Why You THINK You Can't Afford A McLaren... | 570s OwnerJul 09, 2022
Hello, touch here. I hope everybody is fine. Yeah another video so they can get a 911 turbo or maybe an audi r8 or they can save some money and get the bmw m5. She's still just a 5 series or maybe an Audi. rs6 which is still just an a6 with a lot of horsepower if you want to get an estate get something comfortable or you could get a car that I thought was completely out of my reach in that range too which is one of these so I had a few requests from people to go into detail about the running costs of one of these cars, namely the 570, and it seems to be a YouTube tradition to go into detail about how much you spend on the cars you drive. an interesting topic i guess going into you know deep finance is a bit taboo it's always been kind of re in america but i'm not going to go into exact details and do you know exactly pennies and pennies but i'll give you some guidance about the decision-making process for the purchase of this car?
What kind of expense in its operation? How much does the service cost? Of owning a car, but before I did I thought I'd take a look at Autotrader to see what was going on with the used 570 market. Now I guessed because we all know McLaren tends to get quite a bad press. and people always talk about the waste of these cars absolutely going under, i did, i took it upon myself to take a quick look through autotrader to see what was going on in the 570 world and i have to say i was pretty surprised which i went in assuming it would be pretty bad based on what you hear i hadn't been looking at it i hadn't been following the market but surprisingly it's not really so you're looking at about 90k ish for a 2016 2017 car running all the way up to 120 130k for a 20 2019 car and so don't forget that a key piece of information is that these cars are no longer being produced, they are no longer factory built, to my knowledge I believe they are sold from stock , worth knowing is there are only 23 of these cars for sale i
thinkanother 10 piston heads but only 23 i
thinkauto trader which is pretty good right not many at all and that lack of availability could be what who keeps the price aside either that or
mclarenbased on all the bad press decided to hire the services of the mob to somehow recoup the prices or they have been buying stock holding it who knows but the prices are way higher than they think I thought they would be which is kind of pretty good now the gfv of this car that I'm in right now I think it's around the 90k mark and the fact that the pre-owned market price is so good in right now makes me think about trading it so you better start saving by busking and you know i still have another year to go on this car so who knows what the market position will be at that point and exactly what i might be looking at in terms of the net worth of the car but let's talk like i promised the decision making process of buying this car specifically um and why i decided now i'm not minted i'm very lucky because it's me doing well, but i'm definitely not in the stellar earning range that some of the other people on youtube know with literally millions. to pitch about cars you know I have to stretch a little bit to buy this um absolutely but it's completely nice and you know I don't have other priorities in life like kids that definitely wouldn't let me drive this car um but looking at the decision making process decisions i was close between this uh the 911 and a r8 now the quotes for the 911 and the r8 the financial quotes were actually pretty similar and i have to remind you i did not go to a broker for this buy was going through the alerts so it might not have been the most competitive um so for the
mclarenoh sorry for the porsche and the r8 they were pretty much neck and neck which meant about 25k less and 1600 a month for the car to be in the interest rates were a little bit higher now when i got to mclaren huh the deposit was 10k less and the monthly payments were about 3k sorry 300 3k less less money but 300 or less which to me was a no brainer now i have to look at the car itself and just what you are getting for that money now i might know i could save a little money and get an m5 like i said but its still a five series or an rs6 its a family car if i want to go and buy a wagon its not something i want to go fast and i just want something thats comfortable hence the e320 i have but this car is built from the ground up like a stock car careers and the fact that you can get into something with e This capacity for so much money still amazes me, I also have to say and make it very clear that these are UK prices.
We're not talking here I've looked at US prices and discussed with colleagues in the US what they pay what they're looking for for this type of car and it just doesn't add up they are much more expensive in the car market USA If you lived in the US and wanted to buy a mid-engine sports car, honestly, you'd probably be looking at a C8 just in terms of what you get there and how good they are. reviews I have read what people are saying about them the premiums that come on it seems like a no brainer but this car in the UK is very
affordable for me well I would say
affordable I can do it I can I can make it work for me and that's what it's all about.
Can the car work for you? You have to do the math and make sure you do it. We have discussed roughly what this car is costing me. I'll do an additional video when I don't have the car anymore in terms of exactly what it's costing me and I'll show you some of the actual facts and figures, but let's look at a few things to look out for in terms of the total cost of
ownership of this card, now this has a three year financing plan so the car comes with a three year warranty so I don't have to worry about a thing if the car goes bad if you're buying a
570scar and you have more three year you will need a warranty now that one year warranty is about the 3k mark for sport series for a car that is zero to five years old i think there is a little but it is about 3k and it goes down a bit Yeah, um, if you buy for two years, I don't know, you say £500 or so, but you'll have to take that into account unless you didn't stay. with a very large repair bill in case something goes wrong let's say you know something serious with the engine I've heard rumor has it that there are shops that guarantee they can fix anything that goes wrong with this car for around 10k even up to an engine rebuild shouldn't need one so I don't know how true it is I never had to pu Try it but if you don't get a warranty you could be facing an expensive bill if something goes wrong so you should have it Keep in mind if you buy a car that's over three years old and you want the clown water it's also an extra three thousand now in terms of service it's actually very good huh my first service on this was on the big brand £650 so it's not that bad really when you think about it um it's going to another service the second year service a major service huh it's actually going to be i'll take it monday monday next week actually and then it'll be alr around 1200 quid so really still not too bad for a lovely car mr2 convertible there nice no shame for such a bad car i think for the c63 i was paying around four or 500 then again its pretty affordable i think so you know what it is now i might have compared it to an r8 and a 911 you might as well know i probably bring a hurricane into the equation there but they are more expensive much more expensive to get and much more expensive to maintain and run And to me, a Lambo seems to be more about posing than driving.
I'm not saying they are bad cars, it just isn't. me and my bag have talked about this in previous videos they're nice huh i find them a bit flashy to be fair i just like the mclaren uh i feel like the brand is the kind of niche it fits uh the attention it gets people say you know it's a beautiful car it's lovely I think it's a little more chivalrous but it's absolutely crazy let's not forget when you open it up nice drive so you can see this car as something you it's very very affordable i think for what it does now i'm going to go and look at the artura uh the sports series isn't there anymore they have demolished those um those different car mounts i think arturo lists about 185 and then more and more you took the boxes so I'm not sure the deal I got on this, the financing I got on this and the affordability I got on this will be replicated in artura and in fact if what I'm looking at is an auto trader , I think mclaren will recognize it. this and to be honest not providing those deals to the public that potentially were before so i'll keep you posted i promise to keep you posted on what i'm looking for an arthur uh what i'm looking for potentially spend if I can make it work and if I can't I may have to look for something else but it's pretty cool I love that kind of new car shopping going through all the options and just getting excited about the whole process another thing from the That we'll probably talk though I just don't care when I buy a car like this what's the fuel economy?
Everyone wants to know what the fuel looks like, yes, how much fuel does it use? What is the mpg? It must be all the time at the gas station n on that thing um I just don't care you buy a car like this and fuel is almost an incidental cost you just fill it up and you pay your money and you just take the hit but if you wanna know uh if you're doing it hustling it goes down to about 9 mpg making it mopping safely of course and if you're on the freeway it's pretty good it's about 25 26 mpg which isn't as wrong.
I really guess because it's such a light car, right? Insurance is another thing you should talk about. I don't mind telling you how much I pay for the insurance. I pay £850 a year for insurance on this car. pretty cool but that's packed no claims and the fact that I'm really old huh and it won't be long until I get on one of these with the help provided by a frame zimmer so then there are tires uh , which is about a big all around to all four corners uh pirelli epp zeroes on this one so yeah not too bad not too bad so is that for this video?
I think the clear message is to do your research when you buy your next car. Be sure to throw in that network cable and see what the options are now. I assumed McLaren was completely out of my league, right? they were just a mega brand hyper brand of cars and that's completely unaffordable it was only when i dug the numbers that i figured out that it might work and why not because it's just an amazing kit so there you have it i guess it does. your research please like subscribe i really appreciate it hope you enjoyed it and see you very soon on the next bye for now
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