To suggest that an £866,000 car can be reasonable value is a hard argument to side with, but it’s one that we’re prepared to make.

If you count up the number of P1s that’ll be sold (375), factor in the overall development cost (hundreds of millions of pounds) and the likely production cost of each one, it’s easy enough to see where the money goes.

Matt Saunders Autocar

Matt Saunders

Road test editor
The P1 emits 345g/km of CO2 less than the Veyron Super Sport. The era of the hybrid hypercar has arrived

And it’s feasible to think that it is money well spent if, as the McLaren is, it provides so much enjoyment that it could effectively replace several other very expensive cars. If you really want to drive the P1 often, in other words, it’s worth the outlay. We would want to drive it often.

What will matter less are the car’s running costs, but an overall return of 19.6mpg in our hands is relevant, given that it provides the P1 with a thoroughly useful 275-mile range.

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