much larger than banks and credit unions. There just aren’t many games in town if you break $200K.
  • Like
Reactions: 1
Yes the residual on the car is based on a maximum MSRP of 272k. Any options added above that are not residualized and you are paying the full cost of the options over the term of the lease. You basically take that amount divide by the lease term and add it to the payment (plus the interest of course).

It’s not easy keeping the car around 272k My build has zero carbon fiber, base seats etc.
What price are you at with a basic spec? The only things I'd really need are the club sport seats and the stereo.
What price are you at with a basic spec? The only things I'd really need are the club sport seats and the stereo.
a stripper spec with the club seats is about $238k. But decent wheels and the basic electronics package are each about $5k, and it’s pretty easy to get to $270k. Are you really going to skimp on the sport exhaust ? A nice paint ? The backup camera ?
a stripper spec with the club seats is about $238k. But decent wheels and the basic electronics package are each about $5k, and it’s pretty easy to get to $270k. Are you really going to skimp on the sport exhaust ? A nice paint ? The backup camera ?
The exhaust I actively don't want. I will want the track pack.
a stripper spec with the club seats is about $238k. But decent wheels and the basic electronics package are each about $5k, and it’s pretty easy to get to $270k. Are you really going to skimp on the sport exhaust ? A nice paint ? The backup camera ?
I hate the fact that the 360-degree parking cameras are tied to the "technology" pack. It's hard to keep a spec under 265-70 I think.
  • Like
Reactions: 1
The exhaust I actively don't want. I will want the track pack.
there isn't a track pack per se, but the club seats, harness, and bar all together are ~$10K
there isn't a track pack per se, but the club seats, harness, and bar all together are ~$10K
Does that include the telemetry and cameras?
Does that include the telemetry and cameras?
No those are another ~$3K. I don't THINK you need the technology pack (eg the 360 cameras) in order to spec the telemetry (and track cameras), but I'm not 100% sure. If you do, that would be another ~$7K.
No those are another ~$3K. I don't THINK you need the technology pack (eg the 360 cameras) in order to spec the telemetry (and track cameras), but I'm not 100% sure. If you do, that would be another ~$7K.
Where are you getting the prices from? I couldn't see any when I did the configurator.
Where are you getting the prices from? I couldn't see any when I did the configurator.
Did you not get a price list from your SA?
  • Like
Reactions: 1
Did you not get a price list from your SA?
If I had, would I be asking??
If I had, would I be asking??
Then you already know the answer to your question!
  • Like
Reactions: 1
If I had, would I be asking??
Aha! Might have known you'd have a useful answer up your sleeve!
  • Like
Reactions: 1
Where are you getting the prices from? I couldn't see any when I did the configurator.
I bought one :ROFLMAO:
  • Like
  • Haha
Reactions: 3
Where are you getting the prices from? I couldn't see any when I did the configurator.
If I was gonna spec one it would be almost $317k…
  • Haha
Reactions: 1
If I was gonna spec one it would be almost $317k…
Lol. I'm betting you'd settle for one at $237k though!
  • Haha
Reactions: 1
Lol. I'm betting you'd settle for one at $237k though!
Ha! I can’t even swing a $120k used 12C so does it matter?
  • Sad
Reactions: 1
Ha! I can’t even swing a $120k used 12C so does it matter?
I think with the options I want, it's probably going to be a tad rich for me, too. I just really love the car I have now.
  • Like
Reactions: 1
21 - 40 of 108 Posts
Top