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Old 09-16-2020, 08:34 AM   #1
AVANTI R5
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Default People Can't Stop Buying Used McLarens



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People Can't Stop Buying Used McLarens

The company's used supercars are a great used value.

McLaren introduces new models more frequently than most, and when it does, the envelope of supercar performance capability is stretched ever further. The most recent addition, the 2021 McLaren 765LT, is a lighter, more powerful track-focused version of the 720S, and should be incredible to drive. But while some chase the latest shiny toy, you should not overlook McLaren's used models.

McLaren is now selling more pre-owned cars than ever before. The North American McLaren dealership network delivered 580 used vehicles in the US and Canada for August 2020, which is an 11 percent increased compared to 2019. Even with the challenges of the pandemic, McLaren has a bright spot it can point to.

McLaren Certified Pre-Owned, previously called 'McLaren Qualified,' just received an extensive rebranding to better cater to a North American audience. Vehicles in this program must pass a comprehensive multi-point inspection performed by McLaren-trained technicians. The technicians must perform all servicing and maintenance due within the next three months using only McLaren Genuine Parts.

Once these cars are thoroughly evaluated, McLaren issues a one-year Certified Warranty. This warranty covers the cost for all parts and labor for eligible repairs that are done at McLaren retailers and service centers. It also protects all factory-fitted components, excluding wear and tear items. McLaren Certified Pre-Owned customers receive 12 months of roadside assistance and alternative onward travel (a loaner car) should their vehicle require a lengthy service.

McLaren CPO vehicles start as low as $89,991 for a 2012 MP4-12C, meaning these cars are criminally undervalued compared to the company's brand-new models. Even a McLaren 650S, once the flagship model, can be found for less than half the price of a new 720S.

"Our mission is not only to build the best sports cars in the world but also to offer the best ownership experience," says Tony Joseph, President McLaren North America. "McLaren Certified delivers that commitment on pre-owned McLaren cars from our retailers through the promise of quality and exclusivity with full factory support."
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Old 09-16-2020, 10:54 AM   #2
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For at least 6 months of that one year warranty period, it will be waiting on parts or being repaired at a dealership, then the second (third, fourth, whatever) owner will unload it because it's not worth the headache, especially not outside of warranty.

There is a reason they depreciate so quickly.
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Old 09-16-2020, 11:15 AM   #3
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All I know is that my (fairly heavily modified) Subaru went faster than one on an autox course (in the hands of a decently experienced driver, driving it for the first/only time), so do not want.
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Old 09-16-2020, 12:44 PM   #4
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All I know is that my (fairly heavily modified) Subaru went faster than one on an autox course (in the hands of a decently experienced driver, driving it for the first/only time), so do not want.
I'm not sure what you're getting at. It would eat your cars lunch in every metric given equal drivers/experience in the car, etc. Not even a remotely close comparison.
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Old 09-16-2020, 12:46 PM   #5
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A one year warranty for a CPO car doesn't scream "we believe in the longevity of our cars."
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Old 09-16-2020, 12:54 PM   #6
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That is very appealing. That makes the CPO 12C a bargain.

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A one year warranty for a CPO car doesn't scream "we believe in the longevity of our cars."
For an 8 year old car in this segment??? Have you owned an exotic?
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Old 09-16-2020, 01:04 PM   #7
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That is very appealing. That makes the CPO 12C a bargain.



For an 8 year old car in this segment??? Have you owned an exotic?
I'm tired. I should have read more closely!

Yeah for an 8 year old supercar it's great. I assumed it for the usual 1-3 year old cars like Subaru does.
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Old 09-16-2020, 01:20 PM   #8
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Originally Posted by Sid03SVT View Post
For at least 6 months of that one year warranty period, it will be waiting on parts or being repaired at a dealership, then the second (third, fourth, whatever) owner will unload it because it's not worth the headache, especially not outside of warranty.

There is a reason they depreciate so quickly.
Having almost bought one (and might still) - and speaking with many owners, current and previous. This isn't accurate. There are problem cars that have had owners ripping their hair out, but most have had reasonably trouble-free ownership. There was a fairly significant issue with the gearbox in the 12C and 650, and it was expensive and sometimes hard to get the replacement, but even that leak for the most part wasn't leaving people stranded and didn't come on as a surprise.

The 570/720 models have apparently been very reliable with the exception of some disappointing bodywork QA issues.

"Out of warranty" isn't an issue, as McLaren well sell you a direct warranty on any vehicle for at least 7 years, regardless of continuity. It's not cheap, but it's certainly not expensive for the price of them. Can't get that on my Chevy even - beats just about every manufacturer out there on that front. Most will only point you to a dealer-sold 3rd party warranty.
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Old 09-16-2020, 01:46 PM   #9
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I'm not sure what you're getting at. It would eat your cars lunch in every metric given equal drivers/experience in the car, etc. Not even a remotely close comparison.
It was a bit tongue in cheek. It was a small win and I'm taking it, dammit.
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Old 09-16-2020, 07:21 PM   #10
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Having almost bought one (and might still) - and speaking with many owners, current and previous. This isn't accurate. There are problem cars that have had owners ripping their hair out, but most have had reasonably trouble-free ownership. There was a fairly significant issue with the gearbox in the 12C and 650, and it was expensive and sometimes hard to get the replacement, but even that leak for the most part wasn't leaving people stranded and didn't come on as a surprise.

The 570/720 models have apparently been very reliable with the exception of some disappointing bodywork QA issues.

"Out of warranty" isn't an issue, as McLaren well sell you a direct warranty on any vehicle for at least 7 years, regardless of continuity. It's not cheap, but it's certainly not expensive for the price of them. Can't get that on my Chevy even - beats just about every manufacturer out there on that front. Most will only point you to a dealer-sold 3rd party warranty.
This.

I bought a used 600LT in April, at the beginning of all this COVID madness. It’s been perfectly reliable and an awesome car so far.

I know several other McLaren owners that are also very happy. There are certainly problem cars out there, but I think it’s a bit blown out of proportion. Plus, you only live once and they are amazing cars to drive.
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