Annual Cost of Owning a McLaren 720s & Some Q&A on McLarens
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- čas přidán 22. 12. 2021
- What's the cost of owning a McLaren 720s? In this video, I beak down the total cost of ownership for my 2018 McLaren 720s, including scheduled, and unscheduled maintenance, and take some questions from my regular viewers...
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Forgot insurance, cost was about $5k for the year.
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720s annual maintenance cost my whole house
LOL....What exactly are the upsides to living in Canada?
$5k a year insurance? Boy they see you coming as a sucker for everything. I pay $2,300
And what are you talking about black plastic roof? Huh? Wrong again. It’s the same see through gorilla glass, just a polycarbonate version. You know, just like you back windows? Those are polycarbonate also. lol.
Better to have the costs for a McLaren than the costs for a Karen.
Amen !!
A no Brainer if there ever was one.
I chose tires over tits myself
@@masternoremac3738 LOL, I choose the screaming of a V8 engine over a screeching woman 🙉🙉🙉 !!!
lol trust
Rich, I worked as a software engineer for Tag McLaren in the UK in the early 90's. Back when Gordon Murray was a force of nature and we were working on the McLaren F1. Be lucky you don't own an actual F1 the appreciation of the car would totally have been eaten up with the annual maintenance. Sadly even as an employee I never got to drive an F1. I'm sorry to hear about all the issues you've had, this is not uncommon, I dare say that if Ron Dennis and Gordon were still running the show you'd not have had all these issues in one year.
@Chris Turnbull How about the issues before you even get your hands on the car from the dealer, especially after it had been standing out in the lot in the rain for several days. I really wish the issues weren't a thing but here we are.
@Chris Turnbull well I’m one. I race as a hobby, these are reliable cars when you use them as intended. Generally people that own them have a different opinion. But you go buy a “super” bike.
Thanks for the review. I have a Mclaren mp4-12c spyder and love it. I put on 4K miles it since May and it's been pretty reliable. I have an m-engineering tune for 700 crank hp. It's pretty fast. I'm now getting downpipes, bigger turbos, injectors, and a new tune shooting for 1,000hp. I have a red Ferrari f430 and it's fun, but I like the mclaren more. I was surprised the Mclaren pulls more attention than the Ferrari. One of my friends had a Ferrari 488 for about 3 months. He didn't like it and traded it in on a 720. He absolutely loves it. The guy who said get a Porsche or Ferrari probably owns no supercars and made that comment to make himself feel better by making a dig at your choice.
No supercar owner would talk shit about someone's car preference. Like literally no one unless they're one of the perma virgin types
Yes. The MP4.
I love that model, everyone is telling me maintenance will kill ya.
Glad yours was trouble free so far, but I'm scared to roll the dice.
May go C7 Z06
Surprisingly, Canada still allows men to drive cars. Bring your papers.
Thanks Rich, gave me an idea of what the McLaren ownership is like. Started asking great questions about values and what I love and why. Thanks again for sharing.
yup, as a 19 yr old, I found it quite motivational. I look around at luxury car dealerships online and fancy shit I want and it really does make me work harder and stay very optimistic knowing after years of work, I'll be the guy with the Mclaren in my garage. Just working hard and I hope God grants us this level of success one day
Yep....made my mind up on Corvette, man I'd love an exotic, but Vette or Porsche might be a better option for someone who doesn't wanna live at the McLaren Dealership right?
I don't think Porsche is going to save you any money. If you want a high end sports car or grand tourer that saves you money compared to most brands. Get a Lexus.
@@HandSolitude Porschse are waaaaaayyyyyyyyy more reliable than McLarens. They're not too bad. Of course tires and maintenance will cost more than a normal car but it comes with the territory
@@ParissaKhoury WTF? Stop smoking crack
@@ParissaKhoury Facts don’t care about your bs claim either.
There's levels to this nothing wrong with starting with a C8 Corvette for first mid engine vehicle
I respect you sharing this private matter. A lot of owners hide these facts and pretend everything is great. As a side note, I would take the 991 GT2 and have money in my pocket. Any word about Thorney Motorsports opening a facility in Canada?
Thinking about buying a 540S for a while, this video will be big!!! Thanks Rich
Great video, good reminder to car people that the purchase price is just the start of costs for serious metal like this.
Thank you for posting this. I’ve been considering one for several months now. Sounds like the GTR I have now. Lots of quirks. Gotta love it to keep it.
The pre and post track and inspections are offered because McLaren is the ONLY car company that warranty applies when you track it. Every other super car company voids the warranty if you take it in the track.
Go to any track day, plenty of Porsches there especially GT3s. No warranty issues.
@@RNMAutomotiveAddiction From the warranty booklet. It applies to all Porsches and has not changed for years.
"Note 1: Components and/or parts that fail during racing or driving events (including Porsche sponsored events) may not be covered by the new car Limited Warranty."
@@huxleyorwellrand3137 "MAY not...." So they have a legal out if they want to take it. And they might decline something depending on what the warranty request is. But is my personal experience with my 2019 GT3RS that Porsche has performed my multiple pre-track inspections free of charge, performed track-use non-warranty related maintenance (so they KNOW it's being tracked), and still handled miscellaneous little warranty claims without any hesitation.
Now certainly if you ask them to replace a suspension control arm that you broke by driving over track curbing too hard, or you blow the engine by doing a money downshift, or something else like that, they're probably going to deny it. But they don't just "void" your warranty in general. Read what you typed...they MAY not cover stuff that fails DURING track use. That's not the same thing as just voiding your warranty.
My c7 zr1 and 991 gt3 rs both have warranties that cover track days
@@Vrtuned I may have misexpressed what I meant. When I say track it, I mean race. Not « track days » actual racing.
No need to explain yourself brother. A man likes what a man likes. Salute 💯
It's like having a trophy girlfriend.
This is great inspiration for me, a 21 year old who loves cars. Thank you, rich.
I'm a 90s kid, and am a big fan of 90s Nissans.
I am not at your level yet, so I can't really relate to you with the McLaren, but with 20k I could easily buy a well maintained Nissan S13 or S15, and drive it alongside my Nissan S14. They're a lot cheaper, I've seen that guys turn their heads after my S14 and even come to me at car meets to discuss and to see it closer.
This video was unexpected, but very welcomed, as I love to see a successful person like you deep into cars and knows his way around them. Thoroughly enjoyed it.
Happy holidays!
The 720s was my favorite supercar until the release of the 765LT. Great choice, man!
As far as rallys go, a lotus 430 Exige is pretty hard to beat. They clean up in Australia in this type of racing.
Lotus has a toyota engine (Camry V6 supercharged) and is the easiest/cheapest/fastest car for the money to work with.
But they are the most raw.
So that is the trade off.
People under estimate these cars but the 430hp is faster than people give it credit for. On paper it doesn't look like it but in real life these are real weapons. The only place they run out of legs is the top end speeds.
Awesome video! Great breakdown thank you
From Carindigo - the cost of ownership over a period of 5-years is approximately $350,000 - so lets call it $70,000 annually.
Ownership of my bus pass is maintainable 🙌🏽
On the longer exhaust pipe. I build exhaust systems and study exhaust pulse harmonics. I'll bet the longer pipe is merely the head that is further back and they didn't want to unbalance the pressure waves changing the shape left to right. It also means the exhaust can be perfectly symmetrical making design much easier during that phase of design and tuning.
Sell it. Zero problems from my 2001 M3
Thanks for taking the time to make this.
Yes....Back to the car content. I got out while the market was up. I'm hoping things chill out over the winter so I can get another fun car without paying a crazy premium.
All the money that was printed isn't going anywhere, so...
That is an interesting point I hadn't considered. It does however always move from the impulsive and unwise to The Prudent and wise.
The contrarian in me would optimistically say that if people would use some of that money to pay off debt the money supply would contract but the pessimistic realist in me to your point when concede that they will probably just use that as leverage for more debt. Six trillion dollars doesn't just disappear
@@chadfoust6942 The only way debt gets paid off is when interest rates rise.
You’re paying it still today 2/17/23. Market might still crash though.
The McLaren repair and maintenance bills are painful. I feel fortunate to have an economy car.
Amen - he spent more on one tire than I spent all year on my Toyota's maintenance, and that includes a set of tires. Toyota won't go 300km/hr though.
Like he said.. Perspective... 20k to him is like 2k to us... lol
@@DisabilityExams but how often are you using that performance if anything you might as well rent it out for a couple days and track it rather than owning one
The blueprint for the McLaren M840T engine was developed by Tom Walkinshaw Racing based off of the Nissan VRH, intended for Indycar IRL (but never used). McLaren bought the rights to it. Ricardo PLC and McLaren Automotive further developed the engine to meet the specification requirements for the 720S. They are assembled at Ricardo PLC facilities in the UK.
Always great content..💯
Great honest video Cooper, thanks.
I watched this whole video start to finish. Awesome brother best of luck!
I own a 570GT and will be adding a 720S to the garage next summer and loved this video. Thanks for being so thorough. I went from Lotus Esprits to McLarens because these are drivers cars.
It'll be interesting to see how it deals with being sat for winter.
Love the honest commentary and love the car, doors, cool factor over the top. Beautiful car and glad tosee you enjoying every moment of it. Great thinking on the color, have seen it with my own experiences. True comment about Ferrari dealer arrogance…
Great video Rich!
Man do I miss the 70s!!! Where if a person had a problem with their car, all it took was a Chilton manual to fix it.
Love it. MORE.
McClaren 720S looks awesome, Uncle Rich. Great buy 👍👍 I can only imagine the g-force that happens to your body when you hit that pedal to rocket 🚀 off.
Looks a lovely car and things always go wrong plus if you use it wear and tear is unavoidable perhaps considered character.
I put my car away for winter with some fuel stabiliser in the tank, tyres on some carpet and connected to a trickle charger.
I found all the problems, high running costs and road damage were significantly reduced when I kept it under its cover.
I love this video. I make cf composites, you have given me many ideas
Pretty good and fair video! I bought a new 2020 720s spider and put 25k miles on it. I have had some build quality issues that the dealer took care of under warranty. No major issues!! I knew what I was getting into after doing my research and coming from a 458 which was almost flawless but my 720s is on another level.. I'm so happy with my purchase and it has gone up in value because of the shortage. I can't wait until winter is over!!
The sausage magnet comment is spot on! Lol. This car scares most women away and attracts dudes from every walk of life! 1 strange guy at the gas station hit mad because he wanted a ride lol.
New and already had problems fuck that
It’s beautiful no doubt but I can’t get over the problems enjoy your car man 🙌
So will you have to replace the glass panels every few months?
I'm Glad my Love is Guitars!
Enjoyable and very informative video. Only question I have is, did you ever consider a spider and in hindsight wish you'd gone for one?
Fantastic honest review.
FWD to now and I’ve just bought a used one from a main dealer for £120k, 1 owner. 14k miles and negotiated 3 years warranty. 800whp from just an exhaust and a stage 2 map. They are the deal of the century ❤
Congrats again Richard, she’s a beauty !..
Any issues with her is just the cost of doing business, shit happens waters wet.
Thanks for sharing
Maybe I missed it in previous videos but, what’s your winter driver
This makes me feel great about the timing belt service I have coming up, seems cheap now.
I have a V10 R8 and I am in the process of changing to a 720S. I must have good taste if I am following his foot steps. 🙂
Wow, even a custom car cover. That's what is called ownership :) Has the windshield even been cracked on this car? Weird that these small roof panels crack but the much bigger windshield does not.
Rich, it's ok.... it is just the headache of owning a supercar.... I just had my LH fuel pump go out in my Ferrari 458 Spider (considering replacing it with a used part since the new one costs like over 2k!) and the new Ferrari F8 Spider that I just took delivery of won't start... it says "Modulus Missing Incomplete Data Go To Dealer. Replaced the batteries to my fobs... nothing! Have to flat bed it to the Ferrari service center on Tuesday! I've heard that McLarens have some issues like the ones you experienced but that is one sweet car!
I track primarily... with well over 100 events in the last three years in various cars. I've got the Porsche GT3 and just recently picked up the 765LT. Both brands are totally amazing, but I definitely find the mclaren so much more exciting and exhilarating to drive at all times. my GT3 is fitted with the factory extended gas tank which is great for longer hauls! great option to add to the spec, because such a small cost to add this option from factory.
Nice car….
Been thinking about the Glass Roof issue.
My guess is because of the removable roof, the rigidity of the body isn’t optimal.
So I think replacing with another glass roof is just asking for another 14-18000$ replacement in your future.
Time will tell. But unfortunately Carbon Fiber is the play here.
I remember when you had the BMW M5 with the V10 that was a badass car
I will stick with my 2010 Toyota Corolla, it even comes with free gold digger insurance! 😎
😮 thanks for all the information 🤴🏾💯👍🏽
I love my Challenger SRT.
Best Porsche marketing video I’ve ever watched
the engine builder is RICARDO
Transmission is Graziano (same as lambo/R8)
Thanks for this. As an Aventador S owner, how do you think Mclaren compare to the Lambos you have owned?
Great video
My God, what a beautiful piece of art that car is.
The red pill truth about owning supercars. Its a full time job and its expensive. Ig makes it seem like its easy and fun. If u dont like these engineered machines dont get em just to impress ppl
Your generalisation is messed up plenty of seriously reliable supercars mclaren is simply not one of them don’t shove all of them with that crap
Carbon roof panels are 40k because the molds are very expensive and the dealership has a markup
I’d rent it to scratch an itch, never own one.
That's what you do with a 10...
Same
Nice ride dude black is the only colour that suits that ride matte black looks awesome on some rides too like Mercs and Beemers
Having a high end car is commiserate with your net worth. Nice job sir!
Thank you for the vid. Even though the 720 is a beautiful car im happy im sticking with the 991.2 6spd GT3. Your 720 reminds me of the older Ferrari/Lambo's.
Beautiful Car 🔥🔥
Question, would you buy an evo8, supra older one from one Paul Walker drove, Nissan skyline.
I think the Audi R8 V10 is a better car for half the price .
And more importantly, with a stick shift
And less issues
Any McLaren drives better than an r8. I own a v10 plus and I’d upgrade to a McLaren in a hard beat.
V10 does sound much better than the mc’s v8 though.
@@bw3330It does not. Audi and huracan both definitely drive better. And it's not even close.
You could argue that the 720S is a little more fun, but that would be subjective. Just compare it to a different version of the Huracan or R8 and it would lose in that category as well.
Yeah the C8 Z06 is a monster Rich. I hear them screaming everyday at work since I sit next to the dynos they’re ran on. Just wait until the ZR1…
No warranty for all these defects? Are warranties a “poor man’s thing?” All the issues sound like warranty related. Beautiful car though. Great video!
No, this is their business model. They will charge you premium for a car, and about 50+% of the price of the car by the repair service.
The dealership was pleasant to deal after spending an additional 14k for fixing glass panels within 30 days of ownership? That car would go back to their lot immediately
Definitely
Rich I just got a 720 s with a high spec and titanium exhaust, I also got the performance version.
really nice !
Have you ever had an AMG mercedes? Ive been fiending for a 06-07 cls55 or e55 and im trying to figure out what the reliablity is on those cars. I
How much longer do you plan on owning it for after purchase- considering it’s an older car. By my estimation, reliability isn’t the main factor here, get the damn car b/c…. As you said you’ve been “feinding” for it. Ok Hugo? Do it.. NOW stop asking for permission
Can you get Tesla Model S plaids up there?
If so when are you getting one?
You have to turn the car on before closing passenger door? That sounds a little silly for such an expensive whip.
Beyond the money, was it worth the headache? I love cars but I hate more problems. Would you have been just as happy with a more reliable sports car?
There is no such thing as a reliable sports car. It’s not what they are for. It’s like trying to commute in a fighter jet.
Some are more reliable than others. I just value my time too much to deal with that number of issues. Sounds like he was solving for more than just pure fun that comes with a sports car.
@@darylmiller8911 any hobby takes time. So using that as your measure of satisfaction is a fools errand. This is part of growing into your hobby. They are temperamental, unreliable, challenging and costly. (Sound familiar?) but the real pay off is when you realize that YOU are the weakest part of the machine. To explore the limits of such a car is only for experienced pilots. I have a 765LT and it’s probably the best car on the planet.
Rich is is just trying to complicate his life and then justifying why he does it.
Totally agree he could’ve gotten a GTR, an NSX, LFA, first gen Ford GT, etc and wouldn’t have to deal with British build quality
What could you get for 20k? An E39 M5
Great video! How much does an oil change cost?
I had a 500hp mustang and went thru rear tires like crazy I can only imagine this thing lol. But the more expensive more race oriented Michelins always held up better then all weather ones. But I live in Florida so...
Heat resistance grip?
Chassis flex the cause of the glass panel to crack?
I hope to show you my Volvo one day. 1998 s70 t5 se with 533000kms on it, Enjoyed daily. Vroom I love your mclaren alot though :)
Why did you have to pay for the glass? Was the car out of warranty?
Thank you sir
Still watching :) The engine is a derivative of a Ford Cosworth engine. Cosworth is a British thing. I don't think I've ever heard of anything Cosworth derived used outside the UK having been in the US myself since the mid 90's. Funny you mention the computers, computers in cars will become a bigger and bigger issue as time passes. True story, the system that myself and 3 other guys developed is still used in the service of the F1 last time I looked into this. It is the oldest piece of software I ever worked on that is still in use!
"McLaren needs a 20-year-old Compaq laptop to maintain its F1 supercar"
internet for the last sentence above because CZcams deleted my comment 4 times. What a world.
Any aftermarket ECU's for McLaren's?
@@thisreallysucksbig For the F1 ? I'd say that is highly unlikely. Even on contemporary cars I can't see why you'd do it as the cars perform really well anyway. It wouldn't be economically viable to provide such a thing in my mind. I'd be happy to be proved wrong, though.
@@vincei4252 I know a lot of the older style ECU's you can't do much with. Have to get an aftermarket ECU to run ITB's for my 99 Miata. Love the sound of NA motors.
@@vincei4252 The censorship of YT comments has been off the charts lately - my most banal comments are getting nuked. You can't follow threads anymore as half the comments are nuked. This platform is long past it's use-by date for all but networks.
Andrew Tate explains this car well.
I have a Lotus and you can't compare these cars to normal cars they are finicky and hand made. Things you take for granted on a normal car, can be a pain on these type of cars.
But boy this cars are like you are plugged into the car.
FANTASTIC!
Porsche 911 Rennsport variants are as reliable as “normal “ cars. No excuse for the reliability of British cars in 2021.
No oil or other fluid changes???
Brilliant, this car is an absolute beast.
5k is nothing on a 300k car for maintenance for the yr. But that glass thing is a manufacturers fault and they are robbing customers no way glass can cost them 18k even carbon fibre would be half that cost. And they want 40k for that. That's bad of McLaren to do that.
Respect your ability to afford it, but not sure if it is worth the extra that come with it. All those inspections sound like a ripp off.
The seem like a rip off right up until the day they save your ass.
@@xtnuser5338 save you from what. It's all profit.
@@lowbloodprsure Save you from some impending and possibly dangerous failure. Like Rich detailed in the video, the inspection caught a tire that was almost worn through on the inside; something that he had not and likely would not have noticed on his own. I've had such an inspection catch a cracked heim joint on a rear toe rod; something that certainly would have been catastrophic if it had not been caught before ultimate failure.
They may be mostly profit, but they DO have to pay a tech for an hour or two at least. Porsche has performed all of mine for free.
We have the same jacket. Zara. Good pick.
Is the car 100% tax deductible since you do videos in the car?
Wow, Total waste of money. So many other great cars I can buy instead. And they won't have these stupid problems.
Nothing comes close to this car under $1m. These cars are a performance bargain.
@@scuph I guess it depends what you want. Tesla plaid will beat it off the line and has 4 doors and cheap to operate. A high end Lexus faster then you can legally go on any road and so comfortable and reliable.
@@rbfarrell1 Yes! A Lexus would be a much better option.
@@rbfarrell1 So it would be a waste of money FOR YOU. Other people value different qualities than you do.
Important lesson learned!
You want a driver's car - get a McLaren, You want people to look at your shit - get a Lambo 🤣
Thanks
Great choice of super car color is sick
LoL
If I could afford a McLaren, I'd buy one! I'm also cheap, and I dont trust new tech. So all my stuff is old.
I'm sure there's others saying they could buy cheaper cars... and of course. I personally, have always loved McLaren's! I typically buy what I can work on myself, and I'm not a motorhead. I usually dont work on my trucks and cars; but if I needed to. I can. I live OffGrid, so I buy more farm and off road stuff. But I like the video! It's cool to learn!
It’s a mclaren 720 light will come on every 3 months if you’re lucky. But not all cars of this level have issues. A good comparison would be a GT2 RS.