I am not a member of exotic hacks. But back in early 2022 PJ gave me the conviction to buy a Senna with 800 miles. The price has popped up over the past year and am really glad I went for it. Thanks PJ.
If you can make money on buying used exotics, good for you. What you need to understand is that everything on these cars are Uber expensive to fix. At any moment a 5-10-20k repair can come knocking for you. The holding costs aren’t cheap either. I you are buying any Ferrari or Lambo or McLaren or something similar-you need to be able to have zero problem in coming out of pocket in a big way. If you can, great, but your “profit” can evaporate quicker than #BTC
So, what’s the hack? Buy a depreciating asset, drive for a year, and hope to flip for a profit? There’s significant downside risk baked into this endeavor that should be considered. Risk and return.
I had one of these 2 years back I called it the mclaren 720Shop because that's where it was all the time 😂 ended up trading it for a 2018 perf but it was one hell of a car when it worked.
I recommend: 1 buy something with more than 5000 miles. Any little issues should have been sorted under warranty by then. 10000 miles is even better. These cars are very reliable, but have little niggly things to address when new. 2 lift is necessary. The cars are low. 3 360 park assist is super useful 4 upgraded Bowers and Wilkins: Maybe. I rarely use the sound. It sounds good, but not amazing. 5 get the sports exhaust if sound is important to you 6 carbon fiber? There really is not much weight savings here, and the options for this are mostly a gimmick, but subjectively it looks nice. 7 ultra lightweight wheels are unsprung weight and worth it if you want max performance. 8 heated seats are really nice 9 larger shift paddles are nice 10 gorilla glass top is nice, but some had issues with cracking. I love mine though.
@Milan-ot1qg I think the sweet spot is 4000 to 10000 miles. Under 4000, make sure it is on warranty. Over 4000 miles, warranty still good, but most new car issues should mostly be sorted. I know people who have had lots of troubles, and others who have been fine. My car has mechanically been great, but had quite a few error codes and such. Having a good dealer nearby is important. Supercars are expensive, so don't think you can just buy it and not have things to pay for. I think I am paying $6500 a year just for the extended warranty, plus insurance, plus annual maintenance, plus tires. So maybe $10k a year. It goes through gas quickly and costs a lot in depreciation every mile driven. I have a little over 19,000 miles on my 2019 720s, and love it.
@@xamomax alright bro i love it, thank you for responding man. I can't afford it yet but i am a daytrader and i am 18 yrs old. I think when i get consistently 100k+ a month i would consider buying my first supercar. Ive looked at an EVO or a 488 but the mclaren is much much cheaper and also its a spider so i would rather have that then.
I couldn't hack a 720S...I'd drive it too much. I have had my McLaren 570GT for 13 months and have put almost 5K miles on it. There's no way I could have a 720S and not put too many miles on it! But at the same time, I have had no issues since I've owned it. Just oil changes and scheduled service.
your title is wrong. This video is all about BUYING a car and zilch on cost of ownership. It still has some interesting points, if you are looking to buy
Heyyy! What about a luxury 720s loaded loaded. It has all the carbon fibre packages. Lift, exhaust, upgraded sound, 3d camera and more. Where would you categorize that?
@@amgnextdoor My car number #381 VIN has been actually pretty good the last two years. You really have to get a sorted car tbh. Other than coil packs and suspension Accumulators (all wearable parts) & my annual service. I’ve had to replace the alternator, A/C compressor and the very common failure component known as the DLD (drive line dampener). Put over 10k miles on in 2.5 years
Member 👋. If PJ would actually drive the cars he buys like they should be used for he would never recommend this pile of garbage. I’ve seen 3 on the side of the canyon roads of California. Enjoy you cars player, south beach revving suites you G.
Heyyy! What about a luxury 720s loaded loaded. It has all the carbon fibre packages. Lift, exhaust, upgraded sound, 3d camera and more. Where would you categorize that?
That's basically what I just got a day ago. Luxury but had the carbon fiber options n everything. Including upgraded exhaust and mso extended paddles and rear engine lid
I’m 6’2” and have just as much room in my Spider as I had with my coupe. The doors open in a diff plane than the coupe since you don’t have the top hinges, makes for an easier entry/exit to the car.
How many people acutally looking at this actually thinking about buying one? I just see so many dudes just staring at this math like we will ever be able to afford one.
You can have the fastest peer car amongst it's competitors, sure, but you pay the "it's at the shop" tax big time. Totally not worth it, words of prob 10+ prior mac owners I've spoken to. Oh also...don't give it more boost then you're really screwed.
If you had a Montana company that bought it, and leased it to yourself in California you could pay CA tax only on the lease payment instead of the whole car.
@@jacstoneu I must be the one that breaks the mould, 5 and a bit years, 28k miles and my mac is going fine, one roof micro switch replaced under warranty, that's it. So much more reliable than my 488 before.
@@ExoticCarHacksJ. I sold my Lamborghini STO it did not have a vehicle Lyft I still got that money for it. I have an opportunity to buy a fully carbed out one. It has all the options. Would I be better off purchasing another STO or a 720 S? For the long-haul. Also, I have a chance to buy a 2023 Spyder Evo, Lamborghini Lamborghini fully loaded.
