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Discussion Starter #1
I am thinking about purchasing a McLaren this weekend and wanted to see if anyone had any experience with leasing?

I believe Putnam is the official leasing company but also know Premier does leasing as well.

Thank you

Louis
 

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Discussion Starter #2
From what I understand the 5 year residual is $130,000 for both.

The question is what type of depreciation should one expect?
 

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Louis, I don't think too many on here have leased, so may take a while to get the info you are looking for.

With regards to depreciation, difficult to predict but probably the best comparison would be the V8 Ferraris. Consensus seems to be that the McLaren will hold up better than Gallardo, but Ferrari of course has very strong demand in normal market conditions. In my opinion this will be offset somewhat by the lower production numbers and exclusivity of McLaren. As always, a crystal ball would be nice. Greece is not helping!
 

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Discussion Starter #4
Wow you really think they will hold there value as strong as the 458's?

Is it your opinion that most buyers have paid sticker for their vehicle?

I believe I can purchase a brand new one for $10k off sticker and wanted to see if that was a worthy deal.

Thank you
 

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Wow you really think they will hold there value as strong as the 458's?

Is it your opinion that most buyers have paid sticker for their vehicle?

I believe I can purchase a brand new one for $10k off sticker and wanted to see if that was a worthy deal.

Thank you
Perhaps not over the first two years, as Ferrari has established practices with their dealers to keep residuals high during that timeframe. I would compare over the entire product lifecycle, the last of which would have been the 430, for example. Obviously it depends on how long you intend to lease the car. But if that is say 4 years, then look at how much, by percentage, a first model year 430 lost by the end of 4 years and I believe that would be as good an estimate as any.
 

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10 grand off sticker is a great deal, in my opinion. Ron Dennis has stated publicly that he intends to keep early cars updated. If future updates include performance gains, I think you can expect base price to rise significantly for what will be essentially an identical spec car.

p.s. yes most buyers to date have paid sticker. I have not heard of a discount on an ordered car (besides the factory IRIS discount). Only a couple of people that have bought lightly used (I.e. 1-2000 miles) may have got something off list, that I have heard about, anyway.
 

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I leased. It made more sense for my personal finances - Putnam was very easy to work with, and gave me a ridiculously low rate - lower than the return on my money market acct. $130K is the residual after 5 years.
 

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Discussion Starter #8
I am thinking about working with Putnam as well.

Would you be kind enough to PM me more information?

Thank you
 
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