| Author | Message | ||
| David R. (Rodsky)
New member Username: Rodsky Post Number: 33 Registered: 3-2003 |
Steve, Doody, Wm, Dan - Thanks for the helpful feedback. I think I will trend towards a 99 or 2000. I really like the 550, it is a beautiful car. | ||
| Dan (Bobafett)
Member Username: Bobafett Post Number: 526 Registered: 9-2002 |
You can find a 99 with more mileage for the same price...possibly even a 2000. --Dan | ||
| wm hart (Whart)
Intermediate Member Username: Whart Post Number: 1018 Registered: 12-2001 |
And, with that kind of mileage, the car must have spent some time sitting. Some problems won't appear until its been driven for a little while, so if you are going to buy this car, whatever the price, build in some extra "warranty" time, so when things go, you'll have some recourse. I bought a 97 with 6k miles a few years ago, and it took a few months of breakdowns to sort it out. Had the car been gone over thoroughly, i shouldn't have had most of the problems. But, because it had been sitting, coolant hoses problems, and other glitches, only made themselves apparent after i drove the car for a several weeks. The dealer took care of everything, but some of the stuff just won't come to your attention until you've driven it a little bit. Oh, yeah, and that price is too high in this market.Two years ago, that would have been a steal, but Maranello prices have continued to fall; 97's should be considerably cheaper than the price you quoted. | ||
| Mr. Doody (Doody)
Intermediate Member Username: Doody Post Number: 1023 Registered: 11-2001 |
even if it was the last 1997 built, it's still six years old now, and most shops would tell you that it needs its first major service (30K miles or 5 years, whichever comes first). the 30K includes sparkies and belts. while the 550 doesn't require an engine-out for this servce, it's still expensive - figure $3000 to $6000 ($4500 on average?) depending. in today's market, that price is a bit high. if the car was perfect (condition, history, papers, accessories, etc.) and had the major done, i think it'd be a solid deal at $125K in this market. if the dealer's willing to back the car up a bit with a reasonable warranty maybe another few to five gees. make sure you find out from the dealer whether it's on consignment or not - those can be a bear to negotiate on (silly sellers). get a PPI done. make sure they check for all the various "550 problems" we've been seeing pop on this board (search the archives) like the shock-mount actuators; engine mounts; delaminating glass; alarm update; water pump; etc. make sure all the recalls have been done! ask questions - we're all happy to help here (really!). doody. | ||
| Steve Magnusson (91tr)
Intermediate Member Username: 91tr Post Number: 1753 Registered: 1-2001 |
Too high IMO for the # of years (especially if "15K service" is taken literally). I forbid you to pay more than $115K! ('cause I want to get a 550 for ~$100K  ) | ||
| David R. (Rodsky)
New member Username: Rodsky Post Number: 32 Registered: 3-2003 |
Today - I saw a 1997 550 with Tubi, 15K service done advertised for $145K. It had just over 4,000 miles. What do you think of this deal? I am kind of interested in a 550 in the next several months and this seemed reasonable. I am sure there would be some room for negotiation. It was at a dealer (that was closed) but I went onto their website and it looks like it is in great shape. Silver with Black interior. |