FULL DISCLOSURE! The Running Costs of My McLaren 675LT Spider Over 5 Years

Let's have a full run through of the complete costs involved in running my McLaren 675LT Spider! It is now 5 years old and has covered plenty of miles, so how much does it cost for servicing, tyres, warranty, tax, insurance and so forth?
‪@TheShmuseum‬ channel gives a great opportunity to bring you more behind the scenes of running the Shmeemobiles and what's involved, and in particular more about the cars themselves, the good and the bad! Of course in 5 years and 17,000 miles, there have been a number of issues with the 675LT Spider, but overall the total costs outside of depreciation might surprise you.
Ignoring fuel as it's a separate topic, here's a breakdown of the various invoices I've had over the years with the car that's been in the garage for the longest, and exactly what it has cost.
Thanks for watching!

[@Coronerlex]

I love these "realistic" videos. Sometimes when we watch we tune in and just sort of assume you're a billionaire and none of these costs are actually significant to you. It's awesome to see the way you budget for these cars and make the numbers work. You think about these things the same way I do even though I own one sports car and you own a fleet lol! Keep it up guys! The Shmuseum channel has been fantastic since day 1!

[@mattd770]

What sports car my dude :)

[@Coronerlex]

@@mattd770 Porsche Cayman GTS

[@SupremeMonkey118]

@@Coronerlex Nice!

[@mrprofessional6156]

My friend has a mclaren 675LT with 57000 ks on It

[@Tetrathegod]

@@mrprofessional6156 I have 675LT with 12k and its amazing thing to have . Its maybe the middle spot between the mclaren problems and mclaren with no problems .(I had few stupid issues but still) its not daily issues like some people have on 720.

[@lfcmanlfc7916]

13k for discs I've worked hard all my life and have a car worth 13k which I'm so happy to own too

[@dxutube]

6k a year doesn't sound too bad at all. The depreciation is literally eye-watering, but hopefully it's at its worst at this time.

[@stfu6397]

How “bad” is it? I’m uninformed about it.

[@yungboicontigo9278]

Depreciation is good, bargains are legendary af. Hate when car prices goes up, because I got no clue who tf would buy those

[@borinvlogs]

@@yungboicontigo9278 Collectors or those who earn many times more than they have to spend on their bills?

[@yungboicontigo9278]

@@borinvlogs Welo basically collectors are typical old people who are rich by running a company or something

[@scottnaish-theheartpatient2016]

It takes big balls to knowingly loose dough like that ,but its great value for us lot of petrol heads ......" its frightening figures with finance interest as well " wow 🙄

[@rodneywilhelm8912]

Can't wait to compare its numbers to the Senna

[@vatsalverma999]

Yeah Senna

[@mr19842]

Yeah Senna

[@Ligerzeronz]

Would that pre accident or post incl parts :)

[@nathanthomson777]

Yeah Senna

[@springcorgi]

Oh for sure the Senna will be cheaper 🤣

[@matthew07shquad31]

Honestly,I have been loving the content on the shmuseam channel and the Mclaren 675lt has always been one of my all time favourite cars of all time especially in that beautiful spec of yours!!!

[@TheShmuseum]

Great to hear!

[@Jim61018]

I love this, it’s so good get a real insight into what sort of figures go into not just buying, but maintaining a collection like this. Brilliant 👏

[@AlisterTate]

definitely still my favorite out of your collection, love the Targa top style look.

[@chriswinston9010]

Honestly considering the purchase price of the car. If you think of these running costs in comparison to the rrp it's really not that bad. I expected more damage!

[@mycool8980]

Such a beautiful car, gotta be one of my favorites in the shmee collection.

[@Bolek989]

Thank you for your honesty Tim. One of the costs I was surprised with was the PPF. I thought it was going to be closer to 10k or so. Overall it’s all about the experience. Money comes and goes but experiences last forever!

[@liamgale3664]

Great video! It most definitely show’s that you thoroughly enjoy the car and it won’t be leaving the fleet anytime soon.

[@TheShmuseum]

Absolutely!

[@utkarshkaushik617]

This car never gets old it just keeps on getting beautiful day by day

[@TheShmuseum]

It's lovely!

[@ManosZouboulis]

One of your best videos! Why? Because it was realistically applied with not repeating claims and specs, a rather simple cost analysis! Thumbs up 👍👍

[@TheMrFishnDucks]

Fantastic video. Keep up the good work.

[@michaelgidea6794]

really good content, this is the kind of content that really interest me. I would add all those number in a comprehensive table depicting the total costs and yearly costs. It would be wonderful to have this table filled up during the video on the basis of Tim's statements.

[@worldcup88]

Thank you for sharing the details! The depreciation is crazy.

[@controlmold]

I seriously enjoy videos of yours on this channel than your main channel! Keep it up !

[@briandovey6241]

You've come a long way from being a car spotter to being a fantastic car collection owner, fair play to you mate, also after Tavarish 🤣, and Mat Watson the best on KZbin. Respect, keep them revving!👍👍👍🗨

[@mat4263]

I like Mat Watson for his reviews but he's literally an employee of Car Wow. Shmee is not only his own boss, but employs other people and owns all of these cars personally. Where as Mat just reviews cars and take a salary

[@forbello]

Are you saying Matt Watson trumps Shmee on KZbin? Surely you’re not…..Shmee is on a whole nother level…

[@davidsmall7676]

Thanks Shmee for the transparency. It is extremely interesting to hear the numbers in a real world view!

[@Make-Asylums-Great-Again]

3

[@mubblemann]

Very interesting video. Much appreciated that you're transparent about it 👍

[@MrHaydenJacobs]

Great video, very interesting! Although quite expensive, not as bad as I thought you were going to say!

[@lukewadsworth5954]

Would love to see a full collection video like this puts it all into perspective

[@ANTHONYKE4]

I absolutely love your LT. Really is one of my favourites in the garage!

[@lewisburt3750]

Plz feature this car more on the main channel! I know you feature it alot but I want more! It's my Fav car you have along with the SLS BS!!

[@sueholloway3369]

Really interesting video Tim about one of the most beautiful cars in your collection. Thank you!

[@WAATANG]

Thank you for this video its refreshing and truthful, usually these kind of videos are clickbait and uninformative. The disc costs are scary for anyone looking at 2nd hand who are likely to end up with that bill

[@danielbrown4579]

Good, honest, informative video Tim.

[@Vinttro]

A great insight on costs Tim. The 650s is for us the greatest in regards to McLaren value . All the best Vint-tro.

[@TravisHargiss]

GT 8 would be cool to see like this.

[@Firleman]

kzbin.info/www/bejne/g5W3cpuAhbR6lcU there is a video of that on his "main" channel already :-) Hope the link works!

[@muhlurijay-deemathebula2883]

Hope your eye gets better soon, and also the GT8 NEEDS some love as well.

[@JFord44]

Great content!

[@derc5284]

This is probably my favorite car in the collection! The silver wheels look so so good! I think shmee changed a lot of minds about silver wheels 😅

[@andrewfwallace4582]

Superb video presentation and in-depth breakdown of running costs and ownership, what's it like on fuel? loving the new and improved Shmuseum channel , you need a classic 190E 2.3-16v , Shmercedes lol

[@reedyjester772]

I'm loving these kind of videos... Tim do all the keeper cars ...

[@Nara-kun]

Still my favorite car in your fleet, hands down one of the prettiest you own.. and the bangs on the upshifts you get with these are just.. 🤤

[@Ferrarienzo347]

I would love to see more videos like this on other cars in the collection! So interesting!

[@hanshonstatzky961]

Thanks for being very open….cheers Hans

[@WallieDoodley]

Excellent content. Appreciate the in-depth look at the runnings of a machine of the sort. All figures were somewhat expected apart from the depreciation. This however, will taper out and quite likely go in the opposite direction in due course. 👌

[@jo05dk]

Besides the possibly 13K for new disks, i can't say i was especially surprised by any of the other numbers. ..but getting a run-down was great. More of this, yes please :)

[@BigDazzle1]

Love these videos. It’s good to see what sort of costs these cars accrue over time. I think it would be cool if you did a few more of these for the different level of cars in the collection.. one with one of the “cheaper” cars (focus Rs heritage) and also for the “hero” car (senna/gt) for example.

[@benjy5154]

I love the strategically places ads in all of shmees videos👍

[@HellcatDreaminJosh]

The Shmuseum Great Video I think insane that you've paid that Much money for your 675LT in 5 years and I can't wait to see how expensive all of your cars are

[@DavidNesbit_theTHINKER]

Another great Shmee video, many thanks. And, it's not just supercars that can be expensive to own and operate either. I purchased a 1976 Volkswagen Golf LS 5-door manual hatch for aud$6,000 and kept it in mint condition too with good insurance, etc and my yearly maintenance service costs were $2,000 to $3,000 which also included grease and oil changes at 10,000 km intervals. Incredibly expensive but my car, at the time, was a beast performance wise and would cruise all day long at 145 km/hr and never miss a beat and still have the driest gray exhaust(!). So, basically, like the Schmee McLaren if you're going to look after your vehicle and keep it at tip-top performance and condition it will cost a significant amount!

[@djpiping]

Seems like a good guy and a very interesting video. Thanks

[@aakashskychopra1]

Well I love this channel a lot as I get to see the team and other important key features for maintaining cars plus the 675lt spider with silver is amazing its just everyone prefer dark wheels that the silver ppl don't opt

[@TheDaz2708]

Every time I see your new garage the Shmuseum. I look for the 675 first I love it its got everything you would need out of a supercar 😁

[@TheShmuseum]

Right on!

[@betaich]

Next time you do this it would be great to add an excel sheet or something similar at the end, will make comparing the cars much easier and also could serve as a nice nerdy thing at the end

[@Coffeedrinkerer]

Love a good spreadsheet for sure, good suggestion

[@romualdrenault4782]

I cannot believe how much those 675LT depreciated considering that apart from the P1, it might be McLaren best supercar evermade

[@asruljamaludin]

Very insightful 👍

[@AudreyH48]

It's my personal favorite out of your current cars and I definitely know how the depreciation isn't really as big a deal as it sounds. I do agree too, once the world goes full hybrid/electric, the petrol cars will rebound for sure in value. Also being a painter, the best thing for the custom color honestly is just a full respray. That's really the only way to not paint the front end over and over to get it to match. Even factory cars can be quite something to match.

[@kurt9055]

Awesome thanks for that Tim

[@dobrychlopak9907]

Tim, thanks for sharing your private experiences with maintanence. Its shocking how poor I am, even driving a f01 7 series XD

[@ebinsuncle]

I love the LT, it’s a stunning spec

[@Tinoz_zw]

Thanks Tim, I love these videos. In the future videos can you talk numbers on the Ford GT and Mclaren Senna as well.

[@YepYepYepYepYep]

Really interesting video! 👌🏽👍🏽👍🏽 You should do a video of the cheapest compared to the most expensive

[@gavinhowe5796]

Very informative and interesting for me as a 675LT owner. Like you I am in it for the long term but I decided to self under write the warranty and so far have saved 12k as the car has been good. Lower miles and a switch to P Zero's for dry and wet road use has also meant lower tyre costs. A great car to drive and the combination of a 1230kg dry kerb weight, good power and the very best steering and driving position is hard to beat.

[@roadlaw]

Depreciation - the elephant in the room of new car sales! I find it interesting that some cars, almost all, depreciate faster than a piano in free fall initially, then usually slow their rate of depreciation, then sometimes plateau. Few reach absolutely zero value if looked after, and then of course there’s those special cars that start appreciating with time and variables such as low build numbers, race history, and / or celebrity ownership (occasionally, depending on the celebrity!). Who would have thought twenty years ago McLaren F1 values would be where they are today? And then there’s the next elephant about to enter the room - as more countries turn their backs on internal combustion engined vehicles what effect will that have on values? Some suggest values will dive, as more cities place restrictions on their use, not to mention fuel sales, and other folks say the values will climb as rarity value kicks in. Going to be interesting to watch, only time will tell which camp is right. Meanwhile, as far as I can see the only real answer is to get out there in your favourite cars and enjoy driving them!

[@MatthewCMaw]

Excellent content!! Although I feel like you may have just committed yourself to replicating this video on the whole fleet, one by one 😂

[@nizzypatel]

maintenance cost over 5 years is not bad at all. Thank you for sharing

[@nathandavis5003]

I want a video like this for all cars then a video at the end comparing costs among all of the cars.

[@pjkotze2307]

The depreciation PER YEAR is close to what I paid for my new Ford Ranger! Very cool video.

[@icewut]

Man it might have caused some issues and I know you don't need reminding but that purple is just stunning and worth it! Huge fan of purple and if I ever own a McLaren one day it will be purple for sure! Truly something to dream of...

[@Vangent87]

When you do the conversions from Pounds to USD I think that’s pretty normal. I think the insurance requirements are different because I’ve never once been asked about what kind of security we have.

[@WillCooksEatsandDrinks]

Fantastic video. Amazing to understand the real world costs of owning such an amazing car and very brave to let us all know. Would love to know how much the Taycan costs you after a few years of ownership as an EV!

[@ashriches99]

Loving this new channel😀

[@TheShmuseum]

Thank you!

[@DallasSDogger]

The figures are not surprising. Having owned many Mercs, BMW and now Porsche the depreciation is something new owners must consider. Frankly, these and all of your cars do not deserve sadistic depreciation, when dual cab utilities and Mazdas etc have less depreciation. Thanks for sharing. Remember in life you only get one lap - make the best of it!

[@HQBProductions]

Very interesting Tim…not such big numbers other than the depreciation. Is it worth it?…yes I would say do but then the figures for your whole collection combined much be really frightening! You are very brave and I hope it all continues to work out for you. Stay safe…😃😃😃

[@iainf6]

#Shquad.....hi Tim, yep the costs of this one didn't suprise me too much except I think it's done well considering the pitfalls that can happen. Enjoy the financial costs but would like a proper tour around each car like this but including the things on the car. Great video as ever buddy 👊 😎😎😎

[@AWCCarDetailing]

Great video!

[@TheRuzo1330]

Wow Tim! I’m surprised at the maintenance cost! Every time I take my wife’s G Wagon in for service. It cost around $1500. Even when I took my Huracan in for service, it only cost me $750. Again what I find so surprising is the amount it costs from your McLaren to my wife’s Mercedes!! Crazy!

[@iizzzyEik]

My favorite car of yours🙏🏻

[@STEVEBHPDEVON]

love the 675lt, very intresting more of these vids please 👍 😀

[@Eatsleepboost]

Great video. I was interested in these numbers. I am a 12c owner that bought used so I avoided that big loss being depreciation.

[@itc9251]

Very interesting and thank you for your honesty. Makes my m4 seem like a bargain at £81k new had for 3 years I’ve spent not even £3k in total for servicing tax and insurance. Mines a keeper also so don’t care about depreciation. Yo in did forget about fuel cost tho at around £70 per 200 miles

[@iNegroTv]

The 675LT has always been my favorite car in the collection. (I'd want to drive a Senna or Ford GT first, but if I could *keep* one of the cars, 675LT.)

[@bondy284]

Open and honest👏👏👏🇦🇺

[@jordanrothstein7104]

Have things like the big move to the shmuseum, or the little dink you had oh the front of the car when you were on tour, or the fact you go abroad a lot effected the insurance prices of your cars, or does it fluctuate a lot. It also makes me cry a little knowing that it costs the same for you to insure a Mclaren, as it does me (An 18 year old) to insure a 1.0L Polo. shows how much they dont want us teenagers on the road haha. Keep up the amazing work on this channel!!

[@jamesr5741]

I think those costs are very reasonable! When you add it across multiple cars is when it really starts to hurt. But the 675 is definitely a keeper! Would be nice to see another road-trip in Europe in the LT.

[@scottiecopasetic8315]

The 675LT is one of my favorites. I'd prefer a 720S over the 765LT (just based on comfort). 675LT is pure emotion!

[@kja359]

Very interesting video. To compare, the road tax for my SLK350 here in Bulgaria is 130 GBP, the mandatory insurance is 113 GBP and the optional insurance is about 100 GBP per year. What crazy numbers in the UK :). Tim, please do the AMG GT-R. I'm hoping to get one of those as soon as the market and prices calm down a bit.

[@maxreimann6734]

My favorite spec of the all shmeemobiles. I've only ever driven a 12C and I found it pretty boring honestly, but I would love to drive a 675LT one day. Beautiful car Tim.

[@Make-Asylums-Great-Again]

Have you ever experienced a Civic?

[@Smitlors]

I love the GT8 so anything with that in it would get my thumbs up lol love the channel Shmee 👍

[@Rob-od8rg]

Great to get an idea of costs. The only surprise for me was the cost of the brake disks. My pretty basic Porsche costs more to maintain than the McLaren! And that surprised me as well.

[@sampag1904]

It would be cool if you could make videos on all of the cars with this style like memorabilia facts about the car

[@TheShmuseum]

That would be cool!

[@me250165]

Wow that was a surprise, an average of 6k per year is way less than expected. Fantastic insight Tim, would be interesting to see how much the comparison costs are on the Aston Martin, being the other British manufacturer, especially on the depreciation 🤔

[@nickskinner1482]

those costs sound very reasonable to me. my friend has a similar collection and works at 10k per car per year to run/look after and ignores the depreciation as he wont be selling.

[@Thecarguy-ej5lw]

I really like these kind of videos can you do one with all of your cars

[@markspark7347]

Love this video Tim!! Please more more more cars :) what about the Ford GT or Senna?? :) or the AMG GTRs you’ve owned

[@alanblasczyk1779]

The cost of the 675 is a little less then I would have guessed.

[@Wertical21]

1800 for insurance was a huge surprise. absolute bargain for UK prices.

[@kyejt-r]

I would really love to know more about the AMGs, especially the GT Black Series and the C63 AMG Black Series. love to know what modifications are up for both those cars

[@olivierl2172]

Nice vid 👍

[@RB-87]

One take! Nice video

[@vegardhagen9259]

We are almost at the 100k mark!!

[@MrBottomrung]

This is really interesting stuff.

[@stephenlatimer1428]

a full disclosure Tim. this is something i have only seen Robert talk bout n i understand why, simply none of our business. i thought it wud have been way more than 6000 per year for the 5 years of ownership, thats just for this car. the big G Wagon. thx.

[@atobpilot]

Great content. Would love to see this kind of video with the Senna and Ford GT.

[@TheShmuseum]

We're planning to feature more of the individual Shmeemobiles in the future!

[@scottfarndell1636]

Stunning car and under appreciated £30K a year in depreciation is a lot to swallow though Tim -insightful and honest video though :)

[@gazzabrownhigh8891]

The car is worth more than £200k currently so I think £150k or £30k pa is the worst case scenario its more like £100k and £20k pa. Mine has done £50k in 3 years

[@LoudModeOn]

The low cost of insurance was the biggest surprise to me, considering the track days and the fact other people drive it too. Interesting stuff.

[@kevinskipp2762]

Probably not be insured for the track day through standard insurance, probably pays separately I'd have thought, if he pays at all. May just keep fingers crossed he doesn't crash it.

[@bispal]

Great video Tim. Had my 675LT 2 years and bought with 2 years warranty so not had that cost yet but when I do 2 years is now £9,600. Only extra costs over 2 years and 7k miles has been a set of tyres at £800 but I sold my old tyres for £500. The 2 services have been around £750 each and for me insurance £550 pa and road tax the same. Also it has averaged 25mpg and will do 36mpg on the motorway so considerably cheaper than other supercars in fuel. I have had only one warranty claim in 2 years for a lose coolant hose so would have been peanuts. My wings do need replacing and they are being upgraded to vented CF. Overall it costs way less per year than my F355 did and not much more than my 986 Boxster. Going forward the only significant cost is warranty at £5k pa but that is less than many cars repair bills, i recently spent £3,500 on my NA MX5 rust repairs. I am hearing so much that these are the McLaren sweet spot and will probably begin to appreciate from here on as availability dries up as many owners are long term keepers and see them as forever cars.

[@gazzabrownhigh8891]

Mclaren 675LT Spider is still the best supercar out there and a guaranteed future classic. Prices are only going up and will be back to list price in the next 8 years as they become highly collectable

[@_mb_3628]

I'd love to see a video about a rough estimation of what the actual shmuseum has cost so far i.e build cost etc