Why Did The Green Carbon McLaren P1 Sell For Just $1.85 Million?

At Mecum Auctions’ sale during Monterey Car Week, a rather staggering green carbon fiber McLaren P1 was sold for $1.85 million, a figure which has left us scratching our heads.

For starters, a pristine example of the P1’s closest rival, the Ferrari LaFerrari, sold for an extraordinary $4.7 million. Given the heritage, desirability and collectability of limited-run Ferrari models, it shouldn’t come as a surprise that LaFerraris are now worth significant more than P1s. But almost $3 million more?

Mecum itself estimated the green carbon P1 would sell for between $2.5 million and $3 million. Beyond being one of fewer than five P1s which were sent back to the factory to have tinted carbon fiber body panels installed, this P1 also happened to be chassis number 002, making it the earliest example ever offered for sale to the public and in theory, making it that little more desirable.

When the P1 first landed in the United States in 2014, prices started at approximately $1.15 million. However, the vast majority of P1 owners spent upwards of $1.5 million on their cars because of all the customization options offered by McLaren Special Operations. Add to that the cost of having the green carbon fiber panels fitted and it’s not hard to imagine the owner having spent over $1.85 million making this P1 like it is.

So why didn’t it sell for more? The green carbon is certainly divisive and could have turned away some potential buyers. That’s despite the original green painted panels also being offered with the sale. The green wheels and interior also divide opinion to say the least.

Do you have an idea why the car didn’t sell for more? Leave your thoughts in the comments below!

PHOTO GALLERY

  • Six_Tymes

    I love this, except for the wheel color

  • xDRAN0x

    Because its fugly and the new owner will have to spend lots of dough to make it good looking!

  • carsmofo

    the color makes the car look so cheap, a prime example of absolute shit taste.

  • KenjiK

    It would look better if the wheels were not also green. At the very least not that shade of green.

    • Dustin

      Agreed, just change the wheels (color) and it’s a better car. Someone got a bargain here.

  • Tumbi Mtika

    Those fucking wheels…

    • antbee

      LMAO!! I wish I had watched the Olympics, just to have seen this face made in real time!

  • Aquaflex

    It’s the ugliest P1 on the planet. They were lucky to get even the $1.85 million…..

  • fabri99

    Well, it is ugly indeed, but…isn’t it rather special as well? I mean, it’s no. 002, it has all the signatures thing. It should be worth more than a normal P1, you’d only have to buy a new set of wheels or respray this ones and wrap it or get it repainted. Let’s say it would all cost you $150,000, you’d still get it for 2 million dollars, which, for a P1, is ok. Plus, this is not ordinary P1, so that’s a bargain IMO.

  • 12333444333

    I wish you had some writers who knew their subject enough to provide an insight instead of just adding a question mark to a sentence.

  • LOVE FORCE ONE

    cause inflation – crooks have so much money it is not worth anything anymore

  • Erzhik

    All panels were replaced, some people don’t like that it’s not in original form. (even though original panels are offered).

    The color wasn’t the best and the wheels just made it look hideous. The owner should’ve swapped out the wheels before the auction.

    The car has leather seats. All P1s have alcantara seats, which are simply better than leather. Leather cracks. And the owner probably didn’t put a reserve on this thing.

  • MagicTH

    The green carbon is kinda cool, certainly very unique. The wheels…you can buy any wheels you want for $10K so that can’t be it. Dunno about the price. Should’ve been plenty of rich guys at Monterey…maybe there’s just too many choices? Also, 4.7 mil on a LaFerrari was the stupid move!

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