Shocking Truth About McLaren Depreciation: Bargain Supercars or Money Pit?

Congratulations on sponsoring his channel. I like watching his videos, he does a lot of work bringing serious content with facts and trends.

 

I admit I took a six figure haircut on my 12C Spider, the mistake I made was buying it instead of leasing. BTW, I had no problems for the 2.5 years of ownership.

For the GT we just picked up, I have a 3 year lease, 3 year unlimited miles warranty and 3 years of service, so I know exactly what I am into this car. I can terminate the lease at any time, sure there might be some costs, but certainly far less than taking the car to term.

MB

 

Here's My Brilliant and Weird Exotic Car Pricing Theory - YouTube

doug demuro has interesting take on collector car values. he made up a 'market cap' for exotics same as market cap for corporations. multiply # cars (shares) by their recent sale (stock) prices and get a total value for cars. mclaren was way below value of its competitors. a laferrari has a total market cap of 3 billion while a p1 is not even billion.

 

I have watched lots of his videos and while his actual presentations are informative, his titles are almost always clickbait. I think it undermines his credibility.

I took a nice haircut on my 12c too. It didn't stop me from buying another.

FWIW, in real dollars, I am much better off having bought my Mclaren Gt than the Ferrari Roma I almost bought. While the Roma may have depreciated less on a percentage basis, that does not translate into real dollars.

Not that it matters. If was concerned about depreciation, I would have bought a GT3... but then I would have a Porsche...


and I wanted a Mclaren.