Market is horrid for "modern" classics, everyone knows 575 manual is "safe" and good news but the frenzy has gone. Non differentiated cars are very hard to move at present.
Well the Giallo one (ex-Rod Stewart) has just reappeared for sale with a private seller in Dorset... GBP219,950 Used 2002 Ferrari 575 for sale in Dorset | Pistonheads Image Unavailable, Please Login
I agree, and I think it's a case of overshoot and calming down. Classic cars do seem to gain value in steps, and this is a flat part; also as you say there are too many undifferentiated cars pretending to be classics. Why a 50,000 mile 360 F1, one of around 11,630 made, should be seen as a classic; or why a low miler of the same car should be up for £130,000 is beyond me. I have nothing against 360s but there's nothing to differentiate these cars. My bold prediction is that the wheat shall separate from the chaff and go gently in their opposing directions. Maranellos are wheat, of course. I know no more than anyone else, but while I see that £130k 360 or 355 going down to the 70s, I don't see a manual 575 doing the same thing.
I'm not sure what the "Groves" logo over the number plate refers to but I would be prepared to bet you a Chelsea bun that this car hasn't been sold by Slades recently - the owner has just pulled it and re-advertised it privately.
The roadster that just won the AMBR (America's Most Beautiful Roadster) had a V12. A Lincoln flathead V12, but a V12 nonetheless. Eventually, the 6000 or so Maranellos will differentiate themselves from the 30,000+ 360s/F430s. There are nearly as many 3 pedal 360s (~4700) as there are regular Maranellos (5147). The V12 is the real differentiator. Will be interesting to see the split between V8 and V12 Lussos. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
Well, the colour of the yellow car certainly differentiates it! 575 manual, RHD, in yellow. Even if it hasn't got FHP, that probably makes it 1 of 1. So does that mean it is a better investment than a RHD manual 575 in, say TdF blue, or the much maligned resale red?
There's different and there's different. Yellow is the most difficult resale colour in the UK..personally I think it looks good on some Ferraris. Equally I think those 'bloodbath rosso' interiors are a hard sell though they are very rare..
I agree. Rarity does not always equal value. Some things are rare for a negative reason, rather than a positive one. Yellow is a funny colour. It generaly suits smaller cars (Dinos, 911s for example), better than larger ones like, say, 550/575s or 612s (has anyone ever seen a 612 in yellow?). But then again the rash of yellow F12 TdFs that seem to be all the rage just now actually look rather good. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
And here we have it - the 612 Scaglietti Emoji edition. There is a good measure of vicarious pleasure to be had in the knowledge that such cars exist. Kudos to the original owner who clearly tamed it down a bit by resisting the temptation to add Giallo highlights to the interior and/or brakes (but I'll dock him 5 fchat points for spec'ing shields). Our 'friends' in Vancouver have this one for sale... 2005 Ferrari 612 Scaglietti F1 | Only Certified Ferrari & Maserati Dealer in Vancouver Image Unavailable, Please Login
Well bu**er me! Actually it doesn't look as bad as I thought it would. Still not going to buy one, though, let alone from that source - small world, isn't it?!!
I've had yellow cars from Ferrari to review, more than any other colour. The original press 458 was yellow, so was the 599 HGTE, and the 458 Spider. That may just be the personal taste of the media people. But they all looked good.
It has been like that since the F355 at least and magazine photo editors would appear to love them. P.S. Whenever I see a used Giallo car for sale, I wonder if it was once on the press fleet. If so, some will shy away but serious problems would presumably be rare and knowing Ferrari, you might even end up with a mildly blueprinted example. Ferrari 575M Superamerica | Evo
I drove a Gaillo 550 to Le mans a few years ago, it attracted far far more attention than my Verde car. People who aren't "car people" often don't see exotic cars unless they are 1) loud 2) Brightly colored or 3) Open top. That car (on Tubis) was 2 out of 3. The extent to which you want to be seen by the non car inclined public is of course moot, in my case its zero.
Giallo (color of Modena) is my favorite for most Ferraris. HGTC 575M 141692 in Giallo Modena with the Superamerica paint scheme with no black paint. My old Daytona was Giallo Fly with a black blood groove. Image Unavailable, Please Login Image Unavailable, Please Login
Bonhams in Paris got EUR 345 000 for this Bonhams : Boite de vitesse manuelle et seulement 1927 km d'origine,Ferrari 575M Maranello coupé 2002 Châssis n° ZFFBT55B000129697 - possibly not FHP but 1927 km only
Its all about the miles for the "keep it in a box" collector types, it has a twisted logic too in that you can't retro fit low mileage. Well, not without a 14 year old geek with a lap top and and a disregard for the law.
Anyone know where I might find one? I guess you might need a decent forger to do the service history and other paperwork, too. Given the potential profit, they could both be paid handsomely: buy a 50,000 miler for maybe £150K, give it a makeover for maybe £20K, sell on as a 1,000 miler at £300K.
