McLaren cut 1/4 workforce and mortgages assets
- Last Updated:
- May 26th, 2020 11:38 pm
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- SCORE-1
- Xtrema [OP]
- Deal Guru
- Sep 1, 2004
- 12020 posts
- 12040 upvotes
4 replies
- cristianosham
- Deal Addict
- Sep 6, 2017
- 4598 posts
- 3070 upvotes
More like next to file for creditor protection.
- georgecantstandya
- Deal Addict
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- Dec 21, 2013
- 2101 posts
- 3051 upvotes
- GTA
The depreciation on all of their save for the P1 is unbelievable. Not many people can afford a $100K-$200K haircut within 24 months of ownership, especially when you just as well buy a Lamborghini or Ferrari for similar driving experience. I heard from owners that the McLaren 12c was terribly designed and while it was faster than everything else at its price point, the depreciation really murdered any joy of ownership.. if you could get past it being in the shop every other week.
In other news, Aston Martin's stock is again a penny stock and on the brink of bankruptcy. They have been bankrupt 7 times before...
In other news, Aston Martin's stock is again a penny stock and on the brink of bankruptcy. They have been bankrupt 7 times before...
- cristianosham
- Deal Addict
- Sep 6, 2017
- 4598 posts
- 3070 upvotes
Time for Tata to buy them.georgecantstandya wrote: ↑The depreciation on all of their save for the P1 is unbelievable. Not many people can afford a $100K-$200K haircut within 24 months of ownership, especially when you just as well buy a Lamborghini or Ferrari for similar driving experience. I heard from owners that the McLaren 12c was terribly designed and while it was faster than everything else at its price point, the depreciation really murdered any joy of ownership.. if you could get past it being in the shop every other week.
In other news, Aston Martin's stock is again a penny stock and on the brink of bankruptcy. They have been bankrupt 7 times before...
- UrbanPoet
- Deal Expert
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- Jan 27, 2004
- 52436 posts
- 17494 upvotes
- ONTARIO
georgecantstandya wrote: ↑The depreciation on all of their save for the P1 is unbelievable. Not many people can afford a $100K-$200K haircut within 24 months of ownership, especially when you just as well buy a Lamborghini or Ferrari for similar driving experience. I heard from owners that the McLaren 12c was terribly designed and while it was faster than everything else at its price point, the depreciation really murdered any joy of ownership.. if you could get past it being in the shop every other week.
In other news, Aston Martin's stock is again a penny stock and on the brink of bankruptcy. They have been bankrupt 7 times before...
Soon to be Austin Mehta.cristianosham wrote: ↑ Time for Tata to buy them.