Used McLarens are selling better than ever before
Despite the affects of the coronavirus pandemic, sales of used McLarens have seen a sharp increase in North America.
Although McLaren, it seems, releases a new lustworthy supercar every month these days, the most recent being the hardcore 765LT, those in the company's largest market of North America clearly aren't put off buying used models instead of having the latest and greatest of the company's offerings.
Despite the challenges the coronavirus pandemic has presented to automakers, McLaren's North American dealer network has sold more used models than ever before, delivering 580 used vehicles to customers in the US and Canada between January and August 2020 – an 11 percent increase on the year-to-date sales figures for 2019.
With McLaren Certified Pre-Owned having recently received a major rebranding from McLaren Qualified to help it better cater to its key North American audience, all vehicles sold through the program come with a one-year Certified Warranty and are subject to a rigorous multi-point inspection by McLaren technicians before being listed for sale.
While the cheapest you'll be able to get into a brand new McLaren is US$195,000 for the 570S – with the GT and 600LT in the $200k bracket, and 720S and 765LT in the $300k range – older examples of the 570S can be had for as little as $132,990 for a 2016 model through the McLaren CPO program, while the cheapest car on offer in the United States is an 2012 MP4-12C for $89,991. Even the former-flagship 650S can be had for less than half the price of a 720S at under $140k.
Of course, there may be good reasons behind why McLaren's used values are so low – the constant stream of new models, questionable reliability, and sky-high parts prices, for example – but it doesn't take a mathematician to see that at a time like this where the economy has been so badly hit why people would look to save a hefty chunk of cash by buying used.
While the pandemic taking its grip over the economy has caused new car sales to plummet, it's not only used supercars that have become more attractive, as in Australia a recent report recorded used car sales as having risen by a whopping 30 percent between April and July.
McLaren's North American success comes as the company itself faces a dire financial situation, however, with it having recently listed its headquarters in Woking for sale for £200m along with previously mortgaging its collection of historic models.