Ferrari vs mclaren vs Porsche

What I have seen so far is that they will give you more for your trade vs. showing a discount. Basically the same thing.

 

Is that a recent trend? a few months ago it was rather the opposite, they proposed to take your car in consignment rather than trading it in... so no discount and no inventory for them (a kind of win-win, but only for the dealer )

 

In the last 4 to 6 months. It does depend on the car you are trading and they are selling. For example with the 812 I know big concessions were made on trades to make deals work.

 

Yeah who would have thought. 18 months ago 812 was unobtainable unless at a premium. Today 15 for sale and for way way less. I can see some big pills being swallowed for those who need to get clear. https://www.carsales.com.au/cars/ferrari/812superfast/ Note the second last for sale on page 1 has forgotten that times have really changed....as in someone's in for a very rude shock.

 

I was offered a 20' with ~300 miles at $175K off but decided to stick with my F12.

 

Unreal. bargain of the century. 175k off msrp for a 720 spider. if I didn't already own one, hard to pass that up.

 

No that was for an 812, it was slightly preowned. ~$560k MSRP

 

ahh- got it. so a 560k 812 for 400k roughly? Im really enamored by the F12. Keep thinking of adding one but im out of garage space. would have to sell something and really dont want to at the moment.

 

Thats another reason I have a shop.

 

McLaren - 2019 was a down year compared to 2018 in car sales, revenue, increased debt and less cash on hand.

 

vs Lamborghini

https://www.usatoday.com/story/news/nation/2020/05/05/5-year-old-boy-utah-driving-california-buy-lamborghini/3083410001/

Best laugh I had in years

 

Didnt look like a 5 yo I've ever seen.

 

wow

 

From what I’ve read you can get 20% off a brand new 720S spider fairly easily. I don’t have first hand knowledge of this.

 

I can't really speak to the others, but on the Ferrari side, I think the F8 is a more engaging drive than the 488 GTB. How much more will be very subjective, but never the less, it is more engaging. My opinion is the best value on the Ferrari side is a 458 Italia, but if you want the creature comforts, then the 488 GTB offers a lot and will be less money than the F8. The F8 is really a great all around package.

 

Maybe get another lift? Cheaper than the garage basement concept.

 

but not more fun.

 

noone has plenty of space for use

 

Thats quite a bit but I am sure they need to move inventory and perhaps there are some factory incentives to help the dealers. I got about $25K to $30K off of mine last year.

 

btw- already have a lift in the garage. Don’t want to add a second. While they are convenient- they do take up a good bit of space in the garage.

 

There are still new 600LT’s, discounted.
The 812SF $285k is looking like a must try and skip F12 (not there yet on pricing, but huge supply and low demand means one direction)
765lt not sold out by any means. Same as Chiron.

 

Lots of cars available. There is no shortage of amazing cars.

 

2018 > 2019
Debt up 12%
Cash down 43%
Nett debt up 23 %

Doesn't inspire any confidence and that's before the coronavirus.

The presenter has many compelling logics. And the most obvious one is they are 2 seat rear drive cars with spyder the only difference. Compare that to Ferrari.
I would believe they will be in trouble.
But the best line I saw was



Vehicle wholesales in FY2019 totalled4,662 (4,829 in FY2018), broadly stable with the prior year though in line with McLaren’s strategy to focus on improvements in margin rather, maintaining long-term exclusive luxury positioning rather than volume growth

Yeh right they dream !

 

McLaren's earning results are troubling. Pre pandemic, the financial metrics are in decline for 2019 compared to 2018. Demand for the 765LT, which will arguably be the most capable and compelling super car available, has not met sales expectations. I sill desire it and am fortunate to have a dealer 15 minutes from my residence.

 

My thinking is that even if they go broke someone will pick them up. 765 should remain solid for a few years and if they go hybrid it'l be the one to hold. A company like Mac probably wont waste time on hybrid and will just go full EV. Seems to be the next step for everyone. 765 will be super fast and track focused. Probably too fast. Spend a few days in a 3rs up the mountains and it will leave you wondering about all this huge hp.