Maranellos are disappearing | Page 39 | FerrariChat

Maranellos are disappearing

Discussion in '456/550/575' started by intrepidcva11, Mar 30, 2015.

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  1. ralfabco

    ralfabco Two Time F1 World Champ
    Lifetime Rossa

    Mar 1, 2002
    28,029
    Dixie
    Full Name:
    Itamar Ben-Gvir
    The Testarossa has a few differences from the Maranello. I understand it is usually less money to service a Testarossa, in Europe. In the USA, it is not unheard of to spend $14K on a major service with a water pump rebuild. You can save money with an independent shop or if you are talented - perform the engine out service by yourself.

    The Maranello major is significantly less money at a dealer or independent shop. The cost for the major has produced a wide spread with several Testarossa autos currently operating with deferred maintainance and cosmetic upkeep.

    It was not long ago you could find a Testarossa
    driver with 50,000 miles and overdue service for the bottom 40's. Today, you still have cars with mechanical and cosmetic issues pulling down the top cars with the uninformed buyers.

    On top of this is the large Testarossa production numbers and the excellent across the board mechanical upgrades offered with the 512 TR and M. The 512TR and M (a different car) have relatively low production numbers for a modern Ferrari.

    The 430 has a big gap between F1 and gated prices. I believe the Testarossa has quite a bit different market when compared to the 550.


    They babble about the rarity of the Testarossa, in the other section. Yeah. Whatever.
     
    Themaven likes this.
  2. 21ATS

    21ATS Formula Junior

    Dec 10, 2016
    988
    Kent, UK
    Full Name:
    Alan
    This is quite a big draw to me that the maintenance and servicing costs of a 500/575 Maranello are seemingly very reasonable in Ferrari terms.

    I originally wanted to buy a used FF and use it as a daily. After researching this I think I simply couldn't stomach or afford the maintenance costs. £30K brake discs and pads replacement. Potential gearbox issues that look horrendously complicated and expensive. I just realised it was out of my comfort zone.
     
    ralfabco likes this.
  3. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
    18,766
    Ff rotors (and other models with ceramic) are once every 100k miles!


    Sent from my iPhone using Tapatalk
     
  4. 21ATS

    21ATS Formula Junior

    Dec 10, 2016
    988
    Kent, UK
    Full Name:
    Alan
    I had a look back at the RM Ft Lauderdale auction a couple of weeks back.



    575 F1 $79,200 including fees. I can't see any mention of mileage though.

    https://rmsothebys.com/en/auctions/fl19/fort-lauderdale/lots/r0156-2002-ferrari-575-maranello-f1/745442


    The 550 with foot well speakers documented elsewhere on the forum was a no sale.

    https://rmsothebys.com/en/auctions/fl19/fort-lauderdale/lots/r0326-2001-ferrari-550-maranello-manual/753384
     
  5. 21ATS

    21ATS Formula Junior

    Dec 10, 2016
    988
    Kent, UK
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    Alan
    #955 21ATS, Apr 11, 2019
    Last edited: Apr 11, 2019
    Yes I understand that's the usual replacement cycle. There are threads on F Chat discussing replacement at as little as 30K miles though.

    For me it highlighted that a daily FF was out of my price point and comfort zone considering I'd be looking at a car out of original factory warranty when these things were also combined with potential gearbox issues.

    When I looked at a couple of cars at Ferrari main dealers here in the UK they did say they were replacing discs from between 30K and 50K miles, though many had lasted longer.

    First example I came across :- https://www.ferrarichat.com/forum/threads/ff-brake-job.586163/

    Just too scary for me thanks.
     
  6. henryr

    henryr Two Time F1 World Champ
    Silver Subscribed

    Nov 10, 2003
    21,650
    Atlanta
    Full Name:
    Juan Sánchez Villa-L
    2005 Ferrari Sold $68,688 USD
    575M Maranello F1 EST. PRICE $84.45K-$95.71K USD


    EXTERIOR Argento Nürburgring
    RM Sotheby's
    INTERIOR Bordeaux
    Lot 125 Essen
    ODOMETER 40944 km

    CHASSIS Nº ZFFBT55B000134687
    April 11, 2019 9:05AM (EST)
     
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  7. Bluebottle

    Bluebottle F1 Veteran
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    Oct 15, 2012
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    Looks like they've upped the estimate by £10K. Nice looking car. I hope it sells well, but I'm not sure I would by a 550 at auction.
     
  8. Bluebottle

    Bluebottle F1 Veteran
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    Oct 15, 2012
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    All Ferraris are rare. Especially if you are selling a Ferrari.:D
     
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  9. BarryK

    BarryK Formula 3

    Dec 17, 2016
    1,160
    Europe
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    Barry K
    Looks very tidy. But if they've increased the estimate, and there's a reserve on it, I can see it ending up as a no sale. Mine is in a similar condition and colour combo but with 6000 more miles, and I'd be amazed if I can get low-80's for it now.

    But it wouldn't be in an auction unless there's a good reason for it.
     
  10. technom3

    technom3 F1 World Champ
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    Mar 29, 2007
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    Justin
    I am a buyer on a low mile 550 marenallo for 110. Id love to buy one today
     
  11. Bradwilliams

    Bradwilliams F1 Veteran
    Silver Subscribed

    There are just as many 550s out there as there are TRs. 550 was lower production but there is a decent portion of the TR population that disappeared over the past 30 some years. There is zero reason why a 550 should cost 140 thousand dollars and up. There is nothing remarkable about the car at all other than the styling.
     
  12. ralfabco

    ralfabco Two Time F1 World Champ
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    Mar 1, 2002
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    Itamar Ben-Gvir

    They are the last of the 'affordable' gated 12's.

    I also enjoy the lack of a video game display dash - if it means anything to you. In addition the exterior style ain't too shabby. Today, the exterior design of the F cars, is busy.
     
  13. Bradwilliams

    Bradwilliams F1 Veteran
    Silver Subscribed

    I agree. They are gorgeous cars inside and outside. Not a fan of digital gauges either. "last of the affordable gated 12s" makes me laugh. Just like the Testarossa is "last of the rear engine gated 12s".

    Yawn. I loved looking at my 550. But when the day came that I sold it and had to let it go, I was sad for about 20 minutes then went on with my day.
     
  14. 21ATS

    21ATS Formula Junior

    Dec 10, 2016
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    Kent, UK
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    Alan
  15. 21ATS

    21ATS Formula Junior

    Dec 10, 2016
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    Alan
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  16. technom3

    technom3 F1 World Champ
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    Id buy a factory fresh car like you are referring to for 130k all day and twice on sunday in a good color combo all serviced up single digit mile car. ALL DAY LONG. If you find any in the 110 range you can make a lot of money on me.

    I disagree on the car not being remarkable.

    Its the last of the LDM Cars. Last of the analog cars. And yes... styling. The styling part is important. People buy style all the time.
     
    paulchua likes this.
  17. Bradwilliams

    Bradwilliams F1 Veteran
    Silver Subscribed

    I hear ya but just simply saying the car is "last of x, y, z" doesn't make it a remarkable car. There were plenty of lead sled pieces of crap cars made in the 70s and early eighties that were the last of x, y, z. Heck take the Delorean. It's the last and only car made by the company, pretty car, "last of the stainless steel cars."

    That doesn't change the fact that it is piece of junk not a remarkable car. Nice to look at, uber cool but not remarkable.

    You say that you'll buy those cars all day long, but we'll see if you will do so when they do hit 110 again which they undoubtedly will. Post pics when it happens, well all give you the thumbs up. Everybody says they'll do something when a hypothetical is present but when it is right in front of their faces it is a different story.
     
  18. NE550

    NE550 Formula Junior

    Mar 23, 2017
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    Dave
    #968 NE550, Apr 12, 2019
    Last edited: Apr 12, 2019
    I think we can all agree that Maranello prices are down in the last year or so. And they may go down some more, maybe level off...who the heck knows for sure? Ferrari market prices are notoriously fickle, and Maranellos fall into the "not quite a classic/still a late model used exotic" category, so this is nothing surprising or new.

    And what does it matter anyway? In my case I bought my 550 two years ago, probably "overpaid" for it, and I'm sure I'd lose money were I to sell right now. Its value, whether rising or declining, isn't going to make any material difference in my net worth. So, I'll keep it and keep enjoying it. I like it and it is an "event" every time I drive it.

    As for a "factory fresh" 550 or 575 meme, there's no such animal. As these cars are now 14 to 22 years old even the lowest mileage examples will have the multiple electrical, electronic and mechanical issues that inevitably result from a car essentially not being driven over so many years. Because a low mileage Ferrari derives most of its perceived value from the low miles, if you buy one you can't drive it anyway lest you diminish its value. So it'll sit dormant and deteriorate even more until you decide it's not worth keeping a garage queen around that you can't drive but still have to insure and keep maintained, and so it eventually gets sold to the next suck...er...caretaker.

    So, what the hell's the point of owning it? It's not like these things are great investments. If you want to make money you're better off buying real estate, not a Maranello.
     
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  19. F456M

    F456M F1 Rookie

    Jan 8, 2010
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    #969 F456M, Apr 13, 2019
    Last edited: Apr 13, 2019
    The situation in many European cities today, is that you get a penalty with toll roads for cars not complying with the emission requirements. The US is very old fashioned in that matter (luckily for us petrolheads). People have large cars md truck. In Europe, the trend is smaller cars with super low emissions which is way to park. In Milano many cars and scooters are no longer allowed to drive in the city if they ton’t company with the highest standards. Very sad in my opinion, but that is where the world (Europe) goes. The socialist parties gain control over the city traffic and want to control and reduce people’s freedom with all kinds of penalty. In London, a «tax» of about 17 dollars every day you drive into town is already a reality. + toll roads. Extra expences when parking a diesel car or truck is also a reality several places. During the next ten years, the value of normal cars will drop to almost nothing, and classic cars might keep its value. Hard core reality.
     
  20. Bluebottle

    Bluebottle F1 Veteran
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    Oct 15, 2012
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    Me, I don't give a damn what they are worth. I am not buying, because I already have one (bought, as it happens, for a lot less than even the cheapest are fetching today) and I am not selling, because I love my 550. I love the way it looks (far more so than any other 12 cylinder Ferrari since the Daytona, up to and including today's offerings, and probably tomorrow's too) and I love the way it drives. :):):):p
     
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  21. marce

    marce Formula Junior

    Jan 30, 2014
    432
    Australia
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    Marcel
    mine(550) has lots of gauges....they move....it's cool........oh and when i drive it ,i feel almost alone like nobody else would understand.
     
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  22. Bluebottle

    Bluebottle F1 Veteran
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    Except another 550 owner ;)
     
  23. Red575

    Red575 Karting
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    Apr 8, 2011
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    Jimi C.
  24. JimmyChooToo

    JimmyChooToo Karting

    Aug 7, 2017
    51
    There will always be a “last of something” Ferrari.

    Ferrari California - last gated Ferrari
    Ferrari F12 - last Pinanfarina Ferrari
    Ferrari Mondial - last mid-engine 2+2 Ferrari
    Ferrari 458 - last NA V8 Ferrari
    Ferrari F8 - last non-hybrid V8 Ferrari
    Ferrari 456 - last good looking four seat Ferrari
    Ferrari 550 - last gated V12 Ferrari
    Ferrari 575 - last steel space frame Ferrari
    Ferrari 612 - last single-clutch F1 Ferrari
    Ferrari F40 - last gated V8 turbo Ferrari
    Ferrari F430 - last “name printed on side mirror” Ferrari
    Ferrari LaFerrari - last good looking LE Ferrari
    Ferrari F512 - last flat 12 Ferrari
    Ferrari FF - last non-4 wheel steering V12 front engine Ferrari

    This can probably go on and on...
     
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  25. Solid State

    Solid State F1 Veteran
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    Feb 4, 2014
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    Maximus Decimus Meridius
    Curious of the reasoning here. LDM was president and chairman of Ferrari until Sept 2014. Well past the 575, 599 and into the F12 all of which his responsibility was working with the exterior/interior design approvals. Lucca at F12 release:

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