getting a new ferrari below list price

You cant, though you could always flip it

Are you getting screwed with your order ??

 

Its a helpless problem. You really cant get around it.

My Solution:
Buy a Hyundai

 

riiiight. i almost stepped in dog poo this morning. collect enough of it, dump it in my driveway, and i'll treasure it more than a hoondie.

 

Don't forget to sprinkle some hundreds and thousands on it

 

Has the price of Ferrari's or any imports for that matter reduced over the last 18 months? With the AUD strengthening by 30% you would expect a 30% reduction in import costs.

 

No not really. We have had a recent retail price cut here in Aus as of late, but its not that much. The only imports to lose are of course the flood of Japanese cars we get. Skylines, Rx-7's,Supras etc... All "JDM" (Ubertek Speak) cars.

 

You could always buy a V12 and negotiate a discounted F430 as part of the deal. Heard of a 100K+ discount on a new 575 today.

 

Ouch! That'll do wonders for resale!

 

.......and you could buy that 100k discounted car, drive it out the showroom, turn around, drive it straight back in and lose another 100k on the trade in value.

Offer 'em 400 cash and you'll lose your arm with it....probably!

 

Word on the wholesale grapevine is that 2nd hand 575's aren't selling even at low 400's, high 3's on low <3000km cars seems to be the market. Time to sell the 550, buy a 575 and throw the suspension in the bin.

 

Yeah maybe, but the 550 is down in the 250K or even less ball park, and a 575 ain't even a 50K better car, never mind 150k, AND your mates and neighbours won't even know you've changed cars. (if that's important to you!)

Gimme 100k to spend on your 550 and you'll eat std 575's for breakfast in all dept's.......

plus... maintenance and repairs are more tax friendly than purchases.....!

 

I have two buyers at 285+ on my car, playing a bidding war as we speak (so to speak )

 

you're still going to be 100k out of pocket to get into a 575, which you'll then spend another 20k on making it "yours", and then another "x" hotting it up.....

oh yeah, and if you're thinking of buying the F1 575.... Please drive it for at least 200 km before committing. I did and don't like it,....... but you decide for yourself.

A 20 minute blockie won't tell you much......

 

Correct, 575's are supposedly in the trade in the high $300's. If you own an early 550, it is now in the early $200's.
Either way, that's a hell of a lot of car for the money.

 

G'day Scott...got any current pictures of your race car to share with the forum.......

 

Agreed, the market is also full of imports that are distorting the prices. There seems to be a firming of Aust delivery 550 prices over the past 6 months. Not sure whether to stick with my 550 (2000 build, 2002 delivery) or sell it retail and replace it with a wholesale/distress sale 550 or 575.

 

Take the money and run in the opposite direction. The buyers haven't done their research too well IMHO.
I wouldn't change from a 550 into a 575. There isn't much difference for the money and the 550 is pretty much fully depreciated. The 575 still has a way to go yet before price bottoms out.

 

I'm only looking at it opportunistically. Buy a cheap 575, change suspension, add Tubi etc have some fun, sell over 12 month period, find another car, repeat.
Find me a late model black 550 less than $250K and I'm a buyer. After you add FHP (5K for ECU's alone), Tubi etc you start getting back up in price again.

 

scud, have they given you any indication of when ?

 

Hundreds; but you would be horrified ! Then again Carl has no doubt showed you some for your amusement.
Restoring old race cars tut, tut, tut

 

I'm with Phil on this one. Keep the 550, the 575 is a backwards step (unless you MUST have F1 gearchange).
If you are doing it to have fun mucking around rather than make money, go ahead (been there done that a lot). You won't make money selling your 550 retail and then trying to buy distress sale 550/575 at wholesale. Unless you have an LMCT, the Government will steal any margin in it with the taxes in changing over.

 

F430 Quota's are not firm with the dealers yet. Any delivery times are pure conjecture at this stage. The dealers get there demo cars in March, the first customer cars are maybe April. The dealers don't even know the final mix of Coupes/Spiders yet.

 

Nothing wrong with restoring old racecars... but yours is nearly new!! It's still a current FIA car