MARANELLO 575 MARKET POISED FOR NEXT INCREASE IN THE MARKET

Thanks Terry. Yes, I love the looks of that car. Before I bought it friends were telling me to buy a single mirror because it would be more valued, but I thought they were odd...(the cars, not the friends). Turns out they were right (the friends, not the cars). Still think mine is the perfect Testa but now risking being too off topic.
I do also remember (on topic) when Ferrari brought out its F1s for journalists back when, there was a big emphasis on "you need to learn how to drive these". I'm not really a motoring journalist so I can't comment any further.

 

Darius- It was even worse on the F355 F1 because Ferrari did not have a digital throttle at the time and they did not have enough throttle authority to match revs on downshifts. So the F355 F1 actually needed to be heel and toed or right foot throttle/left foot braked to match revs on downshifts. One of the reasons they decided to wait for the 575M to fit F1 rather than introduce it on the 550 as originally intended.

 

since this thread is talking about value increases. I think the future collector will want a 3 pedal gated 12 cylinder like the 550 AND a F1 12 cylinder like the only two built the 575 and 599... I don't have an opinion on which is right I like both for different reasons .. THen there will be the mid engine 8 cylinder collector etc....
So yes i think the 575 will increase in value...

 

Is that a joke book in your back pocket??

Hey Hey be nice

Give 10 guys the same job, and you'll get it done 10 different ways

If not you, perhaps some others may find it of interest... F1 wasn't perfect right out of the box

 

This is an interesting thread Darius

It is interesting to read all the posts and observe the different viewpoints of Maranello owners....whether they are 550, 575 F1 or 575 6 Speed cars.

I still believe the 575's will follow suit and appreciate like the 550's have done recently.....my thread was not to say that 575's will be worth more than the 550's.....but that the 575's are now starting to gain some traction to increase in value in the next 1 to 2 years....relative to the 550's

The Maranellos are a classic and future iconic car, like the 308's in my opinion.

This is just one Ferraristas viewpoint

Any of us who have been fortunate enough to own and drive these cars, are all in the same Famiglia

 

Too funny, Moe thought I was talking to him instead of Scraggy. No, Moe, not aimed at you.

 

Everyone thinks their wife is the prettiest - it's normal.

Terry please don't take exception I am in awe of your knowledge and contributions.

 

Ok now that makes sense- cause I was wondering...

Better for me- Let Scraggy deal with the onslaught

 

The question on my side is: Are the prices really so much different by today?

Think, there is also a difference between the US and the european market. At the beginning of this year, the prices for 550's and 575's (F1) in europe where nearly equal, so you could decide, which one you prefered. After I've bought my 550 the prices went strongly up for this model. Having briefly looked at the price development for 575's, it seem's to me, that they developed nearly equal.

Compared to the previous year, there are actually more cars of both types offered on the market and the price differences are much bigger, for example there are 550's advertised between 80.000 € and 195.000 €. Especially in the lower range some cars since the end of last year, when I activly looked for a Maranello.


Saluti,

Jürgen

 

2 and a half years ago when I purchased my 575, prices ranged from approximately CDN$85000 to CDN$110000 for the most expensive model through Ferrari Ontario's official dealer. Today prices are up to a low of $119000 to as high as $159000 at Ferrari Ontario's official dealer. Part of the reason is the steep decline in the value of the Canadian dollar vs the American dollar (30%), but even considering that there is an obvious increase going on. The only question is how long this will last and if it will be sustained.

 

On ebay Ferrari 575 M Maranello | eBay

 

Wow! 2004 model and very beautiful


Sent from my iPhone using Tapatalk

 

Interesting. In terms of what Ferrari itself promoted to market, I remember all the press cars (in Italy and also UK) for 575 launch were F1s. No manuals to be seen provided by Ferrari. With the 456 M they were pushing the GTA (I remember begging for a manual to be told no). 599s, 612s, I didn't see a single non-F1 offered for review to media though some magazines got them via dealers who couldn't sell them.

575 they were keen to get media into Fiorano Handling Pack cars eventually but launch cars I don't think had it. Can't remember whether they pushed 575 HGTE (don't think so) but certainly Ferrari promoted 599 "Handling GTC" as it said on the headrest of the Giallo Fly one I had. All F1.

 

Got my HGTC and HGTE reversed there.

 

Slight tangent, but i think Handling GTC on the 599 headrest looks a bit naff. More importantly though, how did it handle? Comparable to 575 or completely different?

 

Darius- One of the three early 575M prototypes, 123765, Argento with Blu Scuro, was a three pedal, but I am not sure whether she was ever made available to the press. The other two, 123761 and 123764, were both F1. The three were used for photo sessions, writing OMs and WSMs, press drives, and testing upgrades and were not brought up to production standard and sold until years later. 123761 even had its Assembly Number changed to a 2005 sequence, the other two retained their original numbers, I believe. One did for sure.

Dealers here unofficially discouraged owners from ordering FHP because of the squealing brake issue. The FHP technical bulletin even had a disclaimer about the squealing and stated nothing would be done about it. Many FHP owners switched to standard pads as a result.

HGTC was briefed to potential owners here and there was a brochure made available. A relatively high percentage (higher by far than FHP) of late 575Ms had HGTC, even at the $25K price. The ceramic brakes were a big selling point, having already been introduced on the CS. HGTC introduced so many upgrades, it fits into its own niche in the 575M spectrum. Very heavy duty springs and a larger anti-roll bar were matched with faster shifting (180 ms vs 220 ms, same as F1A in the SA and 612), new shocks and mounts, and an extra feedback loop from the Motronics to the TCU. There was even a new front underbody and new upper control arms with brackets for extra cooling hoses for the brakes. HGTC 575Ms were made available to the press.

HGTE on the 599 received much more press and was much more heavily marketed. The package was closer to FHP in differences than to HGTC, since the 599 already had CCMs standard.
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123765 was in the printed publicity material for the 575M launch and I beleive at various motorshows.
So if the 3 pedals were not actively promoted by the dealers the weren't exactly hidden either.

 

The HGTE pack on the 599 was available from 2009 so it's true to say that all factory HGTE cars will have CCM but you can find a pre 2008 599 with steels and some of these cars may have had (parts of) the HGTE kit fitted later on.

A large part of the cost of the HGTE kit would have been for those carbon backed seats, the Maranello equivalents of which of course were never part of any FHP or HGTC upgrade.

 

MB- Affirmative, there were many more trim items for HGTE and there were essentially none for HGTC, unless you consider the already optional 19" modulars a trim item. They were actually necessary to fit over the 398 mm front rotors and 6 piston calipers. HGTE unique wheels were 1/2" wider in front to cut down on understeer and match the heavier rear anti-roll bar. But we have to remember, package items like HGTC and HGTE only cost Ferrari the difference between the standard parts and package parts. They were huge money makers for Ferrari, except possibly for FHP, which only ran $3-4K more than standard.

Note there were HGTC upgrade kits as well as HGTE upgrade kits. Depending on how early the model, not all HGTC or HGTE parts were compatible.

 

It was a bit surprising for sure, the headrest. I had a standard 599 in 2008 and HGTE in 2009. HGTE was flatter handling, sharper, more firmly planted but standard 599 did not lack those qualities. I remember both being much faster than 575, much more modern, but less fun than the FHP 575, less involving. I never drove the HGTC 575.

599 seemed more like F12. Maranellos are unique I think if you look at what came before and after them. My F512M seems like one crazy dude compared to the 550. Long term, I suspect the differences between 550 and 575 will seem less marked.

 

Terry, that was very interesting about the prototypes and the FHP pads. I don't tend to go on launches, they take too much time and we have motoring writers to do that. The cars I drive are usually on press fleets of manufacturers and often I drive them months or years after the launch and after owners have them. Had a F12 in June for example (had one last year also), 458 Speciale in August and a California T arrives tomorrow. So you'll get no scoops from me, but always interesting to see how importers spec their press fleet cars in the long run. And in 15 years of writing about Ferraris I have never been offered a manual car, though they have been available for more than half that time.
Slightly off topic though.

 

Wow! Darius do you work for one of the major Auto publications in the UK? How do you get to drive so many Ferraris on a regular basis?

 

My RHD 575 F1 (#127587) was one of the early Maranello Concessionaires' press cars and appeared in many magazines and the 'Top Gear' programme.

It is fitted with a FHP as original equipment but this was not requested in the Maranello Concessionaires order or referred to in any other delivery documentation. I can only assume that the decision to offer (or fit) FHP was made after the order was placed, perhaps following some negative reports on the original non FHP cars in a few UK magazines.

The car, like most in the UK, is fitted with the 'optional' F! transmission. This added GBP7000 to the base price and was, perhaps, what economists call 'concspicuous consumption' where buyers go for the dearest!

As a point of interest, my car did not have a '575M' badge on the trunk lid when new.

[ame]http://www.youtube.com/watch?v=irpfIdcDyiQ&feature=share&fb_ref=share[/ame]

 

I think John has a point about "conspicuous consumption".
Where I work quite a few people earn quite a lot of money, they buy expensive cars but I would not count them as "enthusiasts" in the way I would people here.
What they generally want is the "new thing" and the £7000 F1 option defiantly would have been the "new thing" when made available on the 575.
This is not to add anything to the discussion amongst us about the merits of F1 , more to make a point about the motivations of some buyers of new Ferraris.

 

John- Most FHP 575Ms, like mine, came from the factory as factory options, but many have been updated with some of the components. Five or six years ago you could update the springs, steering ECU and rear anti-roll bar for less than $3000 including installation, but that changed as some NOS parts became rarer and then NLA. Pagid 4-4 pads without wires were also available cheaply for those immune to squealing noises. Only the brakes and steering ECU are now available and 575M owners have been updating with stiffer than FHP HGTC springs and softer than FHP HGTC rear anti-roll bars, which have unfortunately gotten expensive.

Incidentally, the 575M script on the rear was not introduced until Summer 2003 around the 134xxx serial number. I do not have the exact Assembly Number. Attached is a list of production changes to 575Ms made along the line. Most occurred later in production. If yours is not already on our list, pass me details and I will add her. I do not have many RHD 575Ms (C VINs) on the list.

Darius- A chance to drive late model Ferraris, no matter how far after introduction, is a huge benefit. The 599, with ~100 hp more and about the same weight, is definitely way quicker than a 575M, like a full second faster in the 1/4 mile/400 m. Much more modern inside, too, which is good or bad depending on your point of view. The skinny front wheels on the 599 always surprised me, but with that much power, some understeer for us amateurs was probably a good idea.
View attachment 575M 575 SA Updates Rev 1.9.doc
View attachment 575M 575 SA VIN and Assembly Numbers Rev 2.48.doc