Would you do this trade??

Discussion in '456/550/575' started by Philly, Apr 20, 2017.

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  1. Philly

    Philly Karting

    Aug 23, 2012
    204
    Maryland
    Full Name:
    Phil Gelso
    Hello All - so a dealer in fla wants to trade my 97 550 Maranello 26k miles red/ black for his 12 Mclaren MP4 12c 14k miles white black ... Thoughts please!!!
     
  2. tomc

    tomc F1 World Champ

    Apr 13, 2014
    10,298
    DFW, Texas
    Full Name:
    Tom C


    Modern classic, 3 pedal V12 Ferrari for a first gen, twin turbo V8 Macca? I wouldn't make that trade, even if marque and future price tends were not in the equation.

    Good luck. This is an awesome "problem" to have.

    T
     
  3. Themaven

    Themaven Formula 3
    Rossa Subscribed

    Nov 2, 2014
    1,853
    London
    Full Name:
    Darius
    They are very different cars, so it depends what you would use them for.
     
  4. dsd

    dsd F1 Rookie
    Silver Subscribed Owner

    Nov 19, 2006
    3,357
    Northern Virginia
    I'm no expert, but believe the MP4-12c prices have not yet bottomed out, while 550 prices still have some upward mobility.

    The current values are probably slightly in favor of the 550 (hence a dealer offering the trade).

    Really, comes down to what you want. The Maclaren is a great car, not sure its a classic like the 550, but sure is nice.

    Honestly, I would not, but could see both parties being happy.

    No bad choice.

    Best,
    dsd
     
  5. Laserguru

    Laserguru Karting
    Silver Subscribed Owner

    Aug 7, 2016
    186
    New Hampshire
    Full Name:
    Eric
    So this is even exceeds the recent classic "First World Problems"....

    Zeroth World Problem??

    Decisions, decisions, decisions....I honestly can't say which as they are truly different beasts.
     
  6. au-yt

    au-yt F1 Rookie
    Silver Subscribed

    Aug 13, 2006
    4,095
    Australia out of Syd
    Full Name:
    Graeme
    The 550 is the long term bet value wise, and is much easier to sell.
    Mclaren has introduced a range of new models that will impact on the Value of the Mclaren MP4 12c and at this point its only 5 years old. If it was a 650S its a consideration.
    I highly recommend getting on the Mclaren forums and do you home work.
    They have there own issues and you cannot have things like oil leaks fixed by a dealer its a part replacement, ie Gearbox... yep the whole box. Mclaren are yet to authorize independent maintenance organizations.
    If you do decide to go down this route get the dealer to add the Mclaren extended warranty in the deal, yes Mclaren offer extended warranty. on cars over 5 years old.

    Best of lock with the decision.
     
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  8. Philly

    Philly Karting

    Aug 23, 2012
    204
    Maryland
    Full Name:
    Phil Gelso
    Never mind ... I did my research ... I'm used to expensive parts but the Mclaren takes it to new levels ... Too bad ... Great car ... Thanks Fchat gang for quick good advice ...
     
  9. mpurcy

    mpurcy Karting

    Jan 29, 2013
    163
    Oceanside Ca
    Full Name:
    Mark
    I live in Taxifornia...so taxes suck even on a straight across trade...some states have no sales tax or one make you pay taxes on the delta. How is Florida?
     
  10. ko23

    ko23 Karting

    May 6, 2015
    190
    I had the same offer. I kept my 550.


    Sent from my iPhone using Tapatalk
     
  11. tres55

    tres55 Formula 3
    Rossa Subscribed

    Sep 18, 2012
    1,740
    Canada
    If maintenance wasn't absurd on the McLaren, it would be something to consider...but as it is they're absurd to fix outside of warranty.

    Don't look up what a steering rack or transmission costs. :)
     
  12. henryr

    henryr F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    12,825
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    and the $3k battery
     
  13. orled

    orled Rookie

    Jun 13, 2009
    23
    UK
    How about if 458 & 550 showed parity? Would anyone do that swap?
     
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  15. marce

    marce Karting

    Jan 30, 2014
    177
    Australia
    Full Name:
    Marcel
    Here in Australia it's quite close, an imported(british) 550 listed recently and is seen as less desirable due to salted roads, moisture and corrosion sold recently for approx $300k.
    2010-2011 458's with some usage advertised from $360k.
    Presented with a swap for a 458, i think i would still keep the 550.
     
  16. INTMD8

    INTMD8 F1 Rookie
    Silver Subscribed

    Jun 10, 2007
    4,164
    Lake Villa IL
    Full Name:
    James Moran
    I would not. Need to have a manual trans.
     
  17. Philly

    Philly Karting

    Aug 23, 2012
    204
    Maryland
    Full Name:
    Phil Gelso
    I would swap my 550 for any 458 without blinking ...
     
  18. toggie

    toggie F1 World Champ
    Rossa Subscribed Owner

    Nov 30, 2003
    15,796
    Virginia
    Full Name:
    Toggie (Ron)
    Interesting question since those are the 2 Ferraris I own.
    I love my 550 as much as I love my 458.

    They are such different kinds of fun.
    Stick-shift, high torque power versus paddle-shift DCT high-rev power.

    If I could only own one of them, it would be a tough choice.

    .
     
  19. fatbillybob

    fatbillybob F1 World Champ
    Consultant Owner

    Aug 10, 2002
    14,245
    socal
    That's what I was thinking. I'm sort of thinking of doing my 550 swap for a challenge car only because I don't drive my 550 and put more miles on race tracks. But I actually don't like DCT except for racing so I would never own a DCT for the street.
     
  20. tazandjan

    tazandjan Two Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    27,404
    Albuquerque, NM
    Full Name:
    Terry H Phillips
    Darius- Rosso Corsa and Crema on that 550, UK resale favorites. The 458 is a much better long term deal than a similar McLaren MP4-12C. Would still keep the Maranello personally, however. There were only 3083 550s and probably close to 20,000 458s.
     
  21. Caeruleus11

    Caeruleus11 F1 Veteran
    Rossa Subscribed

    Jun 11, 2013
    6,445
    I would not change the 550 for a McLaren. I agree, if you were to add a car, the 458 is much better choice.
     
  22. ko23

    ko23 Karting

    May 6, 2015
    190
    What about a 575M F1 with FHP trade for a 458? Is that a wise choice? Very different cars. Is one appreciating and the other continuing on a drop with 20,000 of them made?


    Sent from my iPhone using Tapatalk
     
  23. tazandjan

    tazandjan Two Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    27,404
    Albuquerque, NM
    Full Name:
    Terry H Phillips
    You are not going to find a dealer who wants that deal. FHP does not increase the value on a 575M that much in the States. Incidentally, I have one, too.
     
  24. Graz

    Graz Formula 3
    Silver Subscribed

    Oct 15, 2012
    1,208
    New Jersey
    Full Name:
    Thomas
    Having owned both cars I decided on keeping the 550. Such different offerings but the 550 is a more "usable" car. It kind of flies under the radar if you will which allows it to be more of a daily driver. A modern classic which typifies the Ferrari brand. Don't rush to trade it. Just add to it:)
     
  25. wbklink

    wbklink F1 Rookie
    Silver Subscribed

    Sep 2, 2009
    2,766
    Los Angeles
    Full Name:
    Bill
    I would NOT trade my 1998 550 with 76,000 miles on it :)

    cheers
     
  26. Bas Jaski

    Bas Jaski Two Time F1 World Champ
    Silver Subscribed BANNED

    Mar 24, 2008
    23,508
    UK
    Full Name:
    Bas
    Keeping money out of it: Absolutely NOT. Keep the 550. A proper GT, looks fantastic, V12, extremely usable. 12C is not a good looking car (subjective of course). May be a fast car, granted...but will soon be ''outdated''. Sounds weird maybe as the 550 is of course far more dated. I don't think it'll age at all well, like 355/360's with F1 gearbox.

    Putting the money factor in again: Even more incentive to keep the 550!
     
  27. Ferrari 308 GTB

    Ferrari 308 GTB Formula 3

    Feb 21, 2015
    2,042
    If the dealer is offering you a trade it is pretty obvious you would somehow lose out one way or another...you did the right thing to hold on.

    Over the years I occasionally thought about trading 'up' .Today the right 308 is priced over 328/348/355/360/even 430 (F1).Has a long way to go to rise above 458 but i guess it will probably happen within the next +/- 5 yrs.However i will most likely never make the trade.

    550 is the V12 i would like to also own,but if you no longer wish to keep her then you have quite a good range of great cars to choose from. I would go for a 430 MT if the numbers eventually work.
     

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