MARANELLO 575 MARKET POISED FOR NEXT INCREASE IN THE MARKET | Page 2 | FerrariChat

MARANELLO 575 MARKET POISED FOR NEXT INCREASE IN THE MARKET

Discussion in '456/550/575' started by canadianferrarista, Oct 28, 2015.

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  1. F456M

    F456M F1 Rookie

    Jan 8, 2010
    3,696
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    Erik
    The dash in a 550 is much more serious business too. Front lights and front bumper looks much better and is the original design. And top speed is about the same. That combined with manual stick will make the 550 the real classic.

    I did 6.500 kms through Europe (in Ferrari hot places) like Manaco etc. and I DID NOT SEE ONE SINGLE 550 or 575... Saw lots of 430s, 599, 612 etc., but not one single Maranello!! So I felt quite priveledged behind my Pozzi/Crema 550 😀😀😀.
     
  2. tres55

    tres55 F1 Rookie
    Rossa Subscribed

    Sep 18, 2012
    3,571
    Canada
    I hope not. Would love to add a 575 F1 to the garage. :p
     
  3. Themaven

    Themaven F1 Rookie

    Nov 2, 2014
    4,361
    Eastdown
    Full Name:
    Darius
    Fabio, you are not wrong. As you are an engineer it must seem frustrating that people value worse technology. But people are crazy, which is why they buy any luxury brand, mechanical watches, conceptual art, classic cars, whatever, which is technically flawed or archaic.
    Classic cars used to be about beauty, now they are becoming about old tech (manual Ferraris, air cooled 911s etc). Today's new tech will be old tech one day. Who knows what the market will value in five years. Nobody predicted the manual craze five years ago.
     
  4. Trabots

    Trabots Formula Junior

    May 15, 2011
    500
    Perth, West Aust
    Full Name:
    Willy Stobart
    I too wonder whether I will be able to afford to keep my 04 manual 575, FHP, Daytona seats, Titanio, Bordeaux. Great spec for which I only paid 55k UK 4 years ago. I have it insured for $180k Oz. It is worth double that but insurance would triple and not be affordable at that insured value. If I left it where it is and had an expensive but not totalled crash, the insurance company will only pay for half the damage as I have insured it for half its value. Of course if I totalled it I would be massively short changed. I am trying very hard to resist sending it back to the UK.
     
  5. LARRYH

    LARRYH F1 Veteran
    Owner Rossa Subscribed

    Jun 3, 2011
    9,666
    virginia usa
    I Have been saying since before I bought my 550 that the 550/575 would increase in value I mean a beautiful V12 for 75k or so is just too good a deal ... As far as the manual vs F1 the only F1 i have is my scuderia but I really like it now ,i realize that this was pretty much as good as they got but I really like the mechanical feel of the F1 vs the dual clutch automatics of the new cars which I also i own.. SO in my opinion each will have a place and the true future collector at some point will own an F1 of some model in his collection.... just my two cents...
     
  6. F456M

    F456M F1 Rookie

    Jan 8, 2010
    3,696
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    Erik

    Trabots, you "stole" that car for 55.000 Euro/GBP/USD......... Lucky you!! Enjoy it. I did not buy my 550 as an investment object. Now, I am probably greedy when I think about the price I would sell it for, but the truth is that I REALLY LOVE this car and it can only disappear from me in exchange for a heavy amount of money...
     
  7. F456M

    F456M F1 Rookie

    Jan 8, 2010
    3,696
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    Erik

    Trabots, you "stole" that car for 55.000 Euro/GBP/USD......... Lucky you!! Enjoy it. I did not buy my 550 as an investment object. Now, I am probably greedy when I think about the price I would sell it for, but the truth is that I REALLY LOVE this car and it can only disappear from me in exchange for a heavy amount of money...
     
  8. MoeD

    MoeD Formula 3

    Aug 1, 2007
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    Moe D
    Funny how down the road it's always the first and most primitive versions of a model that start going for big money.

    Also things that no one would want in the heyday become more valuable simply because there are less of them, even though their rarity is because they weren't initially well received.

    But the truth is- The older cars are worth more in general than the newer ones. F cars depreciate like any car, but then rebound with age and become collectible.

    The older the car, the more valuable in general.

    Boxers took off, then Testarossas, and now Maranellos.

    I believe the 550 is taking off because, yes it has a stick, but moreso in my eyes because it is older. The next bump is definitely the 575 because it is now on the threshold of becoming as old as the 550 was a couple years ago.

    Even 456's are taking off. Next will be the 599/612 cars which are bottoming out right now. They too will rebound.

    Fact is, I had a 550 briefly this Summer and I'd rather have a 575 all day long, despite the fact that I'm a stick lover. The 575 is an updated and improved version of that same body style.

    Ultimately both all Maranellos will be worth money, but 550's are older so they moved first; however, don't think for a minute 575's aren't going to climb. They are next and they will climb just as well as 550's or better given that they are superior cars.

    In fact- Sticks are hott right now, but wayyyy down the road from now people will see single disc F1 transmissions will be a minority and their rarity will be make them desirable as the preliminary and primitive iconic version of paddle shifters- the initially primitive version of F1 shifting - and 575's will not only be very valuable, but the transmission will also contribute to additional value with time.

    575's are just hitting the age 550's did a couple years ago and now they too are taking off. Expect them to move up in value briskly, and even moreso down the road with time as very beautiful and well executed packages of Ferrari engineering.

    And just think of Ferrari's recent public offering and their current head honcho who is intent on increasing production and growing the brand. Ferrari will be the next Porsche and the audience for F cars will be enhanced and grow exponentially. The ever larger audience will all be competing for a limited pool of older collectible cars.

    Expect all of the cars worth talking about on any of these forums to get very valuable- And the 575 is better than a prime example of a car that will be forever cherished. They are starting to move now, but with time I believe they will far surpass the 550...
     
  9. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    39,162
    Clarksville, Tennessee
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    Terry H Phillips
    Scraggy- You need to learn how to drive an F1 system properly. None of the things you mentioned are typical, so she was either not set up properly or not enough operator experience. The F1A system on the Superamerica is exactly the same one fitted to the 612 and owners have been very happy with both of those models. It is not a DCT or an automatic, and anyone driving one like an automatic is going to be sadly disappointed, in town or not.

    Everyone thinks you can just jump in an F1 Ferrari with no prior experience and drive smoothly. Not true. Took me a while, and I have been driving 3 pedals for over 50 years.
    The GTO and Scud/16M are two generations further down the line than the 575s, so are quicker and smoother.
     
  10. tres55

    tres55 F1 Rookie
    Rossa Subscribed

    Sep 18, 2012
    3,571
    Canada
    Agreed 100%.

    The 355's F1 system is a lot of fun. I always drive in sport mode with manual shifts. Automatic mode is horrible...sport mode is just as fun as a manual with more control by having your hands on/near the wheel at all times.
     
  11. canadianferrarista

    canadianferrarista Formula 3

    Jan 16, 2010
    1,336
    Calgary, Ab. Canada
    Full Name:
    Domenic

    EXCELLENT analysis and I completely agree with your opinion, belief and future forecast.

    I also think that the younger generations of today (the future car buyers) of whom the majority did not learn to drive a manual, will seek out the 575M F1 over the 550 manuals....it is just a matter of time....maybe not in the next few years, but definitely in 10-20 years from now.
     
  12. abo78

    abo78 Karting

    Sep 5, 2008
    113
    Denmark
    #37 abo78, Oct 30, 2015
    Last edited: Oct 30, 2015
    Sorry guys, but I respectfully disagree with both of you. Is the 575 a better car than the 550? - properly as it is an much updated version of the 550 model. But will the fact that it objectively is a better car also mean that it over time will become more valuable than the first version (550)? - I think absolutely not!

    From the investment side then one thing that has been more or less a rule is that it almost always is the "first version" of a car that over time proves to be the most valuable/collectable. And of course there are also a few exceptions from this rule – but that is normally based of the premise that the later version is more rarer than the original version (ex. 512M vs. Testarossa)

    Over time then both the 575 and 550 will become “old/classic” cars and the older they gets the more people/collectors will turn away from considering/valuing the objective facts on the technical side to more an investment view based on rarity, purest design/most iconic design(the car is as the designer originally intended the model to be) and of course “the raw feel”– in reality meaning that the car over time will be rated on other parameters as when the model is pretty new.

    I like both the 550 and the 575, but if it is only from an investment you are buying then I would 100 % put my bet on the 550. In my eyes then the “normal” 550 vs. the “normal” 575 F1 in the future always will commend an premium.

    But lets us enjoy the cars – all of them is great – and to be the owner of either a 550 or 575 is truly something special.
     
  13. abo78

    abo78 Karting

    Sep 5, 2008
    113
    Denmark
    in my post above the word properly should of course be probably! Sorry for my bad English! :)
     
  14. wolfturbo

    wolfturbo Formula Junior

    Nov 7, 2005
    580
    So. Cal
    Full Name:
    Rob W.
    Many wise and insightful posts in this thread!

    At the risk of sounding biased (as a 550 owner), I would suggest the following....

    Newer isn't always better!! I always find myself thinking of the 996 twin turbos. Certainly better than the 993 twin turbos that preceded them, but which car trades at a premium and which car do collectors in the know covet? The 993 twin turbo!

    I have owned two 550M's and one 575 F1, and there is no comparison for me in terms of which car I prefer.

    As others have pointed out here, there is no right answer! We're basically debating the merits of Liz Hurley vs. Cindy Crawford!!!
     
  15. MoeD

    MoeD Formula 3

    Aug 1, 2007
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    Moe D
    All of you make valid points, but going back to my last post, I'm in complete agreement with Domenic's comments

    Yes the early versions are usually the more valuable ones, but usually because there are fewer of them.

    Generally the later versions are better cars, and obviously age later and so become more valuable later. In the case where there are few of them, such as '04 &'05 Maranellos, or even Superamericas, you will see that's where the money is. It's based on quantity produced, and desirability- which usually equates to which model is better

    And harking back to Dom's comment on what i wrote- Many of you are thinking in terms of our lifetimes, but the kids today who grew up on video games and paddle shifters, and lusted Maranellos may indeed find the paddles more attractive in the future, while others who grew with a Countache on their wall will lust stick shifts.

    The Maranello offered both in its day and can be considered a transitional model that will appeal to both schools of thought. But WAY down the road, the only school of thought will likely be paddles, and in this line of thinking, Dom is certainly correct.

    For now- Maranellos offer something for everybody- So choose what moves you. But as much as I LOVE a stick shift, I prefer the 575 with paddles (and that's just personal opinion)
     
  16. darth550

    darth550 Six Time F1 World Champ
    Lifetime Rossa

    Jul 14, 2003
    61,113
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    +1

    F1 355's spiked like crazy (as the next best thing) when the 360 came along but only because they were so advanced at that time and everyone was willing to pay way over window because .com $$ made the world crazy.

    575's are not that way due to circumstance.

    I have mentioned before that my '99 550 had the "F1 in Auto mode" light in the binnacle and it would light up for no reason from time to time. :eek: :)
     
  17. Patek

    Patek Formula 3

    Mar 24, 2006
    1,907
    USA
    Full Name:
    John Milton
    In fact- Sticks are hott right now, but wayyyy down the road from now people will see single disc F1 transmissions will be a minority and their rarity will be make them desirable as the preliminary and primitive iconic version of paddle shifters- the initially primitive version of F1 shifting - and 575's will not only be very valuable, but the transmission will also contribute to additional value with time.

    I think down the road the repairs on the F1 Shifter, the new computer parts in the 575, once these start going down in the 599, etc.... I think keeping one up will be more than most drivers want to risk. They really don't want to look at a $40,000 bill to get brakes, F1 Clutch, computer bugs sorted out. When they go out they get really expensive. The best way to skip that is buy one under the 7 year plan. Drive it until it runs out and pass it on. Then these cars will sit because they are too expensive to fix. As it was in the 70's and 80's for the V12's when people would put corvette engines in 275's and such. The cost to fix a GT4 3 years ago was more than the car was worth......... so it will be interesting to see in 15 years when the 458 is 20 years old, if people lust for these.
     
  18. SpeedmasterNL

    SpeedmasterNL Karting

    Nov 9, 2013
    161
    all great opinions, thanks everyone for sharing.

    I just cant see the paddle shift 575 becoming an icon or anything close to it compared to a 550.
    Think about it: in a world where 0% of Ferrari's new cars have stick, the percentile of stick Ferraris will dwindle year on year on year.

    The whole story about the new kids driving paddles and therefore wanting the old paddle-models is not factual, at least not for Europe as more than 75% of all cars sold here have always been stick and continue to remain stick. Just not the super sport cars like Ferrari, but a lot of fast "normal" cars till do.
    So when these "kids" come to grow up and can afford faster or more exotic cars, they still know how to drive stick. Plus I agree with Patek, maintaining a F1 system years down the line will make it costly, which will reduce the demand for them
    575 will go up in price for sure, just never as much as 550 simply because its the last manual as only option and all future ferraris are going to have paddles.
     
  19. darth550

    darth550 Six Time F1 World Champ
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    Jul 14, 2003
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    ....and what if F decides to make sticks again?????
     
  20. tazandjan

    tazandjan Three Time F1 World Champ
    Lifetime Rossa Owner

    Jul 19, 2008
    39,162
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    Terry H Phillips
    SMNL- You do not know much about F1, apparently, and the systems are getting easier to maintain as more techs develop more capability. The actuators are now being rebuilt at reasonable cost and on the 575s the F1 system has been very reliable. Diagnostic software has come way down in cost and that also makes it easier to maintain.

    We know you own a 550, but please tone it down on the 575M. Your opinion is just your opinion, just like mine and Domenic's. Like it or not, the 575Ms are on the upward trail, too, and many of us prefer the looks of the 575M and I, for one, much prefer the interior and Dino/Daytona layout of the instrument panel rather than having instruments spread all across the instrument panel. 3 pedal 575Ms far outstrip 550s in price and the HGTCs, with or without F1, are bringing similar prices. Like it or not the 575s were the ultimate evolution of the Maranello, especially the HGTCs.
     
  21. MoeD

    MoeD Formula 3

    Aug 1, 2007
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    Well said Terry!!... and I'm a huge proponent of stick, but I agree completely

    And as the cars get more sophisticated, the original F1 will be easy to maintain by world standards. Don't forget it's still a basic manual, just with a shifter mechanism that will with time seem so simple as the newer cars evolve and more manufacturers climb on the paddle shifter bandwagon.

    Stick is Great, but F1 is an upgrade in performance and more costly- hence the reason sticks are still so popular in Europe.

    I LOVE a stick, most of the handful of cars I own are stick, but drive the Maranello both ways and then decide. Totally different experiences and both are Super, but as indicated, my preference in the Maranello would be the later cars of the run in F1.

    Either way, both cars are going up, it's just that the later cars arrive later to the party ;)
     
  22. canadianferrarista

    canadianferrarista Formula 3

    Jan 16, 2010
    1,336
    Calgary, Ab. Canada
    Full Name:
    Domenic
    I have been fortunate enough to own and drive a Barchetta for 5 years, a 2004 575M 6 Speed Manual, a 2005 575M F1, a 2005 575M 6 Speed HGTC and a 2003 575M F1.

    If I owned all these cars right now and sold, I could retire and afford to keep at least one of them ;) .....which is now the 2005 575M F1.

    I have enjoyed all of my cars and this is no slight on the 550, as I have first hand experience in more than 5000 miles of seat time in the Barchetta and over 30,000 miles (not kilometres) on all the 575M's that I have owned and driven; and I prefer the 575M over the 550. Like Terry, I also like the interior design of the 575 over the 550.

    I recently had a very enjoyable 1600 mile weekend trip to Vancouver BC with my 05 575M F1 and that is what the 575M is about......a bit more refined and comfortable ride than the 550.
    I drive my 575M almost daily and it is the most enjoyable car I have ever owned, and I have owned various Ferrari and other interesting sports cars.

    This is just my preference and opinion and that is why I said in the opening statement that it will be interesting to see the various opinions and viewpoints.... :)
     
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  23. Marcutz

    Marcutz Rookie

    Dec 12, 2011
    21
    Toronto Canada
    Full Name:
    Marco Pasquariello
    Since picking up my 99 550 end of this summer I have seen the prices here in Canada skyrocket and very very few cars are even available. I plan to keep mine as I sold a 1986 328 GTS with only 12500 miles and lost money on it. That was a great car but the 550 is just some much more of a grand touring car. With supply on the open market being very slim and demand always increasing, the law of economics will just keep the prices rising from this point forward world wide!!!
     
  24. SpeedmasterNL

    SpeedmasterNL Karting

    Nov 9, 2013
    161
    My apologies if i came across as too dominant, bu didnt really get the "tone it down"comment.
    I believe i started by saying thanks for everyone sharing their opinion and that it I appreciate that.......

    Great cars all around, pick one, drive em and keep em. Price goed up; great. Keep goes down: who cares.
     
  25. JohnnyRay

    JohnnyRay F1 Rookie
    Silver Subscribed

    Nov 2, 2014
    3,597
    Central FL/NW WI
    If I was going on a 1600 mile trip, I would take the DB9... :)
     

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