Want to put a new McLaren 600LT in your driveway? Better start saving, because with US pricing now announced, it’ll set you back $240,000.

The latest addition to McLaren’s “entry-level” Sports Series, the 600LT is based on the 570S, but takes the package much further.

The 600LT is powered by the same 3.8-liter twin-turbo V8 engine as the 570S. But instead of 562 horsepower (419 kW) and 443 lb-ft (601 Nm) of torque, the version in the new Longtail kicks out 592 hp (441 kW) and 457 lb-ft (620 Nm) of torque. And with a curb weight trimmed from 2,989 lbs (1,356 kg) to 2,749 lbs (1,247 kg), it’ll rocket to 60 mph in just 2.8 seconds (2.9 to 100 km/h), run the quarter-mile (about 400 meters) in 10.4 seconds, and top out at 204 mph (328 km/h).

In terms of raw performance, those figures put the 600LT well ahead of the 570S and just behind the 720S in Woking’s next-level Super Series. And so it does with the price, too: the $240k sticker bridges the gap between the 570S (which starts at $191,100) and the 720S ($288,845).

To put it in the context of its competitors, the MSRP on the 600LT puts it smack-dab in the middle between the Porsche 911 GT3 RS ($187,500) and GT2 RS ($293,200). It also fairly evenly splits the difference between the base and Performante versions of the Lamborghini Huracan, and puts it closer to the $256,550 price of admission on a Ferrari 488 GTB than the $214,553 Portofino.

Of course, there are ways you could spend more on your 600LT. The MSO Clubsport pack adds another $29,370 to the base price (bringing it up to $269,370), and the Clubsport Pro pack will cost you $34,600 (for an all-in cost of $274,600). Both packages include carbon-fiber racing buckets, which are also available as a stand-alone option (for $6,060) along with lighter-weight alloys (for $4,950). So for your money, what would you take – and how would you spec it?